Allocations
Align Capital Partners (ACP) has acquired Electronic Transaction Consultants Corporation (ETC) from Italian parent company Atlantia SpA. Headquartered in Texasm, ETC is an specialist software and services provider of electronic tolling technology and smart mobility solutions.
Founded in 1999, ETC serves electronic tolling agencies by providing back office and roadside services through its next-generation, modular software platform. The Company’s proprietary software utilises artificial intelligence (AI) technology and big data to meet unique tolling and transportation needs at a lower cost to the customer.
“We are looking forward to working with a growth-oriented partner who wants to further invest in our technology
Industry Ventures an investment firm focused on the venture capital market, has held the final closing of Industry Ventures Direct II, with total commitments of USD180 million. The Fund will continue the same strategy of making direct investments into early- and mid-stage technology companies alongside 80 seed and early-stage fund managers backed by the firm.
Industry Ventures has previously invested into more than 100 technology companies directly and through dedicated co-investment funds (SPVs). Seven of these companies have completed IPOs, specifically: Datadog, Fastly, Guardant Health, Instructure, Lifelock, Uber and Yeahka. Another seven of these companies have achieved private valuations of USD1
Infinedi Partners (Infinedi), a private equity firm focused on long-term partnerships with founder-owned businesses, has completed its second investment – Cultural Experiences Abroad (CEA).
CEA is the fourth largest provider of study abroad educational programs for US university students in foreign countries. In 2019, the company provided study abroad and internship abroad programs for over 4,800 students in 22 cities across 14 countries, representing more than 300 sending universities.
Brian Boubek, Founder and CEO of CEA, says: “Our Partnership with Infinedi will allow CEA to fully support our U.S. university partners during this time of disruption in international education. We
UK-focused primary buyout specialist Kester Capital has closed its latest fund, Kester Capital II, at its hard cap of GBP90 million within a nine month fundraising period.
Kester Capital was advised on the fundraising, which was oversubscribed, by placement agent Elm Capital and Travers Smith, who provided legal advice. Investors in the fund include both new and existing UK, continental European and US institutional investors.
Kester’s second fund will invest in UK SMEs requiring institutional capital for the first time, with a focus on healthcare, business & financial services and TMT, as these sectors experience high growth at the moment,
Carey Olsen’s corporate team in Guernsey has advised Tembo Capital (Tembo) on the launch of its latest fund, Tembo Capital Mining Fund III (Tembo Fund III), which has a fundraising target of USD300 million.A Guernsey closed-ended investment scheme, Tembo Fund III will follow a similar investment strategy as Tembo’s first two funds and invest in high quality, undervalued assets owned by mid-tier and junior mining companies. These opportunities may include exploration ventures, near term production ventures, royalties, operating mines, infrastructure of metals and mining projects, and services associated with the metals and mining sector.
Working alongside onshore counsel Macfarlanes,
Independent Iberian management company GED Capital has invested, through its Conexo Ventures fund, in SimpleCloud, a leading company in the transformation of the animation, video game, advertising and special effects industries. This startup, founded in 2008, and backed by Inveready, Caixa Capital Risc y CDTI, offers a global platform based on the cloud for the management and creation of digital content focused on companies and also has one of the most powerful tools created for teleworking.
Conexo will use its proven international expansion formula to accelerate the growth of SimpleCloud in the US market, where Covid-19 pandemic is accelerating the
Lafayette Mittelstand Capital has take a 51 per cent stake in the newly formed Acquisition Company REAL General Contracting Holding GmbH jointly with the future CEO, Michael Betz who holds 49 per cent of the shares. REAL General Contracting GmbH Holding is the Acquisition Company that acquired all assets via an Asset Deal from insolvent REAL Innenausbau AG, a leading Interior Office and Shop Designer, from Insolvency Administrator Marcus Winkler with effective date as of July 1st, 2020. REAL’s design and production Team with approx. 80 FTE is based in Külsheim, Bavaria and services renowned blue-chip customers across a wide range
Astorg is to sell Surfaces Group (Surfaces) to TA Associates. Headquartered in Cenate Sotto, Italy, Surfaces Group is the world leading supplier of abrasive tools and consumables used in the manufacturing process of high-end materials.The Group’s products are used to smoothen, cut and polish high-end ceramic tiles, stone slabs, glass panes and metal objects. Surfaces’ primary industrial, commercial and R&D operations are spread across seven locations in Northern Italy. The company has also established subsidiaries in the United States, Spain, Portugal, Brazil, Turkey, Russia and India and employs more than 500 people globally.
Pierluigi Dinelli, CEO of Surfaces Group, says:
Eurazeo received A+ in each of the four assessment categories relating to its professions within the UN PRI’s most recent survey.
By Natasha Head, business development manager, ManCo services & PERE, Maitland – The impact of Covid-19 on the global private equity market is uncertain. December 2019 concluded a very strong decade, a period of significant growth with overwhelming fundraising figures and outperformance of public markets. There was a bright path ahead: a time for real consolidation, focus on operating models, ESG and diversity, growth of the secondaries market and increase capital flow to new jurisdictions.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
