Latest News
NextWave Ventures, a venture-capital firm specialising in the commercialisation of early-stage technologies, today formed Apical Technology, a portfolio of artificial intelligence (AI) technologies.
Advanced by Ron St Onge and Jim St Onge, Apical is the result of nearly 20 years of research in optimising AI-based solutions to non-linear systems. With significant real-world predictive results in market behaviour, NextWave Ventures identified an initial opportunity to use the Apical AI-based software platform for equities trading. Apical’s strategies utilise AI and machine learning to generate superior risk-adjusted returns that are non-correlated to both major asset classes and other hedge fund strategies.
“Apical
Tech company Spark EV is driving business development of its artificial intelligence-based journey prediction system for electric vehicles (EV) with a GBP50,000 investment from New Anglia Capital as part of its seed investment round.
The company, which recently expanded into new premises at Lanwades Business Park near Newmarket in Suffolk, will use the investment to expand business development. This includes adding a trade manager to support overseas sales, particularly in Scandinavia, where it is already receiving strong interest.
Launched in 2017, Spark EV analyses live driver, vehicle and other data sources, such as the weather and congestion, using its
Property Brands, a provider of property management technology solutions, has secured an investment from Insight Venture Partners, a New York-based venture capital and private equity firm.
Providence Strategic Growth, Property Brands’ previous lead investor, will retain a minority investment partnership going forward.
Headquartered in Knoxville, Tennessee, Property Brands provides software for property management, rent payment processing, background screening, and renters insurance. Property Brands is helmed by an executive team of proven entrepreneurs who have successfully built market leading SaaS companies.
“We couldn’t be more excited about this next phase of growth and innovation for our business,” says Lisa Stinnett,
Boston-based private equity firm, New Heritage Capital, (Heritage), has become a minority stakeholder in the Canada-headquartered Flying Colours Corp (Flying Colours), a refurbishment, completion and MRO business.
The transaction, structured using Heritage’s Private IPO® solution, was ratified and signed by Flying Colours President, John Gillespie, and Heritage Partner, Judson Samuels, on 31 January 2018. Financial terms remain undisclosed.
Flying Colours will retain its management and operational independence, and will benefit from increased financial resources at a time of considerable growth. The deal enables Flying Colours to realise high-value projects which include expanding service lines, infrastructure development, and the building
Quilam Capital, which provides both debt and equity solutions to companies in the speciality finance sector, has announced its third deal since it launched late last year, a multi-million pound investment into Catfoss Finance, a specialist lender providing Asset Finance into the UK SME market.
For more than 17 years Catfoss has been offering supportive, individual and practical financing helping businesses and the people they represent, grow and prosper.
Founded and run by a highly experienced team of professionals, Catfoss provides leases, HP and business loans to companies seeking to raise capital for new or existing assets. Working with
Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, and Chicago-based private equity firm Onward Capital, have partnered to acquire Wright City, Missouri-based Tech Manufacturing as an add-on to their joint platform company, Domaille Engineering.
Terms of the transaction have not been disclosed.
Tech Manufacturing is a manufacturer of complex five-axis structural aerospace parts. The company has special expertise in unique contoured parts and monolithic components that require five-axis milling, whether made of aluminium, steel, titanium, or other materials. Tech Manufacturing specialises in CNC precision machining of structural aerospace parts for commercial, military and business
The Private Equity Wire Awards 2018, presented in London on 8 February, recognise the best private equity managers, investors, consultants, advisers and service providers during 2017 in a range of categories covering the entire private equity space.
The winners of the awards, who were determined by the votes of Private Equity Wire’s readers, are:
Best Debt Provider of The Year – Alternative – Star Mountain Capital
Best Debt Provider of The Year – Bank – Goldman Sachs
Best AIFM – Fund Administrator – Augentius
Best Placement Agent of the Year – Asante Capital
Best Legal Adviser of the Year – Latham
For those operating in the European mid-market space, there is no shortage of deals to be done. And when it comes to generating superior returns, the more complex the deal (and ergo more risk) the better chance PE managers will have to create positive multiple arbitrage relative to the large-cap space.
Of course, there is no magic formula to this, else everyone would be enjoying great success. But risk is critical; the smaller the company, the riskier the deal.
At the lower end of the market where management is critical, the ability to attract superior talent is lower because of
Anthony Pralle, Senior Partner Emeritus of The Boston Consulting Group, has joined Activa Capital’s Industrial Committee
Pralle recently retired from The Boston Consulting Group after thirty-six years with the firm. His client base was focused in Consumer and Retail, where he advised multinational, regional and national players in packaged goods, food and non-food retailing, travel and leisure. He has worked extensively for private equity funds on buy and sell-side due diligence as well as with their portfolio companies. Pralle joined BCG in London and moved to Spain in the late 1980s as part of the team opening the Madrid office.
Baum Capital Partners (BCP), a private investment firm that provides equity capital and strategic resources in support of dynamic companies in the lower middle market, has launched the GKB Growth Equity Fund.
The Fund has approximately USD70 million of aggregate commitments from family offices, successful entrepreneurs and executives, and high net-worth individuals across the United States.
Jonathan Baum, Managing Partner of BCP, says: “We are delighted by the strong reception the Fund has received and humbled by the support we have garnered from such a highly respected group of investors. I am fortunate to be joined in this effort
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
