Allocations
Corporate Finance advisor BCMS has advised leading UK independent medical communications agency Spirit Medical Communications Group Ltd (Spirit), on its sale to OPEN Health.
Founded in 2006 by Asif Zaman, and based at premises in Didsbury, Manchester and Alderley Park, Cheshire, Spirit offers full-service medical communications throughout the product lifecycle, with deep expertise across a range of therapy areas. Services include publication planning, medical strategy, medical education, scientific meetings, training and digital solutions.
Spirit employs 80+ highly qualified employees including post-docs, PhDs and Certified Medical Publication Professionals (CMPP). The business has established exceptional working relationships with its diverse and growing
Atalaya Capital Management (Atalaya), an alternative asset manager focused on private credit and special opportunities investments, has successfully exited its investment in The SAILS Group (SAILS), provider of residential care homes and other high touch treatment for behaviourally challenged clients, and Patterns Behavioral Services (Patterns), a provider of comprehensive services for children and adults diagnosed with autism and other developmental disabilities.
Atalaya invested in SAILS in 2016, providing the Company with the strategic capital needed to help make transformational acquisitions in complimentary businesses in Washington and Kansas, as well as purchase and expand Patterns. Following these important business combinations, Atalaya
Funds advised by Apax have reached agreement to acquire EveryAction from Insight Partners (Insight) and Social Solutions from Vista Equity Partners (Vista). The two companies will be combined with CyberGrants, which was recently acquired by the Apax Funds, to create a provider of next-generation Software-as-a-Service (SaaS) solutions to the social good ecosystem.
The combined company will have an enterprise value of USD2 billion, making it the largest M&A transaction in the history of the social good software sector. Vista will maintain a stake in the combined business.
The combination of EveryAction, Social Solutions and CyberGrants will allow the three
Local government pension schemes are increasingly choosing more expensive alternative investments, including private equity and infrastructure, which is raising the overall fees they pay to asset managers as pension funds seek out higher returns, diversification benefits, and lower investment risk.
Portobello Capital has acquired a majority stake in Legálitas, the largest tech-enabled, Spanish language legal services provider.
Together with Portobello, the current management team, led by Luis del Pozo, will also invest in the company.
Legálitas, which generated more than EUR50 million euros in revenues in 2020, has delivered a strong track record of growth reaching an annual increase of 20 per cent in the customer base and over 25 per cent compounded annual revenue growth for the core legal assistance segment, consolidating its unique business model in the current market environment.
Founded in 1999 and headquartered in Madrid,
Maven Capital Partners (Maven), has invested a further GBP500,000 in GENinCode, a genetic testing company specialising in the risk assessment and prediction of cardiovascular disease.
This funding package comes as the company completes its IPO, raising an additional GBP17 million gross and listing on AIM with a market capitalisation of GBP42.2 million.
Maven’s most recent investment in GENinCode follows the GBP3.4 million funding round which Maven co-led in July 2020 and is an illustration of the continued support which Maven provides for its portfolio businesses. Having invested GBP1.5 million in that previous funding round, this latest package brings Maven’s total
An affiliate of Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, is to acquire L3Harris Technologies’ (NYSE:LHX) Electron Devices and Narda Microwave-West divisions. The agreement is subject to customary closing conditions and regulatory approvals.
After closing, the Company will operate independently as Stellant Systems (Stellant) and will be a standalone platform for Arlington in the defence electronics market. The transaction is occurring in partnership with current L3Harris Electron Devices’ leadership, who upon close are expected to continue to operate and lead the Company.
The Company is a market leading provider of RF amplification products for the space, electronic
NavigatorCRE, a commercial real estate data analytics SaaS platform, has completed a GBP12.5 million Series A funding round led by Fulcrum Equity Partners.
Also including participation by existing investors, the round paves the way for the Seattle based start-up to now enter the UK commercial real estate market.
NavigatorCRE has been one of Seattle’s fastest growing startups, with offices in Seattle, Los Angeles and Dallas and a client roster of some of the largest commercial real estate operators in the USA. The company intends to double its size and revenue over the next year, and has set a goal for
Bamboo Capital Partners, the asset management arm of Palladium, has committed to deploy USD1 billion of impact investments over the next three years.
Ridgemont Equity Partners, a middle market private equity investor, has made an investment in Sparus Holdings (Sparus), a provider of outsourced field and professional services for utility and industrial customers.
Financial terms of the transaction have not been disclosed.
Sparus and its subsidiaries, Southern Cross and The Spear Group, provide a complementary suite of field and professional services to customers across utility, industrial, and pharmaceutical end markets. The Company’s technology-enabled service offering includes: gas line inspection and leak detection, utility metering services, utility locate services, project management and delivery, owners’ representation, and other related professional services. Subsequent to Ridgemont’s acquisition
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
