Managers
Smart bike-sharing company Mobike has raised over USD600 million in a new round of financing led by existing investor Tencent, plus Sequoia, TPG, and Hillhouse Capital, among others.
New investors in this round included leading banks BOCOM International, ICBC International, and global institutional asset management firm Farallon Capital. China Renaissance acted as the exclusive financial advisor to Mobike.
Davis Wang, CEO and Co-founder of Mobike, says: “Mobike is the global leader in smart bike-sharing and through our relentless commitment to innovation we offer the world’s most advanced and user-friendly bike-sharing platform. We are pleased to secure the continued support
eQ Asset Management (eQ) has raised over USD100 million for eQ PE IX US, the firm’s second private equity offering focused investing in North America. The final closing was held on 14 June 2017.
eQ’s dirst PE fund – Q PE VII US – was founded in 2015 with USD80 million of committed capital.
In line with its predecessor, eQ PE IX US will invest in North American private equity funds with a strategy to make equity capital investments in small and midsize unlisted companies in The United States and Canada. The portfolio will consist of approximately ten funds
Private Equity investment firm Golden Gate Capital (GGC) has acquired Express Oil Change & Tire Engineers (Express Oil) from Carousel Capital.
Express Oil will remain headquartered in Birmingham, Alabama and will continue to be led by its current management team, including Chief Executive Officer Ricky Brooks. Express Oil’s management and Carousel Capital will remain shareholders of the Company. Financial terms of the transaction were not disclosed.
Founded in 1979, Express Oil is one of the largest independent automotive service platforms in the United States, with approximately 300 company-owned and franchise locations across 15 states. Express Oil pioneered a unique
Antares Capital is serving as administrative agent and sole lead arranger on a senior secured credit facility to support the acquisition of SmartBear Software (SmartBear) by Francisco Partners.
Founded in 1999 and headquartered in Somerville, MA, SmartBear is a global leader in software quality tools for teams. With over 22,000 customers, SmartBear is integral in helping software developers and testers create the highest quality software applications.
“Antares’ software knowledge and flexibility were key during this transaction,” says Brian Decker, principal at Francisco Partners. “We appreciate working with a team that understands our investment philosophy, and has a history of
European mid-market private equity investor Equistone Partners Europe has invested in Willerby, the UK’s leading manufacturer of static holiday homes.
Equistone has acquired a majority stake in the Company from Caird Capital. Financial terms of the investment are undisclosed, but CVC Credit’s European Private Debt Business provided a term debt facility to Equistone to support its investment in Willerby.
Founded in 1946, Willerby has established itself within the UK holiday home market as a brand associated with premium quality, technical innovation, and breadth of offering. From its two recently expanded production sites in Hull employing circa 900 people, Willerby
HIG Capital (HIG), a leading global private equity and alternative asset firm with over USD21 billion of equity capital under management, is pleased to announce that one of its affiliates led a strategic investment in Trace3, Inc.
Headquartered in Irvine, CA, Trace3 is a leading digital transformation and IT solutions provider to medium- and large-sized enterprise clients. Since its founding in 2002, the Company has established a regional market-leading position in the technology solutions provider space with significant expertise in areas such as Cloud, Security, Data Intelligence, DevOps, Data Center solutions, etc. Trace3 employs over 250 engineers with deep domain
Liberty Hall Capital Partners (Liberty Hall), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defence industry, has acquired Dunlop Aircraft Tyres Ltd, an independent global designer, manufacturer and retreader of aircraft tires, in a transaction valued at USD135 million.
Dunlop Aircraft Tyres represents Liberty Hall’s first portfolio company focused on providing aftermarket products and services to the global aerospace and defence industry.
Dunlop is the brand of tire originally produced by the Dunlop Pneumatic Tyre Company beginning at the end of the 19th century, taking its name from founder John Boyd Dunlop.
Orrick has advised Michelin on its acquisition of NexTraq, a US provider of commercial fleet telematics, from Fleetcor Technologies in an all-cash transaction.
NexTraq provides solutions for driver safety, fuel management and enhancing fleet productivity. Since its inception in 2000, NexTraq has become a leading provider of GPS fleet management solutions for fleets of small commercial vehicles (classes three to five) ranging from two to 50 vehicles.
“Telematics and fleet management services are a rapidly growing category worldwide and an important area of Michelin Group’s overall business plans,” says Ralph Dimenna, chief operating officer for Michelin Americas Truck Tires,
Edge Investments (Edge), a specialist investment house focused on the creative industries sector, has taken a stake in Antidote Productions.
Antidote is an independent, factual TV production company based in London, working with major UK and international broadcasters. The Company was founded by Laura Jones, BAFTA and RTS award-winning filmmaker, and factual TV expert, Leila Monks.
Antidote has fast built a reputation for creating critically acclaimed shows including: powerful documentary Professor Green: Suicide and Me (BBC 3), which was nominated for five awards (Broadcast Award, BAFTA Craft Award, Press Guild Award, Televisual BullDog Award, and Mind Media Awards) and
Private equity firm Warburg Pincus has completed its acquisition of a 35 per cent stake in tfintech company Avaloq, a specialist in integrated and comprehensive banking solutions.
Under the partnership announced on 22 March 2017, Avaloq will be able to capitalise on Warburg Pincus’ expertise and network in the financial services and fintech sectors to accelerate the company’s long-term growth and value creation strategy.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
