PE Tech Report

Latest News

KLAR Partners (KLAR) has held the final closing of its debut fund, KLAR Partners I (KLAR I), at its hard cap of EUR600 million.  The fund is one of the largest European first-time funds raised in the last 10 years and by far the largest raised during the Covid-19 pandemic. The Fund was significantly oversubscribed at the hard cap within 12 months of formal launch. “We are thrilled with the level of support shown by our investment partners and the trust they have placed in us as a first-time fund in this market. Establishing KLAR I has been a true
The Kempen European Private Equity Fund, the private equity investment fund of Kempen Capital Management (Kempen), has acquired a direct interest in the new entity that will be created as a result of the merger between software companies Medisys and Cityzen.  The merger will form a major software supplier in France for the development of specialised software for the healthcare industry.   The new entity that will be created as a result of the merger between Medisys and Cityzen will be a frontrunner in France in the field of healthcare ERP software, with a combined history spanning three decades. The
DunPort Capital Management (DunPort) has launched a EUR50 million fund to provide tailored and flexible capital solutions to Irish small and medium sized enterprises whose businesses have been directly impacted by the Covid-19 pandemic. 
Argonaut Private Equity, a Tulsa, Oklahoma-based private equity fund, has acquired the assets of Pioneer Well Services, a subsidiary of Pioneer Natural Resources. Located in the heart of the Permian Basin, the operation is now doing business as American Well Services and provides well service rigs for workover or completions operations and wellsite support services including, fluid transfer, hot oiling, frac tank rental and wellsite construction. American Well Services announced the retention of substantially all employees related to the operations, and an extensive amount of assets including a fleet of rigs, water hauling trucks, frac tanks, hot oil units, fishing
Unit4, a specialist in enterprise cloud software for people-centric organisations, has secured a majority investment from TA Associates, a leading global growth private equity firm.  Partners Group, a leading global private markets firm, will invest alongside TA, on behalf of its clients, while Mike Ettling, CEO of Unit4, will continue to lead the company, supported by the existing management team. Advent International, the current majority shareholder in Unit4, will exit its stake in the company.   Unit4 and TA will partner to further accelerate the company’s vision of “people-centric ERP” (Enterprise Resource Planning) for mid-market enterprise organizations.  As a leader
Toscafund, a multi asset fund management group, has become the leading shareholder in VoxSmart, a communications surveillance software provider, by investing USD25 million of growth capital to enable the business to continue its rapid growth trajectory. Read the full story at Hedgeweek…
Partners Group, the global private markets firm, has provided a bilateral ESG-linked unitranche debt financing to Kusters Beheer, a Dutch manufacturer of precision components.  The funds will be used to support Equistone’s acquisition of a majority stake in the Company, as well as facilitating investments into capacity expansion.  Headquartered in Oss, Netherlands, Kusters Beheer produces fine mechanical components and modules, primarily for use in high-tech industries. Founded in 1973, the company has developed in-house technical capabilities including state-of-the-art machining, clean room assembly and specialist process knowledge, making it a partner of choice to its long-standing customer base.  As a major
DC Advisory, an international investment bank, has appointed John S Lanza as a new Managing Director in the Business & Tech-Enabled Services team, based in New York. Lanza joins following six years as Managing Director at Stifel, where he led the execution of over 20 deals in the business services space – notably the sale of Advent Systems to Allied Universal and the acquisition of SNI Companies by GEE Group. Prior to this, John spent a decade at Merrill Lynch.   Scott Wieler, Chairman, DC Advisory US, says: “It’s no secret that the digital transformation seen worldwide throughout the pandemic
ec4u and Bulpros are merging to create a combined digital cloud solutions platform with more than 1,400 employees across 25 offices in 11 countries, backed by the pan-European private equity firm Silverfleet Capital, which has made a majority investment in the merged company.  The two companies, ec4u and Bulpros, which have been collaborating since 2018, have their headquarters in Karlsruhe, Germany and Sofia, Bulgaria, respectively. The company founders and existing management teams of both companies will remain as large shareholders and continue to operate the merged company. The merger transaction is only subject to regulatory approval.  Founded in 2000, ec4u
Bruin Sports Capital (Bruin) has reached an agreement with Quadrant Private Equity (Quadrant) to become co-owner of global sports technology, media, and marketing company TGI Sport (TGI) to further power the company’s international expansion, distribution, and commercial growth.  The deal, subject to regulatory approval, will see Barclay Nettlefold transition from QMS Media Group CEO to TGI Sport Global CEO upon closure.   The new partnership will build on TGI’s impressive growth, adding the strategic capabilities, capital and resources of Bruin to diversify and expand worldwide. It follows a series of acquisitions over the last two years that has transformed TGI

Special Reports

Featured

Events

05 June, 2024 – 8:30 am

Directory Listings