Deals
New private equity firm Plus2 Capital has held the closing of its first fund. The firm’s founding partners, Nathaniel Broughton and Brandon Laughridge, recently formed Plus2 after completing multiple acquisitions in Southern California in partnership with Succession Capital, a division of Lynx Equity Limited.
“Plus2 Capital is our opportunity to combine our background as tech entrepreneurs with the experience we gained doing transactions for Succession,” says Broughton, who has offices in La Jolla.
The firm will focus on acquiring companies with USD4-USD30 million in revenue and USD1-USD3 million in cash flow EBITDA, which can benefit from an injection of online
Palatine Private Equity has completed the management buy out of the mortgage broking business, John Charcol, and the financial planning business of the Towergate Group.
The Financial Planning business will be announcing a new brand in the coming weeks whilst John Charcol will continue to trade under the brand it has successfully built over the last 40 years.
Palatine Private Equity has backed Ian Darby and the existing management team of both businesses in the management buy out. Darby has joined as full time Executive Chairman of the businesses and will work alongside the incumbent management team. The
K2 Capital Partners has held the final closing of its debut fund. Investors include leading investment institutions, family offices, and high net worth individuals.
K2 Capital Partners is targeting well-established, profitable lower middle market companies with sales between USD10 million and USD40 million operating in growing industries. The firm’s strategy is to focus on smaller businesses which fall below the investment parameters of most investment firms, and offer a successful exit path for business owners. K2 Capital Partners will invest in businesses that can benefit from the firm’s significant capital base, deep industry relationships, and substantial operational resources. It will
Stanhope Capital, the global investment office, is adding significant resources in private equity to address growing client demand for further investments in this area.
Edward Clive, a Senior Director within the firm’s investment research department, has been appointed Head of Private Funds. He previously worked at Lazard and Vantage Group, and has been with Stanhope for five years. In addition, Jerome Sibony has been appointed as Head of Direct Investments.
Sibony, who has over 15 years of experience in direct private equity, joins Stanhope Capital from Neo Investment Partners where he was the Senior Principal on its EUR300 million Small/Mid
ARX Equity Partners, together with experienced healthcare investor Joseph Priel, has completed the 100% buy-out of Slovenian healthcare services provider, Diagnosticni Center Bled doo (DCB).
Details of the transaction have not been disclosed.
DCB is the largest private healthcare service provider in Slovenia. The Company provides comprehensive outpatient and inpatient medical services in four locations. DCB performs more than 20,000 specialist examinations each year, primarily in the areas of gastroenterology and urology. ARX acquired DCB in order to utilize its robust existing business as a platform to further consolidate and grow its leading position in the Slovenian diagnostics sector.
Priel
A USD 1 billion sector focused private equity fund underwritten by Cairo Financial Holding is behind a plan to revive the tourism sector in Egypt, battered by four years of turmoil and instability.
Tourism revenues have dropped by 55 per cent over the past four years, but the return of political stability coupled with a focus on developing higher-value added tourism activities, has encouraged the launch of the Papyrus private equity fund to support the development of tourism projects that will have a significant economic impact.
With year round sunshine, a rich cultural heritage and a unique geographical position,
The California Public Employees' Retirement System (CalPERS) has committed USD75 million to private equity firm Siris Partners.
This is the first direct commitment to Siris, which has previously received commitments from CalPERS through the System's emerging manager fund-of-funds.
"CalPERS is committed to emerging manager strategies," says Ted Eliopoulos, CalPERS Chief Investment Officer. "The transition from a fund-of-funds relationship to a direct relationship with CalPERS is the outcome we hope to see with our emerging manager programs."
Siris will use the commitment to make private equity investments in middle-market technology companies in North America, with a focus on data storage and
Webgility, a provider of e-commerce accounting integration software for small and medium-sized businesses, has raised USD2.5 million in growth funding from SaaS Capital.
Webgility will use the funds to increase headcount, ramp up product development, and expand into new vertical markets.
“This funding from SaaS Capital will be instrumental as we continue to build momentum,” says Parag Mamnani, Founder and CEO of Webgility. “This is our first institutional investment and although we received several outside funding offers, we knew SaaS Capital was the best fit for us at this stage. Working with SaaS Capital we’re able to avoid both the strict
The French National Private Equity and Venture Capital Association (AFIC) has created a Club dedicated to bringing together private equity professionals interested in Africa.
The Africa Club has been created in the wake of unprecedented economic growth witnessed in Africa over the past 10 years. The region's population is set to double by 2050, and the World Bank estimates financing needs at USD90 billion annually for the next 15 to 20 years. The Club will support the growing interest of French private equity and venture capital professionals in Africa.
It is chaired by Hervé Schricke, a seasoned private equity professional
Ogier in the BVI has acted with Watson, Farley & Williams LLP, London office and Ewing & Jones, Houston office to advise Petroserv Marine on its USD1.7bn loan facilities with Nordea Bank Finland.
The Ogier transaction team was led by Managing Associate Christopher Newton with Partner Ray Wearmouth.
Ogier has seen a notable increase in the number of British Virgin Islands companies being used in shipping structures over the last 12 months. During this period Ogier has advised on several shipping structures with an aggregate financing value of over USD3.5bn.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
