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Deals

Noerr coordinates sale of South Asian Daraz Group to Alibaba

The European law firm Noerr has provided comprehensive advice on the sale of the eCommerce platform Daraz, a market leader in countries including Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal, to Alibaba. The investors selling Daraz include Asia Pacific Internet Group (APACIG), a joint venture between the listed company Rocket

Palladium Equity Partners sells Jordan Health Services

Affiliates of Palladium Equity Partners have completed the sale of the parent of home care provider Jordan Health Services (Jordan), to Kelso & Company and Blue Wolf Capital Partners. Jordan is being combined with Great Lakes Caring and National Home Health Care to create one of the largest US home-based

The Disruption House closes significant funding round

The Disruption House (TDH), a financial technology benchmarking and data analytics business, has closed a significant funding round and created an executive advisory board.   The funding was raised from a small group of private investors and will enable the firm to complete production of their unique benchmarking and performance

AnaCap-owned Barclays France rebranded as Milleis

AnaCap Financial Partners (AnaCap), a European financial services private equity firm, is rebranding its Barclays France business as Milleis Banque (Milleis) with immediate effect. This follows the successful completion of the acquisition of Barclays’ French retail, wealth and investment management operations (including subsequent regulatory approval) in September 2017.   The

Progressio sells Industrie Chimiche Forestali to EPS Equita

Progressio has completed the sale of Industrie Chimiche Forestali SpA (ICF) to EPS Equita PEP SPAC (EPS).  ICF is a prominent player in adhesives for the footwear, automotive and flexible packaging sectors, with approximately EUR80 million in turnover and a commercial presence in over 70 countries. Founded in 1918, the company turns 100 this

Xenikos secures USD30m in Series B financing

Xenikos, a clinical-stage biopharmaceutical company currently developing a novel therapy for treating acute graft-versus-host disease (aGVHD), has secured USD30 million in a Series B financing round. Two new investors in the company – Medicxi Ventures and RA Capital Management – participated in the financing round. The funds will be used

CMS acts for ITE Group plc on GBP300m acquisition of events businesses from Ascential

Law firm CMS is acting for main market listed ITE Group (ITE) on its proposed GBP300 million acquisition of Ascential’s Exhibitions Business.   The consideration for the acquisition (including estimated costs) is intended to be funded through a GBP315 million rights issue, which has been fully underwritten on a standby basis

TECHNEDs makes strategic investment in Measure My Energy

TECHNEDs has made a strategic investment in Measure My Energy that will utilise the investment firm’s expertise and planning in the field of emerging technologies. Together, TECHNEDs and Measure My Energy will explore new commercial strategies to disrupt the manner in which businesses can understand their utilities expenditure.   “We

Investcorp launches buy-and-build strategy in German healthcare sector

Investcorp has established a platform to enter the highly fragmented German dental sector. As its initial investment, Investcorp has acquired Privatzahnarztklinik Schloss Schellenstein GmbH (PSS), one of the leading centres for implantology and dental surgery, which attracts both domestic and international patients and is based in North Rhine-Westphalia, Germany. PSS

Inverness Graham sells Spirion

Inverness Graham, a private investment firm based in suburban Philadelphia, has sold Spirion LLC, a provider of enterprise data management security software, to the Riverside Company.  Spirion helps customers reduce their sensitive data footprint and minimise risks of cyber-attacks.  Spirion’s customers include leading firms in the financial services, retail, healthcare,

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