Barings and Partners Group, acting on behalf of their respective clients, have acted as the lenders on secured credit facilities backing Arcline Investment Management’s investment in CoreDux, a specialised manufacturer of ultra-high purity flexible gas and fluid conveyance components and sub-systems. Arcline’s investment adds to the firm’s expertise backing innovative businesses in the flow control and semiconductor sectors.  CoreDux’s mission-critical components and systems are used in the most demanding high-tech applications including next-generation semiconductor equipment, aerospace sub-systems, and applications supporting the green energy transition, among others. With this investment, Arcline will seek to continue the strong momentum of CoreDux in

Bain Capital is set to complete its €1.7 billion acquisition of ITP Aero from Rolls-Royce within the next few weeks according to a report by Private Equity Insights. The deal for the Spanish engineering business, which produces the engines for the Eurofighter Typhoon fighter jet, was originally expected to complete last Thursday, but was held up due to a delay in securing clearance from Spanish regulators. The report quotes unnamed City sources as saying that officials in Madrid  are now preparing to sign off the deal “in the next few weeks”.

OpenFin, the operating system (OS) of enterprise productivity, has secured a strategic investment from ING Ventures, the venture capital arm of ING making investments in companies that have strategic relevance to ING.

Peterson Private Equity has invested in Black Mountain Software, a provider of government accounting and billing software. Peterson’s investment will help accelerate product expansion and innovation, as well as growth beyond current geographies.   Founded in 1993 by Jack Liebschutz and Wayne Carriere and headquartered in Polson, Montana, Black Mountain Software’s product portfolio includes municipal accounting, utility billing, and school district accounting software solutions.     In conjunction with the investment and in an effort to support Black Mountain Software’s continued growth, Mike Fabrizio and Nate Quinn will be joining the management team as co-CEOs. Prior to Black Mountain Software, Fabrizio

KKR & Co is backing a consortium leading the race to acquire a stake in Deutsche Telekom’s wireless tower portfolio, according to a report by Bloomberg. The report cites unnamed sources as revealing that KKR has teamed with Global Infrastructure Partners and Stonepeak to make an offer, which is reportedly being seen as more attractive than a rival bid from Brookfield Asset Management Inc and Spain’s Cellnex Telecom.  Deutsche Telekom will reportedly make a decision on the winning bid as soon as this week with any prospective deal thought to valued at around $20 billion,

China-name chipmaker CanSemi Technology secured $672 million in a new funding round led by Guangzhou Yuexiu Industrial Investment Fund Management, the private equity (PE) unit of Chinese publicly-listed firm Yuexiu Financial Holdings, according to a report by DealStreetAsia. The new funding will be used to finance the construction of new production facilities and expand the company’s output of industrial and automobile chips. Chinese state-owned automaker Guangzhou Automobile Group’s investment arm GAC Capital and Guangdong Finance Fund Management, a government-guided fund that manages over 41 billion yuan ($6.1 billion), also particpated in teh strategic funding round. CanSemi, which was founded at

BaltCap, a Baltics-focused private equity and venture capital investor, has sold Latvian company Vendon SIA to Azkoyen, a Spanish technology company. Vendon SIA is part of Draugiem Group and is a leading company in connectivity and IoT solutions in digital payment and telemetry in Central Europe.   Vendon provides remote vending management and payment processing services enabled by hardware, firmware, and software. The company, founded in 2011 and headquartered in Riga, with the largest markets in France, Germany, Benelux and the UK, has more than 45,000 connected machines. Vendon is on its journey from a European based company to a

GCM Grosvenor, through its Labor Impact Strategy, and New York-based Blue Wolf Capital Partners (Blue Wolf) have acquired Hallcon Corporation (Hallcon) from Novacap, a Canadian private equity firm. Terms of the transaction have not been disclosed. Hallcon is a North American provider of mission-critical transportation services and infrastructure for a broad range of customers including railroads, universities, airports, hospitals and healthcare systems, public transit, technology and industrial companies, and other large employers seeking custom transportation solutions. In addition, the Company provides essential cleaning, disinfecting, and facilities maintenance services to municipal, regional, and national rail and transit providers throughout the United

Growth capital investor BGF has committed a further £5 million to support Operam Education Group’s buy-and-build growth strategy. Operam Education Group, an education recruitment agency in the North of England, has received a further £2.5 million from BGF, alongside £2.5 million of senior debt from HSBC, to support the acquisition of West Midlands-based, First for Education.     First for Education is Operam’s first acquisition since the pandemic begun and signals the start of an exciting growth phase for the business as it looks to grow its footprint and service offering. An additional £2.5 million of equity funding has been