Allocations
Thoma Bravo has sold portfolio company Digital Insight, a provider of digital banking capabilities to financial institutions, to NCR Corporation for USD1.65bn.
The sale is expected to close in Q1 2014.
“Thoma Bravo was able to establish Digital Insight as a standalone company following our acquisition from Intuit in August, while also offering Intuit a successful and efficient outcome,” says Thoma Bravo managing partner Orlando Bravo. “Digital Insight has attracted interest from NCR with its strong set of online and mobile banking products, rich client list, and accomplished employees.”
“Thoma Bravo was an experienced and trusted partner during
Water Street Healthcare Partners has sold Massachusetts-based Medical Specialties Distributors (MSD) to New Mountain Capital.
Water Street partnered with MSD’s management team in 2010 to build the company into a leading distributor and solutions provider to the growing alternate-site home infusion therapy market.
MSD has achieved strong double-digit growth annually since Water Street invested in the company. Working with management, Water Street developed and executed a strategic plan that expanded MSD’s capabilities and extended its offering into new markets as demand for intravenous (IV) therapy in the home increased. In June 2013, MSD acquired Medical Technology Resources (MTR) to
LA-based private equity firm Aurora Capital Group has completed the acquisition of the insurance solutions division of Zywave from Vista Equity Partners.
Financial terms of the transaction have not been disclosed.
"We look forward to partnering with Bill Haack, Dave O'Brien, Joe Gibson and the entire Zywave team," says Josh Klinefelter (pictured), partner and head of Aurora's software & information services practice. "Zywave is a clear market leader in the insurance software vertical and we are excited to add another strong SaaS platform to our portfolio."
Dave O'Brien, CEO of Zywave, says: "Zywave has long been an industry-leading provider
SDCL Asia is to launch the UK China Energy Efficiency Investments Fund, which will seek to invest up to USD200m in energy efficiency projects and opportunities.
Energy efficiency is one of the fastest growing investment markets in the world, driven by severe energy supply constraints, rising prices and the opportunity to make substantial cost savings from inefficient and ageing energy infrastructure.
The UK is home to some to the world’s leading energy efficiency technology and services companies as well as financial innovation. China is the world’s largest market for energy efficiency and is a major exporter of energy efficiency products
EIG Global Energy Partners has held the final close of Energy Fund XVI, the firm's most recent flagship investment fund.
Fund XVI is the largest fund in EIG's history and includes capital commitments from 150 limited partners from 18 countries.
Institutional investors domiciled outside the US represent more than 40 per cent of total capital commitments.
Launched in February 2013 with a target of USD4.25bn, Fund XVI had a first closing in May 2013 and reached its hard-cap of USD6bn (excluding affiliate investments) in connection with its final closing on 25 November 2013.
Fund XVI will continue
Ardian has sold its majority stake in Competence Call Center (CCC), a European provider of premium call centre solutions based in Vienna, to Silverfleet Capital.
As part of the transaction, CCC’s management is re-investing in the company. The closing of the transaction is subject to the approval of the relevant antitrust authorities. The parties have agreed not to disclose the purchase price and other details of the transaction.
In 2009, Ardian acquired a majority stake in CCC to support the company’s international growth strategy. Over the past four years, the company has consolidated its leading position in the premium
Metric Capital Partners (MCP), the European private capital group, has completed its investment in Augusta Securities, a financial services company focused on the provision of funding for commercial litigation cases in the UK.
Augusta is an independent financial services company offering solutions to the small and mid sized litigation funding market. The company is led by an experienced management team, with significant previous experience in the UK litigation funding and asset management space.
Augusta provides litigation funding through a flexible and innovative model for small and medium sized commercial litigation matters in the UK, differently from traditional litigation funders
Sidereal Capital Group has partnered with Argosy Private Equity to acquire U∙C Coatings Corporation.
Headquartered in Buffalo, New York, U∙C Coatings manufactures and distributes wood protection products for the logging, lumber, furniture, and woodworking industries. The company’s flagship Anchorseal branded products are an industry leading line of wax based emulsion end sealers, designed to prevent splitting and degradation of freshly sawn, high value hardwood logs and lumber during processing.
The Company also offers GemPaint, a water-based paint used by lumber suppliers to brand their products and enhance overall appearance, as well as other related niche market wood protection products.
Wedo, the online furniture retailer, has completed GBP3m of funding, led by MMC Ventures.
This follows the company’s initial seed funding in 2012, when Passion Capital and a selection of private equity investors came together to back Wedo and their vision of simple shopping. All previous key investors have reinvested in this latest round.
Founded by serial tech entrepreneur and founder of Tech4Africa, Gareth Knight, Wedo is an ecommerce furniture retailer, specialising in improving the customer’s online shopping experience. In 2013 the company has grown to a team of 40 people, launched a 10,000ft prime retail store in Colchester
JTC Group has acquired the fund administration business of the Guernsey-based Anson Group.
Anson Fund Managers Limited (AFML) represents over GBP11.5bn in funds under administration and specialises in providing a wide range of support services to companies and funds.
Its clients include trading companies, open ended and closed ended funds and unit trusts, investment companies and limited partnerships, many of which are listed on stock exchanges such as the LSE, Euronext and AIM.
In addition to working for many London listed companies including FTSE 350 members, it acts for a third of companies listed on the London Specialist
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
