Allocations
Macfarlanes has advised private equity house H2 Equity Partners on the carve-out acquisition of Acal BFi for GBP50 million from discoverIE Group.
Acal BFi is a pan-European provider of value-added design solutions, electronic components, and custom products across a broad range of technologies and applications from electric components parent company,
The acquisition is subject to regulatory approval.
The Macfarlanes team was led by corporate and M&A partner, Alex Edmondson with assistance from senior solicitors, Nicholas Page and Tom Trotter and solicitor Bryony Foley. Commercial expertise was provided by partner William Hedges and solicitor Robert Grant with finance
General Atlantic, a global growth equity firm, has completed the final close of its sixth flagship fund, GA 2021, at USD7.8 billion, above its initial target of USD5 billion. The fund received commitments from new and existing capital partners, including family offices, endowments, foundations and institutional investors around the world.
The firm, which pioneered the growth equity asset class more than four decades ago, now has USD23.8 billion in committed capital and over USD78 billion in assets under management. General Atlantic partners with high-growth, tech-enabled companies globally across its five core sectors: Consumer, Financial Services, Healthcare, Life Sciences and Technology.
DWS has held the final close of its inaugural Private Equity Solutions (PES) fund achieving USD550 million, including discretionary co-investment vehicles, which is in excess of its target and hard-cap of USD500 million and USD525 million respectively.
Demonstrating significant demand for its mid-life secondaries strategy, the inaugural fund closed with a global investor base consisting of state pension plans, insurance companies, corporate institutional investors and family offices in North America, Europe and the Middle East. The fund has made a total of 12 investments, which have exhibited positive performance to date.
The private equity business at DWS has focused
Bernhard Capital Partners Management, LP (Bernhard Capital), a services and infrastructure-focused private equity management firm, has completed the acquisition of RailWorks Corp (RailWorks or the Company), a North American rail infrastructure solutions provider, from Wind Point Partners, a Chicago-based private equity firm.
“We are excited about the opportunities ahead with RailWorks and look forward to supporting the Company’s best-in-class rail infrastructure solutions,” says Jim Bernhard, a partner at Bernhard Capital. “Our investment in RailWorks is an exciting opportunity for us to partner with the leading provider of maintenance and construction services in the rail space, and comes at a critical
GT Gettaxi Ltd has entered into a business combination agreement with special purpose acquisition company (SPAC) Rosecliff Acquisition Corp I (RCLF). Upon closing of the transaction, the combined company, GT Gettaxi ListCo (NASDAQ: GETT), will trade on the NASDAQ Stock Market.
Barings has served as lead arranger of a senior secured credit facility to support Hg in its majority investment in BrightPay and Relate Software.
Financial terms have not been disclosed.
“BrightPay and Relate’s combination brings together complementary businesses in terms of product offering and geographic presence, creating a true sector leader in Ireland. Both have leading reputations for ease-of-use and functionality of their products, providing clear efficiencies and value to their customers,” says Rana Misirlizade, Director in Barings’ European Private Finance group. “We are delighted to support Hg’s investment in the combined group, further strengthening our two firms’ long-term
Astia, the global organisation investing in businesses with women leaders, has hired UK-based Leanne Case as Director of Astia Connect – its programmes for engaging the Astia Advisor expert community to ensure the success of high-growth startups.
In this role, Case will manage the Expert Sift – an innovative, proven methodology utilising crowd wisdom facilitated by a technology platform to eliminate gender, racial and age bias in the investment sourcing and screening process. As of October 1 this year, the Sift reviewed USD2.6 billion in investment opportunities – putting to rest any pipeline issue. Case’s key appointment follows the launch
BidX1, a European digital property investment platform, has secured strategic growth investments from doValue, a Servicer in Southern Europe for loan and real estate management services, and Oliver Wyman, a global management consulting firm. Both acquire minority equity stakes in the Dublin-based PropTech company.
Oliver Wyman and doValue will join existing investor Pollen Street Capital (Pollen Street), a London-based private equity firm, and BidX1’s Founder, Stephen McCarthy, as shareholders in the Company.
Pollen Street made a strategic investment in BidX1 in 2018 to accelerate the platform’s international expansion. Both Pollen Street and McCarthy maintain majority stakes in the business. The
Kerv, a cloud and digital transformation services provider, has acquired Gyrocom, a network and security integrator with a specialisation in SD-WAN.
In addition to SD-WAN, Kerv’s strategic acquisition brings skills in managed networks and network security, including Secure Access Service Edge (SASE), the rapidly emerging cybersecurity solution. Gyrocom will operate as Kerv’s specialist networking and security division.
Gyrocom, headquartered in Surrey, was founded in 2006 by Graham Brown and Ryan Coombes, who had worked together previously at Nortel Networks; fellow director Jane Hamlyn joined the company in 2011. The company brings strategic technology relationships with VMWare Velocloud, Dell, Cisco,
Bite Investments, a digital asset manager and fintech company specialised in alternative investments, has launched the Bite Private Markets Portfolio, offering investors the opportunity to access a diversified allocation to alternatives with one investment.
From this week, investors can get diversified exposure across investments strategies, geographies, and fund managers in one ticket. The Bite Private Markets Portfolio will allocate capital into 8-10 underlying top-tier funds, assessed and selected by Bite Investments’ expert investment team. The minimum investment size is USD100,000 and the core sectors are: Healthcare, Information Technology, Software, Business Services, Financial Services, Consumer, and Industrials.
“The promise of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
