PE Tech Report

Funds

The Carlyle Group acquires ITRS Group

Global alternative asset manager The Carlyle Group has acquired ITRS Group, a global provider of real-time monitoring systems for the world’s financial institutions, in partnership with its founders and management. Financial terms have not been disclosed.   ITRS is a fast-growing, multi-award winning technology provider, primarily focused on supplying the

Investec provides EUR15 million loan to F&C European Capital Partners

 Investec Specialist Bank’s (‘Investec’) Fund Finance team has provided a EUR15 million loan to F&C European Capital Partners LP (F&C), a private equity fund of funds focusing on the European mid-market of private equity including buyout, mezzanine and co-investments.   The three year loan facility is provided to the F&C

The Gores Group to acquire Alpheus Communications

Private equity firm The Gores Group, through an affiliate, has signed an agreement to acquire Alpheus Communications, one of the largest fibre network and data centre operators in Texas. he Gores Group intends to combine Alpheus with First Communications, an existing Gores portfolio company. Genesis Park, LP and El Paso

First Reserve Invests in Amromco Energy

Private investment firm First Reserve Corporation has made an investment in Amromco Energy, the largest and leading independent oil and gas producer in Romania. The investment is the first stage in First Reserve’s plans to build an oil and gas platform in the Central and Eastern European region.   Amromco

SPA Future Thinking acquires Essential Research

 SPA Future Thinking has acquired full-service market research consultancy Essential Research for an undisclosed sum.   Essential is a specialist in the media, communications, technology and entertainment sectors with a client portfolio that includes the BBC, Microsoft and O2. It offers a range of qualitative, quantitative and hybrid research methodologies

Palamon sells cadooz to strategic buyer, Euronet

Mid-market private equity firm Palamon Capital Partners has agreed the sale of cadooz AG to Nasdaq-listed strategic buyer, Euronet Worldwide (Euronet), a leading global electronic payments provider and distributor, headquartered in Leawood, Kansas, USA.  The details of the transaction were not disclosed.   cadooz, headquartered in Hamburg, is Germany’s largest

Summit Partners leads growth equity funding of PeerApp Ltd

PeerApp Ltd, a leading provider of transparent Internet caching and content delivery platforms, has closed a growth equity investment led by Summit Partners.   Also participating in the round are Cedar Fund, Evergreen Partners, Pilot House Ventures Group and existing investors in PeerApp. The funds will be used to accelerate

BV Investment Partners to sell Vision Communications to EATEL

BV Investment Partners has signed a definitive agreement to sell Vision Communications, a Louisiana based communications and broadband services provider, to EATEL.   Vision provides a comprehensive suite of residential and commercial communications services, including digital video, high-speed Internet, local and long distance telephone, alarm monitoring, and commercial data services.

ProVen Health VCT sells its investment in Onyx Scientific

ProVen Health VCT, managed by Beringea LLP, has sold its investment in Onyx Scientific in a transaction that valued the company at GBP4.6m.   Onyx Scientific provides a wide range of chemical services to the life sciences industry. In particular, its key focus is scaling up the synthesis of new

Peter Radford of Bordeaux, and John Le Prevost, Anson Principal

Anson-Bordeaux merger creates fund admin ‘powerhouse’

Two Guernsey firms are merging to create the largest independent fund administration business in the island. In the 50:50 deal, described as a merger of equals, Anson Fund Managers Limited and Bordeaux Services (Guernsey) Limited will join forces and trade under the Anson name. Peter Radford of Bordeaux, who will

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