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New PE firm Plus2 Capital closes debut fund

New private equity firm Plus2 Capital has held the closing of its first fund. The firm’s founding partners, Nathaniel Broughton and Brandon Laughridge, recently formed Plus2 after completing multiple acquisitions in Southern California in partnership with Succession Capital, a division of Lynx Equity Limited. “Plus2 Capital is our opportunity to

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HIG Capital Affiliate completes recapitalisation of Fox River Fiber

Global private equity firm HIG Capital has completed the recapitalisation of Fox River Fiber. Fox River will be combined with Rolland Enterprises Inc. (“Rolland”), a market leader in the production of recycled fine papers and security papers, which was acquired by an HIG affiliate in 2014. Headquartered in De Pere,

K2 Capital Partners fund targets lower middle market investment opportunities

K2 Capital Partners has held the final closing of its debut fund. Investors include leading investment institutions, family offices, and high net worth individuals. K2 Capital Partners is targeting well-established, profitable lower middle market companies with sales between USD10 million and USD40 million operating in growing industries. The firm’s strategy

Stanhope Capital enhances PE offering

Stanhope Capital, the global investment office, is adding significant resources in private equity to address growing client demand for further investments in this area.  Edward Clive, a Senior Director within the firm’s investment research department, has been appointed Head of Private Funds. He previously worked at Lazard and Vantage Group,

ARX Equity Partners acquires Slovenian Healthcare Provider

ARX Equity Partners, together with experienced healthcare investor Joseph Priel, has completed the 100% buy-out of Slovenian healthcare services provider, Diagnosticni Center Bled doo (DCB). Details of the transaction have not been disclosed.  DCB is the largest private healthcare service provider in Slovenia. The Company provides comprehensive outpatient and inpatient

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Tourism in Egypt boosted by USD1 billion investment fund

A USD 1 billion sector focused private equity fund underwritten by Cairo Financial Holding is behind a plan to revive the tourism sector in Egypt, battered by four years of turmoil and instability.   Tourism revenues have dropped by 55 per cent over the past four years, but the return of

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NetBase secures additional USD24m in series E funding

NetBase, a social media analytics company, has completed a new round of growth funding with USD24 million in Series E financing led by new investor Spring Lake Equity Partners. Also participating in the financing were long-time investors Thomvest Ventures, Altos Ventures, and WestSummit Capital. NetBase will use this additional funding

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