Allocations
Elaghmore Partners, a UK-focused private equity firm, has acquired Priden Engineering Limited (Priden) for an undisclosed multi-million-pound sum.
Based in Wisbech, Cambridgeshire, Priden delivers bespoke engineering solutions to leading companies in a host of sectors including Pneumatic Vehicles, Commercial Bodies, Truck and Bus, Food Industrial Engineering as well as providing financial services for customers of its truck and trailer division.
Founded in 1988, Priden Engineering provides among other things a complete range of aluminium and stainless-steel products for commercial vehicles, stainless steel systems for the food industry such as individual machines and full production lines and is the chief
Bain Capital Private Equity has acquired World Wide Packaging, a provider of cosmetic packaging components, plastic tubes, and formulation/filling technologies.
The firm has agreed to purchase a Chinese cosmetics packaging manufacturer and plans to merge the two companies to form a fully integrated solutions provider. Bringing together World Wide Packaging’s strong design capabilities, rich library and fast turnaround times, with reliable manufacturing capabilities in China, the combined entity will be well-placed to provide innovative solutions to beauty brands in the US and beyond.
Established in 1980, World Wide Packaging provides the cosmetics and personal care industries with a complete range
Innova Capital, a private equity fund in Central and Eastern Europe, has confirmed the first close of its Innova/6 fund at EUR194 million, thereby significantly exceeding the minimum target of EUR150 million.
At the same time, within twelve months up to the first close, Innova has achieved as much as 60 per cent of the hard cap set out at EUR 325 million.
Over 60 per cent of the committed capital came from LPs in the company’s prior funds, with remaining commitments provided by new investors. Half of the capital raised came from commercial investors, while the other half from
Equistone Partners Europe Limited (Equistone), one of Europe’s leading mid-market private equity investors, sees a strong pipeline of robust mid-market companies in France, Germany, Switzerland and the UK in need of capital to support their growth.
In a market environment with over USD1 trillion in dry powder, seeking out attractively valued companies whose book prices have not been overinflated by market sentiment, is a tall order. But Europe’s middle market remains vibrant, with PE managers like Equistone scanning the universe to pick out potential star investments.
And it appears as though investors have full confidence in the asset class. Just
ITC Secure (ITC), an assured IT, cyber advisory and managed security service provider (MSSP), has acquired SBD Advisors (SBD), a Washington DC-based strategic advisory firm.
ITC is a portfolio company of C5 Capital, an investment group focused on cyber security, cloud computing and artificial intelligence.
The purchase of SBD represents the next step in the ongoing expansion of ITC’s advisory practice and follows ITC’s acquisition of the G3 Cyber Consulting team in January 2018. SBD, which focuses on identifying and connecting private sector innovation to meet national security challenges, brings top Washington D.C.-based business, political risk and strategic communications
Following an approval by regulatory authorities, ARX Equity Partners (ARX) has exited its investment in Czech producer of specialised electrical motors VUES Brno (VUES) via a EUR53 million sale to Moog Inc.
ARX’s investment in VUES generated an overall 11.8-times cash-on-cash return multiple and an IRR of over 30 per cent.
ARX acquired a majority shareholding in VUES from retiring managers in 2006, with the intention to leverage the company’s inherent technical strengths and capabilities in order to grow and further internationalise the business. Over the past eight years VUES expanded its profit margins considerably, while simultaneously doubling sales
Anvil International (Anvil), a North American manufacturer and supplier of products that connect, hang and support piping systems, has acquired the assets of FlexHead Industries and SprinkFLEX from Atkore International Group Inc.
Anvil is a portfolio company of middle market private equity firm One Equity Partners (OEP).
Financial terms of the transaction have not been disclosed.
Headquartered in Holliston, Massachusetts, FlexHead Industries and SprinkFLEX manufacture adjustable steel hoses, brackets and fittings for fire safety systems used in commercial buildings, hospitals, schools, government buildings and other facilities. Both companies will retain their existing brand names under Anvil’s ownership.
“FlexHead
Insider has launched its Growth Management Platform (GMP), which raised USD11 million in a Series B investment round led by Sequoia.
Primarily, GMP helps marketers create more intelligent interactions with their customers through exposing them to the most relevant content on their preferred channels, delivering fuss-free experiences. The platform offers digital marketers a full suite of features across the entire growth funnel, from Acquisition to Activation, Retention and Revenue. Powered by deep AI and Machine Learning capabilities, the Insider platform delivers real-time insights and personalisation across web, mobile web, mobile app and ad channels.
The main cost for startups,
Renovus Capital Partners, a private equity firm focused on education, training and human capital sectors, has sold its controlling interests in TPC Training (TPC) and Jade Learning (Jade) to Frontenac, a Chicago-based private equity firm.
Headquartered outside Chicago, IL, TPC Training is the leader in maintenance, repair, and operator training solutions that enable businesses to develop a more efficient, capable and safe workforce. Sister company Jade Learning is a provider of continuing education training, serving the electrical code, electrical safety and security alarm segments.
Renovus first invested in TPC in 2014 by sourcing and financing its transformative acquisition of American
Five Point Energy, a private equity firm focused exclusively on investments within the midstream and energy infrastructure sector, has closed Five Point Energy Fund II at its hard cap of USD750 million.
The fund was oversubscribed, exceeding its original target of USD650 million.
In deploying the Fund, Five Point will continue to leverage its direct operating approach to actively support management teams, midstream companies and E&Ps in building world-class midstream businesses. Five Point is uniquely equipped to add value as a strategic partner given the deep industry experience of its team. Led by David Capobianco, CEO and Managing Partner, and Matthew Morrow,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
