Managers
Everberg Capital (Everberg), a structured capital fund focused on investing primarily in the US middle market, has closed a significant preferred equity investment supporting Two Sigma Impact and BayPine’s investment in Penn Foster, a workforce education platform for middle-skilled workers.
BC partners and FS Investments among other institutional investors joined Everberg in the preferred equity investment. The transaction marks a watershed moment in Everberg’s growth and evolution and was its largest to date.
Founded in 1890 as a correspondence school, Penn Foster has evolved into a digital learning platform focused on closing the skills gap by preparing workforce-ready employees
Global technology business Cosworth is to acquire Delta, a Silverstone-based developer of battery and vehicle dynamics control systems.
Cosworth’s focus on delivering propulsion, electronics and software solutions for the automotive, aerospace and marine sectors will be bolstered by the acquisition of Delta, whose specialities in the development of battery systems, in particular, align with Cosworth’s roadmap for hybridisation and electrification.
Cosworth already offers its customers a key advantage thanks to its ability to design, develop and manufacture clean-sheet solutions from its state-of-the-art facilities. Acquiring Delta, with support from Cosworth’s long-term partner HSBC UK, will enable the business to meet the
Catalio Capital Management (Catalio), a multi-strategy life sciences investment firm, has launched a Credit Opportunities strategy to expand the scope of the firm’s investments across the biomedical technology industry and meet the growing demand for non-dilutive growth capital within the sector.
The Catalio Credit Opportunities strategy seeks to provide senior-secured structured credit to breakthrough biomedical companies, targeting well-capitalised, pre-cashflow businesses with significant support from institutional investors. The strategy will be led by Co-Portfolio Managers John Henry Iucker and Robert Snyder. Iucker and Snyder both joined Catalio from Brown Advisory, an asset management firm with over USD100 billion in AUM, where
CAPZA, an independent management company and a specialist in private investments in European SMEs with EUR4.82 billion under management, has acquired a minority stake in Magellan Partners Group.
Magellan Partners is an Organization and Information System Consulting group anchored in Technology and Data. With more than 1,200 consultants and a turnover of nearly EUR140 million in 2020, it is one of the leaders in the digital transformation of companies in France. Magellan Partners defines operational, data and digital strategies, defines and supports business strategies for energy transition supported by digital technology, leads the execution of projects, and implements innovative technological
Capital Rx, a pharmacy benefit manager in the US, has raised USD50 million in Series B financing led by Transformational Capital, with participation from Edison Partners, who led Capital Rx’s Series A financing in 2019.
“Capital Rx started its mission three years ago to change the way prescriptions are priced and serviced to create enduring social change,” says AJ Loiacono, CEO at Capital Rx. “With this capital raise, we are excited to see our vision and technology accelerate an era of positive disruption in healthcare.”
Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform and fully-integrated
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has agreed terms for a strategic partnership in which Cairn Capital will acquire and merge with Bybrook Capital (Bybrook), a specialist distressed credit manager based in London.
Bybrook, established in 2014, is focused on absolute value stressed/distressed debt and special situations in Europe and has established an outstanding track record since inception. Bybrook currently manages approximately USD2.5 billion on behalf of top tier international institutional investors. Through this transaction, Mediobanca will reaffirm its majority shareholder position with a stake of c64 per cent while the remaining 36 per
Bestport Private Equity (Bestport), and Ethos Partners (Ethos) have solc Nu-Heat (Holdings) Limited (Nu-Heat) to Polypipe Group (Polypipe) for a cash consideration of GBP27 million.
Nu-Heat is the leading supplier in the UK of sustainable underfloor heating solutions, air and ground source heat pumps, and other renewable heating systems.
The company was acquired through an MBO backed by Bestport and Ethos in May 2017, and the business has experienced strong turnover and margin growth in the last three years. Polypipe was attracted to Nu-Heat due to its market leading position with a product set complementary to the Group’s existing portfolio
Fecon, a portfolio company of LFM Capital, has acquired the Vermeer forestry mulcher product line and established a global distribution agreement with the company.
This distribution agreement with Vermeer, which will be rolled out on a controlled basis throughout 2021, will provide their dealers access to the robust line of mulching equipment that leverages the best of Vermeer and Fecon mulching technology. This distribution strategy leverages the scope and size of traditional Vermeer dealerships by focusing on market segments with differentiated product needs. Blending the learnings and engineering expertise of both teams provides dealerships and customers with products that are
DW Healthcare Partners (DWHP) a healthcare-focused private equity firm, has completed its investment in Parnell Pharmaceuticals Holdings Ltd (Parnell).
Founded over 50 years ago in Australia, Parnell is a fully integrated manufacturer and developer of animal health pharmaceuticals focused on the US market.
“Parnell has an attractive position with an FDA approved manufacturing facility dedicated to animal health drugs with a particular focus on sterile injectables,” says Eric Moore, Principal at DWHP. “Alan and Brad have done a great job building a quality and compliance culture at the Company and over the last three years have dramatically transformed the organisation.
The International Volleyball Federation (FIVB) and CVC Capital Partners Fund VII have launched Volleyball World, a new partnership which will drive innovation, growth and investment in volleyball around the globe.
Volleyball is the fourth most popular sport globally, with more than 800 million fans and high participation, across attractive markets, including Italy, Brazil, Japan, Poland, China and the US. Volleyball was the most watched sport at the 2016 Rio Olympic Games, with 2.6 billion viewer hours globally.
Volleyball World will become the commercial entity for the sport around the world, initially for FIVB and aiming at working later alongside other
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
