Latest News
Orion Innovation (Orion), a global business and technology services firm that provides digital transformation and product development services, has acquired Zodiac Systems (Zodiac), a New York-based video service delivery software company. Zodiac provides advanced cloud and device software and engineering services for Tier 1 media and telecom operators globally.
Zodiac brings deep video knowhow and its software adds significant proprietary Intellectual Property (IP) to Orion’s growing telecommunications and media capabilities. Zodiac’s Matrix video API management cloud integration platform enables operators to seamlessly orchestrate service-by-service upgrades and migrations from legacy delivery permutations to today’s OTT video IP back-office delivery platforms. In addition, Zodiac’s Stack device software enables OTT
As anti-racism protests are spreading with force across the US and Europe, the business world has begun responding. Private Equity Wire sat down with Anand Prasanna, managing partner of Indian VC firm Iron Pillar, which recently partnered with Nitya Capital to invest in large outcome tech companies from India, to discuss if tech can have an effect on politics, the role of impact investing, and why VCs have been slower than the big private equity groups in adopting ESG policies…
Some of the most active professionals in the private equity industry shared their views on current market conditions, the deal making climate, and the operational challenges and possibilities brought on by the Covid-19 crisis, during the recent Private Equity Wire digital summit, PEWlive North America, which took place from 2-4 June. Here we share some of the findings from the live polls that were held throughout the three-day event…
Adapting to change is challenging at the best of times, but when the pace of change accelerates, it can disorient even the savviest investors. Long accustomed to gauging opportunities in the context of cycles, real estate investors now face a series of bewildering structural changes that will fundamentally transform how they operate in the future.
FPE Capital’s portfolio company TNP, a UK Microsoft Dynamics NAV and Business Central service provider, has acquired UK NAV focused assets from the administration of K3 Business Technology Groups’ Microsoft Dynamics business unit.
Acacia Research Corporation, a publicly-traded investor in absolute return assets, has entered into an agreement with Link Fund Solutions Limited (LFS) to purchase shares in up to 19 public and private life sciences companies from LF Equity Income Fund (the “Fund”) for a total consideration of up to GBP223.9 million. The acquisition of the private companies is subject to the waiver or completion of customary pre-emption processes of such companies.
Clifford Press, Chief Executive Officer, says: “This transaction is representative of the exceptional capabilities of Acacia’s transactional team with the financial and structuring support of our strategic partnership with Starboard Value
Last year’s surge in private-equity backed public-to-private (P2P) takeovers looks set to accelerate after lockdown, according to a new report from Addleshaw Goddard. Research by the corporate law firm suggests the effects of coronavirus will exacerbate the reasons behind the recent increase in P2Ps – leading to even more in the second half of 2020
To P2P or not P2P: Private Equity and Public Takeovers in the Aftermath of Covid-19, released today, has been compiled from a survey of leading mid-market UK private equity firms and their corporate finance advisers. It looks at the reasons for the 2019 resurgence in take-private
Private equity General Partners should be as transparent and communicative as possible on the potential impact of Covid-19 on their portfolios, highlighting their ability to protect capital and add value through sustained economic turmoil, according to a new investor survey by Cebile Capital. The report reveals that delays in fundraising are very common (80 per cent of LPs have experienced them), so GPs need to listen to the needs of their investors and not be afraid to delay raising a new fund.
In addition, deployment pace has slowed, due to a more selective approach to new allocations and increased scrutiny in
Petra Capital Partners, based in Nashville, has completed fundraising on Petra Growth Fund IV (PGF IV) with USD208 million of capital available to invest. The fund targets healthcare, business, and technology-enabled services companies and is structured as a small business investment company (SBIC) licensed by the US Small Business Administration.
“We are very pleased with the response from our existing investors and several important new investors for PGF IV and the strong support we received from the SBIC program,” says Mike Blackburn, Managing Partner at Petra.
The fund has already closed on two new investments. In late 2019, the fund
Growth equity firm Edison Partners has sold portfolio company Zagster, a shared micromobility and fleet operations management company, to Superpedestrian, a Boston-based mobility engineering and technology company founded by urban transport experts from MIT.
Edison Partners also announced leading a new USD15 million investment in Superpedestrian, joined by existing investors Spark Capital and General Catalyst. The new growth capital adds to the USD20 million in financing announced by Superpedestrian in November 2019 to support the rollout of its scooter fleet.
“The combination of Superpedestrian with Zagster creates the first fully integrated micromobility company. One that includes product, manufacturing
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
