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Ironwood Capital has exited its investment in Pete & Pete Container Services, Inc and Boyas Excavating Inc (Pete & Pete/Boyas), the largest privately-held integrated waste management company in the Cleveland, Ohio region.
“Ironwood partnered with Pete & Pete in 2019 in connection with its acquisition of Boyas, the largest privately held C&D landfill in northeast Ohio, and the combined business has expanded dramatically since, even amid Covid,” says Dickson Suit, partner and head of the Environmental Services group at Ironwood Capital. “Pete and Lisa, the principals, and their team, have done an absolutely amazing job executing the strategic plan and
This Private Equity Wire webinar, produced in association with AssetMetrix, examines emerging trends in the field of data analytics, the various ways that managers are actively using analytical tools, and the best practices GPs need to consider, as they look to introduce more analytical firepower to their firms.
Varagon Capital Partners, LP (Varagon) has announced it is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support the rapid growth of Paradigm Oral Surgery (Paradigm), a portfolio company of InTandem Capital Partners (InTandem).
TwinRiver is focused on serving a new generation of private, public and philanthropic investors looking to make a positive difference with their capital. The TwinRiver platform will provide those investors with opportunities to achieve tangible social and environmental impacts alongside financial returns – the “twin rivers” of a future financial system.
The launch of TwinRiver is timely. A heightened sense of urgency about tackling multiple global challenges is driving investor interest, and impact investing is moving into the financial mainstream. TwinRiver will source investment opportunities in critical areas such as health, environment, and economic inclusion. Within those broad areas is
Rural businesses, which are so vital for transforming our food systems, will get a much-needed boost from an ambitious new financing programme launched today by the UN’s International Fund for Agricultural Development (IFAD), as part of its broader efforts to address rising hunger and poverty levels in the world’s poorest countries.
The Private Sector Financing Programme (PSFP) aims to spearhead an increase in much-needed private investment in small and medium-sized enterprises (SMEs), farmers’ organisations and financial intermediaries servicing small-scale farmers, which are too often neglected by investors. It will provide loans, risk management instruments (such as guarantees), and equity investments.
Dopavision, a company pioneering the development of digital therapeutics, has closed a EUR12 million Series A financing round. Seventure Partners led the round and was joined by Novartis Pharmaceuticals and the Company’s existing shareholders such as Boehringer Ingelheim Venture Fund and Ababax Health, significantly broadening the Company’s shareholder base of leading international life science investors.
Myopia is recognised as a public health concern and is the leading cause of correctable visual impairment, expected to reach a global prevalence of 50 per cent by 2050. The condition manifests as blurring of distant objects due to image focusing in front of the
The Life+ Collective is on a mission to bring consumer-tech founders together, and to provide a pathway into the b2c industry for entrepreneurs from under-represented backgrounds. The Life+ team is keen to ensure ‘happiness’ is baked-in to consumer-facing startups at the outset.
Using funding from Isomer Capital, Life+ has announced a new grant programme. The Life+ Collective grant programme will offer grants of up to GBP20,000 to seven founding teams at pre-seed and seed stage. It is equity free money, to be used to help the business experiment and drive forward progress. In addition to cash, Life+ will offer three
Suntera Global has maintained momentum in its growing international funds business with the appointment of Ryan Taylor as Head of Funds for Jersey.
Taylor will play a pivotal role in establishing the firm’s funds business in Jersey, with overall responsibility for developing and managing the new fund administration team in the jurisdiction and growing its client base. Working closely with funds heads in other jurisdictions, Taylor will be focused on maximising Suntera Global’s multi-jurisdictional offering through Jersey to meet fund manager and investor needs.
His appointment comes shortly after Suntera Global was granted a licence by the Jersey Financial Services
CIL Management Consultants has promoted 22 of its client-facing staff, across both its UK and US offices.
The move follows a year of rapid growth for the firm, having experienced an almost 40 per cent year-on-year rise in the number of engagements served.
Mike Hallett has been promoted to Associate Director within CIL’s technology practice, having joined the firm in 2014. He has demonstrated deep expertise across the technology sector, with recent clients including managed and cloud service providers, software vendors (HCM, ERP, CRM, security), digital transformation consultancies, retail tech providers, contact centre providers, internet service providers, security vendors and data
A business that is aiming to transform the food allergy diagnostics market has secured GBP2.9 million investment in a funding round led by Praetura Ventures with follow-on equity investment from the Development Bank of Wales.
Reacta Biotech (Reacta), which is based in Deeside, North Wales, produces clinical diagnostics kits for food allergy testing. The business improves the efficiency, accuracy and safety of food allergy testing by producing pharmaceutical grade Oral Food Challenges (OFCs), the gold standard test for diagnosing food allergies.
In the latest funding round, GBP1.5 million came from Manchester-based Praetura Ventures, the venture capital fund manager that
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