Latest News
Munich-based Venture Capital firm Target Partners has appointed Holger G Weiss as its newest Venture Partner. Weiss will help to build out Target Partners’ startup network, with a focus on the Berlin ecosystem and the topics of Future Mobility and Internet of Things.
Weiss has 15 years of entrepreneurial experience in the Connected Mobility space. Most recently he was CEO of Aupeo, which under his leadership became one of the top connected audio offerings for the automotive industry. In 2013, Weiss led the sale of the company to Panasonic Automotive Systems of North America. Prior to Aupeo, he played a
European special situations investor Perusa Partners Fund II (Perusa) has sold its majority stake in Swedish Cyber Security firm Coresec Systems to Investcorp and to Investcorp’s portfolio company SecureLink Group NV.
Coresec Systems AB (“Coresec”) is one of Scandinavia’s largest managed cyber security service providers with sales of SEK 850m (EUR 90.5m). Today, Coresec offers integrated cyber security solutions and managed services to corporates and institutions across Northern Europe and the Benelux. With more than 250 employees across seven offices and multiple 24/7-manned Network & Security Operation Centres, Coresec’s security experts provide security advice and hands-on assistance to a demanding
Cyrus Investment Management (CIM), a specialist engineering turnaround EIS investment adviser, has appointed Clare Glackin, Head of Industrial Practice at Odgers Berndtson, to the firm’s Advisory Board.
Glackin heads the Industrial practice at Odgers Berndtson, where she undertakes executive searches for manufacturing and engineering businesses. Her particular focus is senior management in the global Aerospace, Defence, and Security sectors. Prior to commencing her career in executive search, she worked on major infrastructure projects as a Chartered Civil Engineer, before becoming a diplomat with the Foreign and Commonwealth Office. She subsequently moved to the Ministry of Defence, where she led teams
European private equity firm Cinven has held the final close of the Sixth Cinven Fund at its hard cap of EUR7 billion (approximately USD8 billion).
Despite the strong level of demand, Cinven has closed a right-sized fund to invest primarily in Europe in line with its investment strategy focused on high quality businesses with market leading positions and strong cash flows. Cinven will continue to use its long established matrix of sector expertise and local country experience to target companies where it can strategically drive revenue growth both in Europe and globally. Its Portfolio Team, operating across Europe, the US
BGF (Business Growth Fund) has appointed Will Copeland to the investment team in the Midlands. Copeland joins BGF from PwC where he worked as a manager in the transaction services team, providing due diligence to a variety of buyers, sellers and refinancers.
Based in BGF’s Birmingham office, Copeland joins a team of 10 investors covering the Midlands who, in addition to identifying investment opportunities, provide support to the companies they back.
So far this year, the team has made investments in Sertec Group, a manufacturer of stampings and welded assemblies; Paintbox Group, an automotive finishings supplier; Solid Solutions, the UK’s
NorthEdge Capital, a private equity firm focussed on the North of England, has provided a multi million pound injection of development capital into the company behind premium casual dining brands Neighbourhood and Victor’s.
East Coast Concepts, which was founded by entrepreneur James Hitchen and his brother Guy, currently operates the all day eatery and late bar Neighbourhood in Spinningfields which has recently undergone a GBP1 million refurbishment and the East Coast inspired Victor’s, based in Hale. Both brands have developed strong followings in the region due to their unique atmosphere and innovative menus, based around premium steaks, fresh seafood and
Metropolitan Equity Partners has invested USD20 millionin Bizfi (www.bizfi.com), a FinTech company that combines aggregation, funding and a marketplace for small businesses.
This investment represents an increase from the USD65 million financing of the company in December.
Paul Lisiak, Managing Partner of Metropolitan, says: “While the FinTech industry has experienced some recent headwinds, our confidence in both Bizfi and its place in the alternative financing industry has never been stronger. Since our original investment, Bizfi’s management has proven month after month its ability to generate profits and growth in an industry where most companies are calculating burn rate.”
Bizfi and
Riverstone Investment Group is to become a 50 per cent partner in the Utopia Pipeline Project.
To acquire its ownership interest, Riverstone agreed to an upfront cash payment provided at closing, consisting of reimbursement to Kinder Morgan Investment (KMI) for its 50 per cent share of prior capital expenditures related to the project and a payment in excess of capital expenditures to recognise the value created by KMI in developing the project to this stage.
In addition to the acquisition of the existing assets, Riverstone has agreed to fund its share of future capital expenditures necessary to complete construction and
Cavendish Corporate Finance, a UK sell-side mid-market M&A firm, has advised Tristar Worldwide, a luxury travel service operator on its acquisition by Addison Lee, Europe’s largest private hire company.
Founded in 1978, Tristar pioneered airline door-to-door luxury chauffeur services for global airline companies such as Virgin Atlantic. Today, the company is an international business, with global revenues of £50m, more than 200 staff, over 450 drivers and a reputation for being one of the most trusted names in the business. Tristar has headquarters on three different continents and a multitude of regional centres across Europe, North America and Asia.
Lightspeed China Partners (LCP) has completed the final closing of Lightspeed China Partners III with total committed capital of USD260 million USD. Fund III was oversubscribed and received strong support from existing and new limited partners.
LCP has also announced completion of a substantial closing of its first RMB fund with a target size of RMB500 million.
LCP has investment professionals located in Shanghai and Beijing. With USD and RMB dual-currency venture funds, the partnership plans to continue investing in China-based early stage companies in Internet, mobile, Internet Plus (transforming traditional industries with Internet technologies), and enterprise technology sectors.
LCP
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
