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Intelligence

Green Acre Capital launches Fund II with USD35m in lead commitments

Green Acre Capital (GAC) has launched the Green Acre Capital Fund II which is exclusively dedicated to making investments in the cannabis industry.  This is the second cannabis fund in the GAC umbrella which follows Green Acre Capital Fund I, a USD25m fund with a focus on ancillary Canadian opportunities

ARQIS advises AVS Verkehrssicherung on KMK Projekts acquisition

ARQIS has advised AVS Verkehrssicherung (AVS) on its acquisition of KMK Projekts, a provider of traffic safety products and permanent road marking in Latvia. The purchase price has not been disclosed.   Founded in 1994, KMK Projekts provides and installs crash barrier systems and offers horizontal road marking, on both

Noerr advises Donges SteelTec on strategic acquisition from Tata Steel

Noerr has advised the investment company Mutares and its subsidiary Donges SteelTec on the strategic acquisition of Tata Steel’s roof and facade system division operating as the Kalzip Group. Donges, headquartered in Darmstadt, Germany, has so far been operating in the steel bridge and structural steel construction business in the

SASC makes GBP1.1m investment in Five Lamps

Social and Sustainable Capital (SASC), a UK fund manager and social enterprise, has invested GBP1.1 million in responsible lender, Five Lamps, based near Stockton-on-Tees. The investment is part of a GBP5 million deal over six years that will help vulnerable households across the UK break out of the cycle of

Teamleader raises USD22 million in Series-C funding round

Teamleader, known for its SaaS platform for CRM, project management and invoicing, has closed a Series C funding round of USD22 million (EUR18.5m). The Series C round was led by a new investor, London-based Keen Venture Partners. Existing investor Fortino Capital & Sage Capital, which led Teamleaders A and B

Sloan Sutta, Crayhill

Crayhill Capital Management names Sloan Sutta as MD

Crayhill Capital Management, an alternative asset management firm that specialises in private credit investments, has appointed Sloan Sutta as Managing Director. Sutta (pictured), will be a senior member of Crayhill’s investment team, and his responsibilities will include helping to source, underwrite, structure, execute and manage asset-based investment opportunities, augmenting Crayhill’s

Edward Moore, Aztec Group

Aztec Group promotes 113 employees

Independent fund and corporate services provider, the Aztec Group, has made 113 promotions, including five senior appointments to director and associate director roles in the biggest round of promotions in the Group’s history. The promotions came into effect on 1 July, with nearly 15 per cent of the Group’s 720

BlackRock appoints three senior researchers

BlackRock has appointed Elga Bartsch as Head of Economic and Markets Research for the BlackRock Investment Institute (BII). In her new role, Bartsch will lead BII’s research on global macroeconomic topics and will be based in London. Prior to joining BlackRock, Bartsch had a very successful career at Morgan Stanley

Cavendish advises Neilson Active Holidays on LDC investment

Cavendish Corporate Finance, a specialist sell-side M&A firm, has advised the shareholders of Neilson Active Holidays (Neilson), a provider of overseas active holidays, on its investment by to mid-market private equity investor, LDC to support management’s expansion strategy. Neilson offers a fantastic range of award-winning, activity-focussed holidays across seven countries

Gridiron Capital appoints MD

Private investment firm Gridiron Capital has appointed John Warner as Managing Director. In this role, Warner will source and evaluate potential investment opportunities, perform due diligence, and participate in the structuring, negotiation, financing and closing of portfolio investments.  He will also work closely with Gridiron’s portfolio companies on various strategic and

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