Kneip, a service provider to the asset management industry, has repurchased all shares held by private equity firm 3i, following strong growth for the group during the last three years. 3i first invested for a significant minority stake in Kneip during May 2007 to help increase the company’s service offering

RoundTable Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, has made a controlling investment in Aqua Pharmaceuticals. Founded in 2004, Aqua is a dermatology pharmaceutical company focused on acquiring, developing and marketing under-promoted, branded, pharmaceutical products in the US. Financial terms of the transaction were not

Albion Ventures has invested GBP2.65m in Masters Pharmaceuticals as sole investor. Masters is a supplier and distributor of pharmaceutical products. The investment will be used for continued expansion in its core markets of Latin America, the Middle East and the Caribbean. Masters is also seeking to open new markets in

The Cevian Capital II Funds have a shareholding in Wolseley of 14,690,088 shares, corresponding to 5.2 per cent of the company’s voting rights. Marcus Alexanderson, partner at Cevian Capital, says: “As the world’s leading distributor of plumbing and heating products to the professional markets, Wolseley has a strong set of

Energy price risk management company Encore International has been sold for GBP6.25m to McKinnon & Clarke, an energy procurement and compliance specialist headquartered in Edinburgh. McKinnon & Clarke is a portfolio company of private equity business Lyceum Capital. The enlarged business will be re-named M&C Energy Group on 1 July.

Law firm Carey Olsen has acted for Sandpiper in the sale of five supermarkets to Waitrose. The shops, three in Jersey and two in Guernsey, will be operated by Sandpiper CI under licence following completion of the deal, which is expected in October, and subject to regulatory authority approval until

Xzeres Wind has completed an equity financing of USD4,010,500 in a private placement of 4,010,500 shares (USD1.00 per share) to a group of institutional investors and high net worth individuals. Each purchaser of common stock received warrants to purchase additional shares in an amount equal to 35 per cent of

GetJar, the world’s second largest app store, has closed USD11m in series B funding from Accel Partners. The company plans to apply the new capital to developing its consumer facing sites (GetJar.com and m.getjar.com) and its customer solutions such as Pay-Per-Download, App Download Page and App Catalogue Express in order

LGT Capital Partners has held the final close of Crown Global Secondaries II, its second global secondary fund, with total subscriptions of USD1.2bn. The programme’s investor base includes government pension funds, corporate pension funds, insurance companies, endowments and foundations from Australia, Bahrain, Canada, Denmark, Finland, Germany, Iceland, Japan, Kuwait, Malaysia,