Private Equity Wire Newsletter

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NEWSLETTER | 3 Feb 2021

Wed | 3 Feb 2021, 11:52

PSG, a growth equity firm partnering with lower middle-market software and technology-enabled service companies, has closed PSG Europe, the firm’s debut Europe-focused fund, with EUR1.25 billion in limited third-party partner commitments.

Wed | 3 Feb 2021, 11:52

Investments into the online healthcare sector soared in 2020, supercharged by Covid-19. According to the research data analysed and published by Finaria, the total digital health funding in 2020 amounted to USD21.6 billion. VC funding led with a total of USD14.8 billion across 637 deals, a 66 per cent year-over-year (YoY) uptick.

Wed | 3 Feb 2021, 11:52

Catalio Capital Management (Catalio), a multi-strategy life sciences investment firm, has launched a Credit Opportunities strategy to expand the scope of the firm’s investments across the biomedical technology industry and meet the growing demand for non-dilutive growth capital within the sector.

Wed | 3 Feb 2021, 11:52

The Carlyle Group and Brighton Park Capital are to acquire minority stakes in Indegene, a Bangalore-headquartered enterprise healthtech solutions provider, for USD200 million.

Loanpal secures USD800m-plus in first external investment round

Wed | 3 Feb 2021, 11:52

Loanpal, America's number one point-of-sale payment platform for sustainable home solutions, has closed its first external investment round at more than USD800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings and private investors.

Wed | 3 Feb 2021, 11:52

The Carlyle Group has agreed to increase its shareholding in VARO Energy, an energy company active in North West Europe.

Wed | 3 Feb 2021, 11:52

Carey Olsen's investment funds team in Guernsey, together with the Guernsey funds team of global investor services group IQ-EQ, have advised Queen's Park Equity (QPE) on the successful launch of its debut fund Queen's Park Equity Partners I, which closed at its hard cap of GBP185 million and was raised entirely during the coronavirus (Covid-19) pandemic.

Wed | 3 Feb 2021, 11:52

Alliance Etiquettes, a French specialist in label printing for the wine and spirits industry, has acquired Etiq’Etains, a specialist in the pewter label printing market in France.

Wed | 3 Feb 2021, 11:52

Bot MD, an AI healthcare company based in Singapore, has closed a Series A round of USD5 million led by Monk’s Hill Ventures.

SujiBFR secures six-figure investment

Wed | 3 Feb 2021, 11:52

SujiBFR, a health and fitness startup based in Edinburgh, has received a six-figure investment to support the development of a smart fitness device that can dramatically reduce pain and increase muscle strength during exercise.

Wed | 3 Feb 2021, 11:52

Funds advised by Permira Debt Managers (PDM), a specialist debt investor, are acting as senior secured lender to the new investment by The Carlyle Group in Jagex, an independent video game developer in the UK.

Wed | 3 Feb 2021, 11:52

Everberg Capital (Everberg), a structured capital fund focused on investing primarily in the US middle market, has closed a significant preferred equity investment supporting Two Sigma Impact and BayPine’s investment in Penn Foster, a workforce education platform for middle-skilled workers.

Cosworth acquires Delta

Wed | 3 Feb 2021, 11:52

Global technology business Cosworth is to acquire Delta, a Silverstone-based developer of battery and vehicle dynamics control systems.

Wed | 3 Feb 2021, 11:52

Eurazeo PME has supported UTAC CERAM's acquisition of Millbrook, which is group headquartered in the UK. The investment of the funds managed by Eurazeo PME following this transaction amounts to cEUR115 million.

Visionable appoints first CCO

Wed | 3 Feb 2021, 11:52

British health technology company Visionable has appointed David Walker to the newly created position of Chief Commercial Officer (CCO), effective immediately.

Shamrock Capital appoints Principal

Wed | 3 Feb 2021, 11:52

Shamrock Capital, an investment firm based in Los Angeles, has appointed David Simpson as a principal in the firm's private equity team.

DSW Debt Advisory expands team

Wed | 3 Feb 2021, 11:52

DSW Debt Advisory – which advises businesses on raising a wide variety of debt funding and is part of the Dow Schofield Watts group – has appointed Lynn Li as Manager.

Wed | 3 Feb 2021, 11:52

CAPZA, an independent management company and a specialist in private investments in European SMEs with EUR4.82 billion under management, has acquired a minority stake in Magellan Partners Group.

Wed | 3 Feb 2021, 11:52

Capital Rx, a pharmacy benefit manager in the US, has raised USD50 million in Series B financing led by Transformational Capital, with participation from Edison Partners, who led Capital Rx’s Series A financing in 2019.

Cairn Capital to acquire Bybrook Capital

Wed | 3 Feb 2021, 11:52

Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has agreed terms for a strategic partnership in which Cairn Capital will acquire and merge with Bybrook Capital (Bybrook), a specialist distressed credit manager based in London.

Wed | 3 Feb 2021, 11:52

Bestport Private Equity (Bestport), and Ethos Partners (Ethos) have solc Nu-Heat (Holdings) Limited (Nu-Heat) to Polypipe Group (Polypipe) for a cash consideration of GBP27 million.