Allocations
Mourant has advised private equity firm, CVC Capital Partners (CVC), in connection with the establishment of CVC Strategic Opportunities II.
The fund exceeded its EUR4 billion target, reaching total commitments of EUR4.6 billion and reflecting the growing demand from large investors for longer-term opportunities in stable, high-quality businesses. It is CVC’s second fund targeting investments with scope for capital appreciation over a longer investment period than the firm’s traditional private equity strategies.
Mourant LP Partner, Felicia de Laat, says: “We were delighted to advise our long-standing client, CVC, as they built upon the success of their first Strategic Opportunities platform
Jaltek Systems, a manufacturer of complex, electronics assemblies, has secured a GBP1 million funding facility from Independent Growth Finance, as it continues to deliver on its rapid growth strategy and support its clients to push the boundaries of technological innovation.
The company provides a full suite of services to its clients, offering both design and manufacturing solutions to a diverse range of regulated sectors, from clean energy and aerospace, to space satellites.
The blue-chip electronics industry is always expanding, particularly driven by concepts such as the internet of things. To continue to stay ahead, Jaltek wanted an increased working
IRIS Software Group is to acquire FMP Global, a provider of payroll and HR services to international and UK based Small and Medium sized Enterprises.
Set to be the largest acquisition by IRIS to date, FMP Global is closely aligned with the Group’s mission to be the most trusted provider of mission critical software and services. In the UK, US and internationally, FMP supports over 1,750 businesses in 135 countries, providing international HR consultancy, outsourced global payroll services, and international money transfers.
Kevin Dady, CEO of IRIS Software Group, says: “As part of our acquisition strategy, we continue to
Turquoise International, a merchant bank focusing on energy, environment and efficiency, has been appointed as fund manager for Low Carbon Innovation Fund 2 (LCIF2).
Following the success of the first Low Carbon Innovation Fund, also managed by Turquoise, LCIF2 will invest venture capital alongside private sector investors in a range of businesses delivering low carbon technologies.
LCIF2 is supported by GBP11 million of capital from the European Regional Development Fund (ERDF) to be invested alongside at least the same amount from private investors. Investment sizes will range up to GBP1 million, including follow-ons. The original Low Carbon Innovation Fund,
M Group Services, a provider of services to essential infrastructure markets in the UK, with a turnover of over GBP1.2 billion, has acquired KH Engineering Services (KHES).
With a turnover of GBP14 million, KHES is one of the UK’s leading providers of mechanical and electrical (M&E) engineering solutions covering the design, management and delivery of services for the rail and wider transport sectors. Its services are typically delivered across five categories; design and survey; M&E installation; lighting installation and testing; bespoke engineering and civil works; and maintenance.
The KHES client base includes Govia Thameslink Railway (GTR), Greater Anglia, Network Rail,
Council Capital, a healthcare-focused private equity firm based in Nashville, has sold its stake in Atlanta, GA-based EspriGas to an entity affiliated with Kaltroco, a private investment company with operations in both the United States and Europe.
CEO Mike Walsh will remain a significant shareholder in EspriGas alongside Kaltroco. Terms of the transaction have not been disclosed.
EspriGas is a technology and data-driven medical and industrial gas company that utilises a network business model to manage the gas supply chain. The company leverages its unique service and technology capabilities to handle the complex logistical needs of large, multi-site companies
Appnovation has secured GBP9.3m in equity financing from a joint partnership between the Canadian Business Growth Fund (CBGF) and the UK’s BGF.
The investment will allow Appnovation to accelerate its international growth and expansion strategy, spurring jobs and economic growth in Canada, the UK and beyond.
Appnovation is a full-service digital consultancy, focused on delivering meaningful business outcomes that drive innovation, growth and ultimately value for its clients. Through digital strategy and a deep industry focus across a variety of verticals (including some of the largest financial services and pharmaceutical companies in the world),Appnovation’s expertise with user-centric, design-led experiences and open technology platforms, helps brands to
Plimsoll Productions (Plimsoll) has partnered with mid-market private equity firm LDC in a deal valuing the company at around GBP80 million.
LDC has invested for a minority equity stake in Plimsoll which will continue to be led by CEO and Founder Grant Mansfield.
Headquartered in Bristol, the international centre of the natural history television industry, Plimsoll is one of the largest independent television production companies in the UK. Its BAFTA, EMMY and Academy Award-winning team specialises in wildlife, documentary, live and factual entertainment shows and it is a global leader in natural history programmes.
Since the business was founded in 2013, Plimsoll
UK private equity house Maven Capital Partners (Maven) has invested GBP2 million in high-growth FinTech provider Delio Limited (Delio).
The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.
The initial GBP2 million investment in Delio, a white-label software platform which helps global financial institutions manages its private asset offerings, will also support further product innovation, including “add-on’s” to its existing innovative SaaS solution. This funding adds to the overall investment round totalling GBP3.3 million, which includes further funding from existing investor the Development
Pacific Private Fund Advisors (PPFA) recently surpassed the USD1 billion milestone for invested assets under management (AUM), bringing total invested and committed AUM to over USD2.7 billion.
PPFA, a subsidiary of Pacific Global Asset Management LLC, manages private equity investment portfolios for Pacific Life’s general account and third-party institutional clients.
Specialising in alternative investments, PPFA has launched 11 private equity funds over the past five years.
“Our team has worked hard to build the investment program at PPFA,” says James Burritt, managing director of PPFA. “I am proud of our investment performance and our growth, which makes me excited about
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
