Private equity firm Riverside has acquired Donlin Recano, a bankruptcy management firm based in Chicago, on behalf of stakeholder management and financial communications consultancy Sage Holdings. It is Riverside’s 11th acquisition since the beginning of 2009 and was made through the Riverside Europe Fund III. Donlin Recano’s services include pre-Chapter

Central & Eastern European M&A activity amounted to a total of USD31.2bn from 307 transactions for the first nine months of 2009 – the lowest nine month period by value since 2004 and by volume since 2003, according to a report by mergermarket. Deal values are down from 2008 by

Low Carbon Accelerator has increased its equity holding in Proven Energy through a further investment of GBP1.5m. LCA’s existing loans to Proven Energy, totaling GBP600,000, will be converted into equity. In total this will give LCA a controlling stake of 81 per cent of Proven Energy’s issued share capital. The

Actis, a private equity investor in emerging markets, has held a final close on its USD750m Actis Infrastructure 2 fund. The pan-emerging markets fund will focus principally on opportunities in power generation and transport. Paul Fletcher, senior partner at Actis, says: "The need to build infrastructure in emerging markets is

Concord Hospitality Enterprises, a hotel developer, owner and operator, has entered the initial stage of forming a USD300m discretionary private equity fund. The fund, which will focus on acquiring distressed hotels and debt, is expected to close within the next 90 days. Additionally, the company says it continues to aggressively

New Earth Solutions Group, a UK waste treatment and renewable energy company, has completed a first close of its GBP15m equity fundraising announced in August 2009 with a GBP5m investment by Ludgate Environmental Fund. Nick Pople, director of Ludgate Investments, investment adviser to Ludgate Environmental Fund, says: "The strength of

Aquiline Capital Partners, a New York-based private equity firm investing in the financial services sector, has made an investment in TigerRisk Partners.   Aquiline’s initial investment will support the continued organic growth of TigerRisk, with substantial additional equity available for acquisitions in the US and Europe and to further develop

Castle Harlan, a New York private equity investment firm, and Champ Private Equity, its affiliate based in Australia, have agreed to sell United Malt Holdings, one of the world’s largest producers of malt for the brewing and distilling industries, to GrainCorp, an Australian bulk-grain handler. The transaction would be valued

Yorkville Advisors, the US based investment manager to a family of funds, has executed a SGD10m equity line facility with Advanced Integrated Manufacturing.  Under the terms of the facility, AIM may issue ordinary shares to Yorkville in tranches based on certain criteria at any time over a 36 month period

Causata, a software company that enables companies to optimise customer experience and business results, has secured series A funding from Accel Partners. The USD4.5m initial investment will support Causata’s mission to deliver breakthrough software that empowers companies to understand and engage their customers at any touch point. Causata is led