Solutions
Eldridge, a holding company with a diversified network of businesses across finance, real estate, entertainment and technology, is to acquire a minority interest in Langdon Park Capital, a Black-owned real estate investment company.
Eldridge will join global real estate investment company Kennedy Wilson (NYSE: KW), a founding investor in Langdon Park Capital, in supporting Langdon Park Capital’s mission to provide high-quality housing and well-operated business facilities in historically underserved Black and Latino communities across the US.
Tern PLC, ALP and Venafi have led a USD2.9 million funding round in Device Authority, a specialist in identity and access management (IAM) for the Internet of Things (IoT).
The funding will be used to accelerate the revenue growth of the company through expansion within the core markets, most notably the US, whilst accelerating further enhancements to the development of its flagship KeyScaler product.
abrdn is to acquire 100 per cent of the ordinary share capital of the holding company of Interactive Investor (ii) from its shareholders, including majority shareholder JC Flowers IV LP (a fund advised by JC Flowers), for a total consideration of GBP1.49 billion, subject to a locked box adjustment and a regulatory capital adjustment.
Bernhard Capital Partners Management (BCP) has completed the sale of of Bernhard, a privately-owned, US Energy-as-a-Service (EaaS) solutions company to global independent infrastructure investment fund manager DIF Capital Partners (DIF), through its DIF Infrastructure VI fund.
As BCP’s first portfolio company, the sale of Bernhad represents a significant milestone for the firm’s inaugural flagship fund.
Funds services provider Praxis Fund Services (PFS) has supported tech-focused venture capital group Hambro Perks on the launch of the first Special Purpose Acquisition Company (SPAC) to be listed on the London Stock Exchange (LSE).
The Financial Conduct Authority (FCA) consulted on listing rules for the LSE earlier this year with recommended changes coming into effect in August 2021. These variations aligned the LSE with the SPAC model, which has become popular in US markets, where more than 600 SPACs have listed since 2020. SPACs are now able to remain open for trading following an acquisition announcement providing it meets
Mercer Global Advisors, a registered investment adviser (RIA) majority owned by private equity firms Oak Hill Capital and Genstar Capital, has acquired Mirsky Financial Management Corporation (MFMC), a wealth management firm located in Rochester, New York.
MFMC, which serves clients with assets under management (AUM) of approximately USD320 million, was founded in 1999 by David B Mirsky, President, CPA/PFS, CFP®, CMA, and later joined by Bernard . Salamone, Executive Vice President, JD, CPA, CFP.
Crypto investment firm Maven 11 Capital has closed its second fund, Venture Fund II, at USD120 million on 30 November.
Building on the success of the first fund, Fund II will look to back founders looking to build novel infrastructure protocols, DeFi primitives and Web 3.0 applications in the crypto industry.
With all change of control and regulatory approvals now in place, JTC has completed the acquisition of Irish asset manager Ballybunion Capital Limited (Ballybunion), first announced in September 2021.
Clayton, Dubilier & Rice has completed the USD2.5 billion sale of Sirius Computer Solutions, a provider of technology-based solutions for corporate and institutional customers, to CDW.
European revenue-based finance provider Round2 Capital, has expanded its commitment to the Nordic tech market with a EUR4 million investment in Finnish SaaS company Vainu.
The investment fund, based in Vienna, Berlin and Stockholm, has been working with Vainu since 2019 and provided both revenue-based financing and equity in the current round. With this fresh capital, Vainu was able to transform its business, doubling its annual average customer value (ACV) while systematically moving away from a small standalone customer segment.
Vainu is a software-as-a-service (SaaS) vendor that operates a company information platform to help customers achieve rich personalisation in sales
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
