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Addleshaw Goddard has advised artificial intelligence cardiovascular disease specialist GEN inCode UK Limited, on its GBP3 million institutional foundation fundraise from Maven Capital Partners and Downing LLP.
GCM Grosvenor, a global alternative asset management firm, has appointed Pamela Bentley as Managing Director of Finance effective October. She will then assume the role of Chief Financial Officer effective 1 January, 2021.  Bentley will be responsible for managing the financial functions of the firm including overseeing activities related to corporate and fund accounting, treasury and cash management, financial planning and reporting, tax, and operational due diligence while also playing a vital role in GCM Grosvenor’s strategic initiatives. She will report to Jon Levin, President of GCM Grosvenor.  MBentley brings more than 25 years of financial and accounting experience to
Evli’s alternative investments team will gain more expertise during the autumn when Ville Toivakainen (MSc (Econ), CFA) joins the portfolio managers.  Toivakainen has almost 20 years of experience in alternative investments from, among others, OP Financial Group and RAM Partners. Prior to joining Evli, Toivakainen worked at Aktia Asset Management and was responsible for alternative investments, focusing on private debt investments. At Evli, Toivakainen’s focus will be the launch of a new private debt fund. “Private debt is debt financing for companies. Debt instruments are illiquid and, unlike, for example, listed shares or bonds, do not have a broad ownership
Verdane, a Northern European specialist growth investor, has appointed Giles Whiting as US Operating Adviser.  Whiting’s new part-time role will run in parallel to his full-time position as COO at Confirmit, a Verdane-owned customer experience platform. At Verdane, he will assist and advise portfolio companies on US market entry, recruitment, and market-specific business development efforts. Whiting will further assist Verdane in conjunction with M&A and other investment-related activities in the US, and assume board roles in a number of Verdane portfolio companies. “With over 20 holdings operating in the US, we are pleased to welcome Giles onboard to further accelerate
Thoma Bravo has completed its acquisition of Foundation Software, a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors. Foundation Software’s suite of pioneering solutions for the construction industry and dedication to excellent service have allowed the company to consistently grow market share and maintain a resilient customer base. Foundation Software is expected to leverage Thoma Bravo’s capital and expertise in enterprise software solutions to continue growth and pursue further innovation across the company’s platform. “Fred and I couldn’t be more excited to chart this next phase in our company’s journey with such a
Francisco Partners and Evergreen Coast Capital (Evergreen), the private equity affiliate of Elliott Management Corporation (Elliott), have completed their acquisition of cloud services provider LogMeIn in a transaction valued at an aggregate equity valuation of approximately USD4.3 billion.  Founded in 2003, LogMeIn is a pioneer in remote work technologies and the maker of market-defining products like LastPass, GoToConnect, GoToMeeting, GoToMyPC, Rescue and its namesake LogMeIn remote access and remote management products.  Today, the company’s comprehensive work-from-anywhere portfolio makes LogMeIn a preferred and trusted partner for helping millions of customers connect and collaborate from anywhere; support employees and customers from anywhere;
Affiliates of Roark Capital, an Atlanta-based private equity firm focused on investing in multi-location businesses, have invested in US Sports Camps, a US youth sports camp company, serving more than 100,000 campers annually across 1,200-plus camps in 48 states. Founded in 1975 and headquartered in San Rafael, CA, US Sports Camps is the licensed operator of Nike Sports Camps. US Sports Camps’ offering spans 19 different physical sports, Esports, and academic programs for campers ranging from six to 18 years old. The Company partners with leading academic facilities and local coaches to operate exceptional camps, clinics, and programs for kids.
Allegro MicroSystems (Allegro), a specialist in sensing and power semiconductor technology and a portfolio company of One Equity Partners, has acquired Voxtel, a privately held company specialising in advanced photonic and 3D imaging technology including long-range, eye-safe Light Detection and Ranging (LiDAR).  This acquisition brings together Voxtel’s significant laser and imaging expertise with Allegro’s automotive leadership and scale to enable the next generation of Advanced Driver Assistance Systems (ADAS).   Voxtel has been pioneering photonics since 1999, developing cutting-edge solutions for military, space, automotive and surveillance applications. Its ultra-miniature lasers, read-out integrated circuits (ROICs), and near-infrared (NIR) and short-wavelength infrared
IK Investment Partners’ (IK) IK Small Cap II Fund has acquired a majority stake in Forthglade Foods Limited (Forthglade) alongside management. This is the first investment by IK’s newly established UK team.  Financial terms of the transaction have not been disclosed.   Forthglade is a fast-growing UK based natural pet food brand, producing premium wet and dry dog food and treats. The Company was founded in 1971 and has been led by Gerard Lovell and Chris Brooking since their management buyout in 2011 and subsequent investment by Piper in 2015. IK will acquire a majority stake in Forthglade, with the
Clayton, Dubilier & Rice, is to acquire Epicor Software Corporation, a global provider of industry-specific enterprise software to industrial-focused sectors, from global investment firm KKR. The transaction represents an important milestone for Epicor, an enterprise software vendor delivering cloud-enabled services to more than 20,000 customers globally. Epicor’s flagship products are curated to support complex, vertical-specific workflows and provide mission-critical support to customers seeking to drive growth and profitability in their own businesses.  Epicor is an acknowledged leader in the industrial end markets it serves, including manufacturing, distribution, retail, and services categories.   Over the past four years under KKR’s ownership,

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