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Deals & Transactions

On Assignment to acquire RLH Equity Partners’ portfolio company CyberCoders

CyberCoders, a portfolio company of Riordan Lewis & Haden Equity Partners (RLH), is to be acquired by On Assignment.  CyberCoders is a recruiting firm which combines personalised service and proprietary software to provide superior client outcomes.    CyberCoders specialises in permanent placement of mid to senior-level professionals with experience in

Sell button

Thoma Bravo sells Digital Insight to NCR

Thoma Bravo has sold portfolio company Digital Insight, a provider of digital banking capabilities to financial institutions, to NCR Corporation for USD1.65bn. The sale is expected to close in Q1 2014.   “Thoma Bravo was able to establish Digital Insight as a standalone company following our acquisition from Intuit in

Biotechnology

Water Street sells Medical Specialties Distributors

Water Street Healthcare Partners has sold Massachusetts-based Medical Specialties Distributors (MSD) to New Mountain Capital.  Water Street partnered with MSD’s management team in 2010 to build the company into a leading distributor and solutions provider to the growing alternate-site home infusion therapy market.   MSD has achieved strong double-digit growth

Aurora Capital Group acquires Zywave’s insurance solutions division

LA-based private equity firm Aurora Capital Group has completed the acquisition of the insurance solutions division of Zywave from Vista Equity Partners.  Financial terms of the transaction have not been disclosed.    "We look forward to partnering with Bill Haack, Dave O'Brien, Joe Gibson and the entire Zywave team," says

Oil rig

EIG holds final closing of Energy Fund XVI

EIG Global Energy Partners has held the final close of Energy Fund XVI, the firm's most recent flagship investment fund. Fund XVI is the largest fund in EIG's history and includes capital commitments from 150 limited partners from 18 countries.   Institutional investors domiciled outside the US represent more than

Ardian sells majority stake in Competence Call Center to Silverfleet Capital

Ardian has sold its majority stake in Competence Call Center (CCC), a European provider of premium call centre solutions based in Vienna, to Silverfleet Capital. As part of the transaction, CCC’s management is re-investing in the company. The closing of the transaction is subject to the approval of the relevant

Metric Capital Partners invests in Augusta Securities

Metric Capital Partners (MCP), the European private capital group, has completed its investment in Augusta Securities, a financial services company focused on the provision of funding for commercial litigation cases in the UK. Augusta is an independent financial services company offering solutions to the small and mid sized litigation funding

logs

Sidereal Capital Group acquires U∙C Coatings Corporation

Sidereal Capital Group has partnered with Argosy Private Equity to acquire U∙C Coatings Corporation. Headquartered in Buffalo, New York, U∙C Coatings manufactures and distributes wood protection products for the logging, lumber, furniture, and woodworking industries. The company’s flagship Anchorseal branded products are an industry leading line of wax based emulsion

Computer screen

Wedo completes GBP3m funding round

Wedo, the online furniture retailer, has completed GBP3m of funding, led by MMC Ventures. This follows the company’s initial seed funding in 2012, when Passion Capital and a selection of private equity investors came together to back Wedo and their vision of simple shopping. All previous key investors have reinvested

Guernsey flag

JTC Group acquires Anson Group

JTC Group has acquired the fund administration business of the Guernsey-based Anson Group. Anson Fund Managers Limited (AFML) represents over GBP11.5bn in funds under administration and specialises in providing a wide range of support services to companies and funds.   Its clients include trading companies, open ended and closed ended

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