Varagon Capital Partners (Varagon), a middle market lender specialising in directly-originated senior loans to private equity-backed, US middle market companies, has secured a preferred equity investment from funds managed by Goldman Sachs Asset Management. The strategic partnership is expected to support the growth of Varagon’s lending business, the launch of new vehicles and the continued expansion of the Firm. Varagon, with approximately $15.1 billion in AUM, has established itself as a solutions-oriented partner to private equity firms, the companies in which they invest and the investors that trust in Varagon to manage assets on their behalf. In a time of

A consortium led by funds managed by HRL Morrison & Co (Morrison & Co), a premier global infrastructure investment firm focused on the digital and renewables sectors, is to acquire FiberLight, a fibre infrastructure provider with more than 20 years of experience building and operating mission-critical, high-bandwidth networks, from Thermo Companies. The investment will accelerate FiberLight’s network expansion, positioning it to take advantage of the rapidly growing fibre infrastructure market.  Terms of the transaction have not been disclosed.   Building on its 30-plus year track record of infrastructure investing, Morrison & Co’s investment in FiberLight marks its first investment in

Knox Lane, a growth-oriented investment firm focused on partnering with businesses in the consumer and services sectors, has entered into a definitive agreement to invest in Elevation Labs, a leading formulator and manufacturer of premium beauty products. Terms of the transaction have not been disclosed.    In partnership with Knox Lane, Elevation Labs will seek to grow its capacity, capabilities, and team in support of both existing and new brand partners, while continuing to build on the Company’s reputation for best-in-class innovation, quality, and customer service. Additionally, Elevation plans to supplement its organic growth with strategic acquisitions that complement its

Fortis Solutions Group, a provider of high impact printed packaging solutions and a portfolio company of Harvest Partners, has acquired Anchor Printing based in Novi, Michigan. Anchor Printing is a flexographic and offset printing specialist providing shrink sleeves, flexible packaging and pressure sensitive labels across a range of industries including the paint, automotive, medical, food, beverage, health and beauty and chemical end-markets.   Employing over 1,200 employees across eighteen manufacturing sites, Fortis intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.

Francisco Partners, a global investment firm that specialises in partnering with technology businesses, has completed the acquisition of healthcare data and analytics assets that were part of IBM’s Watson Health business, previously announced in January. Under the ownership of Francisco Partners, the new standalone company will be called Merative and will be headquartered in Ann Arbor, Michigan. Merative brings together market-leading offerings that deliver value across the global healthcare ecosystem, serving clients in life sciences, provider, imaging, health plan, employer, and government health and human services sectors. Seasoned healthcare CEO Gerry McCarthy has been tapped to lead the new organisation.

Souter Investments, a family investment office specialising in private equity, has partnered with Averna Capital to complete an investment in SI-UK, an international student recruitment company for UK higher education institutions, via Averna Investco III. SI-UK works closely with universities and higher education institutions to achieve international student recruitment goals. The company assists students throughout the entire university application and selection process through a network of eighty offices across forty countries. The investment will provide SI-UK with capital for further growth and support the company in continuing its internationalisation; developing its data and technology capabilities; and in building an institutional