Allocations
Guernsey-based 1818 Venture Capital has made a substantial equity investment in Level, a UK-based and FCA regulated lender within the family and private client law sectors, and set up a dynamic new debt facility for the company, representing a combined total investment approaching GBP20 million.
Since its launch in 2017 Level has become the UK’s top ranked lender in the family law sector according to Chambers & Partners, the world’s leading provider of legal research and analysis. Level unlocks future liquidity for clients and law firms in family law proceedings, probate, and other related matters. This allows clients to access
Inovia Capital has held the closing of its second growth fund with USD450 million in committed capital.
The fund, which saw strong support from existing and new investors, will invest in tech-focused growth-stage companies in industries such as financial services, healthcare, commerce, the future of work, and travel. The closing of this fund brings Inovia’s total capital under management to over USD1.5 billion.
Growth Fund II is built on the proven track record of our first growth fund, a USD400 million fund announced in February of 2019, and will continue investing in innovative, globally-minded companies primarily in Canada, but also
FlowStone Partners has exceeded USD100 million of assets under management (AUM) in the FlowStone Opportunity Fund. The 1940 & 1933 Act registered investment vehicle was launched in August 2019 to provide qualified high-net-worth and smaller institutional investors with diversified exposure to private equity through an actively managed secondary-focused strategy.
For funds with this strategy and structure, the FlowStone Opportunity Fund is among the quickest to pass the USD100 million threshold.
FlowStone’s investment team has more than 65 years of combined private equity secondary and primary investment experience. The Fund is continuously offered, allowing investors to decide when to allocate, which
Equita, an independent Italian investment bank, has held an additional closing of Equita Private Debt Fund II (EPD II), the PIR compliant Italian closed-end fund managed by Equita Capital SGR.
The new phase of EPD II’s fundraising closed with EUR31.5 million of commitments and involved four institutional investors, including a leading Italian insurance company and a major domestic pension fund. New investors’ commitments added to the EUR100 million raised in September 2020, allowing Equita to confirm EPD II’s target of EUR200 million (EUR250 million hard cap).
Andrea Vismara, Chief Executive Officer at Equita, says: “We are pleased that additional outstanding
Citizens M&A Advisory has served as the exclusive M&A advisor to Tube Processing Corporation in its sale of its Commercial Tube Processing Division (CTP) to Nelson Global Products, a portfolio company of Wind Point Partners.
Established in 1974, CTP is a manufacturer of complex, high-performance tube assemblies, metal fabrications and precision weldments for OEMs in a diverse set of end markets including on-highway, off-highway, construction and military durable equipment. Tube Processing Corporation has been run by George Seybert and his family since 1939. CTP’s new state-of-the-art facility, located on Fortune CircleWest in Indianapolis, is a testament to the Seybert family’s
ICV Partners, LLC, an investment firm focused on lower middle market companies in business services, consumer goods and services, food and beverage, and healthcare, has made a majority investment in Cherry Tree Dental (Cherry Tree), in partnership with Co-CEOs Steve Sorrel and Jack Young.
Cherry Tree Dental is a general dentistry provider in Wisconsin that employs a proven acquisition and office consolidation strategy dedicated to small, one or two-dentist practices. Founded in 2006 and based in Madison, Cherry Tree is the largest independent general dentistry provider in Wisconsin, operating 28 locations in 10 markets. Cherry Tree’s offices are supported by
Funds advised by BC Partners, an international investment firm, are to to acquire a majority stake in Davies, a specialist professional services and technology business serving the global insurance market.
The terms of the transaction have not been disclosed.
Davies delivers professional services and technology solutions across the risk and insurance value chain, including claims, underwriting, distribution, regulation, customer experience, human capital, digital transformation and change management. It currently employs over 4,000 people supporting more than 800 clients around the world, and in recent years has expanded into new markets including Bermuda, Canada and the US. Through a
The latest Autotech M&A market report from Hampleton Partners, the international technology mergers and acquisitions advisor, reveals how two of the three largest autotech transactions during the second half of 2020 were led by “special purpose acquisition companies” (SPACs).
The largest acquisition in Autotech was by Gores Metropoulos’ acquisition of Luminar Technologies for USD3.4 billion in August 2020, after which it listed the company on the Nasdaq. Luminar Technologies provides advanced long-range, high resolution lidar and perception systems to enable safe autonomous transportation.
The third largest acquisition was by SPAC Thunder Bridge, which acquired “system-on-chip” manufacturer Ay Dee Kay, now
Goldner Hawn has sold Applied Products (Applied Adhesives), a manufacturer and distributor of adhesive products and thermal product solutions in North America, to Arsenal Capital Partners (Arsenal). The terms of the transaction have not been disclosed.
Applied Adhesives is a comprehensive provider of adhesive solutions for the packaging, paper converting, graphic arts, bottle labelling, product assembly, and woodworking industries. The company is a value-added distributor of hot melt, water-based, and reactive adhesives as well as dispensing equipment. Applied Adhesives serves as a critical supply chain partner to leading adhesive manufacturers and formulators by offering reach and high service levels to
Ares Management Corporation (Ares) has held the final closing of its Ares Pathfinder Fund, with USD3.7 billion in total commitments. The Fund was significantly oversubscribed at its hard cap and exceeded its original target of USD2.0 billion.
Pathfinder is managed by Ares’ Alternative Credit team, which pursues a differentiated strategy of providing tailored financial solutions for owners of large, diversified portfolios of assets that generate predictable and contractual cash flows throughout market cycles. Pathfinder is the team’s flagship global Fund that invests in alternative credit assets that are often sourced in the financing gaps found between the credit, private equity
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm