Managers
Innova Capital’s portfolio company Profim, a Polish manufacturer of office chairs, is to join the Norwegian Flokk Group, which owns a host of office furnishing brands. As a result of this transaction, Innova will become Flokk’s largest minority shareholder.
“Flokk’s ambition is to become one of the leading European players in the office furniture market. After Profim joins the Group, our position in our key markets will be even stronger”, says Lars I Røiri, CEO of Flokk. Triton Partners, its major owner to-date, will continue to be Flokk’s majority shareholder. The parties to the deal have not divulged its value.
Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has launched the Africa Power Investment Platform in partnership with Themis.
Themis has been responsible for developing and financing some of Africa’s most significant infrastructure and power projects over the last decade while Denham Capital is an investor and developer of natural gas-fired and renewable power generation assets across Africa.
The Themis team comprises professionals with wide-ranging experience in power project development, equity investments, lending and arranging senior and sub debt facilities in limited recourse and corporate finance transactions across Africa, Asia, Europe, and the
SALI Fund Management, a specialist in the creation and administration of Insurance Dedicated Funds (IDFs), has secured a growth capital investment from affiliates of Long Ridge Equity Partners LLC.
Proceeds from the financing will be used to further invest in growth initiatives and to provide partial liquidity to retired shareholders and will allow active shareholders to continue to invest in the business. The day‐to‐day operations and decision making of SALI will remain unchanged with the firm’s Managing Principal, Thomas A Nieman (pictured), continuing to lead the organisation.
Founded in 2002, SALI administers IDFs for a broad range of alternative
SwanCap has held the final close for its latest fund at EUR433 million, comfortably exceeding its EUR400 million target.
SWAN III provides exposure to the private equity mid-market in Europe and North America via a combination of primary funds, direct co- investments as well as select secondaries.
The LP base of SWAN III includes many institutional investors, public and corporate pension funds, insurance companies, endowments, foundations as well as large family offices. As per today the Fund has already closed 20 transactions and as such deployed circa 50 per cent of total commitments across all three investment strategies.
GALA Kerzen, a manufacturer of candles, headquartered in Germany, is expanding through the acquisition of a majority stake in Ramesh Flowers, an Indian manufacturer and exporter of potpourri, air fresheners, incense sticks, candles and decorative products.
The deal represents the first purchase for the Bavarian candle manufacturer since its acquisition by funds managed by Equistone Partners Europe (Equistone) in 2016. The acquisition of Ramesh Flowers will expand GALA Kerzen’s range of high-end scented and decorative products and enable the company to move into new markets outside Europe. The financial terms of the deal are undisclosed and completion remains subject to
Catalyst Development, a specialist financial markets consultancy, has acquired investment management consultancy Knadel.
The deal is the first in a series of planned strategic acquisitions by Catalyst, with the combined group forecast to almost double business revenues in the coming financial year. The acquisition follows investment from mid-market private equity firm Livingbridge in October 2017.
Knadel provides business and technology consulting across the full range of the investment industry. Since launching in 2009, Knadel has worked on circa 400 projects with over 120 different clients. With offices in London and Jersey, Knadel works with firms who have UK, European
Clayton, Dubilier & Rice-Backed Motor Fuel Group (MFG), has acquired MRH, the UK’s largest petrol station and convenience retail operator in a transaction valued at approximately GBP1.2 billion.
The deal will create the UK’s No1 operator by number of sites and No2 by fuel volume.
MFG and MRH together will operate more than 900 sites, which are predominantly company-owned and franchisee-operated and manage third-party fuel, convenience, and foodservice brands. These include fuel brands BP, Esso, Jet, Murco, Shell and Texaco and retail brands Budgens, Costa Coffee, Greggs, Spar and Subway, as well as the MRH-owned brand, Hursts. On a
Epiris Fund II, advised by Epiris LLP, has agreed to acquire Time Inc UK (TIUK), one of the UK’s largest consumer magazines and digital publishers, from Meredith Corporation. Financial terms of the transaction have not been disclosed.
TIUK’s 50-plus brands reach 17 million adults and 13 million online and digital users across the UK. The company’s portfolio spans a range of interest areas, from entertainment and women’s lifestyle to luxury, sports and technology. Amongst its titles are household names such as Woman’s Weekly, Country Life, Ideal Home and Trusted Reviews, as well as specialist titles such as Decanter, Wallpaper, Cycling
CYOSS a German provider of data analytics, IT and OT security, has acquired RadarServices, a European technology company in the field of cyberattack detection & response.
Drake Star Partners acted on this transaction as exclusive financial advisor to CYOSS and its parent company ESG Elektroniksystem-und Logistik, a specialist in development, integration and operation of complex and security-related electronic- and IT systems.
The integration of RadarServices into the CYOSS operations allows full coverage of the cyber security value chain and the merging of conceptual and operational business levels.
The merged company now shows a fully combined portfolio of consulting,
Hg has today made an investment in DADA, a provider of online hosting services to SMEs in Italy, the UK and other regions across Europe.
Founded in 1995, DADA is headquartered in Florence and has around 650,000 business and consumer customers across Europe. DADA’s digital services enable SMEs to administer their online presence: creating, managing and hosting domains and websites.
As well as operating in Italy under the Register.it brand, DADA also operates in the UK, Ireland, Spain, France, Portugal and the Netherlands under the Namesco, Register365, Nominalia and Amen brands, respectively.
The process follows an initial investment
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
