Managers
Kirkland & Ellis has advised FountainVest Partners as a member of an investor consortium in a voluntary public tender offer, for all the shares in Amer Sports Corporation, a Finnish sporting goods company with internationally recognised brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor.
The transaction is valued at approximately EUR5.6 billion (USD6.4 billion).
The investor consortium comprised ANTA Sports Products Limited (HKSE: 2020), FountainVest Partners, an affiliate of Chip Wilson (founder of lululemon athletica inc) and Tencent Holdings. Read more at the releases by Amer Sports and ANTA Sports Products.
The Kirkland team was led by
Ironwood Capital’s portfolio company Consulting Solutions International (CSI), an IT staffing and consulting business, has acquired JDC Group, an Atlanta-based IT staffing firm that provides services similar to CSI with a focus on supporting SAP software.
Ironwood Capital Managing Director Alex Levental says: “Since our original investment in CSI in June 2018, the company has continued to execute to plan and acquire complementary firms, expanding its capabilities and geography as one of the largest IT staffing solutions service providers in the United States. These acquisitions create cross-selling opportunities and fuel CSI’s bottom-line growth while extending the company’s geographic reach and
Private equity firm HIG Capital (HIG) has sold its portfolio company, ACG Materials (ACG) to Arcosa, a manufacturer of infrastructure-related products and services, for approximately USD315 million.
ACG, based in Norman, Oklahoma, mines, processes, and distributes industrial minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel, basalt and downstream food, pharmaceutical, prill and plaster products across a diverse set of end markets including building products, energy, infrastructure, and agriculture.
HIG recapitalised the Company in December 2012, and through the completion of nine acquisitions and the development of six greenfield mines, subsequently grew ACG from five mines and two production
Glennmont Partners has agreed to divest a portfolio of five onshore wind farms in north-eastern and western France, totalling installed capacity of 59.5MW, to a wholly-owned subsidiary of Falck Renewables, a listed company on the Italian stock exchange, in a EUR37 million deal.
The five onshore windfarms, Bois Ballay (12.5MW), Les Coudrays (10MW), Mazeray (12.5MW), Eol Team (12MW), and Noyales (12.5MW), commenced operations between 2006 and 2013. The deal is expected to close in early 2019.
Glennmont Partners focuses exclusively on investment in clean energy infrastructure. The sale continues to demonstrate the successful divestment of Glennmont’s Clean Energy Fund
DVI Equity Partners (DVI), along with VT Companies and DF Enterprises, has made an investment in Luminoso Technologies’ Series B round of financing.
Luminoso’s software applies artificial intelligence (AI) and natural language processing (NLP) to derive insights from text-based and unstructured data such as contact centre interactions, chat-bot and live chat transcripts, product reviews, open-ended survey responses and email. The software natively analyses text in fourteen languages, as well as emoji. Terms of the investment have not been disclosed.
“Luminoso is a remarkable company and well-positioned to be a NLP technology leader,” says DVI Managing Partner Robert Griffin, who
Crestline Investors (Crestline), a credit-focussed institutional alternative asset manager, has closed Crestline Specialty Lending Fund II (SLF II) with over USD800 million in capital commitments.
SLF II will follow the same strategy as its predecessor fund, Crestline Specialty Lending Fund I.
Crestline Direct Lending provides flexible senior debt capital solutions to lower-middle and middle-market businesses, with a focus on senior secured, unitranche and second-lien opportunities ranging from USD15 million to USD100 million.
The closing of SLF II will allow Crestline to continue lending to small and medium-sized businesses, primarily in North America and Western Europe. Crestline Direct Lending
Investor services firm SGG Group, which is backed by Astorg, has successfully completed its acquisition of Augentius having received teh relevant regulatory approvals.
This acquisition reinforces SGG Group’s position as the fourth largest independent investor services firm and one of the top three independent administrators to the alternative investment community in the world, with the deal growing its assets under administration to over USD400 billion, and further strengthens its reach and footprint.
SGG Group says the services offered by Augentius will complement its current funds offering, including a leading technological platform and experienced and specialist teams with a reputation for providing a
Salveo Capital, an alternative investment firm specialising in the legalised cannabis space, has acquired a minority equity interest in Ascend Wellness (Ascend), a vertically integrated multi-state operator in the cannabis industry.
Ascend is a Massachusetts-based cannabis company with developing licenses in Illinois and Michigan. Together, the three markets are comparable in size to California, one of the most profitable cannabis regions in the US. With its multiple retail locations, along with a sizeable grow facility, Ascend Wellness aims to build a best-in-class, multi-state premium cannabis retail experience. Ascend is led by Abner Kurtin, a successful Boston-based entrepreneur, along with Andrea
Sagewind Capital (Sagewind), a New York-based private equity firm, and Berenson Holdings have led the acquisition of The Athene Group, a software and services company serving the wealth management industry.
As part of the transaction, Insight Venture Partners and Salesforce Ventures are participating as investors. Financial terms of the transaction have not been disclosed.
Athene provides a cloud-based product, Skience, to the wealth management industry, including broker-dealers and registered investment advisors. Skience’s clients rely on its agile and intuitive enterprise class platform to power and streamline mission critical business processes including client on-boarding with straight through processing, data aggregation,
BDP International (BDP), a privately held global logistics and transportation services company, has partnered with New York-based private equity firm Greenbriar Equity Group (Greenbriar).
Headquartered in Philadelphia, Pennsylvania, BDP International is a global industry leader in international logistics, transportation and supply chain solutions. BDP supports the unique supply chain needs of its diverse customer base, including those in the chemical and petrochemical, healthcare and life sciences, oil and gas, manufacturing, and retail and consumer good sectors.
BDP is universally recognised for offering a best-in-class suite of visibility and supply chain management tools through its BDP Smart technology. The company
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
