Allocations
American Pacific Group, a San Francisco-based private equity firm that makes control investments in complex opportunities primarily in North America, has closed its debut fund, American Pacific Group Fund I, in February 2020 with USD450 million of committed capital.The Fund was significantly oversubscribed and closed at its hard cap without the use of a placement agent following the launch of the fundraise in December 2019. American Pacific Group secured commitments from a diversified investor base comprised of leading institutional limited partners based in the US and Europe.
“We are very grateful to our partners for their unwavering support and
Archangels, an Edinburgh-based business angel investment syndicate – one of the oldest in the world – has led investment of GBP6.2 million in Scottish early stage companies in the first quarter of 2020.Four tech and life sciences businesses – Blackford Analysis; Fios Genomics; Optoscribe; and Speech Graphics – were the recipients of the additional investment. Some GBP2.6 million came from Archangels members, with GBP1 million from Scottish Investment Bank, the investment arm of Scottish Enterprise, and the remaining GBP2.6 million from a range of other investors. All four companies are existing Archangels portfolio members.
Niki McKenzie, Joint Managing Director
VCTs have invested in over 181 innovative businesses with high potential for growth since November 2017, according to a new report from the Association of Investment Companies (AIC). Butterfly effect: The transformational potential of VCT investment, surveys investment by venture capital trusts (VCTs) since November 2017 when new rules were introduced directing the tax-advantaged vehicles towards higher-risk investments.
VCTs are able to invest in businesses with up to 250 employees: however, these businesses employ an average of 38 people each and nearly half of them (45 per cent) have fewer than 25 employees.
These dynamic small businesses generated GBP395 million
HIG Capital (HIG) has sold its portfolio company, AVI-SPL (AVI) to Marlin Equity Partners (Marlin). In conjunction with the transaction, AVI will be merged with Whitlock, an affiliate of Marlin focused on workplace collaboration solutions, resulting in USD1.3 billion of pro forma 2019 revenue. HIG will retain a minority stake in the combined entity.
AVI-SPL, based in Tampa, Florida, delivers industry leading collaboration solutions and services, enabling customers to leverage technology to transform the way employees and customers interact. Through its 51 offices and global partnerships, AVI-SPL is chosen by large enterprises and SMEs to design engineer, integrate and support their
The British Private Equity & Venture Capital Association (BVCA) has recommended the UK Government introduces a GBP500 million funding facility for VC-backed, early stage companies operating in the digital, biotech and life sciences sectors during the Covid-19 crisis.
Early stage businesses have been a key driver in establishing the UK as a global leader in the digital economy and other high tech sectors, and this position is now under threat, according to the BVCA.
The specialist sources of capital they usually access are increasingly unavailable, and they also do not meet the criteria of regular commercial lenders. This puts
Swiss Patrimonium Asset Management (Patrimonium), a EUR3 billion private market investor, has held the first close of its latest private equity fund, the Patrimonium Private Equity Fund, at EUR100 million.
Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, is to merge portfolio company Kronos Foods (Kronos) with Grecian Delight Foods, a Parthenis family business. Financial terms of the transaction have not been disclosed.
Grecian Delight is a leading manufacturer and marketer of Greek and Mediterranean inspired cuisine. The company’s products include authentic gyros and specialty meats, pitas and flatbreads, tzatziki, hummus and specialty dips/spreads, falafel, and plant-based proteins to foodservice and retail industries across the US Grecian Delight is headquartered in Elk Grove Village, Illinois.
e2p Managing Partner Mark
Global investment bank GCA Corporation has has completed its acquisition of Stella EOC, a leading technology and media investment banking boutique with coverage in the Nordics, the UK and continental Europe. With this GCA is expanding its coverage into further key strategic markets including Benelux and the Nordics, strengthening its already leading technology practice and adding expertise in the media and global entertainment space. Furthermore, Kristoffer Källeskog, a founding partner of Stella EOC, has been appointed to GCA Altium’s Executive Management Committee.
GCA now employs more than 500 employees, 400 of whom are bankers, and operates across 25 locations in
An affiliate of HIG Capital (HIG), a global private equity investment firm with USD37 billion of equity capital under management, has invested, through convertible debt, into Modern Logistics, a Brazilian one-stop-shop full service logistics firm. Terms were not disclosed.Modern Logistics, the only firm of its kind in Brazil to have its own fully integrated air cargo operation dedicated to long distance, time-sensitive, and warehousing capabilities, was founded by former JetBlue VP and Co-founder of Azul airlines, Gerald Lee. The company is backed by DXA Investments, a private equity and venture capital investment firm.
Fernando Marques Oliveira, Managing Director and Head
Fast-growth web hosting business, Miss Group, has acquired Euronic OY, which is headquartered in Finland. Founded in 2000, Euronic is an established Finnish web hosting business with around 12,500 customers. Alongside its core shared web hosting offering, Euronic provides services, such as website builds, domain names, and security certificates. Euronic has reported strong growth in recent years, hitting revenues of EUR2.4 million and EBITDA of EUR1.5 million in FY2019.
In February 2020, Perwyn acquired a majority position in Miss Group to support the growth ambitions of the business through international expansion and ongoing M&A. This deal is the first acquisition
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
