Managers
Exaltare Capital Partners has held the successful closing of its initial private equity fund, Exaltare Capital Partners Fund I, at USD90 million.
Limited partners include a range of sophisticated institutional investors, family offices and asset managers. Founded in 2012, Exaltare is focused on acquiring niche-leading, owner-operated lower middle market businesses.
With the closing of Fund I, Exaltare also recapitalised ECP-PF Holdings Group. PF Holdings was formed in December 2012 by Exaltare and Brightwood Capital Advisors to acquire 15 clubs in Connecticut operating under the Planet Fitness brand. Through a combination of acquisitions and new club development, the PF Holdings
Preservation Capital Partners (Preservation Capital), a financial services focused private equity firm, is to acquire a substantial stake in Ascent Underwriting (Ascent), a cyber and specialty lines MGA.
Preservation Capital will provide significant growth capital to support Ascent’s growth ambitions through the development of new business lines and complementary products via the acquisition of emerging risk/specialist MGAs and through selective team hires.
The investment will assist Ascent to meet the strong growth in demand for cyber insurance cover globally and further develop Ascent’s proprietary OPTIO technology platform, while expanding its global distribution and in-house talent base.
The existing
Tikehau Capital AUM reached EUR12.6 billion as at 30 September 2017, a 13 per cent net increase compared to 30 June 2017 and a 26 per cent increase since 31 December 2016.
The growth of EUR1.5 billion in AUM since 30 June 2017 was mainly driven by inflows of EUR0.6 billion in the private debt business and inflows of EUR0.3 billion in the liquid strategies. The private equity business also benefitted from the EUR0.7 billion capital increase completed on 23 July 2017.
In the private debt business, the increase in AUM was mainly driven by (i) Tikehau Direct Lending IV,
Westpac Banking Corporation and Northill Capital have entered into an agreement regarding the sale of Hastings.
Northill is an independent, privately held asset management business, established in London in 2010. Northill is a long-term investor in high quality, specialist asset management businesses, with extensive global operating experience. As at 30 September 2017, assets under management by businesses in which Northill owns a majority interest total approximately USD48 billion. Northill is focused on investing in a long-term partnership, supporting the continued development of Hastings as an independent asset management business and providing significant co-investment capital to enhance alignment with investors.
Private equity firm High Street Capital has acquired a controlling interest in Open Range Beef, a niche provider of beef processing services, focused on serving the Certified Organic, grass-fed, antibiotic-free, toll processing and other niche markets.
Open Range Beef focuses on food safety, employee safety, quality processes, humane animal handling practices and traceability, as evidenced by its certifications from Oregon Tilth and Safe Quality Foods, among others.
The acquisition is High Street’s eighth platform investment for Fund IV.
Andrew Simmons, an HSC Principal, says: “Under the ownership of Jill Noetzelman, Pat Shudak and Tim Donmoyer, Open Range Beef
Caseking, a European online-retailer and distributor of gaming and PC accessories backed by Equistone Partners Europe (Equistone), has acquired Trigono, a B2B software and hardware distributor, from financial holding company Bratt International.
The acquisition strengthens Caseking Group’s position in the Scandinavian market, while the Caseking product range will open up growth opportunities for Trigono. Financial terms of the deal have not been disclosed.
Equistone acquired Caseking in March 2014 and has since supported the Company’s growth strategy. Having acquired leading British hardware component supplier Overclockers in 2012, Caseking has strengthened its presence in other key European regions since Equistone’s
Audax Private Equity has acquired Ecolab’s Equipment Care business from Ecolab Inc, a provider of commercial kitchen repair, maintenance services, and parts to the US commercial food service industry.
Equipment Care services 40,000 locations across 25 states with 500 technicians and 400 subcontractors and distributes 25K SKUs of OEM and private label parts. Terms of the transaction were not disclosed.
Geoffrey Ss Rehnert, Co-Chief Executive Officer, Audax Group, says: “Ecolab’s Equipment Care is a leader in the kitchen equipment repair industry. We look forward to working with Bill Emory and the rest of the Equipment Care team to build
Wynnchurch Capital has completed an investment in America II Group, an electronic component distributor, supplying a broad array of products for use in higher value-add applications across diversified end-markets including industrial controls and sensors, medical devices, data networks, internet-connected products and material handling/transportation equipment.
The Company was founded in 1989 and is headquartered in St. Petersburg, Florida with a global footprint and offices in the UK, Germany, China, Japan, Singapore and Mexico.
“We are excited to partner with a great management team and invest in a global market leader with a differentiated value proposition, diversified customer base and growing
Bedell Cristin has advised Leonard Green & Partners (LGP), a US private equity investment firm, on its acquisition of intellectual property management and technology group, CPA Global.


CPA Global was founded in Jersey in 1969 and has grown to become a major international organisation, servicing customers’ needs in 200 jurisdictions. The group specialises in registration, protection and administration of intellectual property, and it offers its customers a unique integrated platform of IP software and technology-enabled solutions.


LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles. The firm partners with experienced management teams,
Funds managed by Clayton, Dubilier & Rice (CD&R) are to acquire a majority stake in SunSource Holdings, a distributor of hydraulic and pneumatic fluid power products in the US and Canada. Terms of the transaction have not been disclosed.
SunSource serves a diverse customer base which includes more than 20,000 original equipment manufacturers and end users of hydraulic and pneumatic equipment. The company’s broad product portfolio of pumps, motors, valves, cylinders and components for use in mobile hydraulics and electronics, industrial hydraulics and pneumatics, automation and fluid process equipment exceeds 200,000 SKUs. SunSource serves equipment manufacturers and users across a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
