Managers
Light Wave Dental Management (Light Wave), a portfolio company of middle market private equity firm Alpine Investors (Alpine), has partnered with dental group CarolinasDentist.
CarolinasDentist currently has seven locations based in Fayetteville, NC. Following this partnership, Light Wave has grown from eight to 30 affiliate locations in Virginia and North Carolina over the past two years.
The terms of the private transaction between Light Wave and CarolinasDentist have not been disclosed.
Daniel Cohen, Vice President at Alpine Investors, says: “CarolinasDentist’s high-quality dental practice and patient-first approach makes them a highly complementary fit with Light Wave and Alpine Investors.
PICO Venture Partners, a Jerusalem-based, early-stage venture capital firm, has closed its second fund with USD80 million in capital commitments. PICO now manages USD130 million across two funds.
Founded in 2015, the firm invests in early-stage startups seeking to upend broken business models in sizeable industries. Rather than focusing on specific sectors, it looks for values-based, execution-driven Israeli entrepreneurs who leverage technology to modernise processes and unlock greater efficiency in the marketplace. The firm believes that this sector-agnostic, business-centric approach is the key to successfully identifying and investing in startups with the greatest potential for growth.
PICO has invested
Squircle Capital, a European alternative investment firm focused on private equity and real estate value-add investments, has acquired 77.5 per cent of Marina Barcelona 92 (MB92).
The deal includes the 65 per cent stake from the Turkish conglomerate Dogus and a 12.5 per cent stake from minority shareholders.
The transaction, which has been approved by the Barcelona Port Authority, is expected to close, subject to customary closing conditions, within the coming weeks.
MB92 is widely recognised as the a leading player within the refit industry, having consolidated its market position by expanding its operations and client base in
The Manchester office of Endless, a mid-market private equity investor, has completed the acquisition of UK independent omni-channel outdoor furniture retailer Moda Furnishings.
Headquartered in Manchester, Moda Furnishings was established in 2014 and has grown rapidly in sales and profitability in that time.
It provides a comprehensive range of premium rattan garden furniture through its website (www.modafurnishings.co.uk) and its two showrooms in Manchester and Caterham, Surrey.
The business offers a unique, modular range of designs with an exceptional reputation for customer service and quality of product. The business is operated by Jonathan Brierley and Vallan McCarthy who will
EQT Infrastructure portfolio company Kodiak Gas Services (Kodiak) is to acquire Pegasus Optimization Managers (Pegasus) from affiliates of Apollo Natural Resource Partners II, a fund managed by affiliates of Apollo Global Management.
Kodiak’s acquisition of Pegasus solidifies it as an industry leader in service and quality. The combination of Kodiak and Pegasus brings together the two fastest growing contract compression businesses, with the combined youngest fleet in the industry, a focus on exceptional customer service, and technical performance leading to best-in-class mechanical availability and reliability.
Kodiak, acquired by EQT Infrastructure in February 2019, is the largest privately owned and
Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower mid-market, has recapitalised New Era Technology, a technology solutions provider serving customers in the United States, the United Kingdom, New Zealand, and Australia.
Terms of the deal have not been disclosed.
New Era provides a comprehensive suite of managed services and systems integration capabilities for a wide range of IT solutions, including collaboration, data networking, and security. Employing a customer-centric business model, New Era is a trusted technology advisor to more than 6,500 worldwide customers – often name-brand, blue-chip multinational businesses – that span
Prestige Funds has listed its second Luxembourg direct lending fund, the Prime Alternative Finance Fund (PRALTF), on Euronext Dublin.
The share classes include hedged EUR, USD, CHF, SEK as well as GBP based share classes and have accumulation or distribution options all operating with no performance fee and typically without leverage.
PRALTF invests in a diverse portfolio of secured loans to UK-based agricultural businesses and is also exploring opportunities in the Netherlands, Republic of Ireland and the USA. Domiciled in Luxembourg and launched in 2018, the fund now has approximately USD50 million in assets under management taking the overall
CVC Strategic Opportunities II is to acquire a 50 per cent stake in DFE Pharma (DFE), a global excipients manufacturer for the pharmaceutical industry.
DFE is currently a 50/50 joint venture between dairy companies FrieslandCampina and Fonterra. CVC Strategic Opportunities II will acquire Fonterra’s holding in the business.
Headquartered in Goch, Germany, DFE is a global leading excipient manufacturer. Excipients are the inactive substances that are blended with the active ingredients in medicine for purposes such as binding, bulking, disintegration or to aid in the processing of the active ingredient. With operations in Europe, India and New Zealand and
Splio has closed an additional EUR10 million funding round led by Ring Capital, a fund specialised in financing French tech scale-ups, with the participation of Swen Capital Partners and Splio’s historic investors, BPI France and Amundi PEF.
The company, which has offices in Europe and in China, presently offers a SaaS New Loyalty marketing platform, used by over 500 brands in eight different industries, including the brands The Kooples, FNAC, Le Slip Français, Big Fernand, GiFi, Maty, and Longchamp.
Splio raised EUR10 million to accelerate its product development and international growth. Building upon this fundraising and the investors’
UK-based technology company Everledger has completed its USD20 million Series A funding led by Tencent Holdings Ltd, a Chinese internet-based services provider.
Graphene Ventures, Bloomberg Beta, Rakuten, Fidelity and Vickers Venture Partners have also participated.
Leanne Kemp, founder and CEO of Everledger, says: “Today’s announcement amplifies our commitment to global markets, whilst fuelling our industry momentum as we continue to build Everledger. Having this strong investor cohort join us at this stage in our development is both validation of the innovation we’ve displayed to date, and a statement of future intent. They will support us in bringing more visibility
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
