Firefly Aerospace Becomes First Commercial Company to Successfully Land on the Moon

Ae Industrial Partners

Cedar Park, Texas, March 2, 2025 – Firefly Aerospace, the leader in end-to-end responsive space services, today announced its Blue Ghost lunar lander softly touched down on the Moon’s surface in an upright, stable configuration on the company’s first attempt. As part of NASA’s Commercial Lunar Payload Services (CLPS) initiative, Firefly’s Blue Ghost Mission 1, named Ghost Riders in the Sky, sets the tone for the future of exploration across cislunar space as the first commercial company in history to achieve a fully successful soft-landing on the Moon.

“Firefly is literally and figuratively over the Moon,” said Jason Kim, CEO of Firefly Aerospace. “Our Blue Ghost lunar lander now has a permanent home on the lunar surface with 10 NASA payloads and a plaque with every Firefly employee’s name. This bold, unstoppable team has proven we’re well equipped to deliver reliable, affordable access to the Moon, and we won’t stop there. With annual lunar missions, Firefly is paving the way for a lasting lunar presence that will help unlock access to the rest of the solar system for our nation, our partners, and the world.”

Carrying 10 NASA instruments, Blue Ghost completed a precision landing in Mare Crisium at 2:34 a.m. CST on March 2 and touched down within its 100-meter landing target next to a volcanic feature called Mons Latreille. Blue Ghost’s shock absorbing legs stabilized the lander as it touched down and inertial readings confirmed the lander is upright in a stable configuration. Following touchdown, Firefly is successfully commanding and communicating with the lander from its Mission Operations Center in Cedar Park, Texas.

Blue Ghost will now begin its surface operations and support several NASA science and technology demonstrations over the next 14 days – equivalent to a full lunar day. The surface operations include lunar subsurface drilling, sample collection, X-ray imaging, and dust mitigation experiments. On March 14, Firefly expects to capture high-definition imagery of a total eclipse when the Earth blocks the sun above the Moon’s horizon. On March 16, Blue Ghost will then capture the lunar sunset, providing data on how lunar dust levitates due to solar influences and creates a lunar horizon glow first documented by Eugene Cernan on Apollo 17. Following the sunset, Blue Ghost will operate several hours into the lunar night and continue to capture imagery that observes how levitating dust behavior changes after the sunset.

“With the hardest part behind us, Firefly looks forward to completing more than 14 days of surface operations, again raising the bar for commercial cislunar capabilities,” said Shea Ferring, Chief Technology Officer at Firefly Aerospace. “Just through transit to the Moon, Firefly’s mission has already delivered the most science data to date for the NASA CLPS initiative. CLPS has played a key role in Firefly’s evolution from a rocket company to a provider of launch, lunar, and on-orbit services from LEO to cislunar and beyond. We want to thank NASA for entrusting in the Firefly team, and we look forward to delivering even more science data that supports future human missions to the Moon and Mars.”

Throughout its 45-day journey to the Moon, Blue Ghost traveled more than 2.8 million miles, downlinked more than 27 GB of data, and supported several payload science operations. This included signal tracking from the Global Navigation Satellite System at a record-breaking distance with the LuGRE payload, radiation tolerant computing through the Van Allen Belts with the RadPC payload, and measurements of magnetic field changes with the LMS payload.

Firefly will continue to provide regular updates on the Blue Ghost Mission 1 webpage through the completion of the mission. NASA’s Artemis blog will share additional details on payload operations.

About Firefly Aerospace
Firefly Aerospace is an end-to-end responsive space company with launch, lunar, and on-orbit services. Headquartered in central Texas, Firefly is a portfolio company of AE Industrial Partners (“AEI”) focused on delivering rapid, reliable, and affordable space access for government and commercial customers. Firefly’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond. For more information, visit www.fireflyspace.com.

Media Contact
press@fireflyspace.com

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KKR Provides Bespoke Financing Solution to Australian GP Group Family Doctor

KKR

SYDNEY–(BUSINESS WIRE)– KKR, a leading global investment firm, and Family Doctor Pty Ltd. (“Family Doctor”), a leading group of general practitioner (“GP”) clinics in Australia, today announced a bespoke financing solution by KKR (through funds managed by KKR) to Family Doctor. KKR’s bespoke financing solution positions the Family Doctor to accelerate its growth and expansion, including through acquisitions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250302805504/en/

Founded in 2008, Family Doctor provides comprehensive medical care services through its network of more than 110 GP-run clinics located in key metropolitan and regional areas across Australia, including Victoria, Queensland, Western Australia, New South Wales, the Australian Capital Territory, and South Australia.

KKR’s Asia Pacific Credit platform seeks to provide, among other private credit strategies, bespoke solutions to high-quality companies, entrepreneurs and sponsors that harness the strength of KKR’s private markets investment capabilities and its expertise as one of the largest alternative credit managers globally. These bespoke structures allow entrepreneurs to retain equity ownership and control in their businesses whilst accessing deep capital pools that allow them to meet their objectives to invest in growth or return capital to shareholders.

Diane Raposio, Partner and Head of Asia Credit and Markets, KKR, said, “We are pleased to provide a bespoke financing solution to Family Doctor and Dr. Aziz, who has established one of Australia’s leading networks of GP clinics. Our investment builds on our experience and ability to work with homegrown champions and entrepreneurs in Australia, a key market for KKR across multiple private credit strategies. We look forward to sharing our global network and expertise to support the Company on their mission to extend high-quality patient care and their expansion plans.”

Dr. Rodney Aziz, Founder, CEO and Principal GP at Family Doctor, said, “Over the last more than 17 years, we have grown from a single clinic to one of Australia’s largest medical centre groups. The bespoke financing solution provided by KKR allows Family Doctor to stay true to our mission of being 100% doctor-owned and providing quality care and services. As we look forward to scaling our impact and our next phase of growth, we are delighted to collaborate with KKR on a flexible finance solution that not only is tailored to our stage of growth but also brings KKR’s global knowledge and know-how to our platform.”

KKR is making its investment from its Asia Pacific Credit strategy. In Australia, KKR has provided bespoke solutions to DBG Health (a leading pharmaceutical company) and Lendi (a leading fintech), and financings to companies and sponsors across a range of industries and private credit strategies. Since 2019, KKR has closed more than 50 credit investments in Asia Pacific, accounting for a total transaction value of close to US$21 billion.

***

About Family Doctor

Family Doctor is a 100% GP owned group of 110 medical and dental practices across Australia enabling delivery of 3.2 million high quality medical consultations to Australians in metro and regional areas each year. Family Doctor is the fastest growing medical group in Australia, and is keen to support like-minded practice owners with their succession planning.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Inquiries

For more information, please contact:

For Family Doctor
Dr Rodney Aziz, CEO and Principal GP
+61 03 8592 9855
rod@familydoctor.com.au

For KKR
Wei Jun Ong
+65 6922 5813
WeiJun.Ong@kkr.com

Source: KKR & Co. Inc.

 

 

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Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

Apollo logo

TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has hired Shimpei Kanzaki as a Managing Director and Head of Japan Global Wealth. Kanzaki brings more than 20 years’ experience in alternative investments, private markets and the wealth management industry, and will report to Edward Moon, Partner and Head of Asia Pacific Global Wealth for Apollo.

Moon said, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.”

Apollo Partner and Chief Client and Product Development Officer Stephanie Drescher added, “Japan is a key growth market for Apollo, where we see our disciplined investment philosophy and strong focus on investor alignment resonate with clients. With Shimpei’s appointment, we are thrilled to grow our Wealth presence in Japan to help more clients access private market strategies and the potential excess return and diversification benefits we seek to provide.”

Shimpei Kanzaki, Managing Director and Head of Japan Global Wealth at Apollo, said: “Apollo has a strong reputation as a leading alternative asset manager with an established track record originating investment-grade, yield-oriented assets. I am excited to join the firm to introduce our tailored solutions to Japanese investors by building strong partnerships with the leading distributors in Japan.”

Prior to joining Apollo, Kanzaki was a Director at KKR and head of its wealth solutions business in Japan, after joining in 2022. Previously, he led the hedge funds product specialist team at UBS and held senior roles at Credit Suisse, Mirabaud, and Man Group, specializing in hedge fund strategies, portfolio management, and business development.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

Investor and Media Relations Contacts

For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
IR@apollo.com.

For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
Communications@apollo.com.

Categories: People

Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

Apollo logo

TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has hired Shimpei Kanzaki as a Managing Director and Head of Japan Global Wealth. Kanzaki brings more than 20 years’ experience in alternative investments, private markets and the wealth management industry, and will report to Edward Moon, Partner and Head of Asia Pacific Global Wealth for Apollo.

Moon said, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.”

Apollo Partner and Chief Client and Product Development Officer Stephanie Drescher added, “Japan is a key growth market for Apollo, where we see our disciplined investment philosophy and strong focus on investor alignment resonate with clients. With Shimpei’s appointment, we are thrilled to grow our Wealth presence in Japan to help more clients access private market strategies and the potential excess return and diversification benefits we seek to provide.”

Shimpei Kanzaki, Managing Director and Head of Japan Global Wealth at Apollo, said: “Apollo has a strong reputation as a leading alternative asset manager with an established track record originating investment-grade, yield-oriented assets. I am excited to join the firm to introduce our tailored solutions to Japanese investors by building strong partnerships with the leading distributors in Japan.”

Prior to joining Apollo, Kanzaki was a Director at KKR and head of its wealth solutions business in Japan, after joining in 2022. Previously, he led the hedge funds product specialist team at UBS and held senior roles at Credit Suisse, Mirabaud, and Man Group, specializing in hedge fund strategies, portfolio management, and business development.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

Investor and Media Relations Contacts

For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
IR@apollo.com.

For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
Communications@apollo.com.

Categories: People

Apax Funds increase their investment in ECI Software Solutions

Apax

Funds advised by Apax Partners LLP, a leading global private equity advisory firm, today announced that they have reached a definitive agreement to increase their equity stake in ECI Software Solutions (“ECI” or the “Company”), a global, industry-specific, cloud-based business management software provider. Upon completion of the transaction, the Apax Funds will become a co-control owner of ECI, in partnership with Leonard Green & Partners, L.P. (“LGP”). In addition, and as part of the transaction, GIC made a substantial new investment in ECI to help support the continued growth of the Company.

The Apax Funds first invested in ECI, which provides mission-critical management solutions for small- and medium-sized businesses in key markets, primarily manufacturing, building supply, distribution and office technology, in 2017. They subsequently helped to develop the Company into a leading SaaS business through investment in its core products, international expansion and M&A, including 27 acquisitions since their original investment. In 2020, the Apax Funds sold a majority stake in ECI to LGP, while retaining a minority interest in the business.

Going forward, the Apax Funds and LGP will help ECI to further grow its presence in its core verticals, and target continued M&A in a highly fragmented market, with the opportunity to enter new sectors through acquisitions. ECI has experienced rapid growth in recent years, both organically and through a number of strategic acquisitions. It now has 25,000 customers in 90 countries around the world and employs 2,100 people across 20 offices.

The Apax Funds have established a leading track record in software investing over more than 20 years, investing more than $10 billion of equity during the period. The Funds are supported by an investment team with deep market expertise, as well as Apax’s Operational Excellence Practice, which focuses on identifying and executing levers to drive value creation.

Jason Wright, Partner at Apax, said: “Since the Apax Funds first invested eight years ago, ECI has transformed into a scaled and market-leading SaaS provider. Its organic growth has accelerated meaningfully while, at the same time, the Company has achieved a five-fold expansion in EBITDA. We are backing mission-critical software players like ECI to create sub-sector champions, using our deep experience of the sector and leveraging our Operational Excellence team to drive value creation. We look forward to continuing our partnership with the management team and LGP to drive this growth.”

Adam Garson, Partner at Apax, added: “ECI is a leading provider of core systems software, with a strong position in each of the end markets that it serves. We look forward to deepening our partnership with Trevor and the broader ECI management team, alongside Leonard Green and GIC, to support the business in continuing to accelerate growth both organically and through M&A.”

Trevor Gruenewald, CEO of ECI, said: “Our partnership with the Apax Funds over the past eight years, alongside support from LGP since 2020, has fueled consistent growth and established us as market leaders in mission critical systems for the small to medium business customers we serve. Their increased investment, combined with their deep operational and sector expertise, will allow us to continue on this trajectory—expanding our presence in key verticals where we already excel and accelerating our M&A strategy to enter new areas.”

Usama Cortas, Partner at LGP, said: “It has been a privilege for LGP to be part of the ECI story over the past four years. We have worked closely with Trevor and the ECI management team to build a mission-critical software ecosystem that supports the activities and growth of small- to medium-sized businesses around the world. During our partnership period, ECI has accelerated its organic growth and capitalized on a number of strategic and accretive M&A opportunities. This transaction underscores the strength of the Company, its talented management team, and its significant growth opportunities.”

Tommy Yin, Principal at LGP, said: “Since we partnered with the ECI team over four years ago, they have consistently been a strong performer delivering exceptional growth and value to all stakeholders. ECI’s management has led a best-in-class software organization and we believe there is considerable opportunity to further strengthen and expand the Company’s software offering. We look forward to continue working with Apax and the management team through the next phase of the Company’s growth.”

Choo Yong Cheen, Chief Investment Officer of Private Equity at GIC, said: “Our investment in ECI aligns with GIC’s commitment to support market-leading companies with long-term growth potential. With its deep market knowledge and unyielding customer focus, ECI has built a strong portfolio of purpose-built products that SMB customers need. We are excited to partner with ECI’s proven management team, and our partners at Apax and LGP, in supporting the next phase of ECI’s journey.”

Barclays and Centerview Partners LLC acted as joint co-lead financial advisors and Skadden, Arps, Slate, Meager & Flom acted as legal advisor to Apax. Jefferies LLC and Moelis & Company LLC acted as joint co-lead financial advisors, and Latham & Watkins LLP acted as legal advisor to ECI.

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EQT completes sale of shares in Azelis Group NV

eqt
  • The sale resulted in aggregate gross proceeds of c. EUR 366 million, of which EQT received c. EUR 333 million

Akita I S.à r.L., an entity indirectly controlled by an affiliate of the fund known as EQT VIII (“EQT”) is pleased to announce the completion of the sale (the “Sale”) of 20 million shares in Azelis Group NV (EBR:AZE) (the “Company”) for aggregate gross proceeds of c. EUR 366 million. As part of the Sale, EQT will receive gross proceeds of c. EUR 333 million. The Sale was completed on February 28, 2025. BNP Paribas, Goldman Sachs and J.P. Morgan acted as joint global coordinators for the Sale.

Contact

EQT Press Office, press@eqtpartners.com

About EQT

EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 136 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedInXYouTube and Instagram

About Azelis

Azelis is a leading global innovation service provider for the specialty chemicals and food ingredients industry. The Company serves more than 63,000 customers who benefit from its application know-how, technical support and have access to a wide product portfolio from more than 2,800 specialty raw material producers. The company has more than 4.200 employees and is present in over 65 countries, with 70 application laboratories globally.

This press release does not constitute an offer of securities for sale in the United States or elsewhere. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of any of the securities mentioned in this press release in the United States.

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Carlyle and Arcmont provide €470 million financing package to Bianalisi

Carlyle

Milan, Italy, 28 February 2025 – The Global Credit platform of Carlyle (NASDAQ: CG) and Arcmont Asset Management, a leading European private credit asset management firm, today announced that they have arranged – together with Natixis – a €470 million financing package for Bianalisi, a leading independent platform for integrated healthcare diagnostics in Italy. The transaction will enable Bianalisi to continue supporting the ongoing expansion of its platform by investing in the consolidation of the Italian healthcare diagnostics market as well as to refinance existing debt

With a widespread presence in 13 Italian regions, Bianalisi offers a full range of services in clinical laboratory diagnostics, outpatient care and diagnostic imaging through a network of 350 labs and sample collection points, more than 70 outpatient care facilities, and 46 diagnostic imaging centers. Bianalisi has enjoyed significant growth over its 30-year history, both organic and through M&A, thanks to the efforts of its experienced management team, who today is led by CEO Giovanni Gianolli. Since receiving investment from Charme Capital Partners – an Italian private equity firm investing in Italy, UK and Spain – in 2021, Bianalisi has enjoyed an acceleration of its growth journey, with over 60 acquisitions completed since then.

Giovanni Gianolli, CEO of Bianalisi, said: “Thanks to this transaction, Bianalisi has secured substantial financial resources to continue its growth journey. We are delighted to partner with global investors such as Carlyle, Arcmont and Natixis who have chosen to support the continued consolidation project of Bianalisi in a highly promising sector. Their expertise and capital will help us further capitalize on the fragmented Italian healthcare market as we look to grow upon our strong market position.” 

Nicola Falcinelli, Deputy Head of European Private Credit at Carlyle, said: “We are pleased to support Bianalisi to further expand its delivery of critical healthcare services to Italian patients and healthcare professionals. The Italian market is one Carlyle knows well and we have been very active providing flexible credit solutions to both sponsor-backed and non-sponsored companies to further their growth.” 

Vanni Mario Zanchi, Partner at Arcmont, said: “We are pleased to provide this significant backing for Bianalisi, one of Italy’s leading medical diagnostics businesses. It meets many of the criteria we look for in an investment, including financial strength and stability and significant scope for continued growth. We look forward to working closely with Giovanni and his team in achieving their business goals while serving the needs of thousands of patients every day.” 

 

 

About Bianalisi

Bianalisi is a leading independent integrated diagnostics platform in Italy, offering healthcare services in laboratory diagnostics, outpatient diagnostics, and imaging diagnostics. With a widespread presence across 13 Italian regions, Bianalisi serves over 15,000 patients daily. Each year, the Group performs more than 1.5 million outpatient and imaging diagnostic visits and conducts approximately 20 million clinical tests, thanks to the work of over 1,500 doctors and 1,000 employees.

 

 

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents.

Carlyle’s Global Credit platform manages $192 billion in assets under management, as of December 31, 2024. It regularly pursues investments in privately negotiated capital solutions partnering with high-quality sponsors and leading family or entrepreneur-owned companies.

Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

 

About Arcmont

Arcmont Asset Management, an investment affiliate of Nuveen, the investment manager of TIAA, is a private debt asset management firm providing flexible capital solutions to a wide range of businesses in Europe. Established in 2011, Arcmont has raised approximately €31 ($33) billion in assets to date from institutional investors globally and has committed over €31 ($33) billion across more than 410 transactions. With a highly experienced investment team, a strong investment track record and deep technical expertise, Arcmont offers creative and flexible capital solutions to European businesses, with the reliability of a partner that values long-term relationships. Headquartered in London, Arcmont’s presence spans Amsterdam, Frankfurt, Madrid, Milan, Munich, Paris, Stockholm and New York. it maintains a local origination network and builds and preserves close relationships with sponsors, borrowers and local intermediaries. To learn more about Arcmont, visit www.arcmont.com.

 

 

 

Media Contacts

Bianalisi

Francesca Alibrandi (Value Relations)

+39 335 8368826

f.alibrandi@vrelations.it

Antonella Martucci (Value Relations)

+39 340 6775463

a.martucci@vrelations.it

 

Carlyle

Andrew Kenny

Andrew.kenny@carlyle.com

+44 7816 176120

 

Marina Riva

M.Riva@barabino.it

Barabino

+39 347 2975426

 

 

Arcmont
Prosek
pro-arcmont@prosek.com

United Petfood extends partnership with Waterland to drive global growth ambitions

Waterland

Ghent, 27 February 2025 – United Petfood, the European market leader in pet food, has announced an extension of its strategic partnership with investment fund Waterland. This collaboration, which began nearly nine years ago, is entering a new phase to support ambitious growth plans in Europe, the United States, and beyond.

“Over the past decade, we’ve achieved remarkable growth with Waterland by our side. Together, we’ve established United Petfood as a global leader in pet food production,” says Dominiek Dumoulin, founder and chairman of United Petfood. “Now we’re ready to take the next step with new investments and expansions to serve our customers even better around the world.”

Expanding Across Europe and the United States
United Petfood is actively growing its presence in both Europe and the United States. In Europe, the company is prioritizing geographic expansion and diversifying its product portfolio. New production facilities are being developed in countries such as Romania and Poland, while efforts are underway to strengthen its position in key markets like the UK, Denmark, and Portugal. In Poland, a new pet snack factory is being built, while snack production is being expanded in Spain. Additionally, the wet food factory in Poland is being upgraded to meet growing demand. In the United States, expansion is a key focus for United Petfood. The company recently acquired a dry food production facility in Indiana. “The U.S. market offers tremendous growth potential. We aim to bring this production site to full capacity quickly and are exploring further expansion opportunities, including potential new factories and acquisitions,” Dumoulin adds.

Commitment to Sustainable Growth and Product Diversification
United Petfood is committed to offering a comprehensive and diverse range of products to customers worldwide. “While dry food remains our largest segment, we’re making significant investments in wet food and snacks to meet the growing demand for innovative, premium pet food,” explains Dries Eeckhout, CEO of United Petfood. Recent investments have significantly increased production capacity for wet food and snacks, allowing the company to provide a broader and more complete range of products to its customers. Sustainability is a core pillar of United Petfood’s growth strategy. “Our aim is not just to grow but to do so responsibly and sustainably. By strategically investing in our facilities, teams, and processes, we’re ensuring that our growth is built to last,” Eeckhout says. “The dedication, expertise, and entrepreneurial spirit of our employees have been instrumental in driving our growth and international expansion over the years.”

Renewed Partnership and Financial Structure
To enable these ambitious growth plans, United Petfood and Waterland have renewed their partnership. Waterland recently secured a new fund from institutional investors, which has resulted in an updated capital structure and an extended investment horizon, while maintaining the same collaborative framework. The focus remains on strengthening the company’s position in existing markets and seizing new opportunities worldwide.

Looking to the Future
With 25 factories across Europe, the United States, and Turkey, exports to more than 100 countries, and revenues exceeding €1.3 billion in 2024, United Petfood’s growth shows no signs of slowing down. Beyond its expansions in Europe and the U.S., the company is also eyeing opportunities in markets like Asia. “Our mission is to stay close to our customers and offer an innovative, wide-ranging product portfolio. Together with Waterland, we’re determined to realize this vision and further solidify United Petfood’s position as a global leader in pet food,” Dumoulin concludes.

About United Petfood 
United Petfood is a leading producer of pet food, specializing in dry and wet food, biscuits, and snacks for dogs and cats. The company primarily manufactures private label products and collaborates closely with customers worldwide. With over 2,600 employees and a strong focus on quality, innovation, and sustainability, United Petfood continues to meet the demands of the rapidly growing pet care market. For more information, please visit: www.unitedpetfood.com


Press Contact:

Laurence Van Doosselaere – vandoosselaere@waterland.be | +32 473 88 05 21

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Accel-KKR Credit Partners Provides Growth Financing to OneShield

AKKR Logo

Accel-KKR Credit Partners Provides Growth Financing to OneShield 

Menlo Park, CA & Marlborough, MA – Feb 27, 2025 – Accel-KKR Credit Partners today announced that it has provided growth financing to OneShield Software, a provider of core software systems to property & casualty  insurance carriers and managing general agents, including  startup insurers. Accel-KKR Credit Partners is a private credit fund managed by Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley.  

“We are excited to announce our new partnership with Accel-KKR,” said Cameron Parker, CEO of OneShield. “We have spent the last few years investing in both of our platforms (OneShield Enterprise and OneShield Market Solutions), and we are leaning heavily into artificial intelligence to unlock additional value for our insurance customers. We have long been impressed with the depth and breadth of Accel-KKR’s software expertise, as well as their strategic insights on opportunities to further our upward momentum.” 

Founded in 1999, OneShield offers two innovative platforms for insurance carriers to provide a system of record and manage day-to-day operations. The software allows growing insurance companies to have continuity in technology across policy administration, billing and claims management. Additionally, OneShield offers enhanced capabilities including reinsurance, large schedule policy support and in-house agency management. With support for over 90 lines of businesses and deep experience in specialty lines, OneShield can help insurers quickly stand-up new insurance products to respond to evolving market needs.  

OneShield was acquired in September 2020 by a search fund led by brothers Cameron and Brandon Parker, with Pacific Lake Partners and Bain Capital Credit serving as anchor investors. Since that time, OneShield has grown with its existing insurance customers, and added numerous new logos to its roster. 

“Accel-KKR Credit Partners is the right partner for OneShield at this stage of our journey,” said Brandon Parker, President & COO of OneShield. “We were looking for a financing partner with a long-term perspective who understands the nuances of growing software companies. The team at Accel-KKR is very knowledgeable about our space and brought strategic capital solutions to the table. We look forward to the next chapter of growth with Accel-KKR as our financing partner.”  

“OneShield is led by a talented team who is bringing a fresh perspective to a mature market,” said Samantha Shows, Managing Director at Accel-KKR. “We have been impressed to see the evolution of the business since Cameron and Brandon’s stewardship, and we look forward to seeing the company continue its acceleration in the insurtech market.” 

About OneShield: 

OneShield provides business solutions for property and casualty insurers and MGAs of all sizes. The cloud-based and SaaS platforms include enterprise-level policy management, billing, claims, rating, relationship management, product configuration, business intelligence, and smart analytics. Designed specifically for personal, commercial, and specialty insurance, OneShield solutions support over 90 lines of business. OneShield’s clients, some of the world’s leading insurers, benefit from optimized workflows, pre-built content, seamless upgrades, collaborative implementations, and pricing models designed to lower the total cost of ownership. OneShield’s global footprint includes corporate headquarters in Marlborough, MA, with additional offices throughout India. Visit www.OneShield.com to learn more.  

About Accel-KKR: 

Accel-KKR is a technology-focused investment firm with over $21 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions, including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across various transaction types, including private company recapitalizations, divisional carve-outs, and going-private transactions. Accel-KKR’s headquarters is in Menlo Park, with offices in Atlanta, Chicago, London, and Mexico City. Visit accel-kkr.com to learn more. 

About Accel-KKR Credit Partners: 

Accel-KKR Credit Partners provides debt financing to leading software businesses. The fund structures non-dilutive investments for founder-owned businesses and flexible credit products for institutionally-owned businesses.  The debt capital is used to support acquisitions, dividends, shareholder buy-backs, and growth investment. Accel-KKR Credit Partners has completed over 80 investments and has deployed over $1 billion in capital. 

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IDHL acquires The MTM Agency to scale integrated offer

Bridgepoint

Leading digital agency IDHL today announces the acquisition of marketing and communications specialists The MTM Agency.

From SEO pioneers to integrated digital marketing leaders, IDHL has evolved over 25 years to become one of the UK’s most comprehensive growth partners for ambitious businesses. From a foundation of search engine optimisation powered by proprietary technology IDHL has since expanded both organically and through strategic acquisitions across the digital landscape.

2024 marked a transformative milestone as the group united eight of their nine agencies under a collective vision to build the UK’s leading growth-centric digital services agency to deliver value for clients and partners.

The acquisition of The MTM Agency accelerates IDHL’s ability to deliver strategic advice across the entire communications landscape by bolstering its industry leading capabilities in performance, web, eCommerce and data intelligence as well as deep technical expertise. Aligned to IDHL’s mission to accelerate growth for ambitious businesses and brands in the digital economy, the strategic addition brings sophisticated complementary capabilities in creative, strategy and insight, as well as influencer marketing and PR.

The acquisition sees IDHL welcome over 80 new colleagues in Southampton, bringing fresh perspectives to solving clients’ challenges and expanding the agency’s strong UK footprint which includes teams in London, Leeds and Manchester.

The MTM Agency’s creative, strategic client-centric approach and vast experience in delivering for B2B brands will enhance IDHL’s offer to its existing national roster of clients whilst creating fresh opportunities to forge new client relationships.

The transaction is supported by IDHL’s existing investment partner Bridgepoint, which partnered with the company in 2021 via Bridgepoint Development Capital, a lower middle-market fund focused on supporting fast-growing businesses across Europe.

Speaking about the acquisition, Ben Wood, IDHL CEO, said:

“At IDHL, we are laser-focussed on providing world-class integrated digital solutions to drive growth for our clients’ businesses.

Driven by an entrepreneurial mindset, IDHL has evolved by responding to client demand – scaling with new services and solutions to meet their changing needs. This continues to be delivered through organic growth and strategic acquisitions to strengthen our integrated offering.

The acquisition of The MTM Agency brings our expert teams and leading capabilities together to create a powerful full-service offer that enables us to deepen our understanding of clients’ businesses and their consumers to deliver even more valuable outcomes.”

Gordon Hawes, Co-owner of The MTM Agency, said:

“For my co-owner Paul Jones and I, The MTM Agency becoming part of the IDHL family is the culmination of an incredible 16-year journey that brought together an exceptional team delivering innovative, insight-driven, and creative solutions which make a positive impact in a rapidly evolving landscape.

IDHL has shown a deep appreciation for The MTM Agency’s culture, creativity, and ambition, and a clear vision for how we can grow together. Its investment brings the scale, resources, and expertise that will ensure both our people and our clients continue to thrive.”

Wes Maynard, Managing Director of The MTM Agency, said:

“Joining with IDHL represents an exciting new chapter for everyone at The MTM Agency. The agency was built on a foundation of creativity, collaboration, and purpose, and this next step allows us to continue to build on those values whilst enhancing our offering and staying true to what makes The MTM Agency unique.

By tapping into IDHL’s network of talent, technology, and performance-driven expertise, we strengthen our ability to deliver powerful, insight-led strategies that own the space between brand, creative, and digital.

I want to thank Gordon and Paul for everything they have done to make The MTM Agency the business it is today, and I look forward to working with IDHL to build on the strength of their legacy and shape the next phase of The MTM Agency’s evolution.”

Robin Lawson, Partner at Bridgepoint, said:

“IDHL’s continued growth is underpinned by a clear vision to build a market-leading digital services platform, with support from Bridgepoint. The acquisition of The MTM Agency strengthens IDHL’s capabilities and further enhances its highly attractive suite of integrated, insight-led marketing solutions. We’re pleased to support Ben and the team as they continue to scale and expand IDHL’s market reach.”

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