Allocations
Arlington Capital Partners (Arlington Capital), a Washington, DC-based private equity firm, has acquired a majority stake in Octo Consulting Group, a supplier of solutions for the US Government across healthcare, national security, civilian and defence agencies.
Octo’s specialised solutions for Agile software development, UI/UX, cloud, infrastructure, blockchain, and other emerging technologies support a wide variety of missions and empower agencies to modernie their ageing infrastructures.
Michael Lustbader, a Managing Partner at Arlington Capital, says: “We have known Mehul and Bob for many years and have watched their success as they have grown and established Octo as the company it is
Funds advised by Permira Debt Managers (PDM) are to support private investment house Ardian in its acquisition of a majority stake in Revima, an international maintenance, repair and overhaul (MRO) specialist in the aviation sector.
The transaction, co-arranged with incumbent lender Tikehau Capital, continues PDM’s focus on supporting niche market leaders with strong, long-term growth in resilient markets.
Founded in 1952 and headquartered in France, Revima group is a leading independent player in the civil and freight aviation MRO market, specialising in auxiliary power units and landing gears. Revima supports aircraft operators, lessors and repair stations worldwide, positioning it
Nauta Capital, a pan-European VC investing in capital-efficient B2B software companies and lean consumer plays, has closed a new EUR55M fund dedicated to backing its existing later-stage portfolio companies.
The VC firm, with offices in London, Barcelona and Munich, invests in early-stage technology companies from late Seed and Series A and will use the new later-stage fund - dubbed ‘Sidecar Fund’ - to inject follow-on capital primarily from Series C in its portfolio as they mature for later-stage funding.
Backed by current investors from continental Europe, UK and the Americas, including the British Patient Capital, the European Investment Fund,
The last two years have been a boon for global private equity managers. In 2017, total net new assets reached USD552 billion according to Preqin, and although slightly down in 2018, the asset class still attracted USD426 billion.
With close to USD1 trillion in net inflows, it seems investors can’t allocate to private equity fast enough, snapping up co-investment and secondary opportunities to supplement their primary allocations as they seek to maintain healthy long-term returns in what remains a low-rate, low-return environment.
Large managers have dominated the fund raising environment, with Carlyle Group closing the largest fund, Carlyle Partners VII,
UK SME finance provider Maven has completed a GBP450,000 debt funding package to Reed Thermoformed Packaging Ltd (trading as “iPac”) via the North East Development Capital Fund, supported by the European Regional Development Fund.
The funding will enable the company to continue to invest in its state-of-the-art facility to deliver on its ambitious expansion plans.
iPac is a manufacturer of thermoformed packaging supplying bespoke and standard packaging for the food and non-food packaging sectors. The business offers innovative solutions to packaging challenges, combining ingenuity with extensive process, tooling and design expertise to deliver aesthetically and functionally superior packaging to
An affiliate of private equity firm HIG Capital (HIG) has completed the acquisition of Craig Holdings, Inc (Jenny Craig), a specialist in the weight loss industry in North America, Australia and New Zealand.
Founded in 1983 and headquartered in Carlsbad, California, Jenny Craig offers personalised science-based meal plans, chef-crafted premium foods, and a dedicated consultant for each client to provide ongoing support and accountability. The Company’s Innovative Rapid Results Program uses Nobel Prize winning science involving the human body’s circadian rhythm to deliver weight loss and significant health benefits.
“HIG will enable Jenny Craig to continue successfully delivering our time-tested
2018 marked another record year for global venture capital financing, with a total disclosed value of USD185 billion (EUR165 billion) raised across more than 12,500 transactions, according to new analysis carried out by Hampleton Partners.
The company’s latest report reveals that total transaction volume grew five per cent per year from 2014 to 2018 across the globe, while total value raised grew by 13 per cent, suggesting that funding rounds are becoming larger.
The Asia-Pacific region registered the largest number of deals in 2018 at 6,676, followed by North America with 5,640 and Europe with 2,601.
Asia-Pacific also charted
Intechnica – a Manchester-based technology business – has closed a GBP2.85million funding round led by investment group Mercia.
The lead investment of GBP2.0million came from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. An additional GBP750,000 was invested by Mercia Technologies PLC and GBP100,000 by existing private investors as part of the funding round.
The funding will help the company to grow its cyber security division, Netacea, in the UK, North America and other international markets, and expand Intechnica’s consultancy services.
Founded in 2006 by Jeremy
VSS portfolio company Coretelligent, a provider of comprehensive managed IT and private cloud services, has acquired managed services IT firm United Technology Group. Financial terms of the private transaction have not been disclosed.
United Technology Group specialises in co-managed technology services, including cybersecurity, professional services, hardware and software sourcing. United Technology Group is a leading cloud reseller and IT managed services provider in the Southeast, offering collaborative support and business technology alignment to a broad base of customers in the region.
With this acquisition, Coretelligent cements their nationwide reach by adding an office in Atlanta, joining the four current Coretelligent
Simudyne, a simulation technology company, has closed a USD6 million Series A fundraise, led by Barclays alongside a distinguished set of institutions.
The new funding round includes Graphene Ventures, an early investor in Snap and Lyft, and Gauss Ventures, whose team were early investors in Revolut and Tandem, bringing total capital raised since Simudyne was formed to USD10 million.
With a 600 per cent year on year increase in revenue in 2018 following the addition of new global banking clients, Simudyne has grown to 30 staff members including six PhDs with expertise across fields such as market simulation, fraud
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm