Partners Group is expanding the shareholder base of United States Infrastructure Corporation (USIC), a North American provider of utility location services with Kohlberg & Company (Kohlberg) acquiring a 50% stake in then business. Partners Group will retain a 50% co-lead interest. 

Lower mid-market private equity firm NorthEdge has supported quality assurance and testing firm Testronic, part of the Catalis Group, to complete two new acquisitions. Testronic has acquired Check Disc Labs (CDL) and Giant Interactive, representing the third and fourth acquisitions for Catalis Group since NorthEdge’s investment into the firm in 2020.   The two deals follow a series of other bolt-on acquisitions in NorthEdge’s technology portfolio over the last 12 months.  CDL, a quality assurance provider for physical and digital media content, and Giant Interactive, a provider of award-winning entertainment and content delivery services, will join the Testronic family, adding 120 highly

GI Partners, a private alternatives investment firm, has acquired five ‘always on’ properties representing 860,000 square feet, on behalf of its Essential Tech + Science Fund (ETF Fund). The properties, all of which are located in high density Northern Virginia markets, are leased to many of the largest defence and government contracting companies in the US.   GI Partners has historically acquired similar ‘always on’ assets—those that house mission critical technology operations and non-biological R&D — in its core real estate funds. This investment represents the first ‘always on[ acquisition in its core plus ETS Fund.   The properties include

CDPQ has committed $75 million to B2B SaaS customer engagement and retention platform CleverTap’s $105 million Series D Funding round. IIFL AMC’s Tech Fund also participated along with existing investors Tiger Global and Sequoia India.  The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology. Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap’s customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers. CleverTap’s subscription-based solution has

Funds managed by Carlyle’s Global Infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate investments in Tillman Infrastructure, a privately held cell tower platform in the United States. Since its founding in 2016, Tillman Infrastructure has become one of the largest providers of build-to-suit tower assets in the country and these funds will seek to further support that growth trajectory. Tillman Global will use the funds to seek to accelerate growth to meet increasing demand for mobile internet infrastructure, and to continue to invest in premium mobile infrastructure to serve its underlying mobile

ARQIS has advised Munich-based Agile Robots AG and its subsidiary Agile Robots Hanover on the acquisition of the Yu cobot with all associated technology components in an asset deal, from Hanover-based voraus robotik. voraus robotik is active in the field of software development of functional software for robot systems and had acquired essential assets of the insolvent YUANDA Robotics based in Hanover from its insolvency administrator. YUANDA had developed, produced and distributed the collaborative robot Yu. Now that voraus robotik wants to focus on the development of software for robots, Agile Robots has acquired the hardware as well as the

Partners Group, a global private markets firm, has, on behalf of clients, is to acquire a controlling stake in Foundation Risk Partners (FRP), a specialist insurance broker in the US, from Warburg Pincus.  FRP’s management will maintain a substantial stake in the business while Warburg Pincus will retain a meaningful minority position. Headquartered in Daytona Beach, Florida, FRP assists businesses and private individuals in navigating the complex US insurance landscape. The company’s areas of expertise include commercial insurance, employee benefits, personal insurance, and risk management services. FRP helps clients, which include small to mid-sized businesses and high net worth individuals,

Upper90, a provider of hybrid growth capital, has raised $180 million in a capped initial closing for its third fund. Commitments came from a strategic investor base of 300 entrepreneurs to help founders scale with less dilution.  The firm has pioneered a new investment model combining tailored credit and equity for alignment with technology businesses that have predictable revenue or collateral. Since raising Fund I in 2018, Upper90 manages and has syndicated over $2.2 billion across 43 portfolio companies generating attractive risk adjusted returns through asset-backed credit structures. Upper90 was an initial institutional capital partner to some of today’s fastest-growing

Perwyn has led a £20 million Series B funding round in Patchwork Health, a healthcare workforce platform built by NHS doctors, to accelerate its work tackling the NHS staffing crisis. The round was also backed by Praetura Ventures and KHP Ventures.  They were joined by a range of prominent angel investors, including Monzo founder Tom Blomfield and Social Chain Co-founder Dominic McGregor.   Founded in 2016 by NHS medics Dr Anas Nader and Dr Jing Ouyang, Patchwork partners with over 100 healthcare sites across the UK. It provides tech-powered solutions that address staffing challenges and allow NHS teams to manage