Latest News
Carbon Direct, a science-first carbon management firm and software provider, has closed a $60 million funding round led by Decarbonization Partners, a partnership between Temasek and BlackRock, and Quantum Energy Partners.
CenterOak Partners (CenterOak), a Dallas-based private equity firm, has formed Turf Masters Lawn Care Services, a residential lawn services platform created through the combination of three providers: Turf Masters Lawncare (Turf Masters), All Turf Holdings (All Turf), and Green Group Holdings (Green Group).
As part of the transaction, the existing owners and management teams will continue to be active and will have an equity interest in the Company. Andy Kadrich, the founder of Turf Masters, will lead the Company as CEO. CenterOak’s investment will provide capital to support the growth of the newly formed entity. Terms of the transaction were
Ares Private Markets Fund (APMF) has appointed Barry Miller as its chief executive officer, effective 11 August, 2022. Miller is currently a partner in the Ares Secondary Solutions Group, where he focuses on private equity secondaries.
Miller has 24 years of experience across private equity and secondary investing.
APMF is a registered, continuously offered, non-traded, closed-end fund. Leveraging the strength of the global Ares platform, which had approximately $334 billion of assets under management as of June 30, 2022, and the 30-year history of Ares’ Secondary Solutions Group, the Fund intends to invest in a diversified portfolio of private equity
LDC has made an £18 million minority investment in TMC Pharma Services (TMC), a global pharmaceutical development organisation that specialises in innovative treatments for rare diseases and oncology.
The mid-market private equity firm is backing the existing TMC management team, led by Co-Founder and CEO Julie Matthews and COO Carol Woodward. Its minority investment will help TMC to further expand into the US and Asia markets. The business also plans to double the number of full-time employees it has over the next five years and open new offices in key international markets.
TMC has successfully supported over 150 Orphan Drug
STRAT7, a strategic customer insight business backed by Horizon Capital, has made its third investment in two years with the acquisition of Jigsaw Research, a strategic insight agency.
STRAT7 acquired insight consultancy, Incite, in September 2021 and cultural trend specialists, Crowd DNA, in November 2020.
Founded in 1998, Jigsaw delivers integrated quantitative and qualitative research services across a range of sectors, including Financial Services, Technology, Media and Telecoms, Life Sciences, Professional Services, Public Sector and Retail. It boasts a global blue-chip client list including American Express, M&S, Lloyds, BBC, ITV, Sage, Vodafone, PwC, Deloitte and Ofcom.
Through its proprietary online
Sound Point Capital Management (Sound Point), a credit-focused investment manager with more than $30 billion in assets, has appointed Andrea Sayago as its new chief compliance officer and associate general counsel.
iCapital, a global fintech platform focused on access and efficiency in alternative investing for the asset and wealth management industries, is to acquire UBS Fund Advisor, UBS’s legacy proprietary US alternative investment manager and the feeder fund platform it manages.
Venture capital (VC) and private equity leaders are expecting a sub-Saharan African economic boom with GDP growth beating International Monetary Fund forecasts this year and next year, new research for blockchain-based mobile network operator World Mobile shows.
The IMF is predicting sub-Saharan Africa’s economy will expand by 3.7% this year and 4% next year and warns that the impact of Russia’s invasion of Ukraine and the global shock to oil and food prices is affecting the region, which is recovering from the after-effects of the Covid-19 pandemic and US interest rate rises.
However, the senior VC and private equity executives
Sango Capital (Sango), an Africa-focused investment firm, is to acquire a controlling stake in SOTIPAPIER, a paper packaging manufacturer in Tunisia from entities controlled by SPE Capital.
In addition to acquiring a majority stake, Sango intends to proceed with a tender offer process in accordance with the regulations of Tunisia’s Financial Market Council. Completion of the transaction remains subject to certain conditions precedent in relation to requisite clearances and approvals from the relevant Tunisian authorities.
Sango’s investment will support Sotipapier’s experienced management team in the execution of its long-term strategic plans that will further enhance the company’s capacity and product
The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has acquired the backflow and gauge divisions of Heffernan Enterprises, Inc (Water Metrics) as the ninth add-on to its fire and life safety platform, Performance Systems Integration (PSI).
Based in Portland, Oregon, PSI is a single source provider of fire and life safety services in the Pacific Northwest, Mountain West and Northern California regions. The company provides customers with fire and life safety services including system inspection, service and monitoring, equipment and first-aid sales and cylinder repairs as well as installations for new
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm