latestnews

A company backed by private equity firm Permira is to sell Magento Commerce, a specialist in cloud digital commerce, to Adobe in an all-cash transaction for USD1.68 billion.  »

Nexxus has sold portfolio company Maak Arca Holding, a platform of construction and decoration businesses in Mexico, to a group of Mexican private investors. »

Global technology, media and communications investment bank Drake Star Partners has appointed senior investment banker Eric Ward as a partner in the firm’s London office.   »

Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of mission solutions for complex defence, intelligence, and security customers, as well as to other US federal government customers, to Parsons. »

21 Centrale has added to its investment team with the appointment of Dorothée Chatain as Principal. »

Canaccord Genuity Wealth Management has appointed Ashton Bradbury as a non-executive director of Hargreave Hale AIM VCT 1 plc. »

UK private Equity firm Sovereign Capital Partners, has exited its investment in Kindertons, a nationwide provider of outsourced accident management services for motor insurers and insurance brokers, together with claims management services, to ExamWorks, a portfolio company of Leonard Green & Partners. »

Sandton Capital Partners, a special situations investment fund, has acquired VVB Engineering Ltd (VVB), a specialist mechanical and electrical contractor, for an undisclosed sum. »

Morgan Lewis has appointed Paul Denham as finance partner. Denham, who advises clients on a wide range of leveraged finance and banking matters, will be based in the firm’s London office. »

LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, has appointed Mike Marcantonio as Principal, and Mason Rathe as Senior Associate. »