Deals and Transactions

deals and transactions
document and pen

DOAR management buy back PE co’s stake

Tue, 27/01/2015 - 14:30

The shareholders of trial strategy consulting firm DOAR have bought back private equity firm Veronis Suhler Stevenson’s stake in the company. »

hands shaking

WE Family Offices and MdF Family Partners establish UHNWI wealth management alliance

Tue, 27/01/2015 - 11:45

Independent, family-focused wealth advisors, WE Family Offices and MdF Family Partners, have established an alliance to broaden their capability to serve wealthy families from all over the world. »

wind farm

IFC, OPIC and Canada provide USD62.7m for Jamaica’s largest private sector wind farm

Tue, 27/01/2015 - 10:45

IFC, with the support of the Government of Canada and the Overseas Private Investment Corporation (OPIC) is helping BMR Jamaica Wind build, operate and maintain a 36.3 MW capacity wind farm about 90 km west of Kingston. »

EU flags

Andreessen Horowitz backs London start-up TransferWise with USD58m

Mon, 26/01/2015 - 16:30

Andreessen Horowitz – the venture capital firm created by Netscape and Opsware founders Marc Andreessen and Ben Horowitz – has led a Series C USD58m round in Europe’s leading financial tech start-up TransferWise. »

London

Connection Capital exceeds initial allocation to specialist alternative asset fund

Fri, 16/01/2015 - 17:30

Connection Capital has successfully completed a commitment, on behalf of its clients, to the third fund from 17Capital, a London-based specialist investor of preferred equity in private equity funds.  »

man with megaphone

Excelsior Capital Partners assumes majority ownership in office furniture manufacturer

Fri, 16/01/2015 - 10:45

Excelsior Capital Partners has assumed a majority ownership interest in Via Seating, a manufacturer of cutting-edge and ergonomically designed office chairs and lounge seating, through a balance sheet restructuring.  »

document and pen

Maven leads GBP4.5 million MBI of electronics manufacturer CB Technology

Thu, 15/01/2015 - 14:45

Private equity house Maven Capital Partners has led the GBP4.5 million Management Buy-In of CB Technology Limited (CB), an established contract electronics manufacturer with a focus on complex manufacturing and testing for deployment in harsh environments. »

man with megaphone

Preqin and Baxon Solutions form strategic partnership

Wed, 14/01/2015 - 11:15

Preqin and Baxon Solutions have formed a strategic partnership, which includes Preqin taking a significant minority stake in Baxon.  »

grain

Harvest Partners forms Harvest Partners SCF

Tue, 13/01/2015 - 09:00

Private equity investment firm Harvest Partners has formed Harvest Partners SCF (HP SCF), a private investment advisor that provides structured equity and junior debt solutions to business owners. »

up arrow

2014 private equity-backed buyout deals and exits reach highest levels since the global financial crisis

Mon, 12/01/2015 - 18:40

The total value of exits from private equity-backed portfolio companies throughout 2014 hit USD428bn, higher than any year previously and up from the USD330bn of exits in 2013. Christopher Elvin, Preqin’s Head of Private Equity Products, comments on the current deals and exits environment: »

Iceland map

Verne Global secures USD98m in Series D equity funding

Mon, 12/01/2015 - 18:30

Verne Global has secured USD98m of equity funding, led by Stefnir, an Icelandic asset management and private equity firm that is working with several of the largest Icelandic pension funds.  »

Pittsburgh Pennsylvania

TPH Partners invests in Laurel Mountain Energy

Mon, 12/01/2015 - 17:30

Private equity funds manager TPH Partners has partnered with Clark and David Nicklas to form Laurel Mountain Energy, an independent upstream company headquartered in Pittsburgh, Pennsylvania.  »

shipyard

CMS advises Seafort on acquisition of Emder Werft und Dockbetriebe

Mon, 12/01/2015 - 11:30

Seafort Advisors GmbH and ThyssenKrupp have signed an agreement on the sale of the Emder Werft und Dockbetriebe shipyard in Emden.  »

hands shaking

Intralinks DealNexus adds 57,000 portfolio companies to deal sourcing platform

Wed, 07/01/2015 - 18:30

Intralinks DealNexus has partnered with PEI Services (PEI) in order to enhance its database of private equity portfolio companies. »

Texas

Rock Hill Capital invests in JP Services

Wed, 07/01/2015 - 14:30

Rock Hill Capital Group has completed a majority recapitalisation of JP Hydro (JP Services), a provider of industrial integrity testing services along the Gulf Coast and throughout Texas. »

four fingers

Polaris reaches DKK2.2bn first close on fourth fund

Tue, 06/01/2015 - 16:45

Polaris Private Equity (Polaris) has successfully completed a first closing of its fourth private equity fund – Polaris Private Equity IV – at DKK2.2 billion (EUR300 million).  »

Money

Dynavax secures USD40m credit facility with Hercules Technology Growth Capital

Fri, 02/01/2015 - 10:43

Dynavax Technologies Corporation has entered into a credit facility with Hercules Technology Growth Capital for up to USD40 million of total funding.  »

four fingers

Ariadne Capital backs Taggstar

Mon, 22/12/2014 - 21:00

Ariadne Capital, which invests in digital technology start-ups, has just closed a GBP500,000 funding round for Taggstar making it the 8th company in its portfolio and its 4th deal in 2014.  »

complete stamp

Levine Leichtman Capital Partners recapitalises Global Franchise Group

Mon, 22/12/2014 - 16:30

Private equity firm Levine Leichtman Capital Partners (LLCP) has completed a recapitalisation of Levine Leichtman Capital Partners IV portfolio company Global Franchise Group (GFG). »

two people shaking hands

Maven increases support for Westway Services

Mon, 22/12/2014 - 15:00

UK private equity house Maven Capital Partners (Maven) has funded a replacement capital transaction in Westway Services Holdings (Westway).  »

North America

HIG Capital acquires North America-based assets of Ferro Corporation’s Polymer Additives Division

Mon, 22/12/2014 - 11:30

An affiliate of HIG Capital has purchased the majority of the assets associated with Ferro Corporation’s (NYSE: FOE) Polymer Additives Division (PAD).  »

hands shaking with globe

Gibraltar and Switzerland sign MoU to assist AIF managers

Wed, 17/12/2014 - 17:00

Gibraltar Financial Services Commission (FSC Gibraltar) and The Swiss Financial Markets Supervisory Authority (FINMA) have just reached a Memorandum of Understanding (MoU) to assist managers of alternative investment funds (AIFs). »

Canada flag

Sanlam Securities (UK) forms strategic partnership with Canadian-based Velocity Trade for mining transactions

Tue, 16/12/2014 - 11:00

Velocity Trade Holdings and Sanlam Securities UK have entered into a strategic partnership for the purposes of providing reciprocal access to, and increased exposure of, each party’s respective corporate finance and brokerage services within the Canadian junior and mid-cap resource sector, primarily mining. »

all hands in

Cathay Capital closes the Sino French (Midcap) Fund at EUR500 million

Tue, 16/12/2014 - 06:00

Cathay Capital has held the final closing of the Sino French (Midcap) Fund, which will partner with French, Chinese and European companies of the midcap segment, at EUR500 million. »

Oil Field

Kuwait Pipes reaches permanent solution to commercial debt of KWD130m

Mon, 15/12/2014 - 13:45

Kuwait Pipe Industries and Oil Services Company (Kuwait Pipes) has signed a settlement term sheet for the commercial debt of around KWD130mn with its participating commercial lenders to bring a comprehensive and permanent solution to the Company’s capital structure. »

big dollar sign

CSQ to provide outsourced CIO services in new partnership with Strategic Capital Alternatives

Thu, 11/12/2014 - 16:00

Circle Squared Alternative Investments (CSQ) has partnered with USD1.5bn money management and investment consulting firm Strategic Capital Alternatives (SCA). »

man with megaphone

Fortress backs USD50m DigitalOcean credit facility

Wed, 10/12/2014 - 16:45

DigitalOcean has secured a USD50 million credit facility from funds managed by global investment firm Fortress Investment Group LLC.  »

man with megaphone

Growthgate-backed Gama Aviation completes reverse merger and lists on AIM London Stock Exchange

Tue, 09/12/2014 - 21:00

Growthgate Capital’s portfolio company Gama Aviation has proposed a GBP82 million (USD127 million) reverse takeover with Hangar 8, an international operator listed on the London Stock Exchange’s Alternative Investment Market (AIM).  »

Union Jack pound

Palatine backs Character World in GBP36m secondary buyout

Mon, 08/12/2014 - 15:45

Palatine Private Equity has backed Character World, a UK-based licensed bedding specialist, in a GBP36m secondary management buyout. »

merger

THL Credit forms investment JV with Perspecta Trust

Thu, 04/12/2014 - 20:00

THL Credit has formed a joint venture with Perspecta Trident, an affiliate of Perspecta Trust, to create THL Credit Logan JV.  »

features
Special report
Cayman Islands Hedge Fund Services 2014

Cayman Islands Hedge Fund Services 2014

Fri, 19/12/2014 - 10:24

With service providers reporting growth in hybrid funds, funds for single investors and bespoke managed accounts, this report examines the regulations and new services being developed in Cayman to tackle the fast-changing offshore funds market... »

Article
Christopher ELvin, Preqin

977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of private equity fundraising:  ... »

Article
Up arrow

Over half of infrastructure funds that closed in 2014 exceeded their fundraising target, up from 37% of funds in 2013. Andrew Moylan, Preqin’s Head of Real Assets Products, takes a look at infrastructure fundraising over the last 12 months: ... »

Special report
Guide to relocation 2014

Guide to Relocation 2014

Mon, 24/11/2014 - 10:53

The GFM Guide to Relocation 2014 draws together in one volume the key points covering the relocation of investment funds and managers to the following major jurisdictions – The Bahamas, BVI, Guernsey, Malta and Ticino... »

Comment
Andrew Milligan, Standard Life Investments

2015 a pivotal year for global markets

Mon, 22/12/2014 - 09:57

Standard Life Investments, the global investment manager, believes that 2015 has all the hallmarks of a pivotal year for global financial markets. Andrew Milligan, Head of Global Strategy, Standard Life Investments, comments… ... »

events
1 week 5 hours from now - Kuala Lumpur
1 week 4 days from now - Las Vagas
1 week 5 days from now - Florida
specialreports