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Intelligence

WestBridge supports Vista Retail Support secondary buyout

The senior management team of Vista Retail Support has completed a management buyout of the business, with the support of private equity house WestBridge Capital. The secondary buyout was valued at GBP12.3 million.   This deal sees a majority shareholding being acquired by the existing senior management led by managing

Nordic Capital Fund VIII acquires Euroline

Nordic Capital Fund VIII is to acquire Euroline, a provider of card acquiring solutions with a strong market position in eCommerce. Euroline is a provider of quick and secure card acquiring solutions in Scandinavia with a strong market position in eCommerce and Nordic retail.    Euroline has built a portfolio

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Chris Wade joins Octopus

Chris Wade, a veteran entrepreneur and the UK Trade and Investment’s (UKTI) adviser on venture capital, is to join the ventures team at Octopus as strategic adviser. In this new role, Wade will be working with the ventures team, and its portfolio companies, looking to break into Asian markets.  

Inovio Pharmaceuticals subsidiary sells animal health assets

VGX Animal Health, a 90 per cent-owned subsidiary of Inovio Pharmaceuticals, has sold its animal health assets to Plumbline Life Sciences (PLS) of Korea. The assets being transferred include an exclusive license with Inovio for animal applications of its growth hormone-releasing hormone (GHRH) technology and animal DNA vaccines plus a

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ADAM sees successful fund exits average near 30 per cent IRR

An investment fund into which AIM-quoted Adamas Finance Asia (ADAM) invested USD500,000 in early April has exited from a Chinese investment for the second time in four weeks, this time achieving an IRR of 27.26 per cent. The investment in both projects was made by the BRJ China Credit Fund

FF&P Private Equity invests in ticketscript

FF&P Private Equity has invested in European self-ticketing solution ticketscript, which has offices in London, Amsterdam, Antwerp, Barcelona and Berlin. Since its launch in 2006, it has worked with over 70,000 events across Europe, and sold over 11 million tickets for its clients.    FF&P Private Equity will be investing

FNEX names Chris Nelson chief technology officer

Alternative investment and private securities marketplace FNEX has appointed Chris Nelson as the company’s chief technology officer.   In this role he will oversee overall company operations, systems and platform development.   Nelson brings over 18 years of experience in technology. He joins FNEX from Delivra where he was director

Pacific Equity Partners sells Peters Food Group to R&R Ice Cream

Funds advised by Pacific Equity Partners (PEP) have sold Peters Food Group, one of Australia’s oldest consumer businesses, to R&R Ice Cream backed by funds advised by PAI Partners. The terms of the deal have not been disclosed.   Under the agreement, R&R will acquire Peters, with its portfolio of

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