Allocations
Grant Thornton UK advised on eight private equity mid-market deals last month, accounting for just under a quarter of the 35 investments completed in the mid-market.
The deals Grant Thornton advised on were completed across six industries.
Mo Merali, head of private equity at Grant Thornton UK, ays: “We are seeing increased activity in mid-market M&A during what is normally a quiet time of year for investment. An increase in market confidence across the board has helped and it’s encouraging to see that the mid-market is benefiting from this and continues to be the most active area of
Independent debt advisory firm Tomorrow Partners has signed three transactions over a busy summer period, following the recent launch of its high yield advisory service.
The firm advised Lion Capital and its portfolio company HEMA, the Dutch retailer, on a successful “amend and extend” of circa EUR900m of senior, second lien, mezzanine and PIK facilities which closed on 1 August 2013.
The HEMA deal followed Tomorrow Partners advising HSS, a hire services company backed by Exponent, on raising add-on financing for its acquisition of the UK platforms business of Haulotte Group, which closed on 30 June.
More
Private equity firm Wynnchurch Capital has acquired Imperial Group from Accuride Corporation, in partnership with BMO Mezzanine Fund and a management team led by chief executive officer Terry Wogan.
Imperial is a metal fabricator supplying light and medium gauge fabricated metal components, precision metal stampings, and value-added assemblies serving heavy truck, bus, and industrial OEMs. Imperial has operations in Portland, Tennessee, Decatur, Texas, Denton, Texas, Dublin, Virginia, and Chehalis, Washington.
“Imperial has built an impressive franchise in the metal fabrication industry and is well positioned to take advantage of the anticipated recovery in its end markets. Our goal
Halyard Capital, a New York-based private equity fund, has sold its portfolio company Engauge Marketing to Publicis Groupe, the marketing services holding company.
Financial terms have not been disclosed.
Engauge is a digital advertising services agency in the US. Engauge was founded by Halyard Capital in partnership with the legendary marketing executive Stan Rapp, with the goal of bringing together innovative, best-of-breed marketing capabilities under one unified brand.
Launched in 2007, Engauge was formed through the union of Ten United, a Columbus, Ohio-based advertising agency with offices in Pittsburgh and Orlando; Spunlogic, a digital marketing services company
Lyceum Capital has led the acquisition of vehicle tracking and fleet management software provider Isotrak from Saints Chamonix Private Equity to accelerate the company’s UK and North American expansion strategies.
Investing alongside the existing management team Lyceum has taken a majority share in the business, which recently won contracts with a number of leading retailers in North America to add to its blue chip UK customer base.
Established in 1999, Isotrak provides vehicle tracking and fleet management software to enable businesses that operate large fleets of heavy goods vehicles (HGVs) and light commercial vehicles (LCVs) to reduce costs,
Wellington Financial, a privately-held specialty finance firm, has provided a USD2m venture debt financing for Salsa Labs of Washington, DC.
Salsa provides an integrated toolset for non-profit organisations to grow and engage their supporter base for their respective causes through online fundraising, advocacy and outreach with an easy-to-use, online organising platform.
"More than 2,000 organisations, including political campaigns, non-profit groups and other associations from small two-person organisations to global institutions are using Salsa’s state-of-the-art platform to manage their online supporters in a more effective manner," says Mark Usher, partner of Wellington Financial. "In addition to their software-as-a-service product,
EQT has invested CHF44m in Swiss dental chain swiss smile based on a partnership agreement with the founders and majority owners Dr Haleh Abivardi and Dr Golnar Abivardi.
The sisters are both dentists and founded swiss smile in 2002. The existing minority shareholders have been bought out with the new funds provided by EQT.
swiss smile operates several clinics in Switzerland and has franchises or joint ventures in UK, Russia and India. The company is the leading quality dental chain in Switzerland with a 28 per cent market share among dental chains. swiss smile also has its own
Change Healthcare has closed its latest round of financing, securing USD15m led by HLM Venture Partners.
New investor Noro-Moseley Partners also participated in the financing round, as did all existing institutional investors – BlueCross BlueShield Venture Partners, Sandbox Industries, Mitsui & Co. Global Investment, Gary and Mary West Health Investment Fund, and Solidus Co.
"There has been a dramatic increase in the nation’s focus on healthcare cost transparency. Today’s consumers not only need access to cost information, but also a means to take greater control of their healthcare," says Doug Ghertner, president and chief executive of Change Healthcare.
Frontier Capital has made an investment in MultiLing, a translation services provider specialising in intellectual property (IP) and technical materials for global enterprises.
Frontier’s USD10.3m minority equity investment in MultiLing provides growth capital to support the company’s continued expansion. The company will continue to be led by Michael Sneddon, chief executive officer; Lyle Ball, chief operating officer; and Todd Rapier, executive vice president of sales.
“MultiLing is a well-established company with a strong management team and a unique translation model long at work with enterprises such as Procter & Gamble, Dow Corning, and Yokohama Rubber,” says Michael Ramich,
Renewable Resources Group, a California-based asset management firm with a focus on agriculture and other sustainable resources, has purchased Sun World International from Black Diamond Capital Management, an alternative asset management firm based in Greenwich, Connecticut.
"Sun World is an extraordinarily valuable company with a strong and experienced management team and first-class employees who deliver famously delicious fruits and vegetables and industry-leading marketing, licensing and research-and-development operations," says RRG president Ari Swiller. "It’s a company we’ve watched and respected for a long time."
Black Diamond’s Christopher W Parker, who is Sun World’s outgoing chairman of the board, says: "Sun World
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
