Allocations
Diligent Corporation (Diligent), a governance company with a platform used by nearly 700,000 board directors and leaders, across 19,000 clients, is to acquire Galvanize, a global leader in SaaS governance, risk, and compliance (GRC) software.
Financial terms of the transaction have not been disclosed.
The Galvanize transaction follows Diligent’s planned acquisition of Steele Compliance Solutions (Steele), a specialist in ethics and compliance SaaS, which the Company signed in February 2021. Both transactions are expected to close in March.
With the acquisition of Galvanize, Diligent will become the largest SaaS GRC provider. The combined solution with enrichment from Steele will
KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group.
Yellow Wood Partners (Yellow Wood), a Boston-based private equity firm focused on investing in consumer brands and companies, is to acquire the Scholl footcare brand, which operates globally outside of the Americas, from UK-based consumer-goods company Reckitt Benckiser Group (RB).
The acquisition will reunite Scholl with the Dr Scholl’s brand as one entity after 30-plus years of separate ownership. The combined business generates annual retail sales exceeding USD700 million with leading market shares in the footcare category globally.
The Dr Scholl’s brand is a category leader at major bricks and mortar and ecommerce retailers in the US. Similarly,
Wellington Management, has hired two senior investors focused on private market sustainable investing.
This additional investment in resources builds on the firm’s 14 years in climate investing, 27 years in alternatives investing and close to USD5 billion in dedicated committed capital in the private markets.
The new investors include Greg Wasserman, who brings 20 years of venture and growth investment experience across energy transformation, mobility, enterprise digitalisation, infrastructure, and fintech, the majority of which has been focused on climate solutions and sustainability, and Sean Petersen, who brings 15 years of global venture investing experience focused on climate, e-logistics, education
Maven Capital Partners (Maven) has invested GBP1 million into Fintech platform, Pockit as part of Pockit’s GBP15 million Series B funding round.
The business has secured GBP1 million funding through the North East Development Fund, supported by the European Regional Development, and GBP1.3 million via private investors, Crowdcube and the Future Fund, a government scheme backed by the British Business Bank.
Funding will allow the business to invest in its newly opened Newcastle base to deliver on its ambitious expansion plans and embark on a recruitment drive to grow its local team, creating 17 new jobs over the
Equistone portfolio company Amadys, a provider of passive network equipment solutions for utility infrastructures in the Benelux region, has established an initial market presence in Germany through the add-on acquisition of tso GmbH.
Based in Halver, in the western state of North Rhine-Westphalia, tso offers splicing and measurement technology, equipment and devices for fibre optic communications networks. The announcement follows Amadys’ recent acquisition of Dutch company Infraconcepts, announced in December 2020.
Amadys, headquartered in Brussels, provides a broad range of passive network equipment solutions for utility networks, with a focus on the telecommunications, water, gas and electricity sectors, as
EQT Private Equity, through the EQT Mid Market US fund, is to sell Innovyze to Autodesk for an enterprise value of USD1 billion.
Innovyze was established in 1996 to provide wet infrastructure software solutions. In 2017, Innovyze merged with XP Solutions to become the leading global provider of smart water infrastructure software solutions designed to meet the technological needs of water/wastewater utilities, government agencies and engineering organisations worldwide. As the largest pure-play water-focused software provider, Innovyze offers a full suite of water-focused products that span the infrastructure lifecycle. Innovyze is headquartered in Portland, Oregon and has offices in California, Colorado,
CVC Credit has further supported life sciences and diagnostics business, Calibre Scientific, by leading an incremental USD57 million multi-currency first lien credit facility to help fuel its ongoing global acquisition strategy. Calibre Scientific is owned by investment firm StoneCalibre.
CVC Credit originally provided a USD92 million multi-currency first lien credit facility for Calibre Scientific in June 2020. Since this time the company has significantly grown its top line and expanded its geographic footprint through five recently completed add-on acquisitions.
Headquartered in Los Angeles, California and founded in 2013, Calibre Scientific is a diversified global developer, manufacturer and distributor of
Axis Spine Technologies Ltd (AST) has raised GBP2.2 million in a funding round led by ACF Investors, with follow-on investment from Mercia’s EIS funds. Mercia was the first investor when Axis was founded by Jon Acros in 2017.
This is the first investment from ACF Investors’ new Delta Fund, a fast-track investment fund designed for high-potential UK businesses that have been backed by a syndicate of angel investors with deep sector knowledge.
Axis is developing the next generation of Anterior Spinal Implant technology which provides surgeons with increased correction and alignment options. Its modular devices are inserted with less
According to Investec’s latest secondaries research report, more than three-quarters, or 77 per cent, of secondary fund managers expect a return to 2018 deal flow levels within the next 12 months.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
