Allocations
Software platform, Hicomply, has secured a GBP3 million investment from growth capital investor, BGF.
The technology business enables SMEs to protect business data and effectively manage information security compliance against standards such as ISO 27001 and SOC. Hicomply gives companies the tools to build their information security management system (ISMS), which secures data and reduces risk in the supply chain and the threat of data breaches and associated fines.
The funding will allow the business to accelerate growth through investment in sales and marketing, as well as continuing to develop its technology.
Hicomply, CEO Ed Bartlett,
Audax Private Equity (Audax) has acquired a majority stake in GCX Mounting Solutions. Terms of the transaction have not been disclosed.
Based in Petaluma, California, GCX is special in the design and manufacturing of healthcare-focused, mission-critical equipment mounting and mobility solutions, including branded-arms, mounts, and roll stands. Products are engineered for reliability and quality and sold to medical device OEMs and directly to hospitals. GCX has a 50-year history of organic growth and 330-plus employees worldwide, with offices in North America, Europe, Japan, and Taiwan.
“We are very excited to be part of the Audax family and look forward to
Airwallex has raised USD200 million in an oversubscribed Series E financing round, increasing the company’s valuation to USD4 billion.
This latest investment follows an extended Series D capital raise earlier this year in March, cementing Airwallex’s position as one of the fastest growing unicorns amid an unprecedented business environment affected by Covid.
“This latest round was led by Lone Pine Capital. New investors G Squared and Vetamer Capital also joined the round, alongside existing investors including 1835i Ventures (formerly ANZi), DST Global, Salesforce Ventures and Sequoia Capital China. With the completion of Series E, Airwallex has achieved more than US$700
White Oak Global Advisors (White Oak) has completed the acquisition of Finacity Corporation, a global specialist in working capital and trade finance funding solutions to global businesses.
Finacity originates, structures and places over USD100 billion in trade finance receivables yearly with over 50 leading financial institutions in asset-backed security structures. Finacity has facilitated transactions for receivables denominated in 58 currencies with obligors in more than 175 countries making it the largest non-bank trade finance platform globally.
The deal will see Adrian Katz remain as Finacity CEO and substantive equity holder, working closely with the leadership of White Oak Global Advisors.
Searchlight Capital Partners (Searchlight), a global private investment firm, in partnership with asset manager British Columbia Investment Management Corporation (BCI), is making a strategic investment in Adams Outdoor Advertising (Adams). Terms of the transaction have not been disclosed.
Adams, founded in 1983 by Steve Adams, is the fourth largest, and largest privately-held, out of home media operator in the United States. The family-owned business has been instrumental in promoting the power of outdoor advertising by providing clients with bespoke media solutions to target audiences at the local level. Adams operates in a number of strategically relevant local markets across the
Tiedemann Group (Tiedemann), Alvarium Investments Limited (Alvarium), and special acquisition company (SPAC) Cartesian Growth Corporation (Cartesian) jointly announced entry into a definitive business combination agreement.
Thomas H Lee Partners, a private equity firm investing in growth companies, is to acquire Brooks Automation’s (Brooks) Semiconductor Solutions Group business (or automation business) in a transaction valued at USD3 billion.
The transaction is expected to close in the first half of calendar year 2022 upon satisfaction of customary closing conditions and regulatory approvals.
This agreement will fulfil Brooks’ intention to separate its business into two independent companies, a highly innovative automation technology company with significant expertise in semiconductors and meaningful white space to expand into multi-market automation, and a pure play life sciences company, which will remain public
Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has closed the bLLCP Lower Middle Market Fund III (LMM III) with total capital commitments of USD1.38 billion.
LMM III, which was significantly oversubscribed and closed at its increased hard cap, received strong support from existing and new institutional investors across North America, Europe, the Middle East, and Asia.
LMM III will invest primarily in US-based lower middle market companies with less than USD50 million of revenues. The fund will utilise LLCP’s highly successful structured private equity strategy to invest in entrepreneur-led businesses, generating a combination of growth
IMServ, a UK specialist in smart metering technology and data for the industrial, commercial, and domestic electricity sectors, has partnered with energy transition leader private equity firm Bluewater through a successful acquisition from international company Schneider Electric providing energy and automation digital solutions for efficiency and sustainability.
The value of the transaction has not been disclosed.
IMServ is a leading provider of electricity metering services (both installation and management of smart and advanced meters), data services (smart and advanced meters data analysis and management) and visualisation services. At the business’ core is a range of specialist electricity metering technologies,
Cairngorm Capital Partners has merged two of its portfolio companies, Grant & Stone Group and Independent Builders Merchant Group (IBMG), creating a builders’ merchant group with 123 branches, revenues in excess of GBP500 million and over 1,700 employees.
The new Group extends from Cornwall to Kent and comprises builders’ merchants, electrical wholesalers, plumbers’ merchants, kitchen and bathroom showrooms, roofing merchants, a timber processing site and a dedicated ecommerce business.
Both Grant & Stone and IBMG have prospered from Cairngorm Capital’s expertise in supporting their transformational growth. Cairngorm Capital acquired Parker Building Supplies in March 2018 and following three further acquisitions
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
