Allocations
Mubadala Capital has launched its first MENA-focused tech investment funds. With a total of USD250 million (AED 918 million), the Mubadala MENA tech funds will capitalise on the growing startup scene in in the region while empowering tech talent in the Emirates and across the wider region.
The funds will include a USD150 million (AED 550 million) fund of funds program, which will invest in funds that are committed to supporting the Abu Dhabi-based Hub71 ecosystem, including through investing in companies that leverage Hub71 for regional expansion and growth. As part of this program, Mubadala Capital also announced that it will
Global investment manager AMP Capital has agreed to acquire Expedient (Continental Broadband,), a leading US provider of cloud computing and data centre services, from Landmark Media.
Expedient offers an integrated suite of colocation, cloud, managed services and network access products to a highly diverse base of over 1,200 customers. The business operates 11 self-directed data center facilities and leverages a half dozen partner facilities in order to provide critical outsourced information technology solutions to a range of businesses and industries across the US from its eight operational locations in Baltimore, Boston, Cleveland, Columbus, Indianapolis, Memphis, Phoenix and Pittsburgh.
Expedient’s
Middle-market private equity firm One Equity Partners (OEP) has completed the acquisition of ORS MEDCO, a wholesaler of maintenance and repair focused non-discretionary and consumable industrial and automotive aftermarket products, from Essendant. in a corporate carve-out transaction.
Financial terms of the transaction have not been disclosed.
Headquartered in Deerfield, Illinois, ORS MEDCO distributes safety and security products, tools, body shop & repair products, welding, paint, chemicals, and abrasives operating through its ORS Nasco, Medco, and Nestor distribution networks. The Company has 1,100 employees and 35 facilities that serve over 15,000 independent distributors, national distributors and online resellers.
“We
Pan-European payment processor, Lemon Way has secured a EUR25 million investment from London-based specialist financial services investor, Toscafund Asset Management (Toscafund).
The transaction is Toscafund’s first private equity investment in France.
Lemon Way is a Paris-based regulated payment institution focusing on marketplaces, crowdfunding platforms and e-comerce websites that require payment processing, wallet management and third-party services in a KYC/AML-regulated framework. It currently manages over seven million payment accounts. Lemon Way offers an all-in-one solution of modular and proprietary API-based services ranging from on-boarding to cash pay-out flows.
Toscafund’s investment will allow Lemon Way to expand its output and
Whitney, Bradley & Brown (WBB), a portfolio company of HIG Capital (HIG), a global private equity investment firm with over USD34 billion of equity capital under management, has acquired BRTRC Federal Solutions (BRTRC).
Headquartered in Vienna, Virginia, BRTRC is a provider of support services across the Army and other US Department of Defence and Intelligence Community agencies. Over the past 30 years, the BRTRC team has developed domain expertise within critical capabilities including systems and vehicle integration, prototyping and commercialisation, strategic communications and cyber security.
Robert Olsen, CEO of WBB, says: “The addition of BRTRC’s capabilities and expertise to
Endless, a private equity investor, has acquired Victoria Plum from TPG Capital.
Founded in 2001, Victoria Plum provides a range of predominantly own-branded bathroom products, including bathroom suites, bathroom furniture and accessories. Victoria Plum currently employs more than 300 people and the investment from Endless will support the online bathroom retailer’s continued growth.
Endless has acquired the entire issued share capital of the business for an undisclosed sum and will work with the management team to continue investing in its people, digital and retail experience and expanding its product and services offering.
The transaction was led by Matthew
UK mid-market private equity investor Livingbridge has closed the Livingbridge Enterprise 3 fund with total capital commitments of GBP334 million, an increase of 50 per cent on its predecessor fund, Livingbridge Enterprise 2, a 2015 vintage fund.
Enterprise 3, which will leverage Livingbridge’s experience, international network and growth acceleration capabilities, will invest in fast growth SMEs primarily in the UK, with an enterprise value of up to GBP50 million across the firm’s sectors: TMT; services; consumer markets; and healthcare and education.
The fund has attracted a globally diversified range of high-quality investors including corporate and public pension funds, endowments, fund
Ingenious’ Infrastructure Ventures EIS Service has invested in Winnow, the technology company behind Winnow Vision, an artificial intelligence tool helping chefs cut food waste in half, as it completes its series B round of funding at USD12 million.
Other co-investors in this fund raising round include Ingka Investments, Mustard Seed, Circularity Capital, D-Ax in addition to Ingenious. This follows a recent loan from The European Investment Bank (EIB) and in total means the firm has raised USD20 million in the last month, allowing it to focus on global markets.
Launched in a single staff restaurant in 2013, Winnow has been
Idinvest Partners, aa investor in SMEs across Europe, has anheldnounced the final closing of its third digital fund at EUR350 million, having surpassed its initial fundraising target of EUR300 million.
The fund, managed by a team of nine investors, has attracted many new LPs from Europe, Asia, the Middle East and North America. It has also been highly successful among investors who, following their participation in the previous fund, extended their commitment.
The final close of the Idinvest Digital Fund III has surpassed that of its predecessor, the Idinvest Digital Fund II, which secured EUR154 million.
Benoist Grossmann,
European venture capital firm Sofinnova Partners has closed its latest early-stage healthcare fund Sofinnova Capital IX, oversubscribed at EUR333 million.
The firm now has more than EUR2 billion under management with more than EUR1 billion raised in the last four years across its platform of life sciences funds.
Pursuing the strategy it has consistently applied over the years for its flagship early-stage Capital funds, Sofinnova Capital IX will invest in the healthcare industry and more specifically in the biopharmaceutical and medical device sectors. Sofinnova Partners will seek to invest as a founding and lead investor in start-ups and corporate
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
