Managers
Madison Reed has raised USD12m in a Series B round of funding led by Norwest Venture Partners (NVP).
Previous investors, True Ventures and Maveron, also participated in this round.
The company, which launched today, leverages e-commerce technology to deliver salon-quality hair colouring formulas, immediate, personalised hair assessment, and at-home delivery to consumers.
"We found a way for women to have it all—the premier salon experience they deserve with the at-home convenience they need," says Amy Errett, Madison Reed CEO and co-founder. "This investment enables us to make quality and ease in hair colouring a reality for any woman.
HIG WhiteHorse has arranged and provided a GBP29m unitranche debt financing for Steelite International, a provider of tableware for the international hospitality industry.
HIG WhiteHorse has implemented a flexible debt financing to allow Steelite to build on its current market position and support management in taking full ownership of the company.
Kevin Oakes, chief executive at Steelite, says: “HIG WhiteHorse has demonstrated a good understanding of our business during this process. We are looking forward to continuing this partnership as we take our next strategic steps.”
Haseeb Aziz, managing director at HIG WhiteHorse, says: “Steelite is a successful
Nearly three-quarters (71 per cent) of advisers are backing renewable energy investment given the inflation protection it provides, according to a study by Albion Community Power (ACP).
ACP is a power generation company launched by UK venture capital specialist Albion Ventures.
Despite receiving support from advisers as an attractive investment opportunity, the majority (58 per cent) of IFAs rated their knowledge of the range of renewable energy investment schemes currently available as ‘below average’ or ‘weak’.
While the majority of advisers are familiar with solar and wind energy, the research showed that three quarters (75 per cent) were
IP Group has extended its commercialisation agreement with The University of Manchester through its technology transfer company, UMI3 Ltd, to include Proof-of-Principle (PoP) funding for graphene projects.
Subject to completion of its capital raising announced on 23 January 2014, it intends to commit a further GBP2.5m of funding, bringing the total to GBP7.5m, under the revised terms of the agreement which has also been extended to 2019.
The capital raising is due to complete on 14 February 2014.
Sir Kostya Novoselov and Sir Andre Geim first isolated graphene at The University of Manchester in 2004 and their ground-breaking experiments
Accountant and business adviser firm James Cowper has advised City & County Healthcare Group on a secondary management buy-out from Sovereign Capital Partners with backing from Graphite Capital.
City & County provides home care assistance, primarily for the elderly. It also provides specialist care services for young people and adults with more complex or long term conditions such as learning disabilities, mental health needs and brain injuries.
Operating from 64 branches across England, Wales and Northern Ireland, City & County’ carers provide care to over 15,000 individuals a year, primarily on behalf of local authorities and the NHS, as
HIG Growth Partners has partnered with CDI Computer Dealers’ owners and management team to make an investment in the company.
Founded in 1981, CDI is a provider of refurbished technology to the North American education market.
The financial terms of the investment were not disclosed.
“HIG’s investment in CDI provides additional resources, capital and strategic guidance that will enable us to expand our product and service offering to even better serve our core education customer base,” says Saar Pikar, CEO of CDI.
Steve Loose, a managing director of HIG, says: “Through a combination of both organic growth
KKR has partnered with the existing management team of Sedgwick Claims Management Services to acquire majority ownership of the claims and productivity management solutions provider for approximately USD2.4bn.
The business is being acquired from its current group of investors, which includes Hellman & Friedman and Stone Point Capital.
"We couldn't ask for a better partner in the next stage of Sedgwick's evolution," says David A North, president and CEO of Sedgwick. "KKR has an exceptional record of investing in financial services companies and will be a valuable strategic resource for our organisation. We share a commitment to continued innovation
Private equity firm Spire Capital has partnered with Grant Evans and the founders of Telekenex, a provider of hosted communications, security solutions and managed network/IT solutions to small and medium-sized business (SMB) and enterprise customers.
The company's offerings include hosted Voice-over Internet Protocol (VoIP), managed access/MPLS services, security solutions and value-added managed services.
This marks Spire's second investment in Spire's third fund.
Founded in San Francisco, California in 1994, Telekenex serves over 800 customers in the US, which range from SMB customers to larger, multi-location enterprises and offer bundled, hosted managed IT solutions to a variety of sectors
Olympus Partners has teamed up with Goldman Sachs to acquire PSAV, an event technology and audiovisual company.
PSAV provides event technology services within the hotel, resort and conference centre industry.
Terms of the transaction were not disclosed.
“We are thrilled to complete our acquisition by Olympus Partners and Goldman Sachs,” says Mike McIlwain, president and CEO of PSAV. “We are eager to work with them to continue providing exceptional service and value to more customers in more geographies.”
“We are excited to partner with Goldman Sachs to invest in PSAV, a market leader with an unmatched range
Private equity firm Cyprium Partners has exited from its investment in Alpha Sintered Metals (ASM), through a sale of the company to management and O2 Investment Partners.
Headquartered in Ridgway, Pennsylvania, ASM is a manufacturer of high-precision powder metal components for the automotive, small engine, recreational vehicle, lawn and garden, commercial vehicle and agricultural equipment industries.
In addition to its original subordinated debt and equity position, Cyprium invested additional capital in ASM to allow the company to establish off-shore manufacturing operations as well as to facilitate the acquisition of a competitor in the stainless steel exhaust and turbocharger components
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
