Nene Capital’s Post

🤝 𝗪𝗲𝗲𝗸𝗹𝘆 𝗪𝗿𝗮𝗽 𝗼𝗳 𝗠&𝗔 𝗱𝗲𝗮𝗹𝘀 🤝 Madison Dearborn Partners, LLC offered to buy the 71% of APM Human Services that it doesn't own for $910.4m. QIC gave Barrenjoey the green light to auction a 33% stake in Powerco. Canadian gold miner Karora Resources agreed to a merger with Perth-based Westgold Resources Limited, creating a $2.2b company. Matthew Tripp and investors in Betr will gain control of ASX-listed BlueBet after the two wagering groups merge. Volpara Health is poised to be acquired by South Korea's Lunit Global. Sydney startup Forage is set to be acquired by US education company EAB. Pengana Capital Group acquired Washington H. Soul Pattinson's stake in their private credit joint venture, Pengana Credit. Future Fund acquired a 19.8% stake in EastLink. Spain’s Naturgy and Kuwait’s Wren House Infrastructure suspended the anticipated $4b sale of GPG Renewables Australia. WiseTech Global agreed to acquire Finland's Aktiv Data. Get a full round-up of the day’s deals in your inbox each morning — sign up at letterofintent.com.au

ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, announced that it has fully subscribed ARCTRUST Industrial DST. The Regulation D, private placement offering raised the full $7.13 million in equity from accredited investors. ARCTRUST Private Capital Chris Wadelin #alternativeinvestments #ARCTRUST #commercialrealestate #realestateinvestmenttrust #REIT #RegulationD #DST #DelawareStatutoryTrust

🚀 Big Moves in the Deal World! 🚀 🔍 Hg Acquires Ncontracts: Hg has acquired Ncontracts, a leader in risk and vendor management solutions based in Brentwood, Tennessee, from Gryphon Investors. 🏦 ...And that's not all! Ncontracts recently acquired Venminder, a third-party risk management provider for financial services that has raised over $55 million from investors like Silversmith Capital Partners, Bain Capital Ventures, and MissionOG. 🛠️ Stanley Black & Decker, Inc. on the Move: Rumor has it, Stanley Black & Decker is considering a carveout of its engineered fastening product group, potentially setting the stage for a sale in 2025. This move aligns with the company's strategy to streamline operations and focus on core assets. 📊 📈 Data Centers Heating Up: Blackstone and CPP Investments | Investissements RPC Investment Board have made a significant splash in the data center market by acquiring AirTrunk, an Asia-Pacific data center platform, from Macquarie Asset Management and the Public Sector Pension Investment Board, valued at over A$24 billion ($16.1 billion). 🌐 The data center market is sizzling with deal-making opportunities! 🛢️ Industrial Moves - SCF Partners: In the oil and gas sector, SCF Partners has acquired DeltaValve, LLC and TapcoEnpro, LLC, two key valve distributors, from CIRCOR International, Inc., a KKR-backed company. 🔧 The deal terms remain undisclosed, but it’s a notable move in the energy sector. 💡 Renewable Energy M&A is Booming: According to a recent report from Enverus, the renewable energy market is seeing a surge in M&A activity, with a year-over-year increase in total deal value. 🌞 The report highlights private equity and infrastructure funds' growing interest in renewables, particularly in the lead-up to the upcoming presidential election. 🚀 Tracking Over 1️⃣ 5️⃣ 0️⃣ Companies on the Market: The deal landscape is bustling, with over 150 companies potentially coming to market in the coming months, drawing interest from private equity buyers. 🕵️♂️ #PrivateEquity #MergersAndAcquisitions #DealFlow #Investment #RenewableEnergy #DataCenters #RiskManagement #IndustrialDeals

🇬🇧 Did you know that in the last 12 months, the UK has witnessed a total transaction value of USD 46.21 billion? Among the larger players, Permira stands out with USD 16.28 billion in dry powder and assets totaling USD 82.10 billion, Permira stands as a formidable force in the UK financial landscape. Meet the Power Players: 1️⃣Mercia Asset Management PLC - spearheading innovation with 27 investment rounds 2️⃣BGF - fueling growth with 22 closed rounds 3️⃣Scottish Enterprise - driving progress with 21 strategic investments Highlighting key deals: ▪ ERGOMED | 4 September 2023 Permira agreed to fully acquire ERGOMED for approximately USD 885.54 million, in a public-to-private transaction. ▪ ACG Electric | 12 June 2023 Glencore UK, along with Stellantis UK, La Mancha, and Volkswagen, invested USD 100 million, respectively, and Royal Gold Inc. committed USD 250 million in ACG Acquisition Company Limited. Following the completion, the company was renamed ACG Electric Metals. ▪ WGSN | 30 October 2023 APAX PARTNERS UK LTD agreed to fully acquire WGSN from Ascential for USD 850.39 M. ▪ Bazooka Candy Brands | 14 August 2023 APAX PARTNERS UK LTD, along with the company's management, agreed to acquire Bazooka Candy Brands from The Topps Company, for approximately USD 700 million, including debt. ▪ Bruntwood SciTech | 16 October 2023 Greater Manchester Pension Fund, including Legal & General Capital and BRUNTWOOD GROUP LIMITED acquired Bruntwood SciTech for USD 606.82 million. DealPotential data is sourced from reliable channels like financial institutions and ensured for accuracy. Gain access to daily updates sourced from reliable channels, empowering you to make informed decisions effortlessly.  Say goodbye to tedious research processes and dependence on external sources. #dealpotential #investments #privateequity #venturecapital #fundraising #investmentstrategy #marketreport #privatemarket #BusinessNews #FundingSuccess #InnovationJourney #financialnews  #Funding #TechNews #Innovation #Investment #VentureCapital

Despite challenges, the Baltic M&A market remained active in 2023, with Oaklins Baltics announcing 218 deals, the five largest five of which amounted to €525 million, constituting approximately one-third of the total value of all announced deals last year. The two largest deals emerged from the Latvian utilities sector: Eesti Gaas, owned by Estonian investment company Infortar AS, acquired Gaso, the Latvian distributor of natural gas, for €120 million, and Marguerite's shares in Latvijas Gāze were purchased in the subsequent management buyout (MBO). The current management team, led by chairman A. Kalvītis, announced a buy-out of 29% shares, and Rietumu Banka provided financing for the €111 million transaction. The other three significant transactions occurred within the start-up sector. Skeleton Technologies, the Estonia-based developer of ultracapacitor and provider of energy storage solutions, completed two funding rounds, where a consortium of investors led by Siemens acquired an undisclosed stake for €108 million, while Nord Security concluded a second major funding round, securing $100 million in both 2022 and 2023, with valuations of $1.6 billion and $3 billion, respectively. In another start-up sector transaction a group of investors including US-based VCs Elephant Partners and @Energize Ventures and UK-based Highland Europe, acquired an undisclosed stake in PVcase for €90 million.

📰 Weekly European Industry transactions: GREENPEAK Partners closes its €350m inaugural Continuation Fund led by HarbourVest Partners. The fund was formed to invest into ACADEMIA Gruppe(🇩🇪) and CERTANIA (🇩🇪), constituting an attractive liquidity offering for Greenpeak Fund II LPs and Co-Investors. Academia and Certania have built up their combined EBITDA to nearly €70m, under Greenpeak’s ownership, while completing a total of over 30 acquisitions. Exyte (🇩🇪) acquires Kinetics (🇩🇪) from Quadriga Capital. Laird Thermal Systems (🇩🇪), majority owned by Bregal Unternehmerkapital AG, acquires Tark inc (🇺🇸). Mutares SE & Co. KGaA acquires Greenview (🇬🇧) from CORDOVAN CAPITAL MANAGEMENT LIMITED and its management. Societe Generale Corporate and Investment Banking - SGCIB advised and financed the founding director of Auto France Parts Group (🇫🇷) to regain control in a primary LBO. NVM Private Equity LLP supports the MBO of MRO solutions ltd (🇬🇧) from Cairngorm Capital Partners LLP. SAMEDIA INT (🇫🇷), a subsidiary of JFC Group (🇮🇪), acquires Interdiam B.V. (🇳🇱). AmphiStar (🇧🇪) raises €6m from European Circular Bioeconomy Fund (ECBF), Qbic Fund | Venture Capital and VLAIO - Flanders Innovation & Entrepreneurship Flanders Future Tech Fund. 🤖 Tsylana AI is soon in production in our App to better search #privateequity #investments and millions of company profiles on Tsylana app for #investmentbanking #corporatefinance and #capitalinvestissement professionals.

We are delighted to share that ABACON CAPITAL welcomes the takeover offer's acceptance and is excited about the future collaboration with KKR and Viessmann to further enhance Encavis AG. With the minimum acceptance threshold of 54.3%, this marks a significant milestone for Encavis, propelling us toward accelerated growth and innovation. Our partnership aims to strengthen Encavis' position as a leading independent power producer in Europe. With the support of KKR and Viessmann, we will expand our portfolio, enhance our expertise, and explore new markets. Together, we are committed to investing in technology diversification and bolstering Encavis' project pipeline, ensuring substantial growth across all segments. We look forward to working closely with our new partners to build an even more robust and dynamic Encavis and to advancing our shared vision of a sustainable energy future. #ABACONCAPITAL #KKR #Viessmann #Encavis #Takeover #Growth #RenewableEnergy #Partnership #SustainableFuture https://lnkd.in/dhttMwZt

Insightful summaries of M&A transactions..... The management-buy-out (MBO) within the Choppies story excites me... effectively they paid north of BWP40m for a loss making enterprise in leu of their faith in its capacity combined with their experience and expertise, both deemed sufficient to convert the business to profitability 📈 and return positive cash flow adequate to exceed the 5 year RCF - other assets and liabilities in the business combination. Of course Accountants will bet you there is goodwill or a bargain on purchase. Wonder how the model looked like but that's where Financial Modelling comes in. If the numbers are done well, the investors emerge better off and cash even cash in at some point by selling the business off or listing and cashing in from partial disposal of listed shares and capital appreciation ... and yeah you guessed it, the opposite is true and nobody wants it that way....

MineHub Announces $2.5 Million Financing and Share Consolidation Private Placements (PPs) present an opportunity to raise capital from selected investors and institutions that meet specific requirements with lower transaction #expenses, minimal involvement by securities #regulators, and commonly, a shorter time from commencement of the financing to completion compared to sales of #securities on the open market. PPs are common for startups as they allow companies to obtain the money they need to grow while delaying or forgoing the full glare of public scrutiny that accompanies an #IPO. Minehub Technologies recently successfully arranged a non-#brokered Private Placement which consisted of 22,727,273 units at CAD$0.11 per Unit, consisting of one common share in the capital and one transferable common share purchase warrant exercisable at $0.20 per common share for a period of 36 months from the closing date. https://lnkd.in/gni3f8-Z Andrea Aranguren

Today Lonsec announces that its largest shareholder, Generation Development Group (GDG) is seeking to acquire 100% ownership of the Lonsec Group. Under the terms of the agreement, GDG will acquire the remaining 61.9% of Lonsec for an upfront consideration of $197.4 million together with a deferred earn out payment of up to $55.7 million. Lonsec considers GDG to be a highly logical partner to accelerate the next phase of Lonsec’s growth. The proposed transaction, which is subject to approval by GDG shareholders, will enable Lonsec to further accelerate its organic and inorganic growth strategy by providing greater access to capital, an expanded product suite and greater market access. The proposed acquisition presents multiple growth avenues to Lonsec including further development of Lonsec Investment Solutions and M&A opportunities. Commenting on the deal, Lonsec CEO Mike Wright said, “This is an exciting time for Lonsec and a recognition of the strength of the business we and those before us have built for our clients since 1994. GDG has been a substantial shareholder of Lonsec since 2020 and has a strong understanding of the Lonsec business and is committed to supporting Lonsec in its strategic plans to grow further. “GDG are an ideal acquisition partner, intending to continue to operate Lonsec predominantly as a separate business, which means continuity of our existing product and service propositions for our clients. This transaction will enable Lonsec to accelerate plans for further investment into its business and we are enthused about the opportunities this deal presents for the business and our clients." Read the full media release: https://lnkd.in/ga9Rt9iC