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Intelligence

DMGT invests GBP500,000 in energy tech specialist Labrador

Daily Mail and General Trust (DMGT) is investing a hybrid package of GBP500,000 in cash and media investment, in exchange for a subscription of ordinary shares as part of energy tech specialist Labrador’s current funding round. Labrador uses smart technology to disrupt the energy switching market, providing residential customers with a frictionless and free service that automatically ensures that they’re

Bravo Brio Restaurant Group to be acquired by Spice Private Equity

Bravo Brio Restaurant Group (BBRG), the owner and operator of the BRAVO! Cucina Italiana and BRIO Tuscan Grille restaurant concepts, is to be acquired by Spice Private Equity, an affiliate of GP Investments (GP) in a deal worth USD100 million. The transaction proceeds will be funded by Spice, along with

Lisa Lee joins Trident Capital Cybersecurity as CFO

Trident Capital Cybersecurity, a venture capital firm investing exclusively in cybersecurity, has appointed Lisa Lee as Chief Financial Officer (CFO). Lee spent the past 20 years as a senior financial executive in leading venture capital firms. Most recently, Lee was the Chief Financial Officer of Firelake Capital Management, a venture capital

Sustainable finance plan needs to be practical and flexible, says Invest Europe

Private equity is well-placed to support the European Commission’s recently announced sustainable finance plan announced, but any further measures need to take into account the diversity of the industry, says Invest Europe. The European Commission Sustainable Finance plan follows January’s report from the High-Level Expert Group.   Among other recommendations,

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Link Asset Services appoints Head of Transfer Agency

Link Fund Solutions, part of Link Asset Services, has appointed Andrew Lelliott to the post of Head of Transfer Agency.  The appointment reflects Link’s continued strategy to grow within the UK transfer agency market, building upon its strength in transfer agency and registrar services, as part of the company’s wider

Capzanine sells stake in Oui Care

Capzanine is selling its stake in Oui Care as part of a Sponsorless transaction arranged by the group’s founder, Guillaume Richard. The origins of the Oui Care group date back to 1996 in Lille. It is now France’s market leader in personal and household services, providing house cleaning, childcare, adult

Carey Olsen advises LeoVegas on purchase of online casino operator IPS

LeoVegas, Sweden’s leading mobile gaming operator, has completed its acquisition of the assets of Intellectual Property & Software Limited (IPS) and other related assets from two further companies, including brands such as 21.co.uk, Slotboss, BetUK and UK Casino. Corporate lawyers from leading offshore law firm Carey Olsen advised LeoVegas on

Flexpoint Ford backs Dash Financial Technologies MBO

Dash Financial Technologies co-founders Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the business from private equity firm GTCR in a management-led buyout. Dash is the provider of a multi-asset trading technology and execution service platform.   Maragos will continue to lead

Gattai, Minoli, Agostinelli & Partners names three new partners

Italian corporate and financial law firm Gattai, Minoli, Agostinelli & Partners has appointed Andrea Taurozzi, Valentina Lattanzi and Federico Bal as new equity partners. Federico Bal graduated in law from University of Pavia and has been working in the corporate department of the firm since 2013, specialising in private equity,

Nova to sell Ashland Hardware to Tyman

Nova Capital Management (Nova) is to sell its portfolio company, Ashland Hardware (Ashland), to Tyman plc for a price of USD101 million. Nova acquired Ashland as part of a portfolio acquisition of five businesses from Newell Rubbermaid (now Newell Brands) in September 2013. Profits at Ashland have more than doubled under

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