3Phase Elevator, a portfolio company of Fort Point Capital, has acquired Low Rise Elevator. Low Rise is based near Philadelphia in Lima, Pennsylvania and provides maintenance, repair, and modernization services to customers in the Philadelphia
According to a new report from Lincoln International, as the initial shockwaves of the global pandemic subside, both middle market private equity firms and lenders have proven supportive as portfolio companies navigated the financial challenges
Forensic Engineering Services, a portfolio company of Trinity Hunt Partners, has acquired Scientific Analysis. Scientific Analysis (SAI) is a provider of forensic engineering services used in accident reconstruction. The company provides a range of investigation,
Alco Manufacturing, a portfolio company of MiddleGround Capital since July 2018, has acquired Manth-Brownell. Manth-Brownell is a manufacturer of machined components used in the electrical connector, fluid power, industrial, appliance, safety, and aerospace end markets.
Omaha-based McCarthy Capital has held a final, oversubscribed, and above target closing of McCarthy Capital Fund VII LP with $535 million of capital. The firm’s earlier fund, McCarthy Capital Fund VI LP, closed in April
Patient Square Capital has been launched in Menlo Park, California by Jim Momtazee and Maria Walker. Patient Square will invest across the health care industry with a specific interest in technology-enabled services, biopharmaceuticals, pharmaceuticals, medical
The fund's active portfolio management team helped mitigate losses in stocks and bonds - but markdowns in real estate values hit hard
Lightspeed India Partners has reportedly bagged $275m from LPs in a new venture fund aimed at supporting early-stage startups in the world's second-largest internet market.
Phil Davis is expected to help the Africa-focused firm expand its sustainability and responsible business practices
The California pension fund’s board is searching for a successor to Ben Meng, while another state body investigates conflict-of-interest allegations.
Laxman Pai, Opalesque Asia: While Europe showed resilience in Q2 2020, there is growing concern that the venture capital (VC) market in Europe could see large impacts in Q3'20 given the widespread effect of COVID-19
Global growth equity firm General Atlantic has invested into fitness and apparel brand Gymshark, valuing the business at £1bn.
A string of UK private equity houses are part of a new initiative to help fight what it describes as the chronic under-representation of black talent in British financial institutions.
Following an intensive period of oversight over portfolio companies, FPE Capital is now gearing up to begin making investments again in the technology sector, moving into exclusivity on a deal. By Katharine Hidalgo
TSG Consumer Partners has made an investment in American Technologies, the nation’s largest family-owned and operated restoration contractor. American Technologies (ATI) was founded in 1989 by CEO Gary Moore and as part of this transaction
Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.
MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. The buy of Dura is MiddleGround’s sixth platform acquisition in its first fund which closed in August 2019. Dura Automotive
