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Intelligence

Fircroft appoints non-executive director

Fircroft Engineering Services, a provider of technical recruitment services backed by Equistone Partners Europe, has strengthened its board with the appointment of Philip Gore-Randall as a non-executive director. Gore-Randall (pictured) brings almost 40 years of international experience to the board. He started his career at professional services firm Andersen, working

IPOs outperform FTSE100 over 2011-2012

The share price of companies undertaking recent IPOs on London’s Main Market in the past two years have outperformed the FTSE100 overall, according to research from Deloitte, the business advisory firm. Deloitte’s IPO Barometer shows the share price of 10 Main Market trading company IPOs that occurred in 2011 and

Infrastructure

Alex Black named a partner of Alinda Capital Partners

Infrastructure investment firm Alinda Capital Partners has appointed Alex Black as a partner with responsibility for the implementation of operational improvements for the firm’s portfolio companies. Black joined Alinda in 2008 to lead portfolio management and, prior to this announcement, he was a managing director in the firm.   He

Poland

Panattoni Europe sells Polish logistics assets to affiliates of LogiCor

Panattoni Europe has disposed of two portfolios of logistics assets located in Poland, totalling 402,000 sq m of space, to affiliates of LogiCor, the pan-European logistics platform established by real estate funds managed by affiliates of The Blackstone Group.   The first transaction closed in October 2012 and consisted of four

Irish flag

Silicon Valley Bank appoints relationship manager for Ireland

Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, has appointed Andrew Hunter as relationship manager with its UK branch to spearhead its new business efforts in Ireland. Hunter currently works within Silicon Valley Bank’s accelerator and growth group based in London,

Blackstone acquires majority stake in Maldivian Air Taxi and Trans Maldivian Airways

A private equity fund managed by Blackstone on behalf of its private equity investors has acquired a controlling interest in two Maldives-based seaplane operators – Maldivian Air Taxi (MAT) and Trans Maldivian Airways (TMA). Following the transaction, Lars Erik Nielsen (founder of MAT), Lars Petré and Hussain Afeef (majority shareholders

Altium partners with Indian firm Allegro

International investment bank Altium has formed a partnership with Allegro Advisors, a full service investment bank in India. The partnership will strengthen Altium’s global presence and provide the firm’s clients with access to a strong international M&A advisory network. Allegro provides a range of services including M&A, capital raising, debt

Bain Capital completes acquisition of Apex Tool Group

Bain Capital Partners has completed the acquisition of Apex Tool Group, a tools manufacturer. The purchase from Danaher Corporation and Eaton was valued at approximately USD1.6bn. Apex Tool is one of the largest global producers of industrial hand and power tools, tool storage, drill chucks, chain, and electronic soldering products

Chase Templeton attracts Palatine investment

Chase Templeton Group, one of the UK’s largest private medical insurance (PMI) specialist intermediaries, has secured investment from Palatine Private Equity. Chase Templeton was founded in 2002 by Kevin Amphlett and is the major consolidator in the PMI broker sector having undertaken 10 acquisitions over the past few years. The

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