Allocations
In the US alone there are more than 200,000 middle market companies with revenues between USD10 million and USD1 billion. If one narrows that range to USD50 million to USD1 billion in revenue, there are 32,000 businesses, with around 15 times as many private businesses to public businesses.
That’s a pretty big engine of economic growth and one that Brightstar Capital Partners is training its investing and operating talents on to seek out good US businesses with a clear growth trajectory.
“Our strategy has always been about how to be more than a capital provider to middle market, closely held
Leading global investment firm KKR is to take a larger stake in Cherwell Software through its Next Generation Technology Fund, which focuses on investments in software, security, Internet, digital media, and information services.
This latest investment of USD172 million will be in addition to KKR’s initial USD50 million investment made in Cherwell in February 2017.
Cherwell offers software that has enabled thousands of organisations to modernise their business operations by automating services digitally. After establishing itself as a leader in the IT Service Management (ITSM) space, Cherwell is poised to expand into the service management market, which is estimated
The Duncan & Todd Group, a Scottish optical provider, has acquired Peebles-based Dempster Opticians as part of its national rollout of optician and hearing care services.
The deal, which follows a GBP15 million investment from private equity firm LDC at the end of March 2018, will strengthen Duncan & Todd’s presence in the Central Belt. It will also enable it to roll out its new audiology service, ensuring local communities have access to high-quality hearing care throughout Scotland.
Located in Peebles for more than 40 years, Dempster Opticians is a well-established optometrists with a loyal patient base. This is the first acquisition of Duncan
Zilingo has raised USD54 million in a Series C funding round taking total funding raised by the company to USD82 million. The round was led by Sofina, Burda Principal Investments and Sequoia Capital India. Amadeus Capital too joins as a new investor.
All existing investors participated in the round including American billionaire Tim Draper, SIG, Venturra, Beenext, Manik Arora along with others. This round comes close on the heels of Zilingo’s USD17 million Series B raised 5 months ago.
Founded by Ankiti Bose and Dhruv Kapoor in October 2015, Zilingo was built to connect a highly fragmented landscape of fashion
Funds advised by Triton have successfully completed the acquisition of Chevron Traffic Management (Chevron TM), a UK-based Work Zone Safety Services provider. The company has been acquired from Portchester Equity Limited, a UK private equity firm for an undisclosed sum.
Following the acquisitions of Ramudden in Sweden and AVS in Germany, in December 2017 and January 2018, Chevron TM is Triton’s third acquisition within the broader European market for Work Zone Safety Services.
“We want to support the management and employees of this business by investing in and supporting the growth and development of the company. We will contribute
Palm Beach Capital Fund IV, through one of its investment entities, has invested in Mears Transportation (Mears).
Financial terms of the deal, which saw Palm Beach Capital partner with TriArtisan Capital Advisors, have not been disclosed.
Mears Transportation is a ‘full service’ transportation company with primary operations serving Central Florida residents and tourist destinations, owning and operating nearly 1200 vehicles including 251 motor coaches, 620 taxicabs, 260 luxury vehicles and 52 shuttle vans. In addition to serving Orlando International Airport as the primary shuttle concessionaire and largest taxi provider, Mears also operates numerous bus and shuttle services for central
Strategic Partners Fund Solutions (Strategic Partners), Blackstone’s (NYSE:BX) dedicated secondary and fund solutions business, has held the final closing at the hard cap of USD1.75 billion for Strategic Partners Real Assets II (S PRA II), its second global infrastructure-focused secondary fund.
SP RA II’s global investor base is comprised of sovereign wealth funds, pension funds, financial institutions, endowments, foundations and family offices. SP RA II began investing in May 2017 and has already closed or partially closed 14 transactions.
Stephen Can, Senior Manager Director and Co-Head of Strategic Partners, says: “We are deeply thankful for our investors’ continued support
Oak North-backed Inception Group is to embark on its biggest expansion to date, doubling the size of its ‘Around The World in 80 Days’-inspired Mr Fogg’s Collection of bars, with the opening of three more premises.
Mr Fogg’s House of Botanicals will open in Fitzrovia this June, followed by Mrs Fogg’s, which is inspired by Aouda, wife of intrepid explorer Phileas Fogg in the Jules Verne’s classic adventure novel. Opening in Broadgate Circle in September, Mrs Fogg’s will be the company’s first foray into the City. The trio of new bars will be completed by the opening of Mr Fogg’s Society
Lincolnshire Management has sold Amports, a leading North American port terminal operator, to a group of investors led by InstarAGF Asset Management.
Amports controls portside acreage at many of the top roll-on, roll-off ports across the United States and Mexico, including in the San Francisco Bay Area, Baltimore, Jacksonville and Altamira, Mexico. Terms of the private sale were not disclosed.
Based in Jacksonville, Florida, Amports provides customers with seamless logistical and portside services in vehicle processing, including rail loading and unloading, inspection, storage, accessory installations, and customisations, repairs and regulatory homologation services. Throughout its 60-year history, the company has
Private equity firm HIG Capital (HIG) has closed the sale of HelpSystems Holdings (HelpSystems) to HGGC.
Founded in 1982 and headquartered in Eden Prairie, MN, HelpSystems is a leading provider of systems and network management, business intelligence, and security and compliance solutions. The Company delivers IT infrastructure software for IBM i, Unix, Linux, and Windows environments to over 13,000 customers worldwide. Customers come from virtually every industry and range in size from small and midsize businesses to Fortune 500 organisations.
In October 2015, HIG acquired HelpSystems through a private transaction. “HelpSystems is a terrific organisation with exceptional leadership. Chris
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
