Latest News
Corviglia Capital Fund, a global fintech growth equity investor, has launched with a target of raising USD500 million in capital commitments.
The fund has been established in Luxembourg by two experienced entrepreneurs and executives – Petr Šmída and Cezary Smorszczewski – who each managed financial institutions valued at USD10 billion. Building its presence in London and Berlin, the fund aims to deploy USD250 million in the first three years, which has already been secured in the fund’s first closing.
“Banking and financial services are entering a period of unprecedented change with the leadership of the best entrepreneurs of today.
Syncron, a provider of cloud-based after-sales service solutions, has secured a USD67 million minority investment from global growth equity firm Summit Partners.
The partnership with Summit Partners will support Syncron’s continued development of its category-leading enterprise SaaS solutions and further expansion of its global operations.
Servitisation – where organisations transition from selling one-off products to selling the output or value that products deliver – is leading manufacturers to evolve their after-sales service operations from reactive, break-fix models focused on repair execution, to a new paradigm focused on dynamic repair prevention and maximising product uptime.
Syncron offers a fully
BB&T Securities has selected CAIS to bolster its range of alternative investment offerings and can now offer access to hedge funds, private equity and debt, real estate and other non-traditional investment strategies to its financial advisers.
“BB&T Securities’s adoption of CAIS demonstrates our platform’s flexibility to serve wealth management firms of all sizes,” says Brad Walker, Managing Director at CAIS. “With a cumulative buying power of USD1 trillion, the CAIS advisor-network remains the platform of choice for alternative investment managers seeking access to the fragmented US wealth management channel.”
CAIS is an open-architecture alternative investment product platform offering wealth
Global investment bank Houlihan Lokey has appointed Jonathan Harrison as a Managing Director in its Business Services Group, based in London.
Harrison brings with him over 20 years of sector coverage and extensive deal experience joining from Robert W. Baird, where over the last decade he has been instrumental in creating and leading a preeminent business services practice in Europe. Prior to Baird, Jonathan led the Business Services investment banking sector activities for Deutsche Bank in EMEA.
“The success and growth of our Business Services Group over the past few years have been driven by bankers with a strong
Murray Devine Valuation Advisors has released its 2018 Q3 Private Equity Valuations Report, showing that during the first nine months of the year, PE firms paid a median valuation multiple of 11.9-times EBITDA for new investments.
The Q3 report, ‘This Train Keeps Rolling,’ breaks down private equity activity in 2018 between deal size and sector. While valuations remain near historic highs, multiples have come down slightly in all but the small-market. Still, debt markets and considerable sums of dry powder available to private equity investors have allowed sponsors to pay a considerable premium over strategic acquirers as of the end
LBO performance has fallen for three straight quarters from its 10-year high in 2017, according to eFront’s latest Quarterly Private Equity Performance report.
LBO funds have enjoyed almost a decade of increasing performance since the financial crisis, reaching an all-time high in the third quarter of 2017, with an all-time low risk in the preceding quarter. Following this peak, performance has drifted slightly lower through the first quarter of 2018, marking three consecutive quarters of declines, reaching 1.45x. However, performance remains well above the level seen during the financial crisis, when returns fell to below 1.1x, and active global LBO
Assets under management at the Edmond de Rothschild Group’s infrastructure debt platform have quadrupled to EUR1.6 billion since the BRIDGE I fund had its first EUR400 million closing in 2014.
The first closing of BRIDGE IV at the end of July 2018 has so far raised more than EUR250 million. Our fourth infrastructure debt fund has two sub-funds, a TEEC-labelled investment grade senior secured debt fund, BRIDGE IV Senior Energy Transition, and BRIDGE IV Higher Yield, a specialist high yield fund, which will seek to deliver higher returns in return for higher risk. Three investments have already been made by
Global investment bank GCA Altium has advised Deep Sea Electronics (DSE) on the sale of a majority stake to Caledonia Investments plc (Caledonia), for a consideration of GBP162 million.
Investment trust company Caledonia, which is listed on the London Stock Exchange, has acquired a majority stake in DSE, a manufacturer of controllers for diesel-powered electricity generators and intelligent battery chargers, as it looks to expand its global presence.
Founded in 1975, DSE operates globally, providing products to support public sector infrastructure projects and defence applications, as well as diverse applications across industry sectors, including oil and gas, telecoms, construction,
NextStage AM has appointed Pascal Macioce as Senior Partner with responsibility for the development of the company in France and abroad.
As Senior Partner, Pascal Macioce’s mission will to advise the company with a view to casting a wider net among investors and partners looking to invest in innovative mid-market companies.
Macioce began his career at Arthur Andersen in 1979, where he held various management roles, notably as head of the French audit department. 2002 saw him join EY following the merger with Arthur Andersen. His responsibilities rapidly extended beyond France to Europe and then the EMEIA region, for
Private equity firm The Riverside Company has invested in Woon-Tech, a Boston, Massachusetts, manufacturer of specialty glass for shower enclosures and other residential and commercial applications. Woon-Tech is an add-on to Riverside’s Cardinal platform.
Riverside invested in Louisville, Kentucky-based Cardinal in early 2018. The company manufactures and provides glass products for residential, hospitality and light commercial use. The addition of Woon-Tech complements Cardinal’s product portfolio and will expand its geographic footprint.
“With quick lead times, expansive capabilities and consistent quality, Woon-Tech has quickly developed a strong reputation in the Northeast,” said Riverside Managing Partner Suzy Kriscunas. “We’re excited to
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
