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Month: September 2020

EQT sells Altus Intervention to management

EQT has sold its portfolio company Altus Intervention, a Denmark-based provider of well intervention services, to the management of the company.

Borromin-, Kempen-backed Wilvo acquires GFM

Sheet metal parts producer Wilvo, a portfolio company of Borromin and Kempen Capital, has acquired Netherlands-based turning and milling components producer GFM.

British Business Investments commits €75m to Isomer II

British Business Investments has made a €75m commitment to fund-of-funds Isomer Capital II.

Remote work technology fuels deal activity during pandemic

Miro Parizek, from advisory firm Hampleton expects robust activity in the H2 this year, as corporate and private equity buyers 'jockey for position in the new, post-pandemic business environment'

Nord Holding acquires majority stake in HG Medical

Nord Holding has acquired a majority stake in Germany-based orthopaedic surgery implant manufacturer HG Medical.

Gradiente buys Arcansas

Private equity firm Gradiente has acquired Arcansas, an Italian manufacturer of profiles for walls and floors.

Goldman Sachs sends senior staff ‘invitation’ to get back to the office

The US bank has offered a suite of perks to staff working in its London offices, including protective gear, free food, and access to an on-site nursery

Nordic Capital buys Siteimprove in first deal for latest fund

Nordic Capital has acquired a 70% stake in website and digital marketing software provider Siteimprove.

BGF invests £15m in Yorkshire Wildlife Park

BGF has invested £15m in safari parks company Yorkshire Wildlife Park.

BlackRock-backed THG to launch £920m IPO

BlackRock-backed online retailer The Hut Group (THG) has confirmed its intention to proceed with an initial public offering to raise gross proceeds of around £920m.

Tectonic Ventures eyes up to $75m for second fundraise

Tectonic Ventures is back in the fundraising market looking to raise up to $75m for its sophomore investment vehicle.

Mezzanine Management sells MBL to INVL

Mezzanine Management has sold its minority stake in MBL Group, a manufacturer of medical mobility devices, as part of a sale for the business to INVL Baltic Sea Growth Fund.

Munich Private Equity Partners races back to fundraising market two months after closing €162m Fund III

Munich Private Equity Partners has made a rapid return to fundraising for a new flagship fund of funds, just a couple of months after wrapping up its predecessor vehicle.

UK government to tell millions of Brits to go back to offices

The government is rolling out its 'All in, all together' campaign next week

Oil price and Covid-19 push EQT to exit Altus Intervention

The firm invested in the Norwegian company in 2014

Harvard-collaborating seed investment firm Xfund seals $120m Fund III close

Xfund - the early-stage firm launched by a clutch of the biggest venture capital firms in the US - has sealed a successful $120m fund close for its third flagship investment vehicle.

I Squared completes $158.5m sale of Peruvian power infrastructure pair to trade buyer ISA Peru

I Squared Capital has completed the $158.5m sale of Peruvian power infrastructure players Etenorte and Eteselva to trade buyer ISA Peru.

BFG Partners sells Birch Benders to Advent portfolio business Sovos Brands

BFG Partners, a venture capital firm specializing in early-stage food, beverage and consumer products, has sold Birch Benders to Sovos Brands, a food company backed by private equity firm Advent International.

Pathway Capital boosts speciality finance team with double hire

Specialist lender Pathway Capital has boosted its team with the hires of Bobby Turner and Manny Singh.

Atalaya Capital provides new $200m financing, credit facility to LendingUSA

Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.

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