Latest News
Ridgemont Equity Partners, a middle market private equity investor, has closed an investment in Backstage, a global platform that enables productions, brands, marketing agencies, and businesses to discover and work with creative talent.
Financial terms of the transaction have not been disclosed.
“Ridgemont is focussed on identifying data, information, and marketing services investments with strong growth prospects across many industries,” says Jack Purcell, Partner at Ridgemont. “We are impressed with Backstage’s outstanding leadership team, unparalleled subscriber growth, user engagement, platform traffic, and the vibrant level of activity on each side of its marketplace as content creators of all types
Insight Venture Partners (Insight), a global venture capital and private equity firm based in New York City, has acquired the majority of Israeli Venture Capital Fund’s Genesis Partners IV (Genesis Partners) portfolio.
Dr Eyal Kishon, Eddy Shalev, Jonathan Saacks and Gary Gannot of Genesis Partners will continue to serve on the boards of their respective investments.
“This acquisition signifies Insight’s deep commitment to our existing portfolio in Israel, as well as innovation in the region at large,” says Jeff Horing, Co-Founder and Managing Director, Insight Venture Partners. “Genesis Partners has built a strategic portfolio that has evolved to align
Private equity (PE) funds produced another impressive surge in investment value in 2018, capping the strongest five-year stretch in the industry’s history with USD2.5 trillion in disclosed buyout deal value.
Limited partners (LPs) remained highly enthusiastic and continued to flood the market with fresh capital. For general partners (GPs), putting record amounts of capital to work meant getting comfortable with a certain level of discomfort when investing. They were paying prices they swore they would never pay and looking to capture value that may prove elusive post-close. The most effective GPs stepped up their game to identify targets and sharpen diligence,
James Kinsley, a finance partner in the Maples Group’s legal services team, has relocated to the Singapore office, further strengthening the firm’s service offering in Asia.
Previously based in the Maples Group’s Dubai office for the past five years, Kinsley has experience in international capital markets and finance transactions across Asia, Europe and the Middle East. In particular he advises on structured finance, aircraft finance, fund finance, Islamic finance, general banking and corporate transactions, including private equity co-investment platforms. Kinsley also advises leading financial institutions on complex netting and collateral structures for both conventional and Islamic derivatives. Before joining the
Financial services consulting firm Oyster Consulting (Bermuda) Ltd has appointed Ann Daniels to provide consulting services with an emphasis on AML/CFT and Risk Compliance.
Daniels (pictured) brings more than 15 years of experience in Regulatory Risk and Compliance in the financial services industry. Ann’s compliance and consulting roles with small firms, law firms, investment businesses honed her skills, including the development, implementation and oversight of Compliance programs. Daniels’ experience also includes the development and implementation of AML/CFT risk assessment policies, procedures, and training; automated monitoring systems; risk assessment methodologies; the implementation of standards and a program of oversight compliance professionals.
Symbiont, a financial technology company delivering enterprise blockchain solutions, is partnering with Templum, a technology company for the private markets to deliver smart securities.
Templum will leverage and embed Symbiont’s Assembly as the blockchain and smart contract technology for its regulated, end-to-end solutions for raising capital and secondary trading platform, Templum Markets.
“The technology infrastructure Symbiont has built is best in class,” says Christopher Pallotta (pictured), CEO and Co-Founder of Templum. “Symbiont and Templum share a common vision for modernising private markets. Forging a partnership to combine our innovations in the private markets is a natural next step and
Summa Equity has closed the Summa Equity Fund II at its hard cap with investor commitments of SEK6.5 billion (circa EUR610 million). With Fund I and II, Summa Equity now manages aggregated capital commitments of SEK11 billion (circa EUR1 billion).
Summa Equity was amongst the first Private Equity firms to commit to the UN Sustainable Development Goals (SDGs), aligning its investment and value creation strategy with the SDG framework.
The announcement of Fund II comes three years after inception of the firm, and Fund I closed with commitments of SEK4.7 billion (circa EUR440 million). Fund II will continue to
LBO France has acquired a stake in Moustache Bikes, a company that specialises in designing, assembling and distributing electric bikes.
The private equity firm Initiative & Finance is selling its 55 per cent stake held since 2015, and the company’s founding managers, Emmanuel Antonot and Grégory Sand, who hitherto owned 45 per cent of the capital, are reinvesting significantly.
The company, based in the Vosges and set up in 2011 by these two bike-lovers, has established itself on a recent, fast-growing market. Moustache Bikes has become the leading brand on the premium market in France, while exporting around 40
Palamon Capital Partners’ (Palamon) portfolio company Simplify Group (Simplify) is to acquire My Home Move. The businesses will be combined under the group name Simplify to become one of the largest conveyancing services business in the UK.
My Home Move owners Smedvig Capital will continue to hold a significant minority stake in the business.
Palamon invested in Simplify Group in 2014 on the basis that regulatory changes in the UK legal services market had created a significant opportunity for scale players to form and build market share through the creation of new technology-enhanced conveyancing service delivery. Despite a period of
Varagon Capital Partners (Varagon) is serving as administrative agent on a senior secured credit facility to support the acquisition of Worksoft by Marlin Equity Partners.
Headquartered in Dallas, TX, Worksoft is the industry’s leading continuous robotic test automation platform for enterprise packaged applications, offering a diverse ecosystem of service providers, software integrations, and machine learning solutions to enable true end-to-end, unattended automated testing of mission-critical business applications.
“We are excited to partner with Marlin Equity Partners along with the Worksoft management team to support their growth initiatives,” says Sam Kwon, Managing Director at Varagon.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
