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Intelligence

Peak Rock portfolio company Hasa acquires Inter Valley Pool Supply

Hasa, a portfolio company of middle market private equity firm Peak Rock Capital, has acquired Inter Valley Pool Supply (IVPS), a leading packager and distributor of water treatment chemicals. Headquartered in Pomona, California, IVPS packages and distributes high-quality water treatment products and has operated as a licensed distributor of Hasa-manufactured

GCA Altium advises Croda on Plant Impact takeover

GCA Altium has acted as exclusive financial advisor to FTSE 100 chemicals firm Croda on the acquisition by its subsidiary Croda Europe of research and development company Plant Impact plc. The transaction was announced initially in February and has now become effective by means of a scheme of arrangement between

Equistone backs WHP Telecoms in MBO from Palatine

Equistone Partners Europe has completed the management buyout of WHP Telecoms, a provider of professional services to the mobile telecoms infrastructure sector, from Palatine Private Equity. WHP is the leading provider of end-to-end services for the planning, design, acquisition, deployment, upgrade and maintenance of mobile network masts, antennae and base

Paul Smith, GFIA

Guersney expecting increased interest in PIF

Guernsey’s fund sector is expecting increased interest in its Private Investment Fund following a change in its rules and guidance. The move from the Guernsey Financial Services Commission was announced last week, removing the need for a licensed investment manager to warrant an investor’s ability to sustain financial loss, replaced

Century Bridge Capital Real Estate Fund exits USD87m China investment

Century Bridge Capital’s Century Bridge China Real Estate Fund has successfully exited and repatriated the proceeds from its investment in Dalian, China.    The fund closed on its GBP24.5 million investment in the GBP87 million development in January 2015 in joint venture with regional developer, Dalian Guanxin Investment Corporation.     

Bitcoins

Cryptocurrencies failing to convince many investors

Investors in the Assetz Capital platform are yet to be convinced by cryptocurrencies, with just 16 per cent seeing them as worthwhile investments. The peer-to-peer lending platform canvassed the views of its investors in the Q1 Assetz Capital Investor Barometer. Some 43 per cent believe the entire market is on

Handshake 2

Investcorp appoints Chief Financial Officer

Investcorp, a provider and manager of alternative investments, has appointed Jan Erik Back as Group Chief Financial Officer. Back will join Investcorp in the summer. Back, who has more than 30 years of industry experience, the majority of which was in senior finance roles of financial services firms including SEB

PreVeil secures series A investment from Spark Capital

PreVeil has secured a Series A investment from Spark Capital, a venture capital firm that invests in disruptive startups. This is the first outside investment in PreVeil; two of its founders, successful serial tech entrepreneurs Sanjeev Verma and Randy Battat, were the seed round investors. PreVeil’s unique email and document

Century Park Capital Partners selects PEF Services for fund administration

Los Angeles private equity firm Century Park Capital Partners has selected PEF Services to provide fund administration services. Century Park specialises in facilitating owner liquidity, supporting business expansion, and bringing industry and operational resources to build stronger, more successful middle market businesses. Since its establishment in 2000, Century Park has

LLR Partners makes USD30m investment in Midigator

LLR Partners has closed a USD30 million minority growth equity investment in Midigator, the provider of a fully-automated software platform to prevent, analyse and manage payment card chargebacks, thereby increasing merchant revenue and lowering costs. Key features of the platform include automated chargeback prevention alerts, intelligent chargeback representments with industry

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