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Deals

Independent manufacturer Amazon Filters secures BGF backing

Amazon Filters, a filtration equipment manufacturer, has secured a significant investment from BGF. The business will use BGF’s funding to continue its organic growth and further expand its distribution network. Founded in 1985 by Mike Pizzey, the family-owned business is an independent manufacturer of bespoke filter housings and cartridges. It

Carey Olsen advises on USD3.7 billion restructuring of Concordia

Lawyers from Carey Olsen’s corporate team in Jersey have advised the ad-hoc group of secured creditors of Concordia International Corp, a publicly listed international generics pharmaceuticals business with sales in more than 90 countries, on its USD3.7 billion recapitalisation. The recapitalisation, which was implemented by way of a court-approved plan

Palatine backs apprenticeship provider Estio Training

Palatine Private Equity has made the third investment from its Impact Fund by acquiring a sizeable stake in Estio Training, a provider of IT, digital and technology apprenticeships. The Leeds-based business offers 10 different apprenticeship programmes, including Data Analyst, Infrastructure Technician and Software Developer roles. Across its Leeds, Manchester and

RDIF invests in WayRay

The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia, and a consortium of sovereign wealth funds (among them the Russia-Japan Investment Fund, launched by RDIF and the Japan Bank for International Cooperation (JBIC)) lead by RDIF, have invested in WayRay, a specialist in holographic AR displays for cars. Hyundai Motor, Alibaba Group,

AlphaNetworks raises USD10m to build blockchain-powered global media platform

AlphaNetworks, a blockchain-powered entertainment platform supported by industry-leading AI and cognitive science, has closed USD10 million in an initial funding round led by Alphabit Digital Currency Fund and joined by Shuttle Fund of Korea, Smart Contract of Japan and other crypto investors.   The announcement was made as part of

Apposite Capital makes further acquisition in medical imaging sector

Apposite Capital, a private equity firm with an exclusive focus on healthcare, has acquired Prime Health Diagnostics Limited (Prime Health).   This follows Apposite’s investments in Medical Imaging Partnership in 2016 and Medical Imaging Partnership’s subsequent acquisition of the specialist imaging activities of Nuada Medical (now Medical Imaging London) in

Center Rock Capital Partners invests in LINC Systems

Center Rock Capital Partners (Center Rock) has invested in LINC Systems (LINC), a North American distributor of fastener, packaging and MRO tools and supplies serving a broad range of industrial customers and end markets. Center Rock invested in LINC out of its inaugural investment vehicle, Center Rock Capital Partners Fund

Westhook Capital invests in Metco Landscape

LA-based private equity firm Westhook Capital (Westhook) has made an investment in Metco Landscape (Metco), a provider of landscaping installation and maintenance services in Colorado. The Company will continue to be led by Mark Tomko, who will remain in his position as CEO immediately following the Transaction. Metco ranks No28

Archangels and Maven lead co-investment in Optoscribe

Optoscribe, a supplier of glass-based integrated photonics components, has closed an investment round of GBP2.8 million led by Scottish business angel investment syndicate, Archangels, and also supported by its other existing investors, Par Equity, Scottish Investment Bank and the Optoscribe management team. Previous investors were joined in this round by

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