FORWARD FEATURES CALENDAR

Deals

Oxwash secures additional GBP2.08m in funding

Oxwash, the UK-based green laundry startup backed by Twitter co-founder Biz Stone has raised GBP2.08 million (USD3 million) in seed expansion investment, to clean up the traditional and environmentally costly washing and dry cleaning sector with its space-age technology.

KKR invests USD625m for controlling stake in Vini Cosmetics

Darshan Patel, Chairman & Joint-Managing Director, and Dipam Patel, Joint-Managing Director of Indian personal care and beauty products company Vini Cosmetics, and Sequoia Capital, are to sell a majority stake in the Company to KKR for approximately USD625 million. The Co-Founders will continue to hold a significant stake in Vini

LDC invests GBP13m in Hybrid

Mid-market private equity firm LDC has invested GBP13 million in digital media company Hybrid. LDC’s investment will support Hybrid’s existing management team to grow and develop the business organically and explore targeted acquisitions.

Adenia acquires distributor of electrical and solar equipment in South Africa

Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a leading distributor of low-voltage electrical products and solar products in South Africa. Financial terms of the transaction have not been disclosed. Established in 1964, Herholdt’s operates in Bloemfontein, Kimberley and George, and has

Inflexion acquires cloud specialist ANS

Inflexion has acquired ANS, a provider of digital transformation and cloud managed services. ANS and existing Inflexion investment UKFast will be brought together under one parent group to address the rapid market growth opportunity for digital and cloud services. The group will combine ANS’s public cloud, DevOps, applications and data

Private equity company closes GBP4.3m fundraise for premium bar group

Private equity investment firm Growthdeck has closed a GBP4.3 million fundraise for the new bar group Maven Leisure, completing the investment firm’s largest single raise. Maven Leisure is looking to open at least seven premium bars in central London supported by this funding. The fundraise has been structured as GBP2.3

Dubin Clark’s AWHAP acquires Temperature Control

Affordable Water Heaters and Plumbing (AWHAP), a portfolio company of private equity firm Dubin Clark, has completed the acquisition of Temperature Control, Inc. Financial terms of the transaction have not been disclosed. AWHAP, headquartered in Valencia, California, is a leading in-home provider of water heater and plumbing services, including same-day

BGF successfully exits investment in Cennox

BGF has exited its investment in Cennox – a provider of services to the ATM sector. The business has been acquired by US-based investment firm, York Capital.  BGF first invested GBP3 million in Cennox in June 2012 and subsequently put in three follow-on rounds into the business, taking total investment

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