Managers
GE Capital’s Telecom, Media and Technology (TMT) financing business announced served as administrative agent on a USD310 million senior secured credit facility to support Vista Equity Partners’ acquisition of compliance and ethics software provider NAVEX Global.
GE Capital Markets served as co-lead arranger and co-bookrunner on the facility.
NAVEX offers policy and case management software, internal reporting solutions, automated third-party risk management, online training and advisory services to help remediate key workplace compliance risks.
“NAVEX is a perfect example of increasing investor interest in business-to-business software and software enabled service providers who offer applications through subscription models,” says
Solar simulation technology specialist Eternal Sun has closed a EUR2 Million (USD2.5 Million) Series A financing from Belgian investment firm Vermec.
The investment will be used to expand international sales and service operations.
Leading research institutions, solar module manufacturers and certification authorities rely on Eternal Sun’s solar simulation systems for testing the quality of solar modules and materials.
Chokri Mousaoui, Founder and CEO of Eternal Sun, says: “In an era of continuous improvement of solar modules, our solar simulation systems are in high demand with customers that aim to accurately test the performance and reliability of their solar
Constellation, a small-cap buyout specialist with a distinctive Buy-&-Build investment strategy focused on services companies in the DACH region, has closed Constellation IV at its hard cap of EUR120 million.
Besides commitments from returning investors which included the entrepreneurs that form part of Constellation’s Industry Partner network, Constellation was pleased to have received commitments from several high quality international investors from France, Germany, Switzerland, the US and Asia. They include fund-of-funds, family offices, universities, foundations, endowments and a state pension fund.
In line with Constellation’s predecessor fund, Constellation IV follows the same investment strategy and is focused exclusively on
Elm Creek Partners has acquired The Care Group of Texas (www.caregrp.com), one of the largest providers of in-home, paediatric respiratory therapy and enteral feeding services and supplies in the Houston, Texas market.
The Care Group is committed to providing outstanding services to all of its customers while simultaneously exploring opportunities for growth through geographic expansion and additional services. Elm Creek has additional committed equity capital to support the company’s future initiatives.
Commensurate with the transaction, Elm Creek retained Roy Spradlin as chief executive officer. Spradlin is the former CEO of Senior PsychCare and US Physical Therapy. He brings over thirty
Private equity firm DPI has acquired a strategic minority stake HomeChoice International (HomeChoice), a leading omni-channel home shopping retailer in southern Africa, from the the company’s majority shareholder.
Founded in 1985, by Rick Garratt, HomeChoice has operations in South Africa and five other countries, Botswana, Lesotho, Namibia, Swaziland and Zambia, with total EBITDA of R450 million as of December 2013 and a customer base of more than one million people. HomeChoice is a home shopping retailer selling homeware merchandise and financial services products to the rapidly expanding urban middle-income mass market in southern Africa.
Since 2009 HomeChoice has grown
Private investment firm Centerbridge Partners, is to acquire IPC Systems from Silver Lake Partners for approximately USD1.2 billion in total deal value.
From its unified communications and software platform to its leading voice and data extranet and award-winning trading positions, IPC offers services and solutions focused on improving the speed, productivity, collaboration, and efficiency of the entire trade lifecycle. The partnership with Centerbridge further enables the Company to deliver these valued services to its customers and to capitalise on its growth opportunities. IPC continues to accelerate its market leading position, fuelled by the increased adoption of its integrated trading communications
Funds affiliated with Apollo Global Management are to acquire Presidio Holdings (Presidio) from affiliates of American Securities. Terms of the transaction have not been disclosed.
Presidio is a premier IT infrastructure solutions provider for approximately 6,000 clients across the United States. Aided by the expertise of its nearly 1,200 engineers, Presidio assists clients in designing, procuring, implementing and managing IT infrastructures that deliver tangible business value. Presidio provides services across six core technology verticals, including networking, data centres, mobility, security, collaboration, and contact centers and supports these solutions with market leading offerings such as Presidio Managed Networks and Presidio Managed
Workers will not only be worse off when their firm is taken over by private equity through an institutional buyout (IBO), but their company’s performance will fall behind its rivals.
New research has discovered that IBOs – defined as a highly leveraged transaction where one or more institutional investors act together to initiate a buyout deal – result in staff losses and a decrease in overall productivity.
Geoffrey Wood, Professor of International Business at Warwick Business School, says: “Our findings suggest IBOs and their impact on managerial practices do not appear to be an effective mechanism for turning round
Arthurian Life Sciences, the fund management company led byProfessor Sir Chris Evans, has formed a partnership with US medtech firm Interrad Medical Inc.
The Minneapolis-based company is the developer and manufacturer of the unique SecurAcath®, the world’s most effective device for securing catheters in hospital patients.
The partnership is the sixth investment of The Wales Life Sciences Investment Fund, managed by Arthurian which was specifically formed to act as General Partner of the fund.
The fund has made a GBP3 million investment in Interrad Medical Inc, acting as cornerstone investor in a financing through which the company will
Confluence, a specialist in investment data management automation, has acquired Belgium-based data solutions provider Orfival.
The acquisition will allow Confluence to leverage Orfival’s product expertise and networks to provide an even more comprehensive Fund Analytics offering to the global asset management industry. Orfival was founded in 1999 and has built up its network amongst European asset managers, insurance companies and pension schemes by offering solutions for portfolio management and analytics, performance measurement and attribution, risk and investment compliance reporting services.
In the U.S., where Confluence is the market leader in mutual fund performance calculation, Confluence clients will now have
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12 November, 2026 – 8:00 am
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