Managers
Mercato Partners has closed Savory Fund II, its second investment vehicle devoted exclusively to backing emerging and profitable restaurant concepts, raising USD100 million of commitments. The closing of Fund II builds upon the early success of the firm’s inaugural vehicle, which closed on USD100 million of commitments in October 2020.
Limited partners in the fund consist of both existing and new investors, including institutional investors, family offices, and financial services and advisory firms. 72 percent of investors in Fund I have committed to Fund II and will enjoy co-investment rights on a deal-by-deal basis.
Savory’s investment strategy focuses on
General Atlantic, a growth equity firm, has completed a growth investment in Buff City Soap, a plant-based home and personal care brand franchise.
FlixMobility, a tech-mobility company for intermodal and sustainable transport, announced more than USD650 million in new funding today based on a mix of equity and debt, valuing the business at USD3 billion.
The oversubscribed Series G funding round includes new investor Canyon Partners, a growth-oriented investment firm with a successful track record in the technology and infrastructure sectors and participation from existing investors and FlixBus founders. Existing investors include General Atlantic, Permira, TCV, HV Capital, Blackrock, Baillie Gifford and SilverLake, among others.
Los Angeles-based Atwater Capital, a Media & Entertainment-focused private equity group, is on a mission to spot and invest in companies best placed to benefit from digitisation as demand for distributed content increases.
Private equity fund Abac Solutions has closed the sale of Isolana, the Spanish independent distributor of interior finishing and general building materials, to BME Group (owned by Blackstone) after completion of customary regulatory approvals.
Isolana, which traces its origins to 1939, was acquired by Abac Solutions in 2019. The group consists of two distribution formulas, under the brands Isolana and La Especialista, as well as the metal profiles manufacturer Isopractic and the installation company La Instaladora.
Isolana is one of the market leaders in the supply of interior finishing building materials in Spain, with 36 distribution centres and 70,000 sqm
Investcorp, a global provider and manager of alternative investment products, has announced that its Extraordinary General Meeting (EGM) on the 2 of June approved the board’s recommendation to delist from the Bahrain Bourse and convert the company into a closed shareholding company. This remains subject to receipt of regulatory approvals and completion of the required legal process and is expected to be to completed during the third quarter of 2021.
Over the past four decades, Investcorp has been on a remarkable growth journey and has evolved into a genuinely global alternative investment manager with approximately USD35.4 billion in AUM, diversified
Macfarlanes has advised Dublin-based commercial security, cleaning and support services company, Bidvest Noonan, on an agreement that will see facilities management company Cordant Services join its group.
The acquisition is the company’s fourth in 2021 and will bring the total number of employees to more than 27,000 and annual revenues beyond GBP700 million.
The Macfarlanes team was led by corporate and M&A partner Simon Perry with assistance from solicitor Cristina Leon Barbadillo.
The team also included finance partner Malcolm Hitching and solicitor Duaa Abbas, competition partner Malcolm Walton and solicitor Matthew Jones, commercial partner Will Hedges, solicitor Mark Cusack, real
Social Investment Managers and Advisors LLC (SIMA), a new generation of impact investment manager, and Renewvia Energy Corporation, a global solar developer, has announced a partnership to electrify rural communities in Kenya underserved by conventional utilities.
The agreement includes a commitment of USD1 million from the SIMA Off Grid Solar and Financial Access Senior Debt Fund I, BV to enable Renewvia to expand energy access on the islands of Ringiti and Ndeda, where it currently owns and operates two solar minigrids, and to contribute to the development of new solar minigrids in five communities in Turkana County, Kenya.
Tunstall Healthcare (Tunstall), a UK-based, global provider of software solutions, services and technology for the telecare and telehealth markets, has acquired Secuvita BV (Secuvita), a technology solution provider in the Netherlands. The transaction will support Tunstall’s strategic expansion in digital solutions and services and strengthen its position in the Dutch market.
Tunstall integrates smart technology with high quality monitoring and support services to give individuals increased independence, improved quality of life and wider choice in their care options. Backed by its majority shareholders, who are funds managed by Barings and M&G, Tunstall operates in 22 countries globally and supports more
Yellow Wood Partners (Yellow Wood), a Boston-based private equity firm focused on investing in consumer brands and companies, has completed the previously announced acquisition of the Scholl footcare brand, which operates globally outside of the Americas, from UK-based Reckitt.
The acquisition reunites the international Scholl with the Dr Scholl’s sold in the America’s after 30+ years of separate ownership and creates the leading global footcare brand operating as an integrated business in 50+ countries with annual retail sales exceeding USD700 million.
Dana Schmaltz, Partner of Yellow Wood, says: “As part of Yellow Wood’s ‘preparation to meet opportunity,’ we began speaking
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
