Allocations
Development Partners International (DPI) through its ADP III fund, CDC Group, the UK’s publicly owned impact investor, and the European Bank for Reconstruction and Development (EBRD) have joined to create a major new player in the pan-African pharmaceuticals industry.The three founding investors have committed an initial $250 million of capital that have been used to fund the acquisition and combination of Adwia Pharmaceuticals, an Egyptian generic drugs manufacturer, and Celon Laboratories Pvt, an Indian oncology and critical care specialist. The platform will leverage its manufacturing and R&D centre of excellence in India to strengthen its local manufacturing operations in Africa,
Private equity firm NorthEdge has supported the management buyout of Lights4fun, one of Europe’s leading e-commerce retailers of decorative lighting, to further expand the business’ existing market presence internationally. The direct-to-consumer Harrogate-headquartered business has been operating since 2003 and sells more than 700 decorative lighting products online, which include indoor and outdoor fairy lights, festoon lights, and seasonal lighting. The business now employs more than 40 people and generates revenues in excess of GBP20 million. With a highly efficient supply chain and logistics capability, Lights4fun sells its products online internationally across the UK, France, Spain, Italy, Germany and the US into
TELEO Capital Management (TELEO), an operationally focused private equity firm, has closed TELEO Capital at its hard cap of USD250 million.Investors in the Fund include a blue-chip roster of leading institutional limited partners, such as endowments, insurance companies, pension funds, fund of funds and family offices.
“We are honoured to welcome such high-caliber institutional investors as long-term partners, and we are grateful for their overwhelming support and confidence amidst a highly competitive fundraising market,” says TELEO Capital.
The Fund will invest in businesses based primarily in North America and Europe with a focus on special situations and corporate divestitures. In
Shore Capital Partners (Shore), a Chicago-based private equity firm, has entered into a strategic partnership with the Women’s Health Group (WHG).Led by founder Dr Stephen Volin, WHG is a leading obstetrics and gynaecology (OB/GYN) services provider with nine locations, including a midwifery practice, birthing centre, surgery centre and six clinical locations in Greater Denver. WHG is a leading practice in the Denver market, offering comprehensive medical and surgical OB/GYN services including in-office procedures, pelvic support treatment, and minimally invasive surgical techniques.
Shore Capital is partnering with WHG’s six existing partner physicians, Dr Stephen Volin, Dr Cindy Long, Dr Kristin
The lead up to the US election, and the results of it, have had and will continue to have, an impact on the global private equity industry. Here Hasib Howlader, director at the London accountants Howlader & Co, outlines some considerations on how the Biden victory, a win for the Democrat party, will affect private equity in the long run.Â
Eight Roads Ventures and London-based VC firm Balderton Capital, with participation from existing investors including San Francisco-based Founders Fund, have led a Series B equity round into digital electricity supplier Tibber.
Tibber also secured working capital funding by Nordea alongside equity, in order to support its growth. With this, Tibber has closed a total of USD 65 million in new capital.
The capital will be used for scaling up the team, as well as expanding into new markets, including the Netherlands in 2021. “For us, this means that we can continue our mission of making energy smarter at an even
Deutsche Börse AG is to acquire a majority (80 per cent) holding in Institutional Shareholder Services (ISS) in a deal that values the whole business at USD2,275 million (EUR1,925 million).Read the full story at Institutional Asset Manager…
Eurazeo Capital is to sell its stake in Iberchem, its Fragrances and Flavours portfolio company based in Murcia (Spain), to Croda, a UK Specialty Chemicals company listed on the London Stock Exchange.
BGF has invested GBP8 million into Midlands-headquartered UK Flooring Direct to support its ongoing growth ambitions.UK Flooring Direct is an online retailer supplying quality own-brand wood, laminate, and vinyl flooring direct to consumers and trade, growing from an early ecommerce pioneer, to now being regarded as a market leader in the home improvement market.
The business was set up by CEO Jason Ashby in 2005 with GBP299 to purchase a website that would form the original platform for the business. UK Flooring Direct went on to generate sales of GBP750,000 in its first year and now, 15 years later,
CenterOak Partners (CenterOak), a Dallas-based private equity firm, has formed CollisionRight, a regional multi-shop operator of auto repair services in the central United States. CenterOak’s investment will provide capital to support the growth of the newly formed entity. Terms of the transaction have not been disclosed.
CollisionRight, headquartered in Columbus, Ohio, provides auto body collision repair services through a recently established network of 20 facilities located in Ohio, Kentucky and Michigan. CollisionRight differentiates itself through a passion for quality repair work, backed by heavy investment in state-of-the-art equipment, facilities, technician training and auto manufacturer certifications. CollisionRight shops repair over 20,000
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
