Allocations
Commonwealth Capital has launched the Commonwealth Capital Income Fund-I to provide investment capital exclusively for start-ups and early-stage companies.
The company also launched a new microsite at commonwealthcapital.fund to assist capital seekers. Entrepreneurs can sign up now and be matched with a no-cost, personal “funding concierge” who guides them through a standardised process for fund eligibility.
Users first engage in an online "proof of concept" stage to gain community support for their project, product or service. They then create a marketable deal structure for investors and an operating plan to attract a well-connected management team. After completing these stages, users potentially
A company backed by the Permira funds is to acquire the majority of P&I Personal & Informatik, a German full suite provider of HR software solutions, for an undisclosed sum.
The current owner HgCapital will continue to be invested as minority shareholder in the company.
Founded in 1968 and headquartered in Wiesbaden, P&I is a supplier of integrated HR software solutions for payroll, human capital management as well as HR cloud and outsourcing services. The company serves more than 15,000 customers, ranging from small and medium-sized private businesses (SMB) to public sector organisations of all size mainly in Germany,
Italmatch Chemicals, a chemical group specialising in the production and marketing of performance additives, has acquired Solvay’s Ionquest 290 and Octyl Phosphonic Acid product range.
They are active in the production and marketing of phosphorus-based process additives for the mining, metalworking fluids, corrosion inhibition and pigmentation industries.
The acquisition involves the Ionquest 290 and OPA-Rhodafac ASI product ranges, their respective patents, the know-how and the client portfolio of Solvay, a global chemical and advanced materials company based in Belgium.
The transaction falls into Italmatch Chemical’s growth strategy and follows the recent acquisition of Compass Chemical International, a North
Align Capital Partners has held the first and final close of its inaugural private equity investment fund, Align Capital Partners Fund I, and Align Capital Partners Fund I-A (collectively ACP I).
Align began fundraising in June 2016 with an initial target of USD250 million and closed at its hard cap of USD325 million.
“We are grateful for the tremendous demand for ACP I from an impressive investor base and appreciative of their support in the successful launch of Align Capital Partners,” says the firm’s co-founder Steve Dyke. “Our highly experienced team and focused investment strategy attracted a diverse group
Smart Communications has completed its spinoff from Thunderhead and has launched as an independent company led by its existing management team and backed by Accel-KKR, a technology-focused private equity firm.
As an independent company, Smart Communications will continue to define and lead the next generation of cloud-enabled customer communications management (CCM) by focusing on scaling its growth in new and existing markets, broadening its industry reach, and accelerating innovation and product development.
Smart Communications’ blue-chip customer base spans three continents and includes over 300 customers from a diverse range of industry sectors, including banking, insurance, healthcare, telecoms and retail,
Gide has advised iBionext on setting up the firm’s management company and on structuring its first venture capital fund, iBionext Growth Fund.
The fund specialises in the investment in and development of healthcare start-ups.
iBionext Growth Fund has announced a first closing of USD52.5 million, with a target of USD112 million for 2017.
The fund has drawn interest from international investors, insurance companies and family offices, alongside the Biotech & Healthcare Acceleration Fund (FABS) operated by Bpifrance in the context of the Investments for the Future Program (PIA) managed by General Commissariat for Investment.
Gide’s team comprised partner
Audax Private Equity, together with its co-investors and management, has completed the sale of Laborie Medical Technologies to Patricia Industries, a part of Investor AB.
Headquartered in Mississauga, Ontario, Laborie Medical Technologies is a provider of medical devices for urological, pelvic health, and gastrointestinal applications.
The company’s products are used in the diagnosis and treatment of urinary incontinence and other urological and GI conditions. Laborie supplies physician offices, hospitals, and mobile providers on six continents.
Since Audax’ initial investment in 2012, Laborie has completed 14 acquisitions to expand product lines and enter international markets.
Young Lee, managing
Twino Group, a consumer lender, has now issued over EUR300 million in issued loans.
The company, which has been operating since 2009, provides unsecured consumer loans for private individuals in 10 countries, including Poland, Russia and Georgia.
In May 2015, the company also launched a peer-to-peer lending platform, offering investors from across Europe an opportunity to earn premium returns by investing into consumer loans originated by Twino Group’s lending companies.
Fuelled by a BuyBack Guarantee, which protects investors from the borrower default risk, the platform has attracted over 4,000 investors from 30 countries, who have already funded EUR49.5
Direct to market venture firm Legion Capital has launched the Legion High Yield Mortgage Fund I, a USD25 million real estate mortgage fund to finance property acquisition, renovation and rent.
"The US real estate market is experiencing a sustained recovery, with home equity nearly doubled since 2011. However, banks are still not lending money to builders and developers – creating a huge void in the market for real estate finance,” says Jim Byrd, chairman and CEO of Legion Capital Corporation. "This creates a great opportunity for investors looking for secured income in the current volatile market environment."
The fund targets
Global retail marketing company TCC Global has acquired online retailing specialist Summit.
The deal, advised by Livingstone, sees TCC Global, which turned over EUR500 million in 2015, bring in Summit’s expertise in online retailing to enhance its digital engagement capabilities.
Summit, which turned over in excess of GBP47 million in the same year, will retain its established brand and existing senior management team, who have worked on the business for many years.
TCC Global was founded in 1991 by Richard Beattie, the group’s chairman. Today, TCC Global runs campaigns in more than 70 countries, operating from 34 offices
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
