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Ladenburg makes strategic investment in Track Technologies

Ladenburg Thalmann Financial Services (Ladenburg) has made a strategic investment in Track Technologies (Track), a San Francisco-based digital provider of tax automation for independent contractors, freelancers, and other workers who generate self-employed income.  The investment, which is the first major outgrowth of Ladenburg’s recently launched Innovation Lab and its inaugural

Keyhaven announces EUR260m equity funding commitment for DARAG

Keyhaven Capital Partners (Keyhaven) has secured an equity funding of up to EUR260 million for DARAG, its legacy insurance acquirer, to support growth plans for the business. Funding has been provided by Crestview Partners (Crestview) via its European partner Aleph Capital Partners (Aleph Capital).   DARAG, a Keyhaven portfolio company,

ISF Bank changes name to GN Bank

The Illinois Service Federal Savings and Loan Association (ISF Bank) – one of America’s leading black-owned lending institutions – is rebranding as GN Bank to align with its international banking operations. GN Bank internationally has over 330 branches. “We want something different to come out of the South Side of

Andy Sloan, Guernsey Finance

Guernsey Finance appoints Deputy Chief Executive, Strategy

Guernsey Finance is set to take a broader role in the development of the island’s financial services sector through the permanent appointment of Dr Andy Sloan as Deputy Chief Executive, Strategy. Sloan (pictured), has been Acting Director of Strategy on part-time secondment from the Guernsey Financial Services Commission for the

Accendo Capital appoints Director of Investor Relations

Accendo Capital has appointed Elise Auer as Director of Investor Relations. In her new role, Ms. Auer will direct business development activities for Accendo Capital and assume responsibility for ongoing communications and client service for existing fund investors. Auer started her career in corporate finance and private equity investing and

LDC makes Investment Director promotion

UK mid-market private equity invester LDC has promoted Dan Smith to investment director, following a year of successful investments and exits. Since joining LDC in August 2015, Smith has been involved in a number of the region’s most notable transactions. This has included supporting the firm’s GBP31.8 million investment in

OFS Capital Corporation and Ironwood Capital invest in Performance Team

OFS Capital Corporation (NASDAQ: OFS) and Ironwood Capital have a made a debt investment to support a recapitalisation of Performance Team, a Los Angeles-based third-party logistics and distribution provider, offering consolidation, warehousing, distribution and transportation services across the US. “OFS Capital has a long history of partnering with owners and

Pamlico Capital to make strategic investment in Personify Corp

Pamlico Capital is to make a strategic investment in Personify, a provider of technology solutions for non-profit organisations. Terms of the transaction have not been disclosed.   “This marks a new chapter for Personify, and the next step in creating a leading Constituent Management and Engagement (CME) Platform,” says Eric

Calculus Capital invests GBP2m in CloudTrade

Calculus Capital, an Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist, has invested GBP2 million in software company CloudTrade. CloudTrade’s technology – which has been patented in Europe, the US and Australia – enables companies to automatically process electronic documents such as invoices and sales orders received by

KKR to acquire The Bay Club Company

KKR is to acquire active lifestyle and hospitality company Bay Club from York Capital Management and minority investors, including JMA Ventures and Roxborough Group. Financial details of the transaction have not been disclosed. Founded in 1977, Bay Club operates a collection of active lifestyle campuses, welcoming more than 50,000 members

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