Middle market private equity fund River Associates Investments has held the final closing of its sixth investment fund complex. River VI, with USD222 million in commitments, exceeded its initial target of USD200 million and is more than twice as large as River V, which was a USD110 million fund. River

Smedvig Capital, the development capital house, has sold Ocean Outdoor, the leading operator of ‘Digital Out of Home’ advertising sites, to mid-market private equity house, LDC.   Over the last four years, Ocean has grown rapidly, increasing revenue more than 3 fold and become the clear leader in iconic, large

Vox Mobile, a leading provider of managed mobility solutions for the enterprise, has completed a USD7.5 million growth round of funding led by Edison Ventures, a New Jersey-based venture capital firm with a focus on expansion-stage, information technology companies. Edison limited partner, Permal Capital also participated in the financing round. Vox Mobile’s new financing will

The Resolute Fund II, an affiliate of The Jordan Company, has acquired VT Services, Inc (VT) from Babcock International Group Plc (Babcock), a UK based engineering services firm. Financial terms of the transaction have not been disclosed. VT is a provider of engineering and logistics services primarily in support of

Vista Equity Partners III, (Vista) has successfully closed Vista Equity Partners Fund IV (VEPF IV) at USD3.5 billion. The initial target of USD2.5 billion was exceeded due to exceptional LP demand. Vista now manages over USD6.6 billion of committed capital in its series of Private Equity Funds. VEPF IV has

Primary has backed the management buy-out of Leisure Pass Group Ltd (Leisure Pass) in a GBP35 million transaction from its shareholders. The deal represents Primary’s ninth investment from its current Primary III fund. Leisure Pass, based in London, is the world’s leading provider of smart card-based multi-attraction tourist passes and

Private Equity firm Avista Capital Partners is to acquire Top-Co Inc, a privately-held, designer and manufacturer of specialised casing cementing products used in the drilling and completion of oil, natural gas and geothermal wells. Top-Co serves a diverse global customer base comprised of E&P and national oil companies, multinational service

Kohlberg Kravis Roberts & Co has formed a partnership with Transparency International, the global anti-corruption non-governmental organisation. Ken Mehlman (pictured), Head of Public Affairs at KKR, says: “KKR is committed to responsible investing and believes that thoughtful consideration of environmental, social and governance (“ESG”) issues is a critical component of