Allocations
Stellex Capital Management (Stellex), a middle-market private equity firm, has made a new platform investment in plumbing services platform Peltram Plumbing Holdings (P3).
Stellex acquired P3 in partnership with the existing management team from an investor group led by Crescendo Capital Partners (Crescendo). The terms of the transaction have not been disclosed.
In addition to partnering with the existing local management teams, Stellex has recruited Terry Young, former Senior Vice President of Comfort Systems USA, and Chad Lusco, former Senior Vice President of KBS and Empire Services, to drive P3’s next chapter of growth.
Rotunda Capital Partners (Rotunda), an operationally focused, lower middle-market private equity investment firm, has sold MacQueen Equipment (MacQueen), a distributor of environmental and emergency equipment solutions.
Established in 1961 and headquartered in St Paul, Minnesota, MacQueen is one-stop shop provider of critical environmental, infrastructure and emergency equipment, aftermarket parts and service and safety products and accessories to municipalities, fire departments and commercial customers.
Since partnering with Rotunda in late 2018, the Company has achieved transformational growth. Through seven acquisitions and strategic operational investments, the Company has tripled in size to become a super-regional distributor with 15 locations in 12 states.
Electra.aero (Electra), a developer of hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft, has secured a Series A investment from Lockheed Martin Ventures (LMV), the venture capital arm of Lockheed Martin Corporation.
The funding will support Electra’s plans to begin flight testing a full-scale hybrid eSTOL technology demonstrator aircraft later this year.
Lockheed Martin Ventures has invested in Electra’s Series A funding round to support flight testing Electra’s hybrid-electric eSTOL aircraft full-scale technology demonstrator in 2022.
Private equity firm Liberty Strategic Capital is to invest USD150 million in Satellogic in connection with its merger with CF Acquisition Corp V (CFV), a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald, which will see Satellogic become a publicly traded company.
Satellogic specialises in high-resolution imagery of the Earth’s surface obtained through a constellation of low earth orbit satellites.
CFV was formed as a “blank check” company in January 2020 and completed an IPO in February 2021 at a price of USD10 per unit. In July 2021, CFV and Satellogic announced plans to merge at an implied enterprise
Dream Games, a Turkey-based studio behind the hit mobile game Royal Match, has become one of the most valuable private mobile gaming companies in the world after raising USD255 million from investors at a USD2.75 billion valuation – representing a doubling of the company’s value in six months.
The Series C – the company’s third venture round in the past year – was led by Index Ventures, which has supported Dream Games since Series A. Makers Fund, funds and accounts managed by BlackRock, IVP, Kora and Balderton Capital also participated in the round. The amount raised brings the total amount
Clockwise, a ‘Time Orchestration’ platform that helps teams free up their workdays, has raised USD45 million in a Series C funding round led by Coatue.
Atlassian Ventures and existing investors Accel, Greylock Partners, and Bain Capital Ventures also participated in the round which brings the company’s total funding raised to date to USD76 million.
Clockwise will use this investment to advance its AI technology and bring this new way of working to more people worldwide. The company is also growing its team to support this mission, with more than 25 open positions and another 100 openings planned in 2022. Placing
The Riverside Company has invested in Transplant Connect (TC), whose iTransplantSM software platform facilitates the donation, transplantation and research of human biologics (including organs, tissues, corneas and birth tissue).
TC is an add-on investment to Riverside’s platform InVita Healthcare Technologies (InVita), which delivers supply chain software solutions to complex medical environments.
Riverside has invested in more than 360 platform and add-on companies in these sectors and possesses a team of industry experts who understand how to grow healthcare companies around the globe. TC is InVita’s third add-on, following Champion Healthcare Technologies in May 2019 and STACS DNA in May 2021.
Appcues has raised USD32.1 million in an oversubscribed Series B funding round led by NewSpring.
The funding will be used to accelerate the company’s rapid product innovation and scale its operations globally.
Columbia Partners also participated in the round, along with existing investors Sierra Ventures and Accomplice. This fundraising brings Appcues’ total funding to USD47.9 million to date.
FLX Distribution – a Resource and Asset Management Platform (RAMP) for asset and wealth managers that provides modular-based front office solutions with on-demand resources, services, and investments – has partnered with Oasis, a Paychex company, focused on offering Professional Employer Organisation (PEO) solutions to its members.
Solving familiar HR challenges including high costs, limited options, complexities, and time-consuming personnel management, FLX is now delivering quality, efficient, and cost-effective solutions through this FLX-sponsored PEO.
Oasis is one of the leading Professional Employer Organisations (PEO) in the US, providing Human Resource Administration, Employee Benefits, Healthcare Reform (ACA), Payroll Administration and Risk
Hastings Equity Partners (Hastings) portfolio company, MKD Electric (MKD), a full-service industrial automation and electrical service platform, has invested in XSTele.com (XS Telecom).
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
