Allocations
DigitalEd has secured a growth investment from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.
DigitalEd provides a SaaS-based digital learning platform called Möbius, focusing on science, technology, engineering and mathematics (STEM) education. PSG is DigitalEd’s sole outside investor. Financial terms were not disclosed.
DigitalEd was founded in 2018 with a simple and resonant mission – to shape the world through digital learning. DigitalEd provides individual learning, in a shared world, allowing students to acquire knowledge at a guided, self-defined pace. DigitalEd currently supports over 300 educational institutions worldwide, administering over 20 million tests and
Coller Capital and Ping An Overseas Holdings has closed one of the world’s largest private credit secondaries transactions for a credit portfolio managed by Ping An, together with its subsidiaries – the main offshore investment and asset management platform of Ping An Insurance Company of China.
The deal will close on 30th July 2021. Following the closure of the transaction Ping An will continue to manage the portfolio, which consists of four flagship credit funds managed by blue-chip North American and European managers.
The portfolio is highly diversified, covering 400 positions in more than 250 companies and spread across a
Lonsdale Capital Partners (Lonsdale), a private equity firm focused on the lower mid-market, has completed the sale of Cross Rental Services (CRS) to Elysian Capital LLP and Company Management, creating a significant return for Lonsdale, the founding shareholders and management.
This comes in the same week that Lonsdale announced the sale of Charles Cameron & Associates, bringing its total number of exits this year to four.
CRS is a provider of Refrigeration & Catering and Climate Control rental equipment to blue-chip customers across a diverse range of end markets, including retail, manufacturing and facilities management. It was established in
Elysian Capital III has, in conjunction with the existing management team, acquired Healthfull Holdings Group Limited (parent of Wholebake Limited) from Bridges Fund Management.
This represents the second investment in the last month from the Elysian Capital III LP Fund which closed in September 2020 at GBP325 million.
Founded in 1984, Wholebake is the UK’s leading manufacturer of healthy gluten-free snacking products. Based in Chester, with two BRC AA-accredited production facilities situated in North Wales, Wholebake’s current portfolio includes a variety of product types including weight management, sports nutrition, toddler snacking, healthy indulgence, vegan-friendly, digestive health and mainstream better-for-you
KB Associates (KBA), a professional services firm advising investment funds and asset managers, has completed its acquisition of EFG Fund Management, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group (EFG).
The transaction was agreed in February 2021 and has now been completed after receiving regulatory clearance.
KBA specialises in the provision of management company, governance and compliance services to investment funds and asset managers. Founded in 2003, Dublin-headquartered KBA also has offices in London, Cayman Islands, Malta and now Luxembourg. KBA has over 80 consultants and works with over 250 asset management
Stephen Crystal, Founder of SCCG Management, has completed an agreement with Sowbhagya Shetty, CEO of Berlin, Germany based Data Sports Group (DSG), for a strategic consulting and business development in the US media markets.
DSG provides highly accurate and consistent data for a wide number of traditional sports and esports events. Media publishers can unlock new commercial opportunities and revenue streams while readers get access to well-structured and compelling sports sections that bring editorial together with data & insights.
Crystal says: “We are excited to be able to bring this powerful suite of content and analytics for traditional sports and
Palatine-backed Construction Testing Solutions (CTS), a provider of construction consulting and testing services, has completed the acquisition of Silkstone Environmental Limited (SEL), a multi-disciplined consultancy specialising in minerals and waste management planning & permitting, site investigation, environmental monitoring and surveying.
Based in Sheffield, Silkstone Environmental employs 12 staff and operates across the UK. Founded in 2000, the company is a well-established planning consultancy and environmental monitoring business providing a variety of solutions to the quarry, landfill and civil engineering sectors. The deal continues CTS’ ambitious growth strategy and follows the acquisition of CGL Limited in November 2020, and Nicholls Colton Group
GCA and Houlihan Lokey, the global investment bank, have entered into a definitive agreement under which Houlihan Lokey will commence a tender offer to acquire GCA.
Under the terms of the agreement, which has been unanimously approved by the GCA Board of Directors and the Houlihan Lokey Board of Directors, Houlihan Lokey will commence a tender offer on 4 August, 2021 to acquire all outstanding shares of GCA.
Houlihan Lokey is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the
High Bluff Capital Partners (High Bluff), supported by various alternative investment funds managed by FS Investments, is to acquire Church’s Chicken, one of the world’s largest quick service chicken restaurant chains, from FFL Partners.
Subject to customary closing conditions, the transaction is expected to be completed during Q3 of 2021.
Based in Atlanta and founded in 1952, Church’s has more than 1,500 locations in 26 countries and international territories. Demonstrating considerable resiliency in the face of a devastating global pandemic, the brand in 2020 leveraged its strengths in family meals, digital offerings, delivery and to-go orders to post a strong
Gen II Fund Services (Gen II), an independent private equity fund administrator, has acquired Stone Pine Accounting Services (Stone Pine), a Denver-based provider of private equity fund administration, tax and investor services.
Terms of the transaction have not been disclosed.
Founded in 1998, Stone Pine provides tailored services to a variety of private equity fund structures. The addition further enhances Gen II’s service offerings, expands the firm’s footprint in the Western US, and increases its headcount to more than 750. Significantly, the acquisition brings Gen II’s assets under administration to more than USD600 billion.
Led since 2009 by its co-founders,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
