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Intelligence

Bestport Private Equity completes sale of Oracle Care & Education

Bestport Private Equity (Bestport) has sold Oracle Care & Education Holdings Limited (Oracle).  The deal is the latest for the Bestport LP Fund and generated a return of 3.3x the investment. Headquartered in Congleton, Cheshire and Silsoe, Bedfordshire, Oracle provides high-quality bespoke packages of care, education and therapy for young people

FLX Distribution raises USD2.5m in over subscribed seed round

FLX Distribution has closed a USD2.5 million seed round, named two leading industry executives to its new Board of Directors, and added to its existing Advisory Board. â€œThe FLX vision of a new model of distributing investment offerings to wealth managers and financial advisors is a reality as we welcome new

Stadium de Toulouse

RedBird Capital Partners acquires 85 per cent stake in Toulouse FC

RedBird Capital Partners has entered into a definitive agreement with Toulouse FC to acquire an 85 per cent majority stake in the French Ligue 2 football club.  Toulouse FC was relegated, along with Amiens, from the top tier of French football in April when clubs voted to end the season early due to the

Nairobi, Kenya

Vital Capital teams up with USAID to finance businesses in Kenya  

Vital Capital has partnered up with the US Government’s Kenya Investment Mechanism to provide funding to Kenyan agri-businesses that have been affected by the Covid-19 pandemic. Vital Capital is an impact investment private equity fund focused on companies in sub-Saharan Africa. “We are excited to launch this major collaboration to

AnaCap and GED agree GTT deal

GED Capital (GED), an independent private equity group specialised in the Spanish lower mid- market, and Oquendo Capital, a firm that specialises in flexible capital and private debt for Spanish lower mid-market companies, have reached an agreement on the terms of a sale of Gestión Tributaria Territorial (GTT) to AnaCap

Online video meeting

Finance professionals not keen on getting back into the office

London-based financial firms appear to be in no rush to have the majority of their staff back in the office, according to new research by Theta Financial Reporting. Only 800 of Goldman Sachs’s 6,000 London staff have returned, while fewer than 2,000 of the 12,000 at JP Morgan are back in the office,

Thoma Bravo to acquire Majesco

Software and technology-focused private equity investor Thoma Bravo is to acquire Majesco, a provider of cloud insurance software solutions for insurance businesses, in a deal valuing the company at USD594 million. Following the closing of the transaction, Majesco will operate as a privately held company. Under the terms of the agreement,

Roslin Technologies invests in insect farming technology firm Protenga

Roslin Technologies, the UK’s specialist AgriTech venture builder, has invested in Singapore-based Protenga, a business which farms black soldier fly insects to produce animal feed and fertiliser. As part of Roslin Technologies’ ambitious programme, a bespoke genetic nucleus facility is being built near its HQ, which will focus on applying enhanced

CEPRES appoints Tony Chung as Chief Business Development Officer

CEPRES has appointed Tony Chung as Chief Business Development Officer. In this role, he will be responsible for all aspects of business development for CEPRES’ core products and for further expanding CEPRES’ market penetration as a fast growing and innovative Private Equity Fintech Company. 

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