FORWARD FEATURES CALENDAR

Deals

Dunedin-backed WFEL secures GB57m contact with Swiss armed forces

WFEL, the Stockport-based defence engineering group which is backed by UK mid-market private equity house Dunedin, has secured a significant contract to supply GBP57 million of tactical military bridges to the Swiss armed forces. This agreement follows a highly competitive two-year international procurement contest and as such strengthens WFEL’s position

Kirona receives growth funding from LDC

Cheshire mobile application software developer Kirona Group has secured a significant investment from mid-market private equity firm LDC.   The business, which is based in Alderley Edge, was established in 2003 by former Oracle executives David Murray and Neil Harvey, and develops FFA solutions for a wide range of industries

Bob Press, Founding Partner and CIO of Trafalgar Capital Advisors

Trafalgar provides USD5m equity line to Omni Ventures

Specialist finance and advisory firm Trafalgar Capital Advisors (TCA) has closed a USD5m equity line to US-listed Omni Ventures Inc, a manufacturer of high-end fashion products. The loan facility has been provided through the TCA Global Credit Master Fund LP, TCA’s master feeder fund that seeks to finance small, growing,

Advent International completes acquisition of Oberthur Technologies

Advent International, the global private equity firm and the François-Charles Oberthur Fiduciaire Group, have completed the acquisition of the Card Systems and Identity divisions of Oberthur, following workers’ council consultation and the approval of the transaction by relevant market authorities. Advent International, along with the company’s management, now controls 90%

Money stack

argen-x raises EUR27.5 million (USD37 million) in oversubscribed series B round

arGEN-X, a biopharmaceutical company focused on the discovery and development of human monoclonal antibodies from its proprietary SIMPLE Antibody platform, has closed a EUR27.5 million (USD37 million) Series B fundraising round, which was oversubscribed. The fundraising was co-led by OrbiMed Advisors (USA) and Seventure Partners (France), with the existing shareholders

StepStone Group acquires Parish Capital

StepStone Group is to acquire the funds management business of Parish Capital Advisors, LLP (Parish Capital), a private equity investment manager with USD2 billion in assets under management. The acquisition is expected to close in January, 2012 and is subject to customary closing conditions. Terms of the transaction were not

ABS Group to acquire Safetec Nordic AS

ABS Group of Companies, Inc has entered into an agreement to acquire Safetec Nordic AS (Safetec), a provider of integrated risk and asset management services. The programs and services of Safetec will strengthen and expand those of ABS Consulting (a subsidiary of ABS Group). ABS believes that combining the talent

Milbank advises O3b Networks on expansion of broadband satellite project

International law firm Milbank, Tweed, Hadley & McCloy LLP represented O3b Networks in their USD137 million financing for a series of four additional satellites to support super-fast broadband connections to Africa and other emerging markets. The project has been described by the BBC as “one of the most ambitious commercial

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