Allocations
Medtronic, a specialist in healthcare technology, is to acquire Affera, Inc, a Boston area-based, privately held medical technology company.
Affera designs and manufactures cardiac mapping and navigation systems and catheter-based cardiac ablation technologies, including a differentiated, focal pulsed field ablation solution, for the treatment of patients with cardiac arrhythmias (irregular heartbeats) such as atrial fibrillation (AF). Medtronic, through its minority investment portfolio, has been a strategic investor in Affera and currently holds a 3 per cent ownership stake in the company.
The acquisition expands the Medtronic portfolio of advanced cardiac ablation products and accessories to meet physician needs within a
Repeats Group is to build a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene (LDPE) with a EUR100 million equity commitment from Ara Partners, a global private equity firm that specialises in industrial decarbonisation investments.
Repeats utilises a best-in-class mechanical process to transform post-commercial plastic waste into high-quality resin suitable for commercial and industrial applications. The company is scaling LDPE recycling capacity throughout Europe to address the shortage of supply compared to the growing demand required to meet industry sustainability and net zero targets, increasing consumer preferences for low-carbon products and stricter regulatory requirements around decarbonisation.
Operations
The Lending Pool managed by Maven 11 on the capital marketplace Maple Finance has reached a volume of USD175 million.
Launched in July 2021, the Lending Pool has issued 35 loans to premier institutional borrowers in the crypto industry, such as Alameda Research, a quantitative trading firm, GSR, a crypto market maker, and digital asset platform Amber Group.
Maple Finance is a decentralised corporate debt marketplace built to create a sustainable yield source for long-term focused lenders to earn a competitive return on their assets. The capital on Maple Finance’s platform sits in Lending Pools, each managed by a Pool
Waterland Private Equity (Waterland) has acquired RUF|Betten and BRUNO, a supplier of premium beds in the German market, from NORD Holding.
RUF and BRUNO’s current management will remain with the companies in their usual function.
The transaction is expected to be completed in the first quarter of 2022 and is subject to the usual antitrust approval by the German regulatory authorities. No further financial details have been released.
The annual turnover of the group amounts to EUR60 million. With the support of the new owner and buy-&-build investor Waterland, the group intends to continue its successful growth trajectory and further
An affiliate of Enterprise Products Partners has acquired Navitas Midstream Partners (Navotas) for USD3.25 billion in an all-cash deal.
Navitas is a portfolio company of funds managed by Warburg Pincus LLC, a leading global growth investor.
Founders R Bruce Northcutt, Bryan Neskora and Jim Wade previously built Copano Energy, LLC into a substantial enterprise at scale before its sale to Kinder Morgan.
Jefferies LLC served as financial advisor to Navitas in connection with the transaction, and Kirkland & Ellis served as legal advisor.
This transaction is expected to be completed in the first quarter of 2022, subject to customary regulatory
Bregal Partners (Bregal) has made a new platform investment in Juniper Landscaping (Juniper), a provider of landscaping services to commercial clients throughout the state of Florida.
Headquartered in Fort Myers, FL, Juniper has been family-owned and operated since its founding in 2001. Under CEO Brandon Duke’s leadership, the Company has expanded its presence across Florida through a client-centric approach focused on both organic and acquisition growth. Juniper currently operates a network of 15 local branches serving more than 1,500 properties. Juniper’s clients include home-owners’ associations, commercial clients and municipalities throughout southern and central Florida. Through its new partnership with Bregal,
MMC Ventures, a UK Series A investor, has promoted three individuals to its senior leadership team, and added a partner, following a record year in 2021 – during which MMC’s portfolio companies raised more than USD1 billion in funding.
Two sport and exercise scientists who established an app to improve employee wellbeing and performance have raised GBP800,000 from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, to fund the next stage of growth.
ECI Partners has completed the successful sale of Travel Chapter, a platform for high-quality self-catering holiday rentals, to the management team, supported by investment from ICG.
Spouting Rock Asset Management (Spouting Rock), a multi-boutique manager platform providing investment solutions and services, is to merge with Old Hill Partners Inc (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses.
A newly formed subsidiary of Spouting Rock, Spouting Rock Alternative Credit, LLC (SR Alternative Credit), will house the Old Hill asset-based lending business and serve as the investment advisor to Old Hill’s existing funds and other investment vehicles.
The new subsidiary will be operated by former Old Hill employees, Jeff Haas and Peter Faigl as president and chief investment officer, respectively.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
