Managers
Global investment firm KKR and Altavair AirFinance, a specialist in commercial aviation finance, are to form a long-term partnership to pursue the creation of a leading, global portfolio of leased commercial aircraft.
KKR will make a USD1 billion capital commitment primarily from its credit and infrastructure funds, which may be supplemented with additional commitments over time, to acquire commercial aircraft in partnership with Altavair over the next several years and Altavair will be KKR’s partner for aircraft leasing investments going forward. KKR will also acquire a 50 per cent interest in Altavair as part of the long-term partnership.
KKR’s initial
Private investment firm Gridiron Capital has completed the sale of Quality Solutions, Inc (QSI), an asset light facilities management provider, to Cushman & Wakefield (NYSE: CWK), a global real estate services firm.
The acquisition of QSI will expand Cushman & Wakefield’s facility management capabilities and coverage across North American markets.
Headquartered in Wichita, QSI offers facilities maintenance and managed services in over 75 trades to 110,000+ locations across various end markets, through over 50,000 qualified vendors. The Company’s integrated, one-stop solution reduces a client’s total cost of ownership and enables clients to strategic plan effectively. Gridiron Capital originally invested in QSI
Mid-market private equity firm Bowmark Capital, has held the closing of its new fund, Bowmark Capital Partners VI, having reached its target of GBP600 million in just 10 weeks.
The fund is 60 per cent larger than Bowmark’s previous GBP375 million fund, with 94 per cent of the capital committed by investors in its prior funds.
The significant investor demand, and the speed with which the fund was raised, belied the concerns raised in some quarters that institutional investment in the UK would be impacted negatively by Brexit uncertainties.
Bowmark Capital Partners VI was supported by 23 institutional
Turnspire Capital Partners (Turnspire), a special situations-focused private equity firm, has created a new company, Crane Carrier Holdings, to acquire the specialty vehicle group of Hines Corporation, which designs, manufactures and sells heavy-duty truck chassis, complete vehicles and aftermarket parts for specialty markets.
Headquartered in New Philadelphia, Ohio, Crane Carrier produces specialty trucks under three brands: the namesake Crane Carrier Company (truck chassis), Crane Carrier Company Engineered Chassis and CyKlone® Mixers with Kimble Technology.
Turnspire Managing Partner Ilya Koffman says: “We are thrilled to acquire Crane Carrier, which is an ideal fit with our operationally focused investment strategy. The
Crestline Direct Lending, a part of the opportunistic investment group of Crestline Investors (Crestline), has closed a Senior Secured Credit Facility to support Schweiger Dermatology Group’s (SDG) expansion.
SDG is a portfolio company of LNK Partners, LLR Partners and SV Health Investors. Crestline served as administrative agent and joint lead arranger on the facility.
Since 2010, SDG has continued to grow both organically and through acquisitions and has built a multi-site platform of more than 45 locations with strong regional density, scale, and brand awareness. Additionally, the Company has made significant, advanced investments across its organisation in order to support
BGF has invested GBP6 million in TIG, a managed service provider which supports mid-market companies transitioning to the cloud.
The investment is being used to support the business’s organic growth and acquisition strategy, beginning today with the acquisition of netConsult, a specialist company providing IT transformational services and cyber security for the alternative investment sector.
TIG’s goal is to be the best cloud transformation provider for medium-sized businesses. The Watford-based group has achieved significant organic growth under the leadership of CEO Des Lekerman and COO George Georgiou. Both were part of the Eurodata management team, a company founded and
Dechert has advised Central and Easter Europe-focused private equity firmMid Europa Partners (Mid Europa), a leading private equity investor in Central and Eastern Europe, on the financing relating to the acquisition of Urgent Cargus from Abris Capital Partners.
Urgent Cargus is a leading courier, express and parcel service provider in Romania, offering delivery to over 85,000 customers, including business clients, e-commerce retailers and private individuals. The company operates a dense network of 5 hubs and 71 stations connected by 360 linehaul routes, which enable the company to offer services such as 24-hour delivery across the country.
Kerim Turkmen, Partner
Red Industries, the hazardous and non-hazardous waste management business, has secured a GBP39 million funding package from BGF, the UK’s most active investor in growing businesses, and HSBC.
The funding has initially supported the acquisition of Environmental Resource Group (ERG), and the newly expanded business is now one of the UK’s largest independent hazardous waste businesses and with aspirations for further growth.
Founded by CEO Adam Share in 2006, Staffordshire-based Red Industries has grown significantly – both organically and via acquisition to offer total waste management solutions to customers. Committed to finding environmentally compliant total waste management solutions, Red
Atlas Venture, a venture capital firm investing in breakthrough biotech innovation, has closed its first Opportunity Fund, raising USD250 million in an oversubscribed fundraise.
With Atlas Venture Opportunity Fund I (AVOF I), the firm will invest in existing Atlas portfolio companies as they progress.
“We are delighted and humbled by the support of our limited partners in this natural extension of our venture creation investment model,” says Atlas partner Kevin Bitterman. “Atlas’ longstanding and new limited partners alike have demonstrated their conviction in the ability of our portfolio companies to advance innovative therapeutics for patients in need.”
Together with experienced
Private equity firm Apposite Capital has teamed with management to make a substantial investment in Riverdale Healthcare and part fund its investment in Alpha Vitality Group. Debt for the investment has been provided by Metro Bank.
Alpha Vitality Group is a ten practice dental group operating in North East England offering a mix of NHS and private family dental services, implant and referral services and NHS and private orthodontics. Financial details of the transactions are not disclosed.
Mark Seekings, Chairman and CEO of Riverdale Healthcare, says: “The management team at Riverdale are delighted to be partnering with Apposite, and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
