Investcorp

Shearer Supply Acquires Climatic Comfort Products from The Climatic Corporation

Retrieved on: 
Monday, April 8, 2024
HVAC, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Investcorp, Growth, Shearer, Mitsubishi Group, Ameristar, CCP, Acquisition, Gibson Dunn, American Standard

Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.

Key Points: 
  • Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.
  • Family owned and operated since 1936, CCP has evolved over the last 88 years into a leading distributor of HVAC equipment in the Southeast.
  • “The acquisition of CCP fits well with our strategy of acquiring complementary businesses located in attractive geographies representing best-in-class equipment manufacturers,” said Michelle Shearer-Rodriguez, CEO of Shearer Supply.
  • Gibson, Dunn & Crutcher LLP represented Shearer Supply in the transaction.

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

Retrieved on: 
Monday, March 11, 2024
Security, Retail, Technology, Convenience Store, Supermarket, Hardware, Investcorp, Government, Growth, Trust, EPS, Webcast, Operations security, LLP, Acquisition, Adjustment, CXT, Crane

OpSec is a global leader in brand protection and authentication solutions, serving the world’s most recognized brands, as well as government agencies and financial institutions.

Key Points: 
  • OpSec is a global leader in brand protection and authentication solutions, serving the world’s most recognized brands, as well as government agencies and financial institutions.
  • OpSec is a global leader in these markets with its proprietary technology, broad suite of solutions, and integrated offering.
  • Crane NXT will host a conference call to discuss the transaction on Monday, March 11, 2024, at 9:00 A.M. (Eastern).
  • Baird is acting as Crane NXT’s financial advisor, and Davis Polk & Wardwell LLP is serving as Crane NXT’s legal counsel.

Xponance Alts Solutions Announces Strategic Investment in The Copia Group

Retrieved on: 
Tuesday, March 19, 2024
Partnership, Investcorp, Growth

PHILADELPHIA, March 19, 2024 /PRNewswire/ -- Xponance Alts Solutions ("XAlts"), a subsidiary of Xponance Inc, announced today that it has entered into a strategic partnership with private investment firm The Copia Group ("Copia").

Key Points: 
  • PHILADELPHIA, March 19, 2024 /PRNewswire/ -- Xponance Alts Solutions ("XAlts"), a subsidiary of Xponance Inc, announced today that it has entered into a strategic partnership with private investment firm The Copia Group ("Copia").
  • XAlts will make both a GP minority investment in Copia as well as an LP commitment in its first private credit offering.
  • XAlts' strategic relationship with Copia draws upon Xponance's 27-year history of investing with diverse, emerging, and women-owned business enterprises on public market platforms.
  • Copia is XAlts' sixth GP investment since the strategy's inception and its first emerging manager investment.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024
BNP Paribas, Name, Sustainability, ADQ, IPA, Register, ADFW, Growth, AUM, COP28, World Bank, Bridgewater Associates, DLT, Risk assessment, Sustainable finance, G42, AIIB, GCFC, LPA, Fintech, Goldman Sachs, JPMorgan Chase, Abu Dhabi Global Market, Asian Infrastructure Investment Bank, Investcorp, Distributed ledger, Cryptocurrency

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024
BNP Paribas, Name, Sustainability, ADQ, IPA, Register, ADFW, Growth, AUM, COP28, World Bank, Bridgewater Associates, DLT, Risk assessment, Sustainable finance, G42, AIIB, GCFC, LPA, Fintech, Goldman Sachs, JPMorgan Chase, Abu Dhabi Global Market, Asian Infrastructure Investment Bank, Investcorp, Distributed ledger, Cryptocurrency

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

WEMIX expands global reach with its first Europe listing on Bit2Me, Spain’s largest virtual asset exchange

Retrieved on: 
Wednesday, February 7, 2024
European Investment Fund, European, ISO, ISO 22301, Investcorp, Telecommunications, Bank, EUR, ISO/IEC, Cryptocurrency

WEMIX functions as a resource with economic value that is used for everything from yield farming, staking and swaps, to governance.

Key Points: 
  • WEMIX functions as a resource with economic value that is used for everything from yield farming, staking and swaps, to governance.
  • It is also used as a medium for exchange, payments and transactions including in-game purchases.
  • The Bit2Me listing is a significant milestone for being the very first WEMIX listing on a cryptocurrency exchange based in Europe.
  • It also marks the start of plans by the WEMIX Foundation to increase accessibility and convenience to WEMIX for over 450 million Spanish speakers worldwide.

Banner Ridge Partners Announces Strategic Growth Investment from Investcorp’s Strategic Capital Group

Retrieved on: 
Monday, February 5, 2024
Professional Services, Finance, Partnership, Multimedia, Record, GP, Growth, Ridge, Capital Group Companies, Family, BRP, Investcorp

Banner Ridge Partners (“Banner Ridge” or the “Firm”), a $7.3 billion private markets investment specialist, today announced that Investcorp’s Strategic Capital Group (“ISCG”) has made a growth investment in the Firm.

Key Points: 
  • Banner Ridge Partners (“Banner Ridge” or the “Firm”), a $7.3 billion private markets investment specialist, today announced that Investcorp’s Strategic Capital Group (“ISCG”) has made a growth investment in the Firm.
  • View the full release here: https://www.businesswire.com/news/home/20240205182972/en/
    The partnership with ISCG provides Banner Ridge with primary growth capital and follows the recent closing of Banner Ridge Secondary Fund V ("BRP V") at its hard cap of $2.15 billion.
  • “Banner Ridge represents our 12th GP investment and is a highly complementary addition to our diverse family of GP partners,” said Tim Osnabrug, Partner, ISCG.
  • “We look forward to supporting Anthony, C.J., and the entire Banner Ridge team as they embark on their next chapter.”

RoadSafe Traffic Systems Acquires B.C. Cannon Co., Inc

Retrieved on: 
Monday, January 22, 2024
Other Transport, Building Systems, Other Construction & Property, Transport, Construction & Property, Trust, Partnership, Investcorp, History, Acquisition, Safety, Shipbuilding

RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, today announced the acquisition of B.C.

Key Points: 
  • RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, today announced the acquisition of B.C.
  • Cannon).
  • Cannon has proudly served as the premier traffic safety company in the Carolinas for three generations,” said DeDe Cannon, CEO of B.C.
  • Cannon.

Corsair to Acquire MJM Holdings, a Leading European Commercial Insurance Broker

Retrieved on: 
Wednesday, January 10, 2024
Professional Services, Insurance, Finance, Heart, Corporate services, Collection, Partnership, Investcorp, MJM, History, Investment, Risk management, Transport, Infrastructure, Growth, Financial services

Corsair , a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings (“MJM” or “the Company”), a leading independent commercial insurance broker based in Poland.

Key Points: 
  • Corsair , a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings (“MJM” or “the Company”), a leading independent commercial insurance broker based in Poland.
  • MJM’s three divisions cover property & casualty insurance, commercial motor insurance, and reinsurance, enabling MJM to offer a comprehensive suite of solutions with specialist advice and high levels of service across its focused client sectors.
  • We are proud to support MJM as the firm begins this new chapter of growth,” said Raja Hadji-Touma, Partner at Corsair.
  • MJM Holdings is one of Poland’s leading insurance distribution businesses, and is a collection of best-in-class platforms consisting of Attis Broker (corporate insurance) Smartt Re (reinsurance), MJM Brokers (motor) and MJM Risk Management (risk management and advisory services).

Holcim joins Circularity Task Force at COP28

Retrieved on: 
Tuesday, December 26, 2023
LGT Group, Urbanization, City, Dubai Airports Company, Heart, SMI, Force, Recycling, COP28, GameChanger, Sustainable markets, Task force, Lumber, Investcorp, Holcim

Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation

Key Points: 
  • Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation
    Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate our world’s shift to a circular economy.
  • This task force aims to close essential material loops to advance climate action, while preserving nature’s resources and planetary boundaries.
  • The Circularity Task Force is aligned with the Terra Carta charter putting nature, people and planet at the heart of global value creation through real economy action.
  • By building cross-sector collaboration, Holcim together with the other founding members of the Circularity Task Force - Gemini Corp, Dubai Airports, Investcorp, and LGT Group - will champion tangible, scalable and sustainable circular business practices, while raising awareness about supportive regulatory frameworks.