JCG invests USD13m in Highview Power
Janus Continental Group (JCG), a conglomerate with businesses in the Energy, Hospitality and Real Estate sectors across three continents, has invested USD13 million in Highview Enterprises Limited, the developer of liquid air long-duration energy storage systems, called the CRYOBattery. JCG’s subsidiary, Great Lakes Africa Energy Ltd (GLAE), will license Highview Power’s cryogenic energy storage technology […]
EQT Private Equity invests in CYE, an Israel-based global cybersecurity leader
EQT is pleased to announce that EQT Private Equity, via its EQT Mid Market Europe fund, has agreed to make a ~USD 100 million growth investment in CYESEC (“CYE” or “the Company”). CYE’s founder and CEO Reuven Aronashvili will retain a significant share in the Company and will continue to lead the Company’s growth journey together with his management […]
Ares Scraps $4.9 Billion Bid for Australia’s AMP
AMP Ltd. may be forced to sell its business in pieces after Ares Management Corp. scrapped a A$6.4 billion ($4.9 billion) bid for Australia’s oldest wealth manager, sending shares tumbling in the latest setback for long-suffering investors reeling from years of scandal. Ares told AMP that it doesn’t intend to proceed with its bid for […]
Randall Farms acquired by private equity firm
The private equity firm Highview Capital LLC announced on Feb. 9 the acquisition of Vernon, Calif.-based Randall Farms. Terms of the deal were not disclosed. The meat company processes and distributes value-added meats, including prepared meals and ready-to-cook products. Currently, Randall Farms products are sold throughout California, the Pacific Northwest, Arizona, Texas, Nevada and New […]
EQT Private Equity exits Flying Tiger Copenhagen
EQT announces that the EQT VI fund (“EQT Private Equity”) exits Flying Tiger Copenhagen (“Flying Tiger” or “the Company”), a Copenhagen-based variety retailer, to Treville, an experienced investor in the consumer sector, after eight years of ownership. Since founder Lennart Lajboschitz in 1988 opened the first store at Islands Brygge, Copenhagen, Flying Tiger has become […]
BlackRock private equity fund eyes £350m Aquila Heywood deal
BlackRock’s Long Term Private Capital vehicle will announce its third acquisition next week, Sky News understands. A private equity fund managed by the world’s biggest institutional investor is close to finalising the takeover of Aquila Heywood, a pensions software provider, in a deal that will trigger windfalls for its bosses. Sky News has learnt that […]
Elaghmore acquires Formaplex
UK Private Equity fund Elaghmore has acquired Formaplex, an integrated manufacturer and supplier of lightweight component solutions to the global automotive, motorsport, aerospace, medical and defence markets. In total, Elaghmore has now made eleven acquisitions, with the Formaplex deal being the second from Elaghmore Fund 1A. Elaghmore first launched its initial fund in December 2016 […]
Fuel-cell truck maker Hyzon to go public via $2.7 billion SPAC deal
Hyzon Motors Inc has agreed to go public through a merger with blank-check firm Decarbonization Plus Acquisition Corp in a deal that values the fuel-cell truck startup at $2.7 billion, it said on Tuesday. The electric vehicle market has seen a surge in companies choosing mergers with special purpose acquisition companies (SPACs) as the route […]
Foresight invests in eCommerce agency Space 48
Foresight Group (Foresight), a listed independent infrastructure and private equity investment manager, has invested in Space 48 Limited (Space 48), a digital eCommerce agency. The eCommerce agency market represented cGBP1.5 billion sales in the UK in 2019 and is projected to continue to grow by 7 per cent annually through 2024. As retailers increasingly focus […]
Brazil’s Raizen to buy Louis Dreyfus sugar and ethanol unit Biosev
Brazil’s Raizen, the joint venture between Royal Dutch Shell Plc and Cosan SA, has agreed to buy Biosev SA, the sugar and ethanol unit controlled by Louis Dreyfus, in a cash-and-stock deal, the companies said on Monday. Raizen will pay 3.6 billion reais ($670.3 million) to Biosev shareholders, who will also receive 3.5% of Raizen […]
