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Intelligence

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FrontLine Compliance expands consulting staff

FrontLine Compliance has strengthened its consulting team in response to the continued growth of the firm’s offerings of regulatory compliance advising and support for SEC registered investment advisers and private funds. Mike Spero, a former Chief Compliance Officer, recently joined FrontLine Compliance as Senior Vice President to handle clients’ compliance

Clearly Drinks acquires IP and distribution rights for POW

Clearly Drinks, a private equity-backed soft drinks manufacturing company, has completed the acquisition of the IP and distribution rights for the Powerful Water Company (POW). This follows a year of double-digit growth in which Clearly Drinks increased headcount to over 100 people and secured a contract with a major supermarket. 

Oprah Winfrey makes equity investment in True Food Kitchen

Health-focused restaurant brand True Food Kitchen, which is backed by private equity firm Centrebridge, has secured an equity investment from Oprah Winfrey, who also joins the board of directors. Founded in 2008, True Food Kitchen has received national recognition as a culinary leader, with a health-driven menu of seasonal dishes

O’Melveny represents Highview Capital in Good Source Solutions acquisition

O’Melveny has represented Highview Capital in its acquisition of specialised food service distributor Good Source Solutions. Financial terms of the transaction have not been disclosed.   The O’Melveny team was led by Corporate M&A partner David Smith, and included Corporate M&A partner Nicolai Schwarz-Gondek, Corporate Finance counsel Sarah Hoffner, and

Noerr advises comdirect on sale of ebase

Noerr has advised comdirect bank on the sale of its subsidiary European Bank for Financial Services (ebase) to FNZ, an international financial technology provider. The FNZ Group provides established financial institutions with platform solutions for the entire investment business value chain (Platform as a Service). ebase is a B2B direct

Maven leads GBP2.8 million investment in Lending Works

UK private equity house Maven Capital Partners (Maven) has completed a GBP2 million investment in Lending Works, a UK peer-to-peer (P2P) lender. The total transaction value also includes GBP800,000 of funding from NVM Private Equity, Pollen Street Capital, and a small number of business angels. The investment will be used

Inviqa acquires experience design agency Webcredible

Moore Stephens has advised Webcredible Limited, a London-based experience design agency, on its sale to digital consultancy and software design agency Inviqa. The acquisition helps Inviqa to expand its customer and user experience capabilities in response to client demand, while Inviqa adds an improved development capability for Webcredible’s clients.  

Houlihan Lokey adds key hire to Global Private Funds Group

Investment bank Houlihan Lokey has appointed Zade Zalatimo as a Managing Director in the firm’s Corporate Finance business, effective September. Zalatimo will be based in Dubai and will spearhead the expansion of the Private Funds Group and contribute to Houlihan Lokey’s broader advisory capabilities in the region.   Zalatimo will

B2B Robo-advisor Bambu secures USD3m in Series A funding

Bambu, a provider of robo-advisory technology, today announced it has completed a USD3 million Series A funding led by Franklin Templeton Investments, with Singapore family office Octava and prominent Japanese Fintech investor Mamoru Taniya also joining the round. The year 2018 has already become a marquee year for the two-year-old

Howard Cotton, BakerHostetler

Litigation team joins BakerHostetler

Howard E Cotton and Michael S Gordon, both seasoned trial attorneys with decades of experience in high-stakes commercial litigation, have joined BakerHostetler as partners based in New York. Cotton (pictured), and Gordon come to BakerHostetler to continue their more than 20 years of working together as a successful litigation team. 

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