Gladstone Investment Corporation has sold its equity interest and pre-payed its debt investment in Behrens Manufacturing (Behrens) to private equity firm, Mill City Capital.  As a result of this transaction, Gladstone Investment realised a significant capital gain on its equity investment. Behrens, headquartered in Winona, MN, is the leading manufacturer

Buy-out firm KRG Capital Partners has completed the sale of Ansira Partners, a data-driven, technology-enabled marketing solutions provider, to Advent International. Financial terms have not been disclosed.   Bruce Rogers, managing director at KRG, says: “I’d like to congratulate Martin Reidy and the entire Ansira management team for their superb

Equistone Partners Europe and the managing shareholders of Finizy/Meilleurtaux.com have entered into exclusive negotiations with Goldman Sachs for the disposal of their majority stake in the business. Finizy Group and its principle company Meilleurtaux.com, a broker and comparison service for bank loans, insurance and other financial services in the French

Salvepar is to sell its stake in Ecotel Chomette Favor (ECF) to Naxicap Partners. Salvepar invested in ECF in 2011 alongside Weinberg Capital Partners and the company’s management team led by Thierry Drecq.   ECF is specialist in the distribution of equipment and non-food supplies for hotel and restaurant professionals.

Law firm White & Case has advised The Smithfield Group, managing shareholder of Innovia Group, on the CAD1.13 billion (EUR810 million) sale of Innovia to CCL Industries. Innovia is a specialist in polymer banknotes and the producer of the UK’s new GBP5 note, which caused controversy when it was revealed

LeapFrog Investments has sold part of its stake in IFMR Capital to Standard Chartered Private Equity. The exit comes on the heels of a similar sale by LeapFrog to Fidelity’s Eight Road Ventures in November.   Standard Chartered intends to invest up to USD50 million, with the first tranche of

Global investment bank GCA Altium has advised Piper and the company founders on the sale of Loungers, the UK café-bar and restaurant group, to Lion Capital in a deal worth GBP137 million. This marks GCA Altium’s 35th transaction in the consumer and retail space since 2014, adding to deals such

Advent International has agreed to sell its 93.29 per cent interest in Devin, a producer and distributor of bottled water in Bulgaria, to Spadel, a European family-owned company specialising in the production of natural mineral water, spring water and natural fruit drinks. The transaction values Devin at a EUR120 million

Caledonia Investments has agreed terms for the sale of Park Holidays UK, the UK's third largest holiday park operator, to Tiger Bidco, a special purpose vehicle incorporated by Intermediate Capital Group (ICG), for a headline enterprise value of GBP362 million. Caledonia will receive GBP197 million in cash, net of fees,

Investment funds affiliated with Lightyear Capital, a New York-based private equity firm focused on financial services investing, are to sell RidgeWorth Holdings, the holding company for multi-boutique asset manager RidgeWorth Capital Management, to Virtus Investment Partners for USD472 million. The transaction is not subject to financing and is subject to