Managers
Trilantic Capital Partners Europe has entered into an agreement with Fondazione Salvatore Maugeri (FSM) to make an initial investment of EUR66 million in the company to finance both organic and inorganic growth projects.
As part of the transaction, FSM, a leading Italian operator of private hospitals, will transfer all its operations to a new company. Trilantic Europe will invest in Maugeri through a EUR66 million capital investment and initially will own c. 34% of Maugeri, and FSM will own the remaining circa 66 per cent. Trilantic Europe also has an option to increase its investment to a total of circa
CensorNet has acquired SMS Passcode, a European based multi-factor authentication vendor, and will integrate the unique multi-factor authentication technology into its Unified Security Solution.
The funding for the acquisition was led by Talis Capital alongside existing investors. Hill Dickinson LLP advised investors on the transaction.
This acquisition follows the Series A round completed in September 2015, also led by Talis Capital, and is an important transition for the company. This allows CensorNet to claim a truly global footprint, protecting over one million users across 4,000 customers in 40 countries throughout EMEA and the US.
CensorNet’s management team is
Venture capital investor Octopus Ventures has exited its investment in Vision Direct, the online contact lens retailer. Vision Direct has been acquired by Essilor.
Octopus Ventures invested in Vision Direct in 2009 when the company employed 33 people and has remained the largest shareholder throughout this time, seeing Vision Direct grow to 80 employees with a turnover of GBP33 million. This exit represents the second significant exit for Octopus Ventures in 2016, coming after the recent exit from SwiftKey following its acquisition by Microsoft.
Alex Macpherson, head of Octopus Ventures, says: “Today is a huge day for Vision Direct
Paul Hastings has advised Investindustrial on the launch of Investindustrial Fund VI (Fund VI), the largest ever fund focused primarily on Southern Europe.
The fund will pursue majority investments in quality European mid-market companies typically headquartered in Italy, Spain, Portugal or Switzerland with a strong internationalisation potential.
Fund VI is the first fund of EUR2 billion or more raised for the region and Investindustrial’s funds comprise three of the four funds ever raised in the region of EUR1 billion-plus size.
Funds partner Duncan Woollard led the Paul Hastings team, assisted by funds associate Adam Knight, with associate Nikki Johnstone assisting on the regulatory
The Hilb Group (THG) has acquired Ocean Township, NJ-based PriMed Consulting. The transaction became effective 1 February, 2016.
PriMed Consulting has been providing physicians in New York and New Jersey with medical malpractice insurance for more than 18 years. As the second transaction in 2016 and ninth in the past 12 months, this acquisition will expand THG’s medical malpractice expertise and establish its first location in New Jersey.
"PriMed is a leader in medical malpractice services in New York and New Jersey,” says Bob Hilb, CEO of The Hilb Group. “Their specialty focus goes a long way toward strengthening
CVC Capital Partners (CVC) has held the the final closing of CVC Growth Partners, a new fund dedicated to investing in high-growth, middle-market companies in the software and technology-enabled business services sectors.
CVC Growth Partners exceeded its USD750 million fund target and, including a sidecar co-investment vehicle, secured total commitments of USD1 billion.
CVC Growth Partners has already made two investments: Wireless Logic, Europe's leading M2M connectivity and managed services provider that works with over 950 application providers, system integrators and enterprises, in February 2015; and Kount, a Boise, Idaho-based e-commerce and mobile fraud detection service provider used by
Battery Ventures has closed two new funds at their respective target levels: Battery Ventures XI, a USD650 million vehicle, and Battery Ventures XI Side Fund, a USD300 million fund intended to support larger investments.
Battery raised predecessor fund family Battery X and Battery X Side Fund, totalling USD900 million, in February 2013.
As with its predecessor funds, Battery will continue to target investments at stages ranging from seed to private equity, deploying capital in increments of a few hundred thousand dollars up to deals worth USD100 million for large growth and private-equity opportunities. In 2015, Battery opened a new
In response to increased demand for outsourced alternative asset administration, Northern Trust has enhanced its private equity support with the launch of its capital call execution service.
The service allows clients to gain operational efficiencies by outsourcing the processing of capital calls. Capital calls are periodically issued by general partners to their clients and require investors, upon demand, to transfer a previously agreed upon amount to fund strategic investments.
Intended for portfolios with more than 20 private equity investments, clients notify Northern Trust of the initial capital call via the automated Trade Order Entry system. Northern Trust then handles
Law firm Howard Kennedy and its regulated London Stock Exchange sponsor, Howard Kennedy Corporate Services, have advised Hazel Capital on the launch of two VCT funds with an exclusive focus on renewable energy.
The Hazel Renewable Energy VCT 1 and Hazel Renewable Energy VCT 2 prospectuses were launched on 18 February.
Sine 2010, Hazel Renewable Energy VCT funds have invested in large renewable energy projects, including solar and wind, that typically are not reliant on government subsidies. The VCT funds are now looking to invest in companies at the forefront of battery storage technology.
The Howard Kennedy team was led
Electranova Capital US, the energy cleantech venture capital fund, managed by Idinvest Partners and sponsored by EDF, has invested in Off Grid Electric (OGE), a leading solar leasing company in Africa.
The funds will be used to enter new African markets and to continue to scale up OGE’s effort, in partnership with the Tanzanian government, to power 1 million homes by 2017.
In most regions where Off Grid Electric operates, it is not cost-effective for utilities companies to serve customers and many customers who have been disconnected cannot often afford the high fees for reconnection. Off Grid Electric’s systems
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
