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Deals & Transactions

NewSpring Invests in Blo Blow Dry Bar

Private equity investor NewSpring’s latest strategy, NewSpring Franchise, has invested in Blo Blow Dry Bar (Blo), North America’s original blow dry bar franchise. “The investment in Blo Blow Dry Bar is a landmark for NewSpring as it represents the first deal in our newly formed franchise portfolio,” says Patrick Sugrue,

Mezzanine Management completes Plasta investment

AMC Capital IV, advised by Mezzanine Management, has made an investmenmt in Plasta Group, which comprises Lithuanian recycled plastic rubbish bag producer Plasta and Swedish producer Rullpack.   Plasta is a major recycled plastic processing and manufacturing company in Europe, making over 500 million bags per year. The company boasts

Gravie secures USD28m in financing led by AXA Venture Partners

Gravie, a specialist in defined contribution healthcare, has raised USD28 million in a Series D round of financing led by AXA Venture Partners (AVP), with participation from existing investors FirstMark Capital, Split Rock Ventures and Revelation Partners.  The capital will be used to fuel Gravie’s continued growth through investments in

Citizens advises trustaff Management and CardioSolution on recapitalisation by Cornell Capital and Trilantic North America

Citizens M&A Advisory announced has served as the exclusive financial adviser to trustaff Management and CardioSolution on their recapitalisation by Cornell Capital and Trilantic North America, two New York-based private equity firms. Founded in 2002, trustaff Management is a provider of travel nurse and allied healthcare staffing services while CardioSolution

Blue Point acquires Weaver Leather

Blue Point Capital Partners has acquired Weaver Leather, its ninth Blue Point IV platform investment.   Based in Mt Hope, Ohio, Weaver is a produces enthusiast brands in the equine, pet, leather crafting, arborist, livestock and construction markets. Known for its quality and breadth of products, Weaver manufactures, markets and

Eurazeo enters into exclusivity agreement with view to acquiring Groupe Premium

Eurazeo, via its Eurazeo PME subsidiary, has signed an exclusivity agreement under which it would invest, as a majority shareholder, alongside Groupe Premium’s current shareholders – Montefiore Investment, Groupe Premium’s management including Olivier Farouz, Laurent and Didier Zerbib, Benoît Jauvert and other key executives, together with independent agent partners.  

Humatica advises Intermediate Capital Group (ICG) on investment in Lucid Group

Humatica, a private equity specialist adviser for portfolio organisational effectiveness, has advised private equity firm Intermediate Capital Group (ICG) on its investment in Lucid Group. Founded in 2007, Lucid Group is a strategic healthcare communications company committed to advancing patient health outcomes through healthcare communications that improve the way patients

The Rise Fund to invest USD200m in Airtel Africa’s mobile money business

The Rise Fund, the global impact investing platform of alternative investment firm TPG, is to invest USD200 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel Africa.  AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations; and is now

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