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Deals & Transactions

Huron Capital’s Ronnocco Coffee acquires International Blends

Huron Capital Partners’ portfolio company, Ronnoco Coffee, has acquired International Blends, a distributor of coffee and other related products to convenience stores, restaurants and offices.    The transaction brings Ronnoco and International Blends together and expands Ronnoco’s service area in its core markets.    Scott Meader, chief executive of Ronnoco,

KKR to invest in Colonie Center

Affiliates and clients of KKR, including KKR Financial Holdings, in partnership with Colonie Pacific, have acquired Colonie Center.   Financial terms of the transaction have not been disclosed.   Colonie is a 1.3 million square foot super-regional mall with over 113 stores that sit on 91 acres in Albany, New

AXIOM Sales Force Development joins Evolution’s growth portfolio

Private equity firm Evolution Capital Partners, in partnership with management, has acquired AXIOM Sales Force Development.   This partnership represents the third platform investment in Evolution’s second fund.   AXIOM, based in Dallas, Texas, specialises in global sales coaching, sales methodology, integrated software solutions and implementation services.  Its sales force

Marketing

Ridgemont Equity Partners invests in Simpleview

Ridgemont Equity Partners, a middle market buyout and growth equity investor, has closed an equity investment in Simpleview, a provider of software and digital marketing services to destination marketing organisations (DMOs).   The existing management team, led by chief executive Ryan George and president Rich Reasons, will continue to run

Somo’s growth to be fuelled by London funding

Somo is one of the first beneficiaries of the new MMC London Fund, launched this week at London’s City Hall.   The fund, managed by the Mayor of London and partly financed by a grant from the European Regional Development Fund, is intended to support the growth of London-based businesses.

AXA Private Equity sells Duplomatic Oleodinamica to Progressio SGR

AXA Private Equity has signed a binding agreement with Progressio SGR, on behalf of the Fund Progressio Investimenti II, to sell its majority (88 per cent) stake in Duplomatic Oleodinamica.   Based in Parabiago, Milan, Duplomatic Group is a producer of hydraulic valves, pumps and oil-pressure activated systems which are

Eversheds advises ECI Partners on MBO of Amber Travel

Law firm Eversheds has advised ECI Partners on the secondary management buy out of premium rail travel company Amber Travel from Primary Capital, valuing the business at over GBP50m.   Amber Travel is a leading player in the specialist rail tour industry, offering escorted group holidays to destinations around the

Scotland flag

Three more entrepreneurial businesses receive SLF boost

The Scottish Loan Fund (SLF), which is managed by Maven Capital Partners, has invested in three more growth-focused businesses.   In the two years since launch the SLF has now committed over GBP28m of funds in 11 Scottish SMEs.   Set up to address the market need for finance, funding

Drugs 2

Water Street Invests in pharmaceutical services company

Water Street Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, has invested in CCBR-SYNARC.   Comprised of two businesses that specialise in outsourced clinical services, CCBR-SYNARC expands Water Street’s global presence in the pharmaceutical services sector. It also marks the healthcare firm’s first investment from its

Rockpool completes investment in Chicago Rib Shack

Rockpool Investments, the private equity investment firm headed by Nicola Horlick, has completed a first close of a planned GBP1.675m investment in Chicago Rib Shack, the fast casual dining restaurant founded and operated by Christian Arden.   The EIS-qualifying investment, which was taken up by members of the Rockpool Network

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