Allocations
GSSG Solar (GSSG), a solar focused renewable energy investment manager, has held the final closing of GSSG Solar Partners III (fund III), and affiliated funds with USD196 million in aggregate capital commitments.
Over 95 per cent of investors from GSSG’s previous fund made commitments to Fund III along with a marquee set of institutional investors, endowments, and family offices. The GSSG Solar team will seek to deploy the capital in Fund III through investments in late-stage solar projects located primarily in Japan, Taiwan and South Korea to generate long-term capital appreciation for our investors. Each of the fund’s target markets
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has closed a minority investment from Long Ridge Equity Partners.
Drawbridge will use the funds to accelerate product innovation, expand sales and marketing activities across North America and EMEA, and continue investing in its people, platform, and client services. The investment follows a period of dramatic growth for Drawbridge. Over 300 funds in the alternative investment industry – including hedge funds and private equity funds – with more than USD800 billion in Assets Under Management work with Drawbridge to build and maintain their cybersecurity programs.
Founded
Futurepump Ltd, a manufacturer of solar-powered irrigation pumps for smallholder farmers in Africa and Asia, has raised over GBP450,000 in one week, by selling shares to investors in over 50 countries on the crowdfunding website Crowdcube.
Futurepump says it wanted to avoid the conventional corporate venture-funding route, and instead offer their customers across the world a chance to own part of the company.
Over 750 investors have so far taken them up on the offer, supporting their drive to fund further growth and drive down the costs of getting their solar technology to rural smallholder farmers.
Founder Toby Hammond says:
Concentric Equity Partners announced the sale of Environmental Pest Service (EPS), the holding company for regional Southeast US pest control brands Arrow Environmental Services and Bug Out Service, to Rentokil North America.
The sale of EPS marks the end of a decade-long journey building a single-office, local operator into a multi-state, regional provider with 23 branches and a recognised brand for service quality. Environmental Pest Service, which ranked No15 on the 2020 PCT Top 100 list, has more than 100 years of experience in pest control, serving communities throughout Florida, southeast Georgia, metro Atlanta and central North Carolina. George Pickhardt,
Circularity Capital, a private equity firm supporting growth stage European SMEs in the circular economy, has sold its portfolio company ZigZag Global Limited (ZigZag) to Global Blue Group (Global Blue), a specialist in Tax-Free Shopping and Added Value Payment Services.
ZigZag is a multi-award-winning SaaS platform enabling retailers to reduce the costs and waste associated with returns, whilst dramatically improving and simplifying the customer returns experience and speeding up the time to refund. ZigZag grades returned products and can consolidate, refurbish, locally redistribute, recycle or even resell stock internationally.
E-Commerce return volumes are growing at 10-20 per cent per annum.
CDC Group, the UK Government’s development finance institution and impact investor in South Asia and Africa, has closed a USD20 million investment round in Ecom Express, a leading tech-enabled end-to-end logistics solutions provider to the Indian e-commerce industry.
This will be CDC’s second round of investment in Ecom Express after its initial investment in December 2019.
CDC’s latest commitment will support Ecom Express in advancing the company’s sustainable development and impact agenda of enhancing skills and boosting job creation in the Indian hinterlands. With the high demands for jobs in India, the country needs to create 8.1 million jobs
Abris Capital Partners, a private equity investor focused on Central Europe, has launched ESG Universe 2023 – a comprehensive program of environmental, social and governance initiatives that commits the firm to achieving a carbon neutral portfolio by 2025.
The strategy, which has been developed over the past three years, encompasses 17 initiatives across governance and culture, standards, education, and carbon neutrality that will set new standards in firm’s ESG best-practice. ESG Universe 2023 retains the clear goal of assisting in risk mitigation and value creation across the Abris portfolio, but at the same time includes the ambitious target of achieving a
SteelBridge Consulting (SteelBridge), a boutique services firm which provides expertise exclusively to the private capital industry, and CEPRES, an award-winning provider of investment decision solutions for private markets, have formed a strategic partnership.
Bridgepoint Development Capital has partnered with IDHL to provide a substantial investment to support the ambitious growth plans of the Harrogate-based connected agency group.
IDHL employs over 240 people and serves a nationwide customer base supporting businesses throughout the process of digital transformation. This is achieved through a connected group of specialist companies, recognised for their specific expertise but underpinned by the IDHL growth platform. Its expertise is centred principally around search engine marketing, eCommerce, web design and build, and automated email marketing.
This unique growth platform has enabled the group to rapidly evolve a number of recent complementary
Kerogen Capital (Kerogen) is to sell Zennor Petroleum Limited (Zennor) to NEO Energy Upstream UK Limited (NEO) and HitecVision for a total consideration of up to USD625 million, including deferred and contingent payments.
The transaction completion is subject to customary regulatory approvals.
Since Kerogen’s initial investment in 2015, Zennor has transformed from an early-stage exploration company into a full-cycle E&P player in the UK North Sea through successful appraisal and development of the Finlaggan field, two separate producing asset acquisitions and multiple licence awards in the offshore licensing rounds. In January 2021 Zennor and Kerogen announced its Net Zero
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
