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Intelligence

IK Investment Partners to acquire Ellab A/S

IK Investment Partners’ IK VIII Fund is to acquire Ellab A/S (Ellab), a manufacturer of thermal validation solutions, primarily used for validation for food and pharmaceutical industries, from a group of private investors. Financial terms of the transaction have not been disclosed. Founded in 1949, Ellab is a leading global

ECI and Livingbridge sell Reed & Mackay investment to Inflexion

ECI Partners (ECI) and Livingbridge have sold their investment in Reed & Mackay to Inflexion generating a multiple of 3.4x cost to investors. Reed & Mackay is a premium corporate travel management company delivering a personalised service through cutting edge technology. Its strategic travel management services focus on law firms,

Arlington Capital Partners closes oversubscribed fourth fund at hard cap of USD700m

Private equity firm Arlington Capital Partners has successfully closed its latest fund, Arlington Capital Partners IV, with total capital commitments of USD700 million, the Fund’s hard cap, and in excess of its target of USD575 million.  The fundraise, which was significantly oversubscribed, successfully reached its final closing three months of

HIG Capital completes investment in Italian shopping centre

An affiliate of private equity firm HIG Capital has completed an investment in the owner of the Buonvento shopping centre in Italy. The shopping centre comprises approximately 20,000 square meters and tenants include leading international and national retailers.  The asset, located in Benevento, is the leading shopping centre in its catchment

Preston Hollow Capital Hires capital markets team

Preston Hollow Capital (PHC), an independent specialty finance company, has hired municipal finance industry professionals Curtis Erickson, Peter Bianchini and Richard Akulich to form PHC’s Capital Markets Group. “This is an exciting milestone in establishing Preston Hollow Capital as a leading solution provider in municipal finance,” says Jim Thompson (pictured),

TA Associates makes new hires in Boston and Menlo Park

Private equity firm TA Associates has added to its investment team in the firm’s Boston and Menlo Park offices.  Michael Libert and Lee Mooney have rejoined the firm as Vice Presidents in Boston, while Sarah Wang has joined the firm as a Vice President in Menlo Park. “We are excited

NVM Private Equity exits Arleigh International with a 4.0x return 

NVM Private Equity (NVM) has exited from Arleigh International, a European supplier of static caravan accessories and spare parts to Nasdaq listed LKQ Corporation, a supplier of alternative and specialist parts to repair and accessorise cars and other vehicles.  The sale represents NVM’s fourth profitable exit from its portfolio in

Office catering platform City Pantry raises GBP1.1m for expansion

City Pantry, the fast-growing office catering platform, has raised over GBP1.1 million to grow its London operation and expand to new cities. City Pantry currently delivers more than 10,000 meals a week to offices in London, where its clients include Facebook, Buzzfeed and Deloitte. The service makes group ordering hassle free

Grant Davidson

Grant Davidson joins Muzinich private debt team

Corporate credit specialist Muzinich & Co has added to its UK private debt team with the recruitment of Grant Davidson (pictured) as Director. Davidson joins the firm from Investec where he was Senior Origination Director for growth and acquisition finance, responsible for the sourcing and execution of deals for UK

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