Managers
VARIV Capital, a Latin America venture capital firm, and Chilango Ventures, an investment firm with offices in San Francisco and Mexico City, have invested in MPOWER Financing.
The investment aims to help the fintech firm expand its presence in Latin America and attract a greater number of high-potential students to America’s best colleges and universities.
Latin American students already represent 25 percent of MPOWER’s outstanding loan portfolio, with Mexico representing the third-largest student population currently studying in the US through MPOWER’s financial support.
“We have worked diligently to attract sophisticated investors like VARIV Capital and Chilango Ventures who
Pamplona Capital Management, together with the existing management team, has acquired a majority interest in Legacy.com, a provider of obituary-related products and services to newspapers, funeral homes, and more than 43 million monthly visitors across the globe.
It is Pamplona’s fourth investment from Pamplona TMT I, its USD1 billion, US-based private equity fund focused on growth equity and control investments in the technology, media, and telecommunications sectors.
This investment follows more than a decade of double-digit growth at Legacy.com, driven by a surging e-commerce business, a flourishing top 40 internet web domain, and an expanding US and global presence.
Fengate Real Asset Investments has closed its new private equity fund, the LPF Equities Fund, with USD100 million in committed capital.
Its initial investment is in the Cricket Energy Group of Companies.
With the new private equity platform, Fengate will leverage strategic relationships developed through the firm's experience in the infrastructure and real estate sectors to identify businesses with strong fundamentals and attractive investment characteristics.
The new fund will target investments in mid-market, growth-oriented, operating businesses and strategic platforms across a targeted range of industry sectors in North America, in alignment with Fengate's approach and focus.
"We
Aspinall Capital Partners and Perscitus have completed the joint acquisition of powder coating company Vertik-Al Limited.
Led by Jon Moulton’s family office, the transaction was facilitated by debt funding from Clydesdale and Yorkshire Bank.
Under the terms of the agreement Vertik-Al and its group companies have become subsidiaries of a newly formed holding company.
Following the transaction, Graham Brown has been appointed MD of the group, while Angus Mackie has taken on the role of group financial director. Wade and Mike Lock together with Richard Gibbs will continue as directors.
Steve Aspinall, CEO and founder of ACP, says:
Private equity firm Golden Gate Capital has completed the acquisition of Cole-Parmer from private equity firm GTCR.
Founded in 1955, Cole-Parmer is a designer, manufacturer, and distributor of specialty lab equipment with particular expertise in fluid-handling, test and measurement, and electrochemistry.
The company sells its products and services to a diverse range of customers in the healthcare, biotech, pharmaceutical, environmental, and food industries, among others. The company offers a diverse range of product lines, including brands such as Masterflex, Ismatec, Oakton, and the Cole-Parmer private label, to an international network of laboratory managers and independent dealers.
Rajeev Amara,
The European merger and acquisition (M&A) climate in 2016 was similar in value and volume to 2014, a good year, but not as frothy as 2015, according to the CMS European M&A Study 2017 from law firm CMS.
The study, which analyses more than 3,200 of the firm’s non-listed European public and private company deals, shows Q4 was the best quarter for 2016, with inbound deals into Europe exceeding the previous year by 36 per cent in value terms.
Asian investors remained highly interested in European targets. Overall in 2016, Europe saw more deals than any other region including
Inbound merger and acquisition (M&A) investment into UK computer software companies has increased by 70 per cent over a two-year period, according to a report launched by Livingstone, an international mid-market M&A and debt advisory firm.
The report, The Acquirers – A Global Review, includes analysis of data from deals conducted between 2014 and 2016, across the UK, US, Europe, and Asia. The data comprises inbound deals and cross-sector investment across the business services, industrial, media and technology, consumer and pharmaceutical industries.
The findings show that inbound UK acquisitions of companies operating within the software market increased by 70
Private equity firm Warburg Pincus is to acquire a 35 per cent shareholding in Avaloq group, a fintech company specialising in banking solutions, from existing shareholders.
The transaction values Avaloq in excess of CHF1 billion. Detailed financial terms have not been disclosed.
Under the agreement, Warburg Pincus will partner with Swiss-based Avaloq to accelerate the company’s long-term growth and value creation strategy. Avaloq serves banks and wealth managers worldwide, having largely completed a transformation from a pure software company to an integrated service provider. The transaction allows the firm to rebalance its shareholding structure and bring in an experienced
Elvie, the female-led British company dedicated to developing smarter technology for women’s health and lifestyle, has raised GBP5 million in a series A funding round led by Octopus Ventures with participation from female focused VC AllBright.
Previous investors include Google Maps founder Lars Rasmussen, iCAP founder Michael Spencer, Nicole Junkermann, founder of NJF Capital, and Lulu founder Alexandra Chong.
Elvie will use the funds to roll out into 25 additional countries across America, Europe and Asia-Pacific, as well as launch a second device, all before the end of 2017.
Elvie's first product, which went to market in October
HIG Bayside Capital, a special situations affiliate of private equity firm HIG Capital (HIG), has sold its portfolio company Ready Pac Foods to Bonduelle SA.
Based in Irwindale, California, Ready Pac is the market leader in the rapidly growing single-serve salad market through its Bistro Bowl line of products, as well as a supplier of other vegetable, fruit and snack products.
The company services its national network of blue-chip retail and foodservice customers through its four production facilities in the US.
Bayside recapitalised the company in 2007, and over the last decade has supported the company’s investments in
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
