PE Tech Report

Acquisitions

Plane taking off

Vance Street Capital acquires Eirtech Aviation

Los Angeles-based private equity firm Vance Street Capital and its affiliates have acquired Eirtech Aviation, a specialist aviation coating services company headquartered in Shannon, Ireland. Eirtech will be combined with existing Vance Street portfolio companies, Leading Edge Aviation Services and Associated Painters, to form International Aerospace Coatings.   The combined

Blackstone and Goldman Sachs merchant banking division complete Ipreo acquisition

Ipreo Holdings has been acquired by private equity funds managed by Blackstone and the Goldman Sachs merchant banking division. The business has been acquired from affiliates of Kohlberg Kravis Roberts (KKR). Terms of the transaction have not been disclosed.   "Ipreo is an extraordinary company with tremendous potential for growth,"

Calera Capital acquires United Site Services

Middle market private equity firm Calera Capital has partnered with management to acquire United Site Services (USS), a provider of portable sanitation, temporary fencing and related site services. USS has over 1,500 employees across 60 branch locations in the US.   James Farrell of Calera Capital says: “CEO Ron Carapezzi

British pounds

Partners Group, Duke Street and Tikehau to lead GBP375m acquisition of Voyage Care

A consortium of Duke Street, Partners Group and Tikehau are to acquire Voyage Care on behalf of their clients from HgCapital, in a GBP375 million transaction. Voyage Care, headquartered in Lichfield, UK is a provider of specialist residential services and supported living for people with learning disabilities, associated physical disabilities,

Clearwater International advises Signature on sale to Ocean Outdoor

Mid-market advisory firm Clearwater International has advised Signature Outdoor on its sale to LDC-backed Ocean Outdoor, a provider of external digital advertising sites. The value of the deal has not been disclosed.   Established in 2003, Signature is the market leader in Premium Large Format outdoor media in Birmingham and

Sell button

Cavendish advises on Freedom Finance sale to SOF Annex Fund

Sell-side, mid-market M&A firm Cavendish Corporate Finance has advised on the sale of Freedom Finance Ltd, the UK’s largest personal loan broker, to Target Group, a portfolio company of SOF Annex Fund. Freedom Finance, established in 2007, has undergone strong growth within the loan brokerage market driven by its unique

Rcapital funds acquisition of Marshall Roebuck

Rcapital, the London-based private investor, has funded its portfolio company City Motor Holdings in the acquisition of the Marshall Roebuck Peugeot car dealership in Newbury. The site, now known as City Peugeot, joins the City Motor Holdings existing portfolio of 11 dealerships in Basingstoke, Newbury and Reading. 

   The

Elysian acquires Access Hire Nationwide and Welfare Hire Nationwide

Elysian Capital I has acquired, in conjunction with the company’s management, Access Hire Nationwide (AHN) and Welfare Hire Nationwide (WHN).  This is the eighth platform deal in the Elysian Capital I LP Fund and the fourth acquisition made by Elysian in the last 18 months.   AHN specialises in the

Spanish flag

HIG Europe establishes Iberian foodservice platform

HIG Europe, the European affiliate of private equity firm HIG Capital, has completed the acquisition of Café & Té and Panaria, two bakery, coffee-shop and tapas bar operators in the Spanish foodservice market. Café & Té is a Spanish coffee-shop and tapas bar operator with a network of 147 points

Evercore to acquire ISI Group

Evercore is to acquire the operating businesses of ISI International Strategy & Investment, an independent research-driven equity sales and agency trading firm. Evercore also will acquire the approximately 40 per cent interest in its institutional equities business not currently owned by the company.   The combined business, which will be

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