Allocations
Equita Capital SGR, the alternative asset management company of Equita Group, and Cordusio SIM, the wealth management boutique of the UniCredit Group, have launched Equita Smart Capital – ELTIF, a private equity and “alternative” PIR fund which will invest in Italian small and medium enterprises (SMEs).
The strong expertise of Equita as asset manager and the ability of Cordusio SIM – who has supported Equita Capital SGR during the structuring phase of the product and who will act as first distributor of the Fund – to offer to its clients innovative solutions beneficial for the Italian economy will both
Berenson Capital, a sector-focused private equity practice investing in Software and Technology-enabled Services businesses, has acquired video collaboration and telehealth solutions provider Interactive Digital Solutions (IDS). Terms of the transaction have not been disclosed.
IDS is a leading provider of cloud-based video communications solutions to enterprises, healthcare systems and government entities. For more than 20 years, IDS has been helping their customers leverage next-generation solutions to facilitate communication and collaboration between all stakeholders. A premier element of IDS’s portfolio of solutions is their proprietary virtual patient observation platform, MedSitter.
IDS developed the MedSitter platform in 2017 to help healthcare systems
Entities, clients and funds managed by its affiliates of Apollo Global Management (the Apollo Funds) have committed to invest up to USD500 million in senior secured credit facilities originated by Victory Park Capital (VPC), a global investment firm with an extensive track record in asset-backed credit origination for emerging and established companies.
The new lending relationship between the Apollo Funds and VPC will focus on asset-backed lending (ABL) to companies that aggregate third-party sellers on Amazon and other e-commerce sites. VPC is a first mover in providing credit facilities to the industry’s leading players in this emerging, high-growth market. With this
Precisely, a global specialist in data integrity software, backed by Clearlake Capital Group, LP (together with its affiliates, Clearlake) and TA Associates, have agreed to acquire process automation and master data management software provider Winshuttle from Symphony Technology Group (STG). The announcement follows the completion of Precisely’s acquisition of data governance software provider Infogix earlier this month. Terms for both deals have not been disclosed.
In Winshuttle, Precisely is acquiring comprehensive process automation and master data management software for managing, moving and validating large data volumes spanning multiple systems of record, including SAP ERP, and requiring the highest levels of
The Decarbon8-US Fund, an impact investment vehicle established by the E8 cleantech angel investor community, announced a new Request for Proposal (RFP) for climatetech companies focused on decarbonising the transportation sector. Applications for investment to the Decarbon8-US process are due by June 21, 2021 for priority consideration and July 9, 2021 at the latest.
The world is not moving fast enough to reduce greenhouse gas emissions. While a recent PwC report noted the rapid growth of cleantech investment over the last seven years, with further acceleration seen in 2021, new data from the National Oceanic and Atmospheric Administration show that
CloudNine, a provider of eDiscovery automation software simplifying litigation, investigations, and audits has announced the closing of a major funding round led by Denver based, private equity firm, Crest Rock Partners (Crest Rock). Terms of the transaction were not announced. Steve Johnson and Jeff Carnes, partners and co-founders of Crest Rock will join the CloudNine Board of Directors.
Audax Private Debt, as Administrative Agent and Sole Lead Arranger, has provided a unitranche credit facility to support the acquisition of Summit Spine & Joint Centres (Summit) by MSouth Equity Partners (MSouth), an Atlanta-based private equity firm.
Based in Lawrenceville, GA, Summit is an operator of ambulatory surgery centers and pain management clinics in the greater Atlanta area. Summit provides interventional pain management treatment to patients who suffer from chronic pain symptoms.
“Dr Patel and his team have done an outstanding job building Summit into a leading provider of interventional pain medicine by offering comprehensive, patient-focused treatments,” says Rahman Vahabzadeh,
GCM Grosvenor, a global alternative asset management solutions provider, will seek to upsize its Term Loan by USD85 million to enable the repurchase of certain fund investments and rights to future carry associated with Mosaic (collectively, the Mosaic Assets).
Based upon values as of March 31, 20211, GCM Grosvenor will repurchase assets and carried interest at net asset value of approximately USD238 million (consisting of fund investments valued at USD87 million and unrealized carried interests net asset value of USD150 million) and rights to additional future carried interest associated with USD423 million of carry dollars at work, for an
Investment management company Everwood Capital, through its Fund V, and renewable energy multinational the Prodiel Group, have teamed up to create DVP Solar, a company focusing on developing large-scale photovoltaic projects.
This new firm, in which each of the two companies holds a 50 per cent stake, has been started with the goal of providing a comprehensive response, throughout the value chain, for international growth of photovoltaic solar power, focusing particularly on the leading European markets and selected Latin American markets.
DVP Solar Chairman Ángel Haro says: “DVP Solar is backed, on the one hand, by the
Build-to-rent and PBSA investor Amro Partners has launched a venture capital arm in order to invest in proptech and fintech start-ups that are looking to solve pain points in property deal processes.
Amro’s first investment is in the residential property transaction platform Coadjute, which digitally connects buyers, sellers and professional parties on a single network.
Using blockchain technology, Coadjute is an open network which seeks to allow all parties involved in a property transaction to share information and documents through their existing software, cut costs, reduce the risk of fall-throughs and speed up the process of buying and selling homes.
Following three pilots, Coadjute will use this
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
