Managers
IK Investment Partners is changing its name to IK Partners (IK) and has launched a new website.
The Firm has chosen to reinvigorate its brand and visual identity to ensure it is forward-looking and reflective of its journey to date. In line with an aesthetic change to the look and feel of the brand, IK has also developed a new website, with the strapline “People-First Private Equity”. Launching today, the website becomes www.ikpartners.com.
Announcing the change, Christopher Masek, Chief Executive Officer, says: “The entire private equity industry has evolved considerably over the last three decades and so has IK.
HIG Growth Partners (HIG), the growth capital investment affiliate of HIG Capital, has completed a strategic investment in GLD, a digitally native jewellery, accessories, and apparel ecommerce brand in the large, high-growth streetwear/urban category.
Based in Miami, FL, GLD provides high-quality, aspirational product at an accessible price point – including a full suite of both classic as well as on-trend jewellery and accessories. GLD’s focus on community, authenticity, and inclusivity has fostered a highly engaged, diverse, and loyal customer base, with which the Company connects through a multi-faceted, digital-first marketing model.
CEO Mark Seremet says: “We are very excited to
Healthcare technology company Stellar Health (Stellar) has raised over USD60 million in a Series B funding round led by General Atlantic, with participation from Point72 Ventures and Primary Venture Partners, who led Stellar’s Series A financing in 2020.
New investors also include Mike Pykosz and Geoff Price, two of the co-founders of Oak Street Health, a leading network of value-based primary care centres for adults on Medicare. With the additional capital and resources provided by this new round of funding, the Company plans to focus on growing and investing in its team, as well as advancing product development, engineering, and
Conexiom, a SaaS provider of sales order and invoice automation solutions, has secured a USD130 million growth investment from Warburg Pincus.
Warburg Pincus is joining existing investors Luminate Capital, who retains a majority stake, and ICONIQ Growth.
Conexiom’s platform delivers touchless AP and Sales Order processing capabilities to manufacturers and distributors and is the only vendor that automates these key processes with 100 per cent data accuracy. Annually, more than USD15 trillion dollars of order to cash and procure to pay transactions are manually processed in North America and Europe. Conexiom eliminates expensive and error-prone manual processing, enabling customers to
BrightPay, a provider of payroll and HR software solutions, and Relate Software (Relate), a specialist in post-accounting, practice management and bookkeeping software, have agreed to join forces to create a software company serving payroll and accounting bureaus and SMEs across the Republic of Ireland and the United Kingdom.
Paul Byrne, co-founder and CEO of BrightPay, and Ray Rogers, co-founder and CEO of Relate, will remain as significant investors in the combined business and will become co-CEOs. Ross Webster and Richie McMahon, also co-founders of BrightPay and Relate respectively, will also remain as investors and will continue to focus on developing
Rolls-Royce is to sell 100 per cent of ITP Aero to Bain Capital Private Equity, a consortium of investors, for approximately EUR1.7 billion. The consortium includes interests to be held by Spanish co-investors SAPA and JB Capital.
The proposed sale is a key element of Rolls-Royce’s disposal programme, announced on 27 August 2020, to raise proceeds of at least GBP2.0 billion, and is consistent with the company’s strategy of reducing capital intensity while maintaining a key long-term strategic supply relationship. Rolls-Royce will receive total cash proceeds (excluding any cash retained by Rolls-Royce) of approximately EUR1.7 billion, which will be used
Atlantic Street Capital (ASC) has invested in Prestige Medical Imaging (PMI), the largest independent radiology service and solutions provider in the Eastern United States.
Founded in 2003 and headquartered in Newburgh, NY, Prestige Medical Imaging is a medical imaging solutions company providing equipment service, maintenance, and support to hospitals, physician practices, ASCs, and sports teams across the United States. Key products represent a broad suite of medical imaging equipment including X-ray machines, mammography systems, CT scanners, ultrasound machines, MRI systems, and surgical C-arm systems. Customer practice specialties include orthopaedics, radiology, pulmonology, veterinary, urology, podiatry, urgent care centres, and professional sports
Alvarez & Marsal Capital Partners (A&M Capital), a middle-market private equity investment fund that is part of the A&M Capital platform, together with A&M Capital Opportunities Fund, an affiliated fund, has acquired Worldwise, Inc, a provider of pet supplies and pet essentials.
Worldwise offers retailers a complete, branded one-stop-shop solution that serves the bulk of their pet supply merchandising needs. Through its growing roster of brands – which include SmartyKat, TrustyPup, Petlinks, goDog, SHERPA, Guaranteed On-Board, PoochPlanet, and Pawscout – the company provides high-quality, thoughtful, fun and eco-sustainable products that address both the joys and challenges of pet parenthood across
High-net-worth investors across Europe, Asia, and South America have placed faith in private markets specialists over the last 18 months, as illiquid investment opportunities were seen as a safer bet during the uncertainty of Covid-19.
MDOTM, a European specialist in AI-driven investment strategies, has completed a EUR6.2m Series B fundraising. The funds will accelerate MDOTM’s international expansion, double the size of its teams in London and Milan, and see the company open a new office in the US.
The new funds have been raised from institutional investors, private individuals and leading finance professionals, including Federico Ghizzoni, Chairman of Rothschild Italy and former CEO of UniCredit; Lorenzo Pagani, Managing Director at PIMCO; and Alberto Zaffignani, Managing Director and Head of Global Markets Italy at Natixis. Zaffignani also joins MDOTM as a non-executive board member.
MDOTM was
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm