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CAPZA has announced the acquisition of a majority stake in French real estate diagnostics firm INAXE Energie & Environnement. This strategic investment aims to drive INAXE’s growth through diversification, external growth opportunities, and stronger ESG practices. The partnership also marks a managerial transition, with new leadership by CEO Cedric Audo and Managing Director Sebastien Taddia. CAPZA https://lnkd.in/emjv-RHk #LBO #Buyouts

Interesting read from Tom’s conversation with Simon in Private Funds CFO this week. Find out how our recent acquisition makes us the global partner of choice to support your funds growth ambition. #vistra #progresswithoutfriction

https://lnkd.in/e9F7jW3P With capital more scarce and expensive these days, a consolidation and multiple expansion strategy won’t be enough for value creation. Acquired assets must be managed and grown organically.

Capitala Group announces the successful sale of its remaining equity investment in Nth Degree, Inc., a market-leading provider of exhibit management and event services, to Shamrock Capital. With the recent sale of Nth Degree, Capitala’s equity position has been fully realized, generating an 85% IRR since the initial investment was made. “Capitala has supported Nth Degree and its management since 2015. The Company’s partnership with MSouth Equity Partners began in December 2019 and withstood a global pandemic, economic headwinds, and a challenging interest rate cycle,” said Randall Fontes, Managing Director of Capitala. “If it weren’t for an extraordinary management team and support from MSouth Equity Partners, these results would not have been achievable.” Read the full press release here: https://lnkd.in/d7Pfx559 ***** Capitala Group is an asset management firm that has been providing private credit and private equity capital to lower- and middle-market businesses across North America for over twenty-five years. Since our inception in 1998, Capitala has invested and managed over $2.7 billion* utilizing our flexible capital mandate to deliver creative financing solutions. We aim to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success. For more information, visit www.CapitalaGroup.com. *Includes invested capital since inception, callable capital to commingled funds and available credit facilities, and discretionary and non-discretionary managed accounts. #privateequity #privatecredit #acquisitions #smallbusinesses #eventmanagement #exhibitmanagement

U.S. Securities and Exchange Commission fines ACP Venture Capital Management Fund LLC $45,000 for Failure to Register and Failure to Comply with the Custody Rule. This matter concerns a failure by ACPVC to register with the Commission as an investment adviser, and to comply with the Advisers Act’s Custody Rule. Between November 2018 and January 2023 (the “Relevant Period”), ACPVC was required to be registered with the Commission and to comply with Section 206(4) of the Advisers Act and Rule 206(4)-2 thereunder (the “Custody Rule”). However, it failed to register with the Commission and failed to comply with the Custody Rule. 2. During the Relevant Period, ACPVC took the position that it qualified for an exemption from registration available to investment advisers that manage only private funds with assets under management of less than $150 million (the “Private Fund Adviser Exemption”). In fact, ACPVC did not qualify for this exemption because, during the Relevant Period, there was operational and ownership overlap between ACPVC and Partners Capital Services Inc. (“Partners”), an affiliate of ACPVC that is registered with the Commission as an investment adviser. Because ACPVC did not qualify for the Private Fund Adviser Exemption or any other exemption, it was required to be registered with the Commission as an investment adviser throughout the Relevant Period. Its failure to do so violated Section 203(a) of the Advisers Act. 3. In addition, because ACPVC was required to register as an adviser during the Relevant Period, it also was subject to the Custody Rule during that time. ACPVC failed to either undergo independent verifications (“surprise examinations”) or annual audits during the Relevant Period, and therefore failed to comply with the Custody Rule. #hedgefunds #privateequity #realestate #duediligence #riskmanagement #forensicaccounting #compliance #rias #fundadministrators #auditors #datascience #AI #venturecapital #duediligence #odd #forensicaccounting #fraud #riskmanagement #infrastructurefunds #investmentbanks #mergers #acquisitions 

𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 #RIA 𝗡𝗲𝘄𝘀: 𝗦𝘂𝗺𝗺𝗶𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝘄𝗶𝘁𝗵 𝗙𝗶𝗿𝘀𝘁 𝗙𝘂𝗹𝗹 𝗥𝗜𝗔 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 ⬇ Summit Financial has made a significant strategic move by acquiring Meeder Wealth Management, a $400M division of Meeder Investment Management. Unlike previous deals where Summit has taken minority stakes or onboarded teams, this marks their first full RIA acquisition, signaling a new phase in Summit’s growth strategy. The acquisition allows Meeder Wealth to retain its established brand while gaining access to Summit’s extensive resources and expertise. Earlier this summer, Summit also demonstrated its strong appeal to top advisors by onboarding Richard McWhorter and his team, who managed over $1.9B in assets at #MerrillLynch, under the Summit Growth Partners arm. McWhorter chose Summit for its ‘open architecture’ platform, offering unparalleled choice and flexibility for serving ultra-high net worth clients. This onboarding, along with the addition of the $370M Kyros Private Wealth team from #UBS, showcases Summit's ability to attract and partner with high-caliber advisors without the need for full acquisitions. The Meeder acquisition stands out as Summit’s entry into full ownership, providing a new avenue for integrating successful practices while maintaining their operational independence and legacy. 𝗔𝗯𝗼𝘂𝘁 𝗦𝘂𝗺𝗺𝗶𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹: Based in Parsippany, N.J., Summit Financial oversees approximately $13B in assets across 50 affiliated RIA practices. Backed by Merchant #InvestmentManagement since 2018, Summit is known for its innovative approach, providing services at cost without imposing a revenue scrape for partner firms. #WealthManagement #RIA #Acquisitions #FinancialServices #UltraHighNetWorth #FinancialAdvisors #Partners

"Temerity Strategic Partners Concludes Successful $175M First Fund" Read the full article below..

#NewsUpdate | CapitaLand to acquire 40% stake in SC Capital Partners Group for $209.31 million, with minimum S$524 million investment. https://lnkd.in/dCnMCJsp #RealtyNXT #Singapore #Acquisition #Japan #RealEstateInvestment #Fund

AXCS has announced a strategic investment from Conversant Capital LLC, which includes $22 million of growth capital to expand AXCS' operations and launch new business verticals, as well as a commitment to invest up to $80 million over time. This marks a significant milestone following AXCS' acquisition of George Smith Partners (GSP) and reflects its continued growth strategy. https://lnkd.in/eg3Feu-r #RealEstate #RealEstateInvesting

Incline Equity Partners has successfully closed its Ascent II Fund with an oversubscription, raising $500 million in committed capital, surpassing its fundraising target. Managing Partner Jack Glover noted the strong support from longtime investors and emphasized the firm's continued commitment to middle-market growth companies. https://lnkd.in/dHW_ciVW #limitedpartner #limitedpartners #LP