Allocations
Private equity firm Angeles Equity Partners has acquired, through an affiliated entity, a controlling interest in ERP Power, an LED driver business based in Moorpark, CA. Financial terms of the transaction have not been disclosed.
Angeles Equity Partners is partnering with ERP management to realise the company’s full growth potential and drive consolidation in the sector. The deal leverages the Angeles Equity Partners team’s previous power electronics sector investment experience and operational transformation expertise.
“ERP is recognised by the market as a leading provider of LED drivers that are enabling the evolution from analog to digital in the lighting industry.
NewAlpha Asset Management’s French venture capital fund dedicated to Fintech companies has made it’s second investment in ITrust, allowing the cyber security software solutions specialist to raise EUR2 million.
Boosted by the growing confidence of users and regulatory authorities, the development of digital technology in financial services is accelerating with the proliferation of innovations introduced by Fintech start-ups. As such, cyber security has become one of the prerequisites for the development of these new financial services and, moreover, for the sustainability of all players in the financial industry: banks, insurance companies, and payment or electronic banking players.
Created in
IK Investment Partners’ (IK) IK VII Fund, together with existing management, is to acquire NeTel Group AB, a Nordic infranet service provider to telecom operators, utilities and municipalities, from Axcel.
Financial terms of the transaction, which is subject to legal and regulatory approvals, have not been disclosed.
Founded in 2000 as a subsidiary of PEAB, a Swedish construction and civil engineering company, Netel has grown to become a leading Nordic service provider for communication and electrical networks, offering services ranging from planning and project management to design and maintenance. With its turnkey solutions, project management expertise and strong focus on
UK BBQ chain Porky’s BBQ has already raised over GBP100k via Crowdcube.com after launching on 1 June. With five restaurants in London and another two openings planned this year, investors have given the raise an initial boost as they look to reach a total of GBP650k before 30 June.
The largest investment on the first day, giving the restaurant over 13.5 per cent of the final goal, came in at GBP88k. Other backers have been boosting figures with smaller pledges, and all of those involved are set to benefit from equity and prize incentives if the campaign succeeds.
Owners, Simon
Valesco Industries has held the successful first close of its second fund, Valesco Fund II at USD59 million. VFII is managed by Dallas-based Valesco, and is the successor fund to Valesco Commerce Street Capital, a private equity fund created by Valesco and Commerce Street Capital (CSC).
Fund II is seeking total equity commitments of USD150 million. By utilizing the Small Business Investment Company debenture program of US Small Business Administration (“SBA”), Fund II is targeting USD250 million in aggregate investment capital.
VFII was formed for the purpose of raising capital for a private investment fund licensed under the Small Business
QGenda, a provider of cloud-based automated physician scheduling solutions, has announced a substantial investment from Francisco Partners, a global technology-focused private equity firm.
The funding will support the next phase of QGenda’s growth in partnership with the company’s current leadership team.
“We’re excited to benefit from the resources and expertise offered by this investment from Francisco Partners,” says Greg Benoit, founder and CEO of QGenda. “Our primary focus will remain on providing unmatched service to our customers as we continue to strengthen and enhance our solutions.”
Nearly one hundred thousand healthcare providers in over thirty medical specialties utilise QGenda’s software
Private equity firm OpenGate Capital is to acquire Umicore Zinc Chemicals (UZC), a specialist in the production of zinc chemicals. The acquisition is expected to be complete in the second half of 2016. Terms of the transaction have not been disclosed.
UZC has industrial operations in Belgium, the Netherlands, Norway, China and Malaysia. The business comprises six legal entities organised across three product lines: fine zinc powders, zinc oxide and zinc for batteries. UZC products are sold to customers around the world for use in a variety of end-applications including anti-corrosion paints, tires, pharma/chemicals, ceramics and glass, sunscreen and other
LSP (Life Sciences Partners), the European life sciences investment group, has held the final closing of its new life sciences fund, LSP 5. The fund surpassed its USD170 million target and reached the ‘hard cap’ of USD280 million, making LSP 5 one of the largest life sciences funds in Europe.
Commenting on the announcement, Dr René Kuijten, Managing Partner at LSP, says: “The basis of this fundraising success is reflective of our strong financial performance as well as meeting the challenges of life sciences investing. This has been recognised by not only large and loyal institutional investors, but also by
Thoma Bravo, a private equity firm with a focus on application and infrastructure software and technology enabled services, is to acquire Qlik, a specialist in visual analytics software and provider of solutions for self-service data visualization and guided analytics.
Under the terms of the all-cash transaction, which values Qlik at approximately USD3.0 billion and was unanimously approved by Qlik's board of directors, Qlik shareholders will receive USD30.50 in cash for each share of Qlik common stock they hold. This price represents a premium of 40 per cent to the Company's unaffected 10 day average stock price prior to 3 March,
Private equity firm TA Associates has completed the acquisition of Frank Russell Company’s asset management business (Russell Investments) from London Stock Exchange Group (LSEG) in a transaction valued at USD1,150 million.
Reverence Capital Partners, a financial services-focused investment firm, partnered with TA Associates and has made a significant minority investment in Russell Investments. Russell Investments’ management invested alongside TA Associates and Reverence Capital to acquire a meaningful equity stake. The transaction closed on 1 June.
Russell Investments is a global investment manager, with an 80-year heritage of delivering innovative solutions, strong investment results and high quality client service to institutional
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
