Managers
The private equity industry has a unique opportunity to accelerate the UK’s economic recovery in the coming decade and contribute to the government’s levelling up agenda, according to LDC, the UK’s leading mid-market investment firm. Speaking as LDC provided an annual summary of its performance, its newly appointed Chief Executive, Toby Rougier, said that supporting the growth ambitions of the UK’s small and mid-sized companies “in every corner of the UK” would remain its “primary purpose”.
Rougier, who joined as Chief Executive earlier this month, also re-affirmed LDC’s commitment to invest GBP1.2 billlion of equity over the next three years.
LSP, a European life sciences investor, has launched the LSP Dementia Fund, a fund dedicated to fight neurodegenerative diseases. The fund will be managed by Professor Philip Scheltens, a world-renowned dementia scientist and thought leader.
Hornetsecurity Group, a European provider of cloud-based email security and data protection headquartered in Germany, is to acquire Altaro, a high-growth international provider of reliable backup solutions. The acquisition will transform the company from being a regional leader in cloud email security to an international cloud security and compliance platform.
Altaro provides cloud back-up software for Microsoft Office 365 and virtual machine (VM) software focused on mid-market and SMEs. Headquartered in Malta with offices in the UK, Germany, France, North Macedonia and the US, Altaro serves over 50,000 customers across more than 120 countries.
This transaction will significantly expand
Silver Oak Services Partners (Silver Oak), a lower-middle market private equity firm focused exclusively on business, healthcare, and consumer services companies, has completed the sale of BBG.Founded in 2009 and headquartered in Dallas, TX, BBG is a national provider of commercial real estate appraisals, environmental and property assessments, and related advisory services. BBG has distinguished itself through its comprehensive set of valuation and assessment solutions, coast-to-coast footprint, and reputation for personal attention and on-time service delivery.
Silver Oak made its original investment in BBG in July 2015. During Silver Oak’s ownership, BBG executed numerous strategic initiatives to strengthen and
Alpine Investors (Alpine), a private equity firm focused on middle-market software and services companies, has made a strategic investment in Innovative Systems (Innovative), a provider of mission-critical enterprise software for the independent telecommunications industry. The partnership will further fuel Innovative’s operations and integrated product lines to elevate customer value and serve the increasing demand for rural telecommunications.
Founded in 1998 by CEO Roger Musick, Innovative Systems serves Telecom, Cable, Municipality, Power and Utility providers nationwide. The Company’s software solutions enable independent service providers to seamlessly manage their businesses, deliver modern network services, and enhance existing offerings. Innovative’s core products include
Funding secured by cybersecurity start-ups since the start of lockdown in March increased by more than half compared to the same period in 2019, according to new research released today by Plexal and Beauhurst.
Proteus, a registered investment advisor, alternative investments and private funds platform, has added new model portfolios and pooled funds to its platform for RIAs, multi-family offices, independent broker-dealers and private banks. Read the full story at Wealth Adviser…
Institutional investors are planning to increase allocations towards private markets in 2021, with a particular focus on small and medium-sized US private equity funds as well as venture capital, secondary and co-investment funds, according to Commonfund Capital’s fourth annual private markets investor sentiment survey.
Akin Gump has advised Swedish e-commerce investor eEquity on the launch of its fourth fund, eEquity IV, which has raised SEK1.6 billion (USD195 million). The fund will support scale-ups and high-growth SMEs (small and medium-sized enterprises) and small mid-caps in several EU member states, with a focus on Nordic countries.
The newly launched joint European Commission and European Investment Fund (EIF) “European Scale-up Action for Risk Capital” (ESCALAR) pilot program, backed by the Investment Plan for Europe, made its first investment, EUR37.5 million, into the fund.
Patrik Hedelin, managing partner at eEquity, says: “We are very pleased with the fund size
BGF anticipates a strong pipeline for 2021 after marking a strong run of investment activity in 2020, despite the challenging economic backdrop of Covid-19. Over the last nine months, the investment team for Scotland and Northern Ireland has delivered a cornerstone investment in Scotland’s first IPO for two years, invested GBP37 million in over 12 growth businesses and completed the partial exit of one of its longest-standing portfolio companies.
BGF believes 2021 will see a reset in thinking among entrepreneurs after the firm experienced a sharp uptick in enquiries during the last two months from companies either directly or through their
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
