An affiliate of New Water Capital Partners, a Boca Raton-based private equity investment firm focused on lower-middle market companies, has recapitalised KL Outdoor, a US-based manufacturer, designer, and marketer of branded outdoor lifestyle/recreational and outdoor events products. The company’s product lines include kayaks, stand-up paddle boards, canoes, paddle boats, hunting

Permira Debt Managers (PDM) is acting as sole lender in the refinancing of Away Resorts’ existing debt. PDM’s support will also enable Away Resorts to acquire its sixth park, Sandy Balls, based in the New Forest.   In addition to the refinancing, PDM funds have also provided a capex facility

PyroGenesis Canada, a clean-tech company that designs, develops, manufactures and commercialises plasma waste-to-energy systems and plasma torch products, has signed two additional military contracts totalling approximately USD1.2 million (CAD1.6 million). As of 30 June 2016, total military contracts signed now exceed USD3.7 million (CAD5 million).   The military contracts are

Puji Capital and Galaxy Holdings have formed a joint venture to create a new economic and business region in Shenzhen to bridge and innovate cross-border business between China and the West through investment and business support. The new joint venture platform is aiming to spark innovation and encourage cross-border business

Clessidra and the Buccellati have sold an 85 per cent stake of Buccellati Holding Italia (Buccellati) to the Chinese conglomerate Gangtai Group. Clessidra and the Buccellati family will retain a 15 per cent stake in Buccellati. Buccellati, founded in Milan in 1919, is one of the most prestigious Italian jewellers.

Mid-market investment bank Lincoln International (Lincoln) has represented KRG Capital Partners (KRG) on it sale of sell Ansira Partners (Ansira) to Advent International Corporation (Advent). Terms of the transaction have not been disclosed. Ansira is a premier data-driven, technology-enabled marketing solutions provider which integrates data analytics, CRM, localised marketing automation

Japanese denim brand EVISU has agreed a buy-back deal for its retailing and franchising rights in China. Parent company EVISU Group Limited is reinvesting, alongside private equity fund Cassia Investment, to buy back New Elegant Trading’s interest in their China joint venture, which is financially supported by IDG Capital.  

German hotel group Meinninger Hotels and private equity firm VIYM have signed a management agreement which will see Meinninger open its first hotel-hostel hybrid in Russia, as part of VIYM’s Nikolskiye Ryady development in Saint Petersburg. The overall cost of the Nikolskiye Ryady project, including both hotel properties – the

Diagnostic solutions specialist Curetis has secured a EUR25 million unsecured loan from the European Investment Bank (EIB). The financing is the first growth capital loan under the European Growth Finance Facility (EGFF), launched in November 2016 and is backed by a guarantee from the European Fund for Strategic Investments (EFSI).