Teak Capital and Tangor Capital Acquire VR Group from Sun Capital Affiliate

Valeas Capital Partners Acquires Majority Stake in Suntera Global

May 7, 2025

Financial Services

Valeas Capital Partners will acquire a majority stake in Suntera Global, the Jersey-headquartered provider of fund, corporate and private wealth services, with Palatine Private Equity exiting. Carlyle provided a financing package to refinance debt and support Suntera's growth; the deal is expected to close in the second half of 2025 as Valeas and management pursue digital transformation, capability expansion and further strategic acquisitions.

STAR Capital Leads Consortium to Acquire V.Group

June 17, 2024

Transportation

STAR Capital's STAR IV Fund has signed an agreement to acquire V.Group, a London-headquartered global provider of mission-critical maritime services, in a consortium that includes Ackermans & van Haaren and other investors. The deal (subject to regulatory approvals) will provide V.Group with capital and balance-sheet support to drive growth; financial terms were not disclosed.

Vertus Group Acquires Tangerine Global

January 10, 2024

Telecommunications

Vertus Group, a division of Jonas Software, has acquired Tangerine Global, a Simi Valley–based provider of IPTV/OTT platforms and network services. The acquisition adds a Media Solutions vertical to Vertus Group’s portfolio and expands its product offerings in the hospitality and residential markets.

VR Insurance Holdings Acquires The National Security Group

June 30, 2022

Insurance

VR Insurance Holdings, Inc. (founded by Vivek Ranadivé and backed by family offices and strategic investors) completed its previously announced merger to acquire The National Security Group, Inc. (NSG) for $16.35 per share in cash. Following the deal’s completion, VR Insurance Holdings will leverage NSG’s property and casualty and life insurance operations and subsidiaries.

Vision Group, Novatech and Thermoplast Acquire ENERGI Fenestration Solutions from OpenGate Capital

June 2, 2021

Building Products

OpenGate Capital realized its portfolio company ENERGI Fenestration Solutions in a multi‑party sale that split the business by operations. The Vision Group acquired ENERGI's U.S. operations, Novatech Group acquired the Terrebonne patio door division, and Thermoplast Extrusions acquired the Laval extrusions business; transaction terms were not disclosed.

Sun European Partners Affiliate Acquires Vetrerie Riunite S.p.A.

October 17, 2019

Manufacturing

An affiliate of Sun European Partners, LLP has agreed to acquire Vetrerie Riunite S.p.A. (VR Group), a leading Italian producer of technical glass (washing machine windows), glass tableware and refractory rollers. The seller is Finanziaria del Vetro; the transaction is subject to customary regulatory approvals and Sun says it will work with management to accelerate the company’s profitable growth.