Genstar Capital to acquire majority stake in Foreside Financial Group from Lovell Minnick Partners
Genstar Capital (Genstar), a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority stake in Foreside Financial Group (Foreside), from Lovell Minnick Partners (LMP). Foreside provides a robust offering of distribution solutions and governance, risk management and compliance (GRC) solutions to […]
Apollo Impact to acquire approximately 67 per cent of RDM Group
Certain funds managed by affiliates of Apollo Global Management are to acquire a majority stake in Reno De Medici SpA (RDM), a leading producer of recycled cartonboard in Europe. Apollo Funds will acquire approximately 67 per cent equity ownership in RDM from the Company’s top two shareholders, Cascades Inc. (TSX: CAS) and Caisse de dépot […]
KKR acquires seven highways assets from Global Infrastructure Partners
KKR is to acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometres. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Through the […]
IK-backed LINXIS Group acquires Bakon
IK Investment Partners-backed LINXIS Group, a provider of specialised equipment for the food and health industries, has acquired Bakon, a specialist in food processing and bakery equipment from managers and current investor Rabo Investments. Bakon’s activity complements the “Portion Process” division of LINXIS, represented today by the company Unifiller, and enriches its expertise in depositing, […]
EQT Infrastructure to acquire Cypress Creek Renewables
EQT is pleased to announce that the EQT Infrastructure V fund (“EQT Infrastructure”) has agreed to acquire Cypress Creek Renewables (“Cypress Creek” or the “Company”), a leading vertically integrated renewable energy platform, from certain funds managed by HPS Investment Partners, LLC (“HPS”) and Temasek. One of the leading solar and storage energy companies, Cypress Creek […]
QAD Acquired for $2 Billion
Software company QAD Inc., which has occupied a campus up off Ortega Hill Road near Summerland for many years, was acquired by private equity investor Thoma Bravo for $2 billion, the companies announced on June 28. QAD founder and president Pamela Lopker called the deal the company’s “next chapter of growth.” She said, “Since QAD’s […]
Summa Equity acquires myneva
Summa Equity Fund II (Summa) has acquired a majority stake in myneva, the European software provider for the social care sector. myneva offers dedicated SaaS solutions across the elderly, disabled, social, and youth care sectors, helping care providers to digitise their workflows to better manage increased demand for care, and respond to converging patient needs. […]
Mattioli Woods completes Maven Capital Partners UK buyout
Mattioli Woods has completed its acquisition of Maven Capital Partners UK, a private equity and alternative asset manager, following shareholder approval. Maven provides investment opportunities in VCTs, private equity and property with regionally based teams across 10 offices and more than 90 investment executives and support professionals. Mattioli Woods said it was a strong cultural […]
OpenGate Capital Completes Acquisition of ScioTeq and TREALITY from TransDigm Group
OpenGate Capital, a global private equity firm, announced today that it has completed the acquisition of the ScioTeq and TREALITY Simulation Visual Systems (“TREALITY”) businesses from TransDigm Group Incorporated (NYSE: TDG). ScioTeq and TREALITY develop and manufacture advanced visualization solutions including ruggedized displays and simulation systems to serve a diversified, customer base across avionics, aerospace, […]
Private equity firm Flexpoint Ford completes £231.6m acquisition of AFH
Private equity investment firm Flexpoint Ford, which specialises in the financial services and healthcare industries, has completed its acquisition of UK financial planner AFH Financial Group for £231.6m ($327.5m, €272.6m). Flexpoint Ford will acquire the UK wealth firm via Cortina Bidco, a newly incorporated company indirectly controlled by the US-based private equity firm. Daniel Edelman, […]
