Managers
TrustArc, a provider of privacy management solutions, has received a USD70 million Series D growth investment led by private equity firm, Bregal Sagemount.
Existing investors Accel Partners, Baseline Ventures, DAG Ventures, Icon Ventures and Industry Ventures will continue to retain significant stakes in the business.
“We are very excited to bring on Sagemount as a strategic and financial partner. Given their prior success investing in market-leading, high-growth technology companies, we believe they are the right partner for the next phase of our growth,” says Chris Babel, CEO of TrustArc. “We have been building on our two decades of privacy leadership
Specialist industrial investor Rubicon Partners has acquired Park Sheet Metal, a Coventry-based manufacturer of complex sheet metal components from from its owner, Stephen Payne.
Founded by the Payne family in 1947, PSM has established a market leading position as a supplier of prototype tooling and assemblies and low volume production of body-in-white components for the niche automotive sector. Its clients include prestige and performance automotive OEMs including Aston Martin, Bentley and McLaren. PSM is well placed to grow in line with global demand for high-luxury cars and the proliferation of new electric vehicles.
Rubicon Partners was advised by the
Bridges Fund Management (Bridges) has held a final close on Social Outcomes Fund II, its second fund dedicated to social outcomes contracts, with commitments of GBP35 million.
Social outcomes contracts are increasingly used by Government to commission vital social services from mission-driven providers. Instead of the traditional ‘fee for service’ approach, these contracts are structured so that the commissioner pays directly for improvements in social outcomes. This gives the provider more freedom to design and adapt the programme, to ensure better outcomes for some of the most vulnerable people in society.
Bridges works with commissioners and providers to structure
In this week’s newsletter, Elizabeth Pfeuti reports on the continued growth in co-investment activity. As Pfeuti reports, Harbourvest Partners has increased its annual co-investment commitments from USD200 million a decade ago to USD2-3 billion today. The article looks at the various upsides to this ever increasingly popular allocation method, which has led to a three-fold increase in deal value since 2013.
PE fundraising remains buoyant, broadly speaking, with Prospect Hill Growth Partners confirming it has closed its second fund with USD380 million; an USD80 million oversubscription. Overall, Europe’s alternatives industry has grown to EUR1.62 trillion according to new research by
An affiliate of One Rock Capital Partners (One Rock) is to acquire the Engineered Components & Systems (EC&S) segment (excluding Cortland US) from Actuant Corporation (Actuant). The transaction is expected to close during the fourth quarter of 2019.
Headquartered in Menomonee Falls, Wisconsin, Engineered Components & Systems is a global company serving the agriculture, specialty and commercial vehicle, construction and other industrial end-markets with motion, actuation and control solutions. EC&S primarily serves on and off-highway OEMs with highly engineered system-critical motion, actuation and control solutions under brands that include CrossControl, Maximatecc, Elliott Manufacturing, Gits Manufacturing, Power-Packer and Weasler Engineering. The
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial technology and software industries, has completed the previously announced acquisition of Advarra, a provider of compliance solutions that are critical to the drug development process, from Linden Capital Partners.
Advarra is a leading provider of institutional review board (IRB), institutional biosafety committee (IBC) and research quality and compliance services, which are mandated by regulatory agencies for all trial protocols, patient forms, site initiations and trial modifications.
The Company serves leading pharmaceutical, biotechnology, medical device and contract research organisations (CROs), as well as academic
Private investment firm Clearlake Capital Group and existing investor TA Associates are to make a strategic growth investment inDigiCert, a provider of TLS/SSL, PKI and IoT security solutions for identity and encryption.
As a part of the transaction, Clearlake and TA will become equal partners in DigiCert. The company will continue to be led by CEO John Merrill and the current management team, who are investing alongside Clearlake and TA in the transaction. Terms of the transaction are not being disclosed.
DigiCert provides certificate management platforms and industry-best customer support in multiple languages through a diverse staff, with offices located
CVC Capital Partners (CVC), the majority shareholder in appliance care specialist Domestic & General (D&G) is to sell a 30 per cent stake in the business to Luxinva, an entity ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
CVC will continue as D&G’s majority shareholder via CVC Capital Partners Fund VII. The acquisition is expected to close by the end of 2019, subject to customary regulatory clearances.
D&G’s appliance care plans protect individuals and families against the unexpected costs of appliance repairs and replacements. With a presence in 11 countries across Europe and Australia, D&G protects approximately 23
Fashion software company Unmade has closed a new funding round of GBP4.75 million led by Octopus Ventures, with additional funds coming from MMC Ventures, Felix Capital and existing investors.
The financing will be used to fund Unmade’s continued global expansion and development of its technology, as well as improvements in serving existing customers. Unmade plans to grow its team both in Europe and the US.
Unmade has seen considerable growth this year with new customers and the expansion of its London based team. Since the last investment round, Unmade’s technology has developed to offer print customisation alongside its knitwear solution
Prospect Hill Growth Partners (Prospect Hill) has closed Prospect Hill Growth Fund II with total commitments of USD380 million exceeding the USD300 million target and the prior Prospect Hill fund.
Investors committed to Prospect Hill’s new fund include public and corporate pension funds, insurance companies, financial institutions and family offices, and are represented across major global investor markets with 54 per cent from the US, 31 per cent from Canada, and 15 per cent from Europe.
PHG II expects to make control equity investments of between USD25 million and USD100 million in North-American consumer and healthcare growth companies. Prospect Hill
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
