Maven Capital Partners has sold WEMS International to WHEB Partners and members of the WEMS management team, realising the investment made in June 2010 by Maven on behalf of the Capital for Enterprise Fund A. WEMS (formerly Adam Communication Systems International) is a UK based provider of building energy management

AXA Private Equity has signed an agreement for the sale of 100 per cent of its interest in Unipex Group to the IK2007 Fund advised by IK Investment Partners. The completion of the transaction is subject to certain customary conditions, but the parties expect the transaction to be completed by

Alternative asset manager The Carlyle Group’s infrastructure fund is to acquire from Goldman Sachs Group the North American power generation assets held by Cogentrix Energy, which include five coal and solar power projects in Florida, Virginia, Colorado and California, as well as a development pipeline of gas and renewable power

Brille24, a German online retailer for prescription eyeglasses, has closed an equity financing deal through its holding Tejado with growth investment firm TIME. The company signed a financing deal with growth investment firm TIME for an amount of up to EUR12m, of which EUR7m is invested as of today. Matthias

A fund managed by Blackstone on behalf of its private equity investors, Blackstone Capital Partners V, is to acquire GCA Services Group, a US facility services company, from Nautic Partners and other minority shareholders.   Robert Norton, chairman, president and chief executive of GCA Services Group, says: “This transaction is a

Russian Direct Investment Fund’s Russia-China Investment Fund (RCIF) has reached a preliminary agreement to become a shareholder of Russia Forest Products (RFP), Russia’s second-largest forestry company. RCIF’s investment will fund the company’s move up the value chain from producing primarily raw logs to higher value added products like veneer and

Mid-market private equity firm GI Partners has sold its portfolio company, PC Helps Support, to Baird Capital Partners (BCP), the US-based buyout fund of Baird Private Equity. The sale of PC Helps generated a return of approximately five times invested capital to limited partners of GI Partners Fund II. PC

Palatine Private Equity’s portfolio company, MoneyPlus Group (MPG), has completed the acquisition of debt management company Debt Free Me for an undisclosed sum.   Debt Free Me, based in Blackburn, UK, provides a range of debt management solutions to consumers and employs 30 people. The business will continue to trade

Huron Capital Partners has recapitalised Ronnoco Holdings in a transaction marking the 60th investment overall for Huron.  Founded in 1904 and based in St Louis, Missouri, Ronnoco manufactures and distributes premium quality coffee, tea and related products sold to convenience stores, foodservice outlets and offices throughout the central US.  Huron,