Managers
Purpose Financial (Purpose) has acquired CreditGenie, a Canadian technology company that aims to support Canadian small and medium-sized businesses by providing a fully digital alternative payment solution, enabling their customers to increase purchasing power through instant credit adjudication at the point-of-sale.
CreditGenie, based in Toronto, was founded in 2016 by entrepreneurs Alex Kaplunov and Daniel Shain, currently partners with nearly 500 merchants across a broad range of industries, in 12 Canadian provinces and territories.
The acquisition of CreditGenie follows Purpose’s investment in the building of Ario, a Toronto-based banking-as-a-service technology platform provider, and its March 2018 acquisition of Thinking Capital,
ARQIS has advised Sumitomo Electric Industries. on the acquisition of the European manufacturer of powdered metal components Sinterwerke Herne (SWH, North Rhine-Westphalia, Germany) and Sinterwerke Grenchen AG (SWG, Canton of Solothurn, Switzerland).
The Company’s Powder Metal Products Division operates globally, with Sumitomo Electric Sintered Alloy Ltd. (headquarters: Takahashi City, Okayama Prefecture; President: Toshiyuki Kosuge) as its mother plant. The division provides a wide variety of products primarily for Japanese manufacturers of cars, automotive components and air conditioners.
Taking advantage of these acquisitions, the Company will strive to expand its sales channels to cover European automakers and components manufacturers and increase
Canadian institutional investors are seeking to further increase their overall allocations to alternative investment strategies, including real estate, private equity, infrastructure, private debt and hedge funds, according to a new study published by CIBC Mellon.
The report, “Race for Assets: Canada vs the World,” found that among the various alternative sub-asset classes, real estate (42 per cent) is most favoured among Canadian investors surveyed, followed by infrastructure (20 per cent), private equity (18.7 per cent), private debt / loans (17.9 per cent), and hedge fund investments (1.4 per cent). Private equity led the way in terms of satisfaction, with 47
Macfarlanes has advised Tarsus Group, a London-listed international business-to-business media group with interests in exhibitions, conferences, publishing and online media, on its recommended takeover by private equity firm Charterhouse Capital Partners LLP for a consideration of approximately GBP560 million.
As part of the transaction, Tarsus Group’s existing management team will stay in place and roll over part of their holdings into the Charterhouse Capital Partners acquisition structure. Completion is expected to take place in the third quarter of 2019, subject to shareholder approval and regulatory consent being obtained.
The Macfarlanes team was led by corporate and M&A partner Harry
The Riverside Company, a global private equity firm, has acquired Northern Colorado Traffic Control, Inc (NCTC), a full-service provider of outsourced traffic management serving the Colorado market.
NCTC is an add-on to Riverside’s Area Wide Protective (AWP) platform that also provides temporary traffic management solutions to utilities, utility contractors and telecommunications companies, among various other customer types.
Based in Greeley, Colorado, NCTC offers a full-suite of traffic control services including traffic planning, full equipment and personnel packages, work zone set-up, traffic control product rental and sales and custom signage through its fabrication shop. The organisation provides its services to a
O’Melveny has represented Kayne Partners on a USD25 million Series B financing for Natural Partners Fullscript, a nutraceutical prescribing platform for healthcare practitioners who utilise an integrative approach to patient care.
Kayne Partners is the growth equity group of Kayne Anderson Capital Advisors, an alternative investment management firm headquartered in Los Angeles. Kayne Partners is focused on software and tech-enabled business services companies.
The O’Melveny team advising Kayne Partners was led by partner David Smith, counsel Melissa Wright, and associate Bhavreet Singh Gill.
Natural Partners Fullscript works toward a dream of creating a single platform for practitioners seeking extensive supplement
Egeria, an Amsterdam based investment company, has acquired a majority interest in the Irish headquartered MAAS Aviation Group.
The company’s executive management team has retained a minority interest in the company. MAAS Aviation is one of the leading commercial aircraft painting companies in the world with operations in The Netherlands, Germany and the USA. Founding shareholder and Executive Chairman, Darragh Hall exits MAAS Aviation after almost 40 years with the company. The financial details of the transaction have not been disclosed.
MAAS Aviation has achieved significant growth over the last five years and has developed successful partnerships with OEM and
Irish Funds, the representative body for the global cross-border investment funds industry in Ireland, has reported an increase in assets in Irish domiciled funds of 9 per cent over the last quarter, to an all-time high of EUR2.64 trillion according to the latest data from the Central Bank of Ireland (CBI).
Net sales for the quarter across all funds, stood at EUR32.3 billion – of which EUR25.7 billion were into ETFs. This, along with positive market movement helped drive an increase in assets in Irish domiciled ETFs to EUR429.8 billion, representing 17 per cent growth in the first quarter.
Since
TowerBrook Capital Partners is to sell Metallo Holdings 3 (Metallo), a Belgian-Spanish non-ferrous metals recycling Group, to Aurubis AG.
Metallo is a recycling and refining company with around 530 employees at its main sites in Belgium and Spain. In the fiscal year 2018, Metallo generated revenues of approximately EUR 985 million. With the transaction, Aurubis continues to actively pursue its multi-metal and recycling strategy.
The closing of the transaction is subject to clearance by the responsible merger control authorities and is expected to take place towards the end of the year. The Supervisory Board of Aurubis AG has already
Palatine Private Equity has supported the management buyout of technology-driven testing, inspection and certification (TIC) business Lucion Services.
Founded in 2003, Lucion is a multidisciplinary risk management group focused on hazardous materials, with a market-leading presence in the asbestos compliance market. Headquartered in Gateshead but with offices across the UK, the group works in close partnership with its clients to help them achieve full compliance with UK occupational safety and environmental regulations.
Operating across a range of sectors including retail, housing and marine, Lucion uses its bespoke NexGen operating software to provide an added value service to a wide
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
