Duke Street, the mid-market private equity group, has acquired a controlling interest in TeamSport Karting, the UK’s largest indoor go-karting operator. The investment is the first for Duke Street’s new Cornerstone Fund, established in January this year with backing from Goldman Sachs Asset Management as a key step in the evolution of Duke Street’s deal-by-deal approach into a hybrid funding model. Unigestion acted as the sole institutional co-investor in the deal.
Today, eFront has released its Fourth Annual Global Private Equity Performance Series showing the top-performing regions globally for private equity in 2020. The new report uses deal-level benchmarks for the first time, providing a detailed analysis of performance and deal activity across all regions and sectors at portfolio company level.
Former Snowflake CEO Bob Muglia joins board. Latest funding, led by Dorilton Ventures, will help scale Julia Computing’s production of Julia solutions and new product development for pharmaceuticals, energy, finance, and other sectors.
The Riverside Company, a global private investor focused on the smaller end of the middle market, has acquired a controlling stake in Cryptomathic, a leading Danish provider of high-end hardware agnostic secure server solutions.
Central Europe-focused investor launches “ESG Universe 2023”, becoming the first private equity firm in the region to commit to carbon neutrality.
