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Intelligence

WestBridge appoints new investment manager

WestBridge Capital has appointed chartered accountant James MacLeay from Kingston Smith, where he qualified before joining the firm’s corporate finance team. During this time, MacLeay worked on many deals including the sale of Freightex to UPS; the readmission to AIM of Live Company Group plc; the investment in Axel Arigato

SASC appoints Gilly Orr as Fund Development Director

Social and Sustainable Capital (SASC), a UK fund manager and social enterprise, has added to its team with the appointment of Gilly Orr as Fund Development Director. Orr joins the team designing, developing and raising investment for new products that SASC plans to launch in the near future, including a

One Equity Partners sells specialty hydrocarbon chemicals company to Sonneborn

Middle market private equity firm One Equity Partners (OEP) is to sell the operating subsidiaries of Sonneborn Holdings, a manufacturer of specialty hydrocarbon chemicals, to a subsidiary of HollyFrontier Corporation (HFC), an independent petroleum refiner and marketer, for USD655 million. The transaction is expected to close in 2019, subject to

New Water portfolio co Myotek acquires Amptech

Private equity firm New Water Capital’s portfolio company, Myotek, has acquired Amptech, a value-added manufacturer of electronics and electrical assemblies based in Manistee, Michigan. Founded in 1980, Amptech designs, engineers and manufactures circuit boards and other electronic assemblies for customers in automotive, utility and other industrial end markets and applications.

Monroe Capital supports recapitalisation of Nova Wildcat Amerock

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a USD56 million senior credit facility to support the recapitalisation of Nova Wildcat Amerock (Amerock) by a private equity sponsor. Founded in the 1920s and based in Huntersville, North Carolina, Amerock is a leading designer and

GDPR burdens hinder EMEA M&A transactions, says Merrill Corporation Survey

The Merrill Corporation survey highlights future challenges for EMEA dealmakers when complying with regulations, accelerating deals and harnessing the power of data. An increasing number of M&A transactions may be stalling because of concerns over GDPR compliance, according to a survey of EMEA M&A professionals conducted by Merrill Corporation, the

Lovell Minnick Partners makes majority investment in SRS Acquiom

Lovell Minnick Partners (LMP), a private equity firm specialising in financial and related business services companies, has made a majority investment in SRS Acquiom, a Denver-based FinTech company that provides technology-enabled services related to M&A settlement, support and risk mitigation, as outlined further in the attached press release. Founded in

Investec Asset Management adds portfolio manager with sustainable investment focus

Investec Asset Management has appointed Deirdre Cooper as a portfolio manager with a specific focus on renewable energy, decarbonisation, electrification and resource efficiency. Bringing extensive experience in the finance and investment industry, Cooper has dedicated the last ten years to the renewable energy, clean tech and utility sectors where she

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