Phoenix Equity Partners, a UK middle-market private equity firm, has invested in CloserStill, a business-to-business exhibition organiser, in a transaction which values the business at circa GBP25 million. This is the sixth investment from Phoenix’s GBP450 million fund, which was raised in 2010, and is a partial exit for NVM

Cell Therapeutics has entered into an agreement to sell, subject to customary closing conditions, USD40 million of shares of its Series 15 Convertible Preferred Stock and warrants to purchase shares of its common stock (and the shares of common stock issuable from time to time upon conversion of the Series

Investec Growth & Acquisition Finance (GAF), part of Investec Specialist Bank, has provided LDC with a debt financing package to support the management buy-out of Ocean Outdoor (Ocean) from Smedvig Capital.   Ocean operates 28 sites across the UK and is a leading operator of digital ‘out of home’ advertising

Pan-African equity specialist Emerging Capital Partners (ECP) has invested in Nairobi Java House, a leading Kenyan café and casual dining restaurant operator. The deal marks the first private equity deal in the restaurant sector in East Africa, and ECP’s second investment in the East Africa region from its latest fund,

August Equity has completed a buy-in management buy-out (BIMBO) in Aspirations Care Group (Aspirations), a community care services provider specialising in supporting individuals with complex and challenging behaviour. Aspirations is headquartered in Gloucester and provides high quality and specialist supported living and community support for children and adults who have

Golden Seeds has joined a list of top-tier investors in Triptrotting, Inc’s Series A financing of USD1.5 million.  Triptrotting is a global community connecting world travellers with like-minded local hosts for meet-ups and authentic experiences.  Co-investors included Google Ventures, Idealab, LaunchpadLA, 500 Startups, WI Harper Group and individual angel investors.