Allocations
Software and technology-focused private equity investor Thoma Bravo is to acquire Majesco, a provider of cloud insurance software solutions for insurance businesses, in a deal valuing the company at USD594 million. Following the closing of the transaction, Majesco will operate as a privately held company.
Under the terms of the agreement, all Majesco shareholders of record will receive USD13.10 in cash for each share of Majesco common stock upon closing of the transaction. The price represents a premium of approximately 74 per cent over Majesco’s average closing price during the 30-trading day period ended 17 July, 2020.
The proposed merger is
Roslin Technologies, the UK’s specialist AgriTech venture builder, has invested in Singapore-based Protenga, a business which farms black soldier fly insects to produce animal feed and fertiliser. As part of Roslin Technologies’ ambitious programme, a bespoke genetic nucleus facility is being built near its HQ, which will focus on applying enhanced breeding technologies to develop improved insect lines together with Protenga for the global market.
These investments align with Roslin Technologies’ focus on developing alternative protein sources to help overcome the impending global food deficit and are central to Protenga’s mission to provide sustainable food sources to livestock, aquaculture and
KPS Capital Partners (KPS), through a newly formed affiliate, has entered into an asset purchase agreement to acquire substantially all of the assets of Briggs & Stratton, including equity of foreign subsidiaries, for approximately USD550 million.
Briggs & Stratton has filed a motion with the United States Bankruptcy Court for the Eastern District of Missouri seeking the designation of KPS as the stalking horse bidder in a sale motion as part of the Company’s filing of voluntary petitions under Chapter 11 of the Bankruptcy Code today. Briggs & Stratton expects to sell its assets through a court-supervised sale process under
Aquiline Capital Partners, a global private investment firm specialising in financial services and technology, has closed its investment in Quintes Holding, one of the largest independent insurance brokers in the Netherlands.
Since its founding in 2012, Quintes has built a national footprint of brokers with a focus on serving the Dutch SME sector.
The Company will maintain its corporate headquarters in Culemborg under the continued leadership of the existing management including CEO Gijsbert van de Nieuwegiessen and CFO Alex Klooster.
“The Dutch insurance market presents significant opportunities for continued growth, M&A activity and the need for a dedicated,
Omnes-backed Intys has acquired Univers Retail, a management and operational strategy consulting firm, specialised in distribution and retail. This is the first acquisition completed by the Belgian consultancy firm since Omnes invested in the company in July 2019.
Based in Brussels, Intys is one of the leading consulting firms in Belgium. As a multi-specialist player, Intys has a recognized expertise in the healthcare, energy, industrials and financial services sectors. Its 80 clients include leading companies and institutions in Belgium, Luxembourg and France. The firm generated a EUR35 million turnover in 2019 and has a staff of 360.
Based in
British Patient Capital has invested USD65 million in SV Health Investors’s USD265 million fund, SV7 Impact Medicine Fund (IMF), which is dedicated to investing in biotech companies.
The IMF is SV’s first biotech fund. It will aim to turn scientific breakthroughs into biotech companies producing high impact precision medicine drugs for poorly treated diseases.
So far the fund has invested in UK-based Alchemab, which develops antibody therapies for diseases including cancers, infectious diseases, and neurodegenerative conditions.
Cancer Research UK launched a partnership with SV Health Investors in June 2019 to focus on speeding up the translation of the organisation’s research
According to the first estimates obtained by the Spanish Venture Capital & Priivate Equity Association (ASCRI), through the European platform EDC, the volume of investment in Spain reached EUR1,434 million euros in the first half of the year, with a total number of 344 investments. Although the investment volume has suffered a drop (67 per cent less than in the same period of 2019) due to the fact that no mega-deals have been closed, the number of transactions has remained stable with respect to previous years despite the current situation. Venture Capital has been the driving force with respect to the
CAPZA has held the first closing of its CAPZA 5 Flex Equity fund at EUR450 million, exceeding the final close of its previous fund bu EUR100 million.This first closing confirms the renewed confidence of CAPZA’s historical investors (family offices, insurers, funds of funds, public institutions, pension funds) as well as strong interest from new French and international investors.
This fifth vintage – with a target size of around EUR500 million – has leveraged CAPZA’s proven approach since 2004 by providing – as lead investor – flexible financing solutions combining majority or minority capital, convertible bonds and mezzanine. The Fund aims
Dubin Clark & Company, a private equity firm focused on lower middle market specialty service and branded niche manufacturing businesses, has acquired Affordable Water Heaters and Plumbing, Inc (AWHAP).AWHAP is a in-home provider of water heater replacement, repair and installation services, including ancillary plumbing services. AWHAP has established a reputation for expertise, workmanship, and honesty that sets them apart in the market. AWHAP was founded in 1995 and is headquartered in Valencia, California.
“We are very excited about our investment in AWHAP, which provides differentiated services and represents a strong and scalable platform for growth,” says Michael Hompesch, Partner at
Agrimola, a European specialist in the manufacturing, processing and marketing of chestnuts and transformed fruits, has acquired a majority stake in La Nuova Tradizione Srl, a Montecchio Maggiore (Vicenza) based producer of semi-finished ingredients for ice cream makers, pastry chefs and bakers.With sales of over EUR2.5 million, La Nuova Tradizione produces ingredients for two main business units: powders and pastes for ice creams (70 per cent) and jams, candied fruits and flavourings for pastries (30 per cent). In addition to the La Nuova Tradizione brand, the company also operates under three licenses:
• CGI Flavors, dedicated to the production of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
