Allocations
Specialist mortgage business, Enra Group, has acquired master broker Vantage Finance.
Enra, an Exponent Private Equity portfolio company, has purchased the master broking business from management and existing private equity backer, Chiltern Capital, as part of the Group’s growth strategy. Vantage will sit alongside existing master broker Enterprise Finance in the Enra portfolio, to strengthen the Group’s position in specialist mortgage broking.
The Vantage operation will continue to service existing broker and client relationships at their current location, in the same way, with the existing team, name, and core values. At the same time, the business will benefit from
Inflexion Private Equity’s portfolio company Ocorian, a financial services firm, has acquired Capco Trust, a Jersey-based private client and corporate services business.
The deal will expand Ocorian’s service capabilities and client base, as well as the scope of its service offering to include expertise in international shipping finance. In turn, Capco’s clients will now benefit from an enhanced range of specialist financial services across a much wider range of international jurisdictions.
The deal is the third for Ocorian in the last 6 months, having announced the acquisitions of MAS in July 2017 and Intruad/Intruma in October 2017. Each acquisition
Silversmith Capital Partners (Silversmith) has held the first and final closing of its second fund, Silversmith Capital Partners II (Fund II) at its target and hard cap of USD670 million of commitments. The fund was significantly oversubscribed.
Consistent with the strategy of its predecessor fund, Fund II will focus on growth companies in two core industry verticals: Software-as-a-Service & Information Services; and Healthcare Information Technology & Services.
Silversmith received strong support from its existing investor base of leading endowments, foundations, fund of funds, and pension funds, while also adding a small number of new investors. In addition, more than
Mediware Information Systems, a portfolio company of TPG Capital, has acquired MEDTranDirect, a specialist in software solutions for healthcare revenue cycle management and an approved network service vendor for Medicare.
The transaction complements the revenue cycle management and Medicare claims capabilities in Mediware’s leading home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow.
“At Mediware, we are transforming and empowering data-driven decision-making across the continuum of care to help providers determine the most cost-effective paths to improving patient outcomes,” says Bill Miller, CEO of Mediware. “With
Equistone Partners Europe has completed the sale of Concept Life Sciences to London Stock Exchange-listed productivity-enhancing instrumentation and controls company Spectris (LSE: SXS) for GBP163 million.
Concept Life Sciences provides integrated drug discovery, development, analytical testing and environmental consulting services to an international customer base mainly in the pharmaceutical, biotechnology, agrochemical and environmental sectors.
The Manchester-headquartered company was initially formed in July 2014 with backing from mid-market private equity firm Equistone Partners Europe. The investment provided the business with a platform to make acquisitions and develop into a world leading contract research and testing organisation focused on delivering scientific
Sentinel Capital Partners has held the simultaneous first and final closings of Sentinel Capital Partners VI at USD2.15 billion and Sentinel Junior Capital I at USD460 million. Total capital raised for the two new funds was USD2.6 billion.
“We are delighted by this fundraising outcome and grateful for the strong show of support from our existing investors and several new prominent investors,” says David S Lobel, founder and Managing Partner of Sentinel. “We are also very pleased to launch our inaugural junior capital fund, which will serve the financing needs of our lower middle market companies.”
Sentinel will continue the same
Lower middle-marker private equity firm Rotunda Capital Partners has invested USD20 million into StreetShares, a provider of small business loans and government contract financing for businesses owned by members of the military and veterans’ community.
The investment provides growth capital for StreetShares and establishes Rotunda Capital as the Company’s largest investor.
“StreetShares has built a differentiated financial services platform by combining a military-affinity focus, cutting-edge credit application and adjudication technology, and an experienced and dedicated team,” says John Fruehwirth, Managing Partner at Rotunda. “We are pleased to help StreetShares continue to dramatically improve access to credit for veteran-owned small
Noerr has advised private equity funds advised by Orlando Management AG on the sale of the Oetinger Aluminium Group to a financial investor, with a team led by private equity partner Georg Schneider.
Oetinger was acquired by MTC OE GmbH, which is held by Metal Trade Comax, a Czech company specialising in coated sheet metal.
Oetinger is a leading supplier of aluminium casting alloys whose workforce of 300 produces around 180,000 tonnes of alloys a year at its plants in Weißenhorn and Neu-Ulm. The company is a key supplier to the automotive industry. The SSVP III funds acquired the
Waterland Private Equity has sold its stake in PREMIUM Group to Clarion Events.
PREMIUM Group is a German organiser of trade fairs, conferences and events in and around the fashion sector. The group’s formats include a number of fashion trade fairs, such as PREMIUM, SEEK, BRIGHT and Show & Order. Anita Tillmann will remain in her position as CEO and Managing Partner of the PREMIUM Group.
“We are delighted that, with Clarion Events, we have found a new strategic owner from the trade fair world that will continue to drive the growth of PREMIUM Group. We would like to
The Nexxus Iberia Private Equity Fund I has successfully completed its first closing with EUR130 million of capital commitments, out of a target size of EUR200 million.
The first closing of the Fund was reached with both recurring investors of Nexxus and new Limited Partners, reflecting the confidence in the solid experience of Nexxus Iberia’s dedicated team in Spain, the robust track record of both Nexxus Iberia team and Nexxus previous Funds, and the unique Latin American angle brought by the partnership with Nexxus. The Limited Partners of the Fund at the first closing include institutional investors, as well as
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm