Propel Equity Partners, a private equity firm focused on investing and creating value in consumer brands, has acquired substantially all of the assets of Summit Products. The assets of Summit Products, which include Backyard Safari, Zillionz, Covert Force, Test Pilot and Stink Bugzzz brands, will be incorporated into the Alex
MBA & Company has raised GBP800,000 from existing investors MMC Ventures and Piton Capital, taking the company’s total funding to over GBP2m. MBA & Company’s service is an alternative to traditional hiring of interims and consultancies, by providing a marketplace that connects businesses of all sizes to a vetted pool
PlaySight Interactive has completed a USD3.5 million investment round from high-profile private investors including Novak Djokovic, Billie-Jean King and Wall Street legend Bill Ackman alongside D5 Capital. The new capital will fund a global roll-out of PlaySight’s SmartCourt technology for recreational and elite tennis, as well as research and development
Actis, the pan-emerging market investor, has realised its investment in Egypt’s Commercial International Bank (CIB). Actis has sold its remaining 6.5 per cent to add to the 2.6 per cent sold to international investors in March 2014. Actis invested in CIB in July 2009 in a transaction that made
Private equity firm Actis has sold a substantial stake of Ugandan electricity distributor Umeme Ltd for USD85.5 million. The shares were bought by over 20 new and existing blue-chip institutional investors in a heavily oversubscribed secondary offer through the Uganda Securities Exchange (USE) and the Nairobi Stock Exchange (NSE).
International law firm Cleary Gottlieb Steen & Hamilton is representing Fintech Advisory and BTG Pactual Europe in the acquisition of a 6.5 per cent stake in Banca Monte dei Paschi di Siena from Fondazione MPS, which maintains a 2.5 per cent stake. This is the first time non-EU funds have
Total offshore deal value increased by 79 per cent in the first quarter of 2014 when compared to the same period last year and was the highest it’s been since the end of 2012, according to a report released by Appleby. Considering the first quarter of the year is historically
Private equity-backed Oasis Healthcare has strengthened its position as the UK’s largest provider of private dental care and a major provider to the NHS with the acquisition of Apex Dental Care for an undisclosed sum. The deal closely follows the acquisition of Smiles Dental in April 2014. The additions
Ingenious Clean Energy, a division of UK investment and advisory group Ingenious, has completed the financing of a GBP27m portfolio of three solar parks, including a GBP15m loan from Barclays. The solar parks are in Somerset, Dorset and Hampshire and are owned by three companies in the Ingenious Renewable Energy
Darden Restaurants has agreed to sell its Red Lobster business and certain other related assets and assumed liabilities to Golden Gate Capital for USD2.1 billion in cash. Darden expects to receive net cash proceeds, after tax and transaction costs, of approximately USD1.6 billion, of which approximately USD1.0 billion will
12 November, 2026 – 5:00 pm
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12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
