Latest News
Arma Partners acted as exclusive financial adviser to private equity firm Francisco Partners on the sale of Masternaut Group Holdings to a new joint venture between Summit Partners and FleetCor Technologies.
Masternaut is Europe’s largest provider of telematics solutions to commercial fleets. Founded in 1996 and with headquarters in the UK, Masternaut provides a SaaS-based Mobile Resource Management (MRM) application suite which improves its customers’ operational efficiencies.
The company employs over 600 telematics specialists and has over 10,000 customers with over 300,000 assets, vehicles and people connected to Masternaut’s SaaS solutions.
FleetCor, a provider of fuel cards and
Carey Olsen is the number one offshore legal adviser to London Stock Exchange (LSE) clients, according to the Corporate Advisers Rankings Guide (Q2 2014).
The law firm increased its LSE clients by four from the previous quarter and has 40 more clients than the next ranked offshore law firm featured in the guide.
The Corporate Advisers Rankings Guide reports on advisers to FTSE 100, FTSE 250, AIM and Small Cap/Fledgling clients, listing institutional advisers against their quoted clients. Advisers are drawn from UK, Irish, Channel Islands and overseas-domiciled companies, with equity shares fully listed on the LSE, together with
Private equity firm Beringea has made a USD4 million investment in Montage, a provider of purpose-built video interviewing technology to the Global 5000.
Beringea led the USD6 million Series C financing round, which also included existing investors Baird Capital, GCI and Calumet Venture Fund.
The capital will be used to drive increased global expansion, support overall company growth, and fuel the company's video interviewing technology initiatives.
"Montage's focus on innovation and client partnerships is driven by their commitment to the candidate experience, and their understanding of how to deliver a compelling value proposition to recruiters," says Mark Donnelly,
The Australian Private Equity & Venture Capital Association Limited (AVCAL) has welcomed the release of the Corporations and Markets Advisory Committee’s (CAMAC) report into equity crowdfunding in Australia.
AVCAL’s chief executive, Yasser El-Ansary, supports the key policy directions set out in the CAMAC report.
“Australia has been lagging behind other developed economies in setting out a policy framework to support this new and evolving approach to raising equity capital by start-up businesses, and because of that we have some catching up to do,” he says. “This report provides us with a comprehensive analysis of how we should move forward
WHEB Partners, the London and Munich based private equity fund manager, has invested EUR6.6m of growth capital in Mcor Technologies.
Mcor provides full-colour and eco-friendly 3D printers. The company is based in Dunleer, Ireland.
“We are experiencing strong demand internationally for our products and this investment from WHEB will allow us to deliver on our exciting sales pipeline and, together with WHEB, build Mcor into a global 3D printing company,” says Dr Conor MacCormack, CEO and co-founder of Mcor. “We now have all the ingredients necessary to create a world beating 3D printing technology company, with new and innovative
Growth equity investor Summit Partners has teamed up with FleetCor Technologies to acquire Masternaut Group, Europe’s largest provider of telematics solutions to commercial fleets, from Francisco Partners.
Masternaut’s management team, led by chief executive Martin Hiscox, will continue to operate the business and remain shareholders in the company.
Founded in 1996 and with headquarters in the UK, Masternaut provides a SaaS-based Mobile Resource Management (MRM) application suite for businesses of all sizes to help them achieve greater operational efficiencies through a lowering of vehicle fuel consumption, effective tracking of assets, productivity increases in workforce, reduced vehicle wear and tear,
Media industry veteran Sandy Climan has joined the advisory board of Loton Corp.
Climan is a seasoned media and motion picture industry executive, talent agent and producer, who currently serves as president of Entertainment Media Ventures, a media investment and strategic advisory company.
From 2007 to 2010, Climan served as CEO of 3ality Digital. Previously, he was a member of the senior management team at Creative Artists Agency (CAA). As the founding head of CAA’s corporate practice, Climan helped guide Sony Corporation’s acquisition of Columbia Pictures, Matsushita Electric’s acquisition of MCA/Universal and Credit Lyonnais’ restructuring of MGM.
“Sandy
Wasserstein & Co, via its private equity fund Wasserstein Partners III, is to acquire ALM Media from funds advised by Apax Partners and RBS.
Ontario Pension Board (OPB), Pantheon, the Honeywell pension, and HighVista Strategies are co-investing in the transaction alongside Wasserstein.
Headquartered in New York City, ALM is an integrated media company and a provider of specialised business news, research and information, focused primarily on the legal and commercial real estate sectors. The company has nearly 700 employees across 16 offices worldwide.
Bill Carter, president and CEO of ALM, says: “Over the recent years, we have embarked
Private equity firm Trinity Hunt Partners (THP) has sold portfolio company CJ Foods, a manufacturer of premium dog and cat food, to JH Whitney Capital Partners.
THP's partnership with management began in 2009, when it invested in CJ Foods alongside the seller and CEO, as well as other CJ Foods management members.
In partnership with THP, CJ Foods executed a strategic growth plan that included a USD20 million plant expansion and numerous capital improvement projects, which resulted in a doubling of CJ Foods' capacity during THP's ownership. These growth initiatives improved production efficiencies and food safety.
"In Trinity
Romulus Capital has raised USD50 million from a group of individual investors from the US, Western Europe, Russia, South Asia, the Middle East and Hong Kong.
The fundraising of Romulus’ second fund makes it one of the largest seed funds in the world.
“By design, few things about us fit the typical conventions of venture capital in the US,” says Krishna K Gupta, founder and managing partner. “We were one of the earliest movers at the seed stage and structured the firm to partner closely with entrepreneurs on strategy, operational, and sales objectives to build a strong foundation as
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
