Allocations
Chicago-based private equity firm CORE Industrial Partners (CORE), has sold Prototek Holdings (Prototek), a rapid prototyping service provider, to Snow Phipps, a middle-market private equity firm.Founded in 1987, Prototek manufactures CNC machined and fabricated parts and components across both metal and plastic materials with a specialty in difficult and complex parts. Prototek serves a diverse customer base across a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, telecommunications, and general industrial. Based outside of Boston with additional facilities in Milwaukee and Silicon Valley, the Company conforms to a variety of rigorous customer and industry standards and holds
Enhanced Healthcare Partners (EHP), a healthcare-focused private equity firm specialising in middle-market healthcare services businesses, has made an investment in NeuroPsychiatric Hospitals (NPH), a provider of integrated healthcare for patients with acute psychiatric disorders and complex medical and neurological disorders.Founded in 2006, NPH utilises an integrated model of care supported by an interdisciplinary team of healthcare practitioners to ensure the diverse needs of each of their patients are addressed. Unlike the traditional hospital emergency room or a psychiatric care facility where the clinical staff is not equipped to care for patients with both psychiatric and medical issues, NPH’s clinical staff
Global private equity investor Advent International has completed fundraising for Advent Latin American Private Equity Fund VII (LAPEF VII) with USD2 billion in commitments from institutional investors worldwide.The new fund brings Advent’s total capital raised for Latin America since 1996 to approximately USD8 billion—the most of any private equity firm operating in the region. Including its Global Private Equity IX and Advent Tech funds closed last year, Advent has raised USD22 billion in private equity capital in the last 16 months.
“LAPEF VII is a testament to our strong track record in Latin America, established over six generations of funds
HIG Capital has closed of HIG Capital Partners VI with aggregate capital commitments of USD1.3 billion, well exceeding its target. The Fund will continue the strategy of HIG’s five predecessor lower middle-market funds, by making private equity investments in lower middle market companies, primarily in North America.
Sami Mnaymneh and Tony Tamer, HIG Co-Founders and Co-CEOs, say: “We are grateful for the continued support from our longstanding investors, reflecting the strong performance and differentiated investment approach of our lower middle market strategy throughout the course of HIG’s 27-year history.”
Doug Berman, Head of HIG US Private Equity, adds: “The current economic
Mirabaud Asset Management’s private equity vehicle, Mirabaud Patrimoine Vivant fund, has acquired a stake in the Alain Ducasse Group – which has shone as a beacon of excellence in French culinary prowess and art de vivre for more than 30 years.Michelin-starred chef, Alain Ducasse, founder and CEO of the group, was one of the first in the industry to make naturalness the key ingredient in nourishing French cuisine. His move to bring in new shareholders is aimed at steering his group toward manufacturing and distribution. The continued momentum of the Alain Ducasse La Manufacture de Chocolat and La Manufacture de
DealCloud, provider of a single-source deal, relationship, and firm management solution for capital markets firms, has expanded its Nordic business with the addition of 10 new clients in the region including Argentum Asset Management, GRO Capital, FIH Partners, FSN Capital, Intera Partners, Nordea Asset Management, and Summa Equity.“GRO Capital has selected DealCloud as the best system to support digitalisation of our operations,” says Lars Dybkjær, Managing Partner at GRO Capital. “We are very pleased with both the implementation process as well as the strong functionality of the system and it is clear that DealCloud has deep PE sector expertise.”
“DealCloud
Fibre optic and cabling technology specialist Lumenisity Limited has closed a GBP7.5 million funding round from a consortium of investors, including a GBP5 million investment from BGF, and GBP2.5 million from Parkwalk, an investor in UK university spinouts.The company’s existing industrial strategic investors have also supplied significant additional funding.
Lumenisity develops and manufactures advanced cable solutions to address the need for high speed transactions and bandwidth increases in high capacity communications systems.
Hollowcore fibres, where light propagates in an air containing core formed by microscopic capillaries, are long recognised as the next stage of advancement in fibre optic cable technology.
Presteigne Broadcast Hire (PBH), supplier to the TV studio and worldwide live broadcast market, has secured a GBP3 million working capital and refinance package from ThinCats, an alternative lender to mid-sized SMEs.PBH was founded in 1991 and bought by management with backing from funds managed by NVM Private Equity in 2016. It operates from bases near Gatwick Airport and in Warrington, providing a range of technical production solutions from dry hire supply to the full turn-key provision of portable production units with engineers for many prestigious events including the Boat Race, European Football Championships, FIFA World Cup and Rugby World
Border to Coast Pensions Partnership (“Border to Coast”), has secured GBP1 billion of commitments to Private Equity investments as it continues to develop new investment opportunities for its eleven local government pension schemes, which collectively have assets of cGBP46 billion.
Border to Coast has completed GBP500 million of private equity investments from its first offering (Series 1A) in line with expected timescales. The portfolio consists of nine investments with high quality managers providing exposure to Border to Coast’s targeted themes within Private Equity.
Border to Coast has also secured a further GBP485 million of commitments from eight Partner Funds to
One Equity Partners (OEP), a middle market private equity firm, is to sell Simplura Health Group (Simplura), a provider of high-quality home care services for the elderly and disabled, to Providence Service Corporation (: PRSC).
Through its subsidiary, Logisticare, Providence Service Corporation is the nation’s largest manager of non-emergency medical transportation programmess.
The sale of Simplura will result in the successful realisation of OEP’s 2016 investment in the market-leading provider of non-medical home care services. Headquartered in Valley Stream, New York, the Company employs over 15,000 professionals, including 14,300 direct caregivers from a network of 57 locations in seven states
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
