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PAI Partners enters partnership with Motel One to accelerate international growth

PAI Partners

PAI Partners, a pre-eminent private equity firm, has agreed to enter into a proprietary partnership with a consortium led by Dieter Müller for Motel One Group, a leading economy design hotel chain in Europe, to support its next phase of international growth. PAI will become the majority owner of Motel One, with a share of c. 80% in the operating business. Following the transaction, Dieter Müller, Founder of Motel One, will remain Chairman of the company. Independently of the partnership with PAI, Dieter Müller will further develop the previously spun-off real estate arm to further support the growth of Motel One.

Since its founding in 2000, Motel One has been a pioneer and market leader in the budget design hotel category. Motel One’s unique combination of affordable pricing, prime inner-city locations, leading guest satisfaction and high-end design has allowed it to become one of the best performing concepts in European hospitality over the past decade.

Motel One has been on a strong growth trajectory, attracting more than 10 million guests in 2024. Initially focused on the DACH region, the company today operates 99 hotels across 13 countries, including the UK, France and the United States, with approximately 28,000 rooms. The company’s growth has been further accelerated by the launch of its new lifestyle brand, The Cloud One Hotels, with properties in New York, Hamburg, Düsseldorf, Prague and Gdańsk.

PAI is a recognised global leader in Consumer Services, following decades of investing in the Real Economy, transforming businesses into European and global leaders. The agreement for Motel One builds on its solid credentials in founder-led partnerships, deep European network and proven expertise in the hospitality industry, including the successful transformations of B&B Hotels, Roompot and European Camping Group.

Dieter Müller, Founder & Chairman of Motel One, said: “I am delighted to welcome PAI as a strategic partner with extensive expertise in the hospitality industry. Together, we will further accelerate the international expansion of Motel One. We look forward to partnering with PAI as we embark on the next chapter in our exciting growth story.”

Daniel Müller and Stefan Lenze, Co-CEOs of Motel One, said: “On behalf of the entire management team, we welcome PAI’s commitment to Motel One. We look forward to the new impetus they will bring to our international expansion, building on the company’s successful business model.”

Bertrand Monier and Ralph Heuwing, Partners at PAI, said: “We are thrilled to partner with Dieter Müller and the excellent Motel One management team. We look forward to building on the company’s current momentum, supporting its next stage of international growth while preserving the unique DNA created by its visionary founder.”

The transaction is subject to customary regulatory approvals and is expected to close in Q2 2025.

Contact

Motel One
Inken Mende
+49 89665025-818
imende@motel-one.com

PAI Partners
Dania Saidam
+44 20 7297 4678
dsaidam@paipartners.com

About Motel One

Founded in 2000 and headquartered in Munich, Motel One has received numerous awards for its concept and is recognized as the pioneer of the budget design hotel category. The Motel One Group currently operates 99 hotels with 27,928 rooms in 13 countries (as of February 2025). Both industry experts and guests appreciate the unique combination of high-quality furnishings, exclusive design, high service standards, and prime city-center locations at an attractive price. In 2022, Motel One Group launched its new lifestyle brand, The Cloud One Hotels, with its first property in New York.
More information at: www.motel-one.com

About PAI Partners

PAI Partners is a pre-eminent private equity firm investing in market-leading companies across the globe. The Firm has more than €27 billion of assets under management and, since 1994, has completed over 100 investments in 12 countries and realised more than €26 billion in proceeds from over 60 exits. PAI has built an outstanding track record through partnering with ambitious management teams where its unique perspective, unrivalled sector experience, and long-term vision enable companies to pursue their full potential – and push beyond. Learn more about the PAI story, the team and their approach at: www.paipartners.com.

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Echandia Closes a €19.6mn Financing Round Led by Alantra’s €210mn Energy Transition Fund, Klima

Alantra

• The investment will support Echandia, a leading Swedish supplier of maritime battery systems, in its global expansion, including a new production facility in the U.S., to meet the growing demand for maritime battery solutions

• Echandia joins Klima’s diverse portfolio of eight high-growth companies driving innovation in energy transition

• Klima is supported by Alantra, Enagás, the European Investment Fund, the Canadian Pension Fund, and Axis ICO, reinforcing its role in financing sustainable energy solutions

 

Stockholm, 3 March 2025 – Alantra’s energy transition fund, Klima, has led a €19.6mn financing round for Echandia, a leading Swedish supplier of maritime battery systems. The round also attracted new investors, including Swedish funds Industrifonden and SEB Greentech VC, as well as Japanese venture capital firm EEI.

The capital raised will support Echandia’s global expansion and enhance its production capabilities in Sweden and the U.S. As part of this growth, the company is establishing a new production facility in Washington State, where it will manufacture its advanced maritime battery systems.

The funding will allow Echandia to scale its operations more rapidly and take on larger projects to meet the increasing demand for maritime battery solutions. With shipping accounting for 3% of global CO₂ emissions, decarbonization is a key challenge. Echandia’s technology is particularly well-suited for ferries and navy vessels, where safety and resilience are critical.

Torbjörn Bäck, CEO of Echandia, said: “Echandia is at the forefront of maritime electrification globally, helping customers reduce emissions with clear customer values such as safe, resilient and long-lasting maritime battery systems. We are proud to have closed this large funding round with well-known investors, marking a major milestone for us. Our revenues grew fourfold in 2024 compared to 2023, and with our current sales pipeline, we expect our revenues to triple in 2025. We look forward to continuing Echandia’s scale-up and expansion with our new, highly experienced investors on board.”

Manuel Alamillo, Partner at Alantra’s Energy Transition fund, Klima, added: “Decarbonizing hard-to-abate sectors like shipping, aviation, and heavy industry is critical to achieving our global climate goals. These sectors represent a significant portion of global emissions, accounting for about 30% of global GHG emissions and they lack readily available solutions. Investing in these sectors isn’t just an environmental imperative, it’s an economic one. By investing in and supporting Echandia’s energy storage solutions, we are excited to accelerate the decarbonization of the maritime sector.”

Anna Ljungdahl, Head of Sustainable Investments and Senior Investment Director at Industrifonden, concluded: “Echandia is at the forefront of innovation, meeting the demanding requirements of sectors like military and defense, making its solution truly remarkable. We look forward to commercializing the product globally alongside the team and a strong international investor base, providing financial stability and industry expertise.”

The financing round brings Echandia into Klima’s portfolio, which now includes eight companies: MainSpring Energy, Meteomatics, Sunroof, Enmacc, Eturnity, GridBeyond, and SWTCH Energy. The investment follows Klima’s recent participation in Meteomatics’ Series C funding round last month, aimed at scaling the company’s high-resolution weather technology and expanding into the U.S.

Alantra’s €210mn energy transition fund, Klima, invests in high-growth companies across key energy transition sectors. Supported by Alantra and Enagás as sponsors, Klima also counts the European Investment Fund, the Canadian Pension Fund, and Axis ICO among its key investors.

 

 

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Adelis Equity Partners Closes EUR 1.6 billion Fourth Fund

Adelis Equity

Adelis Equity Partners Fund IV has held a final close. The Fund will continue its predecessor funds’ focus on growth-oriented investments in the Nordic and DACH regions.

Adelis Equity Partners Fund IV (Adelis IV) held a final close on 28 February 2025, following a quick and successful fundraising. The Fund, which was significantly oversubscribed, raised EUR 1.5 billion from external investors, on top of which Adelis’ employees have committed to invest 7.7% (equivalent to EUR 116 million) for a total fund size of EUR 1.616 billion.

Investors in Adelis IV include leading pension funds, foundations and fund-of-funds from Europe and North America. Seventy-five per cent of the Fund’s external capital came from investors in Adelis Equity Partners Fund III, who collectively increased their investment amount by 30% compared to the Fund’s predecessor.

Adelis is a growth partner for well-positioned companies in the Nordic and DACH regions. Adelis partners with management and/or owners to build businesses in growth segments and with strong market positions. Since raising its first fund in 2013, Adelis has consistently been one of the most active investors in the Nordic middle-market, making 45 platform investments and more than 260 add-on acquisitions.

Adelis Equity Partners Fund III raised EUR 932 million in 2021. Since its inception, the firm has raised EUR 4.25 billion of capital across four flagship funds and two continuation vehicles.

“We are grateful for the strong support from our existing investors and very pleased to have broadened our investor base with additional blue-chip institutions from Europe and North America” says Jan Åkesson at Adelis.

Adelis received legal advice from Akin Gump Strauss Hauer & Feld and Vinge in the fundraising process. Park Hill Group served as exclusive placement adviser.

For further information:

Jan Åkesson, Chairman and Co-Founder, + 46 8 525 200 01.

Adalbjörn Stefansson, Head of Investor Relations, +46 8 525 200 04.

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Blackstone Announces Agreement to Acquire a Majority Stake in CMIC Co., Ltd., Japan’s Leading Contract Research Organization, Continuing Robust Deal Momentum in Japan

Blackstone

Tokyo – March 3, 2025 – Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire a majority stake in CMIC Co., Ltd. (“CMIC” or “the Company”), Japan’s leading contract research organization (CRO) that provides comprehensive end-to-end services across clinical trial phases and therapeutic areas. Blackstone will acquire a 60% stake while CMIC HOLDINGS Co., Ltd. (“CMIC HD”) will retain the remaining 40% stake in the Company.

This investment underscores Blackstone’s commitment to investing in Japan’s healthcare services sector, where it has deep expertise and network.

Atsuhiko Sakamoto, Head of Private Equity, Blackstone Japan, said: “This is a continuation of our strong commitment to Japan – one of our fastest-growing markets globally – and investing in our high conviction theme, life-sciences-related services, where we’ve built a meaningful portfolio in Japan and around the world. We’re focused on bringing critical medicines and technologies to the Japanese market and helping transform the industry and patients’ lives. We’re proud to showcase a hallmark Blackstone deal: partnering with a visionary founder and the management team to help build the business for lasting value, benefitting from our scale, operational expertise, and synergy across our portfolio.”

CMIC was founded in 1992 as the first CRO in Japan. It has pioneered the sector, partnering with pharmaceutical and biotechnology companies to help develop medicines and bring them to the market faster and more efficiently.

Kazuo Nakamura, Founder, Chairman & Chief Executive Officer, CMIC HD, said: “We are thrilled to partner with Blackstone, the world’s leading alternative investor, and continue CMIC’s growth. CMIC, as the first pioneer, brings 33 years of industry heritage and has become the top player in Asia, serving as a critical partner to healthcare and pharmaceutical institutions, individuals, and the government. We couldn’t be prouder of how the Company is positioned today and expect Blackstone to play a key role in further unlocking the Company’s potential.”

Blackstone had one of its most active years in Japan last year. In Private Equity, Blackstone announced four landmark transactions including I’rom Group, Japan’s leading SMO; Infocom, the leading provider of digital comics in one of the largest deals in 2024; Sony Payment Services, a carveout of Sony’s payment service provider; and the sale of Alinamin after transforming the company into a market leader. In Real Estate, Blackstone announced the acquisition of Tokyo Garden Terrace Kioicho, Japan’s largest real estate investment ever by a foreign investor.

About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than $1.1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Media Contact
Mariko Sanchanta
mariko.sanchanta@blackstone.com
080 8702 7386

Minako Otani
blackstone@kekstcnc.com
+81 (0)3 5156 0190
+81 (0) 90 3239 9348

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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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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 LinkedIn, X, YouTube 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
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Accel-KKR Credit Partners Provides Growth Financing to OneShield

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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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