Edison Partners has completed the sale of its stake in Billtrust, a payment cycle management specialist, to New York-based private equity firm W Capital Partners. The sale generated more than an 10x return for Edison, the first institutional investor in Billtrust. Additional financial terms of the sale were not disclosed.   Founded

Horizon Capital has exited its full stake in Ergopack, a Ukrainian manufacturer of household goods, to Sarantis, a European strategic investor and publicly-listed consumer goods company. Since Horizon Capital’s investment, Ergopack’s revenue has grown more than 15 times in local currency terms, the Company has launched an additional production facility

An Enterprise Investment Scheme that led to a world-first innovation in online learning has given investors a 75-times return on their money in a little over five years. The Par Syndicate, a business angel network established by Edinburgh-based venture capital firm Par Equity, acquired International Correspondence Schools in late 2012.

High Road Capital Partners has sold its portfolio company All Integrated Solutions (AIS) to MSC Industrial Supply Co, marking the sixth exit for the firm’s debut fund, High Road Capital Partners Fund I. The transaction closed on 30 April, 2018. Purchase price was approximately USD86 million.   Wisconsin-based AIS is

Investment firm Greenbriar Equity Group (Greenbriar) has sold Ryan Herco Flow Solutions (Ryan Herco) to SunSource Holdings (SunSource), a distributor of hydraulic and fluid control power products in the United States and Canada.  Terms of the transaction have not been disclosed.   Based in Burbank, California, Ryan Herco is a

Private investment firm Gridiron Capital has sold Motion Recruitment Partners (MRP), a provider of global recruitment solutions.  Headquartered in Boston, with services spanning 47 countries, Motion Recruitment is a leader in the talent acquisition industry. The company provides specialised IT staffing through its Jobspring Partners and Workbridge Associates businesses and

KPS Capital Partners (KPS) has signed a definitive agreement, through an affiliate, to sell Electrical Components International (ECI) to an affiliate of Cerberus Capital Management. Financial terms of the transaction have not been disclosed. ECI is the world’s leading manufacturer of wire harnesses, control boxes and value-added assembly services for

Omnes has made a partial exit from the French telecoms construction group Circet, through a sale to Advent International. Omnes initially invested in Circet in February 2017 and continues to support the number one French firm specialising in the construction and maintenance of telecommunications infrastructure.   Omnes generated an IRR

BGF has exited its minority investment in Brownhills Glass, an independent UK’s glass merchant and processor. BGF invested GBP2.9 million in the Walsall-headquartered company in 2015 to support the acquisition of Durham-based Peterlee Glass, helping extend its presence into the North East. The funding has also supported investment in a