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Funds

British Business Bank Investments agrees GBP25m facility with Haydock Finance

British Business Bank Investments, the commercial arm of the British Business Bank, has agreed to provide a GBP25 million facility to UK independent leasing company Haydock Finance. The three-year funding commitment is structured as a block discounting facility and is part of the Bank’s Investment Programme, which has now committed

Wynnchurch Capital acquires Texas Hydraulics

Private equity firm Wynnchurch Capital has acquired Texas Hydraulics, a manufacturer of highly engineered, custom-designed hydraulic cylinders, swivels and related components for mobile equipment applications, from Dover Corporation. Founded in 1968, and headquartered in Temple, TX, Texas Hydraulics provides front-end design solutions for the most challenging applications in a diverse

Orion Labs raises USD9m from Avalon Ventures and Motorola Solutions Venture Capital

Orion Labs has secured USD9 million in new financing from Avalon Ventures and Motorola Solutions Venture Capital. Orion creates group voice communication accessories that bring people together across any distance. Its accessories incorporate the best features of two-way radios and group messaging, bringing simplicity and style to anyone who needs

Advantage Capital Agribusiness Partners makes follow-on investment in American Botanicals

Advantage Capital Agribusiness Partners has made a second investment in American Botanicals, a Missouri-based supplier of bulk herbs and botanical products, to help fund the acquisition of Aloha Medicinals, a biotechnology company focused on medicinal mushroom production. American Botanicals buys, processes, sells and exports hundreds of roots, herbs, barks, berries

KKR invests in Max Financial Services

KKR has acquired an approximate 9.95 per cent stake in Max Financial Services, the newly demerged entity of the Max Group that owns an approximate 72 per cent stake in Max Life, India’s fourth-largest private life insurance player. KKR acquired its stake from a sponsor group led by Analjit Singh,

Sertec secures GBP20m funding package from BGF and Lloyds Bank

Sertec Group Holdings, a manufacturer of stampings and welded assemblies, has secured a GBP20 million funding package from BGF (Business Growth Fund) and Lloyds Bank Commercial Banking to support the management team’s continuing expansion plans for the 54 year old business. The Coleshill headquartered manufacturer is a key supplier partner

BDC Capital launches IT Venture Fund II

BDC Capital has launched IT Venture Fund II, a new CAD150 million venture capital fund for the Canadian information technology (IT) sector. This second fund brings the amount under management by the BDC Capital IT Venture Fund group to CAD300 million, all of which is helping to build and support

Shamrock Capital Advisors closes USD700m private equity fund

Shamrock Capital Advisors has held final the final closing of Shamrock Capital Growth Fund IV, a USD700 million fund focused on providing buyout and growth capital investments in companies within the media, entertainment and communications industries. This marks the fourth such fund raised and managed by Shamrock focusing on these

Carey Olsen advises Falcon Acquisitions Limited on IPO

Lawyers from Carey Olsen's Guernsey corporate team have advised Falcon Acquisitions Limited on its admission to the Official List of the UK Listing Authority (by way of a standard listing) and to trading on the Main Market of the London Stock Exchange for listed securities. Falcon Acquisitions is a special

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