Managers
DIF Capital Partners (DIF) through its DIF Infrastructure VI fund, is to acquire Bernhard, a privately-owned Energy-as-a-Service (EaaS) solutions company in the United States, from an affiliate of Bernhard Capital Partners.
Bernhard has provided solutions to its customers’ energy and infrastructure needs for more than 100 years and shifted its focus in 2014 to becoming a leading Energy-as-a-Service provider. As part of this business model, Bernhard enters into long-term turnkey EaaS concession contracts to upgrade, retrofit and service large existing building energy facilities in order to achieve substantial energy savings. Clients are currently predominantly higher education and healthcare institutions. To
London-based conversational media platform Octaive has raised GBP500k in an angel investment round. Backed by high profile industry leaders, the funding round is the first external investment by the two year old creative technology startup, which has seen revenues more than double in the past year.
Octaive’s ‘conversational media’ technology generates ‘active attention’ through conversations between consumers and brands within standard display and video inventory. This means users are highly engaged in two-way conversations without having to click through to the brand’s site, whilst providing agencies and brands with vital consumer data and insights.
The privacy-first solution has been in
Riata Capital Group (RCG) (Riata), a Dallas-based private equity investment firm, has closed a GP-led secondary transaction (the Transaction) for its portfolio company AEG Vision (AEG), an owner and operator of over 235 eyecare practices throughout North America.
The Transaction allows RCG to return capital to certain existing investors while providing AEG with substantial growth capital to execute its long-term strategy. Investment funds, managed by Morgan Stanley’s secondaries group, led the Transaction.
Since RCG formed AEG in 2017 through the simultaneous acquisition of three regional eyecare groups, AEG has scaled to become one of the largest buy-and-build optometry platforms
Vista Credit Partners (VCP), a strategic credit investor and financing partner focused on the enterprise software, data and technology markets within Vista Equity Partners (Vista), has completed the final close of Vista Credit Partners Fund III (VCPF III), the latest iteration of its Flagship Credit Fund family.
VCPF III closed at USD2.3 billion, USD800 million in excess of its original USD1.5 billion target, with capital commitments from a diverse group of limited partners including US public pension funds, sovereign wealth funds, multinational corporations, insurance companies, funds of funds, endowments, foundations, family offices and other investors.
VCP seeks to capitalise
Construction Partners, a vertically integrated civil infrastructure company specialising in the construction and maintenance of roadways across five southeastern states, has acquired King Asphalt (King), a full-service hot-mix asphalt and paving company headquartered in Liberty, South Carolina.
With three hot-mix asphalt plants in the Greenville, South Carolina metro area, King provides asphalt contracting services for a variety of public, commercial and residential projects.
Fred J (Jule) Smith, III, the Company’s President and Chief Executive Officer, says: “We are pleased to welcome King Asphalt to the Construction Partners family of companies. Under the continuing leadership of Mike Crenshaw and his talented
BGF has successfully exited Yorkshire-headquartered bakery business, Cooplands.
BGF backed the 135-year-old family business with a GBP8.5 million investment in December 2017, supplemented with GBP7.7 million follow-on funding in November 2020. Working with Paul Coopland, BGF has supported the business’ succession planning, helping to identify and recruit Belinda Youngs as CEO.
Youngs joined in 2019 with more than two decades’ experience in the grocery retail sector in the UK and Canada, including senior roles at Sobeys, Morrisons and Sainsbury’s. Belinda has been supported by David Salkeld who was introduced by BGF’s Talent Network as non-executive chair in 2018. Ciara
ARM-Harith Infrastructure Investments Limited, a Mauritius-regulated infrastructure fund manager and parent company of ARM-Harith Infrastructure Investment Limited Nigeria, has launched the ARM-Harith Cities and Climate Transition Fund (The ACT Fund), endorsed by the Global Innovation Lab for Climate Finance (the Lab).
The USD250 million-target fund has been designed in collaboration with the Lab, a public-private partnership initiative funded by the Dutch, German, Swedish and UK governments, as well as the Rockefeller Foundation.
The ACT Fund represents a pillar of ARM-Harith’s sustainable infrastructure investment platform and will invest in urban climate infrastructure solutions with an initial focus on renewable energy, urban
Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, has completed its acquisition of L3Harris Technologies’ (NYSE:LHX) Electron Devices and Narda Microwave-West divisions.
The Company will now operate independently as Stellant Systems (Stellant), a standalone platform for Arlington in the mission-critical defence electronics market. The transaction is occurring in partnership with current business unit leadership.
The Company is a market-leading provider of RF amplification products for the space, electronic warfare, radar, medical, scientific and industrial end markets. With a multi-generational legacy supporting the most important military and intelligence programs, as well as addressing some of the most complicated technical
Summit Partners, a global alternative investment firm, has held the first and final closing of its latest flagship US growth equity fund.
Launched in June 2021, Summit Partners Growth Equity Fund XI was significantly oversubscribed and closed at its hard cap with total commitments of USD8.35 billion.
“With the closing of our latest fund, we will continue to pursue our growth equity strategy, serving as the partner of choice for category-leading growth companies and exceptional entrepreneurs within our sectors of focus. We are deeply grateful for the longstanding support of our limited partners and for their trust and confidence in
McDermott Will & Emery has provided legal counsel to Lorient Capital, a private investment firm focused exclusively on the healthcare industry, in the formation of Lorient Healthcare Fund II, which closed with aggregate capital commitments of USD225 million.
The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and includes partner Erica Moscarello and associates Louie Gaudio and Matthew Stern. Partners Alex Ruiz and Kevin Hall and associate Emily Mussio advised on tax matters.
The Investment Funds Group at McDermott is a global leader in representing investment fund sponsors and institutional investors and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
