Allocations
Epic Games has acquired Quixel, the creator of a photogrammetry asset library and bundled toolset. Financial terms of the transaction have not been disclosed.
Teddy Bergsman and Waqar Azim founded Quixel in 2011 with the vision to substantially speed up how creators build digital environments. GP Bullhound invested in Quixel in 2018.
Since its foundation, Quixel has given creators access to a vast and ever-expanding library of 3D building blocks and easy-to-use tools to simplify the creative process. These assets and tools have become indispensable to the artists behind some of the most iconic digital productions of our time, such
Angular Ventures has closed its debut fund, which will invest in early-stage deep technology enterprise companies with global expansion plans based in Europe and Israel, at USD41 million in capital commitments.
The firm, which has been operating in stealth mode for nearly two years, has already built a portfolio of 12 companies with plans to make five-seven new investments per year.
The fund’s current portfolio spans Israel, the UK, Finland, Romania, and other countries. Gil Dibner, its General Partner and founder, wanted to reimagine early-seed venture capital in Europe and Israel by building a sector-focused firm; removing geographical boundaries to
BGF has invested a further GBP11 million into Molson Group, a UK-based independent distributor of capital equipment to the construction and waste management sectors.
The investment will be used to develop Molson’s existing sites and brands, as well as expand its international and waste management offerings.
Founded in 1996 and based in Bristol, Molson provides a wide range of equipment for the construction industry, including excavators, dump trucks, dozers, demolition rigs and waste and materials handlers. The business, which has additional depots in Warrington, London, Kent, Stratford-upon-Avon and Doune, is currently one of the largest suppliers of construction equipment
Essling Capital continues its unlisted co-investment programme with the launch of its third vintage fund, Essling Co-Invest 3 (ECI 3).
The launch of ECI 3 is taking place after completion under the previous fund, launched in 2018 for a total raised of EUR116 million, of an eighth and final investment in July – the acquisition of a minority stake in Funecap, the second largest company in the funeral services market in France, alongside management and Charterhouse.
Investors in the first fund have already been repaid nearly 80% of the invested amounts in three years, thanks to, among other things,
Henkel is to acquire Deva Parent Holdings from a fund managed by the Private Equity Group of Ares Management Corporation. Deva Parent Holdings owns DevaCurl, a high-growth professional hair care business.
Founded in 1994, the company offers hair care and styling products for all types of curly and wavy hair with a comprehensive portfolio of vegan and “free from” formulas. The product range includes cleansers, conditioners, styling products, styling accessories, and treatments. The portfolio of DevaCurl is highly complementary to the existing portfolio of Henkel Beauty Care. The ‘Premium Professional’ products of DevaCurl are distributed in the US in leading
Off the back of a hugely successful 2019, Le Col, the British brand renowned for delivering premium performance cycling apparel, has raised an additional GBP2.5 million from Puma Private Equity to further accelerate its growth plans in 2020.
Founded by ex-professional cyclist Yanto Barker in 2011, Le Col has its DNA in the pro peloton and has been kit partners to two men’s and two women’s professional cycling teams in the 2019 cycling season. The British company is based in London but manufactures its kit in its own factory in Treviso, Italy – an area renowned for expertise in high-performance
Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners (Providence), has made a EUR32 million growth investment in Net Reviews, a developer of software as a service (SaaS) solutions providing customer review management for retailers.
The founding management team – led by Olivier Mouillet, Laurent Abisset and Tom Brami – will continue overseeing the company’s day-to-day operations.
Olivier Mouillet, Founder and CEO of Net Reviews, says: “In just a few years, Net Reviews has grown into a market-leading developer of software that provides a trustworthy and independent web solution, as well as critical data to retailers looking
CapitalRise, a property investment platform, has secured GBP1 million in backing from Revolt Ventures, the venture capital arm of real estate investment manager, Meyer Bergman.
This follows CapitalRise’s successful Seedrs crowdfunding raise earlier this year and brings the total funds raised to GBP3.3 million.
CapitalRise’s CEO and Co-Founder, Uma Rajah, says: “To receive backing from such eminent investors reflects sustained confidence in our proposition. Our track record delivering strong returns at an average 10 per cent per annum with zero losses and defaults since inception reflects our vigilance and strict due diligence when it comes to choosing investment opportunities.
The Riverside Company (Riverside), a global private equity firm focused on the smaller end of the middle market, has sold surgical device tracking and workflow software provider, Censis Technologies (Censis).
Headquartered in Franklin, Tennessee, Censis provides SaaS-based surgical instrument tracking and workflow solutions for sterile processing departments (SPDs) of hospitals and ambulatory surgical centres.
Censis helps ensure the accuracy and procedural compliance of SPDs, including the critical responsibility of assembling instrument trays for surgical procedures, sterilising instruments and managing and maintaining inventory from purchase to retirement.
Riverside Managing Partner, Loren Schlachet, says: “Our team had a clear value
Clients of Connection Capital, a specialist private client investment business, have invested in the final close of a North America and Europe-focused lower mid-market private equity fund, run by the highly experienced global team at TriSpan, the New York and London-based private equity manager.
As per Connection Capital’s investment model, its high net worth (HNW) private investor and family office clients were able to participate in the TriSpan Opportunities Fund in units of just GBP25,000 (the usual minimum investment in USD1 million) via a Connection Capital investment vehicle that, in total, substantially exceeded the minimum investment threshold of the TriSpan
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
