Allocations
Healthcare specialist private equity investor Apposite Capital’s dentistry group, Riverdale Healthcare, has acquired Eston Dental Practice in Middlesbrough, North Yorkshire, further expanding in the North East of England.
Eston Dental Practice, which was formerly owned by a father and son team, Asif and Shabir Hussain, for over 30 years, has 9 treatment rooms delivering both NHS and private dental care.
Chris Aylward, Chief Investment Officer of Riverdale Healthcare, says: “We are really excited to have Eston Dental Practice join our group. Asif and Shabir have developed a great dental practice with a fantastic team of professionals who share the
HIG Growth Partners (HIG), the growth capital investment affiliate of HIG Capital, has invested in the Series D growth financing for Passport Labs, a mobility management platform.
Founded in 2010 and based in Charlotte, North Carolina, Passport serves nearly 1,000 clients worldwide, helping them solve mobility challenges with solutions for parking, enforcement, permits, transit, and micro-mobility. Passport processes more than 100 million curbside transactions each year, resulting in more than USD1.5 billion processed to date. The Company’s suite of solutions enables cities to take control of the curb, optimise mobility and create an interface between cities’ infrastructure and vehicles.
Passport’s
Cinesite announced has secured investment from Gryphion Capital Investments along with new banking facilities from Barclays and NatWest which amount to USD112 million.
Working together Barclays and NatWest will initially provide Cinesite with up to USD52 million for general funding and revolving credit facilities. The independent studio group has a further USD20m in future flexible facilities to deal with acquisition or expansion. In parallel, Gryphion Capital Investments has taken a minority equity position in the company which will further support Cinesite’s strategy for growth.
Headquartered in London, the Cinesite Group operates world class facilities in Berlin, Montreal, Munich &
Dust Mobile, an innovative “secure-by-design” mobile network operator, has raised an initial EUR3 million to launch its commercial deployment. Dust Mobile aims to become the European leader in secure mobile communications with an offer that meets the growing need for protection against cyber threats.
Founded by Jean Michel Henrard and François d’Ormesson in mid-2017, Dust Mobile sells secure proprietary SIM cards – compatible with all smartphones and connected objects – combined with a fully fledged secured mobile communications plan. This offer provides not only full voice, SMS and data communications encryption, but also protects against attacks on cellular network signalling
Kempen Capital Management has held the final close of the Kempen European Private Equity Fund, at EUR192.5 million in committed capital, bringing the fund to its maximum capacity.
‘We are enormously proud of the confidence that our participants have entrusted us with,’ says Sven Smeets, co-head Private Markets. ‘At the start of the year, we passionately started working to make this fund a success. Following the first close in February 2019, now – fewer than ten months later – we are already announcing the final close, as the fund has reached its maximum capacity. We will spend all our energy
Funds advised by Apax Partners are to acquire Coalfire, a provider of cybersecurity advisory and assessment services, from The Carlyle Group (NASDAQ: CG) and The Chertoff Group. Financial terms of the transaction, which is expected to be completed in early 2020, subject to regulatory approval, have not been disclosed.
Founded in 2001, Coalfire is a cybersecurity advisor that helps organisations avert threats, close gaps, and effectively manage cyber risk. By providing independent, tailored advice and services that span the cybersecurity lifecycle, Coalfire helps clients develop scalable programs that improve their security posture. The company today has more than 1,800 government and
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in HealthTech BioActives (HTBA).
HTBA is a Spanish manufacturer of active pharmaceutical ingredients (APIs), excipients, flavourings and sweeteners for the pharmaceutical, nutraceutical and cosmetic industries, as well as ingredients for human and animal feed with a total sales of EUR51 million in 2018. T
he company’s products, derived from citrus and vitamin B12 derivatives, sell in more than 90 countries worldwide. HTBA is a carve-out of Ferrer, a well-known international pharmaceutical company headquartered in Barcelona, Spain.
The deal includes the 140
EdtechX Holdings (EdtechX), a special purpose acquisition company (SPAC) seeking to acquire a target in the education services and education technology industry, is to merge with Meten Education (China) (Meten).
Meten and its digital platform Likeshuo are a market leader in English Learning Training (ELT) in China. The combined entity (New Holdco) will operate as Meten EdtechX and focus on providing English and future skills training for a growing market of Chinese students and young professionals. Meten EdtechX intends to pursue expansion plans including market consolidation in China and the roll out of Meten’s existing omni-channel distribution platform, combining digital delivery
Macfarlanes has advised Muzinich & Co, the corporate credit management specialist, on a leverage facility for its first European Long-Term Investment Fund (ELTIF), Muzinich Firstlight Middle Market ELTIF.
This fund invests mostly in syndicated loans and private debt instruments, and may also invest in bonds and junior investment opportunities. As an ELTIF, it is only able to leverage certain types of investment and is subject to both a 30 per cent borrowing restriction and a 30 per cent encumbrance restriction. This has led to the need to create a bespoke but flexible financing structure. It is one of the first
Middle market private equity firm One Equity Partners (OEP) has made a significant minority investment in Nexion, an automotive solutions business, focused on garage equipment, diagnostics, and advanced driver assistance systems (ADAS) aftermarket solutions.
Financial terms of the private transaction have not been disclosed.
Founded in 1954 and headquartered in Correggio, Italy, Nexion manages a portfolio of historic brands, including Corghi, Sice, Hpa-Faip, Mondolfo Ferro, Teco, Tecnomotor, Orlandini, Bright, Stenhoj, Sherpa, Autopstenhoj. The Company specializes in tire changers, wheel balancers, aligners, lifts, diagnostics, and ADAS solutions. Nexion has approximately 2,000 employees and 14 manufacturing and design facilities in Italy, Denmark,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
