JAB Holding Company’s (JAB) European pet insurance platform, Pinnacle Pet Group (PPG) is to acquire 100% of the shares of AGILA Tierversicherung AG (AGILA), a German specialist in pet insurance, from the WERTGARANTIE Group. In return, the WERTGARANTIE Group will become an investor in PPG.  The transaction is expected to close in Q4 2022, subject to customary closing conditions, including regulatory approvals. The parties have agreed not to disclose the financial details of the transaction.   With JAB’s support, PPG will be built into a leading Pan-European platform for animal insurance through strategic investments and organic growth. The WERTGARANTIE Group

Ironwood Capital has recapitalised its investment in Boston Carting Services (BCS), a non-hazardous solid waste company servicing Greater Boston with focus on commercial, residential, and roll-off collection. BCS also operates a material recovery facility in partnership with Jeff Kendall, an industry veteran who served as chairman of the board, provided acquisition and growth capital to the Company in October 2020.  Ironwood has invested in over a dozen companies in the environmental services industry.

Waterland Private Equity (Waterland) is to invest in Cooper Parry, a disruptive firm of accountants and business advisers. Cooper Parry’s teams support like-minded entrepreneurial businesses across the UK and overseas, covering the spectrum of Audit, Tax, R&D, Tech & High Growth, Outsourced Finance Services, Corporate Finance and Wealth Management. In recent years, the Company has grown market share by successfully pivoting from a generalist to a specialist approach, providing tech-enabled accountancy services for high growth technology companies and established businesses across a range of end markets. Ade Cheatham will continue as CEO to propel the business forward alongside the full

Clearlake Capital Group and Motive Partners have closed the acquisition of the BETA+ assets including BETA Post-trade Processing, Maxit, and Digital Investor, from the London Stock Exchange Group (LSEG).

Mid-market private equity investor AnaCap Financial Partners’ (AnaCap) portfolio company MRH Trowe (MRHT), an owner-managed commercial lines insurance broker in Germany, has successfully completed three bolt-on acquisitions in quick succession. The latest acquisitions underpin the strategic roadmap aimed at expanding capabilities in specialist products and strengthening the Group’s competencies in strategically important areas. In line with MRHT’s historical M&A approach, owners of the businesses acquired will remain fully involved and responsible for their operational activities.

WRV GmbH, based in Scheden in lower Saxony, is a specialist insurance broker serving clients in the construction trade sector. Its acquisition will enable the Group to set

Endeavor has held the final closing of the Endeavor Catalyst Fund IV with capital commitments of $292 million, above the fund’s initial target of $200-250 million, according to a report by DealStreetAsia. The new fund is Endeavor’s largest investment vehicle to day and brings Endeavor Catalyst’s total assets under management (AUM) to more than $500 million across five funds — Endeavor Catalyst Philanthropy (Beta Fund) and Endeavor Catalyst I, II and III, and IV. Fund IV will continue to invest in companies led by entrepreneurs selected to Endeavor’s network globally. It will co-invest alongside professional venture capital and growth equity

Eurazeo has led a €160 million funding round in Electra, a French company specialising in fast charging for electric vehicle (EVs). Electra is the third investment made by Eurazeo’s infrastructure strategy, after Ikaros Solar (Belgian provider of photovoltaic solutions) and Resource (Danish plastic waste sorting facility). Electra is fully aligned with the Group’s ambition to invest in energy and digital transition infrastructure and contribute to a low-carbon economy. This investment will support the decarbonisation of the transport sector, avoiding CO2 emissions by 550,000 tons by 2026 and therefore contributing to Eurazeo’s carbon-neutrality objective. As well as Eurazeo, the round included