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Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a USD125 million senior credit facility to support the recapitalisation of a healthcare services company.  The Riverside Company made a simultaneous minority investment as part of the transaction.   The unnamed company is a provider of information that helps doctors improve patients’ lives, with scientific capabilities that can identify potential chronic diseases at stages early enough to make patient lifestyle and wellness improvements successful.
High Road Capital Partners has completed the acquisition of Midwest Wholesale Hardware, marking the sixth platform acquisition for High Road Capital Partners Fund II. Founded in 1987, Midwest Wholesale Hardware is a leading value-added wholesale distributor of commercial and institutional door hardware, electronic access control and security products. Based in Kansas City, Missouri, the company also operates distribution centers in California, Florida, Pennsylvania, South Carolina and Texas. Midwest provides expert customer service and offers an extensive inventory of all major brands and hard-to-find components for maintenance and repair applications within the commercial and institutional door hardware market.   “We are
Associated Continuity Teams (ACT Clean) has secured private investor backing for a GBP10.2 million management buyout – a significant deal that signals a new cycle of growth and energy for the specialist outsourcing company of kitchen porters, night cleaning and housekeeping. Founded in 2006, ACT Clean has grown swiftly, alongside the expansion of upmarket hotels and restaurants in London, and is now the market leader in its luxury niche. Its impressive, long-term client base ranges from Michelin-starred and prestigious restaurant groups to well-known hotel marques through to the Royal Household.   Focussing on the provision of fully managed and supervised
Private equity firm TA Associates has made a minority investment in Retriever Medical/Dental Payments (Retriever), a provider of payment technology and merchant services to healthcare providers. Financial terms of the transaction have not been disclosed. Founded in 1993 by Frank Shiner, Retriever is one of the largest payments companies focused exclusively on the healthcare provider market, serving 15,000 physician practices, dental practices, veterinary clinics and hospitals throughout the US. Through its proprietary software, Practice Management BRIDGE, Retriever enables its clients to integrate payment processing workflow and data with the healthcare provider’s existing practice management or ERP system. Retriever also provides tools
Pamplona Capital Management (Pamplona), along with Ascent Venture Partners (Ascent), has committed USD100 million to Nova Sciences Holdings (Nova), a new platform formed to acquire metering, monitoring, measurement and control instrumentation businesses. Nova is led by highly experienced CEO Jim Barbookles and a senior management team that has worked together for fourteen years, during which time they have successfully executed several prior sector consolidations in the industrial instrumentation industry. Barbookles will be Chairman of the Nova board, which will also include Pamplona Partner Justin Perreault and Ascent General Partner Walter Dick. Barbookles says: “Over the last fourteen years, the Nova team
Haynes and Boone CDG, has significantly expanded its London office with the addition of three partners, who will bolster the firm’s finance, shipping, and energy practices. Emma Russell and Zoë Connor join the firm as London partners in the Finance Group, where they will represent banks, investment funds and other clients on a range of finance transactions, including arranging capital commitment/subscription financings and other fund financings. Their focus will be on a collaborative, team approach and an emphasis on partner-led deals, which they hope will be welcomed by the market.   Andreas Silcher rejoins the firm following time as general
CVC Credit Partners, an alternative investment manager focused on sub-investment grade debt markets in the US and Europe, has priced its CVC Cordatus Loan Fund VIII at EUR415.6 million via Goldman Sachs.  The CLO received strong investor demand across 33 investors, including five new investors to CVC Credit Partners’ European platform, with the tightest AAA, A and BBB pricing for a European CLO since the financial crisis.   The transaction was structured as an originator transaction for risk retention, with the originator housed within the management entity, in line with CVC Credit Partners’ previous European CLOs. CVC Credit Partners Group
CVC Capital Partners (CVC) is to buy the shares currently held by a number of investors in Pension Insurance Corporation Group (PICG), the ultimate parent company of Pension Insurance Corporation (PIC). The investment is subject to customary regulatory approvals. PIC is a specialist insurer and leading provider of bulk annuities to UK corporate pension schemes, which have over GBP2,100 billion of pension liabilities. PIC’s business is built on superior customer service, robust risk management and expertise in asset and liability management. This model brings long-term security to the pensions of its policyholders and delivers attractive risk adjusted returns to its
Bloom & Wild, a UK-based online flower company, has secured GBP3.75 million in a new round of funding with Burda Principal Investments, Hubert Burda Media’s investment unit, leading the round, and previous investors MMC Ventures and the company’s other angel investors also participating. Founded in 2013, Bloom & Wild has redefined the flower delivery experience and is fast developing into the UK's leading alternative to traditional online flower companies. The company’s key objective is to make sending fresh, design-led flowers as simple as sending a text message and receiving them as effortless as receiving a letter. This is achieved by constantly developing and improving the
Odile Renner, Arendt
Arendt Regulatory & Consulting has selected Confluence’s Unity NXT Regulatory Reporting AIFMD Transparency Reporting to support their clients with AIFMD reporting challenges. Unity NXT Regulatory Reporting AIFMD Transparency Reporting is a software service that simplifies and streamlines the AIFMD regulatory filing lifecycle for asset managers and their service providers. With over 400 data points to be collected from a variety of internal and third-party systems, the AIFMD Transparency Report is especially challenging. Unity NXT Regulatory Reporting AIFMD Transparency Reporting offers clients a way to gain control over this complex undertaking. The solution provides a truly collaborative environment for producing the

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