Benihana, the US chain of Japanese theme and sushi restaurants, has been acquired by funds advised by the private equity group of Angelo Gordon. Each outstanding share of Benihana common stock was acquired for USD16.30 per share in cash, valuing the acquisition at approximately USD295m. The company is now a
Hastings Funds Management has appointed new members to its European infrastructure investment team. Oliver Schubert joins the European infrastructure equity team as director infrastructure with more than 14 years’ experience as a senior infrastructure investment professional. He is fluent in German and French and is based in London. Previously
Actis, the pan-emerging markets private equity firm, has invested USD40m in AGS Transact Technologies, an ATM outsourcing and payments company based in India. Founded by entrepreneur Ravi Goyal in 1992, AGS manages a network of 10,000 ATM machines across India for banking clients, as well as supplying specialised equipment and
Private equity firm TA Associates has added to its investment staff in its Boston and Menlo Park offices. Ethan K Liebermann and Emily C McGinty have rejoined the firm as vice presidents in the healthcare and consumer group in Boston. Jason S. Mironov has joined the firm as a vice
Morgan Joseph TriArtisan has appointed Stephen Robb, a 20-year Wall Street veteran in investment banking and M&A advisory, as a managing director in the firm’s consumer, retail and leisure investment banking practice. “Steve’s broad background and experience will be a valuable addition to our firm’s mid-market practice in the key
Rutland Partners, a turnaround and restructuring investor, has sold NoteMachine, an independent automated teller machine (ATM) business in Europe, to funds managed by private equity firm Corsair Capital and NoteMachine’s management, who are retaining a significant shareholding in the company. Founded in 2006 by chief executive Peter McNamara, NoteMachine operates
US and China-focused venture capital firm GGV Capital has raised USD625m for its fourth venture capital fund. The fund is comprised of USD520m and RMB650m (the Chinese currency equivalent of approximately USD105m). GGV’s Fund IV exceeds the size of the firm’s USD610m Fund III, which was raised in 2007. Total
Axel Springer Digital Classifieds, a strategic partnership between Axel Springer and the global growth investor General Atlantic founded in the spring of 2012, has signed an agreement to acquire allesklar.com, which operates Germany’s local portal meinestadt.de. The company is being sold by the founding Stegger family (56.1 per cent) and
New York-based private equity firm Lightyear Capital, has acquired Healthcare Benefit Solutions from Fidelity National Information Services (FIS) in a deal worth USD335m. “FIS has built a market leading position in healthcare account processing and payment services, and this business continues to perform very well,” says Gary Norcross, president and
AXA Private Equity, a European diversified private equity firm, has acquired Riemser Arzneimittel, an international specialty pharmaceutical company headquartered in Greifswald, Germany. AXA Private Equity has acquired the shareholdings of Riemser’s founding Braun family and those of various minority stakeholders, including TVM Capital. The completion of the transaction remains subject
12 November, 2026 – 5:00 pm
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12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
