Managers
The Carlyle Group and Old Mutual Private Equity are to acquire 100% of South African tyre retailer and wholesaler Tiger Automotive (TiAuto) from Ethos Private Equity and the founders.
Funding for this investment will come from the Carlyle Sub-Saharan Africa Fund and Old Mutual Private Equity Fund IV, and TiAuto founders will also re-invest equity in the company. The transaction is expected to close in early 2015, subject to regulatory approvals.
TiAuto, which operates the iconic “Tiger Wheel & Tyre” brand as well as the new “Tyres & More” retail store format, is a retail and wholesale distributor of
Appear Here, the UK’s largest online marketplace for retail space, has raised USD7.5 million of new funding, in a round led by venture capital firm Balderton Capital.
This significant new investment follows 18 months of dynamic growth from Appear Here, which has facilitated over 500 short-terms lets in the last 12 months and now has over 600 properties available to hire at prime locations across the United Kingdom.
Appear Here was founded in 2012 by Ross Bailey, a 22-year-old entrepreneur who started out with his own pop-up shop on Carnaby Street, selling limited edition T-shirts to celebrate the Queen’s Jubilee.
Creo Medical has closed a GBP3.5m funding round, led by Finance Wales, angel investors and the Angel CoFund.
The Government-backed Angel CoFund joins existing investors Finance Wales, the Arete Angel syndicate and individual business angels, including lead angel Mark Farmer, bringing the total Creo investment received to date to GBP7.9m. This is the second co-investment deal between the Angel CoFund and Finance Wales this year.
Since 2009, Creo Medical has developed innovative medical devices. This funding will be used towards the continuing development of the CROMA platform – the first new electrosurgical system in a generation – specifically with
The introduction of the AIFMD has fuelled strong growth in European fund domiciles, with the number of alternative investment funds increasing by 10% since 2010, and assets under management increasing by 13%.
That’s according to a report published by the Association of the Luxembourg Fund Industry, carried out by Oliver Wyman.
“The introduction of the AIFMD increased the attractiveness of European onshore domiciles,” comments Marc Saluzzi, Chairman of ALFI. “Whilst many were against it when it was first introduced because of the fear of high compliance costs and additional complexity, this piece of regulation has brought significant benefits, allowing
London-listed private equity fund JZ Capital Partners Limited has expanded its US vertical portfolio by making two acquisitions alongside Edgewater Funds LP (Edgewater).
JZCP and Edgewater invested USD1.6 million each to acquire Action Products Marketing Corporation and ConShield Technologies Incorporated ("APMCS"), an infrastructure rehabilitation company headquartered in Johnston, Iowa. The company specialises in formulating and selling cementitious manhole and pipe rehabilitation products and provides the associated equipment used for application itself. The acquisition of APMCS is the third for the water infrastructure sub-vertical and the sixth for the water business overall.
JZCP and Edgewater also invested USD1.31 million each to
ATADATA Solutions has reached an agreement has been made with its capital stakeholders to recapitalise the Company.
The Company will rebrand itself as ATADATA, which represents “Any to Any” for Enterprise-class application migration between any Data Centre, or Cloud Platform, for true Workload Portability. Furthermore, additional capital will be invested into the business for sustainable, long-term growth.
"This is an exciting moment for ATADATA," said Charles Wright, founder and CEO of ATADATA. "We are pleased to have reached an agreement with our partners that will provide the Company with the funding to aid in the execution of our business strategy.
Large banks continue to eschew lower middle-market loans because of heightened regulatory scrutiny and unattractive risk-adjusted spreads as they concentrate on larger, more fertile customers, says Old Hill Partners.
The result is large banks and large companies have benefitted most from the post-crisis recovery, while small banks and small companies have not.
This trend is borne out by hard data, the commentary notes. According to the Federal Deposit Insurance Corporation, 42% of all active loans held by US banks originated from the five largest banks. Moreover, these loans are heavily concentrated: the six largest banks held 67% of loan
HIG Capital’s portfolio company Comverge is to merge with Constellation to form a new combined business, CPower, which will be headquartered in Baltimore, Md.
Power will operate as a new, standalone company independent from Comverge and Constellation, and deliver a full spectrum of demand response offerings to C&I customers across the United States. The combination creates one of the largest demand response companies in North America.
HIG holds a majority ownership interest in CPower, and Constellation holds a minority ownership interest and will remain an important business partner to CPower. Former Comverge Chief Financial Officer John Horton will serve as
Mercer, subject to regulatory approvals, has entered into a definitive agreement to acquire SCM Strategic Capital Management AG, a Swiss-based specialist private markets advisor and delegated solutions provider.
The acquisition will further strengthen Mercer’s capabilities in alternative investments, an area of growing importance in the global institutional marketplace.
“Mercer’s Investment business has achieved excellent revenue growth and SCM gives us an opportunity to build upon our outstanding global reputation,” says Julio A Portalatin, President and Chief Executive Officer of Mercer. “We are prepared to invest in areas where we see an opportunity to anticipate client needs and to strengthen our
In an extract from the recent Preqin Special Report: Renewable Energy Infrastructure, Preqin provides an overview of the renewable energy industry.
The global transition from reliance on traditional to alternative energy sources is an important political and economic issue, and one that has a significant impact on the infrastructure asset class. In order to stem the effects of climate change, governments around the world have initiated plans to increase green energy investment. However, with public funding often struggling to cope with the high levels of capital needed, a growing number of private renewable energy-focused infrastructure funds have been launched in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
