Allocations
Private investment firm Pelican Ventures has launched Tango Specialty, a modern, commercial lines managing general agency (MGA), and appointed Greg Wolyniec as President and CEO.
Tango Specialty will establish several sizeable programs with leading underwriting expertise supported with insurance capacity partnerships that will serve the complex needs of select specialty market clients and brokers.
As part of the launch, Tango acquired V3 Insurance Partners LLC, an existing MGA focused on specialty workers’ compensation and commercial property products. V3 will continue to operate its well-known underwriting divisions and will also serve as a turn-key shared-services operating platform supporting the new underwriting
New Water Capital (New Water), a lower-middle market private equity firm, has sold Custom Made Meals (CMM), a leading US provider of fresh, handmade, oven-ready entrees, appetisers and sides for grocery retailers, to middle-market private equity firm Stellex Capital Management.
“Our goal at New Water is to support and invest in businesses with enduring value propositions,” says New Water Capital partner Jason Neimark. “We are very proud of CMM’s success, and we have every confidence the company will continue its remarkable growth trajectory and success under its new ownership.”
“As consumer demand for fresh, ready-to-cook foods has skyrocketed in recent
Global investment bank GCA Altium has acted as exclusive financial adviser to the shareholders of RideMovi, a leading player in the industry of European shared micro-mobility based in Italy, on their Series A growth financing round from Generali.
RideMovi contributes to reducing congestion, traffic and air pollution, improving the quality of life of people in the cities where it operates. The RideMovi app allows users to find, unlock, ride their preferred vehicle (bike, e-bike, e-scooter) and park it at any public parking space, giving users the freedom to move in a fast and convenient way.
RideMovi can leverage a unique
The management team at horticultural solutions and products specialist Fargro Limited has completed a management buyout (MBO) of the business, with the support of Ashridge Capital and specialist business advisory firm FRP.
Arlington Capital Partners (Arlington), a Washington DC-area private equity firm, has completed the acquisition of Triumph Group, Inc’s composites business. Going forward, the business will operate independently as Qarbon Aerospace.
Qarbon Aerospace is a provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles. The Company operates nearly two million square feet of factory space across three facilities located in Red Oak, Texas, Milledgeville, Georgia, and Rayong, Thailand. Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as proprietary thermoplastics technologies. The Company has longstanding relationships
Cherry, a portfolio company of a New York- and San Francisco Bay Area-based industrials private equity firm Argand Partners has Active Key, a Germany-based leading manufacturer of hygienic, washable keyboards and mice for medical and industrial end-markets.
Active Key is a leading brand in the development and engineering of specialist keyboards and mice that are used in medical, industrial, point-of-sale and office applications. Its product range includes keyboards that are resistant to dust and moisture, fully sealed keyboards that can be easily sanitised, programmable keyboards, and keyboards with integrated card readers. This acquisition strengthens Cherry’s position as a leading provider
A medtech start-up whose sensor technology could improve outcomes for patients having knee replacement operations has raised GBP1.4 million to bring its device to market.
Eventum Orthopaedics has secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, Mercia’s EIS funds and private investors including several world-leading orthopaedic surgeons.
Based in Ilkley, Yorkshire, the company was founded by John Naybour and Paul Atherton, who between them have almost 50 years’ experience in the field of orthopaedics and previously held senior roles with Johnson & Johnson.
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its eighth deal for the Low Carbon Innovation Fund 2 (LCIF2). The investment in geo is part of a first close of a round co-led by LCIF2 and Schneider Electric Ventures (SEV), with the participation of Consensus Business Group, West Coast Capital and GWD Enterprises.
Green Energy Options (geo) is at the heart of the home energy revolution. The company, based near Cambridge, UK, designs and manufactures devices that give homeowners better information and control over their electricity, gas and water usage, typically resulting in reduction
UK impact investor Fortunis Capital has reported a 373 per cent increase in the value of their science and tech-based fund over the last 18 months.
The Fortunis UK Impact Investment VC Fund, which invests in innovative science and tech companies that are solving global problems, surged from GBP56.5million in September 2019 to GBP211.2million at the end of February 2021, according to independent valuations conducted by one of the world’s leading accountancy firms.
This achievement puts the Fortunis UK Impact Investment VC Fund into the top 5 per cent of VCs according to statistics from 2020 (TechCrunch): 50
EkkoSense Limited (EkkoSense), an advanced software and technology provider, has received a seven-figure cash injection from the Midlands Engine Investment Fund (MEIF), East & South East Midlands Debt Finance fund managed by Maven Capital Partners (Maven).
EkkoSense will use the funding to support its rapid international expansion across North America, Europe, Asia Pacific, Latin America and Africa. To aid this new level of growth, the business is adding a high number of resources to its sales, development and operational departments.
Based at the University of Nottingham Innovation Park, EkkoSense is recognised as a global leader in the provision of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
