PE Tech Report

Latest News

National Fire & Safety, an end-to-end fire protection and life safety solutions platform and a portfolio company of Highview Capital (Highview), has acquired Element Fire Protection (Element), a fire safety service and inspection provider headquartered in the greater Phoenix area.
Finance Durham Fund, which was established by Durham County Council and overseen by Business Durham, has today announced the investment of GBP750,000 in Growth Capital Ventures (GCV). The investment through Finance Durham, managed by Maven Capital Partners (Maven), will support GCV’s growth plans as it seeks to further develop its three main business units G-Labs, G-Ventures and Quva, as well as move premises to larger offices within County Durham.  Launched in 2015, GCV is an FCA authorised fintech firm that helps investors build a diversified investment portfolio and supports entrepreneurs with raising capital to launch and scale high-growth businesses. G-Labs, GCV’s
San Francisco Equity Partners (SFEP), a private equity firm focused on growth-oriented companies in the consumer sector, has made a USD20 million strategic investment into BrüMate, a direct-to-consumer (D2C) provider of insulated drinkware for adult beverages.Founded in 2016 by Dylan Jacob, BrüMate has built a cult-like following of its growing line of insulated drinkware for adult beverages, including wine tumblers, wine canteens, can and bottle coolers, barware, and most recently coolers. BrüMate is continually enhancing the perfect drinking experience for consumers through its innovative products. The company was recently named No14 on Inc. Magazine’s 2020 “Inc 5,000” list of the
Murano has launched a new consulting division, Murano Consulting to provide services, including business development and investor marketing, to asset managers and investment firms. 
BGF’s North West team is celebrating a strong run of investment activity after completing three exits and two multimillion-pound deals over the last six months.  Last month, BGF successfully exited a subsidiary of Hobs Group when e-discovery business, Anexsys was acquired by US PE-backed Xact Data Discovery (XDD). BGF invested in Liverpool-headquartered Hobs Group back in 2014. Anexsys revenues grew by 250 per cent in this period, with EBITDA rising from zero to GBP2.5 million at the point of sale.      This deal follows BGF’s exit from vehicle manufacturer Woodall Nicholson in April, which generated a 2.5x return. BGF backed
Osceola Capital, a lower middle-market private equity firm, has partnered with management to recapitalise Industry Services Company (ISC), a provider of industrial maintenance services. Concurrent with the transaction, ISC has completed the acquisition of Guy Nielson Company (GNC) and will combine operations with DG Skouse, a division of ISC.  The consolidated company will be a national provider of industrial and refractory maintenance services, and represents the seventh platform investment for Osceola’s current fund.   Founded in 1964 and headquartered in Mobile, Alabama, Industry Services is a leading provider of industrial maintenance services, including refractory kiln maintenance, mechanical equipment and parts maintenance,
HIG Capital (HIG) has hired Andrew Liau to co-lead its infrastructure team alongside Ed Pallesen. Liau will be based in London, with primary day-to-day responsibility for the infrastructure teams’ activity in Europe, while Pallesen will continue to be based in New York with primary focus on the Americas.    Liau has over 20 years of experience in private equity and investment banking. Before joining HIG, he was a Senior Managing Director in the infrastructure group at Ardian, a leading Paris based private equity firm, where he led a number of successful core plus investments. Prior to Ardian, he was a founding
Pamlico portfolio company HelioCampus, a technology-enabled services company that provides colleges and universities with the decision support services they need to operate more strategically and sustainably, has acquired ABC Insights, a higher education benchmarking consortium that helps its members better understand their administrative spend levels and compare to peer institutions to direct and shape financial decision making. The acquisition bolsters HelioCampus’ ability to help higher education improve institutional health across academic and administrative functions with benchmarking, data analytics and decision support.  “In addition to sharing similar campus origins at the University System of Maryland and the University of North Carolina at
Deal-making
Private equity (PE) firms raise and invest billions of dollars. These organisations also spend millions with law firms to protect their business and investments. 
Scales
By Michael Gull, Executive Director, Business Development, MUFG Investor Services – As the Coronavirus pandemic continues to cut through our lives, the urgency of robust public assistance for businesses remains a matter of vital economic importance. And yet, since the earliest days of the crisis, certain critics have taken exception to the role of private equity in the recovery.  Much outrage has been directed at a perceived conflict between private investment firms who hold large quantities of dry powder (unused capital) and petitions to include their portfolio companies in public business stimulus packages such as the Paycheck Protection Program. Some

Special Reports

Featured

Events

16 May, 2024 – 8:30 am

Directory Listings