Allocations
NorthEdge Capital (NorthEdge) has supported the MBO of Prohire, a specialist provider of commercial fleet management solutions, backing the existing management team led by Managing Director Dave Barlow.
Headquartered in Stoke-on-Trent with an additional office in Tunbridge Wells, Prohire delivers fully outsourced solutions to commercial operators incorporating vehicle specification, procurement, funding and fleet management, with a focus on compliance, minimising costs and maximising vehicle and driver efficiency. The business has delivered strong historic growth and completed the acquisition of Sunrent in December 2016 – increasing the scale of its fleet to around 3,500 units. This enabled Prohire to increase turnover
BuildingConnected, a provider of software for real estate owners and general contractors to facilitate selecting contractors for construction projects, has secured USD15 million in new funding from Brookfield Ventures, Brookfield Asset Management’s new venture fund.
This investment brings the company’s total funding to USD53 million.
“It is rare to have an investor also be a customer. We are excited to have Brookfield as a partner as we seek to expand our geographic footprint and develop new and innovative products for our expanding roster of customers,” says BuildingConnected CEO Dustin DeVan. “Brookfield understands BuildingConnected’s vision to connect every business involved
Kirkland & Ellis is advising Toys’R’Us on the sale of its stores in the DACH region to Irish-British toy retailer Smyths. The transaction volume was not disclosed.
In September 2017, the US toy retail chain Toys’R’Us filed for voluntary Chapter 11 bankruptcy protection. In March 2018, the company announced it would close stores in the United States and the United Kingdom and seek a buyer for its stores in Germany, Austria and Switzerland.
Toys’R’Us entered the German market in 1986 and is one of the largest toy retailers in the German-speaking countries.
Smyths Toys Superstores operates more than
Nonantum Capital Partners has closed its inaugural private equity fund at its hard cap of USD350 million in limited partner capital commitments, concluding a fundraising process that launched in January.
Formed by a group of experienced private equity and management executives as a spin-out from Charlesbank Capital Partners, Nonantum focuses primarily on investing in family businesses, corporate carve-outs, and complex situations where opportunities exist to partner with management teams to transform businesses.
Over nearly two decades, the team has successfully invested in dozens of family businesses and corporate carve-outs in the consumer, industrial, and business services sectors. Nonantum will
The Finnish credit information company Asiakastieto Group (Asiakastieto) listed on NASDAQ Helsinki, is to acquire UC AB (UC) in a deal worth EUR340 million.
Nordea owns 26.1 per cent of the shares in UC and will receive 2,303,315 shares in Asiakastieto, equivalent to 9.6 per cent of the shares in the company after completion of the transaction, and approximately EUR26 million in cash.
The transaction results in a capital gain amounting to approximatle EUR86 million for Nordea, expected to be recognised in the result in the second quarter of 2018, based on Asiakastieto’s share price as at 23 April
Sky9 Capital has completed the final closing of Sky9 Capital Fund III, with total capital commitments of USD200 million.
With support from a strong group of world-class institutional investors, family foundations and entrepreneurs, the fund invests mainly in China-based businesses with a focus on early-stage companies in the internet, enterprise, and deep technology sectors. Ron Cao, Founder & Managing Director, has over 18 years of extensive experience in venture capital and a track record of investing and growing successful China-based companies.
The Sky9 team includes an experienced group of technologists, entrepreneurs and investors who have participated previously in
Magnaghi Aerospace Group (MAG), a provider of landing gear systems and composite aerostructure components to helicopter and medium-sized aircraft platforms, has completed the acquisition of US-based Blair-HSM (Blair) with the support of Three Hills Capital Partners (THCP).
MAG was founded in 1936 as a provider of landing gears to the Italian air force, and has diversified significantly over time under current owner and CEO, Paolo Graziano. Today the group manufactures landing gears, hydraulic components and actuators to the rotary and fixed wing markets globally, composite aerostructure components, and Sky Arrow, a carbon fibre aircraft with multiple applications across law enforcement,
Vista Equity Partners, an investment firm focused on software, data and technology-enabled businesses, has invested in Allocate Software (Allocate), a provider of healthcare workforce management software.
The investment will support the company’s next phase of development product innovation and global expansion.
With over 800 customers and one million staff rostered daily, Allocate serves the largest public and private healthcare institutions around the world by supporting the operational and administrative needs of professionals across all healthcare settings. Allocate’s best-in-class solutions enable the delivery of safe and effective care at optimal cost by helping healthcare organisations have the right people in the right place at the
Warren Equity Partners, a lower middle market private equity fund, closed its acquisition of the solid waste subsidiaries of Meridian Waste Solutions (MRDN).
The acquired entities which comprise MRDN’s integrated, non-hazardous solid waste services business, primarily operating in Missouri and Virginia, will maintain and operate under the name Meridian Waste post-closing.
“Warren Equity has a successful track record of investing in infrastructure service companies,” says Steven Wacaster, Managing Partner at Warren Equity. “The acquisition represents an excellent opportunity for us to partner with management to build an industry-leading waste services platform through optimization of Meridian Waste’s existing assets, as well
Media intelligence specialist Meltwater has acquired Sysomos, a specialist in social analytics and engagement.
The addition of Sysomos to Meltwater enables organisations to analyse social media, news and other human-generated content in one platform.
“All the social analytics companies look at social data in isolation, limiting the insights for brands and businesses,” says Jorn Lyseggen, founder and CEO of Meltwater. “With our acquisition of Sysomos, we can bring together news and social media under one company, giving social data context while adding social engagement to our news and media monitoring offering.”
For the PR and communications teams who
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
