Allocations
Evotec AG has completed the repayment of 50 per cent of its EUR140 million debt bridge facility within the first year of it being granted for the acquisition of Aptuit in 2017.
Effective August 2017, Evotec acquired Aptuit, a partner research organisation for integrated outsourced drug discovery and development, for EUR253.2 million in cash. This acquisition was financed through existing cash reserves and a new EUR140 million senior debt bridge facility.
The repayment of EUR70 million within the first year of the loan period was made possible through the strong cash inflow from Evotec’s operational activities in the first
Molson Construction Equipment, the UK’s largest distributor of capital equipment, has received a GBP6.3m investment from BGF to support its growth strategy.
Headquartered in Bristol, Molson will use the investment to build a new national parts centre and additional depots across the UK.
Founded in 1996 by Jonathan Wilson and Robin Powell, the business provides sales and aftersales services for heavy construction equipment – such as excavators, material handlers, crushers and loaders – to the construction, quarrying and waste management industries.
Molson has grown organically and through acquisition and now operates from depots in Bristol, Warrington, London, Kent,
Wendel has received a firm offer from Aptar Group to acquire all share capital of CSP Technologies (CSP), a provider of custom polymeric solutions and specialty protective packaging, for an enterprise value of USD555 million or approximately 13 times Adjusted EBITDA.
Subsequently, Wendel has entered into an exclusivity period with Aptar Group to finalize the transaction, which should close in the fourth quarter of 2018, subject to customary information procedure and conditions including regulatory approvals.
In January 2015, Wendel invested USD199 million of equity in CSP, and thereafter invested an additional USD29 million to finance its acquisition of Maxwell
Three Hills Capital Partners (THCP) is to sell its investment in sports technology company Genius Sports Group (GSG) to funds advised by Apax Partners.
Founded in 2000 and headquartered in London, Genius Sports Group is an industry-leading software business to the sports media and regulated sports betting sectors, specialising in the capture and distribution of real-time sports data.
THCP invested in Genius Sports Group in 2015 via a combination of debt and equity: through the provision of a GBP17million loan as sole lender to the company and the holder of a minority equity position of circa 20 per cent.
Berlin-based startup Grover, which offers pay-as-you-go subscriptions as an alternative to technology product ownership, has raised EUR37 million in Series A funding, one of the largest Series A rounds in Europe.
The round was led by circular economy specialist Circularity Capital LLP, and supported by fintech investor Coparion, Samsung NEXT and Varengold Bank as well as existing investors including Commerzbank’s Main Incubator and June Fund. The round consists of EUR12 million from equity investors and EUR25 million in debt capital. The new EUR25 million debt facility replaces the previous facilities, representing the total debt capital base for asset investment.
Resurgens Technology Partners has acquired InvestorForce from MSCI and is to merge it with portfolio company Investment Metrics. The combined investment analytics and reporting solutions business will cater for investment consultants, wealth managers and investment managers.
The transaction is expected to close within the next three months, subject to customary closing conditions. Terms of the deal have not been disclosed.
Resurgens says the merger will enable the combined business to provide investment tools for performance analysis, investment reporting, investment policy statements, peer benchmarking and competitive insights, leveraging the unique and substantial data assets of the combined company. The newly
OpenInvest, a digital investment advisor for socially responsible investing, has raised USD10.4 million in a Series A funding round led by QED Investors, with additional participation from Andreessen Horowitz (who led OpenInvest’s previous venture round in 2017) SYSTEMIQ, Wireframe Ventures, Yard Ventures and Abstract Ventures.
According to Morningstar’s Sustainable Funds US Landscape report, assets under management in portfolios using various approaches to sustainable investing have grown to an estimated USD23 trillion globally, an increase of more than 600 per cent over the past ten years. OpenInvest’s platform delivers customised investment portfolios aligned with an individual’s or institution’s values. ESG (environmental,
ADL Bionatur Solutions (MAB: ADL), a company specialised in research and development of health products, services and industrial fermentation production, has closed a EUR12 million fund raising with institutional and qualified investors in Spain.
The transaction follows the listing in May 2018 on the Mercado Alternativo Bursátil (MAB) a sub-market of the Spanish Prime Market (BME), through a reverse acquisition of Bionaturis by ADL Biopharma.
On 19 July 2018, ADL’s Board of Directors set a price per share to EUR 2.20 for the EUR 12 million capital increase with qualified investors, excluding subscription rights. Under the transaction, ADL issued
LDF Group (LDF), a UK-based alternative provider of SME finance, has rebranded as White Oak UK following its acquisition by White Oak Global Advisors on 30 June 2018.
White Oak UK is excited to use the rebrand as an opportunity to reinforce its vision of significantly developing lending levels to UK smaller businesses, who still struggle when trying to access finance for their businesses.
This, coupled with a new focus on expanding operations to provide fast and convenient business finance to larger, middle-market companies across the UK draws on the wider group’s experience in mid-market solutions, providing White Oak
Ladenburg Thalmann Financial Services (Ladenburg) has made a strategic investment in Track Technologies (Track), a San Francisco-based digital provider of tax automation for independent contractors, freelancers, and other workers who generate self-employed income.
The investment, which is the first major outgrowth of Ladenburg’s recently launched Innovation Lab and its inaugural Innovation Symposium in May, enables Ladenburg to align new technology-enabled solutions to support the business growth of financial advisors affiliated with its five independent advisory and brokerage (IAB) subsidiary firms: Securities America, Triad Advisors, KMS Financial Services, Investacorp and Securities Service Network (SSN).
Adam Malamed, Executive Vice President and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
