Managers
CORE Industrial Partners (CORE), a Chicago-based private equity firm, has formed a new platform called Incodema Holdings and completed the acquisitions of Incodema, a precision sheet metal engineering solutions provider, and Newchem (Newcut), a photo chemical etching manufacturer. The Company specialises in micro, intricate parts and serves customers from prototype through high-volume production.
Founded in 2001, Incodema offers a broad array of internal sheet metal cutting and forming solutions, including laser, micro waterjet, specialty stamping, multislide and welding, among others, that allow Incodema to generate typical turnaround times of 6-8 days for complex, tight tolerance parts. Further, with the capability to
The Riverside Company, a private equity firm focused on the smaller end of the middle market, has invested in GSB & Associates(GSB), a flavour house specialising in custom flavour development. The company has a diverse portfolio of liquid and powdered flavours, as well as complementary products such as masking agents and flavour enhancers. The company will be the first add-on to one of Riverside’s most recent portfolio companies, National flavours (NF).
“Combining NF and GSB will broaden both companies’ product portfolios, providing customers with access to additional flavour development capabilities,” says Riverside Managing Partner Loren Schlachet. “During our hold period, we
PROfounders Capital and Calm/Storm Ventures have invested GBP1 million into sex therapy app Blueheart.
The fresh capital will be used to expand the available suite of therapy sessions and advance therapeutic research, as well as improving the app’s AI capabilities.
The app provides sex and relationship therapy based on the latest scientific research via sessions designed by sex therapist Dr Katherine Hertlein, editor-in-chief of the Journal of Couple and Relationship Therapy. Dr Hertlein is joining Blueheart as their expert advisor.
The Blueheart app deals with three main areas: thought sessions that focus on sexual fears and anxieties; body sessions,
European venture capital (VC) deal value registered the third largest quarterly figure on record in Q2, an incredible achievement amid widespread economic uncertainty, according to data released by PitchBook.Pitchbook’s Q2 2020 European Venture Report reveals that, across Europe, investment in sectors brought to the forefront by the coronavirus pandemic such as food delivery, mobility, software and biotech remained particularly strong even as companies were forced to adapt operations or shift to remote workforces. Corporations, seeing opportunity in tech-focused businesses like cybersecurity, helped VC deals with CVC participation in H1 2020 keep pace with the tear away record set in 2019.
Humanloop, a UCL spinout, has attracted investment from UCL’s Technology Fund (UCLTF). Based on the world-leading research of two notable academics at UCL’s AI Centre Humanloop is teaching AI to improve performance with 10 times less human training than existing systems.The UCLTF has invested in Humanloop to help the team, which includes Professors David Barber and Emine Yilmaz, to build software that can train AI models to reach high levels of accuracy while using smaller datasets through better interaction with their human users.
The potential of AI is still far from being realised. Current AI performance is severely limited
Foresight Group (Foresight), an independent infrastructure and private equity investment manager, and Williams Advanced Engineering (WAE), have announced a GBP1.45 million follow-on investment from the Foresight Williams Technology EIS Fund into Inovo Robotics (Inovo).This investment will allow the Company to grow sales internationally and brings the total invested by the Fund to GBP2.95 million, having originally invested GBP1.5 million in October 2018 to support the Company’s first product to market.
Inovo was founded in 2016 by Henry Wood and Jonathan Cheung, both former senior engineers at defence technology company, Northrup Grumman. The Company is developing a competitively priced “cobot”, a
Council Capital, a healthcare-focused private equity firm based in Nashville, and co-investor DW Healthcare Partners, a Toronto-based healthcare-focused private equity firm, have sold their stakes in Caregiver to WindRose Health Investors (WindRose), while retaining a small equity ownership. Terms of the transaction have not been disclosed.
Caregiver, headquartered in Fort Worth, Texas, is a provider of long-term care services and support to adults with intellectual and developmental disabilities (IDD). Caregiver’s professional staff members are dedicated to improving each client’s quality of life with the design, delivery, and management of personalised treatment plans. Caregiver and its branded affiliates provide
Swiss impact investment manager BlueOrchard Finance Ltd (BlueOrchard) has held the final close of the InsuResilience Investment Fund (IIF) Private Equity Sub-Fund, an initiative to improve access to climate insurance across the developing world. The fund has already made six investments across emerging markets, helping to protect more than 20 million poor and vulnerable people from the effects of climate change.
IIF is the only G20 Initiative on Climate Risk Insurance investing private capital in private sector companies to increase commercial insurance offerings. The G20 InsuResilience Global Partnership aims to protect more than 500 million vulnerable people in developing countries
The Riverside Company has financed Modern Hire’s acquisition of Sonru, an Ireland-based provider of automated video interviewing technology. The investment is an add on to Riverside’s portfolio company Modern Hire, the all-in-one enterprise hiring platform that enables organisations to continuously improve hiring experiences and outcomes with trusted science and technology.
The combined organisation offers the most comprehensive enterprise hiring technology product suite in the global marketplace, extending Modern Hire’s team, reach and expertise and providing enhanced value to Sonru’s clients.
“Adding Sonru to the Modern Hire organisation was vital to growing its client-facing reach to include offices in Europe, the Middle
TA Associates, a global growth private equity firm, and Francisco Partners, a global technology-focused private equity firm, have a made a significant growth investment in Edifecs, a global health information technology solutions company. Financial terms of the transaction, which is expected to close in the third quarter of 2020, have not been disclosed.
Founded by Gurpreet (Sunny) Singh in 1996, Edifecs is a premier technology company in the US healthcare market with solutions focused on interoperability, workflows, value-based care payments and analytics. Since its inception, Edifecs has provided a full range of capabilities to support most healthcare entities (ie, payers,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
