Private Equity Wire Newsletter

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NEWSLETTER | 20 Oct 2020

Tue | 20 Oct 2020, 12:14

Tech-focused private equity firm Thoma Bravo is to acquire a controlling interest in AxiomSL, a provider of cloud-enabled risk management and regulatory solutions for banking, investment management, broker dealers and commodity trading institutions.

Tue | 20 Oct 2020, 12:14

A surge in deal activity over the next few months is being predicted by private equity house WestBridge, as business owners seek to realise and de-risk their assets ahead of widely anticipated changes to the Capital Gains Tax (CGT) regime in the next budget.

Tue | 20 Oct 2020, 12:14

Aurelius Equity Opportunities SE & Co has agreed to acquire GKN Wheels & Structures from GKN. The transaction is expected to complete in November and is conditional on receiving anti-trust approval.

GI Partners to acquire Vast Broadband

Tue | 20 Oct 2020, 12:14

Vast Broadband (Vast), a provider of gigabit-speed broadband, video, and phone in South Dakota and Minnesota, is to be acquired by GI Partners, a US-based investor in data infrastructure businesses, in partnership with industry veteran Rich Fish.

Kainos Capital to acquire Nutrisystem

Tue | 20 Oct 2020, 12:14

Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, is to acquire Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health for USD575 million.

CapVest acquires Datasite

Tue | 20 Oct 2020, 12:14

Funds managed by CapVest Partners (CapVest), an international private equity firm, have agreed to acquire Datasite Global Corporation (Datasite), a global Software-as-a-Service (SaaS) provider across the deal lifecycle.

Tue | 20 Oct 2020, 12:14

Gen II Fund Services (Gen II), an independent private equity fund administrator, has appointed Robert Caporale as Head of Strategic Business Development. Caporale, a fund administration and alternative investments executive, will focus on developing strategic client partnerships and acquisition opportunities.

Earth Capital adds to investment team

Tue | 20 Oct 2020, 12:14

Sustainable investments specialist Earth Capital has extended equity ownership of the business and reshaped its European investment team as demand for impact investment soars, driven principally by increasing concerns about climate change.

Tue | 20 Oct 2020, 12:14

Prometheus Group, a global provider of asset management operations and optimisation software, has acquired Utopia Global, a data solutions company known for its end-to-end data quality, data migration and data governance solutions.

Tue | 20 Oct 2020, 12:14

Gulf Capital has acquired a significant majority stake in the CWB Group (CWB), an intellectual property services provider across the Middle East and North Africa (MENA).

Tue | 20 Oct 2020, 12:14

Pimloc, a visual privacy and security company, has closed GBP1.4 million in new financing in a seed funding round led by Amadeus Capital Partners with participation from Speedinvest and existing shareholders.

Tue | 20 Oct 2020, 12:14

SDCL Energy Efficiency Income Trust (SEEIT), the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, has agreed to acquire a 100 per cent interest in Värtan Gas Stockholm AB (VGSAB), the ultimate owner of the established, operational and regulated gas distribution network for Stockholm, Sweden, involving an equity investment of approximately GBP100 million.

Tue | 20 Oct 2020, 12:14

Mid Europa Partners, a private equity investor focused on Central and Eastern Europe, is to sell 24 per cent of the issued share capital in Waberer’s International Nyrt (Waberer’s) to Trevelin Holding Zrt (Indotek).

Tue | 20 Oct 2020, 12:14

Tikehau Capital, an alternative asset management and investment group, has appointed Carmen Alonso as Head of the United Kingdom and Peter Cirenza is promoted to Chairman of the United Kingdom as well as Chairman of Tactical Strategies.

Tue | 20 Oct 2020, 12:14

Topas Therapeutics (Topas), a Hamburg, Germany-based private platform company leveraging the natural immune tolerance induction capabilities of the liver, has closed a EUR22 million (~USD26 million) Series B financing round.