Allocations
Prestige has secured three new mandates from institutional investors outside the UK for its private lending credit funds. The mandates are the latest to be received from non-UK institutions that are allocating to the UK-based private lending specialist.
The investors are: a Swiss-based industrial corporate pension fund; a South Korean-based financial group; and a Spanish-based university endowment.
Despite last year’s Brexit referendum, Prestige continues to see a high level of institutional interest, including in some of the sterling based share classes of its credit funds. In addition, several dedicated share classes have been created for larger investors such as
SK Capital, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of Perrigo Company’s active pharmaceutical ingredients (API) business, which has been renamed from Perrigo API to Wavelength Pharmaceuticals (Wavelength).
Wavelength is a leading developer and manufacturer of generic APIs and finished dose forms (FDF) with primary operations located in Israel and supporting functions in the US and India. The Business supports a global, blue-chip customer base with a broad array of products that leverage its specialised manufacturing capabilities (including cytotoxic, steroid and high potency) and core competency in complex
German bank Donner & Reuschel has launched a new investment fund which is aiming to take advantage of the long-term growth trend in global sports and invest in media rights, private equity and real estate.
Few other business sectors have grown as fast in recent years as professional sports. In football, for example, both the value of the European professional clubs and the prices for broadcasting rights have increased by around 9 per cent pa since the turn of the millennium. Investors can now participate in this billion-euro business for the first time.
The newly launched sports fund invests
Cornwall Insight, a provider of research, analysis, consultancy and training services for the energy and water sectors has secured a minority investment from BGF, alongside a term loan facility from Barclays, to accelerate its growth plans.
Led by CEO Gareth Miller, the Norwich-headquartered company will use the funding for expansion into new, strategic sectors and geographies, and to drive further organic growth. The business has experienced a double digit increase in revenue in the past year, and employs more than 50 people.
With services across the energy market – including the retail, wholesale, network and water sectors- Cornwall Insight
Silverfleet Capital, a Pan-European private equity firm that specialises in buy-to-build, is to sell Competence Call Center (CCC), a business process outsourcing (BPO) service provider, to funds managed by Ardian.
The terms of the transaction, which is subject to regulatory approval, have not been disclosed.
Founded in Vienna, Austria in 1998 and headquartered in Berlin, CCC has grown to become the market leader in the DACH region, operating from 18 locations across eight countries and employing over 5,500 staff. The company provides outsourced customer care and BPO services in 28 languages, offering its clients a highly flexible combination of
Gen Cap America has partnered with existing management in its acquisition of The Bargain Barn, which operates as United Grocery Outlet and GO Grocery Outlet, and is one of the largest close-out grocery outlets in the eastern United States.
“We are extremely excited at the opportunity to partner with the top-notch management team at Bargain Barn,” says Gen Cap America Vice President Andrew Ginsberg. “We believe the company has a promising future ahead as they build on their long track record of providing value to customers and solutions to manufacturers.”
Founded in 1974, Bargain Barn operates 37 retail locations across
Francisco Partners has held the closing of Francisco Partners V (FP V), a USD3.975 billion fund that will continue the firm’s history of partnering with management teams and investing in companies across the technology ecosystem.
Francisco Partners closed its largest fund to date in less than six months through a significantly oversubscribed process. The firm has now raised over USD14 billion in committed capital since its inception 18 years ago.
Dipanjan “DJ” Deb, co-founder & CEO of Francisco Partners, says: “We appreciate the overwhelming support we received from our limited partners and are excited to welcome a select group of new
Inflexion Private Equity has backed the management buyout of PCMS Group, a provider of point-of-sale (POS) software for major retailers such as Walgreens, John Lewis and Arcadia Group.
PCMS offers an integrated unified commerce platform for retail selling points for in-store (POS, self-checkout, self-scan) or cloud-hosted environments (eCommerce, mobile). This software is paramount in the digital retail environment creating a seamless shopping experience for customers regardless of their location and facilitating ‘on-the-go’ retail transactions. The business has over 450 employees in the UK, US and Singapore with over 140 blue-chip customers in 55 countries.
PCMS has delivered reliability and
VeggieLand, a client of investment bank Tully & Holland, has been acquired by Nature’s Soy, a portfolio company of Chicago-based Keystone Capital.
VeggieLand, based in Parsippany New Jersey, was an independently owned, broadly known brand name in the meatless industry with brands such as Franklin Farms and Jens and Marie under its portfolio. The Company handles a broad mix of private label, food service and retail business. With its superior products, clean labels, healthy on-trend product line, diversified customer base and distribution channels, solid financial performance and additional growth potential, VeggieLand was an attractive candidate for several strategic and financial
Dallas based Surge Private Equity has completed its investment in Manhattan based Busy Bee Cleaning Corp, a commercial janitorial services provider, and sister companies Commercial Cleaning Services and Janitorial Cleaning Services.
The investment closed with debt financing provided by Harvest Capital Credit Corporation.
Busy Bee is a commercial janitorial services company boasting over: 1,000 customers, 200 employees, and a decade of high quality service to local and national businesses. Founders Greg and Fatima Wiszniewski will be staying on in their current capacities as CEO and COO. Both will retain equity in the business. Greg Wiszniewski will serve on the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
