Managers
Clayton, Dubilier & Rice (CD&R) has closed its acquisition of PowerTeam Services including the appointment of Brian C Palmer as Chief Executive Officer.
PowerTeam provides services to maintain, repair, upgrade, and install natural gas and electric distribution and transmission systems. These services are critical to maintaining the safety, reliability and integrity of aging gas and electric infrastructure. The company’s customer base includes leading regulated utilities in the Southeastern and Midwestern United States, which it serves through a network of 42 locations in 21 states with approximately 4,200 employees. Approximately two-thirds of PowerTeam’s revenue is related to natural gas systems, and
Axminster Carpets Ltd has secured GBP3.375 million of funding from Independent Growth Finance (IGF) as it continues to develop a strategy both in the UK and Internationally.
Axminster Carpets are the inventors of world-renowned Axminster weave and the company has been a byword for quality and craftsmanship for over 250 years. The company continues to weave luxury carpets in Devon and combine thoughtful design with experience and innovation to deliver high performance natural floor covering for the Royal Household, stately homes and luxury hotels.
As the retail and contract markets evolve, the senior management team at Axminster Carpets recognised
Peer-to-peer business lender, Assetz Capital, has extended its Christmas Crackers and Summer Holidays cashback promotion until 31 October 2018, enabling more investors to benefit from a seasonal 1 per cent or 2 per cent cashback bonus.
The promotion has seen a flurry of activity on the platform, with over GBP15 million invested in the ten days since it was first announced.
To take advantage of the promotion, investors must simply invest new cash into any of Assetz Capital’s investment accounts – with both ISA and non-ISA accounts qualifying for the bonus. If the money remains invested on the platform
Nicola Wealth Management has launched the Nicola Infrastructure and Renewable Resources Fund; a new fund with a mandate that includes investments that hold other ‘real assets’, such as a wider universe of global infrastructure (bridges, highways), renewable resources (farmland, timberland) and more.
“Regardless of whether the economy is doing well or doing poorly, people will continue to require food, clean water, electricity, and roads,” says Nicola Wealth president, David Sung. “We believe that these additional asset classes will offer our clients a more diverse portfolio, better risk-adjusted returns, and faster deployment of capital.”
Nicola Wealth is constantly developing their
A fund managed by Horizon Capital is to acquire a minority stake in Intellias, an IT Services provider with operations in Ukraine.
“We are delighted to attract Horizon Capital’s backing as we broaden our delivery footprint in Ukraine and beyond” stated Vitaly Sedler, Intellias Co-founder and CEO. “Intellias is the fastest-growing IT Services provider with operations in Ukraine, having expanded from circa 150 employees in 2013 to over 1,100 now. It is a testament to the success of our clients, who found in Intellias a trusted R&D partner and whom we will continue supporting in their most challenging software
Behrman Capital, a private equity investment firm based in New York and San Francisco, has acquired kSARIA Corporation (kSARIA), a producer and supplier of connectivity solutions for the aerospace and defence end markets. Financial terms of the transaction have not been disclosed.
Founded in 2000, kSARIA brings extensive process technology and engineering expertise to the high-reliability connectivity industry, offering interconnect products and services with superior performance, quality and value. The Company’s product offering includes high-reliability optical fiber, expanded beam fiber optic, copper, and RF cable assemblies and harnesses. Additionally, the Company offers custom fiber optic flex circuits for avionic and backplane
Ara Partners Group, an alternative asset manager focused on the industrial, chemicals & materials and energy sectors, has made a majority investment in Centric Gas Services, (Centric), a local gas distribution platform headquartered in Magnolia, Texas.
Centric operates four local gas distribution companies and three gas transmission pipeline companies in high-growth areas in Texas. The Barnwell family, which in 1993 founded entities that Centric owns, will retain a substantial minority ownership position in Centric.
“Our partnership with Ara Partners is an important milestone for Centric,” says Robert S Barnwell IV, President of Centric. “This investment enables Centric to continue
Elements Talent Solutions, a disruptor to the USD200-plus billion worldwide recruitment market, has received a GBP3.45 million investment from BGF to accelerate its growth across Europe, the US and the APAC region.
While recent years have seen no shortage of technological innovation in the hiring market, Elements has pioneered a model which focuses on people and seeks to change the fundamental “transaction” mechanics of the industry. Its ‘embedded model’ involves Elements consultants working on-site within the client’s hiring function and partnering with them on every stage of the hiring process.
Elements has attracted clients from global brands such as
Eos Venture Partners (Eos) debut Insurtech fund, EVP I, has made its first two investments, in Concirrus, a marine insurance analytics platform and in Digital Fineprint (DFP) an SME-focused lead generation and underwriting solution.
Concirrus uses AI-powered software to help marine insurers move to “behavioural-based underwriting”. The software provides behavioural analysis that considers hundreds of factors including a ship’s location and speed to offer more accurate underwriting models. It accesses and interprets vast datasets, such as vessel statistics, movements, cargo and machinery information, and combines this with historical claims information to reveal the behaviours that correlate with underwriting and claims.
Questel, an online intellectual property (IP) service providers, has acquired MultiLing, a global leader in patent translations, with the support of its financial investors IK Investment Partners and Raise.
Founded in 1988 and based in Utah, MultiLing leverages their advanced technology platform to provide the highest quality patent translation services in the most cost-effective manner. Led by its founder, Michael Sneddon, and supported by its 235 employees across eight countries, MultiLing serves 350 clients globally (mostly large corporations) in their process of international filing of patents.
This acquisition is part of Questel’s strategy to build a one-stop-shop offering. MultiLing’s
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12 November, 2026 – 8:00 am
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