Affiliates of IPI Partners acquire ACDC Holdings
ACDC Holdings (ACDC), the controlling shareholder of SUPERNAP Italia (SUPERNAP), has been acquired by affiliates of IPI Partners (IPI) from affiliates of Accelero Capital Holdings (Accelero Capital). IPI is a private equity firm that invests in data centres and other technology and connectivity-related real assets and is co-sponsored by ICONIQ Capital, LLC and an affiliate […]
Dentons adds Corporate, M&A and Venture Capital partner in Frankfurt
Global law firm Dentons has strengthened its Corporate and M&A practice with the recruitment of partner Dr Gesine von der Groeben who has joined the firm’s Frankfurt office. She will advise on venture capital matters, expanding Dentons’ advisory services for investors, start-ups and founders Von der Groeben has extensive experience in advising on M&A and […]
BGF backs Northern Building Plastics
BGF has invested in Northern Building Plastics to support its growth ambitions Northern Building Plastics is a specialist distributor of high-quality uPVC plastics and building products to trade customers. Led by co-founders, Judah Wilson and Richard Lindop, the business opened its first super depot in Leeds in 2010, followed by a second site successfully opened […]
LDC makes GBP30m minority investment in WCCTV
Mid-market private equity firm LDC has backed Wireless CCTV (WCCTV), a supplier of redeployable surveillance solutions, with a GBP30 million investment for a minority stake The partnership with LDC will accelerate WCCTV’s ambitious domestic and international expansion plans and support the launch of new products and services. Headquartered in Rochdale, Greater Manchester, WCCTV is the […]
Proskauer advises Bessemer Venture Partners on creation of USD3.3bn funds
International law firm Proskauer has advised Bessemer Venture Partners, an American venture capital firm, on the creation of two funds which, in total, raised USD3.3 billion. The BVP XI fund, at USD2.475 billion, will focus on early-stage companies spanning across enterprise, consumer, healthcare, and frontier technologies. The USD825 million Century II fund is designed for […]
Paris Towers Fetch $301 Million as Gulf Firm Bets Big on Europe
Gulf Islamic Investments LLC, a financial services firm that oversees nearly $2 billion, made its largest-ever real estate deal by purchasing a commercial property in Paris as part of what it called rapid investments across Europe. Based in the United Arab Emirates, GII will pay 250 million euros ($301 million) for Altais Towers, comprising two […]
Britain completes 5 billion pound sale of Bradford & Bingley and NRAM
The British government on Friday completed the 5 billion pound ($6.96 billion) final sale of mortgage lenders Bradford & Bingley and NRAM Limited, which were nationalised in the aftermath of the 2008 financial crisis. The sale was approved following a competitive auction process and will see B&B and NRAM, formerly Northern Rock, sold to a […]
London Technology Club participates in Rollick’s USD8.5m fundraise
The London Technology Club (LTC), has invested in Rollick Inc, which operates the GoRollick Powersports, RV, and Boat Buying Program Marketplace, as part of a USD8.5 million fundraising round LTC’s investment is made alongside strategic investors Sandbox Insurtech Ventures and TechNexus, as well as Dallas, Venture Capital and Congress Avenue Ventures. Liveoak Venture Partners, Silverton […]
The SPAC Bubble Is About to Burst
It’s not yet two months old, but 2021 already looks poised to outdo 2020 in one area: SPACs, or special purpose acquisition companies, raised around $26 billion in January this year in the United States, nearly a third of the record $83 billion collected by 248 SPACs over the whole of 2020. These so-called “blank […]
EQT Private Equity to sell Dorner to Columbus McKinnon for an Enterprise Value of USD 485m
EQT is pleased to announce that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Dorner (“the Company”) to Columbus McKinnon Corporation for an Enterprise Value of USD 485m. Founded in 1966 and headquartered in Hartland, WI, Dorner is a leading global provider of high precision conveyor solutions for high […]
