Celtic Pharmaceutical, a private equity firm focused on the biotechnology and pharmaceutical industries, has enroled the first patient into its Phase III trial of TDT 067, terbinafine in Transfersomes, for the topical treatment of onychomycosis or fungal nail infection.   The trial is a three-arm, double-blind study to be conducted in

High Street Partners, a provider of business services, has completed a USD6m series B round of financing led by institutional venture capital investor Sigma Partners. The funding round also included Baird Venture Partners and existing investor SVB Financial Group. High Street Partners will use the proceeds to accelerate development of

Abterra, a company listed on the Singapore Exchange, has entered into a supplemental agreement with YA Global Master SPV, a fund managed by Yorkville Advisors, in connection with the equity line facility agreement dated 17 February, to increase the maximum investment amount from SGD20m to SGD50m.  In addition, YA Global

Akeida Capital Management’s Blue Lake Power Biomass Facility in California has been certified for commercial operation by Pacific Gas & Electric after the successful completion of its trial period.  Akeida provided a senior secured credit facility to complete the plant’s refurbishment, commission the plant, provide working capital and build fuel

Private equity firm Oak Hill Capital Partners has entered into a definitive agreement to acquire Dave & Buster’s from Wellspring Capital Management. Oak Hill Capital is investing in partnership with Dave & Buster’s current management team, led by chief executive Steve King. The aggregate value of the transaction is approximately

The Boost Investment Group, owners of Boost Juice Bars and Salsa’s Fresh Mex Grill, has finalised an agreement for US-based private equity firm Riverside to acquire a majority stake in the firm. Boost Juice Bars was started by Janine and Jeff Allis in 2000 and has expanded from one juice

Arsenal Capital Partners, a New York-based private equity firm, has completed the sale of portfolio company Genovique Specialties, a provider of benzoate plasticizers, to Eastman Chemical. To build Genovique, Arsenal acquired Velsicol Chemical in 2005 and since that time separated portions of its product lines into niche businesses. The business

Carbon reduction managing agent Climate Energy has entered into an agreement to acquire Creative Environmental Networks for an undisclosed sum. Creative Environmental Networks delivers a range of services to engage householders, businesses and communities in environmental and social improvement. Andrew Holmes, Climate Energy’s managing director, will fill the position of

The Royal Bank of Scotland has recommended JP Morgan Private Equity in its weekly research publication covering alternative investment funds. JP Morgan Private Equity announced its first quarter results this week, which showed its net asset value increased 4.7 per cent over the three months to 31 March. Greg Getschow,