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Intelligence

LPA-CGR avocats advises Wiko on reorganisation and closer cooperation with Tinno

LPA-CGR avocats has advised the shareholders and founding managers of Wiko Group on its reorganisation and closer cooperation with Tinno Group, its Chinese partner for the past seven years. The French smartphone company, which is in the European top five for connected mobility and active in around 30 countries, has

Lloyd’s Register acquires cybersecurity specialist Nettitude

Livingstone’s Defence & Security sector team has advised the shareholders of Nettitude, a market-leading provider of cyber security services with some of the most sophisticated technical capabilities in the industry, on its acquisition by Lloyd’s Register (LR). LR is a provider of professional services for engineering and technology, improving safety

NRT acquires OfferCraft

NRT Technology Corp (NRT) has acquired the assets of privately held OfferCraft, a software company that uses artificial intelligence and gamification to drive loyalty, engagement and revenue. Terms of the agreement are not disclosed. The deal will allow NRT to integrate OfferCraft’s patent-pending solutions into its existing kiosk, mobile, table

Prestige Funds’ UK SME direct lending fund passes USD100m in AUM

Prestige Funds’ Luxembourg-domiciled direct lending fund, Commercial Finance Opportunities (CFO), has passed USD100 million in assets under management. The fund draws on the expertise of a large commercial direct lending team composed of almost 100 personnel. They are part of Nucleus Commercial Finance, a specialist provider of finance which is based

Private equity drives value of Jersey funds business to record levels

The value of regulated funds being administered in Jersey rose to a record level of almost GBP300 billion at the end of 2017 driven primarily by a rise in private equity business. That’s according to the latest figures to be collated by the Jersey Financial Services Commission (JFSC) and published

IW Capital completes funding deal with EFG

Mayfair based private equity firm IW Capital has just completed its latest deal with Elevation Financial Group (EFG) – an acquisitive independent financial advisory firm which has to date completed nine acquisitions in the Birmingham to London corridor. The financing represents IWC’s first senior convertible loan facility, offering investors either

New Water Capital partners with Pegasus Foods

Private equity firm New Water Capital has made an investment in Pegasus Foods, a contract manufacturer of frozen appetisers and snacks. Specialising in high-quality, difficult to produce products, Pegasus is a primary contract manufacturer for several consumer packaged goods and retail grocery companies, as well as quick service restaurants. New

Archangels and SIB provide GBP2m funding for BDD

Archangels, an Edinburgh-based business angel syndicate, and the Scottish Investment Bank, the investment arm of Scotland’s enterprise agencies, have completed a GBP2 million funding round for Bio-Images Drug Delivery Limited (BDD). The company is looking to scale it business based around its OralogiK precision timed drug delivery system, which enables

Inflexion completes buyout of Chambers and Partners

Inflexion has completed the buyout of Chambers and Partners (Chambers), a provider of legal rankings. Founded in 1990, Chambers ranks over 80,000 lawyers and law firms by practice area in almost 200 jurisdictions. The rankings are relied upon by corporates when selecting their legal advisers and by law firms and

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