Actis, the pan-emerging markets private equity fund, has led a consortium in the USD434m, 100% management buy-out of Tracker, South Africa’s largest vehicle tracking company. The transaction, which was announced today, sees Remgro dispose of its interest in Tracker to Actis while FirstRand restructures its investment to include RMB. The

The volume and value of deals completed during the first nine months of 2011 in the lower mid-market investment space has increased year on year for the past three years, according to research from Lyceum Capital and Cass Business School. Data from The UK Growth Buyout Dashboard – a quarterly

Carey Olsen has been involved in an acquisition deal to buy AIM-listed company Indian Energy Limited (IEL) by Infrastructure India plc. Indian Energy is currently one of the leading independent power producers in India and operates a wind farm in Karnataka and one in the state of Tamil Nadu. Infrastructure

Private equity firm KPS Capital Partners has acquired substantially all of the assets of United Copper Industries, an affiliate of Organizacion IUSA, S.A. de C.V. (IUSA), through a newly formed company, UCI or United Copper. Financial terms of the transaction have not been disclosed. UCI is a leading manufacturer and

Albion Ventures has sold The Place Sandwich VCT Limited, the owner and operator of the 37-bedroom Bell Hotel in the medieval Cinque Port town of Sandwich, to Shepherd Neame Limited, Britain’s oldest brewer, for GBP3.6 million. Funds managed or advised by Albion Ventures backed the acquisition of the historic hotel

Vision Capital has announced a partnership with Speyside Equity (Speyside), a Philadelphia-based private equity group, to acquire investments in its portfolio of two companies. The transaction remains subject to customary regulatory clearances. Vision Capital will acquire a majority stake in German-based United Initiators and a minority stake in US based

Compass EMP Funds has closed a private equity offering to secure growth capital. The offering was fully subscribed and proceeds will be used to accelerate the nationwide marketing and distribution of the Compass EMP Mutual Funds to financial advisors and their broker-dealer platforms. "We are excited to partner with this

Mid-market private equity firm Palamon Capital Partners is to sell portfolio company SAV Credit to Värde Partners in a transaction valued at GBP472 million. The transaction is subject to competition clearance.   Palamon has supported the development of SAV from its founding by entrepreneur Richard Langstaff in 2002 to being the UK’s