AGCO, Your Agriculture Company, a manufacturer and distributor of agricultural equipment, has agreed to acquire Sparex and its trading subsidiaries from Rubicon Partners Industries for GBP53m. Sparex is a distributor of accessories and tractor replacement parts serving the agricultural aftermarket. Headquartered in Exeter, UK, Sparex has operations in 17 countries

Macfarlanes has advised Azini Capital Partners on the formation of Azini 2, a USD100m fund which has been backed by Lexington Partners, a manager of secondary private equity and co-investment funds.    The fund has acquired two partnerships from Apax Partners. The two partnerships own interests in 16 technology companies in

The Isle of Man has launched a new private equity proposition which offers opportunities for the establishment of a private equity fund set up as a specialist fund. This fund will have fees levied by Isle of Man based fund administrators and investment managers which would be exempt from VAT

Private equity investments by number of companies has increased worldwide for the fifth consecutive quarter, up six per cent from Q2 2010 and the highest number of companies since Q4 2008, according to research by Thomson Reuters. Asia is the only region which has seen a quarterly decline, down 14

Eurazeo saw a growth in consolidated revenues of 5.2 per cent on a comparable basis for the third quarter to EUR1,094.8m. This compares to growth of 2.2 per cent in the first quarter and 3.2 per cent in the second quarter. Revenues for first nine months totalled EUR2,987.8m, an increase

IK Investment Partners, a pan-European private equity firm, has agreed to acquire EPiServer Group from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees.    EPiServer is a provider of platforms that drive online engagement with revenues of SEK192m in 2009. Financials for the deal

A new endorsement from the Chubb Group of Insurance Companies aims to provide venture capital and private equity firms with enhanced insurance coverage that addresses the evolving regulatory and economic environments and increasingly complex deal structures. The endorsement is an enhancement to Chubb’s Venture Capital Asset Protection policy, which covers

Venture capitalist Joe Hudson and agricultural asset manager Phil Christensen are taking several investors on a Central Valley tour to introduce them to what makes California agriculture a USD30bn industry and educate them about agricultural related companies as potential investments. Christensen says: "California is the world’s fifth largest supplier of

Vivacta, a medical diagnostics company, has closed a GBP4m financing round. The current shareholders, HBM BioVentures, IDInvest Partners (formerly AGF Private Equity), Spark Ventures and Viking, all participated in the round. Vivacta’s piezofilm technology platform enables the development of a new generation of near-patient diagnostic products achieving high sensitivity and

The Enterprise Development Corporation of South Florida, a non-profit organisation specialising in providing business development services to emerging science and technology companies, has revealed that jobsite123.com is among the 14 finalists to do a three-minute on-stage presentation at the 13th Annual Emerging Technology Business Showcase. ETBS is South Florida’s annual