Managers
PNC Riverarch Capital has acquired a controlling interest in North American Breaker Co, a reseller of circuit breakers and related electrical components dedicated to “need-it-now” product solutions for wholesale electrical distributors.
NXT Capital and NABCO management have co-invested alongside PNC Riverarch Capital.
Founded in 1996, NABCO serves more than 3,000 wholesale distributors, enabling them to offer end customers a comprehensive line of circuit breakers and related products. The company carries more than 10,000 distinct product offerings and emphasises difficult-to-source products not regularly stocked by traditional distributors. NABCO is headquartered in Burbank, California, and services customers out of nine inventory-equipped
eFront has launched new services and products for private equity limited partners, enabling them to focus on their most important activity, portfolio analysis, while saving time and effort.
The eFront LP Investor Portal (EIP) will accelerate the flow of quarterly data from general partners through the use of standardised Excel templates via a secure, internet-based portal. And, eFront Investor Services (EIS) collects data directly from GPs on behalf of investors and delivers it to their systems in ready-to-use formats. These new offerings will improve transparency, lower costs and enable faster, better-informed decision-making.
The alternative investment industry continues to cope
977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of private equity fundraising:
Investor appetite for private equity remained strong throughout 2014, with the amount of capital raised by fund managers on a par with the last couple of years. It is likely that the figure will match the amount of capital raised in 2013 (USD531bn), as Preqin expects the 2014 fundraising figure to increase by 10-20% as more information
TA Associates is to acquire a majority interest in Access Technology Group (Access), a leading business management software company.
TA will acquire its stake from Lyceum Capital, a growth investor. Financial terms of the transaction, which is expected to close later this month, were not disclosed.
Access’s software covers finance, HR and payroll, business intelligence, supply chain, CRM and warehousing, and can be deployed in the cloud, in a hosted environment or on-site. The company’s applications help over 6,000 customers – including some of the most innovative and rapidly-growing enterprises in the UK – achieve operational excellence. Colchester-based Access Group
An affiliate of HIG Capital has completed the acquisition of an equity interest in Aviapartner, thereby becoming the majority shareholder alongside the Group's Chairman and management.
Aviapartner is a leading European provider of airport ground handling services with 60 years of experience. Aviapartner provides ground handling services for passengers and aircraft across 27 airports in 5 European countries (France, Germany, Belgium, Italy and the Netherlands). The Group, which generated sales of over EUR350 million in 2014, employs over 6,000 people and serves more than 50 million passengers per year.
With the support of HIG Capital, Aviapartner will accelerate its growth
Weinberg Capital Partners has acquired the French operations of Captiva Capital Management.
The Paris – based Real Estate Asset Management company firm led by Emeric Lacourte manages circa EUR300 m in real estate assets in France.
Serge Weinberg, President of Weinberg Capital Partners, says: “This acquisition is a great opportunity to expand our Real Estate platform to asset management on behalf of institutional clients through dedicated mandates. It fits our strategy to capitalise on our expertise in Private Equity and Real Estate where we have already achieved to raise EUR800m of capital.”
Laurent Halimi, Managing Director, head of Real Estate,
Connection Capital has successfully completed a commitment, on behalf of its clients, to the third fund from 17Capital, a London-based specialist investor of preferred equity in private equity funds.
Due to the high level of demand from its clients, Connection Capital exceeded its original allocation to 17Capital Fund 3.
Connection Capital aggregates capital from its clients into a single, managed syndicate and therefore investors are able to participate in Fund 3 alongside well-known institutional investors at a much lower entry level than their institutional counterparts. All Connection Capital investments are available in multiples of GBP25,000.
The Fund closed in December
Mergers and acquisitions (M&A) and private equity (PE) activity in India in 2014 hit a three year high, according to Grant Thornton UK’s India Watch.
M&A contributing close to USD38 billion from 573 deals, and PE contributing USD12bn from 604 deals, activity up 23% in deal value and 34% in deal volume compared with 2013.
A clear mandate from India's new government provided further momentum which sustained through the year leading to 1,177 deals, the highest ever in a decade, worth over USD50 billion.
Domestic deals largely rode on the consolidation bandwagon with Sun Pharma acquiring Ranbaxy, Kotak
Monroe Capital has increased the credit facility to MSDP Group to support the acquisition of ACCEL Performance Group. MSDP is a portfolio company of Hot Rod Brands, an affiliate of Z Capital Partners.
Based in El Paso, Texas, MSDP operates in the street enthusiast, professional racer and powersports markets, where they maintain industry-leading market share positions across all of their product categories under the MSD, Racepak, Superchips and Edge brands. ACCEL is a prominent performance aftermarket parts manufacturer with brands including ACCEL, Mr Gasket, Mallory Ignition, Lakewood, QuickTime and Hays brands.
The acquisition of ACCEL brings together two industry leaders
Excelsior Capital Partners has assumed a majority ownership interest in Via Seating, a manufacturer of cutting-edge and ergonomically designed office chairs and lounge seating, through a balance sheet restructuring.
The transaction enables Via to continue growing through new and innovative product lines.
Based in Reno, Nevada, Via offers an extensive family of chairs to fit its customers’ unique needs for design, form and function, while maintaining an industry-leading quick-ship program that guarantees a 48-hour turnaround. The company’s products are highly customisable and include executive chairs, task chairs, conference room chairs, stackable chairs, and modular lounge seating that can be configured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
