Managers
MSQ Partners, an international marketing communications group, is to buy the Be Heard Partnership (LSE: BHRD) and three of its agencies (MMT Digital, Freemavens and Agenda21), subject to shareholder approval. Be Heard has agreed to sell its creative agency, The Corner, back to its management team ahead of the transaction concluding, again subject to shareholder approval.The deal values Be Heard’s equity at around GBP6.2 million and would create a combined group with over 750 staff in the UK, Asia and the USA and be led by MSQ’s CEO Peter Reid. MSQ is backed by LDC, the established UK private equity
eQ Asset Management has on 22 June 2020 closed eQ PE XII North at EUR190 million. Fund raising was launched in January 2020. As eQ’s previous Northern European focused fund raised EUR175 million in 2018, the new fund is eQ’s biggest North Europe fund so far. In addition, eQ has started investing four private equity separate accounts during the first half of 2020.
eQ PE XII North makes commitments to funds investing in unlisted, lower midmarket growth companies operating in Northern Europe. Further, the fund will commit 2/3 of its commitments to new primary funds and 1/3 of its commitments to
Italian investment banking and asset management group Mediobanca is launching a new private markets fund aimed at Italian private clients, aiming to offer a diversified strategy that will seek to exploit opportunities arising from the economic and financial dislocations caused by Covid-19.
The new Mediobanca Private Markets Fund III vehicle, the third fund from the investment programme developed by Mediobanca Private Banking in collaboration with Russell Investments, marks an expansion of the Milan-headquartered banking group’s alternative investments offering for private clients in Italy.
Having previously raised over USD250 million with the first two funds, the new strategy – which will
Allocator, an investment data and technology company, has secured a significant amount of growth capital from the leading provider of independent investment research, Morningstar, in exchange for a minority stake in the company.As part of the transaction, Brett Kaluza, Vice President of Customer Success at PitchBook has been appointed to Allocator’s Board of Directors. PitchBook is a wholly owned subsidiary of Morningstar and premier data provider for the private and public equity markets.
Allocator was founded by former investors in alternative funds, who recognised the need for comprehensive fund data as well as data management tools to improve the
Muzinich & Co has provided a new unitranche financing package to support Direct Healthcare Group (DHG), a portfolio company of ArchiMed – a pan-European investment firm specialising in the healthcare industry. Archimed acquired DHG in December 2019.DHG is a fully integrated developer and manufacturer of a range of innovative pressure care products designed to prevent medical issues such as pressure sores, which can lead to serious diseases. Founded in 2009, the business works with care providers in over 20 countries throughout Europe and internationally.
In May 2020, DHG acquired the Patient Handling Europe division of Swedish-listed group Handicare Group AB
Pixellot a provider of AI-Automated sports production, has completed a new round of financing by the company’s existing investors with the addition of Altshuler-Shaham, Israel’s largest investment house. The capital will be earmarked for accelerating the sales and marketing activities to address the growing need for safer, more cost-effective solutions for broadcasting and stats. This serves a particularly important need given the current evolving sports landscape in the wake of the Covid-19 pandemic.
The Covid-19 pandemic has immensely impacted the sports industry and has forced teams and leagues to re-evaluate the way they operate going forward. Many leagues and teams
Sherpa Capital, an Iberian private equity manager specialising in medium-sized companies, has reached a final close of EUR120 million for its new fund Sherpa Special Situations III, the fourth of the firm after the special situation vehicles Sherpa Capital I and II, and the Sherpa Capital Private Equity fund, which acquires stakes in profitable and growing companies.This is the first Private Equity fund which closes in Spain since the start of the Covid-19 crisis. Around 75 per cent of the commitments have been made by institutional investors from Europe and North America, the vast majority of which had previously invested
Ridgemont Equity Partners, a middle market private equity investor, has acquired the American Safety Council (ASC), a leading national provider of mandatory training, education, and certification solutions to regulated end markets. ASC distributes 100 per cent of its life-saving content in digital format and focuses on workplace safety, driver safety and vocational certifications. Financial terms of the transaction were not disclosed.
“ASC has an outstanding management team, led by John Comly, and a uniquely scaled, national platform with nearly two million customers and over four hundred online courses that help people lead safer and more productive lives,” says Rob Edwards, Partner
Trilantic Europe has supported seven add-on acquisitions across its portfolio companies since the start of 2020.Trilantic Europe’s portfolio company, Doppel Farmaceutici, agreed on 21 May 2020 to acquire 90 per cent of Dietopack, a leading Italian family-owned contract manufacturing organisation (CDMO) founded in 2000 and headquartered in Emilia Romagna.
With 60 employees, the company focuses on nutraceutical products (representing 80 per cent of revenues) and pet nutritionals, producing probiotics, vitamins, minerals, nutritional supplements and high protein dietary supplements mainly distributed through pharmacies by its clients. Dietopack adopts a full-service approach and is engaged in all phases of the value
Glennmont Partners, the General Partner of Clean Energy Fund II, and the PGGM Infrastructure Fund have established Green Energy Management Services (GEMS) to manage their portfolio of Italian renewable energy assets and provide asset management services to third party clients.The establishment of GEMS will enable the new company to become an independent clean energy asset manager and to develop, build and operate large portfolios of clean energy assets across Italy.
GEMS will comprise of 25 employees from SER with an aggregated expertise of more than 120 years in clean energy asset management activities. GEMS will begin operations with circa
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
