FORWARD FEATURES CALENDAR

Deals & Transactions

Rentokil Initial sells City Link

Rentokil Initial has sold the entire share capital of City Link to BECAP12 Fund (Better Capital), a private equity investor, for GBP1. There are no outstanding conditions required, so completion is effective immediately. The current City Link management team, led by David Smith, will continue to run the business. Better Capital

Natural Gas flames

FF&P Private Equity acquires UK energy efficiency company FIT

FF&P Private Equity, the private equity business of Fleming Family & Partners, has backed the buy-in management buy-out of specialist energy efficiency business FIT. The acquirer, Efficient Energy Management Group, majority owned by FF&P Private Equity, intends to capitalise on the demand for energy efficient commercial kitchens, as energy costs

European VC fundraising down in Q1 2013

European venture capital fundraising in Q1 2013 declined from the levels seen in Q4 2012 and Q1 2012 in both the number of funds closed and capital raised, according to the Dow Jones VentureSource quarterly report.   Venture capital investment into European companies experienced a quarter-over-quarter increase.   Just one

Herkules sells Gothia to Bertelsmann

Herkules Private Equity Fund III is to sell Gothia Financial Group to arvato, a business process outsourcing provider owned by Bertelsmann SE & Co. Gothia is a European credit management solutions provider. Herkules Private Equity Fund III acquired Gothia in 2008. During Herkules’ ownership the company has been transformed into having

KKR Asset Management to provide debt financing to Uralita

KKR Asset Management has entered into an agreement with Uralita and its subsidiary, URSA Insulation, to provide a EUR320m seven-year facility to repay current lenders – both banks and noteholders – and to develop URSA’s pan-European insulation business.   The investment has been made through investment funds managed by KAM’s

Apollo and Double Eagle partner to invest in oil and gas assets

Affiliates of Apollo Global Management and Double Eagle Energy have formed a partnership to invest in oil and gas properties in Oklahoma, with a primary focus on the Anadarko and Ardmore Basins. Double Eagle, headquartered in Fort Worth, Texas, has an executive management team led by John Sellers, co-chief executive

Renovalia Reserve Investment Platform adds two onshore wind power plants in Mexico

The First Reserve Energy Infrastructure Fund (FREIF I) and Renovalia Energy have expanded their Renovalia Reserve joint venture with the addition of two wind power plants in Southern Mexico.    The investments diversify the Renovalia Reserve portfolio beyond Europe into North America and nearly double the power capacity of the

Assured Labor raises USD5.5m led by Capital Indigo

Mobile recruitment specialist Assured Labor has closed a USD5.5m funding round led by Capital Indigo.   Capital Indigo joins existing investors Great Oaks Venture Capital, Nexus Venture Partners, Kima Ventures, Enzyme Venture Capital, Fabrice Grinda and Jose Marin.   “Our digital recruitment platform is taking off in Mexico and Brazil

Datalogix closes USD25m financing led by Institutional Venture Partners

Datalogix has closed a USD25m Series B round of equity financing led by Institutional Venture Partners (IVP).   IVP joins existing investors General Catalyst, Sequel Venture Partners and Costanoa Venture Capital.   The financing will enable Datalogix to continue its rapid growth and accelerate adoption of its audience and measurement

Completed stamp

ACG Group finalises acquisition of Groupama Private Equity

Following approval from the French financial markets regulator (Autorité des Marchés Financiers or AMF), ACG Group has completed its acquisition of Groupama Private Equity with Groupama changing its name to ACG Capital as a result of the transaction.   The acquisition encompasses Quartilium’s funds of funds business (EUR1.4bn under management)

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