Allocations
Global private equity firm CVC Capital Partners (CVC) has acquired a majority interest in Health action company Icario, through the CVC Growth Partners II fund.
Financial terms of the investment, which will be used to fuel Icario’s next phase of growth, have not been disclosed.
Having rebranded earlier this year following the merger of market leaders Revel and NovuHealth, CVC will now help Icario accelerate its business roadmap as it continues to build innovative solutions for its customers, which include many of the most trusted health plans in the United States.
“Icario’s proprietary technology, data science, and behavioural
Acronis, the global specialist in cyber protection, has received more than USD250 million in a funding round from CVC Capital Partners VII and other investors.
Acronis will use the funds to further accelerate growth by expanding its unique portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to further enhance Acronis’ go-to-market initiatives by expanding its broad partner network – most notably managed service providers (MSPs) – to help them better serve the cyber protection needs of their clients. The investment values the company at more than USD2.5 billion.
“Acronis’ talented
Arrowpoint Advisory has advised Ascenti Health (Ascenti), a technology-led disruptor in the UK physiotherapy and mental wellbeing markets, on its sale to bd-capital partners (bd-capital).
Ascenti started in 1996 as a small rehabilitation business helping victims of motor accidents recover from injury, and through organic growth and a series of acquisitions over the last 20 years has grown into the UK’s leading independent network of physical wellbeing services serving individuals, corporates, insurance companies, private medical insurers, and the UK government. Ascenti’s market-leading digital proposition is the only ‘end-to-end’ technology in the market. These systems, developed in-house by Ascenti, provide effective
CVC Capital Partners (CVC), a global private equity and investment advisory firm, and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, have reached an agreement with BlueFocus Intelligent Communication Group for CVC Capital Partners Asia V and CDPQ to acquire a majority stake in its international group of agencies, managed under its subsidiary, BlueFocus International.
This comprises its three main agency groups: We Are Social, fuseproject, Vision7 International which includes Cossette, Cossette Media, Eleven and Citizen Relations, among others.
This agreement will create a digital-first, technology-enabled global advertising and marketing services group of companies. This
One Equity Partners (OEP), a middle market private equity firm, has agreed to acquire the North American operations of AMECO, a full-service provider of construction equipment, scaffolding, small tools management and total site solutions, from Fluor Corporation for USD73 million.
Headquartered in Greenville, SC, AMECO provides construction projects with full lifecycle management of their asset optimisation and craft workforce support needs from consultative pre-bid estimates, to site services and ongoing site maintenance support. AMECO serves capital construction project owners, contractors and ongoing plant operators in the chemical, power, energy, life sciences and advanced manufacturing sectors across the US and Canada.
For the first time in history, global venture investments surpassed USD100 billion in Q1 2021. According to the research data analysed and published by Sijoitusrahastot, worldwide VC funding in Q1 2021 rose by 94 per cent YoY to USD125 billion. During the period, two unicorns on average were created daily, raising the quarterly total to 112.
In this week’s podcast, Priya Karkar, investor relations representative at secondaries-focused firm Kline Hill Partners, talks about fundraising in the ‘new business normal’ and how LP sentiment regarding committing to private funds has evolved since the onset of the global pandemic more than a year ago.
By Sam Gilbert-Ward, business analyst, Pollen Street Capital – Looking to the future, post-Covid, the success of ESG impact investing can be secured by championing three key pillars. First, building ESG into the culture of organisations, supporting initiatives with the resource it deserves. Second, establishing best practice. And third, going beyond reporting, focusing on the actual impact and celebrating successes.
Pillar one – Build the culture
As with any change in a business, culture is key. Until ESG is embedded throughout the business it can get stuck as a collection of well-intentioned efforts that struggle to deliver impact. In the second
KGAL Investment Management GmbH & Co KG has continued to strategically expand its presence in the Polish renewable energy market with the 27 MW Rywald project, its third Polish onshore wind farm.
“Central and Eastern Europe and Poland in particular offer attractive risk-return profiles in both wind energy and photovoltaics (PV). Poland, a country heavily reliant on coal, has a huge need for additional renewable energy capacity, which our institutional investors can benefit from as part of a strategic portfolio addition,” explains Michael Ebner, Managing Director of KGAL Investment Management and responsible for the infrastructure asset class. “We are currently
Independent non-alcoholic spirits brand Lyre’s, has completed a seed-plus funding round valuing the business at over GBP100 million.
This milestone has been achieved in under 24 months of trading, during which time Lyre’s has become the most widely distributed non-alcoholic spirits brand – now available in 43 countries – generating double-digit monthly revenue growth with annualised sales on course to exceed GBP35 million by the fourth quarter of this year.
Lead institutional investors introduced in this funding tranche – Lyre’s third round since inception – include US-based Morgan Creek Capital Management (early-backers of Alibaba, SpaceX, Lyft, Drizly NinjaVan and Allbirds)
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm