King & Wood Mallesons has advised Inflexion Private Equity on the management buyout of Bedell Trust, a corporate, fund and fiduciary administration company. Inflexion is an independent mid-market private equity house, investing in established high growth businesses. The MBO, backed by Inflexion, will help to accelerate organic growth and target further selected acquisitions.   Bedell Trust has over 250 employees and operates from Jersey, Guernsey, London, Luxembourg, Dublin, Singapore, Mauritius and Cayman. It has grown rapidly both organically and through acquisition.     Florencia Kassai (pictured), partner at Inflexion, says: “This is an exciting time for both Bedell Trust and Inflexion.

Capshare, an equity management platform, has closed an investment from Standish Management, a provider of private equity fund administration services in the US. The investment formalises a strategic partnership with Standish.   “Standish is one of the most respected names in the investment fund business and we are thrilled to partner with them. With their deep and diverse roster of over 600 funds managed, they are a perfect fit for us as we continue to build momentum and scale the investor side of our business,” says Capshare CEO Jeron Paul.   Founded in 2014, Capshare gives entrepreneurs and investors the

Smart Communications has completed its spinoff from Thunderhead and has launched as an independent company led by its existing management team and backed by Accel-KKR, a technology-focused private equity firm. As an independent company, Smart Communications will continue to define and lead the next generation of cloud-enabled customer communications management (CCM) by focusing on scaling its growth in new and existing markets, broadening its industry reach, and accelerating innovation and product development.   Smart Communications’ blue-chip customer base spans three continents and includes over 300 customers from a diverse range of industry sectors, including banking, insurance, healthcare, telecoms and retail,

Tikehau Capital has secured a EUR200 million five-year syndicated loan facility for its long term investment company Tikehau Capital Partners. The loan is from eight international banks led by BNP Paribas, Credit Agricole Corporate & Investment Bank and LCL.   This marks the first time Tikehau Capital has used a syndicated loan facility.   The funds will enable the company to accelerate its international expansion, have additional resources to pursue its organic and external growth whilst preserving financial flexibility under attractive conditions.   Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, say: “This loan follows two capital increases for

Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers and investors, has been engaged to work on behalf of CapAsia’s Islamic Infrastructure Fund (IIF) at two early wind farms in Pakistan. Under the terms of the contract, MEM, led by founding partner Lars Lund, is providing asset management, human resources and technical advisory services to the private equity fund, which focuses on developing infrastructure projects in emerging Asian markets.   Pakistan has an ambitious wind energy development pipeline and over 1GW of new capacity is scheduled for installation by 2018. With the number

Smart Communications, a specialist in enterprise customer and business communications, has completed its spinoff from Thunderhead and launched as an independent company led by its existing management team and backed by tech-focused private equity firm Accel-KKR. As an independent company, Smart Communications will continue to define and lead the next generation of cloud-enabled customer communications management (CCM) by focusing on scaling its growth in new and existing markets, broadening its industry reach, and accelerating innovation and product development.   Smart Communications’ blue-chip customer base spans three continents and includes over 300 customers from a diverse range of industry sectors, including

Growth private equity firm TA Associates is to back a management buyout (MBO) of Goldman Sachs Asset Management’s (GSAM) Australian-focused investment capabilities and fund platform. Financial terms of the transaction, which is expected to close by year-end, have not been disclosed. The company will rebrand accordingly.   Since the appointment of Dion Hershan as GSAM’s head of Australia equities in 2007 and the subsequent build out of the investment team, the company has grown to be a leading Australian equities and fixed income fund manager.   The company’s core offering is its Fundamental Australian Equities product set, consisting primarily of

Investec Growth & Acquisition Finance has supported the recapitalisation of Romford-based aviation business Farsound by Rubicon Partners and Grovepoint Capital, an investment partnership focused on the acquisition of industrial businesses in Europe and North America. Farsound is a global supply chain provider and manufacturer of consumable component parts to the aerospace engine sector. It was acquired in July 2011 by Rubicon Partners and today comprises two divisions: Farsound Aviation and XCEL Aerospace.   The group supplies maintenance, repair and operations (MRO) workshops with parts mainly for overhaul maintenance in the engine after-market. Farsound had a group turnover of around GBP18.9 million

OST Energy, an independent engineering consultancy, has teamed with Royal Bank of Scotland (RBS) and solar energy company Lightsource Renewable Energy to bring Europe’s largest floating photovoltaic (PV) solar project to completion. A 6.3 Megawatt peak (MWp) array floating on the Queen Elizabeth II reservoir west of London, is now providing a source of clean energy to water utilities company, Thames Water. It is the first floating solar project to secure European bank financing.   Thames Water will buy all energy generated by the project as part of a power purchase agreement (PPA) with Lightsource.   Throughout the early stages