Allocations
Valence Surface Technologies (Valence), which is is majority owned by ATL Partners (ATL) and British Columbia Investment Management Corporation (BCI), has acquired Fountain Plating Co, a specialist in product finishing services for aircraft engine and critical components for the aerospace and defense industry in the Northeast region of North America. Fountain, located in Springfield, Massachusetts, maintains Nadcap and AS9100 accreditations along with extensive approvals supporting key engine manufacturers and A&D primes such as Pratt and Whitney, GE, Rolls Royce, Collins/UTC, Sikorsky, and Lockheed Martin. The acquisition is a strategic move by Valence to expand its multi-regional footprint and enhance its position
Arrowpoint Advisory’s Media & Technology sector team has advised the shareholders of Pageant Media on the sale of a stake to Intermediate Capital Group’s Europe Mid-Market Fund.
An affiliate of HIG Capital has acquired Vernacare Limited (Vernacare), an international healthcare products specialist. Terms of the transaction have not been disclosed.Established in 1964, Vernacare is an industry-leading manufacturer of infection control systems. It has pioneered single-use toileting systems globally, offering patients hygienic care and provides healthcare institutions with efficient, cost effective and environmentally sound toileting and bathing solutions. With sales in over 60 countries, the business employs over 250 people across its UK headquarters in Chorley, its manufacturing plant in Bolton and its Canadian base in Toronto.
James Mitchell, Principal at HIG Capital, says: “Vernacare is a growing
Venture capital fund OTB Ventures (OTB) has launched an early growth technology fund with USD100m in commitments from international institutional investors, including the European Investment Fund (EIF), and high-profile backers including Greg Jankilevitch.Focusing on early stage, post-product, start-ups in the CEE region – spanning Cyber Security, Big Data and AI, Fintech, IoT and Robotics, as well as Cloud and SaaS industry verticals – the new investment vehicle is targeting investment in a total of 16 companies to comprise its portfolio by the end of 2022.
The USD100 million fund is set to be the largest fund in CEE with
Energy storage specialist Leclanché has signed an agreement with Yorkville Advisors Global, a US New Jersey-based investment firm offering debt and equity financing to global, small and micro-cap companies, for an unsecured US dollars convertible loan facility with a maximum ceiling of USD40 million (approximately CHF39 million). The initial proceeds will be used for Company operations and expansion.
The terms of the agreement with Yorkville Advisors allows it to convert each loan note into Leclanché shares based on the prevailing Investor’s Spot Rate of Exchange at the time of conversion and divided by the prevailing share price at time of
The Craftory has invested USD15 million in Dropps, a direct-to-consumer provider of eco-responsible household cleaning products.This investment will allow Dropps to scale up and meet the growing demand for its subscription business. Dropps intends to expand its team and product development capabilities.
Philadelphia-based Dropps invented the original liquid laundry detergent pod in 2008 and is now widely regarded as one of the US’s leading challenger brands. Since then, laundry detergent pods have taken the world by storm, with unit dose detergent sales making up 18 per cent of the USD7.3 billion US market in 2018.
Dropps was named
Real asset specialist Aquila Capital has expanded its partnership with Dutch pension investor APG in European hydropower by EUR250 million to EUR550 million. With this new mandate, Aquila Capital’s assets under management increase to EUR10.75 billion.
Eagle Merchant Partners (Eagle) says its capped another exceptional year with two exits and an add-on acquisition, highlighting the Atlanta-based private equity firm’s successful strategy of focusing on founder-owned, Southeastern companies in the consumer and industrial sectors. The two exits included the sales of Chicken Salad Chick and United PF Partners, which returned more than USD260 million to its investors.
Chicken Salad Chick was sold to Brentwood Associates in November. Acquired in 2015, Eagle grew Chicken Salad Chick to 137 locations in 16 states. Chicken Salad Chick grew system sales seven-fold and added more than 100 new restaurants during the partnership.
Pamlico Capital (Pamlico), a lower middle market private equity firm focused on growth-oriented businesses, has held the first and final close of Pamlico Capital V (PC V) at the fund’s hard cap with total commitments of USD1.4 billion.
Inotec AMD, a fast-growing medtech business that has developed a device to heal and treat complex chronic wounds, has secured GBP7 million in a funding round led by Praetura Ventures.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm