Wermuth Asset Management’s (WAM) Greater Europe Deep Value Fund SPV has exited it investment in National Recovery Service (NRS), a debt collection service provider based in Russia and Eastern Europe. The investment generated a return of 3.2x on capital invested and an IRR of 17 per cent. NRS services 450

Praesidian Capital, a leading provider of debt capital for small and mid-sized businesses, has exited its USD17.4 million first lien debt investment in John’s Incredible Pizza Company. “Praesidian was a terrific partner for John’s,” says John Parlet (pictured), John’s CEO and founder. “Their participation came at the right time to

UK private equity house Maven Capital Partners has achieved a 7.1x total return multiple on exit from Newhaven based point-of-sale (POS) cash management specialist Cash Bases Limited, following its merger with US company APG Cash Drawer (APG). Maven clients funded the MBO of Cash Bases in 2004, and the Maven

European private equity firm Cinven has exited its investment in Avolon following completion of the acquisition of the international aircraft leasing company by Bohai Leasing Co, the Chinese leasing business and part of HNA Group, for USD7.6 billion.  Bohai and Avolon have reached a definitive merger agreement at a price

Mid-market private equity house LDC has exited its investment in oil and gas engineering business Bifold Group to Rotork. Bifold is a designer, manufacturer and distributor of valves and pumps to the oil and gas sector with sites in Manchester and Taunton, as well as Houston and Singapore. The GBP125m transaction

Centaur Private Equity has successfully exited its venture capital investment in Sport Events International Ltd (SEI). SEI is the holding company of a series of sports based event companies including; Global Legends Series, which brings together a group of legendary football players from around the world to play against each

BaltCap has sold its 48 per cent shareholding in the Latvian moulded fibre manufacturing company VLT Ltd. BaltCap invested in the company back in 2004 to finance two rounds of expansion of production capacity. While post crisis economic environment proved challenging to sustain growth of the company, the moulded fibre

Actis has sold its majority shareholding investment in Mouka Limited (Mouka), a Nigerian mattress brand, to Abraaj, a private equity investor. Financial details of the transaction have not been disclosed. Mouka manufactures foam spring mattresses, polyurethane blocks, pillows and furniture for consumers in West Africa. Actis invested in 2007 and

In the first six months of 2015, Israeli high-tech exit activity accelerated, garnering USD5.29 billion in 54 deals – nearly 76 per cent of the total proceeds from exits in all of 2014, with 107 deals totalling USD6.98 billion, and 80 per cent of USD6.62 billion in 91 exits in