Event
Capza acquires Time for Growth

Capza acquires Time for Growth

Capza has acquired Paris-based growth investment firm Time for Growth as part of the expansion of its investment strategy into growth technology and the upcoming launch of its Growth Tech fund.

Appointments
BMO appoints Baxter and Burnet to board

BMO appoints Baxter and Burnet to board

BMO Private Equity Trust has appointed Audrey Baxter and Tom Burnet to its board.

Software and Hi-Tech
BCP heads for Fund II close, plans two more deals in 2020

BCP heads for Fund II close, plans two more deals in 2020

Frankfurt-headquartered Beyond Capital Partners (BCP) is looking to make two further deals before the end of 2020 from its latest fund and will make a number of add-ons for newly acquired optician chain Ounda, managing

Manufacturing and Industrial
Black Toro sells Farggi Menorquina to Cheyne

Black Toro sells Farggi Menorquina to Cheyne

Barcelona-based private equity firm Black Toro Capital has sold ice cream manufacturer Farggi Menorquina to minority shareholder Cheyne Capital, Unquote understands.

Software and Hi-Tech
Two thirds of PE professionals expect reduction in carry – survey

Two thirds of PE professionals expect reduction in carry – survey

Two of thirds of private equity professionals surveyed by PER expect a reduction in carried interest values in the next 6-12 months.

Software and Hi-Tech
Beyond Capital Partners acquires Ounda

Beyond Capital Partners acquires Ounda

Beyond Capital Partners (BCP) has announced its acquisition of a 90% stake in Germany-based optician chain Ounda, an operating company used to acquire 20 opticians in Germany.

Event
Monterro buys RegTech company Trapets

Monterro buys RegTech company Trapets

Swedish private equity firm Monterro has acquired Stockholm-based regulatory technology company Trapets.

Manufacturing and Industrial
UK needs to prepare for 1980s levels of unemployment, says Alistair Darling

UK needs to prepare for 1980s levels of unemployment, says Alistair Darling

The former chancellor that the government should look at a range of options, including training and retraining for sectors that are hardest hit, like the aviation and the hospitality sector

Fintech and Finance
Carlyle gets into the reinsurance business with purchase from AIG

Carlyle gets into the reinsurance business with purchase from AIG

Fortitude Re, of Bermuda, has more than $40bn in invested assets and about $35bn in reserves

Software and Hi-Tech
TPG in Talks to Acquire Goal, the Soccer Website, for $125 Million

TPG in Talks to Acquire Goal, the Soccer Website, for $125 Million

DAZN Group is in final stage talks to sell the popular soccer website Goal.com to the investment firm TPG as it raises cash for its money-losing sports streaming platform.

Software and Hi-Tech
401(k) Plans Move a Step Closer to Pooling With Private Equity

401(k) Plans Move a Step Closer to Pooling With Private Equity

New guidance from the Labor Department clarified how retirement plans could put money in the hands of private equity funds.

Add-on
MiddleGround Builds Specialty Metals Platform

MiddleGround Builds Specialty Metals Platform

MiddleGround Capital has completed the acquisition of Supra Alloys and EDGE International from Titan Metal Fabricators. Post-closing, the two businesses will be combined with Banner Industries, a processor and distributor of metal bar products that

All Transactions
Arcline Grinds Away

Arcline Grinds Away

Arcline Investment Management has acquired Glebar Company from its management shareholders led by Chairman and former CEO Adam Cook. Glebar manufactures and services micromachining, centerless grinding and electrochemical grinding systems used in the production of

All Transactions
H.I.G. Invests in Specialty Chemical Maker

H.I.G. Invests in Specialty Chemical Maker

H.I.G. Capital has made an investment in USALCO, a provider of specialty chemicals. The investment in USALCO is H.I.G.’s tenth current platform in the chemical sector. USALCO (United States Aluminate Company) is a manufacturer of

All News
Mike Kay Joins Angeles Equity

Mike Kay Joins Angeles Equity

Angeles Equity Partners has added Mike Kay to its team as a new operating partner. Mr. Kay has experience across multiple industrial sectors, including automotive, aerospace and defense. Before joining Angeles Equity, Mr. Kay was

Fintech and Finance
Banks return to staff-culling plans they previously promised to pause during pandemic

Banks return to staff-culling plans they previously promised to pause during pandemic

Deutsche Bank, Credit Suisse and HSBC pledged to pause headcount cuts in the height of the pandemic, but now are likely to forge ahead

Banking Profiles
Summit Partners invests in Swiss software provider

Summit Partners invests in Swiss software provider

Appway's key customers include Credit Suisse, HSBC, JP Morgan and Deutsche Bank

All News
KKR Raises $4 Billion for Special Credit Opportunities

KKR Raises $4 Billion for Special Credit Opportunities

KKR has raised $4 billion in new capital to invest in credit opportunities created by the recent market volatility. The new capital includes $2.8 billion through its KKR Dislocation Opportunities Fund LP and just over

Add-on
AEA Closes Seventh Pexco Add-On

AEA Closes Seventh Pexco Add-On

Pexco, a specialty plastics extruder and a portfolio company of AEA Investors, has acquired Exlon Extrusion. Exlon is an extruder of plastic tubing with a specialization in high-performance polymer products including custom and proprietary lines

Fintech and Finance
NFA permanently bars former Winter Park, Fla. commodity trading advisor Fintech Investment Group, Inc. and its former principal Alan Friedland from membership

NFA permanently bars former Winter Park, Fla. commodity trading advisor Fintech Investment Group, Inc. and its former principal Alan Friedland from membership

Opalesque Industry Update - NFA has permanently barred Fintech Investment Group, Inc. (Fintech), a former NFA Member commodity trading advisor and forex firm located in Winter Park, Fla., and its former sole principal and associated

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