Allocations
By Gaurav Marwah, Technical Director, and Hugh Stacey, Executive Director, Investor Solutions, Augentius – Sustained top performance means continued evolution and change. Technology became ever more accessible in the 1990s when personal computers began appearing in every home. But if you’re a tech-savvy person today, you’re not using a dial-up connection on a desktop computer. Everyone knows you can’t be successful today using 1990s technology.
Similarly, private equity players can no longer use a 1990s-era rulebook to structure funds. The world is a more complex place than it was two decades ago. There’s a different playbook now, and LPs and
LDC-backed contact centre technology and services group Connect Managed Services (Connect) has today completed the acquisition of PC-1 for an undisclosed sum.
Connect provides round-the-clock availability and pain-free transformation of business-critical contact centre and UC (unified communications) environments for global clients from financial services firms such as Barclays to household names including Tesco.
Mid-market private equity investor LDC previously backed the multi-million pound management buyout of Connect in April 2014. The acquisition of PC-1 forms part of Connect’s strategy to broaden its practice areas of expertise with market leading technologies, expand its reach and build scale in its chosen
The Greater Manchester Loan Fund (GMLF) has invested GBP440,000 in School Lettings Solutions (SLS), an outsourced lettings management service that hires out school and college facilities to local community clubs and organisations.
The funding package will support SLS’s continued expansion into new schools across the UK, enable the business to meet the demand of its sales pipeline and develop a proprietary facilities booking system. The investment will safeguard around 55 jobs with an anticipated additional 10-20 roles to be created over the next two years.
Founded in 2012 by directors Scott Warrington and Paul Andrews, SLS manages the process
Mid Europa Partners (Mid Europa), a private equity investor in Central and South Eastern Europe, has listed its portfolio company, Waberer’s International (Waberer’s) through an initial public offering (IPO) on the Budapest Stock Exchange.
Waberer’s shares will start trading on 6 July 2017.
Waberer’s IPO values the Company’s equity at nearly EUR300 million and is the largest on the Budapest Stock Exchange since 1998. The stock will be included in the BUX, Hungary’s top index, and will be its 5th largest constituent.
Through the Offering, the Company will raise EUR50 million of new capital, which will be used
Cipio Partners, a leading European secondary direct and growth capital investment firm, has closed its latest fund, Cipio Partners Fund VII SICAR, with EUR174 million in commitments.
The successful fundraise is a step up from the firm’s previous fund generation which closed at EUR137 million.
Commitments came from a combination of institutional and family office investors across Europe and the US. Largest institutional investors include the European Investment Fund, UBS Asset Management and Austria’s Capital Bank – GRAWE Gruppe AG.
Diana Meyel, Managing Partner, says: “The increased fund size and strong backing by leading institutional investors marks a
Mid-market private equity firm Bowmark Capital is backing the merger of Aston Scott with Lark Group to create one of the UK’s top 20 independent commercial insurance brokers and employee benefits practices.
The transaction is subject to approval by the Financial Conduct Authority.
On a combined basis, the merged group will have around 600 staff placing more than GBP250 million worth of gross written premium from 18 offices across the UK.
Bowmark originally backed the management buy-out of Aston Scott in May 2015, supporting the company in pursuing a buy-and-build strategy to take advantage of the highly fragmented
KKR is to acquire a majority stake in Australian hospitality and leisure group Dixon Hospitality Limited.
Dixon Hospitality is one of the largest and fastest-growing food and beverage-focused operators in the Australian hospitality industry. The Company has a strategy of acquiring well-run venues and function spaces with a focus on providing patrons with an exceptional experience and unique atmosphere. Today, Dixon Hospitality operates a portfolio of more than 40 high-quality venues located across Australia. The majority of venues operate as a standalone pub, bar or restaurant with their own defined brand, service proposition and target clientele. Across the Dixon Hospitality
Leading mid-market private equity firm LDC has exited its investment in The Creative Engagement Group (TCEG) in a strategic trade sale to Huntsworth, an international healthcare and public relations communications group. The deal is at an enterprise value of GBP25 million.
TCEG is a group of three creative agencies – WRG, The Moment and Just Communicate – that provide experiential marketing, including events, digital marketing, virtual and augmented reality. The group serves an international client base of blue chip companies and has significant expertise in the healthcare sector, along with professional services, banking, leisure and tourism.
LDC originally invested
The Russia-China Investment Fund (RCIF) – established by the Russian Direct Investment Fund and China Investment Corporation – has made an investment in Zhaogang, the largest e-commerce steel distribution platform in China.
Founded in 2012, Zhaogang is a digital B2B platform that brings together steel producers and consumers in China. It accounts for more than 40 per cent of the online market for steel products trading in China. Zhaogang also offers a wide range of value-add services: from logistics to financial services and legal transactional support.
Kirill Dmitriev, CEO of RDIF and co-CEO of RCIF, says: “The Chinese steel
Private equity firm Thoma Brava has closed a strategic growth investment in Riskonnect, a provider of Integrated Risk Management technology solutions.
As part of the agreement, Riskonnect’s three founders will retain a significant minority stake in the business. Financial details have not been disclosed.
Riskonnect’s Integrated Risk Management solutions give companies a holistic view of the various risk factors they face, along with mitigants, costs and impact for those risks. Through a unified, highly configurable set of modules, the company provides the tools and business intelligence needed to reduce losses, control risk, manage key stakeholder relationships and increase shareholder value.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
