Private equity fund manager YFM Equity Partners, alongside private co-investors, has backed the management buyout (MBO) of Ferrabyrne. YFM's funding includes the second investment from its new YFMEP 2016 Fund, which held a first close in June.    Ferrabyrne designs, develops, manufactures and services systems and components, including rubber and metal for global customers in the rail, commercial vehicle and energy generation industries. Its key products include suspension components for passenger and freight rail vehicles and heavy-duty trucks, as well as components for wind turbines.   Ferrabyrne has 73 employees working at its headquarters in Littlehampton and across the globe.  

In the third quarter of 2016, Israeli private equity deal-making rose to USD1.7 billion in 18 deals, the highest quarterly amount in the past two years. The amount was 32 per cent above the USD1.3 billion reached in the previous quarter and over four times the USD358 million achieved in the third quarter of 2015.   The number of deals was the same as in the last quarter, but slightly down from the 22 deals quarterly average of the past five years.   While the Q1-Q3/2016 period in Israeli private equity can be viewed as having the best performance in

The number of European private equity-backed deals declined during the summer holiday period, down 15.1 per cent to 309 transactions in Q3 2016 from the 364 transactions seen in the previous three months. This is according to preliminary figures from the Q3 2016 Private Equity Barometer, published by unquote” in association with SL Capital Partners.   The combined deal value also decreased by 23.5 per cent.   The average deal value in the third quarter (EUR80 million) was 9.9 per cent lower than that of the second quarter (EUR88 million).   Overall the year to Q3 2016 witnessed total deal

JMP Group, an investment banking and alternative asset management firm JMP Group, is partnering with investment bank with Bryan, Garnier & Co on the origination and execution of cross-border mergers and acquisitions, strategic advisory mandates and public and private capital-raising transactions. The alliance will operate under the common brand of JMP Bryan Garnier.   JMP Securities and Bryan, Garnier & Co will also continue to operate separately, providing services to clients as standalone firms. The alliance will capitalise on a long-term trend toward increased integration of the US and European technology and healthcare markets.   JMP Bryan Garnier is led

JLM Financial Partners and Eagle Merchant Partners have created the largest Planet Fitness franchisee, United PF Partners, with 59 operating clubs in nine states.  The joint-venture partnership is aiming to capitalise on the USD30 billion fitness club industry, in which health club memberships increased from 41.3 million in 2005 to 54.1 million in 2014, or 17 per cent penetration of the US population.   Planet Fitness, home of the Judgement Free Zone, with more than 1,200 clubs and over 8.7 million members, targets the remaining 83 per cent of the population by focusing on customer experience and value.   The equity investments from

Tikehau IM, a European asset manager, has arranged a EUR30 million add-on to the existing senior facilities provided by Goldman Sachs Specialty Lending Group (GSSLG) for Oasis Group. The add-on will be used by Oasis Group to finance its external growth strategy, mostly focused on Western Europe.   Founded in 1999, Oasis is one of the fastest growing companies in the records and information management (RIM) industry. Based in Dublin, with offices in Belgium, the Netherlands, Republic of Ireland, Northern Ireland and Great Britain, and a team of 300 employees, Oasis offers a complete RIM service platform. Oasis serves 4,700

Asset management firm Barings has acted as co-lead arranger of a unitranche facility to support Bridgepoint Development Capital's acquisition of Inspiring Learning. Barings' role in the buyout marks the third transaction for the former European private finance group of Babson Capital Management since Babson consolidated its operations with the former Baring Asset Management and rebranded the new firm under the Barings name in September 2016.   Inspiring Learning is a UK provider of residential learning activities and travel programmes for school-aged young people, operating 10 residential activity centres in the UK and France.   "We are very pleased to support

All of NatWest’s business and commercial customers can now access an expanded panel of alternative lenders to which they can be formally referred if borrowing directly from the bank is not possible. The panel, called Capital Connections, builds on NatWest’s existing partnerships to signpost small business customers to alternative sources of finance.   The panel now enters its final full launch phase, following a pilot which introduced the wider panel of all five lenders to commercial customers with a turnover of up to GBP25 million in South West England, Wales and Scotland earlier this year.   Capital Connections includes two