Latest News
An affiliate of One Rock Capital Partners (One Rock) is to acquire the Engineered Components & Systems (EC&S) segment (excluding Cortland US) from Actuant Corporation (Actuant). The transaction is expected to close during the fourth quarter of 2019.
Headquartered in Menomonee Falls, Wisconsin, Engineered Components & Systems is a global company serving the agriculture, specialty and commercial vehicle, construction and other industrial end-markets with motion, actuation and control solutions. EC&S primarily serves on and off-highway OEMs with highly engineered system-critical motion, actuation and control solutions under brands that include CrossControl, Maximatecc, Elliott Manufacturing, Gits Manufacturing, Power-Packer and Weasler Engineering. The
MidOcean Partners (MidOcean), a New York-based alternative asset manager that specialises in middle market private equity and alternative credit investments, has appointed Dana Carey as Chief Investment Officer (CIO).
Previously, Carey spent six years at Apollo Global Management where he served as Partner in Credit and Global Co-Head of the Performing Credit business.
“Dana brings a wealth of credit investing experience to MidOcean,” says Ted Virtue, CEO of MidOcean. “We are thrilled to add Dana’s talent to the leadership of MidOcean Credit Partners, complementing the senior team around which we have built our business since its launch in 2009.”
Global Jet Capital, a specialist in financial solutions for business aircraft, has appointed Stefan Abbruzzese as Chief Commercial Officer. As head of the worldwide originations team, Abbruzzese will lead market facing activities focused on the development of new business.
Dave Labrozzi has been appointed to the role of Vice Chairman at Global Jet Capital. In this new role, he will provide broad support for the business with a focus on strengthening the originations team across all channels and geographies, including reinforcing key long-term strategic relationships with industry partners, the OEMs, and existing and prospective clients.
Abbruzzese joins Global Jet
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial technology and software industries, has completed the previously announced acquisition of Advarra, a provider of compliance solutions that are critical to the drug development process, from Linden Capital Partners.
Advarra is a leading provider of institutional review board (IRB), institutional biosafety committee (IBC) and research quality and compliance services, which are mandated by regulatory agencies for all trial protocols, patient forms, site initiations and trial modifications.
The Company serves leading pharmaceutical, biotechnology, medical device and contract research organisations (CROs), as well as academic
Private investment firm Clearlake Capital Group and existing investor TA Associates are to make a strategic growth investment inDigiCert, a provider of TLS/SSL, PKI and IoT security solutions for identity and encryption.
As a part of the transaction, Clearlake and TA will become equal partners in DigiCert. The company will continue to be led by CEO John Merrill and the current management team, who are investing alongside Clearlake and TA in the transaction. Terms of the transaction are not being disclosed.
DigiCert provides certificate management platforms and industry-best customer support in multiple languages through a diverse staff, with offices located
CVC Capital Partners (CVC), the majority shareholder in appliance care specialist Domestic & General (D&G) is to sell a 30 per cent stake in the business to Luxinva, an entity ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
CVC will continue as D&G’s majority shareholder via CVC Capital Partners Fund VII. The acquisition is expected to close by the end of 2019, subject to customary regulatory clearances.
D&G’s appliance care plans protect individuals and families against the unexpected costs of appliance repairs and replacements. With a presence in 11 countries across Europe and Australia, D&G protects approximately 23
By Northern Trust – With Regulation Best Interest in the rearview mirror, the SEC is poised to finalise rules governing fund of fund arrangements.
Following the adoption of the long-delayed final Regulation Best Interest in June, what’s next for the US Securities and Exchange Commission (SEC)?
It’s likely that finalising the proposed rule on Fund of Funds Arrangements (the Proposal) is at the top of the list. Since the SEC released the Proposal late in 2018 and requested public comment, more than 100 comment letters have been posted and SEC officials have met with a variety of industry representatives.
Fashion software company Unmade has closed a new funding round of GBP4.75 million led by Octopus Ventures, with additional funds coming from MMC Ventures, Felix Capital and existing investors.
The financing will be used to fund Unmade’s continued global expansion and development of its technology, as well as improvements in serving existing customers. Unmade plans to grow its team both in Europe and the US.
Unmade has seen considerable growth this year with new customers and the expansion of its London based team. Since the last investment round, Unmade’s technology has developed to offer print customisation alongside its knitwear solution
Prospect Hill Growth Partners (Prospect Hill) has closed Prospect Hill Growth Fund II with total commitments of USD380 million exceeding the USD300 million target and the prior Prospect Hill fund.
Investors committed to Prospect Hill’s new fund include public and corporate pension funds, insurance companies, financial institutions and family offices, and are represented across major global investor markets with 54 per cent from the US, 31 per cent from Canada, and 15 per cent from Europe.
PHG II expects to make control equity investments of between USD25 million and USD100 million in North-American consumer and healthcare growth companies. Prospect Hill
Growth equity firm Frontier Capital (Frontier) has made a significant equity investment in Chicago-based GovQA, a leading provider of government enterprise workflow software.
The investment from Frontier is intended to support GovQA’s rollout of its Exchange Workflow Platform to government agencies across the country.
For the last seven years, John Dilenschneider, CEO, has grown GovQA’s Exchange Workflow Platform to handle high-volume workflow processes for almost 700 of the largest cities, counties, and state agencies. Governments use its secure SaaS-based platform to process a variety of work streams for open records, interagency, subpoena, correspondence, and other complex workflow and case
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
