Managers
Avedon Capital Partners and Management have sold VanRiet Material Handling Systems (VanRiet), a provider of integration systems, equipment and after-market services solutions, to Material Handling Systems (MHS), a leading provider of advanced parcel sortation systems, engineering and equipment, backed by Thomas H Lee Partners.
Closing is subject to regulatory approvals.
Founded in 1948 and based in the Netherlands, VanRiet offers a complete range of automated sortation systems, integration and engineering services, sortation equipment, and after-market services solutions to its global, blue-chip customer base. With an experienced and highly qualified management team and employee base, VanRiet serves high-growth end markets,
Seedcamp has held the final close of its fourth fund at GBP60 million, in a heavily oversubscribed round that includes GBP2 million of investment from Seedcamp founders and mentors through a new partnership with equity crowdfunding platform, Seedrs.
The announcement comes six months after the first close of Fund IV at GBP41M in November 2017.
New investors in Seedcamp Fund IV include over 100 founders, mentors and angels from the Seedcamp nation including the likes of Daniel Dines (UiPath), Taavet Hinrikus (TransferWise), Sten Tamkivi (MoveGuides), Ryan Notz (MyBuilder) and Bostjan Spetic, Andraz Tori and Todd Sawicki (Zemanta). Seedcamp Fund
Carey Olsen has advised Techemy Capital Limited on the launch of HODL 1 – a closed-ended fund vehicle targeting investments into private-sale stage initial coin offerings (ICOs).
The fund, which has been authorised under the Jersey Private Fund regime, has appointed Techemy Capital Limited as investment adviser and will invest in cryptographic token deal flow.
The Techemy Group, based in New Zealand, owns and operates a range of businesses which assist in institutionalising this new asset class.
Partner James Mulholland led the Carey Olsen team advising Techemy Capital and was assisted by senior associate Lauren Fletcher.
Mulholland
Facebook and Luxcara, an asset manager for renewable energy investments, have entered into long-term power purchase agreements (PPAs) for 100 per cent of the output and environmental (green) attributes of three contiguous wind projects – Gravdal, Skinansfjellet and Eikeland-Steinsland – in southwest Norway.
The projects, known collectively as the Bjerkreim cluster, will consist of seventy wind turbines of 4.2 MW each and should reach commercial operation in Q4 2019.
Facebook’s PPAs will provide the long- term financial certainty needed for the projects, which comprise an aggregate investment exceeding EUR400 million, to be financed, constructed, and operated by Luxcara. The
Hg Saturn Fund and Intermediate Capital Group (ICG) have partnered to make an investment in IRIS, a provider of software and services to the UK accountancy, education and business market, representing the largest UK and third largest European private equity software buyout ever.
The terms of the transaction, which is subject to regulatory approvals, have not been disclosed.
Over 21,000 accountancy practices and more than 80,000 small and mid-sized businesses, corporates, and payroll bureaus rely on IRIS to run their business every day.
IRIS exhibits a number of Hg’s ‘sweet spot’ business model criteria, including a strong product
Global investment manager AMP Capital has entered into a 50/50 partnership with Invenergy Clean Power LLC (“ICP”) to invest in Invenergy’s operating and development portfolio of natural gas-fired power generation facilities across the United States, Canada and Mexico.
The investment provides AMP Capital access to one of the largest privately-held gas-fired generation portfolios in the US and a rare opportunity to invest in a low-emissions generation fleet with scale. The operating and development projects are diversified across multiple North American power markets, contract counterparties, and technologies.
AMP Capital and ICP will share joint ownership and governance of the new
Antin Infrastructure Partners (Antin), an independent private equity firm focused on infrastructure investments, is to acquire Idex, an independent energy infrastructure and energy services company in France, from Cube Infrastructure Managers (Cube).
Founded in 1963 and headquartered near Paris, Idex is an integrated operator of energy infrastructure assets, operating 41 district heating and cooling networks (including the Paris La Défense network), 13 energy-from-waste facilities and a large portfolio of energy services contracts for a wide variety of counterparties. With a nationwide footprint, the Company employs almost 4,000 people and posted revenues of approximately EUR 860 million in 2017.
Following
Gloucestershire law firm BPE Solicitors has acted for Allenby Capital Limited, a nominated adviser and broker for the AIM market in a deal that raised approximately GBP3.5 million for Grafenia.
Grafenia is the company behind the Nettl network of web studios – including those situated in Cheltenham and Gloucester. Allenby Capital Limited is employee-owned and provides brokerage and advisory services to fast growing companies, especially those looking to join AIM.
This most recent deal builds on the experience of the Corporate team in BPE; having acted for a large number of AIM company clients, this represents the first time
International law firm CMS has advised UK gaming company The Rank Group (Rank) on the acquisition of the entire issued share capital of QSB Gaming Limited, owner of YoBingo.es, a Spanish digital bingo business, for up to EUR52 million.
The acquisition of the Yobingo Group expands Rank’s digital footprint in Spain and provides it with a proprietary platform and content for the Spanish market with strong potential to support other regulated markets. This deal further solidifies CMS’ pre-eminence for M&A in the gaming sector, and follows the firm’s recent roles on the GBP176 million recommended takeover of AIM-quoted online gaming
Foresight Group (Foresight) has made a GBP3 million investment into Altrincham-based, DA Languages Limited (DAL).
DA Languages is a fast-growing interpreting and translation services business with a network of thousands of vetted professional linguists, who speak more than 450 languages, from Polish to Abkhaz and Zulu and complete thousands of interpreting and translation jobs each month. The Company offers three core services, face-to-face interpreting, telephone interpreting and written translation services to corporates, charities, NHS Trusts and City Councils.
The Company was founded in 2007 by Actar Arya, when she recognised a gap for high quality and reliable interpretation services
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
