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Intelligence

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VMG Partners promotes Jarom Fawson to principal

Private equity firm VMG Partners has promoted Jarom Fawson to principal. Fawson joined VMG in 2012 as a vice president with significant experience in corporate finance and has since worked on sourcing new investment opportunities, due diligence, deal execution and portfolio company oversight.    He oversees the firm's current investment

Albion Ventures invests in Egress Software Technologies

Albion Ventures has made an investment of GBP2.2m in Egress Software Technologies, a provider of on-demand Cloud-based email and file encryption services to organisations in the public and private sectors. Established in 2007, Egress launched its SaaS-based information security platform, Egress Switch, in 2009.   Since its launch, Switch has

Picture of gas distribution pipework

KKR expands infrastructure and energy team in Asia

KKR is further expanding its global energy and infrastructure business in Asia with the appointment of Tony Schultz as managing director in Sydney. Ash Upadhyaya, a director on KKR’s energy and infrastructure team in the US who joined KKR in 2011, will relocate to Singapore.   “KKR aims to create

Proception Medical partners with PE fund

Proception Medical, a medical device incubator, has partnered with a private equity fund to seek and evaluate private investment and buy-out opportunities in the orthopaedic and medical device industries.  Members of Proception Medical will be attending the Annual American Academy of Orthopaedic Surgeon Meeting in New Orleans next week to

Wind farm

CMS Hasche Sigle advises Capital Stage AG on 10 per cent capital increase

Law firm CMS Hasche Sigle has advised Hamburg-based Capital Stage AG on a 10 per cent capital increase. The company has acquired photovoltaic plants and wind farms in Germany and Northern Italy with a capacity of around 241 megawatt peak (MWp) since 2009, making it one of the largest independent

Oil rig

Follow-on funding from Maven allows Glacier Energy Services to make further acquisition

Maven Capital Partners has provided further finance to existing investee company Glacier Energy Services to support the acquisition of Professional Testing Services (PTS). The deal will see Maven, alongside co-investment partner Simmons Parallel Energy Fund, invest an additional GBP3.25m into Glacier.   Glacier is an international oil and gas service

Versa Capital affiliate acquires BridgeStreet Global Hospitality

An affiliate of Versa Capital Management has acquired Bridge Street Global Hospitality, a serviced apartment specialist with than 50,000 locations in 60 countries.  The investment, which follows on the heels of BridgeStreet's recent rebranding and international growth, will elevate BridgeStreet's presence and create new opportunities for development projects and long-term

Riverside Company exits Arena investment

The Riverside Company has sold its stake in Italian competitive swimwear company Arena. Riverside acquired Tolentino, Italy-based Arena in 2010 and immediately sought to develop its presence in international markets.   During Riverside’s hold period, the firm helped Arena increase its sales and EBITDA and deepen its presence in international

SEI expands regulatory solution

SEI has expanded the regulatory component of its operating platform, adding technology and process enhancements that enable managers to streamline the regulatory filing process. SEI's Investment Manager Services (IMS) division is a global supplier of customised operating infrastructure and services to investment organisations, representing more than USD13trn in assets under

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