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Phoenix Services acquires Gagneraud Industrie

Phoenix Services International, a steel mill services provider, has acquired Gagneraud Industrie SAS (GI). GI will now be known as Phoenix Services France. »

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Troika Ventures successfully exits investment portfolio

Troika Ventures, the venture arm of Troika Dialog and venture company, has successfully achieved the first exit from its investment portfolio by selling its share in Evernote Corporation to Sequoia Capital. »

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KKR adds to private equity health care investment team

Kohlberg Kravis Roberts & Co has appointed Ali J Satvat as a Director based in Menlo Park. Satvat joins KKR from Apax Partners where he served as a Principal on the health care investment team and managed new investments and portfolio companies across various health care sub-sectors. »

Alan Greenough, Co-Head of private equity, Hogan Lovells

Hogan Lovells recruits PE partner in Paris

Hogan Lovells has recruited Xavier Doumen as a partner in the firm’s private equity practice in Paris. Doumen joined Hogan Lovells on 1 February 2012 from Willkie Farr & Gallagher where he worked on private equity and strategic M&A transactions.  »

Arial view of Brazil

HIG Capital expands into Latin America with Rio de Janeiro office

Private equity firm HIG Capital has opened an office in Rio de Janeiro and appointed Fernando Marques Oliveira as a Managing Director to lead its Brazil and Latin America team. »

Mark Pacitti, head of London corporate finance advisory at Deloitte

LDC has most investments in league table of Britain’s fastest growing, mid-market, PE-backed companies

For a second year running, the investments of LDC, the private equity arm of Lloyds Banking Group, feature most prominently on the annual Sunday Times Deloitte Buyout Track 100.   »

Paul Bevington, Principal and Head of  London office, EMW

EMW hires new Head of Asset Based Lending

Commercial law firm EMW has appointed Jodi Tierney as its new Head of Asset Based Lending (ABL), as part of substantial plans to expand its London office. »

Two model figures climbing ladders

China overtakes UK in venture financing

China surpassed the UK to become the second-largest recipient of venture capital equity financing in 2011. According to Dow Jones VentureSource, which tracks venture-backed companies, Chinese firms received 332 venture capital equity financing deals in 2011, surpassing the UK’s 274. The US retained its lead with 3,209 deals. »

Bill Ford, CEO of General Atlantic

Former JP Morgan vice chairman Topper named special advisor to General Atlantic

General Atlantic LLC (GA) has appointed David Topper, a former Vice Chairman of JP Morgan and leader in its capital markets group, as a Special Advisor to the firm. »

Blue information sign

NYSE Euronext and Deutsche Borse terminate merger agreement

NYSE Euronext and Deutsche Borse have both agreed to a mutual termination of the business combination agreement originally signed by the companies on 15 February, 2011. »

Prakash Mehta, co-head of investment funds and private equity practice group worldwide, Akin Gump

Akin Gump to expand London funds practice with two partner hires

International law firm Akin Gump Strauss Hauer & Feld LLP is to add two partners to its London funds practice. Tim Pearce and Ian Meade will join the firm from Simmons & Simmons. »

Dan Adler, Partner,  Lyceum

Lyceum-backed M&C Energy expands US footprint with consultancy acquisition

Lyceum Capital-backed M&C Energy Group (M&C), the global energy consultancy, has expanded its US footprint and strengthened its market position with the acquisition of fellow energy consultancy Coleman Hines, headquartered in Phoenix, Arizona. »

William F Dawson, Jr, a Managing Partner of Wellspring

Wellspring Capital Management acquires ThermaSys Corporation

Wellspring Capital Management has acquired ThermaSys Corporation, manufacturer of a wide range of heat exchangers and heat exchange equipment, from an affiliate of Sun Capital Partners, Inc. Financial terms of the have not been disclosed. »

Stack of money

Symphony invests in Integrated Healthcare Hastaneler Turkey

Symphony Healthcare Holdings Limited, a wholly owned subsidiary of Symphony International Holdings, is to invest USD50 million to acquire a non-controlling minority shareholding in Integrated Healthcare Hastaneler Turkey Sdn Bhd (IHT). »

Erich Horsley,  Partner at Intervale Capital

Intervale Capital invests in Allied Oil & Gas Services

Allied Oil & Gas Services, a cementing and acidizing business headquartered in Fort Worth, Texas, has been acquired by Intervale Capital, a private equity firm focused on investments in middle-market oilfield services companies. »

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GenNx360 Capital Partners hires Jerod A Pierce as operating associate

The middle-market, private equity buyout fund, GenNx360 Capital Partners, has added Jerod A Pierce to its Management Company's operating team. »

La Tribune newspaper

FER-Hi-media takes over La Tribune

August & Debouzy has advised France Economie Régions (FER) on its bid to take over the French newspaper La Tribune. »

Handshake with money

FacilitySource receives investment from Warburg Pincus

Private equity firm Warburg Pincus has acquired majority ownership in FacilitySource, a provider of facility maintenance and management solutions to retailers and other multi-site operators. Terms of the deal have not been disclosed. »

Orange tick

Permira funds complete acquisition of Genesys from Alcatel-Lucent

A company owned by Permira, the European private equity firm, has successfully completed the acquisition of Genesys, a global expert in contact centre technology software, from Alcatel-Lucent (Euronext Paris and NYSE: ALU). »

Martina Milburn, Chief Executive of The Prince’s Trust

MVision becomes a Patron of The Prince’s Trust

Independent alternative assets advisory and placement firm MVision has become a Patron of The Prince’s Trust, an organisation that helps disadvantaged young people aged 13 – 30 who are struggling at school, are in or leaving care, are long-term unemployed or have been in trouble with the law. »

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