Allocations
Future Industrial Services (Future), a private equity-backed environmental and industrial services specialist, has completed the acquisition of Colt Industrial Services (Colt) assets from Augean PLC, in a deal valued at GBP1 million.
Headquartered in Kirkby, Merseyside, Future works with clients including government, major utilities and multi-national companies to provide cost-effective solutions to waste management and decontamination requirements.
Colt provides a range of specialist industrial services to sectors including rail, military and utilities. The Colt acquisition sees Future acquire a significant number of fixed and mobile assets together with 40 staff, taking total headcount to over 350. Future has also
Fulcrum Capital Partners (Fulcrum), a private equity firm focused on the Canadian middle market, has acquired National Logistics Services (NLS), a specialist in Canadian third-party logistics for the apparel, footwear and action wear markets in North America.
NLS has experienced strong growth over the last decade, with over 50 years of continuously evolving retail logistics expertise, a deep understanding of the fashion logistics industry, and best in class e-commerce enabled systems and software.
“We are very excited to partner with Fulcrum through its investment in NLS,” says Terry Vukosa, President of NLS. “The foundation of our success is a
Incubator and accelerator fund Emergence has successfully closed a third funding round of EUR320 million for its second European equities sub-fund, bringing the total amount of capital raised from 16 French institutional investors and invested in the three sub-funds to close to EUR800 million.
“This fundraising is a real success: it represents a 60 per cent increase compared to the previous sub-fund dedicated to equity strategies, and confirms the quality of the managers’ selection and their respective successes. Thanks to its original national marketplace model reinforced by the extension of its club of LPs, Emergence opens new horizons to retain or
The Dementia Discovery Fund (DDF) has raised GBP250 million (USD350 million) from a group of strategic investors committed to developing new medicines for dementia.
The goal was met today with a new investment of USD60 million from US AARP, the global nonpartisan organisation dedicated to empowering Americans 50 and older to choose how they live as they age.
The fundraising far exceeded its initial target of USD200 million (GBP130 million), making it the first and largest venture fund focused entirely on discovering and developing novel therapies for dementia, including Alzheimer’s disease.
The DDF makes early stage venture capital
Breed Reply, an active operational investor in early-stage Internet of Things (IoT) businesses, has invested in two more early-stage Internet-of-Things (IoT) businesses – CageEye and ubirch.
The companies have now secured a total of EUR5.8 million in funding, including this investment round, since they were launched.
These new investments mean Breed Reply’s pan-European investment portfolio of early-stage IoT businesses has increased to 22 in a variety of different sectors. The sectors include health & wellness, industrial IoT, smart buildings and cities, security and platforms. So far, in 2018, Breed Reply has invested in four new IoT businesses with plans to
Private equity firm Bregal Investments has launched a EUR40 million Bregal Sustainable Development Fund (SD Fund), as part of its Environmental, Social and Governance (ESG) strategy.
The SD Fund will provide attractive financing to existing portfolio companies across the Bregal platform, focusing exclusively on ESG improvement projects. The SD Fund was launched in Q2 of 2018.
Quentin van Doosselaere and Steven Black, Co-CEOs of Bregal Investments, says: “This is an important milestone for our firm, as we’ve just published our first Responsible Investment Report which underscores our commitment to ESG and shows our ESG approach across the Bregal platform.
An affiliate of Harbor Beach Capital, a private equity firm focused on investing in lower middle market companies, has made an investment in AVFX, an event technology services business.
Headquartered in Boston, Massachusetts, AVFX provides event technology services, including audio, visual and lighting production and staging services for corporate events, trade shows, exhibits and meetings, primarily in North America.
AVFX was founded over 35 years ago by Murray Lapides who, along with AVFX’s management team, successfully grew the company from a predominantly Boston-focused audio-visual staging company into a well-recognized event technology services business supporting corporate and institutional clients throughout
Irish insurance brokerage Arachas Corporate Brokers (Arachas), a portfolio company of private equity firm Sovereign Capital Partners, has acquired Covercentre. This is the third acquisition Arachas has made since Sovereign backed the management buy-out of the business last year.
Covercentre is a wholesale insurance broker that offers specialist property and commercial vehicle insurance to circa 300 sub-brokers in Ireland. Based in Dublin, the business has rapidly developed a strong and growing presence in the Irish broker-to-broker personal lines market since it was established in 2012. The combined group will employ over 230 staff across its offices in Dublin, Cork and
Cleeng, a video eCommerce provider, has completed its growth financing from Walvis Participaties and existing shareholders, which will be used to accelerate the company’s international growth.
This latest funding round will give the investors a minority stake in the company. Drake Star Partners acted as the exclusive financial advisor to Cleeng on this transaction.
Founded in 2011, Cleeng is the leading company for selling premium videos direct-to-consumer. Its fully managed Live PPV and SVOD solutions take care of all the steps from Identity and Access Management, e-commerce, and end-user support to security. The Company’s highly scalable platform has been
Deal flow for sub-USD1 billion private equity (PE) funds accelerated at the start of 2018 and set an all-time record for any first quarter, according to data analysed by top 100 US law firm Akerman.
Despite this year’s decrease experienced by the rest of middle market funds, data found in the second quarterly Akerman PErspectives Report indicates activity surrounding sub-USD1 billion funds continued to show positive divergence from peers of larger size and scope.
Compared to 2017, exit value and volume for these sub-USD1 billion buyout vehicles for the first quarter of 2018 also were up and stable, in
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
