Shore Capital Partners has closed its inaugural Healthcare Advantage Fund, second Business Services Partners Fund (“Business Services Fund II”), and first Shore Search Partners Fund (“Search Fund”). The three new funds exceeded their targets and represent over $1.9 billion in combined capital commitments. Commitments for Shore’s three new funds came from the firm’s existing investors and […]
Archives for October 8, 2024
Renovus Capital Beats Fund IV Target
Renovus Capital Partners has held an oversubscribed and above-target closing of its fourth private equity fund, Renovus Capital Partners IV Core Buyout LP and parallel vehicles (Fund IV), with $875 million of capital. Fund IV closed with commitments of $825 million from limited partners and the US Small Business Administration and $50 million from the […]
Riverspan Buys POLARIS Laboratories
Riverspan Partners has acquired POLARIS Laboratories, a provider of test and measurement services. POLARIS Laboratories provides advanced laboratory testing and AI-enabled analysis services for oils, fuels, coolants, and greases used in transportation, backup power, mining, industrial, oil and gas, and marine applications. The company’s services assist companies with maintaining their equipment, preventing breakdowns, and reducing […]
NewSpring Acquires Radar Systems Maker C Speed
NewSpring Holdings has acquired C Speed, a provider of radar systems and engineering services for civilian and military applications. This is the fourth platform NewSpring Holdings has formed over the past fifteen months. C Speed specializes in designing, prototyping, and manufacturing radar systems, including radar receivers, exciters, and signal processors. One of its key products is […]
