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Peter Hughes, Apex Fund Services

Apex closes USD40 million debt investment

Apex Fund Services has closed a USD40 million credit facility with global credit investment firm Highbridge Principal Strategies. Peter Hughes (pictured), founder and chief executive officer, Apex Fund Services, says: “The completion of this investment further strengthens Apex’s ability to continue its expansion on a global scale. I am delighted

Sunshine Heart acquires Aquadex product line

Sunshine Heart has acquired the Aquadex product line from an indirect subsidiary of Baxter International, a specialist in the hospital products and dialysis markets. The Aquadex system is indicated for temporary (up to eight hours) ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy, and extended (longer

Investcorp sells Tyrrells

Investcorp is selling Crisps Topco Limited (Tyrrells) to Amplify Snack Brands for an enterprise value of GBP300 million. Founded at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is a manufacturer of hand-cooked potato and vegetable crisps, popcorn and other savoury snacks.    Tyrrells has built on the brand strength of

The Scottish Loan Fund and Maven exit investment in Spaceright Europe

The Scottish Loan Fund (SLF) and Maven have exited their investment in Cumbernauld-based Spaceright Europe, a manufacturer and supplier of furniture, presentation products, toys and activity equipment for the education sector. Spaceright’s range of products is used in nurseries, schools and universities throughout the UK.   Since its original investment

StepStone Infrastructure and Real Assets Group completes integration

The expanded StepStone Infrastructure and Real Assets Group (SIRA) is now fully integrated into private markets asset management and advisory firm StepStone Group and is actively conducting business for the company’s clients. In May, StepStone announced that KPMG’s infrastructure and real assets investment advisory team would join StepStone. SIRA’s more

The Food Revolution Group to sell NZ business as part of AUD17m deal

The Food Revolution Group is to sell its New Zealand-based business and bioactive intellectual property and lease its LangTech Citrus (LTC) assets to Singaporean company Gravity Solutions Global (GSG), in a deal worth more than AUD17 million over 10 years. FOD chief executive Bill Nikolovski says the deal will allow

Partners Group to acquire Systems Maintenance Services

Partners Group is to acquire global IT support services provider Systems Maintenance Services (SMS) on behalf of its clients. SMS is being sold by funds affiliated with Thomas H Lee Partners (THL) and Summit Partners.   The terms of the transaction, which is subject to regulatory approval, have not been

CVC Credit Partners acquires Northport Capital from Resource Capital

CVC Credit Partners has acquired Northport Capital TRS (Northport) from Resource Capital Corp througgh a partnership managed by CVC Credit Partners, supported by a fund advised by Coller Capital.  This will increase assets under management in CVC Credit Partners’ global direct lending strategy to approximately USD1 billion and complement its

WFW advises Nordwind Capital on venture capital investment in Iranian start-up

Law firm Watson Farley & Williams (WFW) has advised a group of German investors, led by Nordwind Capital (Nordwind) and Dr Hans Albrecht, on their participation in Iranian start-up ChapAgha.com.  WFW advised Nordwind and its fellow investors on the drafting and signing of the participation agreement, as well as on

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