Allocations
Fund That Flip, a fintech platform and marketplace lender of residential real estate loans, has raised USD11 million from Princeton, NJ-based growth equity firm Edison Partners.
Launched in 2014, Fund That Flip provides short-term loans to experienced real estate redevelopers who buy and renovate residential properties. After origination, Fund That Flip offers accredited and institutional investors the opportunity to purchase fractional shares of the loan and earn an 8-9 per cent annualised yield. Since Fintech Venture Fund, an Atlanta based early-stage investor, led the company’s seed round in 2016, the company has realised exponential growth, doubling its revenue, loan origination
The recent acquisition of Estera by Inflexion Private Equity, a leading PE group with GBP5.4 billion in AUM, signals a move by private equity firms to explore M&A opportunities in the fund administration and corporate & trust services arena, which remains a relatively new, standalone sector.
The acquisition from Bridgepoint will see Estera merge with Ocorian, one of Inflexion’s existing portfolio companies, to form what it calls a “global corporate service and fund administration leader of significant scale”.
It is just the latest example of PE groups looking to identify long-term value and growth targets in the M&A deal space,
Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint).
LeverPoint, headquartered in Clifton Park, NY, is an independent provider of full-service fund administration, accounting, tax and back office support services to private equity, venture capital and real estate managers. Going forward, Ultimus’ private fund business will operate as Ultimus LeverPoint Private Fund Solutions and will provide administration for approximately USD90 billion of private fund assets across 230 clients. In total, Ultimus will service over USD220 billion of assets under administration and over 1,250 total traditional
Mid Europa Partners (Mid Europa), a private equity investor focused on Central and Eastern Europe, has completed the sale of Knjaz Miloš, a producer of mineral water and non-alcoholic beverages in Serbia and the surrounding region, to a joint venture between Karlovarské Minerální Vody and PepsiCo, Inc.
Mid Europa acquired Knjaz Miloš in 2015 together with Imlek and Bambi, the leading regional dairy and confectionery players, respectively, forming the consumer group – Moji Brendovi.
Private equity fundraising for Central and Eastern Europe (CEE) hit the highest annual level in a decade in 2018 with EUR1.8 billion, according to new data from Invest Europe.
Buyout funds in CEE raised EUR1.1 billion, while the region’s venture capital funds attracted over EUR500 million for the second year in a row, reveals Invest Europe’s 2018 Central and Eastern Europe Private Equity Statistics report, released today.
Private equity investment into companies across CEE reached EUR2.7 billion in 2018, the second-highest amount ever achieved, following 2017’s record EUR3.5 billion. The number of companies backed increased by 50% year-on-year to almost 400,
CenterOak Partners (CenterOak), a Dallas-based private equity firm, has sold TruRoad Holdings (TruRoad), an automotive glass and claims-management company in the United States, to Belron Group subsidiary Safelite Group, parent company to Safelite AutoGlass.
Financial terms of the transaction have not been disclosed.
Based in Woburn, Massachusetts, TruRoad was formed through the transformational combination of JN Phillips Auto Glass and existing CenterOak platform investment Techna Glass, Inc. and has grown from initial platform acquisition through nine strategic acquisitions to serve over 400,000 customers annually. The Company serves consumers, insurance firms, and fleets across the United States via its network of
Sea Link International, a portfolio company of private equity firm New Water Capital, has acquired Hicks Plastics Company, a leading Tier II provider of injection moulded and metallised automotive forward lighting components. Hicks Plastics is headquartered in Macomb, Michigan, near Detroit, with a secondary facility located in Knoxville, Tennessee.
The acquisition, which represents the fourth addition to New Water Capital’s automotive lighting platform, further bolsters Sea Link’s domestic manufacturing and assembly capabilities and will allow Sea Link to better serve its customers across the automotive spectrum. “Hicks’ technical acumen and its long-standing reputation for quality and customer service, combined with
Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, including related technology and business service companies, is to acquire a majority stake in Inside Real Estate, an end-to-end SaaS platform serving the residential real estate market.
Financial terms of the transaction have not been disclosed.
Headquartered in Salt Lake City, Inside Real Estate provides an end-to-end software solution to residential real estate brokers, teams and agents that empowers their ability to manage the full cycle of home property buying and selling. Founded in 2008, the Company’s platform serves over 200,000 top agents,
Inflexion Private Equity has agreed to acquire Marley, a UK-based roofing specialist, from Etex, a building materials firm based in Belgium which has owned Marley since 1999. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid‐market fund.
Founded in 1924, Marley is the UK leading manufacturer and supplier of roofing system products, including concrete and clay tiles as well as associated roofing accessories. The Staffordshire-based business employs 600 people across five manufacturing sites and two distribution centres. Marley benefits from a loyal customer base split between new build, repair, maintenance and improvement.
Simon Turner, Managing
UK private equity firm Maven Capital Partners (Maven) has invested GBP160,000 in data analysis business, Innotech Insights (Innotech), on behalf of NPIF – Maven Equity Finance (NPIF), part of the Northern Powerhouse Investment Fund.
The funding will support the expansion of Innotech’s sales team, invest in product development and in the roll out of the company’s flagship analysis system product, Crowded.
Innotech provides both public and private sector organisations with the information they need to make major planning decisions by accurately monitoring pedestrian movements in an area, indoors or out. Innotech’s main product, ‘Crowded’, is a cutting edge analysis
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
