WindRose Health Investors (WindRose) has completed the recapitalisation of RevHealth, a science-focused independent provider of omnichannel healthcare communications. Terms of the transaction have not been disclosed. WindRose, a New York-based healthcare private equity firm, is partnering with RevHealth’s founders to recapitalise the business and provide additional capital to support future growth. With WindRose’s investment, RevHealth is well-positioned to further accelerate its impressive growth, drawing on WindRose’s extensive experience investing in innovative pharmaceutical services companies. Bruce Epstein, Bruce Medd, and Brian Wheeler, RevHealth’s founders, will continue to lead the company and remain significant shareholders.    Guggenheim Securities, LLC acted as the

Perusa Partners Fund 2 (Perusa) and co-investors have agreed to sell all shares in SCHROTH International and SCHROTH Management (together SCHROTH) to LOAR, a platform of companies specialising in the design and manufacture of aerospace and defense components. SCHROTH, with its engineering and manufacturing sites in Arnsberg, Germany, and Fort Lauderdale, Florida, USA, is a global specialist in the development and manufacturing of occupant protection systems for applications in aerospace, defense, and motorsports.  SCHROTH specialises in technical occupant restraint systems, passenger lap belts for all major commercial aircraft, structural airbag systems for Airbus and Boeing platforms, and cockpit safety equipment.

An affiliate of New Water Capital Partners II has acquired Cincinnati, Ohio-based Klosterman Baking Company Inc (Klosterman). The Boca Raton-based private equity investment firm focused on lower-middle market companies, already has a presence in the manufactured foods sector, through investments in frozen foods developer The Perfect Bite Co and frozen foods manufacturer Pegasus Foods. New Water previously held fresh foods provider Custom Made Meals (CMM), which it acquired in 2017 and sold in May 2021, after expanding CMM’s US customer base from approximately 6,000 grocery retail locations to more than 15,000 retailer locations nationwide. Founded in 1892 by members of

Bank of America, BNY Mellon and Citi have made new investments totalling $20 million in Genesis Global, a low-code application development platform purpose-built for financial markets organisations. These strategic investments follow the firm’s $200 million Series C funding announced in February.                                                                                        Financial services firms use Genesis across the software value chain to automate spreadsheet processes, enhance existing

Brightstar Capital Partners (Brightstar) is to acquire WindsorONE, a US-based manufacturer of highly-crafted trim boards, moulding, shiplap and other fabricated wood products for interior and exterior applications. The Company’s products primarily serve the rapidly growing repair and remodel market. Under the agreement, Brightstar, a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, will partner with Craig Flynn, owner and CEO of WindsorONE, to grow and expand the company’s operations. Flynn and his senior management team will continue to lead WindsorONE moving forward.  Terms of the private transaction, which is expected to close in the third

Legal & General has led a $60 million Series C funding round in electric car subscription service Onto. The round will enable the business to consolidate its position in the UK and expand into Europe, beginning with Germany. Existing investors including Alfvén & Didrikson, Accelerated Digital Ventures, Campden Hill, and the family office of Jim O’Neill, also participated in the round. The Series C raise brings Onto’s total funding to date to over $330 million in equity and debt.   Onto’s business model enables people to subscribe to an electric car on a monthly contract. The subscriptions are inclusive of

Dynamo Software, a provider of end-to-end cloud software solutions for the alternative investment management industry, has acquired data management specialist Smonik Systems. Smonik’s automated products for data collection, extraction, validation, and reconciliation will now be added to Synamo’s platform. Endowments, foundations, pensions, family offices, and funds of funds (FOF), will benefit from Smonik’s ability to reduce or completely eliminate manual data entry and processing. For example, with Smonik’s software, LPs can automate the collection and extraction of data for all investment types – including alternatives – while also adopting a data-agnostic approach to reconcile any two data sets.