Allocations
German Equity Partners V (GEP V), a Fund managed by independent German investment company ECM Equity Capital Management (ECM), has acquired a stake in Berlin software developer PikeTec.
PikeTec specialises in testing and verifying the functionality of safety-relevant embedded software for electronic control units, for example in the field of intelligent driver assistance systems. Together with ECM, the company founders Dr. Eckard Bringmann, Andreas Krämer and Dr. Jens Lüdemann want to continue the success of PikeTec and capture the significant growth potential resulting from increasing automation and digitization of vehicles. As managing partners, the founders will also continue to lead
Cairngorm Capital Partners’ portfolio company, Parker Building Supplies (Parkers), has acquired Sussex Turnery and Moulding Company Limited (Stamco).
This is a key step in Parkers’ strategy to increase its business through a combination of acquisitions, new site development and organic growth. Parkers aims to become the market-leading independent builders’ merchant in the South East of England.
Established in 1957, Stamco is a privately-owned, independent builders’ merchant and wholesale timber processing and distribution business. Headquartered in Hastings, it has five branches in Eastbourne, Hastings, Hove, Worthing and Rye. Stamco employs 180 people and in 2018, achieved GBP32 million in revenue. The
Global investment bank GCA Altium has advised Unily, an SaaS provider of digital workplaces and digital experience platforms, on a USD68 million growth investment from Silversmith Capital Partners and Farview Equity Partners.
Founded in 2005, Unily creates digital workplaces designed to improve collaboration, engage a geographically spread workforce and increase productivity. Its solutions include intranets, extranets and customer portals that combine social channels, apps, communication tools and software packages in one place.
The company has 120 employees across the UK, America and the Far East, and services a portfolio of FTSE 250 and Fortune 500 clients, spanning a diverse range
Silverfleet Capital, a Pan-European private equity firm, has agreed the sale of Phase One, a technology business specialising in high-end digital imaging software and equipment, to funds managed by Axcel.
Completion of the transaction is subject to regulatory approval.
Phase One has two divisions: Software Imaging Systems (SIS), which provides market leading raw image processing software to professional and amateur photographers and enterprises under the Capture One brand; and Image Capture Solutions (ICS), which supplies ultra-high-end, medium format camera systems for industrial applications (such as aerial mapping and inspection), as well as for professional and amateur photographers, and cultural heritage
Private equity firm OpenGate Capital has sold Omniplast to a group of European investors composed of Reedcapital, Luigi M Chiaraviglio, and Swiss Merchant Corporation.
Omniplast was acquired by OpenGate in 2015 through the firm’s original, pre-fund investment in Ivy Group. Financial terms have not been disclosed.
Andrew Nikou, OpenGate Capital’s founder and CEO, says: “We believe that Omniplast stands for global innovation in the fields of piping and fitting systems. I am incredibly proud of the efforts of OpenGate’s European team in the four years since acquiring Omniplast and have now fulfilled our mandate to exit the business at an
Leeds Equity Partners (Leeds Equity), a New York-based private equity fund focused exclusively on investing in the Knowledge Industries, has completed the sale of Educate 360 Holdings (Project Management Academy) to investment funds managed by Morgan Stanley Capital Partners. Terms of the transaction have not been disclosed.
Scott VanHoy, Partner with Leeds Equity, says: “Jason Cassidy’s strategic vision and tireless execution, along with the entire management team’s dedication to success, helped take the solid foundation we acquired in 2015 and create a long-term, market leading project management training company. We thank Jason and his team for the superb work and outcome
High Road Capital Partners’ portfolio company Banner Solutions has completed the acquisition of Berg Wholesale, marking the fourth acquisition for the company under High Road Capital’s ownership.
Based in Tualatin, Oregon, Berg Wholesale is a wholesale distributor of door hardware, bath hardware, and security products for the residential and multi-family housing markets. In addition to its Portland-area headquarters, Berg has distribution centres near Anaheim, California, and Orlando, Florida.
Banner Solutions, formerly Midwest Wholesale Hardware, was acquired by High Road Capital Partners Fund II in February 2017. Its acquisition of Berg Wholesale follows its acquisitions of Akron Hardware, Hardware Suppliers
An affiliate of HIG Capital (HIG), a private equity investment firm with over EUR26 billion of equity capital under management, is to acquire the European Polyurethane Systems Business in a carve-out transaction from Covestro AG.
The transaction is subject to clearing by the relevant antitrust authorities with closing anticipated for the second half of 2019.
The European Polyurethane Systems Business operates four systems houses in Germany, Denmark, the Netherlands and Spain. It employs approximately 250 full-time employees and generates annual sales of approximately EUR230 million. Systems houses develop and formulate tailor-made ready-to-use chemical blends for the production of a wide
Whitehelm Capital’s Listed Core Infrastructure Fund (LCIF) has passed its third anniversary achieving a return of 16.5 per cent pa gross of fees and 15.3 per cent pa net of fees, in GBP unhedged, since inception on 31 May 2016.
The Fund’s performance exceeds the OECD CPI + 5 per cent benchmark by 7.7 per cent pa. LCIF has received a 5-star quantitative Morningstar Rating as a result of its strong performance relative to its peer group. Since inception, LCIF’s investment philosophy has been underpinned by an active approach to Responsible Investment and addressing Environmental, Social, and Governance (“ESG”) issues. This
Rockpool has backed the management buyout of Datum Alloys, a steel stencil foil manufacturer in Europe and the USA. This is Rockpool’s 5th investment in the last twelve months and brings the total invested to over GBP400 million since the firm was established in 2011.
Datum Alloys (Datum) is based in Kingsbridge, Devon and was established in 1993. Datum provides precision stainless steel stencil foils to the electronics industry and is the leading supplier of its product in Europe and the USA. The company employs 32 people and has manufacturing facilities in Kingsbridge in the UK as well as Endicott
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm