Managers
Edison Partners, the growth equity investment firm, has led a USD4 million growth round in Northpass, a New Jersey-based enterprise learning solution for driving business performance.
The capital will be used to accelerate Northpass’ go-to-market execution and product innovation to transform the USD5 billion learning management system (LMS) category.
Northpass experienced significant momentum in 2018 as it grew its customer base to more than 200 logos including notable disruptor brands such as Airbnb, Lyft, Uber, Shopify and Square. Northpass achieved 100 percent revenue growth for the year and anticipates the same 2x growth trajectory for 2019.
The company’s platform
Alpha Private Equity Fund 7 (APEF 7) is to acquire Laminam from Stefani family and Alberto Selmi. The transaction includes the following companies: Laminam SpA, Laminam Rus, Laminam USA Inc, Laminam China, Laminam Service.
The completion of the transaction, which is subject to the normal antitrust approvals, is expected before the end of June. Alberto Selmi will continue to lead Laminam, together with the management team, and will reinvest his proceeds and further increase his stake in the company.
Laminam, founded in 2001 by Franco Stefani and based in Fiorano Modenese (MO), is a specialist in large-sized ceramic slabs used
Wynnchurch Capital (Wynnchurch) has acquired Alliance Designer Products, a manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects.
Founded in 2003, Alliance leads the industry with its all-encompassing suite of products, product innovation, and dedication to unmatched customer service and product support. Alliance currently serves the Canadian, US and European markets from its headquarters in Mirabel, Québec.
“We are committed to delivering best-in-class products and services for all of our customers and are excited to partner with Wynnchurch as we continue that mission,” says George Tutino, President of Alliance.
Jack Tutino, Senior Vice President,
Värde Partners has completed a strategic GBP60 million equity investment in UK-based specialist bank Masthaven, having previously announced the deal in September 2018.
The completion of the investment will enable the bank to deliver against its strategic ambition to become one of the leading specialist banks in UK residential and SME markets.
The GBP60 million equity investment from Värde Partners, along with the bank’s existing capital base, will enable Masthaven to significantly increase lending to consumers and SMEs over the next three to five years as well as provide innovative deposit solutions to Masthaven’s customers.
By serving borrowers without
Saleswhale, an AI-powered sales assistant for mid-market and large enterprises, has closed a USD5.3 million Series A funding round, led by Monk’s Hill Ventures.
The company, based in Singapore, plans to use the investment to expand its teams in engineering, customer success, and sales & marketing. The investment will also extend the Saleswhale offering to meet growing demands from enterprise customers globally, including features such as Salesforce integration and enterprise work flows.
Saleswhale CEO and Co-Founder Gabriel Lim says: “We believe that AI assistants will become ubiquitous in the near future for global enterprises, as C-suites recognise that automation is
The new private equity fund of Kempen Capital Management (Kempen), the Kempen European Private Equity Fund, is now for sale in the United Kingdom. The fund, which was launched in the Netherlands in January 2019, has raised over EUR76 million in the first closing.
The Kempen European Private Equity Fund is a closed-end investment fund with a minimum term of ten years. The fund focuses on small buy-outs across Europe. The goal is to build up a well-diversified investment portfolio over a period of between three to five years, by diversifying over various European countries and sectors. The main reason
Neuberger Berman has held the final close of NB Private Debt Fund III at USD1.7 billion, surpassing its target of USD1.5 billion.
The Fund, which launched in October 2017, is the successor to NB Private Debt Fund II, which had commitments of USD750 million. The Fund seeks to invest in first lien, unitranche, and second lien loans of US middle-market companies backed by private equity firms.
Including the Fund, Neuberger Berman Private Credit manages approximately USD4.2 billion of committed capital with credit strategies focused on debt origination and opportunistic investing in secondary markets. Neuberger Berman Private Credit focuses on
Digital piracy specialist MUSO has raised GBP3.5 million in an extension to its GBP2.5 million 2017 Series A funding round with Harwell Capital.
The investment will be used to expand the company’s sales and marketing and increase its foothold in the digital media, gaming and live broadcast sectors.
MUSO’s technology removes unlicensed digital content and provides rich data and insights from piracy audiences. The company tracked 190 billion visits to piracy sites throughout 2018. Its data is used by right-holders, broadcasters, sports organisations and brand advertisers to inform a total view of audience consumption and provides insight into content demand,
Global advisory firm GCA Altium has continued to expand its international presence across Europe and Asia in FY18 as total revenues have reached GBP181 million.
Revenues for the firm increased 35 per cent in comparison to FY17 and have increased threefold in the last five years. Net income also increased by 115 per cent compared to the previous year. Over the course of 2018, the firm closed 145 deals globally – up 30 per cent on the prior year. Over a third of these transactions were cross-border, as a result of GCA’s growing international network.
The group opened five
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility from its existing lenders.
The new four-year facility will boost the firm’s liquidity and help it maintain its strong investment pace across the Middle East.
Dr Karim El Solh, Chief Executive Officer of Gulf Capital, says: “We are very pleased to be signing this long-term flexible revolver facility which will fully secure our current funding needs. Gulf Capital today is one of the best capitalised investment firms in the region and is evaluating a number of new investment opportunities across
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
