Allocations
Aurelius Equity Opportunities (Aurelius) is to acquire Pullman Fleet Services from Wincanton. With a particular focus on heavy goods vehicles (HGV) in the UK, Pullman Fleet Services (Pullman) will complement Aurelius-owned Rivus Fleet Solutions (Rivus) which has an offering for light commercial vehicles (LCVs).Headquartered in Doncaster, Pullman Fleet Services is the UK’s largest independent provider of commercial fleet management and maintenance, with a focus on heavy goods vehicles. Pullman has a strong reputation and track record for excellence, throughout 35 years of providing a reliable, flexible and quality service offering, and will be further supported under the ownership of Aurelius.
Chiltern Capital (Chiltern) has completed a buy-out of Inciner8 Limited (Inciner8), a designer and manufacturer of incinerators for a range of applications across the waste management industry including medical, municipal and animal. Inciner8 supplies incinerators to a range of customers including corporate, government and non-governmental organisations.
Based in Southport, Inciner8 was founded in 2003 by Vince Ferguson OBE, who will be exiting the business at completion.
Chiltern has taken a majority stake in the company and will play an active role in supporting the management team to build on Inciner8’s successful growth track record and develop additional revenue streams. As part
Downing Ventures has completed a USD35 million Series B funding round in Ayar Labs as co-lead investor.
Ayar Labs is a Deep Tech organisation that is solving semiconductor interconnect (I/O), bandwidth and power bottlenecks by moving data using light, with its TeraPHY monolithic in-package electronic/photonic chiplet-based solution. The result is a vast improvement in bandwidth, bandwidth density, latency and power consumption across a wider distance.
The round was co-led by Downing Ventures and BlueSky Capital with additional funding provided by Applied Ventures LLC, Castor Ventures and SGInnovate (Singapore) in addition to existing investor participation from Founders Fund, GLOBALFOUNDRIES, Intel
Governance is perhaps the least talked about component of ‘ESG’, but is based on concepts of fairness, transparency and accountability that form the basis of good corporate governance.
Pappas Capital’s portfolio company, VelosBio Inc (VelosBio), is to be acquired by a subsidiary of Merck for USD2.75 billion in cash, subject to customary adjustments. The exit is amongst Pappas Capital’s most successful in its 25-plus-year history.
VelosBio is a clinical-stage biopharmaceutical company committed to developing first-in-class cancer therapies targeting receptor tyrosine kinase-like orphan receptor 1 (ROR1). Pappas Capital first invested in VelosBio in 2018 as part of the Company’s USD58 million Series A financing. Encouraged by the strong potential of VelosBio’s novel therapies for difficult-to-treat cancers, Pappas Capital subsequently participated in the Company’s USD137 million Series B financing in
Nordic Capital is to acquire BearingPoint’s Regulatory Technology business, RegTech, a provider of software solutions for regulatory reporting. BearingPoint will continue to serve as a strategic consulting partner and will retain a minority stake in the Company.Founded over 25 years ago, RegTech is today firmly established as a leading European provider and market leader in Germany, Austria and Switzerland. RegTech’s flagship products are used by more than 6,000 reporting firms including banks, insurance companies, supervisory authorities and financial services providers. RegTech is headquartered in Frankfurt am Main, Germany, and has 17 offices across 10 countries with a total workforce of
The Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange, has struck a deal with Globacap, a specialist in automating private capital markets, to launch a private placement platform for billions of dollars worth of infrastructure projects across Africa.
ClearCourse Partnership (ClearCourse) or “the Group”), a group of innovative technology companies providing useful, integrated software solutions, has acquired The Swan Group (Swan), a provider of retail management software. Swan becomes the 21st company to join ClearCourse, adding to the Group’s EPOS, CRM, and eCommerce capabilities.
Founded in 2003, Swan has built a reputation as one of the UK’s leading software providers for businesses operating in the retail and hospitality sectors. The Swan Group has several brands, including Swan Retail, which cater to retailers such as furniture stores, garden centres, department stores and sports stadiums. Some of the large UK
Galgus, a startup which specialises in research and development of wireless network technologies, has successfully completed a, investment round led by GED Capital (through its fund Conexo Ventures) and Mundi Ventures, with the additional participation of GoHub Ventures, Global Omnium’s corporate venturing arm, and Wayra, Telefónica’s open innovation hub.
IFM Investors’ new private equity Growth Fund has made its first transaction, taking a significant minority interest in Zuuse, a global provider of construction payment management Software as a Service (SaaS) solutions to the USD1 trillion global construction and building operations sector. Zuuse is headquartered in Melbourne, Australia and operates under the Payapps brand in Australia, New Zealand and the United Kingdom, and GCPay in North America.
Co-founded by Lincoln Easton and Geoff Tarrant, the company commercially launched Payapps in Australia in 2016. Zuuse now has more than 70 employees and over 21,000 clients around the world.
The company has grown
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
