PE Tech Report

Latest News

Yukon Partners Management (Yukon) has appointed Michael Furey as a Partner in the firm’s investment team. At Yukon, Furey will work closely with founding partners Michael Hall and William Dietz, as well as the firm’s investment professionals, in sourcing and evaluating new investment opportunities and providing operational expertise and counsel to sponsor partners. Mr. Furey will be located in Boston, MA. William Dietz, Founder and Managing Partner of Yukon, says: “Mike brings a wealth of investment experience along with quality industry relationships that will further our core strategy at Yukon. We are excited to have Mike as a member of
Osprey Capital Partners has assisted Moulure Alexandria Moulding in completing a partnership and recapitalisation with Industrial Opportunity Partners. Osprey Capital was engaged by Alexandria to find a partner and investor that could bring additional resources, experience and expertise to enable them to capitalise on the unprecedented opportunities within the marketplace. Alexandria is a manufacturer and distributor of wood mouldings and related millwork products for the Canadian and Northern US markets selling directly to retailers, wholesale building product distributors and industrial customers. The Company, headquartered in Alexandria, Ontario, Canada, has a manufacturing and distribution facility in Alexandria and a hardwood manufacturing
StoryStream, has closed a GBP1.8m Series A funding round, led by MMC Ventures, the London-based venture capital fund. Based in Brighton and founded in 2012, StoryStream’s technology is designed to solve the challenge facing global brands who are competing for customer attention in an increasingly noisy, ad-blocked online world. StoryStream’s smart content platform helps marketers combine user generated and dynamic brand content to create a more engaging and targeted brand experience. The unique technology combines real-time curation, distribution and analytics tools, offering the ability to seamlessly publish more personalised content across any customer channel.   StoryStream already works with some
Millennium Gary Anetsberger
Five new investment platforms have joined the Millennium Trust Company’s Millennium Alternative Investment Network (MAIN), bringing the total number listed to nine. In addition to Lending Club (NYSE: LC), announced earlier this month, EquityZen, iCapital Network, Prodigy Network, and RJ Oasis are now available through MAIN. Millennium Trust collaborates with leading online investment platforms and service providers to create solutions that use technology to provide qualified investors with an easy way to find and research alternative investments, and then purchase and custody the investment through their Millennium account. Alternative assets are expected to grow to as much as USD15.3 trillion
  France-based SME lending platform Lendix has raised USD13.5 million in a series B funding round led by CNP Assurances. Its existing shareholders inckuding Decaux Frères Investissements, Partech Ventures, Sycomore Factory, Weber Investissement et Banque Wormser Frères also took part in the round, together with institutional investors Matmut and Zencap AM, a subsidiary of OFI AM.  This capital raise also comes with significant commitments in excess of USD22 million to lend on the platform via its new fund, Lendix SME Loan Fund II.   Hélène Falchier, head of Private Equity Investments at CNP Assurances, will become a member of the
Edison Group, the international equity research and investor access firm, has appointed Tom Teichman as chairman to support its continued global growth plans. Teichman brings a proven track record in helping grow an array of innovative companies into sector-based leaders. He has helped shape many businesses to enable them to become successful disrupters in established markets by either creating new markets or permanently changing the nature of those markets.   With his deep expertise in finance and technology, Teichman's experience includes helping Mergermarket, as the first backer of the M&A deals intelligence service, realise its growth and value and, as
Magda Magnuszewska, previously Managing Director at private equity firm Innova Capital, has been promoted to Partner. Magnuszewska (pictured) started her career at Innova Capital in 2004. Since then, she has gained experience in the private equity market, taking part in numerous projects, particularly in the field of TMT and related services. Her focus has been on investments in new technologies and online markets. Magda’s latest transaction in this sector was Innova’s investment in the Netsprint Group, the Polish technological marketing and big data leader. She has also been a team leader and mentored new talent at the fund.  “Over the
Private equity investor Advent International is to acquire Viakem SA, the Mexican crop-protection-chemicals producer. Terms of the deal, which is expected to close in the third quarter of 2016, have not been disclosed. Founded in 1938, VIAKEM is the only Latin America-based custom and toll manufacturer of fine crop protection chemicals serving global agrochemical companies. The company has developed strong relationships with the largest agrochemical players and is focused on offering integral solutions to the chemical industry. VIAKEM will continue to serve its clients worldwide as its excellent geographic location and competitive cost structure provide the company with a unique
Z Capital Partners, the private equity management arm of Z Capital Group, has acquired Twin-Star International, a designer and manufacturer of electric fireplaces and home furnishings. Headquartered in Delray Beach, Florida, Twin-Star designs, manufactures and markets a broad line of decorative electric fireplaces, heaters, home furnishings and consumer electronics. With a track record of cutting-edge innovation, exceptional product quality and outstanding customer service, the Company has achieved the leading market position in the growing electric fireplace category and is the primary supplier to many retailers across North America. Twin-Star's energy-efficient products are purposefully designed to provide a more economical and
Fairstone Group has secured a major investment from Synova Capital, a Private Equity investor that focuses on UK growth companies. Synova has become the lead investor in Fairstone by providing an initial capital injection of GBP25 million as part of the deal with further cash available to Fairstone in the future. To date, Synova’s funds represent in excess of GBP400million and this is the first transaction to be completed out of their third fund. This latest deal sees Synova continuing its strategy of investing in forward-thinking companies operating in attractive market sectors with clear prospects for earnings growth and value

Special Reports

Featured

Events

05 June, 2024 – 8:30 am

Directory Listings