Allocations
BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has sold Franco Signor, a provider of Medicare Secondary Payer (MSP) compliance solutions for self-insured companies, insurers, and third party administrators, to data analytics provider Verisk.Franco Signor will become part of Verisk’s Claims Partners business, another leading provider of MSP compliance and other analytic claim services.
Franco Signor, headquartered in Bradenton, Florida, is a full-service provider of MSP compliance software and outsourced services. The Company’s customers rely on Franco’s deep domain expertise, robust integrated technology platform and flexible reporting
Global law firm Dentons has advised the management of Idealista on the EUR1.32 billion sale of the company to EQT, a Swedish-based global investment company. Headquartered in Madrid, Idealista is the leading online real estate classifieds platform in Southern Europe, and operates in Spain, Portugal and Italy.
The sellers were Apax Partners and Idealista’s management. Under the terms of the transaction, EQT will acquire majority ownership, while Idealista’s management will continue to lead the company and will reinvest in it.
The transaction is expected to close by the first quarter of 2021, subject to regulatory approvals in Spain, Italy and
Gridiron Capital portfolio company Colibri Group (Colibri), an education company with brands that provide learning solutions to licensed professionals, has acquired HomeCEU, a specialist in continuing education for healthcare professionals with a focus in therapy professions.“We are committed to helping healthcare professionals manage and advance their careers by providing high-quality courses and learning experiences,” says Mike Duran, Chief Executive Officer of Colibri Group. “HomeCEU is a well-respected brand in healthcare education and the addition of their depth of expertise in therapy professions allows us to continue to build and expand our leading offering in healthcare education.”
HomeCEU will join
Lafayette Mittelstand Capital has acquired 100 per cemt of Jurchen Technology in a Carve-Out Transaction from BELECTRIC Solar & Battery.Jurchen Technology is the only company on the market to offer both mechanical components of the substructure and the matching electrical DC cabling from one source. The company specialises in large-scale solar plants, including this year a project in India (250 MW AC) and the Limondale project in Australia (249 MW AC).
Jurchen’s patented PV ‘PEG’ substructure offers lowest material consumption, shortest plant construction times, and lowest capex requirement by its Solar Plant Customers. Together with PV Cable systems Jurchen offers
Investment flows between Guernsey and the United States are growing, according to new research commissioned by the island’s government.Guernsey-domiciled funds saw a capital flow of GBP43 billion into the US in mid-2019, with a third of that figure originating in that country. More than two-thirds of that figure was invested in private equity. US investors backed Guernsey-domiciled funds with GBP43.6 billion, more than GBP33 billion of which was invested globally, particularly Europe.
In mid-2019 the net asset value of Guernsey-domiciled funds under management and administration in Guernsey was GBP227.7 billion.
Rupert Pleasant, Chief Executive of Guernsey Finance, says:
Siepe, a provider of technology, data and analytics, has closed a Series A funding round led by a group of high net worth individuals.
Siepe will use the proceeds to expand its cloud-based Software as a Service (SaaS) and IT infrastructure service offerings, grow its executive team and increase sales and marketing investment. The investment comes at a time of increased demand for robust cloud-based technology, especially as asset managers address the growing challenges of remote work environments.
In addition to Siepe’s recent appointment of Brian Shearer as Chief Product Officer, the Company has hired former Abacus Group director, Darrell
Willo, a Scottish tech start-up that allows users to easily interview people on video at scale, has raised a GBP250,000 seed round from Guernsey-based VC 1818 Venture Capital and board members.The significant funding will allow the Glasgow-based video interviewing software company, which has grown at least 80 per cent each month since April, to grow the company further internationally, begin a recruitment drive for 24 members of staff and advance product development.
The Willo platform is already used in more than 60 countries across the globe. Prior to the pandemic, 95 per cent of the business was recruitment but
When it comes to finding value in Europe, private fund funds have a large mosaic of investment opportunities to consider, given the jurisdictional, regulatory and market differences across the 27 EU member states (which now does not include the UK).
Paris-based Yotta Capital Partners held the first closing of its Yotta Smart Industry fund at EUR101 million at the end of July, targeting a final amount in excess of EUR120 million.
Institutional investors, including Bpifrance and the European Investment Fund, are the main investors in the fund, as well as private investors from the field of industry and finance. Nathalie Balland at Syperus Finances acted as advisor on the fundraise.
The fund will focus on French industrial SMEs to assist them in their transition towards the so-called fourth industrial revolution megatrend, becoming “more competitive, more international and more carbon efficient,”
Neuberger Berman has held the close of the NB Specialty Finance Fund (NBSF), an alternative credit offering, with over USD300 million of committed capital from a global investor base that includes insurance companies, pension funds, asset managers, RIAs, and family offices. The Fund’s objective is to complement more traditional private debt strategies by seeking to generate attractive current income via short duration transactions. Fintech companies are often at the centre of the group’s efforts and direct relationships. The group generally targets investment partnerships primarily focused on consumer and small business related receivables and structures the transactions through a mix of forward
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
