Latest News
Cleantech company Black Bear has secured an additional EUR5 million from Capricorn Venture Partners and Particon, who join an earlier EUR11 million growth financing round.
Using this growth capital, Black Bear aims to scale up its “Tire to Carbon Black” technology, a carbonisation process used to transform tires into recovered Carbon Black for use in the production of tires, technical rubber, coatings, plastics and inks.
Black Bear operates an industrial-scale prototype plant in partnership with Kargro, one of Europe’s foremost recyclers of tires. The plant, located in Nederweert, the Netherlands, is capable of processing more than one million tires
Neuberger Berman, a private, independent, employee-owned investment manager, has appointed Leen Meijaard, former Blackrock executive, as a senior advisor, effective 1 November.
Leen (pictured), will act as a consultant, advising on the Europe and Middle East institutional business, working with Dik van Lomwel, head of EMEA and LatAm.
Leen was a member of Blackrock’s EMEA executive committee for nearly a decade and held managing director roles at the firm, including most recently head of Blackrock EMEA iShares and previously head of Blackrock EMEA Institutional. Before joining Blackrock in 2002 he worked for Fidelity and Robeco.
Dik van Lomwel,
Gen Cap America, a private equity firm focussed on lower middle market buyouts, has sold CPS Distributors (CPS) to an undisclosed buyer.
Terms of the transaction have not been disclosed.
CPS was founded in 1890 and is the largest wholesale distributor of professional pump, irrigation and landscape supplies in the Rocky Mountain Region. Customers include contractors for commercial facilities and municipalities, as well as landscape, residential and maintenance contractors. Gen Cap America acquired CPS in October 2012 when partnering with management to buyout the previous owner.
Matt Lane, Managing Director at Gen Cap America, says: “The CPS team and
Foresight Group (Foresight) has made a GBP1.5 million growth capital investment into Inovo Robotics Limited (Inovo) on behalf of the Foresight Williams Technology EIS Fund.
Inovo is developing a low-cost collaborative robot (cobot) that can integrate into existing workforce processes. Inovo’s modular design means the cobot can be easily adapted to varying customer requirements.
Henry Wood and Jonathan Cheung, previously senior engineers at Northrop Grumman, founded Inovo in 2016. Both founders possess deep technical expertise and experience of delivering complex engineering development projects and, between them, they have more than 30 years of combined experience in robotics and engineering.
DWS has appointed Thomas Kalthöfer as Investment Director within its global infrastructure investment business.
Based in London, Kalthöfer will join the Pan European Infrastructure (PEIF) investment team which currently manages PEIF II, a closed-end fund focusing on unlisted European infrastructure investments that closed in 2017 with EUR 2.5 billion available to invest. It was the follow-on product to PEIF I which closed in 2007.
The appointment of Kalthöfer comes as DWS continues to invest in its infrastructure business, having made a total of nine appointments over the past 12 months. Kalthöfer is a seasoned infrastructure professional who has worked
An incubator designed to help fledgling companies grow and thrive in County Durham has been launched at one of the region’s fastest growing business hubs.
Durham City Incubator, based at Salvus House, in Aykley Heads, Durham, will be open to businesses that have been trading for under 12 months and are based in County Durham. Companies will be able to tap into six months of intensive support designed to ensure they are ready for the next stage of growth, with training and advice ranging from financing and marketing to legal issues and business strategy and much more.
The incubator is
CVC Credit Partners has acted as Administrative Agent on a first lien senior secured credit facility provided to Industrial Physics.
The company used the proceeds at close to finance an acquisition and refinance existing debt, whilst the credit facility can also be utilised to finance the company’s growth through future acquisitions in the US and Europe.
Formed in 2014 by Union Park Capital, Industrial Physics designs, manufactures, and distributes test and measurement instruments for quality assurance of packaging materials. These instruments are critical to maintaining customer quality control procedures and are used throughout the value chain. The Company has offices
ARQIS has advised Alloheim Senioren-Residenzen SE on the acquisition of the Cologne-based CMS Unternehmensgruppe.
The takeover is subject to approval of the antitrust authorities. After the transaction’s closing, which is expected to be carried out by the end of the year, Alloheim will combine about 21,000 care beds and apartments for assisted living under one umbrella.
CMS operates 23 nursing homes with about 2,000 care beds, an outpatient nursing service, day care services, and about 300 apartments for assisted living. Since its foundation in 1990 by Klaus Rosenthal, CMS has constantly expanded its regional presence and today has operations
Private equity company HIG Capital’s (HIG) portfolio company AVI-SPL has acquired Interactive Solutions (ISI).
AVI-SPL is the global leader in enterprise grade audio visual and videoconferencing (AV/VC) systems integration and unified communications (UC) solutions. ISI’s leading position in the Southeastern US will enhance and expand AVI-SPL’s ability to service its customers in the fast growing region.
Headquartered in Memphis, Tennessee, ISI provides AV/VC and UC services through its Memphis and Nashville locations to leading corporate, higher education, healthcare, and government customers. Founded in 1996, ISI has exhibited robust growth driven by continuous innovation and a “customer first” culture. The
Private equity investor Maven Capital Partners (Maven) has promoted five senior staff to partnership positions. The newly promoted partners are Colin Anderson (Property), Suzanne Lupton (Co-investment), Ewan McKinnon (Private Equity), David Milroy (Private Equity) and Andrew Whiteley (Property).
Colin Anderson joined Maven in 2014 after 11 years in various Corporate Banking and Real Estate Finance roles with The Royal Bank of Scotland. A chartered accountant, Colin has been instrumental in growing the Maven property business from five assets in 2009 and GBP41 million Gross Development Value (GDV), to 23 assets and GBP295 million GDV prior to recent exits this year.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
