FORWARD FEATURES CALENDAR

Deals

New Transaction Liability MGA secures deal with CBL Insurance

Capital Risks Limited (Capital Risks), a new Managing General Agency (MGA), has secured an agreement with CBL Insurance Ltd (CBL), of New Zealand to enable it to underwrite Transaction Liability Insurance. With a specific focus on small and medium sized deals that are currently underserved in the market, Capital Risks

JW Childs Associates acquires Ascent Medical Group

JW Childs Associates, an operationally-focused private equity firm, has acquired Ascent Medical Group, through a newly formed platform company, Siromed. Ascent Medical Group, LLC, a physician group practice based in Florida, is the first entity acquired by Siromed. Ascent, founded in 2011 by Dr Steven Milstein, provides anesthesia care in Boynton

Noerr advises Hogg Robinson on eWings acquisition

Noerr has advised the Hogg Robinson Group on the acquisition of the digital travel innovator eWings.com. Sellers are the founder of eWings.com and other venture capital investors. Berlin-based eWings.com provides a fast and easy-to-use software solution for booking and managing flights for frequent flyers and business customers. The acquisition provides

Jaguar Land Rover’s Inmotion invests USD25m in Lyft

InMotion, Jaguar Land Rover’s mobility services business, has made a USD25 million (GBP19 million) investment in Lyft, the fastest-growing rideshare company in the US.

 This investment will support Lyft’s expansion and technology plans. It will also provide Jaguar Land Rover’s InMotion Ventures with the opportunity to develop and test its

Solteq acquires inPulse Works Oy

Solteq has acquired inPulse Works Oy. The acquisition will enable Solteq to offer services that meet the varying needs of electricity, district heating and water companies. The acquisition will also strengthen Solteq’s current BI and analytics expertise and open new opportunities in the sector-independent BI and analytics market. inPulse Works

Howard Kennedy advises shareholders and management on the MBO of Aston Barclay

Law firm Howard Kennedy has advised the selling shareholders, and separately the incoming and existing management team, on the multi-million-pound investment from Rutland Partners into the Aston Barclay Group.  The transaction paves the way for a significant investment in the business which will consolidate it as the UK’s leading national

Alain Vandenborre, SDiX

SDiX completes USD10m Series B+ financing

Singapore Diamond Investment Exchange (SDiX), the world’s first commodity exchange for physically settled diamonds, has raised USD10 million in Series B+ financing. The round, which closed on June, was led by existing investors Vertex Ventures and SDiX Chairman Alain Vandenborre (pictured). New investors in this round include Simon Murray, Chairman

US-based OEConnection Holdings buys Clifford Thames from LDC

Clifford Thames, a provider of data services to the global automotive aftermarket industry, has been acquired by OEConnection Holdings the US-based e-commerce technology group, from its private equity owner LDC.  Based in Chelmsford, Essex, Clifford Thames manages information on millions of car parts which is used by manufacturers and leasing companies to manage vehicle repairs and maintenance. Its customers include Ford,

High Street Capital exits ShoreMaster

High Street Capital has sold ShoreMaster to an affiliate of Invision Capital. ShoreMaster, based in Fergus Falls, MN, is a designer, manufacturer and marketer of high-quality boating products including boat lifts, boat docks and accessories.  This sale is the culmination of a successful partnership between High Street Capital and ShoreMaster’s

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