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Intelligence

Vulog raises USD20m in growth finance

Vulog has raised USD20 million in Series B funding with the participation of Frog Capital (UK), Inven Capital (Czech Republic), as well as historic investors Bpifrance (France) and ETF Partners (UK). These funds will be used to strengthen the company’s leadership in the mobility space, both to grow its sales

Mike Newton, Crestbridge

Crestbridge bolsters funds proposition with senior Jersey appointments

Independent fund, trust and corporate services provider Crestbridge has appointed Michael Newton (pictured), as Head of Fund Services in Jersey and John MacFeeters as Client Director.  Newton and MacFeeters will join current Crestbridge Directors Sarah Rayson, Elliot Refson and Alex Le Quesne with a remit to develop the firm’s international

BDC completes USD10m equity investment in Rx Drug Mart

BDC Capital, the investment arm of BDC, has completed a USD10 million minority equity investment in Rx Drug Mart (RxDM), alongside Persistence Capital Partners (PCP) and RxDM’s other existing shareholders.  The investment was made in support of RxDM’s growth strategy and in part enables the company to continue to look

Blackford Capital exits Key Health

Private equity firm Blackford Capital has exited its ownership of Westlake Village, California-based personal injury lien funding company Key Health. Key Health is the national leader in providing personal injury lien funding and acts as a liaison between medical providers and personal injury victims’ attorneys to ensure access to necessary

Blue Point acquires SASE Company

Blue Point Capital Partners, in partnership with management, has acquired its eighth Blue Point III platform investment, SASE Company, a manufacturer and supplier of equipment and consumables used in the concrete polishing industry. SASE provides a comprehensive portfolio of high-quality products including grinding machines, vacuums, diamond tooling, abrasives and related

Calera Capital completes sale of United Site Services to Platinum Equity

Middle-market private equity firm Calera Capital has completed the sale of United Site Services (USS) to Platinum Equity. Terms of the transaction have not been disclosed. Calera Capital acquired a majority interest in United Site Services in August 2014.   United Site Services, based in Westborough, Massachusetts, is a leading

Century Park Capital Partners and Akoya Capital Partners sell ICM Silicones Group

Century Park Capital Partners and Akoya Capital Partners have completed the sale of ICM Silicones Group (ICM) to the CHT Group (CHT), a specialty chemicals conglomerate headquartered in Germany. ICM is a leading independent formulator and manufacturer of specialty silicone materials offering one of the market’s broadest portfolios of customised

Gen II Fund Services opens new client service centre in Boston

Private equity fund administrator Gen II Fund Services has opened a new office in Boston, Massachusetts. In addition, the company has appointed Shaun Buckley, who will be based in Boston, as Managing Director. Buckley comes to Gen II from State Street, where he had broad responsibility for private equity fund

Hercules’ portfolio company Solar Spectrum merges with Horizon Solar Power

Solar Spectrum, a portfolio company of Hercules Capital, has merged with Horizon Solar Power, a designer and installer of residential and commercial solar systems in Southern California. “We are very pleased to see Solar Spectrum’s management team, along with its new lead investor Northern Pacific Group, take quick, decisive, action

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