Allocations
M Group Services, a provider of services to essential infrastructure markets in the UK and Ireland, has completed the acquisition of Babcock International Group PLC’s Overhead Line Power business.
Following the acquisition, the business will be rebranded to form part of Morrison Energy Services, sitting alongside and enhancing existing electricity, gas and green energy capabilities, within M Group Services’ Energy division. As the latest addition to the growing number of businesses forming the Group, the overall service offering continues to expand and now includes a number of technically advanced businesses.
This acquisition takes the total number of strategic acquisitions
Audax Private Equity (Audax) has completed the sale of RelaDyne (RelaDyne) to American Industrial Partners (AIP). Terms of the transaction have not been disclosed.
RelaDyne is a leading provider of lubricants and distributor of less-than-truckload fuel, diesel exhaust fluid, chemicals, and other related products in the United States. RelaDyne is also an international provider of sustainability and reliability services to the commercial and industrial end-markets. The Company focuses on preventive maintenance, lowering total cost of ownership, decarbonisation, and enhancing the sustainability and reliability of customers’ critical equipment and assets, and serves over 25,000 customers throughout the broad industrial, commercial, and
Alternative investments manager Ares Management Corporation’s (Ares) subsidiary, Ares Holdings, is to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (Infrastructure Debt), one of the largest infrastructure debt investment platforms globally with approximately USD8 billion in assets under management, as of 30 September, 2021.
The transaction consideration is AUD428 million (USD308 million) and will be funded using cash on hand and Ares’ USD1.1 billion revolving credit facility.
The Infrastructure Debt team is led by its Global Head, Patrick Trears, and has 17 dedicated investment professionals located across London, Sydney, Singapore and New York. Upon closing of the transaction, Infrastructure Debt will be
Permira, a growth-focused, global private equity firm, has held the final close of Permira Growth Opportunities’ second fund (PGO II), with total capital commitments of USD4 billion.
Start-up investment platform nr2, which gives businesses and investors AI-enabled insights into South Korea and China’s most promising and innovative start-ups, has raised capital for expansion from new investors, including Lord Rothschild and Sir Simon Robey.
The cross-border investment platform will use the funding to accelerate growth, expand its team of AI engineers and develop its AI-powered search engine.
Investor Maxim Parr and entrepreneur Jordan Monnet founded nr2 in 2019, leveraging 20 years of international experience in investment and AI, to build cutting-edge search algorithms to source start-ups in Asia. The search engine provides data and insights into the booming
Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has sold Spanish concrete precast group Pretersa Prenavisa (Pretersa) to Precon, a subsidiary of Cementos Molins.
Pretersa specialises in the design and engineering, production, transport and installation of precast concrete buildings for a range of different industries including logistics, retail, manufacturing, and the growing housing market backed by the growth of industrialised construction and BIM. The Company operates from three factories in Teruel, Jaén and Sevogia (Spain) and services the Spanish and French markets.
Kartesia first invested in Pretersa in 2015 and has supported the growth
Hyperscience, a human centred automation company, has raised USD100 million in a Series E funding round led by existing investors Global Founders Capital, Tiger, Stripes, and Bessemer.
This latest investment, which comes hot on the heels of Hyperscience’s first acquisition, underscores growing interest in the company’s deeply human-centric approach that turns antiquated business processes into digital assembly lines, combining data, people, and processes. With machine learning and its proprietary human-in-the-loop functionality at its core, Hyperscience delivers automation that more easily adapts to business changes and evolving market dynamics—without the traditionally high cost of change management.
FPE Capital (FPE), a software and services focused lower mid-market growth investor, has invested in 60 Decibels, a social impact measurement company, that talks directly to customers, employees or beneficiaries about social issues in more than 50 countries on behalf of impact focused investors and enterprises.
This marks the eleventh investment from FPE Fund II. 60 Decibels is the fifth investment FPE has made in the last 13 months in the wake of the Covid-19 pandemic.
FPE’s investment will make it the largest shareholder in the business. As part of the transaction, Henry Sallitt and Llewellyn John will join
Tempo Software, a specialist in team time management and productivity-enhancing solutions, has acquired ALM Works, developer of the Structure for the Jira software suite tfor project and programme manager.
ALM Works helps over 5000 organisations worldwide visualise, track and manage progress across large-scale, complex projects. Tempo and ALM Works together will provide the first suite of purpose-built program management apps to meet project, program and portfolio management needs for over 70 million users within the Atlassian Ecosystem.
Combined with the recent acquisition of Roadmunk, the addition of ALM Works strengthens Tempo’s strategic portfolio management offering. As a modern and
Following an initial investment in 2019, Diligend, an institutional-grade due diligence platform vendor, has secured a third round of capital to realise its growth ambitions in 2022.
The funding will support development of Diligend’s core platform, designed for institutional investors and consultants which is continually evolving to meet client requirements. Recent new features include the SEC Form ADV module, which allows investor and consultant clients to review and monitor Form ADV data, getting notifications when changes occur. The ESG and Diversity disclosure module released this year allows clients to request specific data sets quickly and easily, pulling results into tailored,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
