Allocations
Morgenthaler Private Equity (MPE) has sold Satellite Logistics Group (SLG), a provider of reverse beverage logistics and supply chain management solutions, to JF Hillebrand Group.
SLG is an asset-light provider of reverse logistics solutions and related services to the beer and beverage industry. Its supply chain solutions include Kegspediter keg management, LogiTrax freight management and EcoBev beverage disposal services.
Headquartered in Houston, Texas, SLG manages two company-leased and nine third-party-operated distribution and consolidation centres near major ports and transportation hubs throughout the US.
Terms of the transaction have not been disclosed.
Kevin Brady, chief executive of SLG,
Nordic Capital Fund V and funds advised by CVC Capital Partners have through their respective holding companies, Cidron Pord and Godis Holding, sold their entire holding of 16.1 per cent of the shares in Cloetta in a placement to institutional investors in Sweden and other countries.
The placement was made at a price of SEK19.40 per B-share.
Nordic Capital and CVC acquired Leaf in March 2005 with the goal of growing the company and strengthening its competitiveness. Leaf and listed Cloetta merged in February 2012. The merged company has since then been listed on Nasdaq OMX Stockholm as Cloetta
Metric Capital Partners (MCP), the European private capital group, has completed its growth capital investment in Secure Trading Limited, a global payment services provider headquartered in London.
Secure Trading offers a suite of payment solutions to online businesses, including a payment gateway, online accounting and treasury management, and counter-fraud services.
Metric’s investment will further drive its expansion in the online payments industry.
The company is part of the UC Group, which owns several technology companies in the payments domain, including Cognosec, an IT security and PCI compliance specialist based in Vienna.
Secure Trading is headquartered in Canary
The Russian Direct Investment Fund (RDIF) and Fondo Strategico Italiano (FSI) has signed a memorandum to establish a EUR1bn Russian-Italian investment platform.
The signing ceremony took place in Trieste in presence of the President of Russia Vladimir Putin (pictured) and the Prime Minister of Italy Enrico Letta.
The two financial institutions will invest up to EUR500m each primarily in companies and projects promoting the development of foreign trade and FDI between Italy and Russia.
Kirill Dmitriev, chief executive of RDIF, says: “The Russian-Italian investment platform has the significant potential to stimulate mutual trade and investment cooperation between Russia
Applied Systems, a provider of software that powers the business of insurance, is to be acquired by investment funds advised by Hellman & Friedman.
The company is being acquired from the global private investment firm Bain Capital in a transaction valued at approximately USD1.8bn.
JMI Equity, a growth-oriented private equity firm that focuses on building software and technology-enabled services businesses, will be investing alongside H&F and, under the terms of the agreement, members of Applied Systems’ senior management will continue to maintain a significant ownership position in the company.
Applied Systems is a provider of insurance software and
Odyssey Investment Partners is to sell its portfolio company BarrierSafe Solutions International, a provider of branded disposable gloves and injection moulded protective footwear, to Ansell.
Based in Lake Forest, Illinois, BarrierSafe has two flagship brands, Microflex and Onguard.
Odyssey acquired BarrierSafe in 2011 and completed two strategic add-on acquisitions during its ownership.
Randy Paulson, a managing principal of Odyssey, says: “We are proud of BarrierSafe's accomplishments under our ownership. As a result of BarrierSafe’s strong market position and significant business momentum, the company has attracted the interest of one of the world's leading PPE manufacturers and we believe
Private equity firm TA Associates has completed a majority investment in Accruent, a provider of real estate and facilities management software solutions.
Existing investor Vista Equity Partners will retain a significant ownership position. Additional terms of the investment were not disclosed.
Since 1995, Accruent has offered a facilities and real estate management system that delivers operational and financial performance for its customers. The company provides market planning, site selection, project management, lease administration, facilities and space management software that is purpose-built for specific industries to deliver greater customer value.
“Our four-year partnership with Vista Equity Partners allowed us to
Pixium Vision, a developer of retinal implant systems that aim to restore vision in the blind, has closed a EUR15m series A extension financing led by Sofinnova Partners, which becomes the largest investor.
Bpifrance, through the InnoBio fund, and existing series A investors Omnes Capital and Abingworth also participated.
In conjunction with the financing, Antoine Papiernik at Sofinnova Partners and Chahra Louafi at Bpifrance have joined the Pixium board of directors.
Pixium was co-founded by Dr Bernard Gilly and Prof José-Alain Sahel in November 2011 and built upon a close relationship with the Vision Institute at the National
Vista Equity Partners has completed its acquisition of Omnitracs, formerly a subsidiary of Qualcomm.
In conjunction with this announcement, Omnitracs has signed a definitive agreement to acquire Roadnet Technologies, a provider of fleet management software solutions for private fleets.
Roadnet, based in Baltimore, Maryland, is a provider of routing, scheduling, optimization and mobile resource management software solutions in the US and internationally. Roadnet's fleet management platform enables its customers to solve complex transportation problems in a simple manner.
"Roadnet is excited to become part of the Omnitracs and Vista family. Our solutions are very complementary and together we
GGM Venture Capital, though its sub-fund GGM High Growth IT Fund, has invested a total of EUR1.40m series A investment into Optimitive.
The round was led by GGM Venture Capital and joined by SURGE Accelerator. Optimitive graduated from the SURGE Accelerator programme in May 2013.
Founded in Spain in 2008, Optimitive provides a real time energy saving service through its software and services that allows large industrial companies to permanently and significantly reduce energy or raw material input costs and to lower CO2 emissions.
The capital raised will be used to accelerate the company's vision and commercially roll-out
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
