Allocations
General Atlantic-backed primary care startup Oak Street Health is listing on the New York Stock Exchange, aiming to raise close to USD328 million.
Oak Street Health, a network of primary care centres for adults on Medicare, priced its IPO of 15,625,000 shares of its common stock to the public at USD 21.00 per share.
The shares are expected to begin trading on the New York Stock Exchange under the symbol “OSH” on 6 August, 2020, and the offering is expected to close on 10 August , 2020.
In addition, Oak Street has granted the underwriters a 30-day option to purchase
Foresight Group (Foresight) has completed a EUR4.5 million top-up to the Project Bond issued in January 2019 by Pagano & Ascolillo and listed on Borsa Italiana, for the installation of LED street lights on behalf of the Foresight Italian Green Bond Fund.The top-up will support four further street lighting projects to retrofit c7,235 street lighting points across four municipalities in the Centre and South of Italy.
The project bond which was the first of its kind to be issued in Italy for the financing of greenfield projects was innovatively structured such that P&A Public Lighting (the Issuer) could draw down
Private equity funds managed by Blackstone are to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of USD4.7 billion. Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction represents the first control acquisition for Blackstone’s eighth vintage of its flagship private equity vehicle.
Ancestry is specialist in digital family history services, operating in more than 30 countries with more than three million paying subscribers across its Ancestry online properties and more than USD1 billion in annual revenue. The company harnesses the information found
Private Equity Wire sat down with Greg Bowes, co-founder and managing principal of Albright Capital, to talk about what distinguishes ESG issues in emerging markets from developed markets, how Covid-19 will affect the push towards ESG investing seen in recent years and how private credit strategies differ from private equity in terms of managing ESG.
North East university partnership Northern Accelerator is launching a new GBP1.7 million Seed Investment Fund that aims to grow the region’s economy, building on its successful record of creating innovative spin-out businesses.The Seed Investment Fund, managed by Northstar Ventures, will officially launch on 4 August, with the first deals to be completed in the next two months, and further funding allocated over a 12-month period. The fund will make significant investments in businesses with the best commercial ideas and high growth potential in a targeted group of sectors including healthcare, clean technology and data.
Northern Accelerator, comprised of Durham,
Private equity-backed property, site and people protection specialist Orbis Protect has made its first acquisition following a strong period of growth despite the UK-wide lockdown.The business employs more than 400 staff across 19 UK depots, working with clients across the private and public sectors. Its services include vacant property management – deep-cleaning, repairing and securing vacant properties ready for re-occupation, as well as site security for commercial offices, construction and other vulnerable sites through its monitoring services. It also offers a lone worker monitoring solution, supporting 35,000 workers annually with personalised alarm services.
The deal will see Orbis Protect
Western NIS Enterprise Fund has reached an agreement to sell, alongside other shareholders, its stake in Moldova-based Glass Container Company and Glass Container Prim (GCC) to Vetropack Austria Holding AG, a subsidiary of Vetropack Holding SA.Vetropack is a leading Swiss player in the European glass packaging industry with 2019 annual turnover of CHF714.9 million, and subsidiaries in Switzerland, Austria, Czech Republic, Slovakia, Croatia, Ukraine and Italy.
This transaction has been led by Horizon Capital, a leading regional private equity firm with over USD850 million under management, including managing the investment portfolio of Western NIS Enterprise Fund, an investment vehicle established
Madrid-based Bnext, a provider of alternative banking services, has secured USD13 million (EUR11million) in another capital investment round by its existing investors.
The startup’s total investments received to date are slightly above GBP43 million. In October 2019 DN Capital led its first investment round into the company, together with Redalpine and Speedinvest, closing a USD25 million Series A financing round – the largest in the fintech sector in Spain to date.
Commenting on that investment, Nenad Marovac, founder and managing partner of DN Capital said: “Bnext is the market leading digital bank in Spain and soon to be in Latin
Danish growth fund Nordic Alpha Partners has teamed with 3d-printing company Dyemansion’s existing investors – UVC Partners, btov Partners, KGAL, and AM Ventures – in a USD14 million Series B funding round. “We are super happy to have Nordic Alpha Partners on board for our growth journey,” says Felix Ewald, CEO & co-founder of DyeMansion. “They are a perfect fit for the current phase we are in with DyeMansion. Their unique approach and expertise will help us to further strengthen our position as a global industrial leader. It makes us proud that all our existing investors are continuing with their support
Arkessa, an IoT connectivity provider backed by mid-market private equity firm ECI Partners since 2018, has continued its global expansion with the acquisition of Sim Services, a Netherlands-based connectivity services provider. The acquisition will allow Arkessa to strengthen its presence in the Netherlands and will help it reach its goal to ‘future proof’ customers’ connections to the Internet of Things.
Arkessa offers world-wide, world-class cellular connectivity services that make it easy to design, deploy and manage IoT devices securely, efficiently, and at scale, regardless of application or business model. Arkessa provides global coverage, competitive rates, and world-leading technical support, providing
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
