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Intelligence

MTN Capital Partners appoints Director of Business Development

Private equity firm MTN Capital Partners has appointed Terrance Kennedy as Director of Business Development. In this role, Kennedy will be responsible for sourcing potential investment opportunities from investment banks and other intermediaries as well as MTN Capital’s proprietary group of senior executives. Kennedy was previously a Senior Associate on

FRP Advisory makes double partner hire

Specialist business advisory firm FRP Advisory has strengthened its debt advisory and forensic services practices with two partner appointments based in its London office. Tom Cox and Nishad Morjaria bring the firm partner total to 50, collectively bringing almost 35 years’ advisory experience to the business. Cox has joined the

Carey Olsen is top TISE listing agent

Carey Olsen Corporate Finance Limited, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) last year. Carey Olsen Corporate Finance Limited acted as listing agent to 36 per cent of all new issuers of debt securities on TISE in

Apposite Capital’s Swanton Care acquires Courtyard Care

Private equity firm Apposite Capital’s portfolio company Swanton Care and Community Ltd, a national provider of specialist residential care and supported living services for adults, has acquired Courtyard Care Ltd. Courtyard Care operates a group of leading children’s specialist residential homes with an excellent reputation providing services for children with

PE-backed Clearly Drinks appoints new Chief Executive

Private equity-backed soft drinks manufacturer Clearly Drinks has appointed Mick Howard as its new CEO, following a strong 2018 in which the company increased headcount by 45 per cent and expanded its product offering. Howard moves into the role following nine months as Clearly Drinks’ Chief Operating Officer, where he

Mourant advises Triton on EUR5 billion flagship buyout fund

Offshore law firm Mourant has advised international investment firm and longstanding client Triton, on its latest flagship buyout fund, Triton Fund V. The fund surpassed the EUR4 billion target and successfully closed in December 2018 at its hard cap of EUR5 billion, making it Triton’s largest fund in its 22-year

Northumberland broadband firm secures GBP300k from North East Venture Fund

A Northumberland business which has found a new way to deliver superfast broadband to remote sites has secured a GBP300,000 investment from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Fund Managers. Trench Networks, which is based in Blyth, has developed a

Resurgens closes USD200m flagship PE fund

Resurgens Technology Partners (Resurgens), an Atlanta-based private equity firm focussed on investing in North American-based, lower middle-market software and tech-enabled services businesses, has closed its flagship fund at over USD200 million in total commitments, in excess of its target. The fund’s limited partners include endowments, foundations, global asset managers, financial

Waterland portfolio company MEDIAN acquires two Kliniken Wied clinics

MEDIAN, a portfolio company of Waterland Private Equity Investments since 2011 and Germany’s largest private operator of rehabilitation clinics, is acquiring the two clinics run by Kliniken Wied GmbH & Co in Wied and Steimel, in the region between Bonn and Koblenz. The company is specialised in providing residential rehabilitation

QuadSAT secures GBP700,000 in seed funding

QuadSAT, a drone-enabled antenna testing company, has closed its GBP700,000 seed round, led by the Danish Growth Fund, VF with participation from Seraphim Capital and existing investors. The investment will enable QuadSAT to bring its innovative drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications.

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