LOS ANGELES, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Aspire Software, a ServiceTitan company and leading software provider for field service businesses, released its 2026 Commercial Landscape Industry Report, highlighting current market conditions, emerging trends, and contractor priorities shaping the year ahead. The report surveyed over 1,000 commercial landscaping business owners and executives, and the study highlights how contractors are navigating ongoing labor shortages, economic pressures, and rising cost ...

The European Commission has opened an investigation into possible anticompetitive practices by Germany's SAP , Europe's largest software maker, related to its popular business management software. ...

Highlights - ICG Enterprise Trust delivered a NAV per Share Total Return of 10.5% for the year ending 31 January 2025, with a closing NAV per Share of 2,073p [2][38] - The portfolio companies achieved a 15% earnings growth over the last twelve months, contributing to a robust operational performance [3][47] - The company returned £59 million to shareholders, representing 5% of the opening NAV, through dividends and share buybacks [3][15] Financial Performance - The portfolio grew by 10.2% on a Local Currency Basis during the year, with a Portfolio Return on a Sterling basis of 10.6% [6][37] - Total new investments amounted to £181 million, with commitments of £83 million made during the year [3][44] - The company executed 40 full exits at a weighted-average uplift to carrying value of 19%, generating total proceeds of £150.8 million [52][54] Capital Allocation and Shareholder Returns - The Board declared a total dividend of 36p per share for FY25, marking a 9% increase compared to FY24 [15][60] - Share buybacks returned £36 million to shareholders, reducing the share count by 4.3% during the year [15][20] - The company has a proactive capital allocation policy, balancing new investments with cash returns to shareholders [18][19] Portfolio Composition and Strategy - The portfolio is geographically balanced between North America and Europe, focusing on mid-market private companies with resilient growth characteristics [16][32] - The investment strategy includes a mix of Primary, Direct, and Secondary investments, with a target portfolio composition evolving towards more Direct and Secondary Investments [34][41] - At 31 January 2025, the portfolio was valued at £1,523 million, with 52.3% in US Dollar, 38.4% in Euro, and 9.2% in Sterling [69][70] Market Environment and Outlook - The company is well-positioned to navigate current market uncertainties, supported by a robust balance sheet and strong origination network [4][25] - The secondary market is expected to present compelling opportunities for future investments [4][23] - The focus on private equity-owned companies is seen as a structurally attractive allocation within investment portfolios, with a track record of attractive returns [30][32]