Deals and Transactions

Red sold tag

Smedvig Capital sells Ocean Outdoor for GBP35m

Thu, 17/05/2012 - 12:38
Smedvig Capital, the development capital house, has sold Ocean Outdoor, the leading operator of ‘Digital Out of Home’ advertising sites, to mid-market private equity house, LDC.   »

Sever Totia, Principal at Edison Ventures

Vox Mobile completes USD7.5m financing led by Edison Ventures

Thu, 17/05/2012 - 12:36
Vox Mobile, a leading provider of managed mobility solutions for the enterprise, has completed a USD7.5 million growth round of funding led by Edison Ventures, a New Jersey-based venture capital firm with a focus on expansion-stage, information technology companies. »

Stack of money

Sonitus Medical closes USD25m Series D VC funding round

Wed, 16/05/2012 - 16:00
Sonitus Medical, Inc, a medical device company that manufactures the world's first non-surgical and removable hearing device to transmit sound via the teeth, today announced that it has closed a USD25 million Series D round of venture capital funding. Abingworth, an international investor dedicated to life sciences, led the round and was joined by all current venture capital investors. »

Wind farm

HgCapital secures finance for 20MW UK wind project

Wed, 16/05/2012 - 14:16
HgCapital and its portfolio company RidgeWind have reached financial close on the 20.5MW Wandylaw wind project in Northumberland, England. The total debt and equity value of European renewable energy projects financed by HgCapital now exceeds EUR1.5 billion and over 700MW, including more than 50 wind, solar and hydro power plants. »

Handshake with money

Jordan Company acquires VT Services

Wed, 16/05/2012 - 14:00
The Resolute Fund II, an affiliate of The Jordan Company, has acquired VT Services, Inc (VT) from Babcock International Group Plc (Babcock), a UK based engineering services firm. Financial terms of the transaction have not been disclosed. »

Closed sign

Vista Equity Partners closes VEP Fund IV at USD3.5bn

Wed, 16/05/2012 - 12:00
Vista Equity Partners III, (Vista) has successfully closed Vista Equity Partners Fund IV (VEPF IV) at USD3.5 billion. The initial target of USD2.5 billion was exceeded due to exceptional LP demand. Vista now manages over USD6.6 billion of committed capital in its series of Private Equity Funds. »

Man holding wads of money in his arms

Primary backs management buy-out of Leisure Pass Group Ltd

Wed, 16/05/2012 - 11:00
Primary has backed the management buy-out of Leisure Pass Group Ltd (Leisure Pass) in a GBP35 million transaction from its shareholders. The deal represents Primary’s ninth investment from its current Primary III fund. »

Document and pen

Avista Capital Partners to acquire Top-Co

Wed, 16/05/2012 - 06:00
Private Equity firm Avista Capital Partners is to acquire Top-Co Inc, a privately-held, designer and manufacturer of specialised casing cementing products used in the drilling and completion of oil, natural gas and geothermal wells. »

Ken Mehlman, Head of Public Affairs at KKR

KKR forms partnership with Transparency International

Tue, 15/05/2012 - 16:00
Kohlberg Kravis Roberts & Co has formed a partnership with Transparency International, the global anti-corruption non-governmental organisation. »

David Belluck, General Partner at Riverside Partners, LLC

Riverside Partners raises USD561m for Riverside Fund V

Tue, 15/05/2012 - 15:00
Riverside Partners, a private equity firm focused on investing in middle market healthcare and technology companies, today announced the closing of Riverside Fund V with USD561 million of committed capital. »

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