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Managers

Fiona Le Poidevin, CISE

CISE set to rebrand as TISE

The Channel Islands Securities Exchange (CISE) is to rebrand as The International Stock Exchange (TISE) from early March. The Exchange, which is headquartered in Guernsey and opened an office in Jersey in 2015, will also launch a presence in the Isle of Man next month. Jon Moulton, Chairman of the

Mourant Ozannes BVI advises on USD740m acquisition of Russian tech company

Mourant Ozannes BVI has advised MegaFon, a Russian telecommunications company, on its USD740 million acquisition of a controlling stake in Mail.Ru Group, the internet and social media group. Mail.Ru was acquired from USM Holdings, MegaFon's controlling shareholder.    Cleary Gottlieb acted as onshore counsel to MegaFon.   MegaFon has acquired

DPI exits investment in CAL Bank and sells stake to Arise

Africa-focused private equity firm DPI’s ADP I Fund has sold its 27.7 per cent shareholding in CAL Bank in Ghana to Arise, a financial services investment company whose major shareholders are Norfund, Rabobank and FMO. The deal is due to complete on 14 February 2017.   CAL Bank is one

Sovereign backs MBO of insurance brokerage Arachas

Sovereign Capital is to back the management buy-out of Arachas Corporate Brokers, an insurance brokerage operating in Ireland. Sovereign will work with the management team to further grow and develop the business through a strategy of buy and build.   The transaction is subject to approval from the Central Bank

Calera Capital acquires majority stake in Evans

Middle market private equity firm Calera Capital has acquired a majority stake in the Evans Network of Companies, a provider of intermodal and other trucking services through a non-asset based agency model. Bo Bates, Evans’ CEO, the Evans family and management will retain a significant equity interest in the business.

Mourant Ozannes advises on privatisation offer for China Nepstar

Mourant Ozannes has acted as Cayman Islands counsel for the buyer group in connection with the take-private of China Nepstar Chain Drugstore, a Cayman Islands exempted company formerly listed on the New York Stock Exchange. The take-private was effected by way of a Cayman Islands statutory merger, pursuant to which

PE-backed Verdant Leisure acquires seventh leisure park

Palatine Private Equity-backed holiday park group Verdant Leisure has acquired its seventh leisure park. Crosslaw Caravan Park in the Scottish Borders is the third holiday park purchase in the last nine months for the bespoke leisure park operator.   The park will be renamed Coldingham Bay Leisure Park with immediate

Shard Capital Partners launches VC fund in Ireland

Shard Capital Partners has held the first closing of the Suir Valley Venture Fund of Suir Valley Funds ICAV, the first Irish focused venture capital fund in Ireland that uses a regulated fund with a fully regulated Alternative Investment Fund Manager (AIFM).  The fund invests in early stage software companies

Cloud Direct acquires fifth IT business in 20 months

Cloud solutions provider (CSP) Cloud Direct has acquired Connect Support Services, following hot on the heels of its January acquisition of AOG Group, a Microsoft gold partner for hosting and communications. In previous months, Cloud Direct acquired Redblade in July 2016, ihotdesk in December 2015 and Datel Business Systems in June 2015.   The acquisition of Connect

First Allied assists Lifestyle Financial Advisors in merger

One of First Allied Securities’ affiliated independent financial advisory firms, Lifestyle Financial Advisors, has completed the merger of the Laura A Nagle independent advisory practice into its organisation. Nagle, a 35-year industry veteran, has joined Lifestyle with more than USD167 million in client assets, as of 31 October 2016.  

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12 November, 2026 – 5:00 pm

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