Raptor Consumer Partners, a consumer-focused growth equity firm, has partnered with obstacle racing series Spartan Race. John Burns, managing director at Raptor Consumer Partners, will join Spartan Race’s board of directors. In connection with RCP’s investment, Spartan Race will also work closely with Raptor Accelerator and Raptor Sports Properties, gaining

Interface, a worldwide floor coverings company, has completed the previously announced transaction to sell its Bentley Prince Street business segment to an affiliate of Dominus Capital, a private equity investment firm.  The transaction was closed on terms and conditions consistent with those previously disclosed. Interface is the world’s largest manufacturer

South East-based law firm Cripps Harries Hall has been advising on the recommended offer for Kent-based marketing communications agency, WFCA, by Porta Communications. WFCA is a full-service marketing communications agency, delivering advertising, design, direct, digital and media solutions.  Valued at GBP1.49m, Tunbridge Wells-based WFCA will be acquired by Porta Communications,

Preqin research indicates that buyout funds are still carrying many portfolio companies purchased during the record-breaking buyout boom period of 2006-2007, with just 28 per cent of deals made in 2006 and 19 per cent made in 2007, having been fully exited by general partners. Buyout GPs typically look to

HgCapital has sold Mercury Pharma, the UK-based speciality pharmaceutical company, to Cinven, the European private equity firm, for GBP465m. Following the sale of Mercury Pharma, 20 per cent of invested capital will have been realised by the HgCapital 2009 vintage fund, HgCapital 6. Since the start of the global economic

Illinois Tool Works’ (ITW) Decorative Surfaces business is to become a new, independent company operating as Wilsonart International, backed by Clayton, Dubilier & Rice (CD&R).   A fund managed by CD&R will invest USD395m in the new freestanding business to acquire a majority ownership stake.  ITW will retain an ongoing ownership

The gradual recovery in deal flow in private equity’s UK lower mid-market continued during the second quarter of 2012, as the Eurozone crises’ impact on confidence and the availability of leveraged debt continued to dampen the wider continental buyout market. According to Lyceum Capital and Cass Business School’s UK Growth

Great Point Partners, a Greenwich, Connecticut-based private investment firm focused on the healthcare industry, has led a USD20m funding round in growth recapitalisation of Connecture.  Existing investor Chrysalis Ventures also co-invested in the financing. The investment will enable Connecture to meet the demand from states for the creation of health

The Riverside Company has acquired the US food ingredients distribution business of Centerchem, a distributor of Capol products. Based in Elmshorn, Germany, Capol is a Riverside platform company that develops and manufactures polishing, anti-sticking and release agents used for confectionary applications. The new US operation, Capol LLC, is based in

Tech Coast Angels (TCA) raised more than USD10m of total investment in 17 companies, including USD4,571,000 of direct TCA investment, during the first half of 2012 via the group’s five networks in Los Angeles, Orange County, San Diego, Central Coast, and Inland Empire. The investment portfolio for the period spans