Allocations
CRUX, a British-Israeli startup that has developed the world’s first Knowledge Quantification platform, has announced a GBP1 million seed investment round led by WENVEST Capital, the B2B SaaS venture capital firm, and includes A-Round Capital and Founders Factory. With an overwhelming volume of information on both publisher and corporate platforms, CRUX’s groundbreaking deep tech supports digital media companies, financial services firms and management consultancies in helping users become more informed and more engaged. CRUX creates unique knowledge journeys around any topic, by measuring users’ knowledge build-up in real time, and directing users to the most valuable content for them.
CRUX uses
The Private Equity Team has advised long-standing client GTT Communications, a specialist in the provision of cloud networking services, on the sale of its infrastructure business to I Squared Capital for USD2.15 billion. The acquisition is expected to close, subject to satisfying all required regulatory approvals and contingencies included in the agreement, during the first half of 2021.
The infrastructure division of GTT Communications consists of the business and activities of providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers.
I Squared Capital is an independent global infrastructure investment management firm focusing on energy,
BHI, a full-service commercial bank, says its Specialty and Sponsor Finance Group continued to maintain a high level of activity for new and existing clients during the peak of the global pandemic.
Kris Ring, debt finance equity partner at Goodwin Procter in Santa Monica, on the relationship between PE firms and direct lenders during the pandemic, the ways this downturn has been different to previous downturns, how the upcoming election will impact business in the US, and what a potentially contested election result could mean for market volatility.
Aurelius Equity Opportunities SE & Co has agreed to acquire GKN Wheels & Structures from GKN. The transaction is expected to complete in November and is conditional on receiving anti-trust approval.GKN Wheels & Structures is a manufacturer of off-road wheels and an engineering solutions provider. The company employs c900 people worldwide with four manufacturing facilities in the UK, USA and Denmark in addition to test centres in Italy and the USA. In 2019, GKN Wheels & Structures generated global sales of over GBP170 million, demonstrating the company’s eminent position as a market leading supplier to the global agricultural, construction, automotive,
Vast Broadband (Vast), a provider of gigabit-speed broadband, video, and phone in South Dakota and Minnesota, is to be acquired by GI Partners, a US-based investor in data infrastructure businesses, in partnership with industry veteran Rich Fish. GI Partners will support the company and its employees to continue providing world-class service to communities throughout the region.
“Vast is committed to providing its customers with access to the most reliable, high-speed broadband connectivity available,” says Fish, incoming CEO of Vast Broadband. “As a native of the Great Plains, I am thrilled to partner with the local employees at Vast to bring
Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, is to acquire Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health for USD575 million. For over 45 years, Nutrisystem’s clinically proven plans have helped millions of people lose weight safely and effectively. Nutrisystem provides a balanced and clinically proven approach to weight loss with portion-controlled foods specifically designed to meet consumer needs that are conveniently delivered directly to customers’ doors. The Company’s portfolio of entrées, snacks, and shakes is complemented by various live counselling options, including trained weight loss coaches, registered dietitians and certified
Funds managed by CapVest Partners (CapVest), an international private equity firm, have agreed to acquire Datasite Global Corporation (Datasite), a global Software-as-a-Service (SaaS) provider across the deal lifecycle.
Sustainable investments specialist Earth Capital has extended equity ownership of the business and reshaped its European investment team as demand for impact investment soars, driven principally by increasing concerns about climate change.Stephen Lansdown and Gordon Power, co-founders of Earth Capital, have invited the senior team of Phil Culver Evans (CFO), Richard Burrett (CSO) and Neil Brown (CRO) to all become shareholders, whilst remaining majority owners themselves.
Earth Capital, which invests globally in the development and deployment of clean sustainable technology, has also increased its investment in Earth Capital Europe (previously known as Si Capital), majority owned by Sebastian Waldburg
Prometheus Group, a global provider of asset management operations and optimisation software, has acquired Utopia Global, a data solutions company known for its end-to-end data quality, data migration and data governance solutions.Utopia Global (Utopia) was co-founded in 2003 by Arvind J Singh (CEO) and Narinder J Singh (COO). The company is a specialist in enterprise data management software solutions and services that enable organisations to analyse, correct, enrich, and govern their data.
Many of Utopia’s software offerings are listed on the SAP price list and sold by SAP globally as Solution Extensions to their master data governance solutions, including the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
