Allocations
Black Mountain Systems, a developer of data and process management solutions for asset managers and financial institutions, has completed a majority recapitalisation, led by existing management and funds managed by Stone Point Capital.
By combining Black Mountain's highly customisable Everest platform with Stone Point's relationships and expertise in financial services, Black Mountain is well positioned to advance its mission of bringing growth and innovation to investment professionals. Additionally, this transaction will enable Black Mountain to hasten its pace of expansion and allow its management team to deploy additional resources for a broader roll-out of its product- and service-based solution offerings.
Private equity firm San Francisco Equity Partners (SFEP) has acquired a majority stake in beauty company Japonesque.
SFEP is partnering with current Japonesque owner Karen McKay, an industry leader in the beauty tools category, to capitalise on the extraordinary momentum in the business.
Japonesque is a company with a deep heritage of creating cutting edge beauty products inspired by the professional makeup tools used in Kabuki theatre in Japan. Japonesque’s product line includes makeup brushes, eyelash curlers, tweezers, makeup cases and other beauty accessories. The company has recently launched into color cosmetics with great receptivity from retail partners, consumers
Kinetics Energy Services has closed a private equity financing with Natural Gas Partners, through its affiliate, NGP Natural Resources XI (NGP).
Kinetics is focused on acquiring, integrating and growing North American energy services & equipment companies providing well completions and production enhancement.
Chaden Lassoued, Chief Executive Officer of Kinetics, previously spent two decades in key leadership roles with Schlumberger Limited, undertaking assignments in the Middle East, North America, Latin America, Europe, Africa and Asia. Most recently, Lassoued served as President of Well Intervention where he led more than 9,000 employees and had responsibility for approximately USD3 billion in global revenue.
idverde, a French provider of landscape construction and grounds maintenance services, has acquired The Landscape Group (TLG), a leading ‘green service’ provider in the UK.
idverde was advised on the transaction by Livingstone’s Business Services sector team.
idverde was created in February 2014 following the buy-out of the French landscape construction and grounds maintenance activities of international service group ISS, backed by Paris-based investor Chequers Capital. Chequers has supported idverde’s acquisition of TLG from London-based mid-market investor Elysian Capital, consolidating the group’s position as the first green services specialist operating in several European countries.
idverde is the largest landscape construction
GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners, is to acquire an 80.1% interest in Philips' combined LED components and Automotive lighting business, Limiteds.
Philips will retaining the remaining 19.9% interest. The transaction values the business at an enterprise value of approximately USD3.3 billion. The transaction is expected to be completed in the third quarter of 2015, subject to closing conditions, including customary regulatory approvals.
Following the transaction, the new company will continue under the name Lumileds, led by CEO Pierre-Yves Lesaicherre. Philips will remain an important customer of Lumileds and will continue the
Affiliates of Vector Capital have successfully completed the acquisition of Saba, a specialist in cloud-based intelligent talent management solutions.
Under the terms of the merger agreement adopted by Saba stockholders on 26 March, 2015, Saba stockholders will receive USD9.00 per share in cash, which equates to an enterprise value of approximately USD400 million.
“We are very pleased to announce the completion of the acquisition of Saba,” says David Fishman, Managing Director and Head of the Private Equity Team at Vector Capital. “We are excited to deliver value to Saba’s impressive customer base and further invest in the leading cloud talent
Private equity firm Permira has selected iLEVEL to manage its portfolio data.
Established in 1985, the Permira funds have made over 200 private equity investments internationally, with total committed capital of approx. EUR25 billion. The Permira funds invest primarily in consumer, financial services, healthcare, industrials, and technology sectors.
“Given the complex nature of our funds’ investments, we needed a system that was both flexible and easy to manage,” says Jörg Rockenhäuser, Partner at Permira. “iLEVEL will enable us to centralize data across a diverse portfolio and maintain high levels of confidence in the numbers we use internally to drive decision making
Macquarie Mexican Infrastructure Trust has agreed to make a follow-on investment in Mexico Tower Partners (MTP) to fund the acquisition of a significant portfolio of wireless and broadcast telecommunication sites in Mexico.
Scotiabank is the agent and bookrunner for the debt financing of the acquisition. Scotiabank Inverlat, SA Institucion be Banca Multiple, Grupo Financiero Scotiabank is the agent and bookrunner for the debt financing of the acquisition.
“We continue to believe the wireless tower industry in Mexico presents attractive opportunities for independent operators such as MTP and are pleased to announce this additional investment,” says Jonathan Davis Arzac, Chairman, MMIF.
GlassesUSA, the online retailer specialising in prescription eyewear, announced the closing of USD12.5 million in new financing led by Viola Private Equity, a member of the Viola Group.
The funding will further GlassesUSA's aggressive business growth and accelerate their expansion as a leading player in the growing global market of online eyewear, both B2C and B2B.
GlassesUSA was founded in 2009 by CEO Daniel Rothman, COO Eldad Rothman, and CTO Roy Yamner. Leveraging their vast experience in online branding, marketing and operations and backed by a team of 70 employees, GlassesUSA has built a global leading e-commerce company ranked for
Intesa Sanpaolo and GSO Capital Partners, the credit investment arm of Blackstone, are partnering to provide an alternative source of funding to Italian middle market businesses.
The partnership will significantly expand the availability of private debt capital in Italy, enabled by favourable recent changes in the Italian legal and regulatory framework.
The collaboration will have a focus on both existing corporate clients of Intesa Sanpaolo as well as the broader Italian middle market corporate universe. The private debt capital will be provided to sub-investment grade companies for a variety of purposes ranging from growth capital, acquisition financing, to opportunistic refinancings.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
