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Burton’s Biscuit Company signs sale agreement with OTPP

Burton’s Biscuit Company has signed a sale agreement with Ontario Teachers Pension Plan (OTPP). The sale process attracted interest from multiple high quality bidders, including from a number of private equity houses and trade companies.  The agreement with OTPP, a leading investor and Canadian pension fund, is testament to the

Gatemore launches service for PE-backed companies with underfunded pension funds

Gatemore Capital Management, the boutique investment advisory firm, has launched Gatemore Pension Advisory (GPA), a new service aimed at corporate sponsors of underfunded pension schemes.  GPA brings together experts across investment, actuary, regulatory, legal and accounting disciplines to serve as an advisory team tasked with identifying the most creative and

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Garth T Troxell joins Summer Street Capital Partners as partner

Garth T Troxell has joined Summer Street Capital, a Buffalo, New York-based private equity fund, as a partner.  Troxell will be actively engaged in all aspects of Summer Street's investment activities and portfolio management, and will lead Summer Street's investor relations efforts.    Troxell has a diverse experience base spanning

Stirling Square Capital Partners makes two new appointments to its investment team

Pan-European mid-market private equity firm Stirling Square Capital Partners has appointed Jonathan Heathcote as a partner and Matteo Nichil as an executive to the firm. Heathcote joins from Palamon Capital Partners where he was one of six partners responsible for the origination, execution and management of European mid-market investments, primarily

Eversheds fuels FleetCor’s fleet solutions deal

Law firm Eversheds has advised workforce payment solutions provider FleetCor Technologies on the acquisition of Epyx, a technology solutions provider to the fleet sector, from HgCapital. Epyx provides an internet based system and vehicle repair network to fleet operators in the UK. The company services approximately 9000 garages and automates

Olivier Sarkozy, Carlyle managing director and head of the financial services team

Carlyle to invest in Edgewood Partners Insurance Center

Funds managed by The Carlyle Group are to acquire a controlling equity stake in Edgewood Partners Insurance Center (EPIC), a retail insurance broker headquartered in California. Carlyle's investment will enable EPIC to continue to execute its organic growth strategy and support strategic acquisitions of complementary insurance distribution platforms throughout the

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Hershberg appoints partner to PE practice

Jared A Hershberg has joined Winston & Straw’s private equity practice as a partner in New York. Winston’s national private equity practice provides strategic advice and legal counsel to middle-market private equity funds, hedge funds, family offices, real estate funds, alternative asset managers, portfolio companies, and institutional investors.   Hershberg

NewSpring to acquire Wealthcare Capital Management

Wealthcare Capital Management is to be acquired by NewSpring Holdings, a private equity investment company located in Radnor, Pennsylvania. Wealthcare, a provider of goals-based wealth management technology and advisory services, will run as a standalone company out of its existing headquarters in Richmond, Virginia.   In its partnership with NewSpring,

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Bunker Hill Capital acquires Hubbardton Forge

Private equity investor Bunker Hill Capital has acquired Hubbardton Forge, a Vermont-based designer and manufacturer of branded hand-forged premium lighting fixtures. Hubbardton Forge focuses on the premium segment of the lighting fixture industry with products sold in the US and internationally through a network of over 1,300 accounts serving the

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Liberty Hall Capital Partners acquires Precise Machining & Manufacturing

Private equity firm Liberty Hall Capital Partners has acquired Precise Machining & Manufacturing, a supplier of highly engineered machined parts, kits and assemblies, and processing services to the global aerospace industry. Precise will serve as the foundational asset of Accurus Aerospace Corporation, which has been formed by Liberty Hall to

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