PE Tech Report

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Landmark Information – a provider of information to the UK’s property market – has has acquired the Environmental, Social and Governance (ESG) due diligence platform, RiskHorizon, from global sustainability consultancy Anthesis Group.   The platform delivers valuable global insights to a broad group of asset owners and managers, from private equity and investment houses to corporates and their lawyers. It provides a comprehensive and actionable ESG due diligence screen of their global corporate acquisition(s) or investments across the world. It also enables the effective management of ESG within an existing business, newly acquired assets and supply chains.   RiskHorizon helps deal makers
Sherpa Capital, an Iberian private equity fund manager specialising in medium-sized companies, has appointed Isaac Lahuerta as an Investment Director in the firm’s special situations team.Lahuerta joins Sherpa Capital after working for more than two-and-a-half years as a Principal at private equity firm BTC, where he made debt and equity investments in companies in special situations.   Before that, he served as an investment analyst in London for global investment firm Avenue Capital Group, which specialises in distressed investments.   With more than five years of investment experience in special situations, Lahuerta started his professional career in Deutsche Bank in
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Kris Ring, debt finance equity partner at Goodwin Procter in Santa Monica, on the relationship between PE firms and direct lenders during the pandemic, the ways this downturn has been different to previous downturns, how the upcoming election will impact business in the US, and what a potentially contested election result could mean for market volatility.
Aurelius Equity Opportunities SE & Co has agreed to acquire GKN Wheels & Structures from GKN. The transaction is expected to complete in November and is conditional on receiving anti-trust approval.GKN Wheels & Structures is a manufacturer of off-road wheels and an engineering solutions provider. The company employs c900 people worldwide with four manufacturing facilities in the UK, USA and Denmark in addition to test centres in Italy and the USA. In 2019, GKN Wheels & Structures generated global sales of over GBP170 million, demonstrating the company’s eminent position as a market leading supplier to the global agricultural, construction, automotive,
Gen II Fund Services (Gen II), an independent private equity fund administrator, has appointed Robert Caporale as Head of Strategic Business Development. Caporale, a fund administration and alternative investments executive, will focus on developing strategic client partnerships and acquisition opportunities.Most recently, Caporale was CEO of Exchangelodge, a software company that provides mission critical data solutions to the alternative investment industry. Prior to Exchangelodge, he spent 12 years at JPMorgan where he held various senior positions within the Securities and Fund Services business, including Head of US Sales, Head of Alternative Investment Services, CEO and Founder of Private Equity Fund Services,
Vast Broadband (Vast), a provider of gigabit-speed broadband, video, and phone in South Dakota and Minnesota, is to be acquired by GI Partners, a US-based investor in data infrastructure businesses, in partnership with industry veteran Rich Fish. GI Partners will support the company and its employees to continue providing world-class service to communities throughout the region.   “Vast is committed to providing its customers with access to the most reliable, high-speed broadband connectivity available,” says Fish, incoming CEO of Vast Broadband. “As a native of the Great Plains, I am thrilled to partner with the local employees at Vast to bring
Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, is to acquire Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health for USD575 million. For over 45 years, Nutrisystem’s clinically proven plans have helped millions of people lose weight safely and effectively. Nutrisystem provides a balanced and clinically proven approach to weight loss with portion-controlled foods specifically designed to meet consumer needs that are conveniently delivered directly to customers’ doors. The Company’s portfolio of entrées, snacks, and shakes is complemented by various live counselling options, including trained weight loss coaches, registered dietitians and certified
Funds managed by CapVest Partners (CapVest), an international private equity firm, have agreed to acquire Datasite Global Corporation (Datasite), a global Software-as-a-Service (SaaS) provider across the deal lifecycle.
Sustainable investments specialist Earth Capital has extended equity ownership of the business and reshaped its European investment team as demand for impact investment soars, driven principally by increasing concerns about climate change.Stephen Lansdown and Gordon Power, co-founders of Earth Capital, have invited the senior team of Phil Culver Evans (CFO), Richard Burrett (CSO) and Neil Brown (CRO) to all become shareholders, whilst remaining majority owners themselves.    Earth Capital, which invests globally in the development and deployment of clean sustainable technology, has also increased its investment in Earth Capital Europe (previously known as Si Capital), majority owned by Sebastian Waldburg
Prometheus Group, a global provider of asset management operations and optimisation software, has acquired Utopia Global, a data solutions company known for its end-to-end data quality, data migration and data governance solutions.Utopia Global (Utopia) was co-founded in 2003 by Arvind J Singh (CEO) and Narinder J Singh (COO). The company is a specialist in enterprise data management software solutions and services that enable organisations to analyse, correct, enrich, and govern their data.   Many of Utopia’s software offerings are listed on the SAP price list and sold by SAP globally as Solution Extensions to their master data governance solutions, including the

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