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Arlington Capital Partners acquires TRP Infrastructure Services

Arlington Capital Partners (Arlington Capital), a Washington, DC-based private equity firm, in partnership with the existing management team and founders, has completed the acquisition of TRP Infrastructure Services (TRP). Founded in 2010 and headquartered in Fort Worth, Texas, TRP is a leading provider of safety-critical and highly regulated roadway marking

Phoenix Group sells Ark Life Assurance Company in EUR230m deal

Phoenix Group Holdings is to sell Ark Life Assurance Company DAC (Ark Life) to Irish Life Group Limited (Irish Life) for a total cash consideration of EUR230 million (GBP197 million). The cash consideration represents 0.91x Solvency II Own Funds and is payable on completion, expected by early 2022, subject to

OTB Ventures launches new USD60m fund to back European businesses

OTB Ventures, a venture capital firm investing in early-stage technology businesses with R&D in Central and Eastern Europe (CEE) and global potential, has launched the new OTB Growth Fund I.  The fund, totalling USD60 million, provides OTB Ventures with the capabilities to support its successful portfolio companies with additional follow-on

Jan De Nul signs third contract with Dogger Bank Wind Farm

Dogger Bank Wind Farm has signed a contract with Jan De Nul Group for the transport and installation of 87 GE Haliade-X 14 MW offshore wind turbines at the final Dogger Bank C phase of the project, located up to 200 km off the UK’s Yorkshire coast.  This third contract

Growth Catalyst Partners’ portfolio company TrueFire Studios acquires ArtistWorks

ArtistWorks has been acquired by Growth Catalyst Partners’ portfolio company TrueFire Studios, a consortium of major online music instruction companies.  The acquisition brings together leading names and pioneers in online music education – including ArtistWorks, TrueFire, JamPlay, and FaderPro – who together span dozens of genres and instruments while delivering

‘Emergency wi-fi’ firm raises further GBP500k

A fast-growing company that delivers high-speed internet connectivity to sites that lack the usual infrastructure has secured a further GBP500,000 investment from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. Trench Networks’ innovative device, Outpost, aggregates connections from all the major

Houlihan Lokey acquires Baylor Klein

Houlihan Lokey, a global investment bank, has acquired boutique advisory firm Baylor Klein as it continues to grow its Corporate Finance business in Europe. Founded in 2008 by Managing Director Tim Leach, Baylor Klein specialises in providing M&A and corporate finance advisory services to the multinational and independent owners of

Foresight invests GBP1.7m into Hexarad Group Limited

Foresight Group (Foresight), a private equity and infrastructure investment manager, has made a GBP1.7 million growth capital investment into Hexarad Group Limited (Hexarad), a high growth UK teleradiology company, as part of a GBP2.3 million funding round. Hexarad is an early stage, high growth healthcare technology company, providing teleradiology services

Buy it Direct Group acquires Outdoor Living

Buy it Direct Group, one of the UK’s largest online consumer goods retailers, has acquired hot tub and swim spa specialist, Outdoor Living, as part of its ongoing expansion strategy. Already home to a number of leading eCommerce brands, including Appliances Direct, Laptops Direct, Better Bathrooms and Furniture 123, Buy

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