Allocations
Velocity Fund Partners has acquired the Philadelphia clinical contract research organisation (CRO) Indipharm and is relaunching the CRO as InClinica. Financial terms of the deal have not been disclosed.
Velocity Fund Partners targets promising life sciences opportunities and believes InClinica is well-positioned for growth.
“InClinica’s existing global footprint and experience in early drug and device development and clinical trials, combined with Velocity’s unique experience and contacts in both healthcare and life sciences, will enable InClinica to provide companies with significant value in all clinical phases,” says Ken Melani, Managing Partner of Velocity Fund Partners and Chairman of InClinica.
InClinica
Sizmek, an open ad management company that delivers omnichannel campaigns, is to be acquired by affiliates of Vector Capital, a technology-focused private equity firm, for USD3.90 per share in an all-cash tender offer.
Vector Capital, founded in 1997, is a San Francisco-based private equity firm that partners with management teams to transform and grow technology businesses. Over its history, Vector has invested USD1.6 billion in more than 40 technology companies, including in the advertising technology space.
“We believe this transaction provides Sizmek with the resources and flexibility to execute upon our long term strategy of becoming the leading independent, global
Start-up Townsquared, an online community designed to help small businesses connect and share resources with each other, has secured an USD11.05 million round of Series B funding.
This brings the total amount of funding the company has received to USD16.4 million. The latest funding round is led by top-tier international venture capital firm Sierra Ventures and Intuit, the leading provider of business and financial management solutions for small businesses. Additional investors include Jocelyn Goldfein, former Engineering Director at Facebook and former VP of Engineering at VMware, and Pravin Madhani, Angel Investor.
Townsquared has been able to establish a strong national
PNC Bank has closed senior secured credit facilities totalling USD48 million for two new clients: Wellnext, a Florida-based family of brands that delivers research-backed nutritional supplements, and Elite One Source Nutrisciences, a Montana-based manufacturer of supplements for branded marketing companies.
The financing package for Wellnext, a portfolio company of WM Partners, included a USD30 million senior secured revolving loan and treasury management services. Based in Sunrise, Florida, Wellnext is a family of brands that delivers research-backed nutritional supplements for every consumer life stage.
PNC provided an USD18 million senior secured financing package for Elite One Source Nutrisciences, Inc., a portfolio
Global Fashion Group SA (GFG), has concluded a financing round worth EUR330 million. During the process, Noerr advised its longstanding client Rocket Internet SE, which is the anchor shareholder of GFG.
Due to high demand by investors, the minimum commitment was raised by EUR30 million from the original EUR300 million. Rocket is investing EUR68 million in total. This includes the conversion of an investment from a prior financing round. GFG’s largest shareholder Kinnevik also took part in the financing round, along with others. GFG is valued at EUR1 billion following the transaction.
Rocket again relied on a Noerr team led
Monroe Capital has increased its credit facility to OSG Billing Services (OSG) to support the acquisitions of ClickSpark (ClickSpark) and The Garfield Group (Garfield).
Based in Rochester, New York, ClickSpark is a performance-based internet marketing company that specialises in lead generation and technology. Garfield, based outside of Philadelphia, Pennsylvania, provides marketing and advertising agency services including branding, marketing and public relations strategy and execution, with a particular emphasis on digital strategy. OSG is a leading provider of outsourced billing and statement services and customer communication management.
The acquisition of ClickSpark and Garfield will further expand OSG’s digital marketing platform, branding, strategy
IK Investment Partners’ IK VIII Fund is to acquire Ellab A/S (Ellab), a manufacturer of thermal validation solutions, primarily used for validation for food and pharmaceutical industries, from a group of private investors. Financial terms of the transaction have not been disclosed.
Founded in 1949, Ellab is a leading global supplier of solutions for measuring, recording, monitoring and validating critical parameters of thermal processing, selling its products in over 65 countries across the globe. The Company offers a wide product range of high-precision systems for temperature, pressure and humidity monitoring and validation based on either data loggers or thermocouple based
ECI Partners (ECI) and Livingbridge have sold their investment in Reed & Mackay to Inflexion generating a multiple of 3.4x cost to investors.
Reed & Mackay is a premium corporate travel management company delivering a personalised service through cutting edge technology. Its strategic travel management services focus on law firms, insurance companies, finance houses and the Energy Sector. More recently it has opened offices in Scotland, the US and the UAE. Reed & Mackay also provides an industry leading Event Management service. In the year to March 2016 Reed & Mackay handled nearly 600,000 client travel transactions.
Since ECI invested
Private equity firm Arlington Capital Partners has successfully closed its latest fund, Arlington Capital Partners IV, with total capital commitments of USD700 million, the Fund’s hard cap, and in excess of its target of USD575 million.
The fundraise, which was significantly oversubscribed, successfully reached its final closing three months of its launch.
Fund IV received capital commitments from a globally diverse group of investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations. The Fund will continue Arlington’s strategy of targeting high-growth government-related sectors including aerospace and defense, government services and technology, healthcare, and business
An affiliate of private equity firm HIG Capital has completed an investment in the owner of the Buonvento shopping centre in Italy. The shopping centre comprises approximately 20,000 square meters and tenants include leading international and national retailers.
The asset, located in Benevento, is the leading shopping centre in its catchment area.
The transaction represents HIG’s 29th real estate investment in Europe since the start of 2013. HIG continues to add to its sizeable portfolio of Real Estate assets in Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small/midcap
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
