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Intelligence

James Bermingham, Ogier

Ogier adds partner to Luxembourg team

Luxembourg-based funds expert James Bermingham has been promoted to partner at Ogier. Bermingham, who joined Ogier as Counsel in 2017, specialises in the structuring and formation of alternative investment funds.   As an expert in the commercial, legal, regulatory and tax issues affecting institutional investment in a cross-border context, Bermingham’s

Sotralu Group acquires GNS Group

Sotralu Group, supported by its majority shareholder Bridgepoint Development Capital, has acquired GNS Group in Portugal. Its aim is to consolidate its position in Europe and continue to develop its export market further afield (China, India, the Middle East). With sales of more than EUR8 million and strong growth over

Carpet and floor firm secures GBP15m ABL facility

Carpet & Flooring (Trading) Limited, one of the UK’s leading distributors of floor covering products, has secured a GBP15 million asset-based lending (ABL) facility from Secure Trust Bank Commercial Finance to support strategic acquisitions. The business has its headquarters in Redditch in the Midlands with 11 branches nationwide, including Manchester,

DOB Equity launches new Nairobi office

DOB Equity, a leading Dutch family-backed impact investor, has opened a new office in Westlands, Nairobi.  DOB Equity, which has exclusively invested in East Africa since 2010 and has tripled its investment portfolio over the last three years, marked the opening with a seminar focused on the next generation of

Dentons hires third partner in Dubai in six months

Dentons has bolstered its UAE Corporate practice with the hire of partner Ziad Saad who has been based in Dubai for over seven years. Saad is the third partner hire for Dentons in Dubai in the past six months, a clear demonstration of the Firm’s commitment to strengthening its Middle

BioMedPartners closes BioMedInvest III at CHF100m

BioMedPartners AG, based in Basel, Switzerland, has held the final closing of BioMedInvest III, the company’s third equity venture capital fund, at CHF100 million. BioMedInvest III is a healthcare venture capital fund which invests in private early-to-mid- stage companies in Switzerland, Germany and neighbouring countries of the European Union.  

ECM-managed fund acquires stake in Hamburg-based Albrecht & Dill Cosmetics

German Equity Partners IV (GEP IV), a private equity fund managed by the independent German investment company ECM Equity Capital Management (ECM), has acquired a stake in Albrecht & Dill Cosmetics (A&D). The previous sole owner, Philipp Sahling, will continue to run the company as Managing Partner.   As part

HarbourVest Partners expands senior team

HarbourVest Partners has announced a raft of promotions including six Managing Directors, six Principals and four Senior Vice Presidents. The company says these promotions recognise team members whose expertise contributes to the success of HarbourVest and its clients across the Americas, Europe, and Asia Pacific. HarbourVest has also continued to

Ocelot Partners to acquire Ocean Outdoor from Searchlight Capital Partners

Ocelot Partners Limited is to acquire Ocean Outdoor from investment funds managed by Searchlight Capital Partners (Searchlight) for an enterprise value of GBP200 million. Ocean is a pure play operator of premium digital out-of-home (DOOH) advertising in the UK. Ocean’s portfolio of digital, full motion screens facilitates connectivity as out-of-home,

Pamlico makes growth investment in Silverline

Pamlico Capital has made a growth equity investment in Silverline, a Salesforce Platinum Consulting Partner headquartered in New York City. The partnership will allow Silverline to advance as a leader delivering innovative solutions across the Salesforce Platform, including the vertically-focused Salesforce Financial Services Cloud and Salesforce Health Cloud.   “Silverline’s

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