Deals
Following receipt of regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF), Centaur has completed its purchase of Luxembourg Capital Partners SA and is now open for business in the Grand Duchy.
Centaur’s Luxembourg office will focus on servicing private equity and real estate funds and related corporate entities.
Centaur recently acquired Luxembourg Capital Partners, an existing administration firm, which provides a full suite of fund administration services to funds, family office and corporate vehicles. This acquisition brought Gerry Salucci and a team of experienced industry professionals to Centaur to spearhead the establishment and growth of Centaur
Antares and Varagon served as joint lead arrangers for a USD138 million senior secured credit facility to support the acquisition of ImageFirst Healthcare Laundry Specialists (ImageFirst) by Calera Capital Partners.
Founded in 1967 and headquartered in King of Prussia, PA, ImageFirst is a leading linen rental and laundry service company specialising in the healthcare market throughout the US.
“The Antares team committed to a large hold position and delivered the financing we required with speed and certainty,” says Ethan Thurow, a managing director with Calera Capital. “We look forward to continuing to work together to support ImageFirst’s growth both
McLarens, a global independent insurance services provider has secured an equity investment from Lee Equity Partners.
The transaction is expected to close no later than January 2019, subject to customary closing conditions. Financial terms of the transaction have not been disclosed.
McLarens employees will maintain a substantial ownership interest and the Company will continue to operate independently, focused on complex commercial insurance services and niche industry verticals.
“We are excited to begin our partnership with Lee Equity Partners,” says Gary Brown, McLarens’ Chief Executive Officer. “We selected Lee Equity as our investment partner due to a shared
MicroVest, a global impact investing asset management firm, has closed a USD20 million, five-year revolving credit facility with MetLife Investment Management to provide a redemption line to their flagship impact investment fund.
The credit facility will serve as a secondary source of liquidity for Limited Partners. The partnership will enable both organisations to increase their commitment to deep impact through financial inclusion. This investment represents MetLife Investment Management’s largest community investment to date.
The credit line enables MicroVest to better manage liquidity of the fund to deploy more capital, more quickly, to the places that need it the most. Per
Nexxus is to invest in Grupo Turistore, a retail company focussed on international tourism with more than 30 years of experience in the industry.
Grupo Turistore has 56 stores in Mexico’s main beach destinations and a broad product offering, with its main selling categories being handicrafts, clothing, pharmacy, liquor, and groceries.
The investment will be made through Nexxus VI once certain closing conditions are met, including the approval from Mexico’s Antitrust Authority, which we estimate to be granted by the end of November 2018.
Alta Growth Capital, a Mexican private equity fund with more than 10 years of
TIG Advisors (TIG) has acquired a minority interest in Romspen Investment Corporation (Romspen), an alternative credit manager focussed on North American real estate.
The firm is the manager of funds with assets under management of CAD2.5 billion, which provide first mortgage bridge lending to commercial real estate projects. Terms of the transaction were not disclosed.
As a strategic partner, TIG will work collaboratively with Romspen to help the firm achieve its business objectives – offering infrastructure, sales and marketing, and business development support within the US and internationally. This support will enable the Romspen team to continue to focus
Private equity firm Key Capital Partners (KCP) has sold its interest in MI Glass (MIG) to the management team in a multi-million pound deal backed by Clydesdale Bank.
The terms of the deal have not been disclosed.
Based in Smethwick in the West Midlands, MIG has a 75 year heritage of providing glass processing solutions to a number of industries including retail interiors, catering equipment and office designers throughout the UK and central Europe. With a 76-strong workforce, the company has 55,000 sq ft of dedicated manufacturing space at its Downing Street, Birmingham, premises and has recently opened a
HIG Bayside Capital (HIG Bayside), the special situations affiliate of HIG Capital, has sold its portfolio company, DiscoverReady to Consilio, a specialist in eDiscovery, document review, risk management, and legal consulting services.
Based in Charlotte, NC, DiscoverReady is a leading provider of end-to-end eDiscovery services including best-in-class offerings in managed review, processing, hosting and information governance. The Company supports corporations and multinational law firms on complex investigation, litigation and compliance matters.
HIG Bayside recapitalised the Company in 2014, and over the last four years has supported the Company’s significant investments in new service offerings, technology, and marketing. These investments
Frontier Capital (Frontier), a Charlotte-based growth equity firm focused exclusively on software and tech-enabled business services companies, has sold MultiLing, a provider of global intellectual property (IP) translation and support services, to Questel, a global online IP service provider.
Through its proprietary Savanta cloud platform that leverages digital workflow, artificial intelligence and a global network of 1000-plus linguists, MultiLing provides skilful, accurate, cost-effective patent translation services. The company serves the world’s most demanding and sophisticated patent filers in over 200 unique language pairs, and has translated over 1.6 billion words for its diverse client base of blue-chip corporations and law
Handshake, a career network for US college students, has closed a USD40 million Series C funding round led by the EQT Ventures fund (EQT Ventures), a European multi-stage VC fund.
This funding round also includes participation from leading social impact investors including The Chan Zuckerberg Initiative (CZI), Omidyar Network (Omidyar), and Reach Capital (Reach), among others. In conjunction with the funding, Alastair Mitchell of EQT Ventures is joining Handshake’s Board of Directors. Representatives from CZI, Omidyar, Reach and others will be joining a newly formed Impact Advisory Board to advise the company on better measuring and growing its social impact.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
