Allocations
Vortex Energy, a global renewable energy platform managed by the private equity arm of EFG Hermes, has entered into a definite agreement with Ignis Energy Holdings, parent company of Spanish independent integrated renewable player Ignis Group.
Vortex Energy will inject over EUR625 million through its newly launched Vortex Energy IV Fund and its co-investors into Ignis via a series of capital injections, which will be deployed over the coming few years subject to certain conditions. This will allow Ignis to fund its growth plans and transform into a fully integrated renewable IPP in Spain and other geographies.
This capital
DWS Group (DWS) has acquired a minority stake in UK-based retiretech Smart Pension Limited (Smart).
The company provides a cloud-native, API-based technology platform, allowing financial services organisations and governments to administer retirement savings plans. Notably, the technology platform powers its award-winning Smart Pension Master Trust, one of the “big four” UK auto enrolment master trusts, and is also capable of being offered to leading financial institutions in the UK and internationally as a Platform as a Service.
Building on its success in the UK market, Smart is now geared for global growth and is focused on establishing its presence in
Verdant Specialty Solutions has acquired Baze Chemical (Baze), an ethoxylate specialty chemical company based in Odessa, Texas, serving customers in the oil and gas production, water treatment, and mining industries.
Baze was acquired from its founder, Curtis Baze. Terms of the acquisition were not disclosed.
Through this acquisition, Verdant continues to expand its manufacturing footprint in the US while positioning itself as a long-term partner for specialty ethoxylation on the Gulf Coast. The company also broadens its portfolio of surfactants and other specialty chemistries for the energy and industrial segments.
Founded in 1993, Baze has 82 employees and
RO Capital Partners, the RO Group’s investment arm, has invested in EcoSync alongside other investors including the Oxford Innovation EIS Growth Fund, Silicon Roundabout Ventures, Steve Headington, and KCP Nominees.
A total amount of GBP710,000 has been invested in EcoSync. EcoSync will use the growth capital to fund a dedicated sales team and to further develop its technology.
EcoSync is a cleantech business founded by Oxford University engineers. The business’s dynamic energy management platform adapts temperature control to changing occupancy levels in commercial buildings and helps its customers to achieve 30-40 per cent reductions in energy consumption by identifying
Following three years of partnership with ECI Partners, CPOMS, a provider of SaaS safeguarding software to schools, has been acquired by Raptor Technologies (Raptor), a US provider of school safety software.
The acquisition was made following strategic investments in Raptor by Thoma Bravo and existing investor JMI Equity. The financial terms of the deal were not disclosed.
CPOMS’s pioneering safeguarding platform enables primary and secondary school staff to log concerns relating to student wellbeing, while the CPOMS StaffSafe product strengthens governance relating to staff members and the CPOMS Engage module ensures alignment between schools and local authorities.
The
An O’Melveny team has advised PMC Capital Partners (PMC Capital) on the sale of StyroChem Canada (StyroChem) to Epsylite Holdings (Epsylite), a portfolio company of Balmoral Funds (Balmoral).
Financial terms of the transaction have not been disclosed.
StyroChem was founded in 1975 and was one of the first manufacturers of expanded polystyrene (EPS). StyroChem continues to supply high quality EPS products for customers across the globe from its base in Quebec, Canada. PMC Capital acquired the business back in August 2019.
The O’Melveny team guiding PMC Capital on this transaction was led by Corporate partner David Smith and counsel
Main Capital Partners (Main), a European software investor, has completed capital raises for two new funds, raising EUR1.21 billion in total.
Following the launch of Main Capital VII and Main Foundation I, Main’s total assets under management (AUM) have more than doubled, to approximately EUR2.2 billion. Main will deploy these funds to further grow and develop strong European software groups in multiple market segments, targeting local buy-and-build strategies as well as cross-border growth.
Charly Zwemstra, Chief Executive Officer of Main Capital, says: “We aim to play a key role in the consolidation of the fragmented software market by building leading
UniversalCIS, a technology-enabled provider of credit data and related origination solutions in the mortgage industry, and Credit Plus, a leading provider of mortgage verifications and business credit reports, have merged their companies.
As a result of the merger, the new company will become the largest in the industry and serve over 6,500 clients in the North American mortgage market including banks, non-bank mortgage lenders, credit unions and mortgage brokers.
Credit Plus brings over three decades of experience assisting more than 2,500 lenders with its information and verification services throughout the mortgage origination process. UniversalCIS has over 4,000 clients and
Following the acquisition of Vannin Capital by funds managed by Fortress Investment Group in 2019, the operations of Vannin Capital are now being restructured into the Fortress Legal Assets business.
As part of the restructuring, a number of Vannin Capital employees will transfer to Fortress. This change will have no impact on Vannin Capital’s existing investments, and Vannin Capital will remain the counterparty to its various litigation funding agreements. The restructuring is taking effect immediately.
“We are confident that this combination will further strengthen our leadership position in the litigation finance market, broadening our sourcing capabilities and bringing counterparties the
CDC Group (CDC), the UK’s development finance institution and impact investor, has announced a USD100 million commitment to African Development Partners III, the Fund advised by Development Partners International LLP (DPI) – a leading pan-African private equity firm.
CDC’s latest commitment supports ADP III fundraise as it closes at USD900 million, becoming one of the largest funds dedicated to investing in Africa.
ADP III will target medium-sized and large companies in Africa, thereby facilitating greater job creation, economic diversification, and market expansion, whilst also funding essential services through corporate taxes. As part of its strategy, the fund will also
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm