Jersey Finance has welcomed the news that the EU Code of Conduct Group has given its approval to Jersey’s proposed amendments to its business tax regime. The Group met yesterday (13th September) and announced that they accepted moves made by Jersey to remove the deemed distribution and attribution elements of

Private equity firm GTCR has submitted a proposal to acquire Fundtech, a leading provider of transaction banking software and services to financial institutions, for USD23.33 in cash for each Fundtech ordinary share.   GTCR intends to combine Fundtech and BankServ, a GTCR portfolio company, creating a global leader in the

Monroe Capital has funded a USD22.5 million unitranche facility and an equity co-investment in West World Media, LLC. Monroe Capital’s facility was used to refinance existing debt and provide growth capital. West World Media, LLC supplies movie theatre showtimes, movie content, advertising services, marketing services, web-hosting services, and local event

Crescent Capital, a Turkey-based fund manager focused on energy and infrastructure, has successfully launched and held the first closing of Clean Energy Transition Fund, LP (CETF), a private equity fund targeting investments in renewable energy generation projects and related sectors, predominantly in Turkey and South Eastern Europe. CETF, which will

Chicago-based private equity firm Winona Capital Management, along with existing investors, has made a strategic investment in Petsense, a rapidly growing US chain of specialty pet supply retail stores. “We are extremely excited to partner with Petsense. Bob Angstead (Petsense CEO) and his team have sharpened the pet retail model,”

Forbion Capital Partners’ portfolio company AM-Pharma BV, a biopharmaceutical company focused on the preclinical and clinical development of Alkaline Phosphatase (AP) as a treatment of severe inflammatory diseases, has raised EUR29.2m in an oversubscribed Series D financing. The series D round was led by Ysios Capital Partners, co-led by Kurma

Global private equity firm Advent International has entered into a definitive agreement to acquire shares representing 49.998% of MAXAM’s share capital, from Vista Capital and Portobello Capital. The remaining 50.002% of the company’s share capital continues to be controlled by MAXAM’s management team, led by its Chairman CEO, José F

Alliance Consumer Growth (ACG) has closed its debut private equity fund, Alliance Consumer Growth Fund, with USD40 million in committed capital. The Fund will make investments in high-potential young consumer product and service companies. Founding partners Josh Goldin, Julian Steinberg and Trevor Nelson have overseen successful growth investments in the