PE Tech Report

Latest News

  HKW, an Indianapolis-based middle-market private equity firm, has promoted Tom Shaw, a Vice President at the firm, to Principal, effective 1 January, 2021.      
ICV Partners, an investment firm focused on lower middle market companies in consumer products, business services, healthcare and food, has appointed Kristie Goodman, an institutional investment and marketing expert with over 16 years of experience i the alternative investment space, to the  newly-created position of Director of Investor Relations & Strategic Partnerships.Goodman will lead and manage ICV’s global investor relations function from the firm’s Atlanta office.   “We are very pleased to welcome Kristie as an important member of our leadership team in this new role,” says ICV President and Managing Director Willie Woods. “Kristie possesses proven talent and a
Inflexion is to sells Bollington Wilson, an independent UKinsurance brokers, to US listed Arthur J Gallagher.Bollington Wilson was created in 2017 with the support of Inflexion following the merger of two long- standing North-West insurance brokers, Bollington Insurance Brokers and F Wilson Insurance Brokers. The Group has since grown organically and via strategic acquisition and is now the largest independent broker in the North of England, operating across seven offices and employing more than 400 people. It provides its clients with a holistic product offering complemented by several niche market specialisms and operates across a range of distribution channels, leveraging
Interface Security Systems, a managed service provider delivering business security, managed network, UCaaS, and business intelligence solutions to distributed enterprises, has completed a USD60 million equity financing transaction led by its current sponsors SunTx Capital Partners and Prudential Capital Partners.The additional equity capital will help facilitate the company’s growth strategy and strengthen its industry-leading capabilities, featuring highly differentiated managed services. This new capital comes in the wake of a highly productive 2020 where Interface has:   • Made significant investments in innovation, product development, and new technology infrastructure • Scaled operations and expanded service offering to a broader range of
The private equity industry has a unique opportunity to accelerate the UK’s economic recovery in the coming decade and contribute to the government’s levelling up agenda, according to LDC, the UK’s leading mid-market investment firm. Speaking as LDC provided an annual summary of its performance, its newly appointed Chief Executive, Toby Rougier, said that supporting the growth ambitions of the UK’s small and mid-sized companies “in every corner of the UK” would remain its “primary purpose”.   Rougier, who joined as Chief Executive earlier this month, also re-affirmed LDC’s commitment to invest GBP1.2 billlion of equity over the next three years.
LSP, a European life sciences investor, has launched the LSP Dementia Fund, a fund dedicated to fight neurodegenerative diseases. The fund will be managed by Professor Philip Scheltens, a world-renowned dementia scientist and thought leader.
Nordic Capital has announced two promotions – Pär Norberg, Head of Investor Relations, has been promoted to Partner following his instrumental role in the successful virtual fundraising of Nordic Capital Fund X, which reached over EUR6 billion in less than six months and closed in September 2020, while Philippe Neuschäfer has been promoted to Partner with a focus on lower mid-market healthcare investments in the DACH region.Following the strong fundraise and high transaction activity in 2020, these two promotions further increase the firm’s capacity and strengthen the position within the key sectors and regions in which Nordic Capital invests, and
Hornetsecurity Group, a European provider of cloud-based email security and data protection headquartered in Germany, is to acquire Altaro, a high-growth international provider of reliable backup solutions. The acquisition will transform the company from being a regional leader in cloud email security to an international cloud security and compliance platform.   Altaro provides cloud back-up software for Microsoft Office 365 and virtual machine (VM) software focused on mid-market and SMEs. Headquartered in Malta with offices in the UK, Germany, France, North Macedonia and the US, Altaro serves over 50,000 customers across more than 120 countries.   This transaction will significantly expand
Silver Oak Services Partners (Silver Oak), a lower-middle market private equity firm focused exclusively on business, healthcare, and consumer services companies, has completed the sale of BBG.Founded in 2009 and headquartered in Dallas, TX, BBG is a national provider of commercial real estate appraisals, environmental and property assessments, and related advisory services. BBG has distinguished itself through its comprehensive set of valuation and assessment solutions, coast-to-coast footprint, and reputation for personal attention and on-time service delivery.    Silver Oak made its original investment in BBG in July 2015. During Silver Oak’s ownership, BBG executed numerous strategic initiatives to strengthen and
Alpine Investors (Alpine), a private equity firm focused on middle-market software and services companies, has made a strategic investment in Innovative Systems (Innovative), a provider of mission-critical enterprise software for the independent telecommunications industry. The partnership will further fuel Innovative’s operations and integrated product lines to elevate customer value and serve the increasing demand for rural telecommunications.   Founded in 1998 by CEO Roger Musick, Innovative Systems serves Telecom, Cable, Municipality, Power and Utility providers nationwide. The Company’s software solutions enable independent service providers to seamlessly manage their businesses, deliver modern network services, and enhance existing offerings. Innovative’s core products include

Special Reports

Featured

Events

16 May, 2024 – 8:30 am

Directory Listings