Managers
MidOcean Partners, a premier middle market private equity firm focused on the business services and consumer sectors, has held the final close of its latest fund, MidOcean Partners V.
Fund V was oversubscribed and closed at its hard cap with USD1.2 billion of limited partner commitments, exceeding its USD1.0 billion target.
Consistent with MidOcean’s prior funds, Fund V is targeting investments in attractive middle market companies in the consumer and business services sectors. A core tenet of MidOcean’s investment strategy has been to leverage the talent and operating expertise of its Executive Board, which is comprised of senior executives
Corin, backed by the Permira Funds, is to acquire Global Orthopaedic Technology (GOT) an Australian-based orthopaedic implant designer and manufacturer.
The acquisition will strengthen Corin’s position as a global leader in the hip and knee joint replacement market, and is a testament to Corin’s accelerated global expansion and focus on innovation. Corin’s R&D Hub in Australia is a key pillar of its global innovation capabilities and differentiated product offering. The combination with GOT provides significant scale to Corin’s operations in Australia – one of the world’s most attractive orthopaedics markets, as well as additional R&D expertise.
Global Orthopaedics Technology,
Souter Investments has sold OnniBus.com, a Finnish intercity bus operator, to Koiviston Auto.
OnniBus.com was founded by Finnish entrepreneurs Lauri Helke, Petteri Rantala and Pekka Motto in 2012 and quickly became a disruptive influence on the Finnish intercity transport market.
Following growth capital investment from Souter Investments in 2014, OnniBus.com re-launched, offering a fast and reliable Finnish intercity coach network. The company pioneered the use of dynamic, yield managed pricing and built an online distribution and sales model via its website www.onnibus.com. Today OnniBus.com serves more than 300,000 passengers every month, and operates a national network connecting customers in
Locum’s Nest, an app that connects doctors to locum work in hospitals, has raised GBP3 million in further funding from Albion Capital Group, an independent investment manager, and IDO Investments.
Locum’s Nest, an app that connects doctors to locum work in hospitals, has raised GBP3 million in further funding from IDO Investments and Albion Capital Group, an independent investment manager.
The new funding takes the total investment in Locum’s Nest to GBP4.2 million.
Locum’s Nest is the mobile-first platform connecting doctors to temporary work in healthcare organisations, whilst helping hospital staff managers cut out the inefficient and expensive
Electra Private Equity is to seek shareholder approval for a possible sale of its UK restaurant chain TGI Fridays. The move is part of a wider strategic review of the private equity firm’s business which could see its whole portfolio liquidated.
Electra has already disposed of its non-controlling stakes in PhotoBox and Knight Square and is now recommending shareholders back sales of both TGI Fridays and footwear chain Hotter Shoes.
Neil Johnson, Chairman of Electra Private Equity PLC, says: “The Board is pleased to announce agreement for the successful realisation of its larger non-controlled assets.
“Having carefully considered
City law firm Wedlake Bell has advised Global Risk Partners Group (GRP) on its acquisition of U-Sure Insurance Services Ltd (U-Sure), a firm specialising in property insurance.
The acquisition further strengthens GRP’s expanding Underwriting division. The deal has received regulatory approval and the deal value is undisclosed.
GRP is a specialist group with a focus on investing in brokers, managing general agents (MGAs) and teams trading in the UK retail and global, specialty insurance and reinsurance markets. The company’s Gross Written Premium (GWP) currently stands in excess of GBP700 million. This transaction marks GRP’s 34th acquisition since the Group’s
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM) business has raised over EUR 850 million for its second European infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), surpassing the EUR700 million set target within six months of its launch.
The Fund will remain open to new subscriptions until year-end with a hard cap of EUR1 billion.
IDP II’s strategy targets private infrastructure debt opportunities of medium size in Western Europe, primarily through direct lending on senior secured projects, where it currently sees the most attractive risk-reward proposition. The asset class generates stable income from defensive
Law firm Paul Hastings has advised Saba Software, a portfolio company of Vector Capital, on its acquisition of Lumesse, a provider of talent acquisition, talent management and learning experience technology in Europe.
The Paul Hastings team was led by San Francisco partners Steve Camahort and Dana Kromm and also included partner Garrett Hayes and associate Sam Waite in London. Paul Hastings has advised Vector Capital and its portfolio companies on a number of recent transactions, including: Saba Software’s acquisition of Halogen Software; the acquisition of Experian’s Cross-Channel Marketing business to form Cheetah Digital; Cheetah Digital’s acquisition of Stellar Loyalty; and Allegro Development’s acquisition of Financial Engineering Associates.
Mid-market private equity investor LDC has completed the sale of Seabrook, the Yorkshire crisp brand, to leading snack brand Calbee (UK) Ltd for an undisclosed sum.
LDC backed the management buyout of the business in July 2015 to support its growth. Over the past three years, Seabrook has continued to invest in its manufacturing infrastructure, launch a number of new products and expand internationally.
The deal sees Seabrook join Calbee UK, a subsidiary of global snack company, Calbee Inc, which already boasts Yushoi, Rustiks and Harvest Snaps among its portfolio. It will see Seabrook operate as a standalone company,
Adams Street Partners, a private markets investment management firm with USD34 billion of assets under management, has held the close of Adams Street Venture Innovation Fund II with USD426 million in capital commitments.
The fund will focus primarily on early-stage venture fund managers globally.
Clients participating in the fundraise reflect the global nature of the firm, with commitments from both new and existing Adams Street investors located in United States, Canada, Germany, Great Britain, Japan, South Korea, and Thailand. Client types represented in this fundraise include institutional public and corporate pension plans, high net worth individuals, family offices, and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
