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Intelligence

DC Advisory makes eight new hires in Manchester

DC Advisory has doubled its team in Northern England with the addition of eight new hires in the last 12 months into its Manchester office. New hires include Anthony Greensmith as Vice Chairman (previously of Montagu Private Equity), Andrew Claymore as Managing Director of Financial Services in the UK, Rob

Beechbrook adds to UK origination team

SME direct lender Beechbrook Capital has appointed Paul Whitehouse as investment director to head up deal origination and execution activity across the Midlands. With over 30 years’ experience, Whitehouse joins from Lloyds Banking Group, where he spent the last two decades focusing on corporate and leveraged finance transactions across the

Mubadala launches MENA tech investment vehicles

Mubadala Capital has launched its first MENA-focused tech investment funds. With a total of USD250 million (AED 918 million), the Mubadala MENA tech funds will capitalise on the  growing  startup scene in in the region while empowering tech talent in the Emirates and across the wider region. The funds will

AMP Capital acquires cloud and data centre service provider

Global investment manager AMP Capital has agreed to acquire Expedient (Continental Broadband,), a leading US provider of cloud computing and data centre services, from Landmark Media. Expedient offers an integrated suite of colocation, cloud, managed services and network access products to a highly diverse base of over 1,200 customers. The

One Equity Partners completes carve-out of ORS MEDCO

Middle-market private equity firm One Equity Partners (OEP) has completed the acquisition of ORS MEDCO, a wholesaler of maintenance and repair focused non-discretionary and consumable industrial and automotive aftermarket products, from Essendant. in a corporate carve-out transaction. Financial terms of the transaction have not been disclosed.   Headquartered in Deerfield,

Ohilip Pirecki, Jersey Finance

Jersey Finance launches New York office

Jersey Finance has formally opened its new office in New York as the jurisdiction looks to enhance its visibility in the US and promote its proposition as a gateway to Europe for US alternative fund managers. The office was officially launched at an event held at The Peninsula New York

Toscafund invests EUR25m in Lemon Way

Pan-European payment processor, Lemon Way has secured a EUR25 million investment from London-based specialist financial services investor, Toscafund Asset Management (Toscafund). The transaction is Toscafund’s first private equity investment in France.   Lemon Way is a Paris-based regulated payment institution focusing on marketplaces, crowdfunding platforms and e-comerce websites that require

WBB completes acquisition of BRTRC Federal Solutions

Whitney, Bradley & Brown (WBB), a portfolio company of HIG Capital (HIG), a global private equity investment firm with over USD34 billion of equity capital under management, has acquired BRTRC Federal Solutions (BRTRC). Headquartered in Vienna, Virginia, BRTRC is a provider of support services across the Army and other US

Sverica Capital Management makes two promotions

Sverica Capital Management, a growth-orientated private equity firm focused on the lower middle market, has promoted Ryan Harstad and Gregg Osenkowski to the position of Partner, effective immediately. With over 11 years of experience in the private equity space, Harstad joined the Sverica San Francisco office 2011. He focuses on

Endless acquires Victoria Plum

Endless, a private equity investor, has acquired Victoria Plum from TPG Capital. Founded in 2001, Victoria Plum provides a range of predominantly own-branded bathroom products, including bathroom suites, bathroom furniture and accessories. Victoria Plum currently employs more than 300 people and the investment from Endless will support the online bathroom

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