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Intelligence

FRP Advisory secures investment for tech-enabled conveyancing business

A provider of tech-enabled conveyancing services has secured a significant investment from private equity investors, Livingbridge, in a deal that will support its future growth. Simply Conveyancing Property Lawyers, founded in 2000 by Ashley and Susan King, has become one of the fastest growing conveyancing companies in the UK. It

Eversheds Sutherland adds M&A partner in Chicago office

Eversheds Sutherland has appointed Stacey T Kern as a partner in the M&A and Private Capital teams within the firm’s Corporate Practice Group. Kern will be based in Eversheds Sutherland’s Chicago office, which opened in May. “As we continue to build in Chicago, we are excited to welcome Stacey to

Two Six Capital advises Baring Private Equity Asia on acquisition of Acuon Capital

Two Six Capital, a technology-enabled firm that has pioneered data science for private equity, has advised Baring Private Equity Asia (BPEA) on the acquisition of Acuon Capital, a South Korea-based consumer finance and leasing company. To harness the power of data science, Two Six Capital combines large scale engineering, statistics

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DFG Investment Advisers appoints new Partner

Alternative credit asset manager DFG Investment Advisers (DFG has promoted Timothy Milton to Partner. Since joining the firm in 2014, Milton has been responsible for the management of the Vibrant Capital CLO platform in his capacity as Co-Portfolio Manager. In addition, Eduardo Cabral has joined DFG’s credit research team as

LDC adds to South West and Wales team

Mid-market private equity investor, LDC, has strengthened its South West & Wales team, based in Bristol, with the appointment of a new Investment Director, Stefan Gunn. Gunn joins LDC’s team from NatWest, bringing more than 15 years of relevant experience to the firm.   In his new role, Gunn will

Veritas Capital-backed Guidehouse to acquire Navigant Consulting for USD1.1 billion

Guidehouse, a portfolio company of Veritas Capital (Veritas) and leading provider of management consulting services to government clients, is to acquire Navigant Consulting in a transaction valued at approximately USD1.1 billion. Under the terms of the agreement, Navigant shareholders will receive USD28 in cash per share. The per share purchase

Pamplona Capital Management acquires Loparex

Pamplona Capital Management (Pamplona) has completed its acquisition of Loparex from funds managed by Intermediate Capital Group (ICG), alongside members of the company’s leadership team, who remain committed to supporting the long-term growth of Loparex’s customers.  Simon Medley will continue to serve as CEO.   Loparex is the leading global

Orrick advises Kinnevik and Vostok on Babylon’s record USD500m fund raise

Orrick has advised Kinnevik and Vostok New Ventures on digital health startup Babylon’s Series C investment round, which will raise up to USD500 million. The round makes Babylon the UK’s newest unicorn with the company now valued at USD2 billion.  The financing is the largest ever European digital health raise,

O’Melveny advises Honeywell on investment in Canadian robotics company Attabotics

O’Melveny has represented Honeywell in a USD25 million Series B investment in Attabotics, the world’s first 3D robotics supply chain system for modern ecommerce. Honeywell was joined in the investment by Coature, Comcast Ventures, Forerunner Ventures, and Werklund Growth Fund.  The new funding will go toward supporting Attabotics’ continued, explosive

KKR to acquire majority stake in German fintech heidelpay from AnaCap

Private investment firm KKR is to acquire a majority shareholding in the heidelpay from AnaCap Partners, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.  Founded in 2003, heidelpay is a leading full-service payment provider that offers a complete range of payment processing

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