Allocations
One Equity Partners (OEP), a middle market private equity firm, has completed an investment in Computer Design and Integration (CDI), a provider of IT infrastructure hardware and software, consulting and managed services. As part of the transaction, CDI’s founder and management team rolled over a substantial portion of their interests and retained a significant ownership stake in the Company. Financial terms of the private transaction were not disclosed.
Headquartered in New York City, CDI is recognised for its data centre excellence and its cloud and managed services portfolio, which includes hybrid cloud management, a complete integrated suite of business continuity solutions,
Clearview Capital Fund III’s portfolio company, Controlled Products (Controlled Products) and its affiliates, have acquired a majority stake in Purchase Green, and Path to Prosperity, (Purchase Green). The transaction, which closed on 20 November, 2019, included a significant reinvestment by the management team who will remain in their current roles to run the Company.
Purchase Green is a specialised distributor of premium quality synthetic turf primarily for landscape and specialty applications. Its products are sold in West and South West USA under the Purchase Green brand through a network of corporate-owned stores and third-party exclusive dealers. Purchase Green is headquartered at
The Novo Holdings REPAIR Impact Fund has made a EUR7 million investment in Mutabilis, a company developing novel antibacterials against Gram-negative infections based near Paris, France. This investment will allow the company to accelerate its 2G-Dabocins program, a wide spectrum Gram-negative anti-infective agent, which is currently undergoing lead optimisation.
“We look forward to working with the team at Novo Holdings REPAIR Impact Fund. REPAIR’s commitment to funding the development of novel antibiotics will provide us with the essential support we need to accelerate our lead asset to where it is most needed – the clinic as we strive to bring
Nimbus has acquired the Centrifugal Castings Division of Doncaster’s Group for an undisclosed sum. The division comprises of Teeside based Paralloy and South Yorkshire based FVC both providing specialist engineered products that service domestic and international markets in the petrochemicals, and aerospace industries respectively.Nimbus has backed the senior management team, led by Chief Executive Robert McGowan, to acquire the business and will use its pan European footprint to support Paralloy and FVC’s growth and export plans.
Investment Director at Nimbus, David Keenan, who led the deal, says: “Paralloy represents a great example of UK manufacturing despite these uncertain economic times.
CBPE Capital (CBPE) has completed the sale of its shareholding in Allied Glass (Allied) to a vehicle funded by Sun Capital and Allied management. The terms of the transaction have not been disclosed.Allied is the UK’s leading manufacturer of premium glass containers and is headquartered in Yorkshire. The business specialises in short, flexible production runs of high-quality glass packaging. Allied’s focus is on serving the premium spirits markets. It’s ability to partner with its customers to undertake innovative prototyping work to support successful product redesigns and new product launches has seen Allied benefit from the high growth craft gin segment.
Chester-based Sykes Holiday Cottages, a UK-based independent holiday home provider, has agreed a deal to acquire Pure Cottages Group from private equity investor LDC for an undisclosed sum.The Pure Cottages Group is a collection of five luxury holiday rental agencies, created following LDC’s investment in Lakelovers in December 2017 and its support of the business’ acquisitive growth strategy.
In 2017, Lakelovers managed 500 holiday properties in the Lake District. Today, Pure Cottages Group manages more than 1,500 holiday homes throughout Cumbria, Cornwall and the Cotswolds, having acquired Heart of the Lakes, Lake District Lodge Holidays, Character Cottages, John Bray Cornish
CBPE Capital LLP (CBPE) has invested in Perspective Financial Group Limited (Perspective), following approval from the FCA.Perspective is a UK financial planning and wealth advisory business with a client centric culture, employing over 185 staff across 15 offices. Perspective provides its 18,000 clients with holistic and impartial financial advice to aid them in achieving their investment goals and objectives. Perspective helps clients who are looking for advice on retirement planning, investment, inheritance tax planning, personal wealth or corporate planning. Through its Cambridge Investments Limited offering, Perspective also offers investment management services to its wealth advisory clients.
CBPE is partnering
Private company investment platform Seedrs experienced a record-breaking year in 2019 with GBP283 million invested into pitches, resulting in 49 per cent growth in investment compared to 2018.Seedrs completed 250 deals in 2019, up from 186 in 2018, and delivered 7,858 investor exits on its Secondary Market.
In 2019, Seedrs helped businesses from 16 different countries raise funds, and received investment from 78 different countries. Fifty one per cent of the 250 completed deals were fundraises of over GBP1 million, showing 89 per cent growth in larger funding rounds over 2018. Highlights include Scottish fintech Paysend raising GBP10.7 million in
Akram & Associates, a boutique Public Accounting Firm specialising in accounting, audit and tax services to alternative investment entities, had another successful year in 2019, growing 40 per cent, and is targeting double-digit growth again in 2020.
Crestview Partners (Crestview) has completed the sale of JR Automation Technologies (JR) to Hitachi for USD1.425 billion. The agreement to sell JR was originally announced on 23 April, 2019.
Mike DuBose, Crestview Senior Advisor and outgoing Chairman of JR Automation, says: “It has been a privilege to work with the very talented teams from JR and Crestview. Over the past four years, we have built on JR’s strong entrepreneurial passion for custom automated solutions and put in place systems and processes that have allowed the company to rapidly scale around the world.
“Since our investment in JR in 2015, the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
