Allocations
EQT’s EQT IX fund (EQT Private Equity) has agreed to acquire PRO Unlimited Global Solutions Inc (PRO Unlimited), a specialist in contingent workforce management solutions, from funds managed by Harvest Partners, LP and its affiliates (Harvest Partners) and Investcorp.
Following the close of the transaction, EQT Private Equity will be the majority shareholder and the existing PRO Unlimited management team will continue to operate the business.
PRO Unlimited was established in 1991 to assist large companies in managing their contingent workforce to better attract specialist talent seeking a more flexible work solution. The Company’s integrated solutions have grown to
Columbia Pacific Business Finance (CPBF), a fully capitalised fund providing direct financing to emerging growth and middle market companies, has provided a USD9.5 million term loan to CGL Holdings, owner of Chicago Grade Landfill in San Luis Obispo County, California.
CGL Holdings will utilise the funds provided by CPBF to refinance existing debt on the non-hazardous municipal waste landfill and recycle centre and distribute proceeds to parent company Allos Environmental.
“The Chicago Grade Landfill has been serving the surrounding area for five decades, and we expect its business fundamentals to remain strong well into the future,” says Trent Stedman,
Causeway, a provider of enterprise and cloud software solutions to the construction and infrastructure maintenance industries, has secured a GBP120 million investment to fund strategic acquisitions and accelerate its organic growth strategy to digitally connect the construction supply chain through further development of its cloud platform.
This investment follows a period of strong and consistent growth at Causeway, resulting in an earnings compound annual growth rate of 31 per cent since 2015, driven by increased industry adoption of digital solutions and acquisitions that have broadened its product portfolio.
Five Arrows Principal Investments, the European corporate private equity arm of
Exeter Finance LLC, an indirect auto finance company, has entered into a definitive agreement to be acquired by an investor group led by Warburg Pincus from funds managed by Blackstone. Terms of the private transaction have not been disclosed.
Exeter is a rapidly growing tech-enabled indirect auto lender, with a managed loan portfolio of more than USD7 billion. The company underwrites, purchases, services and securitises retail installment contracts from more than 11,000 auto dealers and 475,000 customers nationwide. Exeter has leveraged its extensive automobile finance industry knowledge to deliver leading-edge technology and financial solutions to more than one million customers.
Taurus Private Markets, a Pennsylvania based private equity firm, has held the final close of Taurus Private Markets Fund, LP with USD112 million in capital commitments.
The fund secured capital commitments from a diversified investor base including public pension plans, Taft Hartley plans, and family offices.
“We are incredibly fortunate to have received such strong support from both the institutional investor and investment consultant communities. We are pleased to be starting a long-term partnership with these great investors,” says Kevin Campbell, Co-Founder and Managing General Partner of Taurus Private Markets.
Taurus Private Markets invests in value-oriented, lower middle market
CVC Capital Partners VIII has agreed to acquire a majority interest in Rayner, the global ophthalmology business from Phoenix Equity Partners, the UK growth-focused private equity firm, for an undisclosed amount.
Rayner is a manufacturer and developer of innovative intraocular lenses (IOLs) and associated pharmaceuticals. The Company’s products deliver sight-restorative implants and treatments to patients during cataract and refractive surgeries. Operating from their state-of-the-art headquarters in Worthing, UK, the Company, which developed the world’s first IOL in 1949, now makes these and other products available to patients in over 80 countries, through its subsidiaries and distribution networks, to improve the
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in Ablatus Therapeutics for the Low Carbon Innovation Fund 2 (LCIF2). The investment of GBP85,000 is part of an overall round which could reach GBP1.5 million.
Ablatus Therapeutics is developing Bimodal Electric Tissue Ablation (BETA), an innovative improvement over existing tissue ablation techniques, in order to offer greater clinical options and to improve patient outcomes.
The company was founded in October 2015 and is the first spin-out from the Norfolk and Norwich University Hospital, where the BETA technology was invented. BETA is a form of tissue
Acrew Capital and Mubadala Capital have invested USD29.5 million in a Series A financing round for San Francisco-based health and wellness platform Paceline, which rewards its users for exercising with financial incentives.
The round was led by Acrew Capital, with participation from Mubadala Capital along with existing investors, and the firms will aim to guide the platform’s expansion and support scale amid growing consumer demand, according to the company.
Fitness-technology app Paceline will specifically use the fresh capital to build out its team as the company expands their rewards program, and intends to extend the rollout of a full embedded financial platform later this
Online flowers and gifts delivery specialist Floward has raised GBP19.8 million (USD27.5 million) in a Series B funding round led by STV with participation from Impact46.
Established in 2017 by Founder and CEO Abdulaziz B Al Loughani, Floward is a fully-fledged e-commerce solution that offers prime fresh-cut flowers coupled with gifts and products from local and international brands with same day delivery. This fragmented sector has traditionally been largely dominated by brick-and-mortar shops with almost no presence online, giving Floward the opportunity to become the market leader in the MENA region.
Floward has earned a leading market position in the
Global private markets firm Partners Group, on behalf of clients, has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community solar and battery storage across the US.
Dimension is focused on originating, developing, financing and operating community solar and battery storage facilities across the US and has developed a deep pipeline of over 180 projects totalling over 800 MWs of solar capacity, and over 800 MWhs of battery storage across eight states. Dimension’s projects will serve residential, commercial, and industrial subscribers from the local community where the projects are
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm