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Intelligence

Private equity firm MarginXL Capital teams with SAS

Private equity firm MarginXL Capital Partners has been accepted into the SAS Alliance, a programme that seeks to establish relationships with key industry, solutions and specialised implementation partners of SAS software and solutions. MarginXL Capital seeks to address a sizeable gap in middle market operational private equity investing, namely to harness

Smaller M&A deals pay far superior premium

Ultra-low interest rates are encouraging a rebound in mergers and acquisitions (M&A), with premiums on deals for small and medium-sized companies far outstripping larger transactions, according to Allianz Global Investors. Companies, buoyed wider-spread optimism of an improving economy, are looking to put cash to work externally while business valuations are

Arma Partners advises Geo Networks on sale to Zayo Group

Arma Partners has acted as exclusive financial adviser to the shareholder of Geo Networks, a London-based dark fibre provider, on the company’s sale to Zayo Group, an international provider of bandwidth infrastructure. Founded in 2002 by Jonathan Watts and Chris Smedley, Geo owns and operates a high capacity fibre network

Talis Capital adds modern handy bulk carrier to Blueline fleet

Talis Capital has made another addition to the Project Blueline fleet, with the acquisition of a 2010 built, 24,000 DWT handysize bulk carrier. The second vessel acquisition of 2014 brings the Blueline fleet to a total of five vessels with over 67,000 deadweight tonnage.   The addition of this larger

Propel Equity Partners acquires assets of Summit Products

Propel Equity Partners, a private equity firm focused on investing and creating value in consumer brands, has acquired substantially all of the assets of Summit Products. The assets of Summit Products, which include Backyard Safari, Zillionz, Covert Force, Test Pilot and Stink Bugzzz brands, will be incorporated into the Alex

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MBA & Company raises GBP800,000 from MMC and Piton Capital

MBA & Company has raised GBP800,000 from existing investors MMC Ventures and Piton Capital, taking the company’s total funding to over GBP2m. MBA & Company’s service is an alternative to traditional hiring of interims and consultancies, by providing a marketplace that connects businesses of all sizes to a vetted pool

Novak Djokovic and Billie Jean King invest in USD3.5m PlaySight Series B funding

PlaySight Interactive has completed a USD3.5 million investment round from high-profile private investors including Novak Djokovic, Billie-Jean King and Wall Street legend Bill Ackman alongside D5 Capital.  The new capital will fund a global roll-out of PlaySight’s SmartCourt technology for recreational and elite tennis, as well as research and development

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Virtusa and Investor Analytics offer AIFMD reporting for hedge funds and alternative managers

IT service company Virtusa Corporation’s CSalt solution now integrates with Investor Analytics’ risk platform to streamline and simplify Alternative Investment Fund Managers Directive (AIFMD) Annex IV reporting. Both companies are committed to easing the burdens of alternative investment advisors and those that support them, and this integration will give alternative

King Parallel Consulting and Sodali form strategic partnership

King Parallel Consulting and Sodali Ltd have formed a strategic partnership to deliver shareholder response services to Chinese companies in the Greater China Region, including mainland China, Hong Kong and Macau. The services will mainly focus on corporate governance, strategic advice to boards and executive management, shareholder response advisory and

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BDO makes new financial services hire

Accountancy and business advisory firm BDO has appointed Chris Bellairs as partner within the financial services practice.  Bellairs has over 16 years' experience as an auditor and adviser across the Financial Services industry.   He joins BDO from PwC, where he led the insurance and investment management internal audit advisory

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