Private Equity Wire Newsletter

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NEWSLETTER | 2 Sep 2020

Wed | 2 Sep 2020, 13:29

Munich Private Equity Partners (MPEP) has started fundraising for its fourth private equity program, MPEP IV, which offers institutional investors the opportunity to invest in two pre-built private equity fund portfolios.

Wed | 2 Sep 2020, 13:29

PasarPolis, an insurance technology firm in Southeast Asia (SEA), has closed a heavily oversubscribed Series B funding round. The investors invested and committed a total of USD54 million, which will be used to support the company’s growth plan.

Wed | 2 Sep 2020, 13:29

Baird Capital's global private equity team has invested in Blue Matter Consulting (Blue Matter), a strategic consulting firm serving the life sciences industry. Financial details of the deal have not been disclosed.

Wed | 2 Sep 2020, 13:29

Join leading practitioners and colleagues at the PEWlive Europe Digital Summit (2-3 Sep) as we uncover and resolve the operational issues facing GPs in an increasingly competitive marketplace.

LDC-backed MSQ Partners completes GBP20.6m public to private acquisition

Wed | 2 Sep 2020, 13:29

The Manchester team at LDC, a mid-market private equity investor, has provided GBP6 million of follow on funding to enable portfolio company MSQ Partners’ acquisition of the Be Heard Partnership.

Wed | 2 Sep 2020, 13:29

Squla (Futurewhiz), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Scoyo, an online learning platform for primary and secondary school students in the German market.

Wed | 2 Sep 2020, 13:29

Private equity-backed soft drinks manufacturer Clearly Drinks is to invest in a new canning facility at its Sunderland headquarters following support from NorthEdge.

Wed | 2 Sep 2020, 13:29

Pemberton, an asset manager backed by one of Europe’s largest insurers, Legal & General Group, is supporting Advent International’s acquisition of a majority stake in Hermes UK, a consumer delivery company, with the provision of debt financing, together with Goldman Sachs Merchant Banking Division and PSP Investments.

Wed | 2 Sep 2020, 13:29

Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning, Inc by Astar Heating and Air, a Dubin Clark portfolio company.

Kinderhook Industries announces USD460m recapitalisation of Kinderhook Capital Fund III

Wed | 2 Sep 2020, 13:29

Kinderhook Industries (Kinderhook), a private equity firm specialising in middle-market control investments in the healthcare services, environmental/business services and automotive/light manufacturing sectors, has successfully completed a recapitalisation of Kinderhook Capital Fund III, a $300 million committed capital, 2009 vintage fund.

Wed | 2 Sep 2020, 13:29

IQ-EQ has acquired Conseil Expertise & Synthese (CE&S), an independent accounting business based in Paris. This latest acquisition, the firm's second in 2020, adds further scale and a strong client book to its French operations enabling is to offer an extensive suite of funds, corporate and private wealth services.

Wed | 2 Sep 2020, 13:29

Addleshaw Goddard has advised artificial intelligence cardiovascular disease specialist GEN inCode UK Limited, on its GBP3 million institutional foundation fundraise from Maven Capital Partners and Downing LLP.

Wed | 2 Sep 2020, 13:29

Intertrust, a specialist in providing tech-enabled fund and corporate solutions, has reached a binding agreement to acquire the corporate services business of India-based Sameer Mittal & Associates.

Wed | 2 Sep 2020, 13:29

Humatica, a private equity specialist adviser has teamed up with DotProjects to offer its services and local support in Asia.

CIL appoints new partner to lead North American operations

Wed | 2 Sep 2020, 13:29

CIL Management Consultants has appointed Axel Leichum as lead partner for North America.

Wed | 2 Sep 2020, 13:29

Clir Renewables, a provider of performance assessment software for wind energy, has supported Elemental Energy, a major renewable energy developer and investor, in an M&A consideration by analysing renewable energy assets ahead of acquisition.