Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, has provided subordinated debt financing to Stone Source, a supplier of natural stone and other decorative surface products including porcelain and glass tile, engineered stone and reclaimed wood. Graycliff’s investment in Stone Source supported a recapitalisation of the business by Founders Equity.   Headquartered in New York City, Stone Source sells stone and decorative products to consumers and contractors via the architect and design channel for commercial and high-end residential use. The company has a nationwide presence, with operations in New York, New Jersey, Massachusetts,

Inflexion Private Equity has completed the IPO of On the Beach Group, the UK short-haul packaged beach holiday provider, generating a total realised and unrealised return of 3.6x with an IRR of 84 per cent, within just 23 months of ownership. The flotation of On the Beach has priced on the London Stock Exchange, with a market capitalisation of GBP240 million.   On the Beach operates a market leading technology platform, developed in a highly agile environment with constant innovation and personalisation to deliver a rich customer experience. Inflexion’s buyout in October 2013 helped On the Beach exploit the structural

Glennmont Partners has completed the purchase of the Port Clarence Energy Project from ECO2 and Temporis Capital on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe II, in a GBP160m deal. The Port Clarence Energy Project will see a new biomass power generation plant built at Port Clarence, Stockton-on-Tees, providing 40 MW of CHP enabled renewable energy to the UK Energy market. The plant is expected to become operational in the first quarter of 2018.   The purchase and further construction of the Port Clarence Energy Project is being supported by debt arranged by Deutsche Bank

The international commercial law firm Noerr has advised recipe kit delivery service Hello Fresh on a financing round. Hello Fresh was valued at EUR 2.6 billion in the context of the transaction. In this round of financing, international funds advised by the Scottish asset management Baillie Gifford invested EUR75 million in the rapidly growing Berlin company.   Ass well as Germany, Hello Fresh also operates the United Kingdom, the Netherlands, Belgium, Austria, Australia and the USA.

Mid-market private equity firm LDC has backed the management buyout of UK based shower brand Aqualisa for an undisclosed price from Sankaty Advisors, LLC, the credit affiliate of Bain Capital, and RBS.  Aqualisa designs and manufactures a range of digital, mixer and electric showers and accessories, retailing through builders' merchants, distributors, specifiers, and showrooms.  Founded in the 1970s, Aqualisa’s patented, bi-metallic shower valve, which reduces limescale build-up, revolutionised the market in the 1980s and is still manufactured by the company today.  It also launched the first digital shower in 2001 and introduced new wireless remote technology in 2005.   As

Quayside Fund Management has received authorisation from the Central Bank of Ireland to act as Manager to UCITS funds. Quayside currently provides third-party management solutions to investment managers looking to  set up alternative investment funds (‘AIFs’), and will now extend this service to UCITS funds.  Eoin Smyth (pictured), CEO of Quayside, says: ‘Due to increasing client demand, we are delighted that Quayside has expanded on its AIFM authorisation in offering cost effective management company (‘ManCo’) solutions to our UCITS clients. Quayside provides a high touch quality service to its clients using state-of- the-art risk system reporting. Choosing a provider such

Harris Williams & Co has advised The Mill, a provider of moving image visual content for advertising, to Technicolor for GBP190 million.  Harris Williams & Co. acted as the exclusive financial advisor to The Mill, a portfolio company of Equistone Partners Europe (Equistone). The transaction was led by Thierry Monjauze, Jonathan Organ and Mathew Tsui from Harris Williams & Co.’s Technology, Media & Telecom (TMT) Group in London. “It has been a pleasure to work with the management team of The Mill for a second time,” says Thierry Monjauze (pictured), a managing director in the firm’s TMT Group. “The Mill

You.i Labs Inc, a user-interface technology company, has partnered with Los Angeles-based Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, an alternative investment firm managing over USD27 billion in assets. Headquartered in Ottawa, Canada, You.i TV provides a proprietary user-interface engine to enterprise-level media and telecommunications companies to create world class video applications that run across multiple media devices, including mobile phones, tablets, game consoles, smart TVs and set-top boxes. You.i TV’s technology and unique work flow process helps deliver a high quality and consistent user experience, increases cost savings, provides a faster time to market

Private equity firm Shore Capital Partners has completed the recapitalisation of Florida Autism Center (FAC) and the formation of SCP Autism Services. Florida Autism Center provides centre-based applied behaviour analysis (ABA) treatment services to children diagnosed with Autism Spectrum Disorder (ASD). In addition, the Company offers a private school program to students with ASD as an alternative to a public school setting. The Company provides therapy through five centre in central and northern Florida.   Shore has partnered with Chrystin Bullock (pictured), a Board Certified Behaviour Analyst (BCBA) and the founder of Florida Autism Center. Chrystin has been providing autism