Allocations
GCA Altium has acted as exclusive financial adviser to TeamSport, the UK’s largest indoor go-karting operator, on its sale to Duke Street Capital.
Founded in 1992, TeamSport has grown into the UK’s largest operator of go-kart tracks and the second largest globally. In 2013, the company completed a GBP10 million management buyout led by Dominic Gaynor and backed by Connection Capital. Since the buyout, TeamSport has achieved impressive growth through a combination of like-for-like sales improvement, new site openings and enhanced performance from acquired tracks.
The company now operates 23 tracks across the UK, including five in London, and
Innova Capital, a Central European private equity fund, is to acquire a 75 per cent stake in Inelo and OCRK, a specialist in drivers’ work time management systems for the transportation industry.
As a result of this transaction, the fund will also gain exposure to the attractive telematics space.
On 20 October 2017, funds managed by Innova Capital signed an agreement to purchase 75 per cent of shares in Inelo and OCRK. The founders of Inelo and OCRK, Jakub Gieruszczak and Mirosław Stocerz respectively, will partially roll-over their holdings into minority shareholders. This has been the eleventh “Founder Succession”
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TRP Construction Group (TRP) by private equity sponsor MSouth Equity Partners.
Based in Ft Worth, Texas, TRP is a leading provider of thermoplastic striping, painting and markers, rumble strips and traffic control services, including: delineation devices, warning signs and maintenance and consulting services. The majority of the company’s revenue is derived directly or indirectly from the Texas Department of Transportation and local municipalities.
TRP serves its customer base via two strategically located facilities in Ft.
Ridgemont Equity Partners, a middle market private equity firm, has closed an investment in Service Management Group (SMG), a global customer experience management technology platform based in Kansas City. Financial terms of the transaction have not been disclosed.
Founded by Andy Fromm and Bill Fromm in 1991, SMG provides customer experience, employee engagement and brand research software solutions and services to clients in the restaurant, retail, grocery, convenience, travel and entertainment, professional services and healthcare industries. The company collects consumer feedback data via more than 200 million surveys annually across location, online, contact centre and social channels. Combining feedback and
The RMB fund market has grown rapidly in the last three years, in part due to increased market access for foreign funds. However, in an attempt to stem outward flows and promote international usage of the Yuan, China’s new capital controls are working to significantly accelerate growth.
The scale of this boom is quite remarkable; according to Preqin data, RMB denominated private equity activity has nearly doubled since 2015: 17 new funds were launched in 2016, raising a total of 77,804 million Yuan. Additionally, so far in 2017 a total of 36 new RMB funds have been launched raising 672,337
Calculus Capital has launched fundraising for the Calculus VCT, which aims to deliver investors an annual dividend of 4.5 per cent (equating to 6.1 per cent for investors who receive 30 per cent income tax relief) and capital growth.
The proceeds from the fundraising will be used to invest in new companies and to provide additional funding to existing portfolio companies.
The Calculus Capital VCT will invest alongside the Calculus Capital Enterprise Investment Scheme (EIS) fund, giving investors in both the VCT and EIS funds exposure to larger deals.
Calculus Capital has invested in UK SMEs for more
iAdvize, a specialist in conversational marketing, has secured EUR32 million of series C funding with participation from Idinvest Partners, Bpifrance via Large Venture, a fund dedicated to innovating and hyper-growth companies, and Quadrille Capital.
Founded in 2010 by Julien Hervouët, iAdvize is now the European leader in conversational marketing. iAdvize is used by more than 600 businesses across 60 different countries around the world, including major brands like Cdiscount, Disney, BMW, Michelin, House of Fraser, TUI, Interflora, Feelunique and Alfred Dunhill.
The iAdvize Conversational Marketing platform enables businesses to engage their customers and prospects who need advice and support
Capstone Automotive Group (Capstone), an affiliate of GPB Capital, has acquired a majority equity stake in Prime Motor Group (Prime), which operates more than 25 dealerships and related businesses in Massachusetts, Vermont, New Hampshire, and Maine.
The deal establishes Capstone’s presence in the New England market. The purchase is expected to generate synergies that can help GPB Capital continue to grow its automotive retail footprint, as well as streamline operations, finance inventory, and optimise business management at all of its dealerships.
The acquisition of Westwood, Massachusetts-based Prime Motor Group, which included the underlying real estate for its dealerships, was
Cloud computing specialist Bullhorn has partnered with Insight Venture Partners to provide the capital for the company’s next phase of growth.
As part of the transaction, Insight will be purchasing all shares owned by Vista Equity Partners. Insight is investing in Bullhorn because of the substantial market opportunity for staffing and recruiting as an industry, as well as Bullhorn’s reputation for delighting customers with its award-winning platform and organisational capacity around the globe. The investment will be used to further catalyse Bullhorn’s growth in a rapidly evolving industry, fuelled by new demands for the future of work. The entire management
Archean Capital Partners (Archean), a private market investment platform established by Veritable, and Moelis Asset Management, has made a USD100 million anchor capital commitment from Archean Capital Partners I, to a fund advised by Petrichor Healthcare Capital Management LP (Petrichor).
In addition to initial capital, Archean is providing operational support to Petrichor which is led by Tadd Wessel. Mr. Wessel has over 19 years of experience in healthcare finance.
“We are very pleased to have completed this investment for Archean’s first special purpose vehicle. Archean’s mandate is to create early access for our investors to high-quality managers. We believe
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
