Allocations
Keyhaven Capital Partners (Keyhaven) has secured an equity funding of up to EUR260 million for DARAG, its legacy insurance acquirer, to support growth plans for the business.
Funding has been provided by Crestview Partners (Crestview) via its European partner Aleph Capital Partners (Aleph Capital).
DARAG, a Keyhaven portfolio company, specialises in taking inactive or discontinued (run-off) businesses from direct insurers and reinsurers. The Company has completed 26 transactions across Europe since its inception in 2009.
The new capital commitment follows a period of significant strategic development for DARAG, which has seen it grow substantially in the rapidly expanding
The Illinois Service Federal Savings and Loan Association (ISF Bank) – one of America’s leading black-owned lending institutions – is rebranding as GN Bank to align with its international banking operations. GN Bank internationally has over 330 branches.
“We want something different to come out of the South Side of Chicago,” says Dr Papa Kwesi Nduom, president of Groupe Nduom and chairman of ISF Bank. “We’re linking the South Side to the world through this traditional, black-owned bank.”
At a time when available lending capital is decreasing for black-owned businesses, GN Bank will become one of the few remaining
OFS Capital Corporation (NASDAQ: OFS) and Ironwood Capital have a made a debt investment to support a recapitalisation of Performance Team, a Los Angeles-based third-party logistics and distribution provider, offering consolidation, warehousing, distribution and transportation services across the US.
“OFS Capital has a long history of partnering with owners and management teams of family-owned companies to help them grow their businesses. We are excited to partner with Performance Team, a second-generation family-owned and operated company, to enable the buy-out of an existing equity owner and be a part of the Company’s continued growth and success,” says OFS Capital Senior Managing Director
Pamlico Capital is to make a strategic investment in Personify, a provider of technology solutions for non-profit organisations.
Terms of the transaction have not been disclosed.
“This marks a new chapter for Personify, and the next step in creating a leading Constituent Management and Engagement (CME) Platform,” says Eric Thurston, President and CEO of Personify. “Our vision is to help associations, charities and health and wellness organizations manage their members, fundraisers, donors and constituents by continuing to innovate and develop market-leading solutions for our clients. This partnership with Pamlico gives us the opportunity to accelerate our plans to create
Calculus Capital, an Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist, has invested GBP2 million in software company CloudTrade.
CloudTrade’s technology – which has been patented in Europe, the US and Australia – enables companies to automatically process electronic documents such as invoices and sales orders received by email.
The software extracts information from a human-readable, machine-generated document, such as a PDF, validates it and then converts it into a data file that is fed directly into the company’s accounting system, without human intervention.
This automation enables companies to make significant savings on administrative costs and
KKR is to acquire active lifestyle and hospitality company Bay Club from York Capital Management and minority investors, including JMA Ventures and Roxborough Group. Financial details of the transaction have not been disclosed.
Founded in 1977, Bay Club operates a collection of active lifestyle campuses, welcoming more than 50,000 members throughout California. The clubs are designed with innovative amenities to support the company’s focus on Fitness, Sports, Family and Hospitality.
Over the past several years, Bay Club has assembled an experienced management team – a blend of fitness, hospitality, technology, and finance veterans – and has grouped properties into
F2i, on behalf of its Third Fund, has signed an agreement with private equity firm Terra Firma to acquire RTR, a company that owns 134 photovoltaic energy production sites in Italy, with an overall installed capacity of 334 MW.
“Thanks to the overall scale of production reached with this acquisition, F2i becomes Europe’s third largest producer of electrical power from solar energy. The noteworthy operating and financial efficiencies of scale achieved will also make it one of the continent’s most efficient operators,” says Renato Ravanelli, CEO of F2i .
In fact by the end of 2018, F2i plans to confer
Bridge Farm Group has been given the green light to commence construction of a 75-acre production facility following a GBP18 million cash injection from HSBC and private equity investor NorthEdge Capital.
Bridge Farm Group, which includes the Neame Lea and Zyon brands within its portfolio, specialises in the growing and production of ornamental plants, flowers and herbs for retailers throughout the UK. The company has a workforce of over 500 employees at peak times across five locations around Spalding, Lincolnshire.
The company’s brands have been recognised by the industry, with Neame Lea most recently winning Overall UK Grower of
A surgical and high-precision engineering company that provides bespoke full jaw dental implant solutions in a day to patients has received a GBP4 million investment from BGF.
London-headquartered Evo will use the funding to expand its clinics, which feature on-site dental laboratories with the latest hi-tech medical manufacturing technology across the UK, and explore international growth.
Evo’s advanced, proprietary solution provides life changing treatment for patients suffering from severe dental problems caused by advanced gum disease, congenital bone loss or accidents, and who require a full jaw reconstruction.
Designed and developed in-house by founder Dr R P Vijayanarayanan BDS (Vijay)
Mid Europa Partners (Mid Europa), a private equity investor in Central and Eastern Europe, has completed the acquisition of a majority stake in MediGroup.
The seller, Blue Sea Capital, has retained a 45 per cent stake in the Company.
MediGroup is the leading private healthcare provider in Serbia with 13 facilities across key cities, providing inpatient, outpatient, lab, IVF, ophthalmology and cosmetology services. Mid Europa and Blue Sea Capital will support MediGroup during the next phase of organic and acquisitive growth, further consolidating the burgeoning private healthcare market in Serbia and strengthening the Company’s market leading position.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm