Managers
Adenia, a private markets investment firm in Africa, has finalised the sale of its 100 per cent equity stake in Ademat to SPE Capital, a private equity firm focused on Africa and the Middle East.
Founded in Abidjan in 1983, Ademat is the leading provider of power security solutions in Côte d’Ivoire. It provides a wide range of technical solutions for companies in various industries, including telecommunications, financial services, manufacturing, healthcare and hospitality.
Since acquiring Ademat in September 2016 through its Adenia Capital (III) fund, Adenia has implemented a series of strategic value creation initiatives, resulting in the expansion
A Yorkshire company which manufactures personalised pet food using only natural ingredients has secured a multi-million pound investment to accelerate its growth.
Pure Pet Food has raised the funds from Mercia’s Northern Venture Capital Trust (VCT) Funds and NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund. The latest funding round follows a GBP2 million investment by the Northern VCTs in 2019 and will allow the Cleckheaton-based company to continue to support its ambitious growth plans and development of its software as a service (SaaS) platform and data capabilities.
Established
MidCap Financial, a credit solutions firm focused on serving the middle market, has raised USD875 million through the issuance of its debut senior unsecured bond transaction, with the proceeds set to be used to refinance existing debt.
The transaction priced at the tight end of talk and was upsized by USD50 million as a result of the favorable outcome. JP Morgan Securities served as Lead Left Bookrunner. Joint Bookrunners included Apollo Global Securities, Citigroup, Deutsche Bank Securities, and Wells Fargo Securities.
David Moore, CFO of MidCap Financial Services, says: “The successful issuance of our bond offering is a significant
Goodwell Investments, an impact investment firm, has launched Goodwell V. Following on from predecessor funds, Goodwell V aims to channel capital from private investors, family offices and foundations to fast-growing, scalable small and medium-sized companies.
Goodwell V is the cornerstone feeder for a new institutional fund that the company plans to launch in the second half of this year. The firm’s local teams in Nigeria, Kenya and South Africa have made more than 20 investments across Africa over the last five years, successfully balancing substantial social impact with delivering a market rate of return to investors.
Goodwell V will
Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a 300 million Series D round of funding. Oak HC/FT led the round, with participation from previous investors Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap and more. To date, Paxos has raised more than USD500 million in funding and with a valuation of USD2.4 billion, Paxos is one of the fastest growing fintech startups in the world.
Charles Cascarilla, CEO and Co-Founder of Paxos, comments: “Demand for our enterprise solutions has accelerated much faster than we could have anticipated. It validates our
The Space sector has seen a record-breaking number of Special Purpose Acquisition Company (SPACS) deals announced in the first quarter of 2021, worth more than USD7 billion collectively.
Research conducted by Seraphim Capital, the world’s leading specialist investment group focused on the Space sector, reveals that the ‘SpaceTech’ industry has become one of the most sought-after markets for SPAC mergers. By the first quarter of this year, 11 space-related companies have already announced their intention for SPAC deals – compared to just six in total before 2021 – totalling USD7.2 billion of scheduled equity funding. This compares to the total
Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, MO, today announced its portfolio company Len The Plumber (LTP), a leading full-service residential plumbing company headquartered in Baltimore, Maryland, with branches serving the Mid-Atlantic region, has completed the acquisition of Larry & Sons Plumbing, Heating, Cooling, Drain, and Electrical Services (Larry & Sons), a full-service residential plumbing and HVAC company headquartered in Hagerstown, Maryland.
Terms of the transaction has not been disclosed.
Jeff Cooper, CEO of Len The Plumber, says: “Both Len The Plumber and Larry & Sons have been operating in the Mid-Atlantic for
Infrastructure investment firm Ventus and Singapore company Sky Logistica Pte Ltd have acquired Prague-based Skyport, a central European air cargo infrastructure company.
Skyport is the leading cargo handler at Prague Airport in the Czech Republic and also has operations in Bratislava and Košice, both in Slovakia.
Skyport operates in a modern semi-automated airside facility and processes more than half of all air cargo passing through Prague Airport.
The airside cargo handling facility in which Skyport operates was acquired by Singapore-headquartered Elite Logistics Fund in connection with the acquisition of Skyport by Ventus and Sky Logistica.
“The last twelve months have
The Riverside Company, a global private investor focused on the smaller end of the middle market, has made a minority investment in CIS Secure Computing, Inc (CIS), a provider of secure endpoint communications solutions to government agencies.
The Riverside Strategic Capital Fund (RSCF) partnered with HKW, an Indianapolis-based private equity firm with experience in the technology and federal government contracting space, in connection with this investment.
Headquartered in Ashburn, Virginia, CIS’ services enable the use of secure and customised communications technologies in sensitive environments, preventing data leaks, tracking, eavesdropping and hacking of highly sensitive information at the top levels of
Modern Meadow, a specialist in biofabrication, has secured USD130 million in Series C funding and appointed Anna Bakst as Chief Executive Officer.
For the past nine years, Modern Meadow’s investment in research and development across material science and biotechnology has paved the way for a future of biobased, sustainable consumer products. Anna Bakst, Chair of the Board for Modern Meadow, succeeds Andras Forgacs, who has served as CEO of the company since founding the business. Under Bakst’s leadership, Modern Meadow ushers in a new era of bringing materials to market that perform for people and the planet. Forgacs continues to
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
