Managers
Warburg Pincus has made a strategic investment in A-LIGN, a high-growth provider of cybersecurity and compliance solutions and top issuer of SOC 2 reports worldwide, alongside existing investor FTV Capital.
This investment will be used to drive product innovation in the company’s A-SCEND SaaS platform, grow the company’s portfolio of service offerings, expand A-LIGN’s global footprint and execute on an aggressive hiring strategy. As demand for cybersecurity assessments continues to soar, A-LIGN is committed to providing the services and technology needed to meet today’s unique regulatory and cybersecurity requirements. Terms of the transaction were not disclosed.
Headquartered in Tampa, Florida,
SGT Capital has acquires Utimaco, a growing global market specialist in cyber security solutions, co-headquartered in Aachen and Campbell, California, with more than 470 employees and expected three-digit million revenues.
The acquisition is subject to different regulatory approvals. Its closing is expected for Q4 2021. The seller is EQT Private Equity, who will continue to participate in the value performance as a minority owner. The parties have agreed not to disclose the transaction value. Debt will be provided by Bain Capital Credit.
The 100 per cent subsidiary of SGT German Private Equity in Frankfurt (SGF), SGT Capital Pte Ltd (SGTPTE),
Denver-based private equity firm Mountaingate Capital has sold its position in Bounteous in connection with a new investment in the company completed by New Mountain Capital.
The exit of Bounteous represents another successful outcome for Mountaingate’s investors in a digital marketing services platform with highly differentiated capabilities. Mountaingate first partnered with Bounteous’ predecessor entity HS2 Solutions, and its co-founders Keith Schwartz and Phil Hollyer, in 2016. The five-year partnership between Bounteous and Mountaingate resulted in six-fold growth.
Bounteous helps clients solve their most difficult digital challenges by building unique, insights-driven customer experiences that leverage a powerful blend of data analytics,
HIG Growth Partners (HIG) has sold its portfolio company, Telescope Inc, a provider of real-time fan engagement solutions for live events, gamified second screen experiences and interactive livestreams, to Bally’s Corporation.
Telescope’s first-in-class products and services will amplify the Bally’s Interactive, Bally Bet and Bally Sports brands, enabling viewers and players to have an integrated experience that allows them to engage on a multitude of platforms and channels, including online and offline. By delivering customised and interactive content, as well as deeply engaging social experiences, Telescope will connect with Bally’s customers in innovative ways, providing opportunities for Bally’s to attract
Finnfund provides a USD12 million senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries.
With Finnfund’s help as a key project investor, BCS is expanding its operations in East, Central and South Africa. The project increases reliability, accessibility and affordability of the internet when compared to the alternatives.
“Large areas still rely on satellite connections, and in many of these countries, data transfer prices are amongst the highest in the world”, says Yonas Maru, Managing Director of BCS. “By building our own infrastructure, BCS can offer full connectivity throughout the region
Edison Partners is to exit portfolio company Bento for Business, which has been acquired by US Bank (NYSE: USB). Upon closing, the transaction will deliver a strong cash return and 60 per cent IRR.
Chicago-based Bento for Business helps small and mid-sized businesses regain control of monthly expenses and improve cash flow with its card-based digital spend management platform. Since the company’s inception, small businesses have spent close to USD800 million using the Bento for Business platform. Bento has enjoyed consistent, capital-efficient growth since Edison Partners’ investment and operating performance was the strongest to date over the last 12 months.
Car Wash Owners Network (CWON), a portfolio company of Baltimore-based Access Holdings, has closed its investment in Flagship Car Wash Center (Flagship), a car wash operator in the Mid-Atlantic.
As a mid-market investment firm specialising in buy-and-build strategies, Access Holdings partners, scales, and innovates to build enduring businesses. Access Holdings and CWON will support their partnership with Flagship by bringing best-in-class processes and technologies to bolster Flagship’s position within its existing markets and expand into new geographies through de novo development and M&A initiatives.
“We are always looking to partner with entrepreneurs who share our level of ambition and drive
Breega, backer of Moneybox, and Connect Ventures, backer of Truelayer, have closed a GBP5m seed equity round into Keebo, a credit card approved by the FCA to use open banking data.
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Tiger Lights, an add-on to Riverside’s Arrowhead Engineered Products (AEP) platform.
Tiger Lights is a provider of aftermarket LED lighting accessories for agricultural and industrial applications.
Founded in 2013 and based in Tangent, Oregon, Tiger Lights focuses on developing lighting products for frequently used agricultural and industrial equipment including tractors, combines, forklifts and skid steers. Tiger Lights’ LED lighting products provide better illumination and last longer than traditional halogen lighting for work in low-light situations.
“We are excited to add Tiger
Partners Group, a global private markets firm, has agreed, on behalf of its clients, to sell Hortifruti Natural da Terra (Hortifruti), Brazil’s largest fresh food retail chain, to Brazilian conglomerate Americanas SA (Americanas). The transaction values Hortifruti at an enterprise value of BRL2.4 billion.
Founded in 1989 and headquartered in Rio de Janeiro, Hortifruti is Brazil’s largest retail chain specialising in fresh products such as fruits, legumes, and vegetables (FLV), with 73 stores. Hortifruti is the most technologically advanced fresh food retailer in the country, with 16 per cent of sales stemming from digital channels in 2020, providing a critical service
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12 November, 2026 – 8:00 am
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