Managers
Mercia Asset Management has announced the sale of The Native Antigen Company Limited (NAC) to LGC, a specialist in the life sciences tools sector, for a total cash consideration of up to GBP18.0million.Mercia held a 29.4 per cent fully diluted direct holding in NAC at the date of sale and will receive initial cash proceeds of GBP4.8million, with up to a further GBP0.4million receivable upon finalisation of customary closing working capital calculations.
Based upon the total anticipated amount receivable of GBP5.2million, the total realised return above the GBP2.7million holding value as at 30 September 2019, will be a further
YourMedPack Ltd, a provider of smart medication packs to support patients at home and in care, has secured GBP600,000 in funding from the Greater Manchester & Cheshire Life Sciences Fund, managed by Catapult Ventures, and existing investors.YourMedPack has developed a smart medication pack to support patients at home or in care to take their medications, improve medication management and aid adherence. The company’s smart medication packs are based on widely used blister packs already familiar to patients and their families, as well as carers and pharmacies. Despite being a novel solution, the technology is cost effective and does not require
Mobilux, the holding company of BUT, a Clayton, Dubilier & Rice (CD&R) portfolio company, is to acquire Conforama France, a subsidiary of Steinhoff International, to create the largest omnichannel furniture retail group in France. After the transaction close, BUT and Conforama France will continue to operate as independent entities under common ownership.
Conforama France is a leading home equipment retailer of furniture, decoration, and a range of homeware appliances and electronic goods. The combination with BUT will be No1 by revenue in the French home furnishings market, underpinned by strong brands, a broad network, competitive product positioning and a compelling customer
Permutive – a publisher-focussed data management platform – has raised USD18.5 million in Series B funding, led by Octopus Ventures with participation from EQT Ventures and earlier investors. The company, which works with global publishers, tripled revenue growth last year. The funding announcement comes at an unprecedented time for publishers, as web traffic continues to spike due to coronavirus yet struggles to monetise this readership persist.
The new capital will be used for international expansion, as the company continues to grow market share in North America. Permutive is also making significant hires to further enhance the experience and expertise in its senior team, including
Global tax software provider Sovos has acquired Brighton based Accordance, a UK value-added tax (VAT) managed services company.
Sagewind Capital (Sagewind), a New York-based private equity firm, has invested in QuantiTech, a provider of highly technical engineering services to the Army, Air Force, NASA and various other key defence agencies. QuantiTech’s capabilities supporting hypersonics, counter unmanned aircraft systems, and human spaceflight include systems engineering, cybersecurity, test & evaluation, and program management. Financial terms of the transaction have not been disclosed.
“We are very excited to partner with the QuantiTech team,” says Steven Lefkowitz, Managing Partner of Sagewind. “QuantiTech’s founder, Sheila Brown, and Chairman, Randy Cash, have built a reputation for excellence and established the Company as an essential
GB Auto Service, a portfolio company of Greenbriar Equity Group, has acquired Sun Devil Auto and Sun Auto Service, bringing its footprint to over 160 tyre and automotive service facilities. Matt Burke, Director at Greenbriar, says: “The automotive aftermarket is a key area of focus for Greenbriar due to its size, channel structure and defensive characteristics, which create a diverse set of investment opportunities. This acquisition is the twelfth for GB Auto over the last two years, and reflects the continued execution of our strategy to build the leading independent aftermarket service provider in the Western US. We have great respect for
Arlington Capital Partners (Arlington Capital), Washington DC-based private equity firm, has, in partnership with the existing management team, completed the acquisition of J&J Worldwide Services, Inc (J&J0.J&J represents the fourth investment out of Arlington Capital Partners V, a USD1.7 billion fund raised last year.
Founded in 1970 and headquartered in Austin, Texas, J&J is a leading provider of mission-essential, preventative maintenance activities to critical US Federal Government sites through its Healthcare and Medical Solutions, Mission Support Solutions and Engineering Solutions segments. Throughout its history, J&J has developed a comprehensive portfolio of aseptic cleaning and turnkey facility services for government hospitals
Manila-based private equity firm Navegar has held a final close of its second fund at USD197 million, above the fund’s USD150 million target.
The fund will focus on investments in established companies in the consumer and business services sectors in the Philippines.
Monument Group acted as a placement agent and exclusive adviser on the raise. Investors include development finance institutions, sovereign wealth funds, pension funds, endowments, family offices and high net worth individuals in Asia, Europe and the US.
“With Navegar’s seasoned team, track record and unique investment focus on the Philippine market, we saw interest in Fund II from
CAPZA1 and Amiral Gestion have held the first close of Artemid Senior Loan III (ASL III), the third fund of their joint subsidiary, at close to EUR400 million, which comparable to the size of the previous fund (EUR413 million).Raised in just a few months thanks to the renewed confidence of its historical investors (insurers, mutual insurance groups, French institutions and family offices) and the arrival of new subscribers (pension funds, foreign insurers, etc), this third vintage of the Senior Loan fund has been a great success, demonstrating the relevance of the investment strategy and the robustness of the team’s track
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
