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Intelligence

Sentinel Capital Partners sells Power Products

Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, has sold Power Products, a provider of branded electrical products and systems. Details of the transaction have not been disclosed.   Headquartered in Menomonee Falls, Wisconsin, Power Products designs, manufactures,

RDIF and TWF create Russia-Turkey Investment Fund

The Russian Direct Investment Fund (RDIF) and Türkiye Wealth Fund (TWF) have signed a memorandum establishing the Russia-Turkey Investment Fund. The parties will work together to identify attractive investment projects that could strengthen bilateral economic ties and increase investment flows between the two countries.   According to the agreement, RDIF

Gattai, Minoli, Agostinelli & Partners advises Bain Capital on Fintyre secondary buyout

Corporate and financial law firm Gattai, Minoli, Agostinelli & Partners has advised Bain Capital in the secondary buyout of Italian tyre distributor Fintyre from BlueGem, advised by Gianni, Origoni, Grippo, Cappelli & Partners. Gattai, Minoli, Agostinelli & Partners assisted Bain Capital with a team composed by partner Cataldo Piccarreta, senior

Cairngorm Capital supports Stevenswood’s acquisition of Truemans

Cairngorm Capital Partners had made a further investment in Stevenswood Trade Centres to enable Stevenswood’s acquisition of Truemans Holdings. This transaction advances Stevenswood’s ambition to develop a national network of trade counters and completes strategic gaps in its presence in England.   The new combined group will continue to be

Simon Schilder, Ogier

BVI continues to introduce positive regulatory developments

Last year the number of hedge fund launches globally fell by an estimated 40 per cent, but despite this there have been a number of positive developments for the funds industry in the BVI. One is the creation of an AIFMD opt-in regime for the BVI, called the Securities and

McDermott expands Chicago private equity practice

McDermott Will & Emery has appointed Gregory Metz as a partner in the firm’s Chicago office.  Metz has joined the firm’s corporate and transactional practice group with a particular focus on middle market private equity.   Metz joins McDermott from Ropes & Gray where he counselled clients on complex business

Cloud jigsaw

Five reasons why it’s time to consider the cloud

Traditionally, hedge funds and private equity firms have allocated significant capital budgets to build out their own sophisticated Communication (Comm.) Rooms, which can take months to provision and bring online. With servers to buy and install, software to license and configure, and voice/networks to deploy – not to mention recruiting,

PIXID acquires Amris ATS and ZAO

PIXID SAS, a French cloud-based temporary workforce management and recruitment solutions provider, has acquired the Internet Corporation, the owner of applicant tracking system and recruitment software Amris. The transaction has been completed for an undisclosed amount.   PIXID’s proprietary technology is currently responsible for filling one out of four temporary

Omnes Capital and Bpifrance sell stake in Grain d’Or Gel

Omnes Capital and Bpifrance have sold their stake in Grain d’Or Gel, a company specialising in the manufacture of frozen bakery products such as pizza dough and snacks. This disposal falls within the framework of the merger between Grain d’Or Gel and Lubrano.   The new entity, named Groupe Novepan,

Henkel to acquire hair professional business in Mexico and the US

Henkel signed an agreement to acquire Nattura Laboratorios, headquartered in Guadalajara, Mexico, and associated companies in the US, Colombia and Spain. Through the acquisition Henkel will further strengthen its hair professional business and expand its footprint in both the emerging and mature markets.   The transaction includes a portfolio of

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