Category Archives: News

Carlyle provides financing package to Suntera Global

Carlyle

St. Helier, Jersey, 22 April 2025 – Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has provided a financing package to Suntera Global (“Suntera”), an independent global provider of bespoke fund, corporate and private wealth services.

Founded in 1980, Suntera provides a full suite of professional services to corporates, fund managers, and private clients (including their family offices). Through a comprehensive range of administration, accounting and governance services, Suntera helps its long-standing international base of clients navigate the complex and evolving demands that come with managing wealth and cross-border capital, focusing on reducing clients’ compliance, regulatory, and reporting risks. The company employs more than 500 specialists in offices across Europe, Asia and North America.

This financing package will strengthen the company’s financial foundation by refinancing its existing indebtedness and provide additional capital to support Suntera through organic growth initiatives and strategic acquisitions.

Nicola Falcinelli, Deputy Head of European Private Credit at Carlyle, said: “We are delighted to support Suntera’s continued growth story through this strategic financing. We believe Suntera is strongly positioned to meet growing and resilient demand for specialized professional services, particularly within the context of a rapidly evolving and complex regulatory landscape. This transaction underscores Carlyle’s established strategy of supporting high-quality businesses with flexible capital solutions.”

David Hudson, CEO of Suntera, said: “Since the Management Buy Out in 2019, Suntera has built on its core heritage, grown its international footprint through strong organic and inorganic growth, and established a reputation for its highly specialized capability and diversified proposition which spans multiple strategies, geographies and service lines. We are grateful for the support of Carlyle, which enables Suntera to continue to pursue its growth ambitions through its first-class customer offering, and the continuation of its highly successful consolidation strategy.”

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. The Suntera transaction follows an active last few months for Carlyle’s European credit platform, recently announcing investments including Argon, Sanoptis, and Bianalisi.

 

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

 

About Suntera Global

Suntera Global is a multi-jurisdictional provider of fund, corporate and private wealth services. We believe in empowering responsible ambition through the professional delivery of fund, company and trust administration as well as outsourced compliance, accounting and tax services. Suntera employs over 500 specialists supporting a global client base from offices in the Bahamas, the Cayman Islands, Hong Kong, the Isle of Man, Jersey, Guernsey, Luxembourg, the UK and the USA.

For more information visit suntera.com

 

Media contacts:

Carlyle:

Charlie Bristow

Tel: +44 (0) 7384 513568

Email: charlie.bristow@carlyle.com

 

Suntera Global: 

Cara Pyper
cara.pyper@suntera.com

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Bain Capital and BlueWater Marinas Acquire Boathouse Marine Center

BainCapital

BlueWater Marinas

BOSTON and CHARLESTON, S.C.  –  April 21, 2025 – Bain Capital’s Real Estate team (“Bain Capital”) and BlueWater Marinas (“BlueWater”), led by Joe Miller and Dunston Powell, today announced the acquisition of Boathouse Marine Center (“BMC”), a dry-stack marina in Pompano Beach, Florida.  Financial terms of the private, off-market purchase were not disclosed.

Bain Capital and BlueWater formed a strategic joint venture in 2024 to acquire and operate high-quality, storage-centric marina properties in premier boating markets along the East Coast.  BMC is the second asset in the JV’s portfolio, adding to the joint venture’s acquisition of Harbor at Lemon Bay, a dry-stack marina located in the Sarasota submarket of Englewood, Florida.

“Consistent with Bain Capital’s thematic, customer-oriented investment approach, the marina sector benefits from several long-term secular growth drivers, including very high structural supply barriers, increased consumer spending on experiences, and sustained demand for larger boats,” said Andrew Terris, a Partner at Bain Capital.  “BMC represents a compelling opportunity to acquire an attractive asset in one of our highest conviction markets, and we look forward to building upon our partnership with the BlueWater team as we seek to assemble a best-in-class portfolio of marinas that is advantaged by high barrier-to-entry locations and BlueWater’s operational expertise.”

Strategically positioned, BMC offers a convenient location in a dense, affluent market near the Hillsborough Inlet.    Pompano Beach, a submarket of Fort Lauderdale, is a long-established boating market that benefits from heavy year-round boating traffic and features some of the strongest supply-demand imbalances in the country.

Miller, Powell and the BlueWater team have over 110 years of combined experience acquiring, developing, and operating marinas and previously successfully scaled a best-in-class portfolio as the founders and principals under a separate well-known marinas brand.  Commenting on the joint venture, Miller stated that “Bain Capital is an outstanding, highly aligned partner. Their reputation precedes them and we now understand why they are so highly regarded. We feel extremely fortunate to team with such a fine firm as we continue forward in the marina sector.”

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About Bain Capital Real Estate
Bain Capital Real Estate was formed in 2018 and pursues investments in often hard-to-access sectors underpinned by enduring secular trends that drive long-term demand growth for real estate assets and services. The Bain Capital Real Estate team has been executing its strategy since 2010 (formerly as a part of Harvard Management Company), having invested and committed over $9 billion of equity across multiple sectors. Bain Capital Real Estate focuses on assets where the team applies its deep industry expertise to accelerate impact and drive operational improvements. Bain Capital Real Estate’s strategy aligns with the value-added investment approach that Bain Capital pioneered and leverages the firm’s global platform and significant experience across asset classes to further bolster its insights and sourcing capabilities. Bain Capital is one of the world’s leading private investment firms with approximately $185 billion of assets under management. For more information, visit https://www.baincapitalrealestate.com/.

About BlueWater Marinas
Headquartered in Charleston, South Carolina, BlueWater Marinas will acquire, develop and operate coastal marina assets, including both dry and wet slips. Established by former executives and key team members of PORT 32 Marinas and Atlantic Marina Holdings, alongside several marina industry top performers, BlueWater Marinas brings unparalleled expertise in marina development and management, delivering exceptional service to its customers. With a proven track record, BlueWater Marinas will build and operate a distinguished portfolio of Class A marina assets in prime markets along the East Coast. For more information, please visit https://bw-marinas.com.

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Coller Capital partners with Barings Portfolio Finance and Ares on $2.4 billion structured funding vehicle to invest in private market secondaries

Coller Capital

London, April 17, 2025 – Coller Capital, the world’s largest dedicated private market secondaries manager, today announces that it has partnered with Barings Portfolio Finance and Ares Management Alternative Credit funds (“Ares”) to raise a $2.4 billion structured funding vehicle for Coller funds to invest in private market secondaries.

This innovative solution marks the largest-ever structured funding vehicle of its kind in the secondary market to invest in both private equity and private credit secondaries. This transaction was led by Coller’s Structured Solutions team and builds on the firm’s track record of capital raising through innovative structured solutions, the fifth such issuance since 2020.

Barings Portfolio Finance acted as the Lead lender for the transaction with Coller Capital and Ares providing the credit enhancement. Citi acted as agent on the transaction. KBRA provided a rating for the debt. Debevoise and Plimpton LLP served as legal counsel for Coller. Proskauer Rose LLP served as legal counsel for Ares. Cadwalader, Wickersham & Taft LLP served as counsel for Barings and Citi.

Remy Kawkabani, Deputy Managing Partner and Head of Capital Formation, Coller Capital, commented: “We are delighted to partner with Barings and Ares on this bespoke structured solution to invest in private market secondaries. Coller brings a 35-year track record of innovative firsts in private markets and we are pleased to lead on the largest-ever structured funding vehicle of its kind for private market secondaries.”

Ian Wiese, Managing Director, Barings Portfolio Finance, commented: “Coller and Barings have a long-standing relationship, and we are pleased to partner to develop an attractive investment grade solution that appeals to institutional investors. As this market continues to innovate, we believe, together with Coller, we will remain at the forefront of creating solutions and look forward to what lies ahead.”

Richard Sehayek, Managing Director, Co-Head of Europe for Ares Alternative Credit, commented: “We are excited to be able to support the Coller team during this dynamic period in global markets. This transaction underscores Ares’ ability to deliver creative, flexible capital solutions that provide important liquidity to market participants, and we look forward to the growing opportunities ahead.”

Mentions
Remy Kawkabani

Deputy Managing Partner and Head of Capital Formation
Press contact
Edelman Smithfield

coller@edelmansmithfield.com+44 (0)7980 684 247

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Egeria raises €1.25 billion with new private equity fund

Egeria

Egeria is pleased to announce the final close of its sixth private equity fund, Egeria Private Equity Fund VI (“EPEF VI”). EPEF VI closed at its hard cap of €1.25 billion and is more than 50% larger than its predecessor fund. EPEF VI will continue to build on the core principles that have defined Egeria’s success for more than 28 years: entrepreneurial partnerships in the Benelux and DACH regions, supporting exceptional teams to grow resilient, high-quality businesses.

EPEF VI continues Egeria’s historical focus on partnerships with founders and entrepreneurs in the mid-market. EPEF VI has already invested in partnerships with the entrepreneurs behind Meyer Menü, Den Berk Délice and Implico in the past months.

EPEF VI was oversubscribed and fully allocated within six months of its first closing. Demand significantly exceeded the fundraising target of €1 billion and attracted support from both a strong group of existing and new entrepreneurs, institutional investors including pension funds, asset managers, financial institutions and family offices mainly in Europe, Japan and the Americas.

Egbert Prenger (CEO Egeria Group): “We appreciate the vote of confidence from our investors, including a large number of entrepreneurs we previously worked with, and are excited to continue partnering with founders, management teams, and employees to build leading companies with a long-term focus on value creation. I’m very proud of the Egeria team that made this great accomplishment happen and we are looking forward to continuing our journey to invest in great companies.”

Mark Wetzels (PE Managing Partner): “In the past twenty-eight years, Egeria has built a strong name in the Benelux region and, in the last six years, extended its portfolio successfully in the DACH region. EPEF VI intends to see a growing number of DACH-based investments. By supporting entrepreneurs in their succession requirements and growth ambitions, the funds have been able to perform at the top quartile level of the industry, while developing and expanding fantastic companies. I am excited about the opportunity to continue making this lasting impact.”

About Egeria

With over 28 years of investment experience, Egeria is passionate about building healthy and growing businesses, developing great places to live and work, and engaging in meaningful dialogues with management teams.

Egeria is an active partner that aims to accelerate growth, both organically and through acquisitions. Egeria invests in healthy businesses in the Benelux, the DACH region, and North America with an enterprise value of up to €500 million, with the underlying principle that management is a co-owner.

Close to 14,000 people are employed by companies supported by Egeria, with an annual turnover of over € 2.5 billion. Egeria has approximately €3.5 billion in assets under management focused on supporting entrepreneurs in their growth ambitions and investing in real estate.

Next to supporting great companies, Egeria’s donation arm, Egeria Do, aims to provide financial support to projects that have a lasting positive impact on people and society. Egeria Do invests in projects that seek to achieve significant impact with an independent future perspective. Projects that aspire to be financially self-sustainable in the long term.

Egeria has offices in Amsterdam, Munich, Berlin, Boston and Zug.

Rede Partners acted as placement agent. Jones Day and Loyens & Loeff acted as legal and tax counsel. Poellath+ acted as German tax council.

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Currant Sea Investments B.V., an affiliate company of Warburg Pincus LLC and Platinum Invictus B 2025 RSC Limited, a wholly owned subsidiary of ADIA to Invest a combined total of ~ Rs. 7,500 crore in IDFC FIRST Bank to Fuel its Next Phase of Growth

Warburg Pincus logo

Mumbai, April 17, 2025: The Board of Directors of IDFC FIRST Bank, at its meeting held today, approved a preferential issue of equity capital (CCPS) amounting to approximately ₹4,876 crore to Currant Sea Investments B.V., an affiliate company of global growth investor Warburg Pincus LLC and approximately ₹2,624 crore to Platinum Invictus B 2025 RSC Limited, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) managed by its Private Equities Department. The proposed issues are subject to shareholder and regulatory approvals.

Over the last six years, IDFC FIRST Bank has undergone a successful transformation from its legacy as an infrastructure-focused DFI to becoming a modern, technology-driven, pan-India, universal bank. In the process, it has made significant investments in distribution, technology, and talent to become a leading private sector bank in India.

During this time, deposits grew 6x, loans and advances doubled, and CASA ratio has significantly improved from 8.7% to 47.7%. PAT rose from a loss of ₹1,944 crore in FY19 to a profit of ₹2,957 crore in FY24. However, profitability dipped in 9M FY25 due to industry wide challenges in microfinance, which the bank has navigated well. With this fund raise, the overall capital adequacy will increase from 16.1% to 18.9%, (CET-1 ratio at ~16.5%, calculated on the capital position of the Bank as of December 31, 2024), strengthening the Bank’s balance sheet and positioning it for strong and self-sustaining profitable growth.

Mr. V Vaidyanathan, Managing Director & CEO, IDFC FIRST Bank: “From day one, we have always built our foundation of the Bank with a long-term vision of building a world class bank in India. We are building a culture of empathy for customers and strive to offer highest levels of customer service. We are technologically advanced and continue to stay cutting-edge.

The Bank has firmly moved into profits and is now at a pivotal stage, where our income growth is expected to consistently exceed OPEX growth, leading to improved operating leverage. We expect many businesses which are in the investment stage to turn profitable with scale.

It is great to have Warburg Pincus back and to welcome a wholly owned subsidiary of ADIA as our shareholder. We thank them both for believing in us and our future growth plans and for investing in us even under volatile global situations. We believe only by building a strong, respected franchise loved by customers and supported by strong unit economics, we will deliver sustainable long-term returns to our stakeholders.”

Vishal Mahadevia, Managing Director, Head of Asia Private Equity, and Global Co-Head of Financial Services, Warburg Pincus, said, “We believe the Indian banking sector presents an exciting opportunity and is poised for long-term growth. At Warburg Pincus, we have a long track record of partnering with exceptional teams. We have known the IDFC First Bank team for over a decade dating back to their early days and have closely seen the build out of the bank. We are excited to re-invest behind the IDFC First Bank team to support them in the next phase of growth and sustainable ROE improvement.”

Hamad Shahwan AlDhaheri, Executive Director of the Private Equities Department at ADIA, said, “IDFC First Bank has firmly established itself as one of India’s leading private sector banks, backed by a seasoned management team. It has expanded both its technology and branch infrastructure over number of years and is well positioned for the future. This investment is aimed at supporting the bank’s continued growth, enabling it to meet the rising demand for financial products in the country.”

About IDFC FIRST Bank

IDFC FIRST Bank is a new-age private bank in India, with a vision to create a world class bank in India, focused on Ethical, Digital, and Social Good Banking. It operates 971 branches spread over 60,000 locations including cities, towns, and villages across India. While it has a physical network, it is built as a digital first Bank in approach, scale and scope.

It is a full suite Universal Bank offering services across Retail, MSME, rural, corporate, wealth management, private banking, Fastag, cash management, NRI and treasury solutions. The Bank’s customer deposits are growing at 25.2% YoY and Loans & Advances growing by 20.3% YoY (as of March 31, 2025 as per provisional disclosure) based on friendly user digital interface, ethical approach, and a strong brand.

Bank’s mobile banking app was rated #1 in India and #4 globally by Forrester in Digital Experience: Indian Mobile Banking Applications, Q3 2024 and Digital Experience Review™: Global Mobile Banking Apps, Q4 2024.

Its employees believe that to create a world class bank in India is an incredible opportunity of their lifetimes.

About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $87 billion in assets under management, and more than 220 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com.

About Abu Dhabi Investment Authority (ADIA)

Established in 1976, the Abu Dhabi Investment Authority (“ADIA”) is a globally diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

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Lexington Medical Secures Growth Investment from Ampersand Capital Partners

Ampersand

Bedford, Massachusetts, April 17, 2025 /PRNewswire/ – Lexington Medical (“Lexington”), a leader in minimally-invasive surgical stapling solutions, today announced a strategic investment by Ampersand Capital Partners (“Ampersand”), a private equity firm specializing in growth equity investments in the healthcare and life sciences sectors. The partnership underscores Ampersand’s confidence in Lexington’s potential to redefine surgical stapling standards and positions the company for accelerated growth in product innovation, smart manufacturing, and global market expansion.

Founded in 2013 and headquartered in Bedford, MA, Lexington Medical designs and manufactures high-performance endoscopic stapling devices, which are proudly made in the USA and used in a wide range of surgical procedures. With international offices in Switzerland, Australia, Germany, and the UK, and a team of approximately 150 employees, Lexington has built a patented portfolio of over 40 SKUs that are trusted by surgeons in more than 35 countries. Its flagship AEON™ and AEON™ Powered Stapling platforms are recognized as the most advanced stapling platforms available, featuring proprietary technologies that deliver superior clinical outcomes.

“The investment from Ampersand is a testament to Lexington’s impressive growth and strategic vision,” said Leon Amariglio, Founder and CEO of Lexington Medical. “This investment will expedite our innovation pipeline, expand our global reach, and create new opportunities for talented professionals to join us in shaping the future of surgical care, all while maintaining our commitment to best-in-class quality control and US manufacturing.”

“Lexington is an impressive company with a strong culture of innovation, exceptional leadership, and a commitment to quality and performance that is unmatched” said Trevor Wahlbrink, General Partner at Ampersand. “We are excited to partner with Leon and his team to further strengthen their position in surgical stapling.”

This partnership comes at a pivotal time as Lexington Medical expands its world-class team to meet the growing demand for its stapling solutions. Interested candidates and collaborators are invited to visit www.lexington-med.com/careers or contact careers@lexington-med.com to learn more about career and partnership opportunities.

About Lexington Medical

Founded in 2013, Lexington Medical, Inc. is a rapidly growing Bedford, Massachusetts-based company disrupting minimally invasive surgical stapling. Its AEON™ Endostapler sets the standard for precision, performance and clinical outcomes, trusted by surgeons in over 35 countries. Rooted in an engineering driven and talent-dense, collaborative culture, Lexington drives continuous innovation through U.S.-based design and manufacturing, working closely with leading surgeons to enhance patient outcomes. Learn more at www.lexington-med.com or follow us on LinkedIn.

About Ampersand Capital Partners

Ampersand Capital Partners, founded in 1988, is a middle-market private equity firm with $3 billion of assets under management, dedicated to growth-oriented investments in the healthcare sector. With offices in Boston, MA, and Amsterdam, Netherlands, Ampersand leverages a unique blend of private equity and operating experience to build value and drive long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of the firm’s core healthcare sectors. For additional information, visit AmpersandCapital.com or follow us on LinkedIn.

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Toku Raises $48 Million Series A

Oak HC FT

Raising the largest A round ever for a LatAm female founder

Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years. Existing investors, including Gradient Ventures (one of Google’s investment funds), F-Prime, Clocktower, Y Combinator, and Honey Island by 4UM, also participated.

Toku’s software connects companies’ ERPs with banks and payment rails, enabling payment orchestration and automated collections. Its suite includes customizable payment portals, automated reconciliations, and optimized collection strategies. In Latin America, where automatic payment adoption is low, Toku increases automated payment methods from 10% to 90%, significantly boosting companies’ revenue. By leveraging real-time data, Toku automates the entire payment cycle – from method selection to customer engagement – enhancing both efficiency and user experience.

The company is focused on Mexico, Brazil, and Chile, serving mid-market to enterprise businesses in sectors like insurance, credit, education, real estate and utilities, handling collections from $10 million to $10 billion. The newly raised funds will be deployed to double down on its existing go-to-market strategy, while accelerating its product development. In 2024, Toku more than doubled in revenue, tripled its TPV, and achieved 160% net dollar retention.

Across Latin America, Toku now has more than 150 employees and serves more than 450 enterprises, including Chevrolet, Mapfre, Liverpool, and MetLife.

“Latin America still heavily relies on manual and inefficient payment collection processes, creating challenges for businesses and frustrating customers,” said Cristina Etcheberry, CEO of Toku. “These outdated methods lead to high delinquency rates and unnecessary friction. This latest investment round further validates the demand for Toku’s solutions, and we are excited to bring our technology to even more companies and regions,” added Etcheberry, who grew up in Chile in an entrepreneurial and finance-focused family.

“Mid-to-large enterprises in Latin America are navigating high operational costs, complex payment infrastructures, and increasing delinquency rates,” said Allen Miller, Partner at Oak HC/FT. “Toku is addressing this pain point and empowering businesses across diverse industries with its seamless, world-class payment technology. We are thrilled to partner with the Toku team and look forward to supporting the company in this next phase of growth.”

Toku was founded with the mission to free Latin American enterprises from outdated processes, manual tasks, an inflexible software stack, and unnecessary risks. The company ensures that businesses receive their revenue reliably and cost-effectively while enhancing the payment experience for their customers. “We aim to provide peace of mind, acting as a trusted partner that safeguards our clients’ revenue streams. By enabling businesses to focus on their core operations without added payment concerns, we help them achieve their goals. Our impact may be indirect, but it is significant – we continuously work alongside our clients to refine our services, aiming to reach over 100 million people in the next few years,” concluded Cristina Etcheberry.

For more information about Toku and its innovative payment solutions, visit www.trytoku.com.

About Toku

Toku is a leading financial technology company in Latin America, specializing in comprehensive payment solutions. Founded in 2020, Toku provides tailored payment solutions to industries with recurring payments, empowering businesses to increase revenue while minimizing costs through efficient payment processing and enhanced customer experiences. With operations in Mexico, Chile, and Brazil, Toku is committed to transforming the financial landscape in Latin America. For more information, visit www.trytoku.com

‍About Oak HC/FT

Oak HC/FT is a venture and growth equity firm specializing in investments in fintech and healthcare. Using partnership as a foundation, Oak HC/FT guides companies and founders at every stage, from seed to growth, to create businesses that make a measurable and lasting impact. Founded in 2014, Oak HC/FT has invested in over 85 portfolio companies and has over $5.3 billion in assets under management. Oak HC/FT is headquartered in Stamford, CT, with an office in San Francisco, CA. Follow Oak HC/FT on LinkedIn and X and learn more at https://www.oakhcft.com/.

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CVC DIF’s Ottoway acquires two UK student accommodation assets

DIF

CVC DIF’s portfolio company Ottoway Portfolio Holdings acquires two purpose-built student accommodation assets in the UK

  • Beaverbank Place in Edinburgh and Firhill Court in Glasgow add an additional 750 beds to Ottoway’s fast-growing portfolio.
  • This significant growth milestone for the business will expand Ottoway’s footprint to over 5,000 beds nationwide.

CVC DIF, the infrastructure strategy of leading global private markets manager CVC, is pleased to announce the strategic acquisition for its student accommodation platform, Ottoway Portfolio Holdings (“Ottoway”), of two purpose-built student accommodation assets from Mapletree Global Student Accommodation Private Trust. These assets will be added to the existing Ottoway platform, a DIF Infrastructure VI investment, which already includes a portfolio of eight student accommodation assets in the United Kingdom.  

The newly acquired assets are ideally located in popular university cities with strong supply-demand imbalance and are backed by nomination agreements with top universities. Beaverbank Place in Edinburgh and Firhill Court in Glasgow will add c.750 beds to Ottoway’s portfolio which now totals over 5,000 beds. Both assets benefit from high occupancy rates.

Gijs Voskuyl, Managing Partner at CVC DIF, commented, “The acquisition of Beaverbank Place and Firhill Court is a significant step in our value creation strategy for the Ottoway platform. By expanding and diversifying our Ottoway portfolio, we are better positioned to address the evolving needs of the student accommodation sector. This acquisition underscores our commitment to providing high-quality living arrangements for students and supporting the educational landscape”.

Backed by long-term demographic tailwinds, Ottoway is focused on delivering student-centric accommodation in thriving academic centres. The platform is actively pursuing further growth opportunities to continue partnering with leading universities across the UK and meet accelerating demand in this resilient sector.

About CVC DIF

CVC DIF (formerly DIF Capital Partners) is a leading global mid-market infrastructure equity fund manager.

Founded in 2005 and headquartered in Amsterdam, the Netherlands, CVC DIF has c. €19 billion of infrastructure assets under management in energy transition, transport, utilities and digitalisation.

With over 240 people in 12 offices, CVC DIF offers a unique market approach, combining a global presence with the benefits of strong local networks and sector-focused investment capabilities.

CVC DIF forms the infrastructure strategy of leading global private markets manager CVC. This partnership allows CVC DIF to benefit from CVC’s global platform, with 30 offices across five continents.

Press contacts

CVC DIF

Renate Klöters

press@dif.eu

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Bridgepoint announces strategic investment in Argon & Co

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Bridgepoint

Paris, 16 April 2025 – Bridgepoint, one of the world’s leading quoted private asset growth investors, has announced it will partner with Argon & Co, a global management consultancy specialising in operations strategy and transformation.

The transaction sees Bridgepoint Development Capital V – a lower middle-market fund focused on supporting fast-growing businesses across Europe – become a significant minority shareholder in Argon & Co. The company will continue to be majority owned by its Partners with incumbent sponsor Ardian reinvesting a minority stake in the business.

Operating in 13 countries with over 850 FTEs, Argon & Co serves a wide range of blue-chip and middle-market clients with a differentiated offering spanning supply chain planning, logistics, manufacturing, procurement, data and AI advisory, and related strategic transformation services. The company has established itself as a trusted partner for global industrial leaders seeking to optimise their operations, enhance innovation and resilience, and deliver tangible value across their supply chains. The strength of Argon & Co’s position in the market is reflected in its strong growth record, with revenue in the region of €175m in FY2024-25 and with 15 acquisitions completed since 2020.

The consulting market segment in which Argon & Co operates – focused on supply chain excellence together with operations strategy and transformation – is valued at over €4.4bn globally and projected to expand at around 7% per annum. This robust growth is underpinned by long-term structural drivers including geopolitical volatility, procurement cost pressures, digital innovation and greater supply chain sustainability requirements. These dynamics are increasing demand among corporates for specialist partners who can reliably deliver both strategic vision and hands-on implementation.

Leveraging its deep sector expertise and global platform, Bridgepoint will support Argon & Co’s next phase of expansion, including further internationalisation – particularly in Europe and the US – alongside continued development of its consulting capabilities. In addition, Bridgepoint will aid Argon & Co in pursuing an enhanced M&A strategy, helping assess and complete highly synergistic transactions that will strengthen the company’s leadership position, commencing in the immediate term.

Bridgepoint has extensive sector expertise in scaling specialist consulting businesses in their respective niches, including experience with investments in Alpha FMC, Analysys Mason and Prescient. The partnership will also draw on Bridgepoint’s experience in adjacent industries, including supply chain management and technology services companies such as Achilles, Groupe Sinari and Surikat.

Bertrand Demesse, Partner at Bridgepoint, said: “Argon & Co is a stand-out player in the global operations consulting market. With its strong technical expertise, high client retention and clear growth strategy, the business is well placed to capitalise on intensifying global demand for supply chain resilience, digital transformation, and operational excellence. We are delighted to partner with Jean-François and the team to help accelerate Argon & Co’s international footprint and continue building a leading global specialist in the operations strategy and transformation consulting space.”

Jean-François Laget, CEO of Argon and Co, added: “We are proud of the journey Argon & Co has been on to date with Ardian and are excited to be partnering with Bridgepoint for this next chapter. Their experience in internationalising specialist consultancies, and deep understanding of our sector, make them the ideal partner to help us scale further.”

Frédéric Quéru and Geoffroy de La Grandière, Managing Directors, Growth at Ardian, said: “We thank the leadership team of Argon & Co for their trust and their invitation to continue our collaboration. Since our first investment in 2020, the firm has grown from a tier-one player in France to a leading international operations consulting group. We have been delighted to back the company’s development, with notably 15 acquisitions completed to date and the launch of a data/AI offering. Ardian is excited to continue supporting Argon & Co’s ambition alongside Bridgepoint.”

 

The transaction completed in April 2025. Financial terms of the deal were not disclosed.

Bridgepoint was advised by Hogan Lovells (Corporate, Tax, Antitrust), Sycomore Corporate Finance, Natixis Partners, Lazard (M&A), KPMG (Finance, Legal, Labour, Tax, ESG), L.E.K. Consulting (Strategy), Ropes & Gray (Legal), and Singulier x Indefi (AI).

Argon and Co. was advised by Edmond de Rothschild (M&A, Debt Advisory), Paul Hastings (Legal, Tax), Argos and Cards (Legal), and Eight Advisory, Oderis, and PwC (Due Diligence).

Ardian was advised by King & Spalding (Corporate).

 

About Bridgepoint – www.bridgepointgroup.com

Bridgepoint is one of the world’s leading quoted private asset growth investors, specialising in mid-market private equity, infrastructure and private credit. With over $75 bn of assets under management and a strong local presence in Europe, North America and Asia, Bridgepoint combines global scale with local market insight and sector expertise.

Prior Bridgepoint investments in technology-enabled services and specialist consultancy businesses include Alpha FMC, Analysys Mason, Achilles and Prescient.

About Argon & Co. – www.argonandco.com

Argon & Co is a global management consultancy that specialises in operations strategy and transformation. Its expertise spans supply chain planning, manufacturing, logistics, procurement, finance, and shared services, working together with clients to transform their businesses and generate real change. Its people are engaging to work with and trusted by clients to get the job done.

Argon & Co has 17 offices across Europe, Australasia, America, Asia and the Middle East.

About Ardian – www.ardian.com

Ardian is a world-leading private investment house, managing or advising $177bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 20 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.  At Ardian we invest all of ourselves in building companies that last.

Bridgepoint Group is one of the world’s leading quoted private asset growth investors, specialising in private equity, infrastructure and private credit.

With over $75 billion of assets under management and a strong local presence in Europe, North America and Asia, we combine global scale with local market insight and sector expertise, consistently delivering strong returns through cycles.

Bridgepoint Advisers Limited, a subsidiary of Bridgepoint Group plc, is authorised and regulated by the Financial Conduct Authority.

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Platinum Equity Supports Proposed Recapitalization Agreement at Aventiv Technologies

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Platinum

LOS ANGELES (April 16, 2025) – Platinum Equity confirmed today that it and other financial stakeholders have reached agreement to recapitalize Aventiv Technologies via an out-of-court debt-for-equity exchange.

If approved by relevant regulatory agencies, the agreement, announced today, will facilitate Platinum’s long-anticipated divestiture of the business as Aventiv transitions to new ownership upon close of the transaction.

In March 2024, Platinum initiated a process to evaluate strategic alternatives for Aventiv, which has been significantly transformed under Platinum’s ownership. The agreement announced today is the culmination of that process.

“We are proud of the work we’ve done and believe Aventiv is a much different business today than when we acquired it, to the benefit of the diverse range of stakeholders the company serves,” Platinum Equity said in a statement.

The divestiture will culminate a business transformation of Aventiv that was accomplished during one of the most trying periods in the company’s history, including a pandemic that significantly altered operations and drove long-term changes to the workforce in most of the institutions it serves, regulatory changes that have significantly changed the industry, and capital markets dislocation that drove a sudden increase in borrowing costs that limited working capital.

“We faced challenges head on and never wavered in our commitment to doing the right thing,” Platinum said in its statement. “We believe the company is well-positioned today to continue effecting change and leading the industry.”

Key elements of Aventiv’s transformation during Platinum’s ownership include:

  • appointment of leaders focused on collaborative, solutions-oriented engagement with customers, consumers, and regulators;
  • improved affordability and accessibility of communication services for customers, consumers, and their friends and family, via vastly expanded connections delivered through phone apps on tablets, secure e-messaging and text, and video connect capabilities;
  • development of an expansive new suite of technology products and services supporting access to media, education, job training, and other programs designed to support rehabilitative justice and help reduce recidivism;
  • creation of the Justice Sandbox, a digital marketplace where justice-impacted tech entrepreneurs can develop and launch content that directly supports currently incarcerated individuals preparing for reentry;
  • investment of more than $600 million over the past five years to build the quality infrastructure and innovative solutions, while deploying more than 600K tablets, that help keep families and communities safe and connected when a loved one is incarcerated – providing resources otherwise unavailable if facility customers relied solely on public funds.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $48 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions.

Categories: News