Managers
Pollen Street Capital, an independent alternative asset investment management company focused on the financial and business services sectors, has acquired a majority stake in BIK, a Polish insurance services provider.
BIK is a rapidly-growing insurance services platform focused primarily on the Corporate Motor insurance market in Poland. The business was established in 1999 and has since evolved into a leading specialist, offering an end-to-end service from initial policy search and selection advice, to documentation fulfilment, in-life administration and claims management.
The stake was acquired by funds managed by Pollen Street Capital from Syntaxis Capital, a CEE-focused growth credit manager, and BIK’s founding shareholders, one of whom will retain a significant minority stake
One on One Physical Therapy and JAG Physical Therapy, providers of outpatient orthopaedic physical therapy services, have combined as a single platform and entered into a strategic relationship with Pamlico Capital.
The formation of JAG-ONE Physical Therapy, led by three of the nation’s most accomplished physical therapists, John Gallucci Jr, Chief Executive Officer, Richard Bodian, Chief Clinical Officer, and Joseph Saraceno, Chief Operating Officer, brings together their years of experience, clinical aptitude, and business acumen to create a forward-thinking, patient-centred approach to rehabilitation. Pamlico Capital has signed a definitive agreement for an investment in a management service organisation formed to
Stroock & Stroock & Lavan has advised The Ultimate Software Group on its acquisition of PeopleDoc SAS, an HR service delivery platform based in Paris, France, for approximately USD300 million in a combination of cash and stock.
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 40 million people records in the Ultimate cloud. Ultimate’s award-winning UltiPro product suite delivers HR, payroll, talent, and time and labour management solutions that connect people with the information they need to work more effectively.
The Stroock team was led by Christopher Doyle, co-chair of Stroock’s Corporate Group, and
YFM Equity Partners (YFM) has backed the MBO of DSP Database Managed Services (DSP), a provider of database and data platform managed services.
Charlie Robinson and Ian Waterfield led the investment for YFM, which marks the sixth investment from the firm’s Buyout Fund I.
DSP is a UK-based supplier of data platform support & consulting services, whether on-premise, in-the-cloud or hybrid. The company has both Oracle and Microsoft delivery teams that deliver support, consultancy and managed cloud services to a wide range of mid-market and FTSE 100 clients.
DSP was founded in 1999 and set out to become
If one looks at Private Equity & Real Estate (PERE) assets, they’ve been growing substantially over the past decade. Since December 2007, PERE assets have more than doubled from over EUR3 trillion to EUR6 trillion.
In some respects, private equity has become a victim of its own success with approximately USD1 trillion in the form of dry powder (or capital yet to be invested). Factor in the increased level of competition as a result of large institutional investors directly investing, which is pushing valuations higher, and the net result is that it is becoming harder for PE and RE fund
Hazy, a London-based AI company focused on ethical, GDPR-compliant data sharing for responsible businesses, has secured an additional USD1.8 million in a seed funding round led by UCL Technology Fund, alongside Nationwide Building Society, Pentland, Amadeus Capital Partners, AI Seed and other investors.
This takes Hazy’s total seed funding to USD2.8 million following a USD1 million investment from M12 and Notion, awarded to the company in May, after Hazy was declared the European winner of global startup competition Innovate.AI.
Hazy, founded less than 18 months ago, was spun out of UCL (University College London), and raised GBP340,000 pre-seed in October 2017 in a round led by the UCL Technology
UK holiday park operator Coppergreen has acquired Kenwick Park Golf Hotel and Spa and Lodge Park in Lincolnshire and Clumber Park in Nottinghamshire, doubling the size of its portfolio.
BGF, the UK’s most active growth capital investor, has invested a further GBP10 million of growth capital while HSBC has provided GBP15.3m towards these purchases and general group capital expenditure. The new funding takes BGF’s total investment in Coppergreen to GBP21 million.
In addition to the two new acquisitions, Coppergreen owns and operates Woodland Lakes in North Yorkshire and Piperdam Golf & Leisure Resort in Scotland, which has been awarded
O’Melveny has represented live streaming platform SportsCastr in the sale of a minority stake to the National Football Association Players Association (NFLPA).
As part of the deal, SportsCastr has become an official licensee of the NFLPA for mobile apps and web-based platforms that enable fans to utilise video streams and chat technology to discuss sports topics.
Sportscastr is a live-streaming platform that allows anyone to become a colour commentator. In the deal, active and former NFL players will provide live commentary across various professional and college events using SportsCastr.
The deal was conducted through the NFLPA’s OneTeam Collective
LegalZoom, a provider of legal solutions for small businesses and families, has secured a USD500 million secondary investment led by Francisco Partners and GPI Capital, with participation from one or more Franklin Templeton Investments funds and funds managed by Neuberger Berman Investment Advisers.
“Delivering valuable solutions that naturally evolve into deeper relationships with customers has resulted in a rare combination of healthy profitability and accelerating revenue growth,” says LegalZoom CEO John Suh. “We’re excited to partner with an impressive set of new growth equity investors that will support our efforts to democratise law.”
LegalZoom continues to build on its
Global investment bank GCA Altium has acted as exclusive M&A and debt adviser to Phoenix Equity Partners (Phoenix) on its investment in Nexus Vehicle Rental (Nexus), in a transaction that values Nexus at GBP142 million.
Nexus is the leading technology platform for B2B vehicle rental in the UK and this marks the 24th technology transaction led by GCA in 2018.
This is the second transaction GCA Altium has completed with Nexus in 12 months (following the December 2017 refinancing) and further extends GCA’s leadership in the mobility technology space, with other notable transactions including the sale of Urban Engines
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
