Allocations
New data shows that, once biases are eliminated, European venture capital has consistently matched the performance of US funds over the past 20 years.
European venture capital funds are often compared unfavourably to their US peers, but the latest analysis from eFront shows that this consensus has been reached through a biased analysis of data, and European VC funds have matched the performance of US funds over the past 20 years.
According to eFront’s data, the all-time pooled IRR US venture funds is nearly 10 percentage points higher than for European ones at 14.35 per cent versus 4.95 per
Global law firm K&L Gates LLP represented Patricia Industries, a part of Investor AB, on the USD903 million acquisition of a majority stake in healthcare product specialty distributor Sarnova Holdings from Water Street Healthcare Partners and Sarnova founder Matthew D Walter.
The acquisition, which closed on 4 April, consisted of Patricia Industries injecting USD513 million in equity financing for an 86 per cent ownership of Sarnova. The remainder of the enterprise value has been financed by external debt and equity participation from Water Street Healthcare Partners, Matthew D Walter, and Sarnova’s management group and board of directors.
New York
Quinag Acquisition (FDI) Limited, a company backed by funds advised by Apax Partners, is to acquire a controlling stake in Healthium MedTech Private Limited (Healthium), an independent medical devices player in India.
The controlling stake was acquired from existing shareholders including TPG Growth, CX Partners, and founding shareholders. Financial terms of the transaction, which is subject regulatory approval, are not being disclosed.
Founded in 1992, Healthium manufactures and sells a broad range of medical devices and consumable products including wound closure products, minimally invasive products including endo surgery and arthroscopy consumables, and urology products. The Company’s key brands include
By George Ralph, RFA – As many firms in the alternative investment sector, and certainly many of our clients, look for new ways to improve investment strategies and drive efficiencies in their businesses, against a backdrop of strict regulations and compliance requirements, investment in technology and innovation continues to rise.
Whilst automation of workflows and business processes are not new concepts, the introduction of robotic process automation (RPA) is fairly new and is gathering rapid pace in the media.
RPA utilises software bots to automate routine and repetitive tasks to increase business productivity, challenging how businesses operate. It sounds incredibly
The EQT Mid Market Europe Fund (EQT Mid Market) today announced that it is partnering with co-founders Josef Wildgruber and Uwe Behr to invest in BBS Automation.
BBS Automation is a provider of flexible and high-quality automation solutions for complex manufacturing and testing processes. The company develops, builds and installs high-quality automated systems for a wide range of industries and requirements. With more than 600 employees across production sites in Germany, China, Malaysia and the US, BBS Automation partners with blue chip customers on a global scale.
EQT Mid Market intends to leverage its long-term experience in the Industrial
Tikehau Capital has acquired a stake in Filiassur to support the company’s expansion and growth in Europe. Tikehau is investing EUR30 million in the firm, a leading French direct distributor of personal insurance.
Filiassur was founded in 2007. Following a period of rapid growth in France driven by its expertise in designing and marketing innovative niche insurance solutions, it now has 300,000 policyholders. Filiassur operates in a market with a large untapped potential: ageing populations and the progressive roll-back of social security systems mean that demand for tailored personal insurance solutions now far outstrips supply.
Tikehau Capital’s investment will
ACA Compliance Group (ACA) is to acquire Cordium, a provider of governance, risk and compliance (GRC) services. The financial terms of the transaction, which is expected to close this summer, subject to regulatory approvals, have not been disclosed.
The complementary strengths of both firms will ensure that clients will have access to the highest calibre regulatory consultancy services and technology – and will serve as the springboard for further product innovation and global expansion. The acquisition also will expand ACA’s services in Europe to include Cordium’s regulatory hosting platform, Mirabella, and a post-Brexit EU office.
Robert L Stype, CEO
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
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
