Allocations
Private equity firm Genstar Capital has completed the sale of Worldwide Facilities (Worldwide), the fourth-largest wholesale insurance broker in the US, to Amwins Group (Amwins), a global distributor of specialty insurance products and services.
Worldwide acts as a value-add intermediary between retail insurance agencies and specialty insurance companies and creates innovative insurance solutions for emerging risks and exposures. The company wrote nearly USD2 billion in gross premiums in 2020 and has experienced double digit growth for the past five years. Founded in 1970, the company is headquartered in Los Angeles and has over 35 offices across the US
Worldwide
Ancala Partners, an experienced investor in critical mid-market infrastructure, is to make a substantial further equity investment into Portsmouth Water, a regulated water business in the UK, to fund construction of the Havant Thicket Reservoir and support other growth projects.
Alongside the additional funding, Portsmouth Water has signed a sustainability-linked financing package with ING, NatWest and Siemens to fund the reservoir project. The financing package features a margin-based incentive linked to Portsmouth Water’s performance against environmental and social targets such as water leakage, supply interruptions, carbon reduction, biodiversity and affordability, actively integrating ESG metrics into the company’s financing strategy.
Vision Ridge Partners, an alternative asset manager focused on sustainable real assets, has closed its USD1.25 billion Sustainable Asset Fund III (Fund III). The Fund held its final close just four-and-a-half months after commencing fundraising. Fund III initially targeted USD1 billion of commitments and drew interest beyond the USD1.25 billion hard cap.
“The speed, size and high-quality LP base of our fundraise speaks to increasing investor interest in aligning their portfolios with the transition to a sustainable real economy,” says Reuben Munger, Vision Ridge’s managing partner. “Sustainable investing is no longer a niche strategy that investors want to add
Sentinel Capital Partners (Sentinel), a private equity firm that invests in promising lower midmarket companies, has recapitalised TranSystems, a leading provider of engineering, architectural, and design consulting solutions for US transportation end markets. Terms of the deal have not been disclosed.
TranSystems plans, inspects, designs, and provides related services to some of the most complex transportation infrastructure projects in the US. With more than 750 highly skilled engineers and technical employees working from 30 strategically located offices, the company serves a diverse client base across both the public and private sectors, including government, freight, transit, aviation, and intermodal end markets.
JPIN Venture Catalysts Ltd (JPIN VCATS), India’s specialist co-investor network has partnered with a cohort of investment leaders as part of a USD13 million raise for Chingari, a global innovator in mobile entertainment.
The social media start-up serves as India’s homegrown short-form video app; progressing onwards from the raise, the company is set to scale as a steady disruptor to its Chinese equivalent, TikTok. Indicative to both the investor appetite for video content social media platforms, and the raise capacity of its backers, JPIN VCATS – and some large UK family offices from their network – have committed USD1
GPD Companies, Inc (GPD), an affiliate of One Rock Capital Partners, LLC (One Rock), has completed the previously announced acquisition of Distrupol, a leading European distributor of thermoplastics to the polymer processing industry, from Univar Solutions Inc (NYSE: UNVR). Terms of the transaction have not been disclosed.
Distrupol will become part of GPD, a global holding company for value-added plastics distribution entities including Nexeo Plastics. Under GPD’s ownership, Distrupol and Nexeo Plastics will continue to operate as independent entities and brands and be led by their existing management and commercial teams.
“We welcome Distrupol to the GPD family and look
Carey Olsen’s corporate team in Jersey has advised Digital 9 Infrastructure plc, a newly established Jersey listed fund, on its initial placing and offer for subscription and placing programme.
Raising gross proceeds of GBP300 million, the ordinary shares of Digital 9 Infrastructure have been admitted to trading on the Specialist Fund Segment of the London Stock Exchange (LSE) Main Market. The company will invest in a range of digital infrastructure assets, including subsea and terrestrial fibre, data centres, tower infrastructure and small cell networks.
Following its admission to trading, Digital 9 Infrastructure has confirmed the GBP160 million acquisition of
A subsidiary of Ares Management Corporation (Ares) (NYSE: ARES) has has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc (NYSE: BSIG) and Landmark Investment Holdings LP to acquire 100 per cent of Landmark Partners, LLC (collectively with its subsidiaries, Landmark), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry.
The transaction is valued at USD1.08 billion, including approximately USD787 million in cash and approximately USD293 million in Ares Operating Group Units, in each case subject to certain adjustments.
With 150 employees
Medtanken, a leading primary care group in Western Sweden and a portfolio company of Procuritas Capital Investors VI (Procuritas), has successfully executed a bolt-on acquisition of Kvarterskliniken to further expand the group.
This acquisition comes soon after Procuritas invested in and partnered with Medtanken, which was formed through the recent merger of Medpro and Omtanken.
Medtanken has a vision of delivering and enhancing quality primary care provision in Sweden and to develop digi-physical solutions which will increase accessibility and patient satisfaction.
With its passion for building strong sustainable businesses through transformational growth, Procuritas partnered with Medtanken to facilitate
Baseimmune, an early-stage UK biotech startup, is combining big data and biological expertise to predict how viruses will change and identify ‘future-proof’ antigens that will form the crucial elements of the next generation of vaccines.
In order to further the development of its platform and start pre-clinical development in the lab, Baseimmune has secured a GBP685,000 investment, led by European university VC fund, Creator Fund, and includes Mike Watson, ex-president of Moderna’s infectious disease spin-out with the support of Vaccitech and Oxford University. Maki VC and Rockmount Seed Investments also joined the round.
Baseimmune’s technology delivers plasticity into these vaccines
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
