Managers
Branch Messenger, the employee self-service platform that offers enterprises unprecedented access to their frontline workers at scale while also empowering hourly shift workers to manage their work lives in real-time, has closed more than USD10 million in funding.
The funding includes a recently closed USD6.8 million Series A funding round led by March Capital Partners led the round with participation from CrossCut, Techstars Ventures, Matchstick Ventures, and other investors. Branch will use the funds to rapidly build its team to drive enterprise partnerships and to expand the base of shift workers worldwide who are already experiencing the benefits of its
An affiliate of CoBe Capital, a global private investment firm focused on operation of non-core and underperforming business units, has completed the acquisition of the Völker business from Hill-Rom Holdings.
Headquartered in Witten, Germany, Völker is a premier producer of high quality long-term care and acute care healthcare beds. Völker has been a market leader for decades and is well-known for developing a new generation of top-choice beds for occupants and caregivers alike. Continuous product innovation and process improvement are hallmarks of Völker, which employs nearly 250 people at its Witten-based production site.
Neal Cohen, CoBe Capital’s Founder and Managing Director,
Elevate Innovation Partners (EIP) has held the first close of its Venture Capital fund at USD15 million.
Consistent with EIP’s focus, the fund will seek to capitalise fintech, enterprise software, marketing analytics and new media platform startups that have validated business models and are generating revenue. The geographic focus is on the US East Coast with selective investments in India, Germany and Netherlands – all regions where the fund has local partners.
The general partners and board of EIP possess significant investment experience. Chairman and founding member of EIP’s board, Sridhar Chityala, has held executive management roles at JP
Cannon Safe, a specialist in residential safes, has partnered with private equity firm MidOcean Partners (MidOcean) to acquire Stack-On Products (Stack-On), a provider of secure storage and home organisation products.
The combined business will be led by Aaron Baker, Chief Executive Officer of Cannon Safe, who is maintaining a meaningful stake in the company.
Baker says: “Combining Cannon Safe and Stack-On creates a market leading platform that dramatically expands our presence in the residential safe and secure storage markets under these iconic brands and best-in-class products, positioning us to truly meet our stated goal of ‘A Safe in Every
One Equity Partners, a middle market private equity firm, has exited Netaş, a Turkish technology and telecommunications systems integration and software development company.
The interest was sold to ZTE Corp., a Chinese multi-national telecommunications equipment and systems business serving the Mobile Internet, for $101 million, subject to certain adjustments.
Headquartered in Istanbul and founded in 1967, Netaş’ is the number one system integrator in Turkey. The Company’s workforce of more than 1,000 employees provides a wide range of systems integration and technology services for public and private telecommunications companies, including outsourced technical support and software development services. The investment
WHIreland has acted as sole bookrunner to Surgical Innovations Group, a designer and manufacturer of medical technology for minimally invasive surgery, on its GBP5.5 million fundraising.
The funds are being used in connection with the acquisition of Elemental Healthcare Limited, a UK-based specialist distributor of medical products, which has been the exclusive distributor of SI branded products in the UK since 2007.
Tim Feather, Corporate Finance Director at WHIreland, says: “The acquisition of Elemental by Surgical Innovations is a natural progression from their longstanding distribution relationship. The acquisition significantly increases the scale of the business and demonstrates the exceptional
The State Street Global Exchange Private Equity Index (GXPEI) continued its gains going into 2017, rising 3.95 per cent in the first quarter representing the highest quarterly return in two years.
The increase was driven by the strong performance of Buyout Funds and Private Debt, along with a significant improvement in Venture Capital.
Overall the index has continued to see positive net cash flows to investors in Q1 going into Q2 with contributions remaining steady and low while distributions have increased slightly as compared to the same period of 2016.
The GXPEI is based on directly sourced limited
Shore Capital Partners’ (Shore Capital) portfolio company EyeSouth Partners (EyeSouth) has completed a strategic partnership with Georgia Retina, one of the largest retina medical practices in the Southeast USA.
“Our primary aim at Georgia Retina has always been to deliver exceptional medical and surgical retinal care combined with an outstanding patient experience,” says Dr Michael Jacobson, who along with Dr. Scott Lampert founded Georgia Retina in 1994. “To further and build upon this mission in the rapidly changing healthcare environment, we have decided to enlist Shore Capital and EyeSouth as our partners to help us strengthen and expand our administrative
Waterland Private Equity, along with the founders John Keller and Frank Rittmann, has sold its stake in Ranger Marketing to Ströer.
The Cologne-based acquirer will continue to support the direct sales specialist to further expand its focus on dialog marketing, adding a new sales channel to its subsidiary Avedo Group.
Dr Carsten Rahlfs, partner at Waterland and Head of the Düsseldorf office, says: “Together with the Ranger management team we have continuously developed the group’s strategic focus and pursued digitalization since the beginning of our investment in 2010. We have succeeded in strengthening long-term customer relationships and created strong
Foresight Group has sold MPLSystems Limited (MPL) to Industrial and Financial Systems, IFS AB (IFS).
MPL is a provider of customer and field service technology in Europe, offering a wide range of innovative customer contact technologies, customer engagement CRM and field service management software, all provided on an omni-channel basis. When combined with IFS’s leading service management offering, the Company will be able to deliver a full end-to-end customer engagement solution to customers worldwide.
Foresight has been a supportive shareholder over a number of years. Since Foresight’s first investment, revenue from the technology part of the Company has grown
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
