PE Tech Report

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HIG Growth Partners’ portfolio company Centerfield Media has acquired Qology Direct. Centerfield is a digital media company that leverages its proprietary technology platform, Dugout, to optimise the customer acquisition process by identifying high value and intent driven consumers at scale across a variety of digital media platforms including search, display, social and others.   Qology’s customer acquisition and conversion capabilities will enable Centerfield to offer a fully integrated sales and marketing solution controlling the consumer experience from initial touch point all the way through completed sale, delivering new customers at scale to some of the biggest brands worldwide.   “When
Private equity firm Bregal Sagemount has held the first and final close of Bregal Sagemount II at the hard cap with total commitments of USD960 million. Sagemount II was oversubscribed and significantly exceeded the original USD800 million target.   Sagemount II will continue Bregal Sagemount’s strategy of providing flexible capital and strategic assistance to companies in high-growth sectors across a wide variety of industries and transaction situations.   Bregal Sagemount is part of Bregal Investments, which is a global private equity group with offices in New York, Dallas, London, Munich and Jersey. Investment vehicles associated with Bregal are the sole
The TIIC infrastructure group has completed the sale of NDI Autostrada (NDIA) to Arcus Infrastructure Partners and APG Asset Management. TIIC, together with Grupa NDI, jointly owned NDIA.   NDIA holds a 25.31 per cent stake in Gdańsk Transport Company, the concessionaire managing the A1 northern section of the AmberOne A1 motorway concession in Poland.
European financial services private equity firm AnaCap Financial Partners is to acquire a portfolio of Italian performing and non-performing corporate secured loans from Barclays. The portfolio, which has a gross book value of EUR177 million, comprises loans to primarily small and mid-sized corporates secured against real estate located mostly in the north of Italy.   The agreement follows AnaCap’s Credit Funds’ acquisition last year of three portfolios of unsecured and secured NPLs from GE, RBS and UniCredit, totalling close to EUR2.5 billion.   Last month, AnaCap Private Equity Funds also announced the signing of an agreement with Barclays to acquire
Alantra has advised the shareholders of Bulldog Gin in the sale of the brand to Gruppo Campari for GBP55 million, plus working capital and assumed liabilities for GBP3.4 million. The agreement foresees the possibility of an earn-out payable upon the achievement of certain incremental sales volumes according to agreed volume targets.   The deal leaves cash-on-hand and other assets on Bulldog’s balance sheet, resulting in approximate proceeds of GBP70 million at closing to Bulldog’s shareholders.   The closing is expected by mid-February 2017.   Launched in the US in 2007 and subsequently in Europe, Bulldog Gin is, according to IWSR,
MedScience Ventures (MSV), an emerging medical technology and life sciences venture capital firm, has made its initial investments in the dermatology, disinfection, medicinal cannabis, cardiovascular and renal sectors. MSV identifies outperforming early stage companies with disruptive technologies, obtains licensing rights, and makes equity investments in these fast-growing sectors.     “The increasing digital role of emerging medtech and life sciences companies, as well as important global policy changes, are creating new opportunities for this industry,” says Christopher Ford, founder and general partner. “We look forward to identifying disruptive technologies that will produce the next giant step forward in solving urgent unmet
Telecommunications expert Ralf Gerbershagen will be supporting the senior adviser board of Clearwater International, a globally active corporate finance house focusing on mid-market transactions, with immediate effect. Gerbershagen, 54, has decades of management experience in the international telecommunications industry as well as a network of business contacts in the digital industry.    “We are pleased to welcome Mr Ralf Gerbershagen as senior adviser and member of our exclusive senior adviser board, which now has 25 members. Clearwater International will benefit from his great experience in the TMT sector and his extensive network,” says Axel Oltmann, managing partner at Clearwater International.
Girish Reddy, KKR
KKR and Pacific Alternative Asset Management Company (PAAMCO) are teaming up to create a new liquid alternatives investment firm by combining PAAMCO and KKR Prisma. Under the terms of the agreement, the entire businesses of both PAAMCO and KKR Prisma will be contributed to a newly formed company that will operate independently from KKR, and KKR will retain a 39.9 per cent stake as a long-term strategic partner.     This transaction will create one of the largest firms in the liquid alternatives industry, with over USD30 billion of assets under management or advisement and the ability to fulfil a
Emily Haithwaite, Ogier
Jersey funds and regulatory specialist Emily Haithwaite has joined Ogier as a partner. Haithwaite’s (pictured) wide-ranging investment funds and financial services law experience has brought her recognition from clients and industry.   Head of Ogier's Jersey funds team, Niamh Lalor, says: "She has an outstanding reputation in her field, named as a Leader by Chambers, Legal 500, IFLR and Citywealth."   Haithwaite ihas almost two decades' experience acting for banks and asset managers in the formation, listing and winding-up of funds, as well as for sovereign wealth funds, funds of funds and investors investing into Jersey funds.   Her expertise
Idinvest Partners has appointed Alban Wyniecki as an investment director. Wyniecki will provide strategic direction and oversight of Idinvest’s Growth Capital Fund II, which recently held its first close at EUR250 million.   The fund’s first investment this year was in Vestiaire Collective, an online e-commerce marketplace for pre-loved clothes.   “We are very much looking forward to Alban joining the Growth team here at Idinvest,” says Benoist Grossmann, managing partner at Idinvest. “We are currently seeing a good amount of opportunity for European companies looking to scale-up, particularly in the tech sector and where Alban brings a huge amount

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