Latest News
OpenGate Capital, a global private equity firm, has completed the acquisition of the ScioTeq and TREALITY Simulation Visual Systems (TREALITY) businesses from TransDigm Group Incorporated. Terms of the acquisition have not been disclosed.
ScioTeq and TREALITY develop and manufacture advanced visualisation solutions including ruggedised displays and simulation systems to serve a diversified, customer base across avionics, aerospace, air traffic control, and security end markets. Combined, the businesses have approximately 450 employees and operate primarily in Belgium and the United States with a global customer base. TransDigm Group divested the businesses to realign their core business strategy.
OpenGate Capital’s Partner and
Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, has completed the sale of Vetio Animal Health (Vetio), a leading Animal Health Contract Development Manufacturing Organization (CDMO) in North America, to Swedencare AB. Vetio specialises in complex drug product formulation and manufacturing of veterinary pharmaceutical, supplement, and dermatology products. TSCP was advised by Sidley Austin and Stifel.
During its ownership of Vetio, TSCP supported the Company’s growth by expanding its manufacturing capabilities to meet the specific needs of animal health companies, including opening new manufacturing facilities in Montreal, Canada and Florida, rebranding the business, and acquiring
Micross Components (Micross), a provider of high-reliability microelectronic product and service solutions for aerospace, defence, space, medical and industrial applications and a portfolio company of Behrman Capital, announced the acquisition of Semi Dice, LLC (Semi Dice), a global provider of high-reliability die & wafer products and value-added services. Financial terms of the transaction have not been disclosed.
Through its operating locations in Los Alamitos, CA and Norwich, UK, Semi Dice has focused on meeting the demanding needs of bare die users in the microelectronics industry through its services, which include distribution, die plating, pick and place, visual inspection, and wafer
By Fred Lee, Revelation Partners – Transactions led by GPs, including GP-led restructurings, are used as a tool for efficient fund management, benefiting both GPs and LPs. The volume of GP-led transactions has grown alongside volume in the broader secondary market. In 2020, GP-led deals accounted for USD26 billion of deal volume – more than 40 percent of total secondary activity.
There are several motivations for a GP-led fund restructuring. Most commonly, GPs seek to extend the fund’s life to manage the assets beyond the originally prescribed term and maximise the value of remaining fund assets. Restructurings may also provide access
By A Paris – The shock of the Covid-19 pandemic led to a significant increase in GP-led deals across the private equity secondary market as managers sought to provide investors with liquidity as funds expired.
In Q2 2020, the market was hit by Covid-19 and there was a shock effect with many deals being put on hold, volumes falling around 50 percent and secondary prices dropping 15-20 percent. This was followed by a strong rebound in late 2020, driven mainly by GP-led deals (catch-up effect, liquidity need for tail-end assets / funds and in general alternative funding / portfolio support solutions),” says
Three of space tech investor Seraphim Space’s portfolio companies – D-Orbit, Spire and Iceye – have successfully launched assets into orbit onboard the SpaceX Falcon 9 rocket.
The satellites that all three have deployed in space can fundamentally help address pressing climate change issues such as disaster relief, natural habitat destruction, energy usage and predicting extreme weather events.
Spire Global added six further LEMUR satellites to their constellation of over 100 shoe box sized, multi-purpose satellites that track every plane and ship whilst also collecting proprietary high fidelity weather data. Spire is helping the world mitigate ever-increasing climate change
Investec Fund Solutions has hired six new people as it continues to build its presence in NAV, secondary financing and fund hedging. This brings the UK Fund Solutions team to 26 professionals, demonstrating Investec’s commitment to helping fund managers seize opportunities as they arise.
Olivia Blundell joins from Rabobank, with experience in leverage and structured finance, whilst Nicola Rodrigues joins from Eight Advisory, where she advised PE clients on transactional due diligence.
These follow the recent hires of Hannah Lynskey and Victor Ovenshei, who joined the team earlier in 2021 to focus on deal execution, as Investec rapidly expands
Gresham House, a specialist alternative asset manager, has invested GBP63 million into full-stack UK internet service provider Telcom Group through its British Strategic Investment Fund (BSIF).
The commitment will enable Manchester-based Telcom Group to accelerate its delivery of ultrafast and reliable fibre connectivity to commercial and residential properties across the UK, underpinned by its own network infrastructure. Outside Manchester, the group’s focus will be on building fibre networks in key Northern and Midlands powerhouse cities.
BSIF was established to invest specifically in the sustainable infrastructure and housing sectors, both identified by the UK government as structurally important areas requiring
Fremman Capital (Fremman) has acquired a majority stake in The Natural Fruit Company (TNFC)and GPF Capital alongside existing shareholders.
The company is a European specialist in the processing, distribution and commercialisation of citrus fruits including lemons, oranges, tangerines, pomegranates, and persimmons. This acquisition has a strong alignment with Fremman’s approach to ESG, where TNFC is a leader in organic varieties, limited processing and practices a zero-waste approach.
The Group, headquartered in Spain, is the resulting combination of three family businesses, which has helped to consolidate the company’s position as a leading international citrus player, being No1 lemon and NO2 orange
Specialist M&A advisory firm Ciesco has confirmed that Chip[s] Board, which develops bioplastics from food waste, has completed fundraising to support the next stage of its development.
Chip[s] Board will use the funds to relocate staff and laboratories to Yorkshire, a central region for the supply of raw materials, and build a pilot plant to demonstrate production at scale.
The company uses proprietary technology processes to develop bioplastics and bioplastic composites, initially from industrial food waste, such as potato waste. These match the performance of conventional plastics whilst being both biodegradable and recyclable post-use.
Rowan Minkley, CEO of Chip[s] Board,
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
