Deals
Clearwater International UK has advised market leading tile specialist Domus on its sale to Europe’s largest floor coverings distributor Headlam plc.
With over 50 years’ experience, Domus provides specification consultancy and supplies tiles, engineered flooring and other hard surfaces to premium commercial and residential construction projects in London and the South East. These include Europe’s biggest single development project at Battersea Power Station, Heathrow Terminal 5 and Wembley Stadium. The business employs 151 staff and has generated turnover over GBP30 million (EUR34 million).
Listed on the London Stock Exchange, Headlam generates sales of over GBP700 million (EUR784 million), and
Epidarex Capital (Epidarex) portfolio company Harpoon Medical (Harpoon), a pioneer in beating-heart repair for degenerative mitral regurgitation (DMR), has been acquired by Edwards Lifesciences for up to USD250 million.
Under the terms of the merger agreement, Edwards paid USD100 million in cash for Harpoon at closing on 1 December, 2017 with a potential for up to an additional USD150 million in pre-specified milestone-driven payments.
Epidarex was among Harpoon’s earliest supporters, funding the development of the company’s core technology shortly after it was spun-out of the University of Maryland, Baltimore (UMB). Epidarex led the Series A funding. As part of
Churchill Asset Management (Churchill), a provider of senior and unitranche debt financing to middle market companies, has closed its second structured debt investment offering, a USD340 million collateralised loan obligation fund (CLO) named TIAA Churchill Middle Market CLO II Ltd.
This follows TIAA Churchill Middle Market CLO I Ltd, a USD382 million transaction, which closed in September 2016 and the more recent final closing of the Churchill Middle Market Senior Loan Fund, LP (and related investment vehicles) with over USD1.1 billion in committed capital in November 2017.
“We are encouraged by the positive response from investors to our second
IWSC Group has rebranded as The Conversion Fund in a move the firm says more accurately reflects the nature of the company as a private investment vehicle, partnering with entrepreneurs and innovative management teams to drive sustainable value.
With expertise in acquiring, incubating and growing businesses that span sectors in food, beverage, performance & arts, creative & media and exhibitions & networking, the rebrand places the company at an exciting intersection of acquisition.
The Conversion Fund looks to combine inspirational management, creative mindsets, and a disciplined approach to business planning, in order to disrupt existing business models in the
Lawyers from Carey Olsen’s corporate and finance group in Guernsey have advised longstanding client, Inflexion Private Equity (Inflexion), on its minority investment in Radius Payment Solutions (Radius), a leading fleet payments and telematics provider.
Inflexion has invested GBP150 million in Radius, with the deal valued at GBP800 million, through its Partnership Capital Fund. Its investment will support Radius’ continued organic growth whilst helping to accelerate sales worldwide.
Partner Andrew Boyce led the Carey Olsen team advising Inflexion on all the Guernsey legal aspects of the deal and associated finance facility, with assistance from associates Rachel de la Haye and
Kirkland & Ellis International is advising Vitruvian Partners on the acquisition of Technogroup IT-Service. The transaction is still subject to the approval of the antitrust authorities.
Vitruvian Partners is an independent pan-European private equity firm which specialises in ‘dynamic situations’ – investments in companies undergoing rapid growth and change. Vitruvian has total assets under management of approximately EUR5 billion and offices in London, Munich, Stockholm, Luxembourg and San Francisco.
Technogroup is a third party maintenance (TPM) player in the DACH region. It provides insurance-like technology maintenance services and additional value-add services for IT systems in data centres in its
LiveHire Limited, a Live Talent Community software platform providing an enterprise scale, human-cloud hiring ecosystem across entire industries, has received firm commitments to raise USD20 million via a placement to institutional and sophisticated investors.
The Placement will comprise of approximately 19.05 million shares (Placement Shares) at a price of USD1.05 for each Placement Share. This price represents a 2.1 per cent premium to the Company’s 15-day volume weighted average price (VWAP). The Placement Shares will rank equally with existing ordinary shares.
The Placement is expected to be completed within 5 business days and will be issued without disclosure under
Funds advised by Equistone Partners Europe (Equistone) have agreed to acquire two prefabricated home manufacturers Bien-Zenker and Hanse Haus from Munich-based industrial holding company ADCURAM Group AG.
The financial terms of the deal, which is subject to competition and regulatory approval, have not been disclosed.
Both based in Germany, Bien-Zenker and Hanse Haus design, manufacture, sell and build prefabricated homes in Germany, Switzerland and the UK. The companies’ three renowned brands – Bien-Zenker, Living Haus and Hanse Haus – offer customers bespoke home-building programmes ranging from ‘entry level’ products, which include self-build options, to more luxurious residences. Together they
NGDATA has raised just over USD19 million in Series C funding. HPE Growth Capital led the round with participation from existing investors including Idinvest Partners, Pamica, SmartFin Capital, Capricorn Venture Partners and Nausicaa Ventures.
This latest investment comes on the heels of tremendous momentum for the company. In January 2017, NGDATA closed a USD9.4 million funding round and experienced record business, customer and product revenue growth. Its May 2017 acquisition of Eccella added valuable data management expertise and expanded the company’s global footprint across North America, Europe and Asia. NGDATA also made significant updates to its next-generation customer data platform, Lily, adding new Attribution and out-of-the-box Next Best
Middle market private equity firm One Equity Partners has completed its investment in OneLink, a provider of business process outsourcing (BPO) services. The existing management will retain significant ownership in the business following OEP’s investment.
Financial terms of the private transaction have not been disclosed.
OneLink serves North and Latin American clients in the consumer, telecom, technology, and travel and leisure sectors from 12 state-of-the-art delivery centres in El Salvador, Nicaragua, Colombia and Guatemala. The Company’s 8,000-plus employees provide an integrated portfolio of BPO services, including customer relationship management, sales, technical support, finance and accounting, logistics, supply chain and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
