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Intelligence

Trowers & Hamlins advises on the sale of Fourpure to Lion Pty

Law firm Trowers & Hamlins has advised founders Daniel and Thomas Lowe, on the sale of Fourpure, a Bermondsey based craft brewer brand, to the UK subsidiary of Lion Pty, a large international FMCG company based in Australia.  Set up by brothers Daniel and Thomas Lowe in 2013, Fourpure supplies brands including

Sovereign sells Xendo to ProPharma Group

UK private equity firm Sovereign Capital Partners has exited investment in Xendo – an independent consultancy and project management organisation in the of (bio)pharmaceutical products, medical devices and healthcare space – to ProPharma Group, a portfolio company of US-based Linden Capital Partners. This is Sovereign’s third exit in recent weeks

shaking hands

MPOWER Financing appoints director of engineering

Parimala Pakalapati, a financial technology executive with more than a decade of fintech and startup experience, has been appointed director of engineering of MPOWER Financing. Pakalapati will oversee the company’s global engineering team, drive technology initiatives and work closely with internal and external stakeholders to establish technology solutions at a

Palamon acquires FairConnect

Palamon Capital Partners (Palamon), a pan-European growth investor, has acquired a majority stake in FairConnect, a provider of connected insurance services. Palamon and its financing partners have invested and committed more than EUR100 million of funding to the Company.   FairConnect is a leading provider of connected services to insurers that

OakNorth appoints new COO

OakNorth has appointed Amir Nooriala, former MD of BGC Partners, as its Chief Operating Officer. After graduating with a degree in Computer Science from the University of Nottingham, Amir Nooriala spent four years working in California for Cisco Systems as a system engineer, before returning to the UK to work

Nexus Investments launches EIS scale-up fund

Nexus Investments, a division of Harry Hyman’s Nexus Group, has launched its first EIS Scale-Up Fund which it believes to be the first of its kind since the June announcement of the UK Government’s GBP2.5 billion British Patient Capital programme.  The Fund aims to address a large gap in the

Munich Private Equity Partners secures new institutional investor for private equity programme

MPEP Management Luxembourg has secured a double-digit million Euro commitment from an alternative investment fund managed by Degroof Petercam, one of Belgium’s leading independent investment services institutions. With its history dating back to 1871, Degroof Petercam today manages more than EUR54 billion for wealthy families, business owners and investment professionals.

BlackRock completes final close of first European Middle Market Private Debt Fund

BlackRock’s European Private Debt team has successfully closed its EUR1.1 billion first-time European Middle Market Private Debt Fund alongside several separate accounts, bringing the total AIM of the strategy to EUR1.8 billion. The capital raise was a result of the team’s strong experience in middle market investing, their differentiated sourcing

Fortino Capital invests in e-health company Dobco Medical Systems

Fortino Capital is investing EUR2.2 million in Dobco Medical Systems, a Belgian software company specialising in online solutions for medical imaging. Fortino Capital will help Dobco Medical Systems’ management with the further development of their platform and their international expansion.   Dobco Medical Systems was founded in 2011. Its PACSonWEB

Eurazeo PME to sell stake in ODEALIM to TA Associates

Eurazeo PME, Eurazeo’s division specialising in medium-sized companies, is to sell its stake in the Odealim Group, a French insurance brokerage firm for real estate professionals, to private equity firm TA Associates. Eurazeo PME purchased AssurCopro in July 2016, working with founders Olivier Scemama and Vincent Mancel and the company’s

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