Allocations
An affiliate of Sun European Partners has acquired the Invensys appliance division from its parent company Schneider Electric, a specialist in energy management based in France.
Upon completion of the transaction, Invensys Appliance will become the Robertshaw Controls Company.
Robertshaw is a design, engineering and manufacturing company that sells a range of critical components and control systems used to regulate all major functions of white good appliances such as cooking, refrigeration, laundry and dishwashing machines, in both the residential and commercial sectors. Its products include electromechanical and electronic controls supplied under the Robertshaw and Ranco brand names to international
Lysanda, a telematics technology provider for fleet and insurance markets, has acquired Tracker Network (UK), a stolen vehicle recovery provider and a wholly owned subsidiary of Direct Line Group.
The combined companies intend to establish Tantalum Corporation, with approximately GBP20m in revenues and some 500,000 telematics installations throughout Europe.
The deal will combine Lysanda’s B2B customer base alongside Tracker’s long-standing B2C sales reach.
The acquisition has been funded by the existing Lysanda investors, including the Sustainable Technology Fund, Rockhopper Investments and Disruptive Capital Finance.
Cédriane de Boucaud, non-executive director at Lysanda, says: “Lysanda has been at the
BaltCap has reached the first close on its latest fund, BaltCap Private Equity Fund II (BPEF II), at EUR50.6m and has subscribed commitments of EUR63m from investors already.
BPEF II, which has a target of EUR100m, has achieved support from limited partners including the European Investment Fund (EIF) investing through Baltic Innovation Fund (a fund-of-fund initiative between EIF and the governments of Estonia, Latvia and Lithuania), the European Bank for Reconstruction & Development (EBRD) and Baltic pension funds managed by Swedbank Investment Funds, LHV Asset Management and Danske Capital.
BPEF II will continue the strategy employed by BaltCap Private
Aurora Resurgence, an affiliate of private equity firm Aurora Capital Group, has completed the acquisition of Paris-based Arc International Cookware from the Arc International Group.
The deal includes Arc International Cookware’s subsidiaries Arc International Cookware Spain & Portugal, Arc International Cookware Srl and Arc International Cookware Ltd.
The company will be re-named International Cookware as part of the corporate carve-out, effective immediately. Financial terms of the transaction have not been disclosed.
International Cookware, which operates as an autonomous subsidiary, specialises in the design, manufacture and distribution of multi-material cookware products. It holds the exclusive license for the distribution of
Lazard Asset Management (LAM) is expanding in the Middle East with a Dubai office.
The firm has hired senior professionals, who will provide investment solutions to clients in the Middle East.
Farah Foustok will serve as a managing director of LAM and senior executive officer of LAM’s new Dubai office.
Fadi Al Said, director and portfolio manager/analyst at LAM, will lead a five-person investment team that will manage MENA and frontier markets equity strategies for local and global clients.
"We have significant client relationships in the Middle East that have been established over many years, and this
A fund managed by Ashmore Colombia has acquired an 85 per cent interest in Compañía de Desarollo Aeropuerto Eldorado (Codad), the concessionaire of the two runways at El Dorado Airport in Bogotá.
The runways have been acquired from Abertis Infraestructuras for a total consideration of COP132bn (approximately USD66m).
Codad was incorporated in 1995 to execute the concession contract for the construction of the second runway at El Dorado Airport and to perform maintenance on both of El Dorado’s runways. El Dorado is Colombia’s largest airport carrying the third highest number of passengers in Latin America, with 22.5 million passengers
Elysian Capital I has acquired, in conjunction with the company’s management, Wellbeing Software Group, an IT group focused on the provision of software solutions and services to hospitals throughout the UK.
The group is formed of three distinct business units, HSS, EuroKing and Apollo, of which HSS is the largest.
HSS, based in Mansfield, supplies radiology software (RIS) into secondary care (hospital trusts). The software is at the core of the radiology department, holding patient information; appointment scheduling; radiology history (e.g. MRI, X Ray or Ultra Sound); as well as providing the functionality and history for the diagnosis, consultants
Verint Systems has completed its acquisition of KANA Software, a portfolio company of Accel-KKR, for USD514.2m in cash.
"Accel-KKR was an extraordinary partner to the KANA management team following the acquisition that brought the company private in December 2009," says Mark Duffell, KANA's CEO. "Accel-KKR did what they said they were going to do including supporting our efforts through investments to grow the company both organically and through targeted strategic acquisitions. Through our partnership, we were able to create a market leader in the growing customer service software market."
"We are very pleased with the results of our investment in KANA,
Private equity house Key Capital Partners (KCP) has sold food manufacturer TSC Foods to Edward Billington and Son Limited.
Scunthorpe-based TSC Foods, which was founded in 1991, produces and supplies chilled and frozen sauces, soups, entrees and dressings to the retail and food service markets.
The business developed the Glorious! soup range, which is sold in Morrisons, Asda and Sainsbury’s supermarkets, as well as the Co-op and Ocado.
The Billington Group is headquartered in Liverpool and is one of the UK’s largest family owned businesses. The group has over 150 years’ of trading experience with operations across the
Website building platform BaseKit has secured a further GBP4.5m funding from the Angel CoFund backed by the British Business Bank, alongside existing investment from Eden Ventures, NESTA and Nauta Capital.
The additional funding follows a previous investment of GBP10m.
George Whitehead, chairman of the Angel CoFund, says: “We are very impressed with what BaseKit has achieved and also its potential for the future. Our goal is to provide cash for high-growth UK businesses – and BaseKit’s company vision, ability to execute and current momentum classify it is as exactly the kind of business we like to invest in.”
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
