Cairngorm Capital Partners is making a further investment in Polyframe Group Limited (Polyframe), a UK manufacturer of trade windows and doors, to facilitate Polyframe’s acquisition and merger with Customade Group Limited (Customade).  The enlarged group, with revenues in excess of GBP100 million, will trade as Customade and now has a

APS Holding (APS) has acquired a portfolio of Croatian non-performing loans (NPL) with a nominal value significantly exceeding EUR100 million. The firm’s newly established office in Croatia is expected to have more than 40 employees in the first half of the year.  The acquisition includes secured and unsecured non-performing corporate

Private equity firm HIG Capital (HIG) has acquired substantially all the assets of Xtera Communications (Xtera), a provider of innovative and bespoke sub-sea fibre optic solutions.  HIG previously provided debtor-in-possession financing to the Xtera debtors in connection with the chapter 11 case.   Established in 1998 and based in the UK

Global law firm Reed Smith has advised Graphite Capital and Micheldever Group (MTS) on the acquisition of MTS by Sumitomo Rubber Industries (SRI), Japan’s sixth largest tyre manufacturer.  The sale was made for GBP215 million, 3.7 times the original investment made by Graphite in 2006. MTS is the second largest

OakNorth has completed a debt finance deal worth GBP8 million to ICP Nurseries Ltd. The OakNorth loan will be used to further support ICP Nurseries in acquiring leading nursery settings. ICP nurseries is owned by the founder, Tracey Storey, and the private equity firm Innervation Capital Partners. Tracey has worked

KKR has agreed to acquire Travelopia from TUI AG (TUI). The transaction is subject to customary closing conditions. Travelopia, headquartered in the UK, is a specialist travel groups, providing customers with unique experiences, such as sailing adventures, tailor-made holidays, sports tours, school expeditions, private jet travel and polar expedition cruises.

High Road Capital Partners has completed the acquisition of Midwest Wholesale Hardware, marking the sixth platform acquisition for High Road Capital Partners Fund II. Founded in 1987, Midwest Wholesale Hardware is a leading value-added wholesale distributor of commercial and institutional door hardware, electronic access control and security products. Based in

Pamplona Capital Management (Pamplona), along with Ascent Venture Partners (Ascent), has committed USD100 million to Nova Sciences Holdings (Nova), a new platform formed to acquire metering, monitoring, measurement and control instrumentation businesses. Nova is led by highly experienced CEO Jim Barbookles and a senior management team that has worked together for

CVC Capital Partners (CVC) is to buy the shares currently held by a number of investors in Pension Insurance Corporation Group (PICG), the ultimate parent company of Pension Insurance Corporation (PIC). The investment is subject to customary regulatory approvals. PIC is a specialist insurer and leading provider of bulk annuities