Latest News
European specialist growth equity investor Verdane has held a final close of Verdane Idun I (Idun), an impact focused fund investing in technology-enabled businesses based out of Europe.
The Fund is classified as “Article 9” under the European Union’s Finance Disclosure Regulation and closed at its hard cap of EUR300 million, over its target fund size of EUR225 million.
The fund has already made three investments: Auntie, a digital provider of workplace wellbeing services; Spond, a digital enabler of grassroot sports and physical health; and a third business which will be announced at a later time.
The Fund
True Wind Capital (True Wind), a San Francisco-based private equity firm focused on investing in technology companies, has made a strategic growth investment in W Energy Software.
M33 Growth, LLC, a Boston-based venture and growth-stage investment firm that previously invested in W Energy Software, along with the Company’s founders and other shareholders, are rolling a meaningful portion of their investment into the transaction.
Based in Tulsa, OK, W Energy Software is a provider of cloud-based accounting and ERP software to enterprise and mid-market customers across the energy and commodities value chain.
Orrick, Herrington & Sutcliffe LLP served as legal
Private equity firm Sentinel Capital Partners has acquired The Recreational Group, a manufacturer and distributor of recreational surfacing products, from Eagle Merchant Partners.
At the closing, The Recreational Group was combined with Controlled Products, also a manufacturer and distributor of premium synthetic turf products, which Sentinel acquired in October 2021. Terms of The Recreational Group deal have not been disclosed.
Sentinel has significant prior investment experience with niche manufacturing and distribution businesses, including PlayCore (play, park and recreation products), Chase Doors (specialty doors), Chromalox (precision heating technology), Colson (casters and wheels), ECM Industries (electrical products), Engineered Controls International (pressure regulators
GKG Ventures, a Netherlands-based venture capital (VC) arm of the global financial services conglomerate Global Kapital Group (GKG), and Bogazici Ventures, one of Turkey’s leading VC firms, have reached a cooperation agreement under which they will provide growth capital and strategic and operational support to fintech start-ups.
GKG Ventures, which was established in 2021 as part of GKG, a group of fintech companies operating across five continents, and Bogazici Ventures, which has been supporting Turkish technology focused start-ups since 2015, will seek to invest in fintech start-up companies primarily in Turkey and South-East Europe. Initially they will seek to commit
GoEngineer, a provider of 3D design and additive manufacturing solutions, has finalised a majority recapitalisation of the business with Court Square Capital Partners (Court Square).
Ken Coburn, Founder and CEO of GoEngineer, will continue to lead the business alongside the Company’s existing management team and will remain a significant investor alongside Court Square.
Lazard served as financial advisor and Jones Day served as legal counsel to GoEngineer on this transaction. William Blair served as financial advisors and Dechert LLP served as legal counsel to Court Square. Churchill Asset Management provided financing for the transaction.
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Signal Vine, a higher education-focused text messaging platform.
The investment is an add-on to Riverside’s Modern Campus, a learner engagement platform for higher education institutions. The investment will enable colleges and universities to modernise learner engagement with personalisation at scale, supporting optimal enrolment, completion and student success.
Genesys Capital has appointed Dr Maxime Ranger as a Venture Partner. Later this year, he will transition from this role into the role of General Partner of Genesys Ventures IV LP.
Genesys has enjoyed a long-standing relationship with Ranger as he has co-created and provided leadership to three biopharma companies alongside Genesys over the past 15 years, including most recently having co-founded and currently serving as CEO of Genesys portfolio company, Giiant Pharma.
Funds advised by alternative credit provider Permira Credit are acting as sole senior secured lender to CVC Capital Partners on its acquisition of Rayner Surgical Group (Rayner).
The support highlights Permira Credit’s focus on high-quality, growing businesses and builds on Permira’s proven track record of investing in the healthcare sector.
Founded in 1910, Rayner is a designer and manufacturer of advanced technology Intraocular Lenses (IOLs) for ophthalmic products.
The Permira Credit funds are supporting Rayner’s acquisition of Omeros Corporation’s ophthalmology assets, including Omidria.
Babcock International Group (Babcock) has sold its overhead line Power business to M Group Services (MGS) for a gross cash consideration of GBP50 million.
M Group Services is the growing UK infrastructure services group backed by international private equity firm PAI Partners.
Following the sale, the Power business will form part of the MGS’ Morrison Energy Services division.
Marigny Investments, a Denver-based private equity firm, has acquired The Gauge House, a distributor of measurement and instrumentation equipment.
The Gauge House, based in Lafayette, Louisiana, distributes gauges, valves, regulators, tubing, and fittings. Ryan Elwell, who acquired the company in 2000, will continue to lead The Gauge House.
UMB Bank provided debt financing and Nelson Mullins served as legal counsel for Marigny Investments.
Evangeline Securities served as financial advisor and Babineaux Poche Anthony & Slavich served as legal counsel for The Gauge House.
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
