KKR and EIG Acquire Majority Interest in Avantus

QinetiQ US Acquires Avantus Federal from NewSpring Holdings

May 8, 2022

Aerospace & Defense

QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc, has agreed to acquire Avantus Federal from NewSpring Holdings for an enterprise value of $590 million. The deal expands QinetiQ's U.S. defense and intelligence capabilities by adding Avantus' cyber, data analytics, software development and space services, and is expected to close by the end of 2022 subject to regulatory approvals.

Antin Infrastructure Partners Acquires Majority Stake in Origis Energy

October 18, 2021

Energy

Antin Infrastructure Partners has agreed to acquire a majority stake in Origis Energy from CEO Guy Vanderhaegen and Global Atlantic Financial Group. The investment, executed through Antin's Fund IV, will provide capital to scale Origis's utility-scale solar and storage development, expand operations and maintenance services, and support growth of its contracted pipeline.

Key Capital Partners Invests £4.25m in Avantis Systems

September 9, 2020

Education

Key Capital Partners has taken a significant minority stake in Gloucester-based Avantis Systems via a £4.25m investment to accelerate international distribution and product development of its ClassVR educational virtual reality system. Founded in 2007, Avantis has deployed over 40,000 VR headsets across more than 3,000 schools and will use the new funding to expand overseas sales and continue product innovation.

Apricus Generation Acquires Controlling Interest in Nexus Renewables

May 29, 2024

Energy

Apricus Generation has acquired a controlling interest in Nexus Renewables, a Toronto-based solar and energy storage developer and independent power producer with a 500+ MW North American project pipeline. By joining the Apricus platform, Nexus will receive strategic oversight and capital to advance its pipeline to generation as Apricus builds a national distributed solar and battery IPP platform.

Ciphr Acquires Avantus

November 19, 2024

Cloud & SaaS

ECI-backed Ciphr has acquired Avantus, a UK-based employee benefits and rewards platform provider, adding Avantus’ FlexGenius and MyWorkPal products and a c.30-person team to Ciphr Group. The transaction expands Ciphr’s HCM proposition to include employee benefits and wellbeing as part of its strategy of complementary add-on acquisitions.

KKR Makes Minority Investment in Sol Systems

July 22, 2021

Renewable Energy

KKR made a significant minority growth investment in Sol Systems to scale the renewable energy developer’s Impact + Infrastructure platform and fund the acquisition of shovel-ready solar and storage projects. The investment includes a strategic partnership in which KKR committed up to $1 billion to acquire ready-to-build projects and support Sol Systems’ development, asset management and community-focused renewable solutions.