Managers
MiddleGround Capital, a Kentucky-based, middle market private equity firm that makes control investments in B2B industrial and specialty distribution companies, has held final closes on its flagship fund MiddleGround Partners II, LP and a specialty vehicle focused on automotive investments, Mobility Opportunity Fund, LP. Both funds were oversubscribed with strong support from Fund I Investors.
MiddleGround Partners II, a continuation of the firm’s core strategy, and its affiliated parallel funds have closed with a total of USD800 million in commitments. MiddleGround has completed 10 transactions in Fund I which closed in August of 2019 with USD459.5 million of commitments. MiddleGround
Harris Williams, a global investment bank specialising in M&A advisory services, has advised ResMan, a portfolio company of Mainsail Partners (Mainsail), on its sale to Inhabit IQ.
ResMan is a leading end-to-end, SaaS-based solutions provider to property management companies across the conventional multi-family, affordable housing and commercial end markets in the US. The transaction was led by the Harris Williams Technology Group.
“ResMan’s fully-integrated property management SaaS and payments platform offers a range of solutions that help owners, operators and investors optimise operations, deliver a superior tenant experience and grow their business,” says Brian Titterington, a director at Harris Williams.
Generational Capital Markets, a mergers and acquisitions advisor for privately held businesses, has advised Allied Underground on its sale to Altos Partners, LLC. The acquisition closed 28 July, 2021.
Allied Underground (Allied), located in Bertram, Texas, tackles complex infrastructure projects for clients across Central Texas. Its team of managers, superintendents, and skilled laboUrers focus on underground water, wastewater, and storm sewer construction. Customers are balanced across commercial, educational, and multi-family contractors with greenfield, addition, and rehab projects. Allied is well known for its expertise on meeting the needs of complex, fast track projects, with long-term repeat and referral-based customers.
Leonard
FV Bank, a dual licensed challenger bank and digital asset custodian, has announced the successful closing of its Series A funding round worth USD8 million.
EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Zemax (the Company) to Ansys.
Founded in 1990, Zemax helps the world’s leading brands and institutions design optical systems for a broad range of applications by streamlining the workflow and communication among optical, mechanical and manufacturing engineers. Zemax virtual prototyping tools include OpticStudio®, the industry-leading optical design software suite that enables customers to improve optical performance, get to market faster and reduce both production and development costs. Zemax’s software is used to develop a range of products including space telescopes, augmented reality glasses, LIDAR in autonomous
Cowgills business finance team has brokered a GBP5 million funding deal with Investec Capital Solutions for Wirral-based specialist technical recruitment company Russell Taylor Group.
Founded in 2005, the Group owns four businesses: Russell Taylor Group, Recruit Right, NMS Recruit and Perpetual Engineering Partnerships, providing technical temporary and permanent recruitment solutions for industries, including construction, engineering, manufacturing, oil, gas and energy sectors. Today, the business employs around 120 staff operating out of seven strategically located offices across the UK and has a combined turnover of cGBP35 million.
Having sold two further businesses in 2020, the Group’s working capital requirement was
Alpaca, a commission-free stock brokerage platform that offers APIs for fintech apps to connect and trade in US stocks, has closed a USD50 million Series B on the heels of driving 1500 per vcent year to date growth in brokerage accounts and expanding partnerships across Europe, Southeast Asia, Africa, North and Latin Americas.
KKR and Salesforce Ventures have invested USD62 million in a Series B round for Copenhagen-based, no-code software test automation platform Leapwork, to accelerate its global expansion.
KKR is to acquire Ritchies Transport (Ritchies), a transportation operator in New Zealand with an 86-year heritage.
The investment – which marks KKR’s first infrastructure investment in New Zealand – will be used to advance the Company’s mission to better connect local communities, support the country’s expanding public transport network and promote greener transportation solutions.
Founded in Temuka in 1935, Ritchies is one of the largest transport providers in New Zealand, with a fleet of more than 1,600 vehicles and a network of 42 strategically located depots across the country. The Company provides the government, local councils, and private customers
Picsart has raised USD130 million in a Series C funding round led by SoftBank Vision Fund 2 with participation from new investors G Squared and Tribe Capital, as well as existing investors Sequoia, DCM, Graph Ventures, and Siguler Guf & Company.
With over USD100 million in annual revenue run rate, Picsart is now valued at over USD1 billion. The company has raised a total of USD195 million in capital since its founding.
“Picsart is powering visual culture and breaking barriers between inspiration and creativity,” says Hovhannes Avoyan, Picsart’s founder and CEO. “We want to make the world more creative and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
