Allocations
The CapStreet Group has completed a majority recapitalisation of Industrial Plant Services, the parent company of EPSCO International and Plant Maintenance Services, in partnership with the senior management team.
Founded in 1994, Industrial Plant Services is a Houston-based provider of corrosion resistant and non-metallic products primarily serving the petrochemical and general industrial end markets.
Private equity firm CapStreet, also based in Houston, focuses on growing, lower-middle market companies in Texas and other Sunbelt states.
EPSCO International, founded in 1962, is a specialty distributor of corrosion resistant and non-metallic products along the Gulf Coast. EPSCO has facilities in
HIG Capital’s Brazilian affiliate has acquired a majority stake in Eletromidia, one of the largest players in the out-of-home advertising industry.
The two founders will retain a significant ownership and will continue in their positions of leading the company.
Founded in 1993, Eletromidia reaches over six million people daily with advertising solutions. The company manages urban furniture, digital outdoor displays and indoor networks across 18 cities.
“HIG’s investment will enable Eletromidia to participate in larger projects and fuel our organic expansion plans. Through this partnership, we are confident that we will improve the reach and depth of
CrowdStrike, a provider of security technologies and services focused on identifying advanced threats and targeted attacks, has raised USD30m in series B financing.
The round was led by Accel Partners and included founding investor Warburg Pincus.
Sameer Gandhi, partner at Accel Partners, will join the board of directors.
CrowdStrike will use the financing to further drive innovation in big data analytics and security intelligence and support an aggressive go-to-market strategy in the next-generation threat protection space.
"The completion of our funding is perfectly timed to meet growing demand for targeted attack detection, prevention, and monitoring," says
Alternative asset manager The Carlyle Group is to acquire the Red Oak power generation facility in Sayreville, New Jersey, and has separately closed on the purchase of five power plants in California.
The acquisitions, which were executed in conjunction with Carlyle’s power affiliate Cogentrix, bring the total enterprise value of power asset transactions since Carlyle funds acquired Cogentrix in late 2012 to more than USD1.2bn.
Robert Mancini, Carlyle managing director and chairman of the board of Cogentrix, says: “Since Carlyle funds acquired Cogentrix, our power team has committed approximately USD600m of equity capital. The North American power generation
The Angel CoFund, a fund that invests in high-growth SMEs alongside UK angel groups, has realised its first investment through the sale of Nonlinear Dynamics, a Newcastle-based developer of software for analysing proteins, to Waters Inc.
Waters is one of largest companies in the analytical instruments industry, listed on the New York Stock Exchange and with a market cap of USD8.85bn.
Nonlinear Dynamics was the Angel CoFund’s seventh investment, completing on 19 July 2012 and participating alongside a group of experienced angels investors from Yorkshire and the North East, with additional debt provided by FW Capital and support for
TyresOnTheDrive.com, the online mobile tyre-fitting service, has secured a further GBP1.5m investment, led by MMC Ventures and supported by EV Group, to support its nationwide expansion.
This latest round of funding brings the total investment, including funding from the founders, to over GBP2.6m.
Tyres on the Drive, which currently covers the North West and the West Midlands, is pushing ahead with plans to expand its operations into Yorkshire and across the South and London as quickly as possible. As a result of its rapid growth, the investment will be used to double its current fleet of specially designed
Summit Partners is to sell Actix Ltd, an independent software provider in mobile optimisation, to Amdocs for approximately USD120m in cash, subject to customary closing conditions.
Bill McHale, chief executive of Actix, says: “Summit Partners’ expertise in the mobile telecommunications and software sectors enabled Actix to develop the ActixOne platform. The optimization space has been undergoing significant changes, and Summit helped the Actix management team become a significant vendor in this dynamic, growing market. These factors allowed Actix to realise its potential and become part of the much larger Amdocs family.”
“It has been a pleasure to work
Actis, the pan-emerging markets private equity firm, has acquired 60 per cent of Atlantic Energias Renovaveis, a Brazilian renewable energy company, for an initial commitment of USD169m through a primary transaction.
Actis will be joining existing shareholders Pattac (24 per cent) and Servinoga (16 per cent), the co-founders of Atlantic and experienced infrastructure investors.
Atlantic is a renewable energy platform that has 220 MW of projects with long-term PPAs and a proprietary land bank with 1.8 GW of wind potential. Besides the USD169m initial commitment, Actis expects to invest a further USD100m into Atlantic over the next five years
Wishabi has secured a USD15m series B financing round with Insight Venture Partners.
The new capital will be used to accelerate the development and deployment of new technology and for continued rapid growth in the US market.
Retailers today spend an estimated USD18bn to print and distribute advertising flyers, also known as circulars, through direct mail and in daily and weekly newspapers.
Using Wishabi’s digital circular platform, retailers now are delivering hyper-local, hyper-personal flyers to current and prospective customers. The technology uses deep integration with retailer databases to digitally distribute circulars direct to consumers and through premium media partners
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
