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Intelligence

Bitcoin volatility is a ‘sideshow’

Bitcoin expert Nicholas Gregory, founder and CEO of London-based cryptocurrency enabler CommerceBlock, comments on recent volatility in cryptocurrency prices…  Prices of digital currencies have been on a rollercoaster ride lately but this violent volatility is actually all a bit of a sideshow.   The simple reason is that plenty of

HLB International raises over EUR8.600 for charity

HLB International, a global accountancy networks with a presence in 140 countries, has raised over eight thousand and six hundred euros for the Malta Community Chest Fund. The funds were presented to Noel Zarb, Chief Administrator of the Community Chest Fund when the network held its annual conference in Malta from 18-22 October.

CVC Capital Partners appoints chairman of Theramex

CVC Capital Partners (CVC) has appointed Fred Hassan as Chairman of the international women’s health assets which CVC Fund VI agreed to acquire from Teva Pharmaceutical Industries Ltd on 17 September 2017, subject to receipt of regulatory approvals. CVC has also announced that, following closing of the transaction, the new

FRP Advisory adds new director in Essex office

FRP Advisory, the business advisory firm, has strengthened its UK operations with the promotion to director of Julie Humphrey. She will be based in the firm’s Essex office.  Humphrey brings to her director role appointment more than 13 years of restructuring and insolvency experience, having worked alongside FRP Advisory’s founding

Aliter-backed Edwin James Holdings to make additional bolt-on acquisition

Edwin James Holdings Limited (EJH), a provider of technical services to public and private sector clients, is planning the bolt-on acquisition of Midlands-based Peterborough Electrical & Mechanical Engineering (PEME). PEME is an outsourced reliability maintenance services company that provides total managed solutions for electrical and mechanical plant and asset maintenance

Stanhope Capital appoints head of merchant banking division

Stanhope Capital has appointed Nigel Spray as Partner and Head of the firm’s Merchant Banking division. Spray joins Stanhope Capital from Kleinwort Hambros where he held the position of Managing Director – Head of Private Merchant Banking. Prior to Kleinwort Hambros, Spray founded Frontiers Capital, a firm which acted as

Tengram Capital adds RéVive to beauty portfolio

Tengram Capital Partners is to acquire luxury skincare brand RéVive from Shiseido Americas Corporation. Under the terms of the agreement, Tengram will run the company as an independent and stand-alone entity based in New York City. Closing is expected to be completed by the end of November.   “We are

Quad-C Management sells Vaco

Middle market private equity firm Quad-C Management has completed the sale of its stake in portfolio company Vaco, an executive search, consulting, placement and strategic staffing firm. Olympus Partners and management were the acquirers. Terms of the transaction were not disclosed. Quad-C invested in Vaco in 2014 in partnership with

Noerr advises CCTC on Vermes Microdispensing acquisition

Noerr has advised ChaoZhou Three-Circle (Group) Co (CCTC), a Chinese manufacturer of electronic components and high-tech ceramic products, in connection with the acquisition of all shares in Vermes Microdispensing, a German specialist in microdispensing systems. Vermes Microdispensing, with headquarters in Otterfing near Munich, is a world leader in the design

African PE firm buys stake in Slovakia-based ESET

Pan-African ICT private equity firm Convergence Partners has bought a minority stake in ESET East Africa, a regional cybersecurity company. Convergence Partners signed the deal with ESRO Limited, ESET East Africa’s parent company during the recent AfricaCom tech conference in Cape Town.   The deal also enables ESET East Africa

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