Allocations
MadDog Ventures has held the closing of its first venture capital fund, Mad Dog Venture Fund I with capital commitments of USD26.675 million, exceeding its target of USD25 million.
MadDog Ventures is a venture capital firm that invests in companies that develop and market cloud-based business applications that disrupt existing industry models and help monetise underutilised information.
“We believe that the successful application of technology to solve compelling problems in new ways is the key that unlocks unprecedented value while also benefitting the world as a whole,” says Peter Karmanos, Jr, General Partner and Fund Manager. “We look to
PNC Bank has closed a USD33 million of senior secured credit facility for Motley Services (Motley), a portfolio company of Irving, Texas-based District 5 Investments.
Headquartered in Odessa, TX, Motley will use the funds for capital expenditures and ongoing working capital needs. PNC Bank served as administrative agent. Treasury management products and services also were included in this transaction.
Founded in 2010 by CEO Marco Davis, Motley is an oilfield service company that provides well completion and intervention services in the Permian Basin region of Texas and New Mexico. Motley offers coiled tubing, wireline, pumping, thru tubing and nitrogen
Mid-market private equity investor LDC has backed the GBP22.5 million management buyout (MBO) of Precision Micro Limited, a European-based photo-chemical etching company, from global aerospace, defence and energy group Meggitt PLC.
As part of the deal, LDC, the private equity arm of Lloyds Banking Group, has invested GBP13 million of equity for a significant stake in the company, supporting a management team led by current Managing Director Ian McMurray.
Operating from its state-of-the-art processing plant in Erdington, Birmingham, UK, Precision Micro manufactures more than 50 million high-precision metal components each year for major global manufacturing customers across multiple markets.
Private equity firm IK Investment Partners’ (IK) IK Small Cap II Fund, together with management and company founders, is to acquire Bahr Modultechnik, a manufacturer of modular positioning systems.
Financial terms of the transaction, which is subject to regulatory approval, have not been disclosed.
Founded in 1990 by the brothers Frank and Dirk Bahr, Bahr Modultechnik focuses on delivering individual solutions based on a sophisticated portfolio of customisable and technologically leading products. Accurate and robust positioning systems are required in a wide variety of industries from mechanical engineering to medical technology. The Company’s unique linear positioning systems are sold
Affiliates of AEA Investors and British Columbia Investment Management Corporation (BCI) are to acquire Springs Window Fashions (Springs), a portfolio company of Golden Gate Capital.
Springs’ management team, led by CEO Eric Jungbluth, will continue to lead the Company after the closing of the transaction.
Headquartered in Middleton, Wisconsin, Springs manufactures and sells custom and stock window coverings and drapery hardware to retail and commercial customers, as well as independent designers, franchisors and decorators. Established in 1939, Springs has since grown through a combination of strategic acquisitions and organic investment.
Golden Gate Capital partnered with Springs in 2013
Culture Trip, a fast-growing startup providing cultural and travel inspiration to users looking to explore the world, has secured USD80 million in Series B funding round.
Led by PPF Group, the round is being used to aggressively propel the business forward across all areas, including an immediate bolstering of its executive team with key hires joining from leading tech companies, and a product redesign launching today.
Off the back of the raise, Culture Trip will also use the funds to significantly expand its engineering and creative workforce around the world to fuel innovation, drive further audience growth and roll
Chelverton Asset Management Limited (Chelverton), a specialist investor in sub-FTSE 100 quoted equities and unquoted SMEs, has completed its first realisation of 2018 on behalf of its Investor Club.
Crawley-based Tufwell Glass Limited (Tufwell) has been sold to Brownhills Investments Limited – the holding company for Midlands-based Brownhills Glass and North East-based Peterlee Glass – for an undisclosed sum. Launched in 2013, Tufwell became the Chelverton Investor Club’s first acquisition in 2014.
Tufwell has grown consistently under the Investor Club ownership and the leadership of Managing Director, Andrew Maslin. Brownhills was a minority shareholder alongside Chelverton at the time
Global investment manager AMP Capital has agreed to acquire 49 per cent of London Luton Airport from Ardian on behalf of investors in its Global Infrastructure Equity strategy.
London Luton Airport (London Luton) is the fifth-largest UK airport, serving 15.8 million passengers in 2017, and the fastest-growing airport in the high-demand London market.
The airport is operated under a concession agreement with Luton Borough Council. The remaining 51 per cent of the concession is owned by Spanish airports operator Aena SME, SA (Aena).
London Luton is undergoing a transformational investment plan, on track for completion this year, which
Verdane Capital IX has closed the acquisition of a three-company portfolio from Germany-based Bauer Media Group.
The acquired portfolio consists of the three companies: navabi, CareerFoundry and Kyto, with Verdane Capital IX having taken over all of Bauer Media Group’s shares in the companies. Verdane Capital IX, a well-known investor in the fast-growing software and e-commerce space, will work actively to continue the three companies’ profitable growth and further expansion into new markets.
“We continue to see major opportunities in a maturing German market to employ our expertise and experience of working in the Nordic ecosystem. This acquisition is
DOB Equity, a leading Dutch family-backed impact investor, has completed its first investment in Rwanda, in grain trading company Sarura Commodities.
DOB Equity’s investment means the company is now present in all five East African countries.
Sarura Commodities links smallholder farmers to reliable input and service providers to increase grain quality and farmer productivity. It also supports farmers by providing training on post-harvest management.
DOB Equity’s investment will allow Sarura to strengthen its storage infrastructure, support its sourcing platform and scale up its operations in Rwanda’s niche premium grain market.
Since its establishment in 2012, Sarura Commodities
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
