Allocations
Buy it Direct Group, one of the UK’s largest online consumer goods retailers, has acquired hot tub and swim spa specialist, Outdoor Living, as part of its ongoing expansion strategy.
Already home to a number of leading eCommerce brands, including Appliances Direct, Laptops Direct, Better Bathrooms and Furniture 123, Buy it Direct Group has seen impressive growth in recent years, increasing its turnover by more than 20 per cent year-on-year to GBP436 million in the year ending 31 March 2021.
Established in 2003, Outdoor Living is one of the UK’s most trusted retailers of hot tubs, swim spas, saunas
Apex Group Ltd (Apex), a global financial services provider, has acquired mola-administration, one of Germany’s leading fund administrators.
This strategic acquisition establishes the Group’s local presence in Germany, supplementing its existing capabilities to serve clients in Germany and the wider European market.
mola-administration serves a range of clients, with a 10-year track record of providing fund administration services to private equity firms, venture capital, debt, special situations and digital assets funds managing EUR3.5 billion of assets.
By joining the Apex Group, mola-administration’s client base will benefit from access to the Group’s single-source solution which includes locally delivered services across
Global private equity firm, CVC Capital Partners’ (CVC) Fund VIII has acquired a majority stake in Aleph, a partner to the world’s biggest digital media players.
The closing of the transaction is subject to customary conditions precedent, and is expected to occur by August 2021.
Aleph operates in over 90 markets worldwide, reaching two billion consumers. It acts as an enabler of digital advertising sales for the leading digital media platforms – such as Twitter, Facebook, LinkedIn, Snapchat, Twitch and TikTok amongst others – giving access to new and under-served markets, while providing a complete suite of services that
Cohere Capital, a Boston-based private equity firm focused on investing in tech-enabled middle market companies, has made a strategic growth investment in Kentucky-based Promevo, a provider of IT services, solutions, and software focused on Google Workspace, Chrome, and Cloud Platform (GCP) technologies.
As a Premier Google Partner, Promevo offers its clients resale, services, and solutions leveraging its proprietary management software product, gPanel. gPanel is a comprehensive management and reporting software solution which helps clients manage users, documents, reporting, automation, and security in an easy-to-use interface specifically built for Google Workspace.
The investment and partnership from Cohere will allow Promevo to
medifa healthcare group (medifa), an owner-run one-stop-shop provider of medical technology for operating rooms, has been acquired by a consortium led by Hohnhaus & Jansenberger and Cathay Capital Private Equity through its Small Cap strategy.
The transaction includes a full recapitalisation of the Company’s balance sheet.
Christian Keller, CEO of medifa, rolled his stake in the Company and remains a significant shareholder. He says: “Thanks to the commitment of both existing and new investors, medifa now benefits from a shareholder base that is wholly dedicated to continuing and accelerating the successful growth path initiated by the Company since 2015.
Arborea – which is industrialising photosynthesis to expand the world’s food supply – has completed a funding round led by BGF, alongside Rubio Impact Venturesand Volta Circle.
Arborea is a technology business that has developed a breakthrough cultivation platform for photosynthetic microorganisms for use as food ingredients and proteins. It was founded by CEO Julian Melchiorri in 2015 following his research at Imperial College London.
Global food security is an increasingly important problem driven by population growth and climate change, exacerbated by slowing crop yield improvements and dwindling availability of new agricultural land. Traditional agricultural practices will not be sufficient
Compliance & Risks, (C&R) a provider of market access and product compliance SaaS solutions, has secured a significant investment from Luminate Capital Partners, an enterprise software focused private equity firm.
Luminate will partner with CEO Joe Skulski and the C&R team to drive rapid expansion across its technology, services, client and global employee base.
Compliance & Risks’ market leading SaaS platform, C2P, enables uninterrupted market access for enterprises selling products globally by monitoring and managing key product requirements, regulations and standards in their chosen markets. The C2P platform provides the world’s most comprehensive database of legislative information, insights and
Tide, the UK’s leading business financial platform, has received just over USD100 million in Series C funding, bringing the company’s total raised to date to USD200 million. Tide is now valued at over USD650 million post-money, after only four years of operation.
The round was led by funds advised by Apax Digital, the growth equity team of Apax Partners. Anthemis, Augmentum, Jigsaw, Local Globe/Latitude, SBI, and SpeedInvest, existing investors, also participated in the round.
Tide has experienced rapid and sustained growth since launching in 2017, with 2020 seeing the business more than double its user base in the UK.
MRH Trowe an owner managed commercial lines insurance broker in Germany and a portfolio company of tech-focused mid-market private equity investor AnaCap Financial Partners, has successfully completed four bolt-on acquisitions in quick succession, following three earlier this year.
MRH Trowe offers extensive expertise in most insurance lines for both industrial and commercial customers as well as affluent private customers. AnaCap invested in MRHT as strategic growth partner in late 2020, identifying the company as a strong platform to achieve scale in the large and consolidating German market.
The latest acquisitions underpin the strategic roadmap aimed at expanding capabilities in specialist
Founded in 2012 by Jay Lucas and Karen Ballou, LB Equity is a growth equity firm investing within the wellness, beauty and personal care brands space. The New York-based firm invests at a very early stage; when the emerging brand has hit around USD1-3 million in revenues.
The investment strategy works as a kind of reverse engineering, according to Lucas, in that they look at a strategic acquirer three years or five years down the line and at what they are going to need in their portfolio within that time frame.
“We invest at a much earlier stage than most
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
