Caban Systems secures £35m in funding from Ember Infrastructure

Caban Systems (Caban), a provider of software-enabled energy storage and management systems for the telecoms industry, has secured investment from Ember Infrastructure (Ember). Ember, a private equity firm supporting businesses that reduce carbon intensity, has agreed to a support package of $35 million for a number of Caban’s growth initiatives as well as Ember to […]

HQ Capital collects $210m to beat target for second co-investment fundraise

HQ Capital has beaten its target for its second co-investment fundraise by reaching a $210m final close. The firm easily passed its $150m goal for Auda Co-Investment Fund II, which will look to build a portfolio of 30 to 35 companies, primarily in North America. Firm CEO Bernd Turk said, “With our co-investment program, we offer […]

Alpine Investors’ Cleo Partners with H.I.G. Capital

Alpine Investors (“Alpine”), a private equity firm focused on software and services businesses, today announced that Cleo Communications (“Cleo”), a global provider of ecosystem integration solutions, is receiving a significant growth investment from an affiliate of H.I.G. Capital (“H.I.G.”), a global private equity and alternative assets investment firm. As part of the partnership, Alpine is […]

UBS, DWS line up final bids for NN’s $1.9 billion asset manager

UBS and German asset manager DWS are pressing ahead with final bids for the asset management arm of NN Group after Europe’s biggest insurers pulled out of the auction, three sources familiar with the deal told Reuters. Prudential Financial Inc and U.S. asset manager Nuveen are also interested in bidding for the unit – known […]

Nottingham software firm lands £500,000 private equity investment

The Robot Exchange has secured a £500,000 investment from private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (MEIF). “Our Robotic Process Automation technology delivers rapid automation of manual and menial tasks, benefitting businesses and their customers, and we deliver a full return on investment for our clients within the first year, […]

Private equity firm buys Gü pudding brand

Private equity firm Exponent has secured a deal to buy dessert brand Gü from Noble Foods for an undisclosed fee. Sky News reported last week that Exponent had offered £150m to buy the pudding brand. The company was bought by Noble Foods in 2010 and has seen particularly strong growth in recent years, hailing 25 […]

H.I.G. Capital Completes Strategic Investment into eHealth

eHealth CEO

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that an affiliate has completed a $225 million strategic minority investment into eHealth, Inc. (“eHealth” or the “Company”) in the form of convertible preferred stock. Scott Flanders, Chief Executive Officer of eHealth commented, “We […]

Record boom in private equity-backed IPOs: is it too risky to invest?

Private equity-owned companies are being taken public at the fastest rate in years, new figures show, as buyout firms look to cash in billions from the global stock market boom. “This is currently the most attractive market I have ever seen for private equity companies to exit via the markets,” said Mondesir. After a phenomenal […]

Audax accumulates $1.9 billion with latest mezzanine debt fund

Audax Group closed its latest mezzanine debt fund, Audax Mezzanine Fund V, at $1.85 billion. The closing well exceeded its original fundraising target of $1.5 billion, a news release said Thursday. The previous fund, Audax Mezzanine Fund IV, closed at its hard cap of $1.2 billion in 2016, above its fundraising target of $1 billion. […]