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Intelligence

Salvepar invests EUR25m in Neoeness

Salvepar has invested EUR25 million in equity and convertible bonds of France-based health and fitness gym provider Neoness alongside the two founders, Céline Wisselink and Marie-Anne Teissier, who stay in control of the company. Neoness is the first French fitness network to offer competitive prices (standard offer at EUR10 per

Monroe Capital supports Dominus Capital’s acquisition of Complete Nutrition

Monroe Capital acted as sole lead arranger and administrative agent on a USD25.1 million senior credit facility to support the acquisition of Complete Nutrition by private equity sponsor Dominus Capital. Based in Omaha, Nebraska and founded in 2005, Complete Nutrition is a distributor of high-quality nutritional supplements and franchisor of

HIG Capital portfolio company Eletromidia acquires DMS and TOTS

HIG Capital, LLC (“HIG”), a leading global private equity investment firm with $19 billion of equity capital under management, is pleased to announce that its portfolio company Eletromidia, a portfolio company of HIG Capital, has completed strategic investments in DMS Publicidade Mídia Interativa (DMS) and Telefónica On The Spot Soluções

HIG Capital completes sale of Big Tex Trailers

Private equity firm HIG Capital has sold its portfolio company, Big Tex Trailers – a manufacturer and retailer of professional-grade open utility trailers and truck beds – to Bain Capital Private Equity. HIG recapitalised the company in 2012 alongside founder and former owner Ricky Baker. Since then, the company has

Target Partners chalks up most active investment year

German technology investor Target Partners posted the most active year for investment in 2015 since the founding of the firm in 1999, putting EUR25 million to work in 17 financing rounds for tech startups. New portfolio firms included Dedrone (drone protection, Kassel), Swarm64 (database acceleration, Berlin and Oslo), Sicoya (silicon

Spire Capital Partners promotes Kerri McNicholas to VP

Private equity firm Spire Capital Partners has promoted Kerri McNicholas to Vice President following what the firm describes as ‘two and a half years of exceptional contributions to the Spire investment team’.  Most notably, McNicholas was a critical deal team member that was relied upon heavily as new investments were

Relay Ventures Funds acquire securities of Axios Mobile Assets Corp

Relay Ventures Fund III and Relay Ventures Parallel Fund III have acquired over 6,666,667 units of Axios Mobile Assets Corp at a purchase price of CAD0.90 per unit on a private placement basis. Relay Ventures Fund III acquired 6,366,367 units and Relay Ventures Parallel Fund III acquired 300,300 units. Each

OrbiMed Launches USD950m VC fund

OrbiMed has held the closing of its next venture capital fund, OrbiMed Private Investments VI, LP, with USD950 million in limited partner commitments. Investors in the fund include some of the preeminent medical research institutions globally, along with leading endowments, foundations and sovereign wealth funds.   Consistent with its predecessor

Eolus acquires two wind power projects in the United States

Eolus has, through its subsidiary Eolus North America, acquired two wind power projects under development in the state of Nevada. The transaction means that Eolus will acquire 100 per cent of the shares in the US companies Crescent Peak Renewables LLC and Comstock Wind LLC for the sum of 50 000

Delphinus appoints two new board members

Delphinus Medical Technologies has added two new senior-level advisors to its Board of Directors. With more than 35 years of combined experience with emerging healthcare innovators, John Neis and Michael Fulton, MD, will help guide the company as it develops commercialisation plans for SoftVue, the firm’s whole breast ultrasound system

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