Allocations
HarbourVest Partners has held the final close of its fourth co-investment fund at its hard cap of USD1.75 billion. HarbourVest Partners Co-Investment IV, which had an original target of USD1.0 billion and hard cap of USD1.5 billion, was oversubscribed.
The fund’s hard cap was raised from USD1.5 billion to USD1.75 billion during fundraising, with the support of limited partners.
“We’re excited by the confidence our clients have placed in us that resulted in such a successful fundraise,” says Peter Wilson, Managing Director and member of the Executive Management Committee, HarbourVest. “HarbourVest has been investing directly in companies since 1983
Inverness Graham has acquired SwipeClock, a provider of cloud-based integrated workforce management software solutions that include automated time and attendance and advanced scheduling.
The Company’s products, which include TimeWorksPlus, TimeSimplicity, and TimeWorksTouch Intelligent Clock, are sold through over 850 partners to more than 26,000 businesses.
“We are excited to partner with the talented team at SwipeClock,” says Trey Sykes, Managing Principal of Inverness Graham. “The Company is well positioned with a purpose built, channel ready product and go-to-market strategy focused exclusively on its channel partners, which have traditionally been comprised of independent payroll providers, professional employer organisations, banks,
Investcorp has agreed the sale of Esmalglass to global private equity firm Lone Star Fund X for an enterprise value of EUR605 million.
Established in 1978 in Villareal, Spain, Esmalglass is a producer of ceramic colours and glazes with total sales of circa EUR400m in 2016. Esmalglass supplies a wide range of products used in the manufacturing and decoration of ceramic tiles to circa 1,200 customers through its 21 sales offices worldwide supported by manufacturing and mixing plants in Spain, Brazil, Vietnam, Portugal, Italy, Russia, China, Indonesia, India and Mexico, as well as by large design and technical assistance teams
The Petainer Group has secures EUR10 million in growth funding investment from Next Wave Partners to support a substantial increase in customer demand for the company’s PetainerKeg – a plastic alternative to traditional steel beer kegs.
Commenting on the investment, Nigel Pritchard, Group Chief Executive of Petainer, says: “This funding comes at an exciting time in the development of our business and will support the continued growth of our specialist, sustainable and innovative packaging solutions for some of the world’s largest FMCG, brewery and wine brands to support their growth and Corporate Social Responsibility agendas. This growth investment will support
NRD Capital Management (NRD), an Atlanta-based private equity firmhas closed NRD Partners II (NRDP II) with total investor limited partner commitments of USD104.5 million secured over the past four months, exceeding the fund’s target of USD100 million.
NRD focuses on companies specialising in franchised and multi-location business models. With NRDP II, the firm will continue its strategy of investing in brands that offer superior products/services and compelling unit economics, and maximising their potential through the franchise business model. As NRD looks to invest NRDP II, it will continue to invest in domestic and international restaurant concepts, as well as new
Quark Software has been acquired by Parallax Capital Partners, LLC (Parallax), a Southern California-based software-focused private equity firm.
The new owners intend to help Quark accelerate the adoption of its transformational content automation solutions through investment in organic growth and acquisitions.
Recently selected as a Gartner Cool Vendor in Content Services and a 2017 SIIA CODiE Award finalist for Best Multi-Channel Publishing Platform, Quark has quickly emerged as a global leader in content automation. Quark’s content automation solutions enable organisations to deliver business-critical content to any format and any channel – mobile, print, Web, and more. At the same
Star Capital Partners (Star) has held the final close of Star Strategic Assets III (Star III) at EUR800 million. The Fund closed at its hard cap, following strong support from a diversified range of global investors in Europe, North America and Asia.
Star III is the latest vehicle raised by Star to continue investing in European strategic assets that provide an essential service to customers or users, and consistently generate stable, long term returns. The Fund is already actively deploying capital and has completed two investments to date.
Synergy LMS is a carve-out of the linen management services business
Arma Partners has acted as exclusive financial advisor to The Carlyle Group (NASDAQ: CG) on the sale of its portfolio company BTI Studios to Altor.
Founded in 1995, BTI Studios is a global localisation company providing dubbing, subtitling, access services and media solutions across multiple languages to a diverse international customer base. BTI Studios operates 21 facilities in 17 countries worldwide with a network of fully owned sites and local studios, handling more than 150,000 hours of dubbing, subtitling and access services for its customers annually. BTI Studios’ clients include broadcasters (e.g. BBC Worldwide and Discovery Networks), major film studios
Paul Hastings has advised CVC Credit Partners on the structuring and establishment of CVC Credit Partners Global CLO Management Limited, providing CVC Credit with risk retention capital for its global CLO business.
The investment entity, CVC Credit Partners Global CLO Management Limited, reached its final close in June at the very top end of its target of USD600 million.
CVC Credit Partners Global CLO Management Limited will have the exclusive right to take majority positions in CLO equity of CVC Credit Partners’ US and European CLOs with the intent to comply with both the US and European CLO risk
Foresight Group (Foresight) has successfully exited its investment in Blackstar Amplification Limited (Blackstar), a Northampton-based designer and manufacturer of innovative guitar amplifiers and effects pedals, following a management buyout.
The transaction generated a circa 2x return for Foresight.
Foresight originally invested GBP3.5 million in 2012 to provide growth capital and partially restructure the shareholder base in Blackstar. In addition, Foresight introduced Keith Pacey, former Executive Chairman and CEO of Maplin Electronics, to the Board as Chair.
Using Foresight’s investment, Blackstar has more than doubled turnover over the last four years, established itself as the #2 amplifier brand in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
