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Deals

Medicash completes GBP4m minority investment in Now Healthcare Group

Now Healthcare Group (NHG) has received a minority investment from health cash plan provider Medicash of GBP4 million. Founded in 2015 by Lee Dentith, NHG provides digital healthcare services through its brands Dr Now, Now GP and Now Pharmacy. This exciting new partnership with Medicash will enable the business to

Falcon Group secures USD100m five-year term loan from KKR

Falcon Group has secured USD100M in funding from KKR’s credit platform (KKR Credit). With nine offices worldwide, Falcon continues to see widespread and growing demand from corporates looking for innovative funding solutions. The company now operates in over 30 countries and across 15 industries having deployed over USD8 billion in

Cairngorm Capital portfolio company Stevenswood acquires Sameday Holdings Limited

Cairngorm Capital Partners’s (Cairngorm Capital) portfolio company Stevenswood Trade Centres Limited (Stevenswood) has acquired Sameday Holdings Limited (Sameday). This transaction, which is highly geographically complementary, accelerates Stevenswood’s strategy to develop a national network of trade counters. The new combined group will continue to be headquarted in Livingston and will have

BGF invests in Milk Visual Effects

BGF (Business Growth Fund) has invested an initial GBP2 million in Milk Visual Effects, an Oscar winning independent visual effects (VFX) company which creates innovative and complex visual effects for high-end television and feature films. Milk will use the funding to expand its studios; invest in new technical equipment and

Celanese and Blackstone to form acetate tow JV

Celanese Corporation (NYSE:CE), a global technology and specialty materials company, and funds managed by Blackstone (NYSE:BX), one of the world’s leading investment firms, are to form a joint venture (JV) that will create a global acetate tow supplier. Celanese and Blackstone will own 70 per cent and 30 per cent

Elbrus Capital closes two important transactions

Russia and CIS-focused private equity business Elbrus Capital closed two important transactions at the end of May 2017, with both expected to be value accretive, improve investment returns and exit prospects for the firm’s investors. The firm advised on the successfully completed merger of SPSR Express and DPD Russia, the

Scopely raises USD60m round led by Revolution Growth

Scopely, a free-to-play interactive entertainment network, has raised USD60 million in a Series C financing led by Revolution Growth, which is helmed by former AOL executives, Steve Case, Donn Davis, and Ted Leonsis. Revolution Growth Managing Partner Donn Davis will join Scopely’s Board; additional investors in the round include Greenspring

Mobike raises over USD600m in Series E financing led by Tencent

Smart bike-sharing company Mobike has raised over USD600 million in a new round of financing led by existing investor Tencent, plus Sequoia, TPG, and Hillhouse Capital, among others. New investors in this round included leading banks BOCOM International, ICBC International, and global institutional asset management firm Farallon Capital. China Renaissance

Golden Gate Capital acquires Express Oil Change & Tire Engineers

Private Equity investment firm Golden Gate Capital (GGC) has acquired Express Oil Change & Tire Engineers (Express Oil) from Carousel Capital. Express Oil will remain headquartered in Birmingham, Alabama and will continue to be led by its current management team, including Chief Executive Officer Ricky Brooks. Express Oil’s management and

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