Private equity firm The Jordan Company has signed a definitive agreement for The Resolute Funds I and II to sell HGI Holdings, a mail order distributor of medical supplies serving chronic disease patients.  The company is being acquired by private equity firms Clayton Dubilier & Rice and GS Capital Partners. 

Private equity firm Riverside has completed its first deal in Spain with the acquisition of Celvitae, a private cord blood bank. Celvitae has been acquired by Riverside Europe Fund IV as an add-on to Crioestaminal Group. Founded in 2007, Celvitae is licensed by the General Directorate for Regulation and Inspection

Funds advised by BC Partners and Lion Capital have reached an agreement whereby Lion Capital has been granted a period of exclusivity for the purposes of reaching a definitive agreement for Picard with BC Partners. The communication and consultation process with employee representatives is expected to start before the end

Accel-KKR, a technology-focused private equity investment firm, has reached a definitive agreement to sell iTradeNetwork, a provider of supply chain management software and business intelligence solutions to the food industry, to Roper Industries for USD525m in cash. iTradeNetwork’s solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers to reduce cost,

Buyouts drove the momentum in the European private equity market in the first half of 2010, with activity levels rising 56 per cent to 167 deals from 107 deals in the first half of 2009, a report by Candover shows. In value terms, buyouts quadrupled to EUR20.7bn in H1 2010,

Graphite Capital, a UK mid-market private equity firm, is backing the GBP45m management buyout of Teaching Personnel, the UK’s third largest provider of supply teachers and support staff to schools, from private equity managers RJD Partners. Graphite and the Teaching Personnel management team plan to develop the business through a

Augmentum Capital, a growth capital fund backed by RIT Capital Partners, and Revere Capital Advisors have made an investment in SRL Global, a technology partner to pension funds, insurance companies, endowments and large family offices. Augmentum and Revere led a GBP7.5m funding round in the company in exchange for an

Emerging Capital Partners, a private equity firm focused on investing across the African continent, has held the final close of its ECP Africa Fund III PCC with total commitments of over USD613m. Africa Fund III, one of the largest funds ever raised for investment across the African continent, marks the