Accenture completes acquisition of Sentia in the Netherlands, Belgium and Bulgaria
Accenture has completed its acquisition of Sentia’s businesses in the Netherlands, Belgium and Bulgaria. Headquartered in the Netherlands, the Sentia group provides cloud advisory and delivery services spanning hybrid and multi cloud strategy, cloud transformation and migration. The acquisition, previously announced on August 2, adds more than 300 cloud specialists to Accenture Cloud First, bolstering Accenture’s capabilities […]
SK Capital Partners and Edgewater Capital Partners announce acquisition of Saint-Gobain’s crystals business
Funds advised by SK Capital Partners, LP and Edgewater Capital Partners, LP, private investment firms focused on the specialty materials and specialty chemicals sectors, today announced having entered into exclusive negotiations following submission of their binding offer to acquire the scintillation and photonic crystals business of Saint-Gobain, S.A.. SK Capital will lead the investment with […]
Software firm Corcentric, SPAC North Mountain end $1.2-billion deal
Software firm Corcentric and blank-check firm North Mountain Merger Corp said on Monday they would terminate their $1.2-billion merger deal, in yet another sign that the SPAC boom has fizzled out. The De-SPAC Index, which tracks the performance of 25 companies that went public after merging with SPACs, is down nearly 60% so far this […]
Permira Funds and the Marcucci family complete investment in Kedrion and BPL
Funds advised by Permira, in partnership with the Marcucci family and supported by their co-investors, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Ampersand Capital Partners, have completed the joint acquisition and combination of Kedrion and BPL, alongside Kedrion’s existing shareholders, including FSI and CDP Equity and other minority investors. The business […]
Apex Group to acquire VC fund services provider Mainspring Global
Apex Group has acquired Mainspring, a UK-based provider of venture capital fund administration and accounting services. The addition of Mainspring adds 70 employees in two UK offices, and assets under administration (AuA) of £9.7 billion to Apex Group. This is comprised of £3.7 billion on Mainspring’s Investment Platform which provides private markets funds and deal […]
Platinum considers $1 Billion Canadian Logistics firm sale
US private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter. Livingston, Canada’s largest customs broker, may attract interest from other investment funds, the people said, asking not to be identified because the matter is private. A […]
Stafford Capital Partners holds final close of fourth infrastructure secondaries fund
Stafford Capital Partners (Stafford) has held the final close of Stafford Infrastructure Secondaries Fund IV (SISF IV) with the €731 million in commitments from 33 investors across 13 countries, making it the firm’s largest fund to date. Alongside these commitments, Stafford raised an additional £100 milion managed account for geographically focussed infrastructure secondary transactions. With […]
Canada’s top pension funds plan infrastructure investments in Germany
The largest pension funds in Canada, with assets under management of over €766bn, plan to step up investments in Germany following a meeting with German chancellor Olaf Scholz and vice-chancellor Robert Habeck last week during a three-day visit. Caisse de dépôt et placement du Québec (CDPQ), with total assets worth C$392bn as of June this […]
Inflexion’s Phenna valued at over £1B through sale to Oakley Capital
Inflexion has scored a strong exit of testing and inspection business Phenna through a £1bn-plus sale to fellow private equity investor Oakley Capital. The sale comes less than two years after Inflexion picked up Phenna through its £1bn Partnership Capital II fund, which is dedicated to minority investments. The sale is the first exit for […]
Thoma Bravo seals $3.7B Frontline Education sale to Roper Technologies
Thoma Bravo, a leading software investment firm, today announced it has signed a definitive agreement to sell Frontline Education, a leading provider of administration software purpose-built for educators in K-12, to Roper Technologies, in an all-cash transaction that values Frontline at approximately $3.7bn. The exit follows a five-year partnership between Thoma Bravo and Frontline during […]
