Energy price risk management company Encore International has been sold for GBP6.25m to McKinnon & Clarke, an energy procurement and compliance specialist headquartered in Edinburgh. McKinnon & Clarke is a portfolio company of private equity business Lyceum Capital. The enlarged business will be re-named M&C Energy Group on 1 July.

Law firm Carey Olsen has acted for Sandpiper in the sale of five supermarkets to Waitrose. The shops, three in Jersey and two in Guernsey, will be operated by Sandpiper CI under licence following completion of the deal, which is expected in October, and subject to regulatory authority approval until

Xzeres Wind has completed an equity financing of USD4,010,500 in a private placement of 4,010,500 shares (USD1.00 per share) to a group of institutional investors and high net worth individuals. Each purchaser of common stock received warrants to purchase additional shares in an amount equal to 35 per cent of

GetJar, the world’s second largest app store, has closed USD11m in series B funding from Accel Partners. The company plans to apply the new capital to developing its consumer facing sites (GetJar.com and m.getjar.com) and its customer solutions such as Pay-Per-Download, App Download Page and App Catalogue Express in order

LGT Capital Partners has held the final close of Crown Global Secondaries II, its second global secondary fund, with total subscriptions of USD1.2bn. The programme’s investor base includes government pension funds, corporate pension funds, insurance companies, endowments and foundations from Australia, Bahrain, Canada, Denmark, Finland, Germany, Iceland, Japan, Kuwait, Malaysia,

Vision and fundraising are more important skills for chief executives today, according to a study of venture capital-backed company leadership by executive search consulting firm Spencer Stuart and the National Venture Capital Association. Vision ranked fourth among important chief executive skills in 2010, but only seventh in the 2001 study.

Credit Agricole Egypt has agreed to invest USD5m in Beltone Midcap Management’s new midcap fund. This new fund was initiated to provide support and help in developing the small and medium enterprises sector in Egypt. Beltone Private Equity was established in 2006 to capitalise on the unprecedented changes taking place

Dunedin, the UK mid-market private equity house, has invested in the secondary buyout of Weldex in a deal which values Weldex at over GBP100m enterprise value. Dunedin has backed the existing owners, Dougie McGilvray and his family, to continue their expansion of the business.    Weldex, the largest crawler crane

Wheb Ventures, a European clean technology private equity firm, has invested EUR4.4m in the German company VIA Optronics, becoming a co-investor with BayBG which was an existing shareholder. VIA Optronics supplies energy saving LCD displays for products such as handheld devices, laptops, televisions, and industrial devices.   The products of