Managers
Opus Bank is to acquire PENSCO Trust Company, (PENSCO) a wholly-owned subsidiary of PENSCO Services.
PENSCO is a custodian of self-directed IRA and alternative investments headquartered in San Francisco, California, and has nearly USD11 billion of custodial assets from over 45,000 clients and investments in over 40,000 unique asset types, comprised of private equity, real estate, notes, cash, and other non-exchange traded assets. Under the terms of the agreement, PENSCO shareholders and members will receive aggregate consideration comprised of 1,698,529 shares of Opus Bank common stock and USD47.25 million in cash, subject to certain adjustments set forth in the definitive
Private equity firm Swander Pace Capital has completed its acquisition of Swanson Health Products (Swanson), an online and catalog marketer of Swanson-branded and third-party healthy living products.
Swanson, based in Fargo, North Dakota, carries over 27,000 health and wellness products sold under its own and third-party brands, including vitamins, minerals, supplements, sports nutrition, natural food, and beauty products. The family-founded business reaches consumers through its significant e-commerce operations as well as its catalog. In addition to its North American base, Swanson services consumers globally through online operations and distributors in 51 countries.
“Swanson has established itself as the leader
MesDocteurs has completed an initial EUR1.2 million funding round with Omnes Capital, Partech Ventures and a business angel from the insurance world.
MesDocteurs is a start-up founded in 2015 by Chloé Ramade, Séverine Grégoire and Nicolas Orofino, the founders of Monshowroom, which was supported from its beginnings by Omnes Capital and sold in 2014 to Groupe Casino.
MesDocteurs is a paying service that provides accurate and specific health advice and information. If necessary, it refers the user to a healthcare professional or, in the case of obvious emergency, to a "Centre 15" emergency call centre or the nearest hospital.
Law firm White & Case has advised Mid Europa Partners (MEP) on reaching an agreement with CEE Equity Partners resulting in an investment by the China CEE Investment Co-operation Fund in Energy 21.
MEP is a leading private equity investor focused on the growth markets of Central and Eastern Europe and Turkey, with approximately EUR4.3 billion of funds raised and managed since inception. Energy 21 is the largest Czech-based independent operator of photovoltaic power plants in Central and Eastern Europe, with an installed generation capacity of 61 megawatts peak.
“This is the latest in a sequence of transactions on
2015 was a busy year for both the Silverfleet team and its portfolio companies. The firm successfully raised its second independent fund, closing at its hard cap of EUR870 million.
Shortly thereafter the fund made its first investment in The Masai Clothing Company. Silverfleet was also delighted with the successful exit of OFFICE, its UK headquartered shoe retailer, and the add-on acquisition made by Phase One, itsDanish headquartered digital camera technology manufacturer, with the purchase of the assets of Mamiya Digital Imaging in Japan.
Silverfleet’s other portfolio companies were also very active: Kalle continued its product innovation and successfully
Business communications provider, Olive Communications (Olive), has secured a GBP15.25 million funding package to further scale up its operations.
BGF (Business Growth Fund) has invested GBP10m growth capital while Barclays has provided GBP5.25m in new debt facilities.
Headquartered in High Wycombe, Olive provides unified communications solutions which help corporate and small and mid-sized organisations in Britain to improve the way they run their IT infrastructure across voice, data, applications and mobile devices.
As a result of significant growth – which has seen revenues climb from GBP11m in 2012 to close to GBP30m at the end of this financial
mPrest, a provider of monitoring and control software for the Internet of Things (IoT), has raised a USD20 million Series A round of funding led by GE Ventures, the venture arm of GE, and OurCrowd, one of the world's leading equity crowdfunding platforms.
mPrest will use the investment to expand its international presence in the industrial and commercial markets and rapidly scale to meet the soaring needs of the IoT world.
mPrest delivers leading-edge software for “connecting the dots” across multiple complex systems of any scale, from a single facility to a multinational corporation. mPrest’s groundbreaking, generic software platform
Prevalent, a specialist in vendor risk management and cyber threat intelligence analytics, has raised USD8 million in Series B financing from Fulcrum Equity Partners and Spring Mountain Capital.
The round augments a 2014 Series A round by Fulcrum Equity Partners. The funds will be primarily invested in growing Prevalent's sales and marketing organisation, which is focused on selling its proprietary software products and related services, along with continued software development.
"We're excited and honured to partner with Fulcrum Equity Partners and Spring Mountain Capital to continue our growth strategy," says Jonathan Dambrot, CEO and co-founder of Prevalent. "We're also
Ariadne Capital (Ariadne) has launched the Ecosystem Economics Fund I, a GBP150 million investment fund based out of London.
The fund solely focuses on backing ‘Digital Enablers’ – typically fast-growing, young businesses who bring the ability to exploit Ecosystem Economics to big and established businesses – transforming existing non-technology traditional industries. There already is strong investor interest and a cornerstone investor, targeting a first close in Q1 2016.
The fund offers investors disruptive economics to its Limited Partners in that it is only charging a 1 per cent management fee with 25 per cent carried interest and no fees on
Supply chain solutions proviser DSV has completed its acquisition of UTi Worldwide Inc.
Jens Bjørn Andersen, CEO of DSV, says: “We are proud to welcome customers and employees of UTi to DSV. I have no doubt that the combination of DSV and UTi is a recipe for success; and with our united network, we will create exciting opportunities for both customers and employees. We will now start the integration process while taking care to maintain a high service level towards all customers. The commercial activities of DSV and UTi will continue under the DSV brand as we move forward."
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
