Mergers and acquisitions in the US financial services industry could increase in both number and value of deals, if markets improve and European banks sell noncore business units, PwC says in a new report. M&A prospects remain uncertain, however, after deal volume fell in 2011 due to the European debt

Maven’s Manchester team has led the MBO of Vodat International Limited (Vodat) from its founder Mike Bielinski in a GBP5m transaction. Vodat provides managed network and communications solutions to business customers, with a particular focus on the UK retail sector in which it has a leading market presence. Cheshire based

IFG Group has signed an agreement for the sale of its entire International Division (Segment) to AnaCap Financial Partners II LP. The purchase price is GBP70 million (EUR84 million) which will be paid in full on the completion of the sale. The purchase price shall be subject to an adjustment

GSO Capital Partners, the credit division of Blackstone (NYSE: BX), has announced the final closing of its second mezzanine fund, GSO Capital Opportunities Fund II, with total commitments of USD4 billion, making it among the world’s largest mezzanine funds and the largest mezzanine fund to be raised following the financial

Cancer Research Technology, Cancer Research UK’s commercial arm, and the European Investment Fund (EIF), have joined together to create a GBP50 million investment fund to bridge the funding gap in the UK between cancer drug discovery and early development.  The CRT Pioneer Fund will seamlessly take potential cancer drugs from

Broadlake Capital has acquired a significant stake in Vita Liberata, the International Self Tan Business.  This investment marks Broadlake’s first investment in the Health & Beauty market and presents the opportunity to support Vita Liberata’s founder Alyson Hogg and her team with the growth and continued International expansion of the

New Wind, LLC, the Nashville-based small-wind vertical-axis wind turbine (VAWT) company has received more than USD1 million in a second round of venture capital funding. Stuart Wiston, the company’s president, says the funding came because investors looked at the phenomenal growth and potential of the company and felt not only

Brilla Group, a Miami-based private equity firm focused on the luxury beachfront hotel and resort asset class in South Florida, the Caribbean, México, Central America, and Colombia, completed the first closing for its Colombian Beachfront Hospitality Private Equity Fund on 1 February, 2012. This local vehicle, regulated by the Colombian