Managers
Sverica Capital Management has acquired a majority interest in Gener8. The investment marks Sverica’s sixth investment from its fourth fund.
Based in Sunnyvale, CA, Gener8 designs and manufactures life science instrumentation, complex clinical devices as well as advanced industrial systems, leveraging expertise in microfluidics, optics, electronics and embedded systems. Its capabilities include end-to-end design, development, prototype and low-to-medium volume manufacturing.
David Klein, founder and CEO, says: “Gener8 has independently grown to be a significant player in the technology design, engineering and manufacturing space, but in partnership with Sverica, and the associated experience and capital they bring, Gener8 will be
The Nigerian Agricultural Bank, Bank of Agriculture and the African electricity supplier Daystar Power have entered into a comprehensive cooperation to provide rural electrification in Nigeria.
The cooperation includes the supply of solar power to the bank branches as well as a concept for the supply of electricity to rural areas of the country. Since 1972, the Bank of Agriculture has been Nigeria’s leading financial institution committed to rural development. Daystar Power is a founding partner of the Africa Venture Builder Sunray Ventures.
The Nigerian Bank of Agriculture is a state-owned bank. As part of its mandate, the bank
SDC Capital Partners (SDC), a specialised private equity firm focused on the IT and communications infrastructure sectors, has held the final close of its inaugural fund, SDC Digital Infrastructure Opportunity Fund I, at its hard cap of USD400 million.
The Fund was oversubscribed and materially exceeded its original USD300 million target.
The Fund will seek to leverage SDC’s deep sector-specific experience to make value-add investments across the digital infrastructure sector. SDC has already made three investments from the Fund, most recently through the acquisition of a 280-acre data centre development site in Loudoun County, Virginia.
“We are gratified that
Rizing, a privately-held multinational company providing leading SAP functional and technical services to its customers, has acquired 3D Results, an SAP SuccessFactors Professional Services Firm headquartered in Libertyville, Illinois.
3D Results joins /N SPRO and Aasonn as part of Rizing’s Human Capital Management (HCM) services division. Collectively, the team is one of the strongest partners in the SAP SuccessFactors ecosystem through their combined end-to-end experience and leading number of implementations globally.
Mike Maiolo, CEO of Rizing, says: “With our second acquisition this year, we are executing against our growth strategy. 3D Results is a market leader in North America with a focus on
Noerr has advised the fintech company Deposit Solutions on a USD100 million investment round with Vitruvian, Kinnevik and existing shareholders.
Besides the main investor Vitruvian Partners, Kinnevik and existing shareholders such as e.ventures were also involved. Due to this financing round, the valuation of Deposit Solutions has increased to USD500 million.
Deposit Solutions operates the world’s first open banking platform for savings deposits and works with over 70 partner banks in 16 countries, including Deutsche Bank and the Fidelity subsidiary FFB. Via the distribution channels Zinspilot and Savedo, Deposit Solutions also markets selected deposit offers of the partner banks
Eaton Partners has served as the exclusive placement agent for SDC Capital Partners’ (SDC) first-time fund that will invest in IT and communications infrastructure, with a focus on data centres.
The SDC Digital Infrastructure Opportunity Fund I LP reached its hard cap of USD400 million in capital commitments in less than six months. The oversubscribed fund received strong support from a diverse range of institutional investors, primarily top-tier endowments along with foundations, pension plans, consultants, and high net worth individuals.
SDC Founder and Managing Partner Todd Aaron has also co-founded and co-led Sentinel Data Centers since its inception in
Verifone Systems, a specialist in payment and commerce solutions, has been acquired by an investor group led by Francisco Partners, a leading technology-focused private equity firm, and including British Columbia Investment Management Corporation.
The acquisition was previously announced on 9 April 9 2018. With the transaction completed, Mike Pulli becomes Verifone’s new CEO.
“The closing of this transaction represents a new and exciting chapter for Verifone as we seek to continue the transformation of Verifone from a terminal sales company to a leading provider of payments and commerce solutions,” says Pulli. “Francisco Partners brings deep industry expertise in payments
Avedon Capital Partners and Management have sold CycloMedia, an international provider of accurate geospatial imagery-data and data analytics to Volpi Capital, a European growth investor, based in London, UK.
Both Management and Avedon are pleased with this transaction which confirms the value creation strategy that was actively pursued in partnership.
Founded in 1980 and based in the Netherlands, CycloMedia provides a rich end-to-end B2B geo-data and software platform and has an established presence in the US, Dutch, German and Scandinavian markets. Using proprietary cloud-based technologies, CycloMedia’s high accuracy data sets allow governments and enterprises to assess, analyse and measure
Through its IDEAS Managed Fund, African Infrastructure Investment Managers (AIIM) has acquired stakes in nine new solar and wind power plants in South Africa.
When all nine power facilities are fully operational, which is expected to be at the end of 2020, they will provide an additional 800 MW of renewable energy capacity into South Africa’s national power grid. The power facilities will deliver about 2 425 GWh annually, preventing around 2.4 million tonnes of carbon emissions from traditional fossil fuel power plants per annum. When operating at full capacity, they are expected to supply enough green electricity to power
BGF has successfully exited its investment into Leicester-headquartered MPK Garages, an independent operator of fuel forecourts under the Texaco and Gulf brands.
The company has been acquired by Stratford Retail Group as part of its strategy to build a group of fuel and retail forecourts in the UK.
BGF initially invested GBP7 million alongside a further GBP7 million from HSBC in March 2016 to support the expansion of MPK’s portfolio and to refresh seven sites within the existing estate. The new sites, which all feature retail outlets in addition to the fuel forecourts, have been added in Belper
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
