Carewatch, the Lyceum Capital-backed provider of domiciliary care services, has strengthened its regional network with the acquisition of three businesses. It has purchased the Midlands-based homecare organisation All and Small as well as two current franchise businesses, Carewatch North Tyneside and Carewatch Swansea, with the mid-market growth investor’s support. These

Studio Moderna, an electronics and consumer products retailer in Central and Eastern Europe, has received a minority investment from a group of investors co-led by Insight Venture Partners and Templeton Strategic Emerging Markets Fund III. Among others, JH Partners joined the co-leads in the transaction. The funds were primarily used

Fund managers and others involved in the real estate private equity sector around the world expect further deterioration in commercial real estate prices throughout 2010 as unemployment leads to lower commercial occupancies and declining rents, a report from Ernst & Young’s real estate fund services practice in the US has

Law firm Dechert has advised private equity firm Capital Z Partners as the lead investor in the placing by Jelf Group of up to 27,713,939 new ordinary shares and 25,063,838 new non-voting convertible shares to raise approximately GBP19m before expenses. Cenkos Securities acted as broker to Jelf. The placing consists

A consortium led by Morgan Stanley Infrastructure has acquired a 44 per cent stake in power generation and engineering services firm Asian Genco for USD425m. Appleby acted as the Mauritius legal counsel to what is the biggest private equity transaction in India in almost two years. The deal, which also

Smart Kids Group, a provider of children’s digital education and entertainment, has entered into a drawdown equity finance agreement with Auctus Private Equity Fund of Boston. The USD10m equity line of credit will be used to protect and ensure the future development of Smart Kids’ TV productions and services to

During the first quarter of 2010, US private equity fundraising dipped to USD17.6bn raised by 97 funds, an eight per cent drop from the USD19.1bn raised by 75 funds during the same period last year, according to Dow Jones LP Source. When the most recent quarter’s totals are compared to

Aureos Capital’s Emerge Central America Growth Fund has acquired a 48 per cent stake in Adalta, a Costa Rica based company that specialises in the production of house and car cleaning products and insecticides. Adalta was created through a management buyout of a division of Corporación CEK, the Costa Rican

Private equity firm The Carlyle Group has raised USD1.1bn for its first financial services fund, Carlyle Global Financial Services Partners. The financial services team, which has made three investments to date, focuses on financial services companies around the world, including banks, insurance companies, asset managers and financial service providers.