Manchester-based Palatine Private Equity has backed the management buyout of the amusement and gaming division of Midlands-based Inspired Gaming, in a deal introduced by Clearwater Corporate Finance. The deal is the second investment from Palatine’s Fund II. As part of the deal, the amusement and gaming division of Burton-upon-Trent-based Inspired

First Reserve is celebrating its 30th year in global energy investing, making it the oldest and largest global private equity firm exclusively focused on energy. Having begun their careers in energy investing in the early 1970s, William "Bill" Macaulay (pictured) and John Hill co-founded First Reserve in 1983 with the

Mid-market private equity firm CBPE Capital has sold Rosemont Pharmaceuticals to Perrigo, the USD10bn US listed pharmaceuticals business. CBPE acquired Rosemont in August 2006 for GBP93m. The sale to Perrigo represents an investment multiple of 3.25x CBPE’s GBP52m equity investment over the investment period for CBPE’s investors.   Rosemont develops,

Cleantech investment specialist MTI Partners has completed a GBP2m investment round in Oxford Photovoltaics (OPV), an Oxford University spin-out materials/cleantech company commercialising solid-state dye sensitized solar cells for the building integrated photovoltaic (BIPV) sector. These new, transparent solar cells can be produced from inexpensive, abundant, non-toxic and non-corrosive materials and

Salvepar, an investment company which is 92 per cent owned by the Tikehau Group, has sold three of its holdings. Salvepar conducts an active policy of minority and medium-term shareholding acquisitions in listed and non-listed companies. The firm has accepted a firm and binding offer for its entire shareholding in

EQT IV has signed an agreement with an affiliate of Sun European Partners, the European adviser to Sun Capital Partners, to sell BTX Group. BTX is a wholesaler comprised of five brands: Brandtex, Jensen Women, Signature, Imitz and Ciso, all of which have their own identity, addressing various sub-segments of

The London office of international legal practice Norton Rose has advised UBM on the proposed GBP160m disposal of certain parts of its data services business to Electra Private Equity Partners. UBM’s proposed disposal of its data services business consists of five divisions: Aviation, Global Trade, Medica, RISI and Tech Insights.

Bacchus Capital Management, a San Francisco-based private equity firm providing strategic capital in the wine industry, has made a follow-on investment in Wine by Joe, one of Oregon’s largest wine producers. This capital infusion enables Wine by Joe to further expand its national and international distribution, as well as build

Private equity firm Paine & Partners and the Costa Group are to acquire Adelaide Mushrooms. Completion is subject to customary conditions. Financial terms of the transaction have not been disclosed. Under the terms of the agreement, Costa will acquire all of Adelaide Mushrooms’ assets, including its state-of-the-art Monarto production complex

The North West Fund for Digital & Creative, managed by AXM Venture Capital, has led an equity investment of GBP250,000 into Gateway 3D, alongside a personal investment from its new chairman. Gateway 3D is a fast-growing software and solutions vendor, providing an integrated 3D visualisation and e-commerce solution for the