Managers
Funds managed by Blackstone Tactical Opportunities have acquired Diamonds Direct, an independent jewellery company.
Headquartered in Charlotte, NC, Diamonds Direct has a ong and well-established history in diamond sales and manufacturing. In the last seven years, the company has grown from one location in Charlotte to a multi-channel retailer with seven locations across the United States complimented by an online ecommerce storefront. Diamonds Direct’s retail locations are located in Charlotte, Raleigh, NC, Birmingham, AL, Richmond, VA, Austin, TX, with new locations opening in Oklahoma City, OK, and Charleston, SC, in early December.
“This is a very exciting day for Diamonds
Audax Group has partnered with existing management to acquire Justrite Manufacturing Company, a manufacturer of industrial safety products for regulated and critical safety environments. Terms of the transaction have not been disclosed.
Justrite, headquartered in Des Plaines, Illinois, is a leading, globally recognised industrial safety platform providing unparalleled technical expertise, unmatched service, and differentiated products. The Company offers one of the broadest suites of safety products for regulated and critical safety environments, including safety cabinets, safety cans, environmental and spill containment offerings, and outdoor safety storage buildings and lockers. Justrite’s products help ensure customers’ compliance with regulatory standards, including the
UK-based Sensible Lender Limited has raised GBP7 million in a first round of venture capital investments led by Venture Capital Partners to accelerate growth of its global peer-to-peer lending platform.
The remainder of the GBP17.8 million commitment is to be provided in three separate tranches over a six-month period.
Launched in 2012, Sensible Lender has more than 600 investors and over 140 borrowers from the United Kingdom with more than GBP32 million of bridging loans written with an average loan advance of GBP217,000 at an average LTV (Loan-To-Value) of 68.7 per cent. The company has already closed on GBP16.4
Sportlobster, a sports app that brings fans together, has secured GBP2 million in venture capital funding from UAE-based investment company, Daman Investments.
“Sportlobster is in strong growth mode at the moment and this is certainly a reflection of our investment into – and focus on – the product, particularly this year. Our latest funding allows us to further accelerate our competitive lead in a number of ways,” says the company’s CEO and co-founder, Andy Meikle. “Daman sees Sportlobster as an innovative concept and the product is unmatched. This raise and Daman’s continued support will allow us to execute our global
Aurelius Group has acquired Colt Managed Cloud (CMC), the managed cloud business of Colt Group SA (Colt), which will now be integrated with another Aurelius portfolio company ICT services provider Getronics Group.
In addition a long-term strategic business partnership has been agreed between Getronics and Colt which will allow Getronics to provide managed cloud services to Colt’s customer base and utilise Colt's network, voice and data centre capabilities.
France, Belgium, Germany, Spain, Italy, the Netherlands, Switzerland, Romania and India) and employs a skilled workforce across operations, transition and engagement, pre-sales, service management and support functions. CMC retains a strong
Ultroid Technologies has retained Armor Capital Management to provide M&A advisory services on all aspects of acquisitions, sales/divestitures, private equity transactions and finance raising, as Ultroid looks to expand its operations in the US and global markets.
The company’s flagship product is the Ultroid Hemorrhoid Management System, a non-invasive, low cost treatment Hemorrhoidal Disease (HD). Physicians perform the painless, 15 minute procedures in their office, without anesthesia, and experience exceptional patient outcomes.
Inflexion Private Equity is to carve out GfK’s animal and crop health business, a provider of agricultural data and market information, from the Frankfurt-listed global market research organisation.
GfK’s animal and crop health business delivers innovative, data driven market information to the agriculture and animal health markets, providing detailed insights into their customers’ key growth requirements. The business, led by its Global Director Stephen Hearn, has grown rapidly since inception and delivered sales of USD40 million in 2014. Employing around 220 people in 18 countries, GfK’s animal and crop health business serves a wide range of long standing, blue chip,
Fossil Group is to acquire Misfit, a specialist in wearable technology and connected devices. The acquisition will enable Fossil Group to expand its addressable market, offering consumers both traditional timepieces and fashionable connected accessories.
Misfit brings to Fossil Group a scalable cloud and app platform, a world-class software and hardware engineering team, a native wearable technology brand and a pipeline of innovative products.
"We have a significant opportunity to add technology and connectivity across our platform of watches and accessories," says Kosta Kartsotis, chief executive officer of Fossil Group. "With the acquisition of Misfit, Fossil Group will be uniquely
White Star Capital, a transatlantic Venture Capital fund with offices in London, New York and Montreal, has closed its first institutional fund with USD70 million in Limited Partner commitments.
White Star Capital will deploy between USD500,000 and USD5 million in initial investments into companies in North America and Western Europe.
This first institutional fund is primarily backed by sovereign and institutional funds supported by entrepreneurs and family offices from over 18 markets.
White Star was co-founded by Eric Martineau-Fortin, an experienced technology M&A banker, and Christian Hernandez Gallardo, a former Facebook executive. Jean-François Marcoux, the co-founder of gaming
NexusCrowd has launched a new real estate redevelopment project on its online investment platform, after partnering with Downing Street Realty Partners, a Toronto-based real estate investment manager and merchant bank.
Downing Street is the lead investor for the CAD12 million project, which includes three industrial properties in the Greater Toronto Area (GTA).
The partnership will allow NexusCrowd to post exclusive investment opportunities that Downing Street is leading onto the NexusCrowd platform. NexusCrowd is the first investment platform in Canada to provide accredited investors with exclusive access to co-invest alongside institutional investors in deals that have reached at least 50
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12 November, 2026 – 8:00 am
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