Allocations
Nordic Capital has held the first and final close of its first Evolution Fund at just over EUR1.2 billion (including GP commitment of 6.8 million per cent). Launched in April 2021 and raised in only three months, the Fund was substantially oversubscribed at its hard cap and significantly exceeded its target.
With the Evolution Fund, Nordic Capital will build on its long and successful investment experience in the mid-market, applying its value creation model to a broader size range of mid-market companies in its selected sectors and geographies, leveraging its own expertise and extensive expert networks.
Focusing on control buyouts,
Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, as provided a unitranche loan to HPI Group, a Netherlands-based producer of plastic products for varying end markets.
The company focuses on added-value, often co-developed, niche products with either specific technological or product critical requirements. Key product examples are paint testers, capped juice bottles for self-service and technical plastic products with specific designs for industrial applications. HPI is continuously emphasising the usage of monomaterial and is perfectly positioned to work with 100 per cent recycled raw materials thanks to the set-up of its machine park, contributing to
Digital training platform Virti has raised USD10 million in a Series A funding round to further its goal of improving human performance using world-class interactive technology.
The round was led by deeptech investors IQ Capital and joined by Cedars-Sinai Medical Center and a new, UK-based learning technology VC fund.
Launched in 2018 by Dr Alexander Young – an NHS trauma and orthopaedic surgeon – Virti helps organisations optimise learning, training and performance using interactive simulations and AI-powered data analysis. The technology turns traditionally subjectively-assessed skills (such as communication, teamwork and decision-making under pressure) into objective and measurable data to improve
Polaris is to sell ProData Consult to Axcel after three years of ownership and strong progress driven by solid organic growth and several acquisitions in Norway and Sweden.
The ambition of creating a Scandinavian market leader with a leading nearshoring-as-a-service function in Poland has been realised, and ProData Consult is strongly positioned for European expansion under new ownership.
Since Polaris’ investment in ProData Consult in 2018, the company has generated average annual growth of 26 per cent and increased the number of active consultants on assignments for client by 20 per cent to some 3,000. In 2019, ProData Consult acquired
Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio, a company with an end-to-end portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace.
“This is in line with our strategic focus to grow organically and through acquisitions in the advanced manufacturing space, with special focus on industrial software close to component manufacturing, industrial metrology- and additive manufacturing solutions. Cambrio will enable a broadened customer offering, covering more of the total manufacturing value chain,” says Stefan Widing, President and CEO of Sandvik.
Sandvik’s strategic ambition is to provide customers with software solutions
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Plumbing Heating Paramedics LLC (PHP).
The deal is an add-on investment to Riverside’s platform, Threshold Brands, a multi-brand franchisor of trade services concepts.
With plans to begin franchising the concept immediately, the acquisition also marks the company’s entry into plumbing and HVAC franchising. PHP represents the sixth company added to the Threshold Brands platform, which has more than 400 locations in North America.
Founded in Indianapolis, PHP is a founder-owned and operated company providing HVAC system repairs, HVAC system replacements, plumbing
Partners Group has agreed to acquire a 24.9 per cent equity stake in Apex International Corporation (Apex), a globally integrated logistics solutions provider, on behalf of its clients.
Upon closing of the transaction, Partners Group will join majority shareholder Kuehne+Nagel Group, one of the world’s leading logistics companies, with a seat on the Apex Board.
Founded in 2001 and headquartered in Hong Kong and Shanghai, Apex is one of Asia’s leading freight forwarders, especially on the transpacific and intra-Asia trade routes. The Company has around 1,600 employees across 41 locations globally. In 2020, Apex generated turnover of USD 2.4 billion,
Gresham House Energy Storage Fund plc, the UK’s largest fund investing in utility-scale battery energy storage systems (BESS), has signed contracts for the acquisition of a further 425MW of projects from Gresham House Devco Limited (the current pipeline) of which 275MW are proceeding into construction with commissioning targeted for Q1 2022 and the remaining 150MW will be built subject to funding and other conditions.
The acquisition fully commits the equity funds raised in November 2020.
In addition to the current pipeline, the company has expanded its exclusive pipeline by a further 427MW (the subsequent pipeline). The Company’s intention is
AURELIUS has successfully closed its acquisition of SSE Contracting Limited (SSEC) from SSE Plc in a complex carve-out of the multi-disciplinary Mechanical and Electrical (M&E) contracting business for an enterprise value of GBP27.5 million.
As a standalone business SSEC is one of the biggest M&E contractors in the UK and Ireland providing mechanical, electrical, rail, street lighting and high voltage engineering services to install and maintain key infrastructure. The transaction has been structured to be the second under the newly implemented co-investment program of AURELIUS.
Operating from its nationwide network, SSEC has around 1,900 employees and high voltage (HV)
Hybrid Apparel has completed its acquisition of Air Waves, a design and technology driven print-on-demand (POD) provider serving e-commerce and wholesale customers.
Air Waves will continue to operate in Columbus, Ohio and provide its print-on-demand and technology services to Hybrid’s retail customers and global license and lifestyle brand partners. Hybrid Apparel is a leading global wholesaler of licensed, branded and private label apparel, and portfolio company of Altamont Capital Partners.
Air Waves was founded in 1981 as a contract screen printer and developed into a modern e-commerce leader complete with print-on-demand, leading design capabilities, advanced technology integrations and drop-ship
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
