Sleeping Giant Capital secures $21M
An independent investment firm started by a pair of Western Michigan University professors is making big strides in its first year of operations. Doug Lepisto and Derrick McIver — associate professors of management and co-directors of the Center for Principled Leadership and Business Strategy at the Haworth College of Business at WMU — are co-managing […]
NeXtWind closes on first three wind assets after debut capital raise
NeXtWind, a green independent power producer (IPP) focused on the repowering and lifetime extension of European clean energy assets, has made three strategic investments in wind energy projects in Northern Germany, totaling over $50 million. The acquisitions were made in the first six months after the company’s debut fundraising round, where it secured $100 million […]
Gamut Capital Management and BCI to Invest in PS Logistics
Gamut Capital Management, a New York-based middle market private equity firm, in partnership with British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors, announced they are to invest in PS Logistics. As the largest and fastest-growing flatbed transportation and full-service logistics provider in the United States, PS Logistics employs a “Driver-First” culture […]
Akumin Announces Agreement To Acquire Alliance HealthCare Services
Akumin Inc. (NASDAQ: AKU) (TSX: AKU) (Akumin), a premier provider of freestanding outpatient radiology services in the U.S., announced today that it has entered into an agreement to acquire Alliance HealthCare Services, Inc. (Alliance), a leading national provider of radiology and oncology solutions to hospitals, health systems and physician groups. The transaction, which has an enterprise […]
Private equity firm to increase offer for UDG Healthcare to £2.7bn
The private equity firm Clayton, Dubilier & Rice is to increase its offer for UDG Healthcare to £2.7bn after major shareholders in the Dublin-based company opposed the first bid. CD&R, which is also seeking to take over the UK supermarket chain Morrisons, is “considering a new and final offer” valuing the business at £10.80 a share, […]
Dansk Vækstkapital III ‘s DKK 1.5 Billion (US$240 Millions) Fundraising
Vækstfonden has established Dansk Vækstkapital III with commitments of DKK 1.5 billion. The fund will be managed by Vækstfonden and the purpose is to invest in a broad range of venture capital and private equity funds, and consequently, indirectly invest in Danish growth companies. In addition to Vækstfonden, a total of 29 investors, including the […]
Leta Capital launches third $100m fund targeting UK, European and US-based growth companies
Leta Capital (Leta) has launched its third and largest fund to date, which will invest in excess of USD100 million in UK, European and US-based growth stage software and technology companies over the next three years. The new fund will have a particular focus on supporting East European and Russian-speaking entrepreneurs operating out of international […]
Cybersecurity Illumio just scored $225M in new funding from Thoma Bravo and other investors
Illumio has notched a $2.75 billion valuation and plans to invest heavily in its programming for systems integrators (SIs) and managed security service providers (MSSPs). The Sunnyvale, Calif.-based zero trust segmentation vendor expects to source most of its business through the channel as soon as this year, and is currently enhancing its products to make them more […]
Private equity giant Blackstone ups bid for St Modwen
Private equity giant Blackstone today looked set to win its takeover tussle for warehouse and housebuilder St Modwen Properties with an increased takeover offer of £1.27 billion. It is Blackstone’s seventh offer for the business and, like the previous bid, won the recommendation of the board. Blackstone said it was its final offer and major shareholders Aviva and Aberdeen Standard, with 10% of the company between them, said they would vote […]
EagleTree Capital acquires Integreon from NewQuest Capital Partners
Investment funds managed by EagleTree have acquired Integreon from NewQuest Capital Partners (NewQuest). Integreon will be a new standalone platform investment in the EagleTree portfolio, and Integreon’s operations, management team and personnel will remain unchanged following the EagleTree investment. “EagleTree has a long history of investing in companies considered to be best-in-class in their respective […]
