Allocations
Gryphon Investors has acquired the ServiceNow division of The Acacia Group’s portfolio company, Highmetric. Acacia retains a minority investment in the company as part of the transaction.
Since the Highmetric brand goes with the Gryphon acquisition, the remaining company has rebranded as MajorKey Technologies. Acacia will continue to build MajorKey as a market leader amongst its investments in technology product and services companies delivering cloud-enabled digital transformation for commercial and government clients.
Acacia first acquired The Column Group in May 2019 and completed two bolt-on acquisitions before unifying the company under the Highmetric brand earlier this year. Over that time, the
Rockbridge Growth Equity Management (Rockbridge Growth Equity) has held a final closing on RB Equity Fund II, and RB Equity Fund II-A (collectively Fund II), a new USD345 million private equity fund.
Fund II will focus on digital media & e-commerce, tech-enabled products & services, financial services and consumer services, sectors in which Rockbridge Growth Equity has extensive investment experience and access to strategic relationships.
Fund II follows Rockbridge’s successful Fund I, a secondary vehicle that was raised in 2019. Fund II benefited from a significant increase in commitments from existing investors and from a blue-chip group of new investors.
Astorg has completed its EUR1 billion-plus financing to acquire a majority stake in Corialis.
The acquisition has been financed through an Environmental, Social and Governance (ESG)-linked syndicated term loan B placed with institutional investors in the European leveraged loan markets, the first of its kind for an Astorg-backed company.
Sustainability and ESG are at the heart of Corialis’ business model: through its material of choice, aluminium, Corialis has developed an exceptional product range that benefits from best-in-class sustainability features with ESG being embedded in the whole production processes – the logistic needs are minimal thanks to Corialis’ single-roof business model,
Mid market private equity firm MidOcean Partners (MidOcean) has sold its majority investment in The Planet Group (Planet), one of the world’s leading diversified professional services organisations.
Planet will be merging with ProPharma Group (ProPharma), a portfolio company of Odyssey Investment Partners. Financial terms of the transaction were not disclosed.
MidOcean invested in Planet in January 2018, and since that time, Planet has grown significantly, entered new markets, and executed accretive acquisitions that drove strong financial and operational performance. Under MidOcean’s stewardship, Planet successfully acquired and integrated IT Works Recruitment, Interactive Business Systems, NDA Partners, and WinterWyman among other strategic
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning (Sila) by investment funds managed by Morgan Stanley Capital Partners (MSCP).
Sila Heating & Air Conditioning, Inc was founded in 1989 and is headquartered in King of Prussia, PA.
Sila provides a wide range of HVAC services in the North-eastern and Mid-Atlantic United States, servicing customers from New Hampshire to Virginia, including replacement, service, and maintenance, as well as plumbing and water treatment services.
Palamon Capital Partners (Palamon) has partnered with the management team of IDH Group (IDH) to enter into a binding share purchase agreement to acquire The Carlyle Group’s (Carlyle) shareholding and the shares held by the other minority shareholders in the Company to become the sole equity sponsor.
The transaction is expected to complete in the third quarter of 2021 following receipt of the necessary regulatory approvals and will be accompanied by a full refinancing of the Company’s third-party borrowings.
Palamon has been a long-term investor in IDH, having originally acquired the business in 2011 in partnership with Carlyle. The transaction
The Pro’s Closet, a destination for certified pre-owned bikes, e-bikes, and components, has closed a USD40 million Series B funding round led by The Chernin Group with participation from existing investors Foundry Group, Edison Partners, and Ridgeline.
This funding announcement follows 2021 Q1 sales that doubled from 2020. The Pro’s Closet’s revenue has more than quintupled, and the company expects to double in size again in 2021
This new round of investment will cement The Pro’s Closet’s position as the only scaled marketplace that works with every bike brand in the world. The funds will also allow
BGF – the UK and Ireland’s most active growth capital investor – has reported record-breaking results and surging growth in its 2020 Annual Report and Accounts.
Despite the Covid-19 pandemic, BGF actively maintained its risk appetite to keep supporting the economy and backed 61 companies in 2020, investing a total of GBP384 million during the year. This represented an 11 per cent increase on the previous year, and in the first quarter of 2021 an increase of over 100 per cent on the same quarter in 2020. In total for 2020, GBP262 million went into new companies across a
VTB Capital has led a USD250 million investment round in IVI, a Russian online cinema and streaming service, and is now one of the company’s largest shareholders.
The funds raised will be used to further expand the company’s content offer and production, as well as the further development of its advanced IVI technology platform and marketing efforts.
Yuri Soloviev, First Deputy President and Chairman of the VTB Management Board, says: “Our country has the largest Internet user base in Europe, which is why digital transformation and the transition of businesses to being online creates huge opportunities for dynamic companies
EQT Ventures has led a EUR5 million seed funding round into Vev – a visual editor for content creators to build and launch interactive websites.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
