BGF successfully exits investment in Cennox
BGF has exited its investment in Cennox – a provider of services to the ATM sector. The business has been acquired by US-based investment firm, York Capital. BGF first invested £3 million in Cennox in June 2012 and subsequently put in three follow-on rounds into the business, taking total investment to £17 million. BGF’s investment […]
Spring Lane Capital invests US $20M in Seven Generation Capital
Spring Lane Capital, a private equity firm focused on providing catalytic project capital for sustainability solutions in the energy, food, water and waste industries, announced today a project equity commitment by its private fund to 7 Generation Capital (“7Gen”), a developer of commercial electric vehicle (“EV”) projects focused on commercial fleets. The $20M equity investment […]
Africa Renewable Energy Fund II secures €125 million first close with SEFA and CTF investments
The Africa Renewable Energy Fund II has achieved its first close at €125 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank (www.AfDB.org). AREF II, a successor to the original Fund, is a 10-year closed-ended renewable energy Private Equity […]
SGD Pharma to be sold to private equity firm
French pharmaceutical glass manufacturer SGD Pharma is be sold to a European private equity organization. SGD Pharma’s owners China Jianyin Investment (JIC) are in final negotiations with PAI Partners over the deal. Christophe Nicoli, Chief Executive Officer of SGD Pharma, says: “By investing in cutting-edge manufacturing technologies, in taking the lead on sustainability and through constantly improving the service […]
Growthdeck Closes £1.1m Fundraise For High-End Restaurant Delivery Service Supper
Private equity investment firm Growthdeck has closed a £1.1m fundraise for SUPPER, the premium London restaurant delivery service. In the next month Growthdeck is also aiming to raise an additional £500,000 to take the total to £1.6m. SUPPER will use the capital raised by Growthdeck to expand its operations in London. It aims to increase […]
Neo4j Announces $325 Million Series F Investment, the Largest in Database History
Neo4jⓇ, the leader in graph technology, announced today a Series F funding round as part of a $325 million investment led by Eurazeo (RF:PA) with participation from GV (formerly Google Ventures). Today’s transaction represents the largest investment in a private database company and raises Neo4j’s valuation to over $2 billion. “Databases constitute the largest single market in enterprise software, with growth centered […]
Frontline Education Has Acquired Hayes Software Systems
Frontline Education, a leading provider of K-12 school administration software, today announced that it has acquired Hayes Software Systems (Hayes) from Transition Capital Partners (TCP). Hayes Software Systems, including TIPWeb-IT, TIPWeb-IM, and GetHelp, provides solutions for asset management and inventory control with integrated help desk capabilities for K-12 schools. Financial details of the transaction were not disclosed. […]
EQT to sell Aldevron to Danaher Corporation for enterprise value of $9.6 billion
EQT is pleased to announce that the EQT VIII fund (“EQT Private Equity”) has agreed to sell Aldevron to Danaher Corporation for an enterprise value of $9.6 billion. EQT Private Equity acquired a majority interest in Aldevron in 2019, investing alongside TA Associates, founders, and management. Kevin Ballinger, CEO of Aldevron, commented, “Genetic medicine is […]
McGraw-Hill to Be Acquired by Private Equity Firm for $4.5 Billion
The education and publishing giant McGraw Hill will be acquired by a private-equity firm that has a deep stake in a diverse array of industries, in a deal valued around $4.5 billion. Platinum Equity, a California-based firm headed by billionaire Tom Gores, has agreed to buy McGraw Hill from Apollo Global Management Inc, the two companies announced Wednesday. […]
Acquisition vehicle EverArc to buy U.S.-based Perimeter Solutions in $2 billion deal
EverArc, a London-listed acquisition vehicle, has agreed to buy U.S.-based firefighting products maker Perimeter Solutions as part of a reverse takeover valued at $2 billion, it said on Wednesday. The British Virgin Islands-based company said the deal would see Perimeter becoming part of a newly-formed Luxembourg company called Perimeter Solutions S.A. which will be listed […]
