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Intelligence

Fave raises over USD20 million in Series B funding

Fave, Southeast Asia’s fastest growing mobile O2O (online to offline) platform, has raised over USD20 million in a Series B round from strategic and existing investors including Sequoia India, SIG Asia Investment and Venturra Capital. Over the last two years, Fave has evolved into Southeast Asia’s largest mobile loyalty and

Holland & Knight launches HK Deal Flow

Holland & Knight has launched HK Deal Flow, a new program designed to facilitate deal leads by matching acquisition or capital raising opportunities with buyers and investors.   HK Deal Flow utilises the firm’s network of more than 1,300 lawyers and advisors to leverage their deep knowledge of markets and

Walker Morris advises Real Good Food on sale of Haydens Bakery

Walker Morris has advised Real Good Food plc on the sale of Haydens Bakery Limited to a subsidiary of Bakkavor Group plc for GBP12 million.
 Real Good Food focuses on three main markets including: cake decoration (Renshaw and Rainbox Dust Colours), food ingredients (R W Scott and Brighter Foods) and

Pomona Capital closes ninth secondary fund over USD1.75bn target

Pomona Capital, a global private equity firm specialising in secondaries investing, has held the final close of its ninth secondaries flagship fund, Pomona Capital IX. The fund was oversubscribed and capped at USD1.8 billion. Limited partners in the Fund include pension funds, sovereign wealth funds, financial institutions, endowments, foundations, and

Alberto Salato, Neuberger Berman

Neuberger Berman hires Head of Southern Europe

Investment manager Neuberger Berman has appointed Alberto Salato to the newly created role of Head of Southern Europe, effective immediately. Based in Milan, Salato (pictured), will oversee client coverage across Iberia and Italy, reporting to Dik van Lomwel, Head of EMEA and LatAm.   Salato joins from Blackrock Investment Management,

CBC completes sale of Cone Drive to Timken

Clyde Blowers Capital (CBC) has completed the sale of precision motion control expert, Cone Drive, to The Timken Company. Since acquiring Cone Drive in 2012, CBC has repositioned Cone Drive from an industrial gearing company, operating largely out of North America, to a leader in precision motion control technology with

Clayton, Dubilier & Rice appoints operating advisor

Clayton, Dubilier & Rice has appointed Micaela Bulich, former Vice President Global Supply Chain for GE Renewable Energy’s USD8 billion onshore wind business, as an Operating Advisor to CD&R funds. Bulich has more than 30 years’ experience as a strategy and execution leader of supply chain organisations in large, global,

CORE acquires Midwest Composite Technologies

Chicago-based private equity firm CORE Industrial Partners (CORE), has acquired Midwest Composite Technologies (MCT), a manufacturer of prototype and low-volume production components. Financial terms of the transaction have not been disclosed.    Founded in 1984, MCT offers 3D prototyping and low-volume production services through a fleet of over 40 additive

Ropes & Gray advises Epiris on acquisition of Bonhams

Ropes & Gray has advised UK private equity firm Epiris on Epiris Fund II’s acquisition of Bonhams, the global auction house, from private shareholders. The deal, announced today, is the fourth investment of the Epiris Fund II.  Bonhams is one of the world’s largest and most renowned auctioneers of fine

Highvern adds senior PE specialist to team

Highvern Group has appointed private equity specialist, Mark Primrose, as an Associate Director and Head of Client Accounting. Primrose qualified as a Chartered Accountant with KPMG before moving to an in-house role with Apax Partners and most recently in third party administration.   “We are thrilled to welcome Mark to

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