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Intelligence

PNC Riverarch Capital exits investment in Goldco

PNC Riverarch Capital has sold its portfolio company Goldco to Seven Hospitality, a consortium of high-net-worth investors.  Terms of the transaction have not been disclosed.   Goldco is an operator of 46 Burger King restaurants in Southeast Florida, primarily in the Fort Lauderdale and Treasure Coast regions. Since its founding

Lovell Minnick names principal and head of investor relations

Private equity firm Lovell Minnick Partners has appointed Irene Hong Edwards as principal and head of investor relations. “We are thrilled to welcome Irene to Lovell Minnick as we build out investor relations to better serve our limited partners,” says co-chairman Jeffrey D Lovell. “We are confident her depth of

LionTree opens Paris office

LionTree, a global investment and merchant banking firm focused on media, technology and telecommunications, is building on its operations in New York, San Francisco and London with the opening of a Paris office. Fatine Layt, a banking executive and entrepreneur, has joined LionTree to lead the new office and grow

JW Childs Associates adds operating partner

Private equity firm JW Childs Associates has appointed Joseph M Fortunato as operating partner. He will focus on evaluating, acquiring and growing businesses in the specialty retail industry.   “After 25 years of working with Joe as a leader in the specialty retail sector, I am delighted he is formally

Assetz Capital passes GBP200m in lending

Peer-to-peer platform Assetz Capital has lent GBP200 million since launching in 2013.  The alternative finance platform helps small and medium-sized British businesses and property developers acquire funding and is now providing secured loans totalling as much as GBP26 million per month and lent over GBP45 million in the last quarter of

Inflexion completes buyout of MyPolicy

Funds managed by Inflexion Private Equity have completed the GBP40 million buyout of MyPolicy, a UK’s telematics insurance broker. Founded in 1995, MyPolicy provides broking, product design, pricing and monitoring of telematics motor insurance policies for first time drivers and other niches in the UK.   MyPolicy has developed proprietary

IGF appoints Nick Price as CFO

Independent Growth Finance (IGF), a commercial finance provider for SMEs, has appointed Nick Price as chief financial officer (CFO). As CFO, Price is responsible for helping to deliver on the company’s ambitions to support more SMEs across the UK and empower these businesses to grow. Whilst creating this atmosphere of

Glen Froio, ACA Technology Solutions

ACA Technology Solutions launches compliance programme management solution

ACA Technology Solutions, a provider of investment management and regulatory technology solutions, has released ComplianceAlpha, a cloud-based platform designed to assist chief compliance officers with managing their compliance programme tasks and activities. ComplianceAlpha is designed to help compliance teams automate processes and manage their day-to-day activities.   A secure cloud-based

Orrick grows Paris M&A and PE team

Orrick Rambaud Martel has appointed M&A and private equity adviser Guillaume Kessler as a partner in Paris. Kessler joins Orrick from Olswang where he served as managing partner of the Paris office and head of the Paris corporate group.   "We are delighted to continue to grow our French corporate

San Francisco Equity Partners acquires Red Monkey Foods

San Francisco Equity Partners (SFEP), a private equity firm focused on expansion-stage companies in the consumer industry, has acquired a majority stake in organic spices and seasonings company Red Monkey Foods. SFEP will partner with founder and CEO Jeff Brinkhoff and his team to capitalise on the strong momentum in

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