Deals
A fourth vessel has been added to the fleet of small handy dry cargo ships, following the latest shipping transaction under Talis Capital’s Project Blueline.
Talis Capital advised on the acquisition of a 10,700 dwt 2007 built general cargo vessel which was completed in the last week of February. Alongside the existing vessels, she will be repositioned from the Far East and operated in European and North African markets.
INTRESCO Ltd co-invested alongside Talis Capital advised investors, and will provide full commercial, technical and crew management services to the vessel.
Talis Capital’s shipping investment activities are known as
Private equity firm Superior Capital Partners has sold Edge Adhesives to a buyer group led by Gladstone Investment Corporation and Akoya Capital Partners.
The company will continue to be led by the current executive management team. Terms of the transaction have not been disclosed.
Headquartered in Fort Worth, Texas, Edge specialises in butyl and block co-polymer technologies.
Scott Hauncher, a managing director at Superior, says: "The Edge story showcases several of the key initiatives Superior expects to achieve as a special situations fund. When we acquired Edge in 2010, it was an underperforming and capital constrained business. Through our
LLR Partners has held the final closing of LLR Equity Partners IV (LLR 4), a USD950m private equity fund that builds on the firm’s 15-year history of investing in and partnering with middle market growth companies.
LLR 4 began investing in 2013 and has closed investments in five companies – ACRE, Cigital, iJET, Logi Analytics and Ultisat.
“Since launching our first fund in 1999, LLR has brought a collaborative approach to working with middle market companies that have an opportunity to become leaders in their industry niches,” says LLR’s Mitchell Hollin.
LLR 4 remains focused on a broad
Albion Ventures has made an investment of GBP2.2m in Egress Software Technologies, a provider of on-demand Cloud-based email and file encryption services to organisations in the public and private sectors.
Established in 2007, Egress launched its SaaS-based information security platform, Egress Switch, in 2009.
Since its launch, Switch has become one of the market’s leading email and file encryption solutions, and already dominates the local authority space, with over 70 per cent of councils registered as subscribers of the service.
The uptake of Switch has also been recognised across central government and the NHS, as well as a
Proception Medical, a medical device incubator, has partnered with a private equity fund to seek and evaluate private investment and buy-out opportunities in the orthopaedic and medical device industries.
Members of Proception Medical will be attending the Annual American Academy of Orthopaedic Surgeon Meeting in New Orleans next week to investigate investment and new product opportunities.
Proception Medical bridges the gap between surgeon inventor and strategic exits by taking the device through the development, regulatory approvals and limited launch process.
The partnership with the private equity firm allows Proception Medical to create similar value for companies needing investment
Law firm CMS Hasche Sigle has advised Hamburg-based Capital Stage AG on a 10 per cent capital increase.
The company has acquired photovoltaic plants and wind farms in Germany and Northern Italy with a capacity of around 241 megawatt peak (MWp) since 2009, making it one of the largest independent solar park operators in Germany.
A team from CMS Hasche Sigle led by lead partner Dr Andreas Zanner provided advice to Capital Stage AG and the sole global coordinator, Joh. Berenberg, Gossler & Co., on structuring and completing the transaction. The co-manager is WGZ BANK AG.
CMS Hasche
Maven Capital Partners has provided further finance to existing investee company Glacier Energy Services to support the acquisition of Professional Testing Services (PTS).
The deal will see Maven, alongside co-investment partner Simmons Parallel Energy Fund, invest an additional GBP3.25m into Glacier.
Glacier is an international oil and gas service company with operations in Aberdeen, Glasgow, Methil and Newcastle. Since Maven first invested in the business in 2011, it has undertaken a buy-and-build strategy having acquired two complementary businesses, Ross Offshore and Site Machining Services. Both companies have already been integrated into the Glacier group.
Maven and Simmons have
An affiliate of Versa Capital Management has acquired Bridge Street Global Hospitality, a serviced apartment specialist with than 50,000 locations in 60 countries.
The investment, which follows on the heels of BridgeStreet's recent rebranding and international growth, will elevate BridgeStreet's presence and create new opportunities for development projects and long-term growth.
"BridgeStreet recently has made great strides in establishing itself as the leader of serviced apartment experiences worldwide," says Gregory L Segall, CEO of Versa Capital. "Now that the company is strongly capitalised, with no third party debt, it is well positioned to accelerate its growth and we look
The Riverside Company has sold its stake in Italian competitive swimwear company Arena.
Riverside acquired Tolentino, Italy-based Arena in 2010 and immediately sought to develop its presence in international markets.
During Riverside’s hold period, the firm helped Arena increase its sales and EBITDA and deepen its presence in international markets. These efforts were most apparent in the US market, where Arena gained sponsorship of the US Swimming Federation while expanding its sales. Additionally, Riverside’s Asian sourcing office, led by operating partner and managing director Brian Bunker, helped Arena improve its sourcing in the Far East.
Traditionally a brick-and-mortar
Borro has secured a GBP67m lending facility through Victory Park Capital (VPC), an asset management firm that provides debt and equity financing to middle-market companies.
Borro, which has seen significant growth over the last five years, will use the new funding line to meet UK and US customer demand for large-scale personal asset loans.
Borro has disrupted the mainstream pawnbroking and auction industries by creating a liquidity platform for luxury personal assets. Launched in the UK in 2009 and in the US in 2012, Borro has defined a new category of personal asset lending in the process. With an average
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
