FORWARD FEATURES CALENDAR

Deals

Kemp Little advises Apse Capital on purchase of majority stake in Ultima Business Solutions

Kemp Little has advised private equity house Apse Capital in a deal with intelligent transformation provider Ultima Business Solutions. The deal sees Ultima founder Max McNeill becomes a significant minority shareholder in the business. Ultima utilises new technologies to drive innovation and efficiency through technology fulfilment services, technical professional services

Apposite Capital-backed Riverdale Healthcare makes first bolt-on acquisition

Private equity investor Apposite Capital’s dentistry group, Riverdale Healthcare, has made its first bolt-on acquisition further expanding its footprint in North East England. The acquisition consists of two mixed income dental practices in Tyne & Wear, Hebburn Dental Practice and Pelaw Dental Practices, which are located within two miles of

Surge Private Equity invests in Hippodrome Services Group

Dallas based Surge Private Equity (Surge) has closed its investment in Manhattan based Hippodrome Services Group (Hippodrome) with financing provided by Harvest Capital Credit Corporation (Harvest) and Modern Bank (Modern), which acted as administrative agent in the transaction. Operating for 20-plus years, Hippodrome provides outsourced laundry and dry-cleaning services to

LDC-backed Fishawack acquires 2e Creative

LDC-backed Fishawack, a leading independent healthcare communications specialist, has acquired US-based healthcare communications agency, 2e Creative, for an undisclosed sum. The deal, which follows the acquisitions of creative consultancy Blue Latitude, Healthcircle Advertising Limited and healthcare marketing agency Dudnyk, marks the fourth acquisition for Fishawack over the past 12 months.

Kester Capital backs management buy-out of ComplianceOnline

ComplianceOnline, a provider of global regulatory intelligence to the gambling and payment sectors, has been acquired in a management buy-out, backed by the primary buyout specialist Kester Capital (Kester). The investment comes at a time of significant momentum for Kester, which recently expanded its investment team and completed its third

Centre Partners sells Stonewall Kitchen to Audax Private Equity

Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has sold its portfolio company Stonewall Kitchen to Audax Private Equity. Financial terms of the transaction have not been disclosed. Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food

Denham Capital sells African renewable power company BioTherm Energy

Denham Capital has sold BioTherm Energy to Actis Capital, a leading emerging market investor, for an undisclosed sum. Denham invested in BioTherm Energy through its Fund V and helped build it into a leading African independent renewable power company. Jasandra Nyker, currently CEO at BioTherm, will become a Managing Director

Money changing hands

FNA secures USD5.5m in Series A funding

FNA has closed USD5.5m Series A investment round led by IQ Capital, with participation from GETTYLAB.  The funds will be used to further develop the FNA platform and solutions to help financial regulators and institutions operationalise advanced data analytics, identify fault lines in the financial system and prepare better for

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