Alternative investment manager Franklin Square Capital Partners” (Franklin Square) business development company (BDC) direct lending platform committed over USD370 million to private deals in the first quarter of 2016. This marks the 14th consecutive quarter the platform has provided more than USD250 million in direct commitments.  New directly originated deals during the quarter were made in support of eight existing portfolio companies headquartered in five different US states. "Despite credit market volatility this quarter, the flexibility of our funds' structure allowed us to seek out the best risk-adjusted returns for our shareholders by investing where we saw the most compelling

Tecres, a medical technology company dedicated to the development of bone cements and bone substitutes and private equity firm Keensight Capital have invested in Demetra Holding.  This new Group, led by Tecres’ shareholders, combines two of the major players in the field of bone cement and biomaterials, Tecres SpA (Italy-based) and aap Biomaterials GmbH (Germany-based) which will continue to act as separate entities with their own respective business strategies. The two companies have been able to position themselves as leaders on their respective segments through different business models and distribution strategies. Historically, aap has been focussing on the Contract Manufacturing

New York-based private equity firm Eagle Private Equity is to provide an immediate USD1 million credit line to be provided by Eagle, along with a subsequent debt or equity financing of up to USD10 million.  Proceeds from the loans and other financing will be intended for the acquisition of mineral assets. Loans made to the Company based on the initial USD1 million credit line may be converted into a newly-created class of the Company’s preferred stock. Dan Anderson, the Company’s Chief Financial Officer, says: “We are extremely pleased to announce this term sheet and believe the financing can be the

Ogier is acting as British Virgin Islands legal counsel to Atlantic Alliance Partnership Corp on its recently announced recommended offer for TLA Worldwide plc. TLA Worldwide plc (TLA) is a leading athlete representation, sports marketing and event management company which represents a number of prominent US and International sports stars, broadcasters and media personalities. TLA also provides a range of services in respect of media consultancy, sports sponsorship and events. TLA is a public company incorporated in England with its shares are listed on the AIM market of the London Stock Exchange. Atlantic’s offer for TLA, which was announced under

PNC Riverarch Capital has recapitalised Feeders Supply Company, a specialty retailer of pet food and supplies headquartered in Louisville, Kentucky. The transaction also included a significant re-investment by President and CEO Pam Longwell, who will continue to lead the business. Founded in 1959, Feeders Supply currently operates 16 retail locations primarily in the Louisville metropolitan area. The company is focused on providing “everything you need for all the pets you feed” and offers a broad selection of premium pet food brands and products. “The company’s customer service orientation and strong ties to the local community have created a well-respected brand

Salvepar has increased ts stake in Asten Santé to 22.3 per cent of the capital and voting rights by acquiring a portion of the interest held by Gemmes Venture which remains the majority shareholder for EUR12 million. The Asten Santé group is a French multiregional homecare provider, from the voluntary sector and medical world, operating in Pays de la Loire (Aliséo), in Midi-Pyrénées (Sadir Assistance), in Haute-Normandie (Adir Assistance) and, since 2015, in Franche-Comté (DDS Assistance). Several entities complement the group for the development of operations in Ile-de- France (S2A Santé Ile-de-France) and the development of innovative technologies, especially focused

Global law firm Norton Rose Fulbright has advised specialist European financial services private equity firm AnaCap Financial Partners (AnaCap) on the sale of UK online insurance distributor Simply Business, to New York-based Aquiline Capital Partners. Completion of the transaction is subject to the approval of the Financial Conduct Authority.   The exit comes just short of three years since AnaCap acquired Simply Business and will generate a return of 4.5 times its original investment.   The Norton Rose Fulbright team in London was led by partner Richard Bull and included senior associate, Andrew Houghton.   Norton Rose Fulbright has advised

Osprey Capital Partners has assisted Moulure Alexandria Moulding in completing a partnership and recapitalisation with Industrial Opportunity Partners. Osprey Capital was engaged by Alexandria to find a partner and investor that could bring additional resources, experience and expertise to enable them to capitalise on the unprecedented opportunities within the marketplace. Alexandria is a manufacturer and distributor of wood mouldings and related millwork products for the Canadian and Northern US markets selling directly to retailers, wholesale building product distributors and industrial customers. The Company, headquartered in Alexandria, Ontario, Canada, has a manufacturing and distribution facility in Alexandria and a hardwood manufacturing

Beijing-based Yummy Express, China's leading O2O solutions provider offering logistics and operations services, has completed USD10 million of Series C Financing, led by private equity firm ClearVue Partners.  ClearVue Partners is the lead investor along with co-investor SBCVC. This financing will help continue to position Yummy Express as the leading trusted O2O solutions provider in China. Yummy Express Co-founders Yu Yang, Yang Shuyi and Ba Zhen all come from DHL and YCH, and have a wealth of experience in logistics and delivery in China. Leading takeout O2O platforms and large catering merchants require nationwide logistics service providers in order to

North American Partners in Anesthesia (NAPA) and private equity firm American Securities have completed a recapitalisation of NAPA's practice management company, NAPA Management Services Corporation (NMSC).  The transaction adds significant growth capacity to NMSC and will fuel the organisation's ability to actively pursue expansion opportunities and grow its leadership position. "With American Securities as our new partner, NMSC and NAPA are poised to pursue multiple avenues that will extend our excellent clinical capabilities and business model into new healthcare settings and geographies," says John Di Capua, M.D., CEO of NMSC. "As our organisation celebrates its 30th anniversary and looks to