Allocations
Ares Capital Corporation and Varagon Capital Partners have increased the investment capacity of their joint venture, the Senior Direct Lending Program (SDLP), to approximately USD6.4 billion from USD2.9 billion.
AIG (NYSE:AIG), an existing investor in SDLP, increased its capital available to the program by USD500 million to USD2.75 billion and another leading global insurance company newly made available USD2.0 billion. Ares Capital and Varagon have agreed to make available an incremental approximately USD1.0 billion on a pro rata basis based on their respective ownership of subordinated certificates in the SDLP.
During 2017, the SDLP made USD1.1 billion of new
Middle market private equity firm Bregal Partners has made a growth investment in Ju-Ju-Be International (Ju-Ju-Be), a lifestyle brand in the juvenile products industry and provider of premium nappy bags, backpacks, and accessories.
The investment was made in partnership with the Company’s founders, Joseph Croft and Kristin Hunziker, who remain significant shareholders in the business.
Bregal Partners’ Managing Partner, Charles Yoon, says: “We believe Ju-Ju-Be is well-positioned to capitalize on the trend towards higher quality, functional, and fashionable products that help parents on-the-go. Given Ju-Ju-Be’s reputation among its loyal and truly remarkable customer base, we believe there is an
Funds managed by Clayton, Dubilier & Rice are to acquire a 60 per cent ownership stake in American Greetings, a designer, manufacturer and distributor of greetings cards, as well as gift packaging, party goods, and stationery products.
The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40 per cent stake in the business. Terms of the transaction were not disclosed.
American Greetings has the number one position by volume in the USD6 billion North American greetings card market, with several iconic brands, including American Greetings, Papyrus, Recycled Paper Greetings, Gibson, and Carlton
Orion Resource Partners has completed the final closing of Orion Mine Finance Fund II with over USD2.1 billion in capital commitments.
Fund II is the successor fund to Orion Mine Finance Fund I and Orion Mine Finance Fund I-A and will continue Orion’s strategy of financing the construction of later-stage mine projects through a combination of debt, equity and production-linked investments (eg, royalties, streams and offtakes). Limited partners in Fund II include some of the world’s largest and most sophisticated investors, including leading sovereign wealth funds, public and private pension funds, endowments and foundations, fund of funds, and family offices.
Cybersecurity firm Perception Point has raised USD8 million in Series A funding round led by Pitango Venture Capital, along with State of Mind Ventures (SOMV) and Korea Investment Partners (KIP).
The company already offers an advanced email protection solution, and will use the funds to expand its global presence and product portfolio. Rami Kalish from Pitango will join Pinhas Buchris from SOMV on the Perception Point board of directors.
Founded in 2015 by Israeli cyber-intelligence experts, Perception Point has developed a platform blending the best of hardware and software capabilities to detect exploits before hackers are able to penetrate
Finnish fintech company Zervant, which provides online invoicing software for small business and entrepreneurs across Europe, has secured EUR6 million in a funding round led by Tesi, along with Northzone, NFT Ventures and Conor Venture Partners.
Headquartered in Espoo, Finland, Zervant offers simple, intuitive invoicing software. It’s already used by 20,000 business customers across seven countries, with 85 per cent of current growth coming from France, Germany and the UK.
The company plans to use the investment to grow the use of electronic invoicing among its core demographic – micro businesses. It will also look to introduce a range
Harris Williams & Co has advised Duke Street Private Equity (Duke Street) on its acquisition of A-ROSA. The transaction was led by Edward Arkus, Will Bain and Danielius Uznys of Harris Williams & Co.’s Consumer Group.
“A-ROSA is a leading river cruise business in Europe benefitting from strong brand recognition, a loyal customer base and favorable market trends,” says Edward Arkus, a managing director at Harris Williams & Co. “We are delighted to have advised Duke Street on this transaction, and with their backing, we look forward to seeing A-ROSA’s continued growth in the months and years ahead.”
Will
NorthEdge Capital has invested in stairlift designer and manufacturer Platinum Stairlifts, backing the existing management team led by Founder, Tim Frear.
Based in Keighley, West Yorkshire, Platinum Stairlifts manufactures a full suite of stairlift products. The company employs over 100 staff and distributes to more than 40 countries worldwide, including France, Germany, the Netherlands and USA, through its network of authorised dealers.
The business has achieved strong growth in recent years, with revenue increasing by over 20 per cent year-on-year since 2012. NorthEdge’s backing will allow the company to continue its new product development, enhance its proposition for distributors
Foresight Group (Foresight) has invested several million pounds of growth capital from Foresight VCT (FVCT) into PowerLinks Media Limited (PowerLinks).
The investment completes a larger Series A round of funding, with additional participation from leading angel investors and PowerLinks management.
PowerLinks is a software platform, which automates the buying and selling of personally relevant and user-friendly “native” advertising. PowerLinks is emerging as a leader in a new generation of advertising platforms, connecting advertisers and publishers in a data-rich marketplace, which processes over 6 billion auctions each day. Ads are bought and sold in real-time, based on precisely defined customer
An affiliate of Blue Wolf Capital Fund IV has acquired a majority stake in Petrosmith, a provider of production equipment and oilfield tubular goods (OCTG) to the domestic oil and gas industry. Terms of the transaction have not been disclosed.
Petrosmith manufactures a broad suite of tanks (including oilfield storage tanks and gun barrel tanks) and vessels (including heater treaters, separators and vapour recovery towers) used by large E&P companies primarily in the Permian Basin, Eagle Ford and Mid-Continent region. The Company also sells a variety of new and used OCTG and provides a wide array of OCTG refurbishment services.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
