Allocations
Aquiline Capital Partners (Aquiline) is to acquire a majority stake in Ripe Thinking Limited (Ripe), a UK-based digital underwriting and insurance distribution platform.
Aquiline is a private investment firm based in New York and London with USD6.9 billion in assets under management, specialising in investments at the intersection of technology and finance. Financial terms of the transaction were not disclosed.
Since its founding in 1997, Ripe has grown rapidly serving a variety of customers across both personal and small commercial lines. Today, Ripe is a leading insurtech business with more than 280,000 policyholders, protecting their specialised needs across golf,
American Water Works Company (AWK), a large publicly traded US water and wastewater utility company, is to sell its Homeowner Services Group to funds advised by Apax in a deal valued at approximately USD1.275 billion.
Upon closing of the transaction, American Water will receive USD480 million in cash and a USD720 million secured Seller’s Note bearing a 7 per cent annual interest rate with a five-year term. In addition, the transaction includes a delayed payment to American Water of USD75 million if certain milestones are met by 31 December, 2023. The structure of the transaction enables initial cash proceeds to
NMi has acquired Young Calibration Ltd, a UKAS accredited calibration laboratory (Laboratory 0604) and component testing laboratory with unrivalled knowledge and experience in thermal fluid systems testing, component cleanliness and air flow calibration.
This acquisition, closed on 26 October 2021, marks the first step in the NMi buy-and-build strategy.
“The Young Calibration acquisition strengthens our UK footprint and broadens our testing and calibration capabilities,” says Yvo Jansen, NMi CEO. “It’s unique expertise across multiple sectors, bolstered by technical knowledge, quality processes, and facility capacity provide excellent sales and operations synergies.”
New regulations in the automotive and motorsports sectors promise to
Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), a private infrastructure team within Morgan Stanley Investment Management, have acquired SpecialtyCare, Inc from Kohlberg & Company, LLC (Kohlberg).
SpecialtyCare operates the leading network of outsourced clinical services to hospital operating rooms in the US. With 1,200-plus client hospitals in 46 US states, it is the leading provider of cardiovascular perfusion, extracorporeal membrane oxygenation (ECMO), intraoperative neuromonitoring (IONM), and autologous perfusion services (ATS). Furthermore, SpecialtyCare is a leading provider of sterile processing services, endoscopic support and surgical assistance.
“We believe that SpecialtyCare provides an essential solution to its partners in an
The Swedish group BillerudKorsnäs AB has signed an agreement to sell its paper mill in Beetham, UK to investment firm, Inspirit Capital. Inspirit has assumed ownership with effect from 31 October 2021.
Steven Blacow, CEO, says: “I am extremely excited by this development. With Inspirit’s support, the Beetham mill now has the opportunity to further develop in the medical field, which has not been a strategic priority for the former owners. The mill has a strong record of product innovation and operational efficiency, and I look forward to harnessing the team’s outstanding know-how and customer focus to create a successful
An affiliate of HIG Capital (HIG), a global alternative investment firm with over USD45 billion of equity capital under management, has completed the acquisition of a majority stake in Grupo Ransa (Ransa), a third-party logistics (3PL) player in Latin America.
Grupo Romero, one of the largest conglomerates in Peru and a longstanding shareholder of Ransa, will remain as a strategic partner in the Company alongside HIG Capital. Ransa’s current senior management team, led by CEO Paolo Sacchi, will continue to lead the Company. Additional terms of the transaction were not disclosed.
Ransa, headquartered in Peru, is the largest and most
Delta Financial Group (Delta), an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has secured a significant strategic growth investment from an affiliate of Peak Rock Capital (Peak Rock), a middle-market private investment firm.
The structured growth investment will empower Delta to execute an innovative, scalable, and institutional approach to the USD1.4 trillion equipment finance and leasing market. Delta, established by a team of industry professionals and military veterans, primarily focuses on enterprise scale “Fair Market Value” operating leases of mission-critical assets across a range of industries. The company’s core social impact objective is to engage and benefit
SatSure, a Bengaluru-based space-technology startup that builds decision insights using data from satellites for the banking and insurance sectors, has raised an undisclosed amount of equity funding led by Baring Private Equity India.
SatSure will use the capital to hire more people to grow its product portfolio and increase its international business footprint, while also capitalizing its high-resolution optical and multispectral payload demonstration mission in orbit that was announced earlier this year.
SatSure was founded in 2017 by Indian Institute of Space Science and Technology (IIST) alumni Prateep Basu and Rashmit Singh Sukhmani, along with Abhishek Raju. The startup bootstrapped
Nippon Koei Co Limited, via its 100 per cent owned subsidiary Nippon Koei Energy Europe BV, and Aquila Capital, a sustainable investment management and asset development company, headquartered in Hamburg, Germany, hvea 25MW/100MWh grid-scale battery energy storage system (BESS) located in Ruien, Belgium.
Nippon Koei Co Limited, lead developer of the project, and Aquila Capital have reached an agreement to jointly finance the procurement, final development and operation of the BESS, which is one of the first projects of this type in Europe that meets all the relevant ESG standards and has a strong focus on sustainable construction and operation.
Trading Technologies International, (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, is to be acquired by 7RIDGE, a specialised growth equity firm invested in transformative technologies.
7RIDGE will fuel Trading Technologies’ organic growth and enable the firm to make targeted strategic acquisitions in the future. Cboe Global Markets, Inc (Cboe: CBOE) and Singapore Exchange (SGX), who are among the limited partners of the fund managed by 7RIDGE, have voiced their support of the transaction. Terms of the transaction, expected to close before year-end subject to regulatory approvals, have not been disclosed.
7RIDGE’s acquisition of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
