Managers
Glennmont Partners is to acquire Project Goudelancourt, a 16.8 MW wind farm located in Northern France. The wind farm was developed and is currently under construction by Enertrag, a leading German developer that has installed over 660 wind turbines.
The wind farm is powered by seven Nordex N117 turbines and has secured a long-term operation and maintenance agreement with a reputable counterparty. The project has entered into a Power Purchase Agreement with EDF and benefits from a 15-year contract for difference tariff. ENERTRAG, as major service provider for technical management and maintenance across Europe with 1,400 turbines in its client
An affiliate of middle-market private equity firm Gemspring Capital has completed an investment in Fiesta Insurance Franchise Corporation (Fiesta), a specialist in the markets for non-standard auto insurance and tax preparation services.
Fiesta targets traditionally underserved Hispanic communities by empowering “Latinos serving Latinos” through its franchise business model. The Company has over 70 franchisees operating approximately 200 retail stores in nine states and was the highest ranked insurance franchising opportunity on Entrepreneur’s 2018 Franchise 500 list. Fiesta has grown rapidly as a result of the value it delivers to both franchisees and the over 50 insurance carriers and MGAs with
Covercraft Industries has acquired Carver Industries, a manufacturer of premium-quality, custom-fit and semi-custom fit protective covers for the marine industry.
This latest acquisition enhances Covercraft’s world-leading pattern library and expands the company’s assortment of custom-fit vehicle protection products.
Based in South Carolina, Carver Industries produces a wide array of boat covers, bimini tops, canoe and kayak covers as well as various ATV and UTV covers. Carver’s products are currently available through local marine dealers and internet retailers with distribution throughout the US, Canada, the Caribbean and Europe.
“We’re excited to be joining the Covercraft family and bringing Carver’s
Council Capital, a healthcare-focussed private equity firm based in Nashville, has invested in The Center for Neurological and Neurodevelopmental Health and The Clinical Research Center of New Jersey (CNNH).
Terms of the transaction have not been disclosed.
Headquartered in Voorhees, New Jersey, CNNH provides neurology-led medical assessment, testing, and treatment for children and adolescents with neurological, developmental, learning, and neuropsychological issues. CNNH is focused on providing innovative and coordinated care for patients and families including a comprehensive array of assessment, treatment, and support services in office, school, home, and community environments.
CNNH’s interdisciplinary team of experts works individually
Floreat has backed two privately-owned cyber security companies as part of its growth strategy in the private equity market.
Floreat Principal Investing, headed up by Jeff Sinclair, has invested in artificial intelligence business Senseon, and intelligent automation services provider Encompass, with the two privately held businesses offering one of the most attractive routes to access this growing area.
Sinclair, Managing Director at Floreat Principal Investing, said both businesses are examples of the opportunities available to private equity investors in this cutting edge sector.
“By 2022, the global cyber security market is estimated to be worth USD232 million, according
Novo Seeds’ portfolio company Galecto Biotech AB (Galecto), a developer of galectin modulators for the treatment of severe diseases, including fibrosis and cancer, has successfully closed a EUR79 million series C financing round.
As part of the financing, Novo Seeds invested EUR12.5 million, including a convertible loan, becoming the largest shareholder in Galecto. Novo Seeds Senior Partner, Stephan Christgau will continue to serve on the Galecto Board.
Stephan Christgau, Senior Partner at Novo Seeds, says: “Novo Seeds’ strategy is to identify, build and invest in innovative startup companies founded on strong science, with the ultimate goal of developing products
Mineria Activa, through its private equity fund FIP Lantanidos, has invested an additional USD2 million into BioLantanidos.
FIP Lantanidos holds 100 per cent of controlling shares of BioLantanidos, which has a high grade REE ion clay deposit rich in rare earths used to build permanent magnets that are increasingly in demand for the electric vehicles and clean energy industries.
The use of funds is to support BioLantanidos through 2019 while going through permitting and finishing the Definitive Feasibility Study.
Scale Computing, a market leader in edge computing and hyper-converged solutions, has secured USD34.8 million in Series F funding.
The largest investor in the round is Lenovo, which last week announced a global partnership with Scale to bring intelligent edge computing to global retailers, distributed enterprises, and SMBs. New and existing financial investors also participated in the round.
Scale’s patented HyperCore technology identifies, mitigates, and corrects infrastructure problems in both hardware and software in real time, using machine intelligence and automation to keep applications running without human intervention. This capability is especially critical in distributed enterprise edge computing, retail, and
Roark, an Atlanta-based private equity firm focused on franchise and multi-unit businesses, has ompleted fundraising for its two newest funds, Roark Capital Partners V LP and Roark Capital Partners II Sidecar LP, raising a combined total of USD6.5 billion.
Fund V, Roark’s main fund, targeted USD4 billion and closed on USD5 billion of capital commitments. The Sidecar Fund targeted USD1 billion and closed on USD1.5 billion of capital commitments alongside the main fund.
Neal Aronson, Roark’s Founder and Managing Partner, says: “We are enormously grateful for the continuing support of our longstanding partners, and are excited to welcome new
Noerr has provided advice and support to meal kit company, HelloFresh, on its strategic acquisition of Canadian competitor Chefs Plate.
HelloFresh entered into an agreement with the shareholders of Chefs Plate to acquire all shares in the company. Both companies will operate under the umbrella of HelloFresh in the future. The acquisition positions HelloFresh as the unrivalled market leader in Canada with target revenue of CAD 200 million for 2019. The closing of the transaction is subject to conditions precedent and is currently expected to occur within the next few weeks.
In March, Noerr advised HelloFresh on the acquisition of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
