Allocations
O’Melveny has represented outdoor griddle company Blackstone Products in its business combination agreement with Ackrell SPAC Partners I Co (Nasdaq: AKIU) which will result in Blackstone becoming a publicly traded company.
The transaction was announced on 23 December and implies a combined company pro forma enterprise value of USD900 million.
The transaction is expected to close in the second quarter of 2022, subject to closing conditions. Upon closing, the combined company will be renamed Blackstone Products, Inc and expects to apply to be listed on the Nasdaq under the new ticker symbol “BLKS”.
Ackrell SPAC Partners I Co. is a
CORE Industrial Partners (CORE), a Chicago-based private equity firm focused on investing in lower middle market manufacturing, industrial technology, and industrial service companies, has completed the initial listing on the New York Stock Exchange (NYSE) of Fathom Digital Manufacturing Corp. (Fathom), a specialist in on-demand digital manufacturing and 3D printing services, through the completion of a business combination with Altimar Acquisition Corp II (Altimar), a special purpose acquisition company.
CenterOak Partners (CenterOak), a Dallas-based private equity firm, and its affiliate CenterOak Equity Fund I, have sold Vivify Specialty Ingredients (Vivify), a supplier of specialty colorants and functional ingredients to customers in the personal care & cosmetics, food & beverage, packaging, plastics, coatings and seed treatment industries.
Terms of the transaction have not been disclosed.
Vivify, which serves customers in over 50 countries, offers solutions such as technical product specifications and formulations, sourcing difficult-to-find additives, product quality monitoring, and just-in-time inventory. Through a technical, high-touch salesforce, the Company supports customer-specific solutions focused on product performance and customised applications by
Sentinel Capital Partners, a private equity firm that invests in midmarket companies, has acquired TTG Imaging Solutions, a US provider of nuclear medicine and molecular imaging solutions. Terms of the deal have not been disclosed.
Headquartered in Pittsburgh, Pennsylvania, TTG offers end-to-end solutions for cardiology and oncology customers that use diagnostic imaging equipment. Through a nationwide network of field service engineers, TTG offers equipment, maintenance and repair services, clinical staffing, and radiopharmaceutical products. TTG operates three equipment repair centers and three radiopharmacies that serve customers across 46 states. Founded in 2004, TTG has completed nine acquisitions that have expanded its
A Nordic Capital investment vehicle is exiting its investment in Vizrt Group to a new Nordic Capital-led consortium, comprising a secondary acquisition vehicle and other Nordic Capital investment vehicles.
This transaction will allow Nordic Capital, alongside the Vizrt management team, to continue to support the business and its strategy over its next ownership cycle, providing capital to further fuel the strong growth momentum. Financial terms of the deal have not been disclosed.
The secondary acquisition vehicle, which forms part of the new Nordic Capital-led acquiring consortium, was established with investment vehicles managed or advised by Goldman Sachs Asset Management’s Vintage
MedKitDoc, a German telemedicine platform, has raised EUR7 million in a seed financing round led by Vorwerk Ventures, Acton Capital, and existing investor Picus Capital.
FlixBus founders Daniel Krauss and Jochen Engert are also investing in the fast-growing digital health start-up based in Berlin and Hannoversch Münden.
Elbrus Capital Fund III has acquired a sizeable minority stake in BREFFI, a Russian omnichannel pharma marketing company. The transaction amount was RUB750 million. Most of the funds will be applied by the company towards scaling up its operations and creating new digital products for the healthcare and pharma sectors.
Since its inception, the main focus of BREFFI has been promotion of branded pharma products in Russia, primarily through the medical community. Currently BREFFI has over 100 clients, most of which are international pharmaceutical companies operating in Russia. BREFFI’s revenue in 2021 is to exceed RUB500 million.
This is
Ampla Technologies has closed a USD40 million Series A funding round, co-led by VMG Partners and Forerunner Ventures, with participation from existing investor Core Innovation Capital.
This announcement brings the Company’s total funding to USD380 million in equity and debt financing, which will enable Ampla to impact even more small-to-medium sized businesses (SMBs) in the consumer brands space, strategically increasing its talent pipeline and enabling the rollout of new products. Additionally, the company plans to increase its headcount by 100 per cent over the next three-six months, from 35 to 70 employees.
By providing easy-to-access capital to its clients, Ampla
Suttona Capital, a female-led and female-focused growth equity investor undertaking growth stage financings of USD25 million to USD100 million, has made its first two investments having participated in recent funding rounds for Havenly, an online interior design service, and Daily Harvest, a subscription service delivering premium, healthy, easy-to-make superfoods directly to customers’ freezers.
Suttona was founded by industry veteran Amy Wildstein and builds upon the track-record and investment portfolio of Springboard Growth Capital (SGC) to provide growth stage funding and true partnership for female leaders of mission-focused and consumer-facing companies. Suttona’s flexible fundraising approach and unique fundless model enable the
Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has made a strategic growth investment in Salesloft, the provider of a complete sales engagement platform.
Vista’s investment comes on the heels of significant market momentum for Salesloft, having surpassed USD100 million in annual recurring revenue in early summer 2021 and with 50 per cent annual growth. The company was recently recognised as one of Battery Venture’s 25 Highest-Rated Cloud Computing Companies To Work For, and has been a winner of Deloitte’s Technology Fast 500 for the past five years in a row. As
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
