Allocations
Toronto-based Serruya Private Equity (SPE) has acquired high performance audio specialist Tivoli Audio to serve as its flagship consumer electronics brand.
SPE is a leading investment firm with a longstanding and successful history of enhancing brands. SPE's portfolio of consumer brands has over USD1.5 billion in system-wide revenues.
Michael Serruya, CEO of SPE and Chairman of Tivoli Audio, says: "We are thrilled to add Tivoli Audio to our family of premium consumer brands. Tivoli not only exemplifies the relevance of thoughtful design, but is as great sounding as it looks. We see the potential to build upon Tivoli Audio's position
The New Zealand Private Equity and Venture Capital Monitor, released today, recorded the highest value of mid-market deals (investment and divestment) in the twelve years of the Monitor and the highest number of deals since 2008.
The level of deals with disclosed values increased to NZD243.5m from NZD191.5m in 2013.
Total activity across all private equity and venture capital was NZD919.5m, down from $1.1b in 2013, mainly due to there being no large buy-outs. Total investment value was NZD299.3m spread across 81 deals, while total divestment was still high, but decreased slightly to NZD620.3m in 2014, down from NZD665.4m in
Private investment firm Centerbridge Partners has completed the acquisition of Great Wolf Resorts from funds managed by affiliates of Apollo Global Management. The acquisition was announced in March 2015.
"This marks an exciting new chapter for Great Wolf Resorts," says Kimberly K Schaefer, Chief Executive Officer of the Company. "All of us are very excited about partnering with Centerbridge and what this means for our next phase of growth, as well as the benefits it offers to our employees and our guests. Centerbridge's proven investment track record and access to capital will facilitate our continued expansion as a premier family
Vintage Italia, the maker of the Pasta Chips brand of pasta snacks, has received a new growth equity financing from Silas Capital, via private equity marketplace CircleUp.
The capital will be used to accelerate the growth of the Pasta Chips brand by expanding distribution, introducing new products and engaging with snackers everywhere.
Pasta Chips is the brainchild of Jerry Bello, a food lover and serial entrepreneur with influence, ownership and innovation behind a number of enormously popular snack food successes, including Sensible Portions, maker of Veggie Straws, which catapulted to USD100 million in annual sales in five years (acquired by
Private equity investor Advent International has submitted a binding offer to acquire Ammeraal Beltech, a specialist in light-weight process and conveyor belting, from Gamma Holding, a holding company owned by Gilde Buy Out Partners (Gilde) and Parcom Capital Management.
The terms of the offer have not been disclosed.
The relevant works councils of Ammeraal Beltech and other employee representative bodies will be consulted prior to formal agreement. Completion of the transaction is subject only to merger clearance and other customary conditions.
Headquartered in the Netherlands, Ammeraal Beltech manufactures, distributes and services conveyor belts for a diverse range of applications
The Wellcome Trust has acquired marina operator Premier Marinas Limited (PML) from the BlackRock UK Property Fund (“BlackRock”) for an undisclosed amount.
PML’s existing operations include:
• Over 5,000 wet and dry berths, and shore storage for over 2,000 boats, including fully serviced boatyard facilities.
• 300,000 square feet of rental property across its marinas, housing tenants operating a wide variety of businesses, such as boat sales and repair services, retailers and catering companies.
Established in 1994, PML owns and operates eight of the UK’s most prestigious marinas, which are located on the South Coast. The purchase of
Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications is to acquires AOL Inc for USD50 per share–- an estimated total value of approximately USD4.4 billion.
Verizon’s acquisition further drives its LTE wireless video and OTT (over-the-top video) strategy. The agreement will also support and connect to Verizon’s IoT (Internet of Things) platforms, creating a growth platform from wireless to IoT for consumers and businesses.
AOL is a leader in the digital content and advertising platforms space, and the combination of Verizon and AOL creates a scaled, mobile-first platform offering directly targeted at
Pomona Capital has launched the Pomona Investment Fund, distributed by Voya Investments Distributor. With a USD25,000 minimum subscription requirement and an investor friendly tax reporting structure, the fund is designed to give accredited investors easier access to private equity investing.
Pomona Investment Fund seeks to offer broad exposure to a portfolio of private equity investments managed by experienced general partners. The majority of its investments are planned for secondary interests in seasoned private equity funds, with a supplementary focus on primary and direct commitments. Similar to Pomona's institutional fund offerings, the fund's strategy seeks the long-term capital appreciation associated with
International Capital Flows, a report commissioned by the States of Guernsey and supported by Guernsey Finance, has analysed the economic benefits provided to the UK and Europe by the Guernsey funds market.
The majority of the inward investment is deployed into long-term tangible assets, including private equity, infrastructure and commercial property. All of these asset classes can provide economic and social benefits to the UK.
The report estimates that European investment managers earn GBP1.8bn of fees from managing Guernsey funds, of which GBP1.1bn is earned by those in the UK. UK investors, such as pension funds, also benefit from using
Mission Bay Capital, a seed-stage venture firm investing in life science companies emerging from the University of California and the San Francisco Bay Area ecosystem, has closed MBC Fund II at USD25 million.
MBC was created in August 2009 by QB3, a University of California research institute and accelerator.
"We help early-stage entrepreneurial scientists change the world," says Douglas Crawford, associate director of QB3 and managing partner of MBC. "Closing Fund II will enable us to continue providing the capital and support that our companies need to bring their innovative technologies to market."
Three MBC Fund I companies – Calithera,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
