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Category: Portfolio Company News

Crosslantic’s Hakle to be bought by management – report

Tissue manufacturer Hakle, a portfolio company of Germany-based Crosslantic Capital, is to be acquired by managing director Volker Jung, according to a report from Lebensmittel Zeitung.

MML supports Arrow’s acquisition of Click Networks

MML Capital Partners has supported portfolio company Arrow Business Communications in its acquisition of Click Networks.

Santander spins its $400m FinTech venture arm into Mouro Capital

Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big

Benford Closes First Fund

Benford Capital Partners has held a final closing of its inaugural private equity investment fund, Benford Capital Partners Fund I LP. The new fund closed with total limited partner commitments of $130 million, markedly above

AUA Enter Pet Products Sector

AUA Private Equity has acquired the Rhode Island Textile Company, dba Westminster Pet Products, a developer and marketer of pet treats, chews, and supplies. Westminster’s private label and branded products, sold under the RUFFIN’ IT

US pension fund predicts quick rebound in its private equity portfolio

The portfolio of Massachusetts Pension Reserves Investment Management Board fell 8.3% in value on Covid-19 fallout, but the pension system expects it to recover that and more

Bridgepoint sells majority stake in 2019 investment Miya Group to Antin Infrastructure

Antin Infrastructure Partners has bought a majority stake in Portugal's biggest private water operator from Bridgepoint after just over 18 months in the latter's portfolio.

Riverside-backed GermanPersonnel acquires Evint

Recruitment software company GermanPersonnel, a portfolio company of Riverside Europe (the European arm of US-based sponsor The Riverside Company), has acquired HR software business Evint.

Avedon’s SLF acquires STI Bearings

Avedon Capital portfolio company Spindel- und Lagerungstechnik Fraureuth (SLF) has acquired Germany-based market peer STI Bearings via an asset deal.

Waburg Pincus makes ‘significant’ investment in Vista Equity Partners portfolio business Infoblox

Warburg Pincus has made a "significant" investment in Vista Equity Partners portfolio business Infoblox.

Bertram Acquires Senior Living Media

Spectrio, a portfolio company of Bertram Capital, has acquired Senior Living Media from the Osborn Company. Senior Living Media (SLM) is a provider of specialized content and graphics – digital signage, social media, newsletters, calendars,

Main Street Continues Precision Metal Build

Compass Precision, a portfolio company of Main Street Capital, has acquired Gray Manufacturing Technologies. Gray Manufacturing is a maker of precision metal components specializing in multi-axis machining, testing, and assembly. The company’s components are used

GI Closes Data Infrastructure Fund

GI Partners has held a final closing of its inaugural Data Infrastructure Fund LP, with $1.8 billion in capital. The new fund was oversubscribed and beat its target of $1.25 billion. Investors in the Data

Waterland’s Netgo bolts on CSM MeinSystemhaus

Netgo, a portfolio company of Waterland Private Equity, has acquired Germany-based IT service CSM MeinSystemhaus.

GP Profile: ArchiMed

Following the close of its new €1bn fund, ArchiMed chair and founding partner Denis Ribon talks to Alessia Argentieri about the fundraising and investment strategy of the firm's latest vehicle, as well as portfolio management

H.I.G.’s Circle Graphics Acquires Bay Photo

Circle Graphics, a portfolio company of H.I.G. Capital, has acquired Bay Photo. Bay Photo is a provider of photographic prints and photo finishing services to professional photographers, artists, and other third-party channel partners. The company’s

Argonaut Forms American Cementing, Buys BJ Assets

Argonaut Private Equity has acquired the cementing services business of BJ Services which filed for bankruptcy in July 2020 after failing to reach an agreement with its lenders. Tomball, Texas-based BJ Services is a provider

PSP Adds Jacknob to E.B. Bradley

E.B. Bradley, a portfolio company of PSP Capital Partners, has acquired Jacknob, a provider of bathroom hardware and accessories. PSP, a family-controlled private investment firm founded by former U.S. Secretary of Commerce, Penny Pritzker, acquired

Waterland’s Enreach bolts on HeroBase

Enreach – a portfolio company of Waterland Private Equity formed via the merger of Swyx, Voiceworks and Centile Telecom Applications in 2018 – has acquired Denmark-based cloud contact centre software company HeroBase.

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