Peloton Capital, KKR, and Heartland Dental support strategic merger of 123Dentist and Altima Dental
123Dentist, Altima Dental, and Lapointe Group have entered into a merger agreement to create one of the largest dental support organisations in Canada, with nearly 350 supported dental practices. The transaction is being financed through equity capital provided by 123Dentist’s existing financial partner, Peloton Capital Management; new investors KKR, a leading global investment firm, and […]
Cinven holds final close of inaugural Strategic Financials Fund at €1.5B
International private equity firm, Cinven, has held the final close of its inaugural Strategic Financials Fund (SFF) with €1.5 billion of total capital commitments. The SFF builds on Cinven’s leading financial services investment platform in Europe with an investment strategy focused on areas where Cinven has developed significant investment expertise, such as life and non-life […]
Private equity funds emerging as major financiers for critical mineral projects
Private equity funds are emerging as a major financing source for new critical minerals projects, with traditional bank financiers taking a lesser role as risk perception grows, members of the UK’s Critical Minerals Association said. Traders, streamers, off-takers and end-users who are anxious to secure supplies of critical minerals including lithium, cobalt, nickel, silicon, niobium, […]
OMERS Private Equity announces agreement to acquire Network Plus from Livingbridge
OMERS Private Equity announced that it has entered into an agreement with management shareholders and Livingbridge to acquire Network Plus, a leading utility and infrastructure repair and maintenance service provider in the UK. OMERS Private Equity invests on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada. […]
Hg invests in Ideagen
Ideagen, a specialist in compliance software for regulated industries, has secured an investment from Hg, a leading software and services investor. Established in 1993 and headquartered in Nottingham, UK, Ideagen’s software helps companies comply with regulation and manage risk. It is a leader in the $30 billion-plus regulatory and compliance software sector, serving highly regulated […]
Apera closes second private debt fundraising at €1.27B
Apera Asset Management, a pan-European mid-market private debt investor, is pleased to announce the successful completion of the fundraising of Apera Private Debt Fund II (“Fund II”) and associated vehicles, raising total investible capital of €1.27bn. Apera’s Private Debt strategy focuses on senior secured unitranche financings across Europe. The raised capital exceeds the initial target […]
Motive Partners raises $2.5B
Motive Partners, a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2, with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles. The Fund employs the same investment strategy executed in Motive Partners’ inaugural flagship […]
One Equity Partners acquires Fortaco Group
Funds managed by CapMan Buyout are to sell their holdings in Fortaco Group, a strategic partner to the heavy off-highway equipment and marine industries offering technology, vehicle cabins, steel fabrications, and assemblies to global OEMs, to private equity firm One Equity Partners. One Equity Partners will support the further development of the current and new […]
Klarna’s down round is early indicator of pain in private markets
Private equity is set to play a bigger role in fintech, writes Professor Florin Vasvari, Academic Director at the Institute of Entrepreneurship and Private Capital at the London Business School. For a while fintechs looked invincible: overcoming all hurdles and attracting mega rounds of funding. However, the news that Klarna’s value has been slashed from […]
Early Xiaomi Backer raises $3.2 Billion as China VCs bounce back
Qiming Venture Partners raised $3.2 billion across two funds in the latest signal of a potential resurgence in Chinese venture capital investment. The firm closed its oversubscribed USD Fund VIII at $2.5 billion and also raised roughly $700 million in a yuan-denominated fund, both aimed at supporting startups in technology, consumer and health-care sectors. Qiming […]
