Managers
I Squared Capital, a global infrastructure investment manager, is to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, a renewable energy specialist jointly owned by Ontario Teachers’ Pension Plan and PSP Investments, for a total enterprise value of EUR1.5 billion.“Our objective during our stewardship of T- Solar was to improve operations, grow the platform and establish T-Solar as a leader in renewables energy in Spain. We will continue to invest globally in renewables generation as well as transition energy in both industrial and growth economies,” says Sadek Wahba, Chairman of Grupo T-Solar and Managing Partner of I Squared Capital.
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NewSpring, a family of private equity strategies, has completed 16 separate investments in lower-middle-market companies to date in 2020. This deal flow pace is ahead of prior years and demonstrates the firm’s unique ability to invest through all economic periods with its proven, flexible, multi-strategy approach.
“NewSpring’s multi-strategy approach was formed to support the range of capital needs often experienced by businesses in the lower-middle market, which is large and highly fragmented,” says Jon Schwartz, President and COO of NewSpring Capital. “By specialising in this market segment for over 20 years, building deep relationships with proven, innovative management teams, and
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in Bonnie & Don Flavours (B&D), a Canadian-based manufacturer of natural and organic flavours and extracts. B&D is the second add-on to Riverside’s Flavor Platform, following the initial platform investment of National Flavors (NF) in February of this year and the add-on of GSB & Associates, Inc. in June.
“We are thrilled that B&D will be joining the NF family,” says Riverside Managing Partner Loren Schlachet. “B&D is highly complementary to the platform – it will expand NF’s geographic presence by adding
Growth private equity firmTA Associates has completed a significant growth investment in The Benecon Group (Benecon), a developer and manager of self-funded medical benefit programs. Financial terms of the transaction have not been disclosed.
Founded in 1991 by Samuel Lombardo and headquartered in Lititz, Pennsylvania, Benecon helps design and implement self-funded health plans for small-and-medium-sized businesses (SMBs). Via its Actuarial, Compliance, Finance and Producer Services divisions, Benecon offers a full suite of services for thousands of public and private employers across the United States. Benecon’s subsidiary, ConnectCare3, provides wellness consulting and clinical services for Benecon members, including patient advocacy, nurse
Whirli, a toy sharing subscription service, has raised GBP4 million in a seed funding round led by Octopus Ventures, with participation from MMC Ventures.The toy industry is a giant sector with annual global retail sales of ~GBP70 billion. It has however faced a decade of challenges and stagnation, culminating with the collapse of Toys R Us in 2018. Whirli has caught the interest of venture funds for its different approach – one that promotes sustainable consumerism, appealing directly to Millennial and GenZ parents.
Today’s parents are far more engaged with the circular economy and how they can take advantage of
Digital asset investment company B21C Limited has secured financing from global investment firm CCIX Global (HK) Limited in the form of equity and tokens. CCIX Global founder Vishal Uttam will be joining the B21 board, taking an active role in strategy and investor relations.
“Vishal’s extensive experience at CCIX Global with early stage startups and in the Fintech domain will help drive B21’s position as a market leader and represents the next step in fulfilling our mission to bring digital asset investing to the mainstream,” says B21’s founder, Nitin Agarwal.
B21C Limited is the company behind crypto investing app B21 Invest
GPF Capital has closed a private equity investment in Frugarva by integrating the Spanish business into its citrus holding The Natural Fruit Company. The founding and managing family of Frugarva joins in this way the sectorial consolidation project of one of the European leaders and continues as a shareholder in The Natural Fruit Company.
Frugarva, founded in Murcia in 1965, is one of the leading companies in Spain in the production, processing and distribution of lemons and pomegranates. With its 51,000 sq m facilities located in Alhama (Murcia) and thanks to its more than 400 workers, Frugarva serves more than
Arlington Capital-backed Octo, a provider of emerging technology and IT modernisation services for the Federal Government, has merged with Sevatec, a leading provider of mission-critical software development solutions and digital modernisation services to the Federal Government. The combination of Octo and Sevatec creates a highly agile partner to government customers that can address complex technology challenges with innovation, high-touch service, and substantial technical and operational resources.
The combined organisation has grown every year since inception and today generates nearly USD300 million of revenue and employs approximately 1,100 skilled employees dedicated to solving technical challenges for government customers across the Defense, Intelligence,
BlackRock Alternative Specialists’ David Lomas discusses how its three-pronged approach to deal sourcing makes it well positioned to support private market investors heading into 2021.
Patience will be a virtue for investors as they seek to increase their exposure to private markets heading into 2021. Performance dispersion within private equity and private credit is likely to be accentuated as the long-term impact of Covid-19 is felt; even within Covid-robust sectors such as Healthcare and Technology, there will be plenty of winners and losers.
And with record levels of dry powder waiting to be deployed in the PE space, investors are
Global Ventures, a UAE-based venture capital firm, has partnered with Capria Ventures (Capria), a Seattle-based global investment fund-of-funds. Capria is backed by international investors, including Vulcan Capital, the Ford Foundation, Bill Gates, the World Bank’s International Finance Corporation, Unitus Labs, and other leading impact investors.
Global Ventures backs global-minded founders who lead growth-stage companies and use technology to transform emerging markets. It has invested in 25 companies, operating across 15 markets, using capital from its two funds. The second fund is focussed on technology companies addressing critical needs and demands in recently accelerated industries. Global Ventures is a leading provider of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
