Allocations
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has agreed terms for a strategic partnership in which Cairn Capital will acquire and merge with Bybrook Capital (Bybrook), a specialist distressed credit manager based in London.
Bybrook, established in 2014, is focused on absolute value stressed/distressed debt and special situations in Europe and has established an outstanding track record since inception. Bybrook currently manages approximately USD2.5 billion on behalf of top tier international institutional investors. Through this transaction, Mediobanca will reaffirm its majority shareholder position with a stake of c64 per cent while the remaining 36 per
Bestport Private Equity (Bestport), and Ethos Partners (Ethos) have solc Nu-Heat (Holdings) Limited (Nu-Heat) to Polypipe Group (Polypipe) for a cash consideration of GBP27 million.
Nu-Heat is the leading supplier in the UK of sustainable underfloor heating solutions, air and ground source heat pumps, and other renewable heating systems.
The company was acquired through an MBO backed by Bestport and Ethos in May 2017, and the business has experienced strong turnover and margin growth in the last three years. Polypipe was attracted to Nu-Heat due to its market leading position with a product set complementary to the Group’s existing portfolio
Fecon, a portfolio company of LFM Capital, has acquired the Vermeer forestry mulcher product line and established a global distribution agreement with the company.
This distribution agreement with Vermeer, which will be rolled out on a controlled basis throughout 2021, will provide their dealers access to the robust line of mulching equipment that leverages the best of Vermeer and Fecon mulching technology. This distribution strategy leverages the scope and size of traditional Vermeer dealerships by focusing on market segments with differentiated product needs. Blending the learnings and engineering expertise of both teams provides dealerships and customers with products that are
DW Healthcare Partners (DWHP) a healthcare-focused private equity firm, has completed its investment in Parnell Pharmaceuticals Holdings Ltd (Parnell).
Founded over 50 years ago in Australia, Parnell is a fully integrated manufacturer and developer of animal health pharmaceuticals focused on the US market.
“Parnell has an attractive position with an FDA approved manufacturing facility dedicated to animal health drugs with a particular focus on sterile injectables,” says Eric Moore, Principal at DWHP. “Alan and Brad have done a great job building a quality and compliance culture at the Company and over the last three years have dramatically transformed the organisation.
The International Volleyball Federation (FIVB) and CVC Capital Partners Fund VII have launched Volleyball World, a new partnership which will drive innovation, growth and investment in volleyball around the globe.
Volleyball is the fourth most popular sport globally, with more than 800 million fans and high participation, across attractive markets, including Italy, Brazil, Japan, Poland, China and the US. Volleyball was the most watched sport at the 2016 Rio Olympic Games, with 2.6 billion viewer hours globally.
Volleyball World will become the commercial entity for the sport around the world, initially for FIVB and aiming at working later alongside other
Priority Power Management (Priority), an independent energy management services and consulting firm backed by Ara Partners, has acquired Satori Energy Solutions (Satori).
The transaction creates a leading nationwide provider of energy services with significantly enhanced service offering, broadened geographic footprint, and industry expertise.
Satori, headquartered in Chicago, Illinois, was one of the first energy service firms to emerge after deregulation and today provides industry-leading expertise and service to more than 55,000 industrial, municipal, and residential clients in 25 states and the District of Columbia, Canada, and Mexico.
The company’s capabilities span the spectrum of Energy Structuring and Market Intelligence
Research by regional mid-market private equity firm YFM Equity Partners (YFM) has revealed a growing focus on culture and working practices, rather than simply valuation, after almost a year of interrupted working and repeated lockdowns.
The survey polled over 120 entrepreneurs, advisers and dealmakers across the UK in December, and showed that the primary consideration for boards looking for VC and growth funding was the investors’ approach to working (48 per cent), closely followed by their cultural fit with investors (45 per cent), whilst the financial terms, once the dominant consideration, came in as the third most important criteria, only
Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, has sold MB2 Dental, a dental partnership organisation (DPO) with a doctor-centric ownership model. Terms of the deal have not been disclosed.
Headquartered in Dallas, Texas, and serving patients in 24 states, MB2 is a leading DPO offering general dentistry services, orthodontics, peadiatrics, prosthodontics, and periodontics. MB2 employs a unique partnership model through which affiliated dentists enjoy the clinical benefits of a private practice and the infrastructure, compliance, marketing, and purchasing advantages of a traditional dental service organisation. Drawing on the energy of its highly engaged
CAPZA, an independent management company and leading player in private investments in European SMEs with EUR4.82 billion of assets under management, has appointed Guillaume Basquin and Frédéric Chiche as Partners and Co-Heads of CAPZA Expansion, a fund dedicated to investments in French mid-cap companies.
The fund has already begun investing in order to support the French economy and back the rebound of mid-cap companies, with its two initial investments in Béton Solutions Mobiles and Sogetrel.
CAPZA Expansion was created following the envelope entrusted to CAPZA in May 2020 by AXA France to help rebuild French local economic activity and foster
Millbrook Healthcare (Millbrook), a portfolio company of Cairngorm Capital Partners (Cairngorm Capital), has acquired Ross Care Limited (Ross Care).
The acquisition creates a national group with market leadership within the outsourced wheelchair and community equipment services sector.
Established in 1949, Ross Care is a major provider of wheelchair services and mobility equipment on behalf of NHS and local authorities. In addition to its community equipment service, Ross Care is the largest provider of wheelchair repair contracts in the UK. Headquartered in Wallasey, Ross Care has 18 service centres including four wheelchair clinical assessment centres across the north and north west
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
