Managers
HC Private Investments (HCPI), a Chicago-based private investment firm, is investing in Epicurean Butter Company, a manufacturer of finishing butters for the retail and foodservice industries.
As part of the deal, company founders Janey and John Hubschman are remaining in senior leadership roles and maintaining a significant minority ownership stake in the Company. Additionally, HCPI is providing capital that will support the Company’s strong sales growth and ability to execute on strategic investments in manufacturing capabilities and personnel to better serve the company’s existing customer base. Terms of the transaction have not been disclosed.
Founded in 2004, Epicurean Butter enables consumers,
Bristow & Sutor, a judicial services and debt recovery group, and a portfolio company of private equity firm Sovereign Capital Partners, has acquired Credit Style.
This is the second acquisition Bristow & Sutor has made since Sovereign backed the management buy-out of the business in June 2017 following the Group’s acquisition of DRP.
Established in 1977 and headquartered in Redditch, the Bristow & Sutor group today fully-employs a team of over 450 staff who support the collection of commercial and local authority debt types. The expanded Group will manage circa 1.9 million cases per annum.
The acquisition of
Innova Capital, a private equity firm operating in Central and Eastern Europe, has held the final close of Innova VI (Innova/6) at EUR271 million.
Over 60 per cent of the committed capital came from prior fund participants, with remaining commitments provided by new investors. The fund has received backing from institutional and commercial players from Europe and North America.
“We highly value the trust of our existing and new LPs, institutions, entrepreneurs and family offices, and we would like to express our sincere thanks to all of them. We are also extremely pleased to have received the strong endorsement
FlowStone Partners, which provides private equity investment opportunities to qualified High Net Worth investors, has launched the FlowStone Opportunity Fund, a closed-end, non-exchange-listed investment management company registered under the Investment Company Act of 1940 (the ’40 Act).
The new ’40 Act Fund, which began operations on 30 August, offers qualified investors a simplified way to access private equity investments through a broadly diversified, professionally managed portfolio.
The fund launches with a completed transaction and has several other opportunities in process which may close prior to the end of 2019.
The FlowStone Opportunity Fund will invest in a mix
Industrial edge computing platform provider, Litmus Automation, has secured USD7 million in a Series A funding round led by Mitsubishi Corporation.
Litmus Automation’s products LoopEdge and Loop allow businesses to implement Industrial Internet of Things (IIoT) solutions. Working with original equipment manufacturers and other industrial companies, Litmus Automation’s IIoT solutions offer data and device management so companies can optimise how they run their business and how their customers’ businesses operate.
Litmus Automation’s customer base includes Siemens, HPE, Intel and SNC Lavalin.
“We already have key customers and channels scaling up nicely but we are seeing the market expand
Chicago-based private equity firm CORE Industrial Partners (CORE) has acquired Fleco Industries (Fleco), a provider of lighting solutions through multiple brands, including Saylite, Texas Fluorescents Reinvented, Mobern, Lights Fantastic, Lights Fantastic Pro, Lite and LFP Lighting.
Headquartered in Carrollton, Texas, Fleco, which will transition its overall corporate name to Saylite, has two manufacturing locations and four state-of-the-art lighting experience showrooms that provide innovative lighting solutions for a variety of applications. The Company offers one of the most comprehensive selections of LED-based products in the industry, as well as controls and other related lighting products for the commercial, industrial, and premium
Oberberg Gruppe, a portfolio company of private equity firm Trilantic Europe has made its second and third bolt-on acquisitions under Trilantic Europe’s ownership with the purchase of Panorama Kliniken (including Privatklinik Hubertus and Panorama Fachklinik) and Jägerwinkel Privatklinik.
Oberberg is an operator of psychiatry, psychosomatic and psychotherapy acute clinics in Germany with a focus on treatments for depression and addiction. Including the newly acquired entities, the Group has grown from nine clinics at the time of Trilantic Europe’s investment in December 2017 to 13 clinics with over 800 beds in total. Oberberg continues to differentiate itself through a unique therapy
Papier, a direct-to-consumer personalised stationery brand, has secured USD11 million in a Series B funding round led by venture capital firm Beringea.
The investment will enable Papier to accelerate its growth in the US, which already accounts for 15 per cent of the brand’s total revenues, as well as building on its collection of leading design collaborations and expanding its range of innovative products.
Existing investors Felix Capital (backers of Farfetch, Goop and Mejuri), JamJar Investments (the venture capital fund run by the Innocent Drinks founders) and Downing Ventures also participated in the round, which brought the total funds
Healthtech M&A activity saw an increase in the first half of 2019 with a healthy 100 deals inked (11 per cent more than in 2H 2018) and around USD8.3 billion in disclosed transaction value throughout the period, according to Hampleton Partners’ atest global Healthtech M&A Market Report.
Trailing 30-month median valuation multiples reached the highest levels in years, with EV/EBITDA climbing to 17.7x after the low of 13.7x in 2H 2018, and EV/S reaching 3.4x – a new record for healthtech.
Jonathan Simnett, director and healthtech specialist, Hampleton Partners, says: “M&A activity in the healthtech sector underlines a pressing
Avista Capital Partners (Avista), a private equity firm focused on growth-oriented healthcare businesses, has acquired GCM Holding Corporation (GCM) from May River.
Based in Silicon Valley, GCM is a leading outsourced manufacturer of high-precision components and assemblies, providing an integrated platform of manufacturing solutions primarily for the MedTech industry, as well as select Diversified Industrial end markets. Within MedTech, the Company manufactures products for high-growth segments such as robotic assisted surgery, radiotherapy, diagnostic technology, and other vital equipment.
GCM maintains strong and long-tenured relationships with many market-leading OEMs who value the Company’s strong capabilities in highly engineered and difficult
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
