Allocations
Stonehenge Growth Capital has made an investment in PosiGen that will enable the solar company to expand operations in Connecticut and provide clean energy technology to hundreds of low- to moderate-income Connecticut households.
Stonehenge Growth Capital, a subsidiary of Stonehenge Capital Company, made the USD5 million investment through the Invest CT program. Solar panels installed by PosiGen have already reduced the energy cost burden faced by over 10,000 families across four states, including Connecticut, New York, Louisiana and Florida. Stonehenge’s investment will allow PosiGen to provide an additional 750 rooftop solar panel systems to further reduce Connecticut households’ energy costs.
Sverica Capital Management (Sverica) has acquired a majority interest in Women’s Health USA (WHUSA). The investment is Sverica’s fourth investment from Fund IV.
Based in Avon, Connecticut, WHUSA is a national physician practice management organisation focused on women’s health, including OBGYN and In Vitro Fertilisation. WHUSA provides physician practices with a full suite of practice management solutions including revenue cycle management, payor contracting, EMR & technology management, financial & accounting, risk management, and others. WHUSA’s unique model creates true partnerships, which allow affiliate physician groups to retain their identity and autonomy while providing best-in-class operational management, capital for growth, and
Stonehenge Growth Capital has made an investment in PosiGen that will enable the solar company to expand operations in Connecticut and provide clean energy technology to hundreds of low- to moderate-income Connecticut households.
Stonehenge Growth Capital, a subsidiary of Stonehenge Capital Company, made the USD5 million investment through the Invest CT program. Solar panels installed by PosiGen have already reduced the energy cost burden faced by over 10,000 families across four states, including Connecticut, New York, Louisiana and Florida. Stonehenge’s investment will allow PosiGen to provide an additional 750 rooftop solar panel systems to further reduce Connecticut households’ energy costs.
EmergeVest, an international private investment firm, has completed the first inaugural exit from its debut fund, EmergeVest Fund LP.
In connection with the successful merger of its portfolio company, JD United Holdings Limited (JDU), with Taiwan-listed Roo Hsing Co, EmergeVest completely exited its investment in JDU, generating more than two-times invested capital and an IRR above 25. Consideration for the transaction is not being disclosed.
Headquartered in Changzhou, Jiangsu, China, JDU has 25 manufacturing facilities across Asia and Africa, producing apparel for leading international brands and retailers, such as Levi Strauss, Gap, Fast Retailing, Primark and C&A. The merger
Cloudreach, a company majority owned by Blackstone Tactical Opportunities, has acquired professional services firm Emerging Technology Advisors (ETA). Terms of the transaction have not been disclosed.
Cloudreach currently has significant presence in both Europe and North America and serves some of the world’s largest organisations including BP, Hearst Corporation and Volkswagen Financial Services. Following Cloudreach’s acquisition by Blackstone back in February, their joint ambition was to become the leading global software-enabled cloud services provider. Priorities were to invest in software-enablement, application development capabilities and geographic expansion. Last week’s merger with Cloudamize is followed by this acquisition of ETA, which is
One Equity Partners’ portfolio company, All Metro Health Care (All Metro), has completed the acquisition of Independence Healthcare Corp, a provider of non-medical home healthcare services. Terms of the private transaction have not been disclosed.
Headquartered in Worcester, Massachusetts, Independence’s caregiver employees provide a range of homecare services including meal preparation, assistance with personal care, companion care, and transportation to seniors. Independence has provided high quality care giving, improved quality of life and assistance services to an ageing population in Central Massachusetts since its founding in 2003.
“We are excited to welcome Independence to the All Metro family,” says
ArchOver has provided the first multi-channel peer-to-peer (P2P) business loan allowing TLM Technologies to borrow against current and outstanding invoices.
The loan uses two flagship funding models: Secured & Insured and Secured & Assigned. ArchOver launched this new joint model in February 2017, enabling high-growth companies to raise funds against their accounts receivable and contracted revenue.
In May 2017, an initial GBP1.1 million, split between two loans, was funded over the ArchOver platform. The first enabled TLM to exit their invoice discounting facility by providing GBP600,000 as a 12-month Secured & Insured loan secured against its accounts receivable. The
Middle-market private equity firm Wynnchurch Capital has completed the sale of Senco Holdings (Senco) to Kyocera Corporation (KYO), a supplier of cutting tools, industrial ceramics, electronic components, printers, copiers, solar power generating systems, mobile phones and semiconductor packages.
Headquartered in Cincinnati, Ohio, Senco is a designer, manufacturer and marketer of branded fastening tools and collated staples, nails and screws. For over 60 years, the Senco brand has been recognised around the world as one of the leading names in residential construction and industrial manufacturing. Wynnchurch acquired Senco in July of 2009.
Frank Hayes, Co-Managing Partner at Wynnchurch, says: “Senco
Private equity (PE) managers in the US posted their strongest annual returns since 2013 in 2016, while US venture capital (VC) funds performed worse last year than they have since 2008, according to the benchmark indexes of the two alternative asset classes from Cambridge Associates.
The Cambridge Associates LLC US Private Equity Index returned 4.5 per cent for the fourth quarter of 2016 and 12.9 per cent for the full year. The Cambridge Associates LLC US Venture Capital Index meanwhile, posted a return of -0.1 per cent during Q4 2016 and 0.3 per cent for the full year.
“Private
Palamon Capital Partners is to acquire Business School24, the education and training unit of Il Sole 24 ORE, Italy’s leading business newspaper.
Palamon will acquire 49 per cent of the Company at an enterprise valuation of EUR80 million with a call option to acquire an additional 2 per cent in May 2018. The sale agreement has arrangements in place for Palamon to acquire additional equity with Il Sole agreeing to retain a minimum 20 per cent strategic stake in the Company going forward.
Business School24 is a leading player in the tertiary education segment in Italy and provides professionally-oriented education and training. Established
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
