All news

Discs

Atlas agrees to buy AGI businesses from MeadWestvaco

Atlas Holdings has signed a definitive agreement with MeadWestvaco to purchase its network of media and entertainment packaging businesses, subject to certain closing conditions. »

Bart Bergstein, managing partner at Forbion

Forbion Capital Partners raises EUR190m for new investments

Forbion Capital Partners, an investment firm dedicated to the life science sector, has held the final closings of FCF I Co-Invest Fund and FCF II, raising a total of more than EUR190m (USD240m). »

Daniel L. Black, partner at The Wicks Group

The Wicks Group acquires Antenna Audio

An affiliate of The Wicks Group, a New York-based private equity firm, has acquired Antenna Audio from Discovery Communications. »

Car tyre

Lombard sells stake in auto parts business realising 3x gain

Lombard Investments has sold a major portion of its stake in Somboon Advance Technology, a Thailand-based original equipment manufacturing supplier of auto parts. »

David H. Wasserman, partner, Clayton, Dubilier & Rice

Clayton, Dubilier & Rice to invest in Univar

Private equity firms Clayton, Dubilier & Rice and CVC Capital Partners have signed a definitive agreement for CD&R to acquire a 42.5 per cent ownership interest in Univar, a distributor of commodity and specialty chemicals. »

Richard Garrod, co-chairman, Guernsey Film

Independent film funds an investment of the future, say Guernsey experts

As traditional Hollywood studios struggle to assemble funding – MGM has been forced to postpone the 23rd film of the James Bond franchise because of debt problems – more and more financiers are looking to the independent film fund model for reliable returns, according to Guernsey-based tax expert Ben Tustin. »

Piggy bank

Brookfield appoints client relations manager for private funds group

Brookfield Asset Management has appointed Chris Harris as client relations manager for the private funds group. »

Phones

CallMiner raises USD4m from Sigma, Intersouth and Inflexion

CallMiner, a provider of enterprise speech analytics, has closed USD4m in series C financing from Sigma Partners, Intersouth Partners, Inflexion Partners and an undisclosed partner. »

Computers

Crescent Financial Partners acquires stake in IT Trading’s software

Crescent Financial Partners has purchased a minority stake in IT Trading’s proprietary quantitative trading software for USD3.2m. »

Money and calculator

John DelPonti joins Navigant’s valuation and financial risk management practice

John DelPonti has joined the valuation and financial risk management practice of Navigant Capital Advisors, a wholly owned subsidiary of Navigant Consulting, as a managing director in the Washington, DC office. »

John Televantos, a partner at Arsenal Capital

Arsenal’s Novolyte Technologies creates joint venture with Foosung

Arsenal Capital Partners' portfolio company Novolyte Technologies, a manufacturer and supplier of specialty electrolyte materials for lithium ion battery and energy storage applications, has created a joint venture with Foosung, a producer of specialty lithium salts for lithium batteries. »

Jeff Greenberg, chief executive of Aquiline

Aquiline leads USD225m investment in CRT Capital Group

Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has made a USD225m investment in CRT Capital Group, an independent institutional broker-dealer based in Stamford, Connecticut. »

Sunrise

Private equity emerges from the economic crisis, says Towers Watson

Market conditions are now providing opportunities for private equity managers and their investors in selective areas of the market, according to research produced by professional services company Towers Watson. »

Renatto Barbieri, Galtere

Galtere launches agribusiness private equity strategy

Galtere, a US registered investment manager, has launched an agribusiness private equity strategy that aims to take advantage of a fundamental shift in global market dynamics and a growing worldwide demand for commodities from institutional investors. »

Phil Carpenter, a senior managing director at Irving Place Capital

Irving Place Capital to acquire Alpha Packaging

Irving Place Capital, a middle-market private equity firm, has signed a purchase agreement to acquire Alpha Packaging, a blow molder of plastic bottles and jars for the nutraceutical, pharmaceutical and personal care markets. »

Networks

Ridgemont to acquire majority interest in Unite Private Networks

Ridgemont Equity Partners, a middle market buyout and growth equity firm, has signed a definitive agreement for a majority investment in Unite Private Networks, a provider of high-bandwidth, fibre-based communications networks. »

Wind farm

BNP Paribas Clean Energy Partners acquires wind farm in Ireland

The fund managed by BNP Paribas Clean Energy Partners has acquired 100 per cent of Gortahile Windfarm, which owns and operates a 20 megawatt wind farm in County Laois, Ireland, from ABO Wind Ireland.  »

Fareed Asadi, chairman of Black Pearl Capital

Black Pearl Capital closes its first private equity fund

Black Pearl Capital, an asset management and advisory firm, has closed its first private equity fund with a committed capital of USD50m. »

Mobile phone

Royalton completes sale of mobile phone retailer mPunkt

Royalton Capital Investors, a private equity fund focused on Central and Eastern Europe, has sold 100 per cent of mPunkt Polska to Cyfrowy Polsat, the biggest Polish DTH platform offering pay TV services and mobile telephony and broadband internet access. »

Man with laptop

Kneip acquires fund reporting company Co-Link

Kneip, an independent service provider to the asset management industry, has acquired Co-Link, a specialist in fund reporting technology and services for investment funds. »