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Deals

Appleby acted as Isle of Man counsel, alongside Dickson Minto in London, to private equity firm Vitruvian Partners in its funding of the management-led buyout of Royal London 360° (RL360°) and its subsidiaries for an undisclosed sum from parent Royal London Group (RLG). RLG says the transfer of ownership will enable RL360° to achieve its vision through a further acceleration of the growth that RL360° has experienced in recent years.   The RL360° executive management team, led by chief executive David Kneeshaw, will remain unchanged. Following completion, the company will be re-branded RL360°.   The Isle of Man aspects of
SFW Capital Partners has completed its recapitalisation of MD Buyline, a provider of supply chain management solutions for hospitals and healthcare systems. The proceeds of the recapitalisation were used to fund a significant cash distribution to stockholders.   Following the recapitalisation, MD Buyline remains conservatively capitalised and has the continued support of SFW, its majority shareholder, to actively pursue further strategic growth initiatives.   SFW acquired MD Buyline from its original founders through a newly formed affiliate in early 2011.   “MD Buyline has experienced excellent growth by providing an expanding line of critical strategic information and analytics to health
Mansa Capital Management has raised an additional USD15m for what will be its debut healthcare private equity fund, bringing total commitments to roughly USD50m. With strong relationships in healthcare, private equity and banking, the firm is investing in healthcare information technology (HCIT) and services companies that help to contain healthcare costs and improve clinical outcomes.   Mansa is particularly interested in companies that can meet the increased demand from Hispanic and urban populations in the post-reform landscape.   “Raised from state pensions through emerging manager initiatives as well as high net worth individuals and family offices, participants in this latest
Kester Capital has invested in Frontier Medical Products alongside a reinvestment from the Frontier management team, led by Nick Davis and Nigel Harris. The transaction has been supported by new loan facilities from The Royal Bank of Scotland (RBS).   Founded in 1966, Frontier is manufacturer and supplier of pressure area care and infection control products to healthcare providers in the UK and continental Europe. Frontier’s portfolio of brands includes: Repose, a differentiated range of pressure area care devices; Sharpsafe, premium quality sharps disposal containers; and eXchange, specialist harm reduction products and services.   Frontier is based in Blackwood, Wales,
European Capital and its consolidated subsidiaries have received proceeds of EUR28.8m from exiting their two investments in Alliance Industrie and Financiere Alliance Industrie (Alliance Automotive Group). European Capital's exit comes as Alliance Automotive Group's shareholders have decided to refinance its indebtedness with a EUR185m high-yield private bond.    European Capital realised a 1.8x money multiple and 11 per cent IRR on its investment in Alliance Industrie and a 1.1x money multiple and 24 per cent IRR on its investment in Financiere Alliance Industrie.   The company, owned by Weinberg Capital Partners and its founders since 2006, serves as a key
Spanish flag
Ardian, the independent private investment company, is to acquire an additional five per cent equity stake in the CLH Group, the Spanish oil products and storage company, from Compañía Española de Petróleos (CEPSA). With this investment, Ardian will become the largest shareholder in the company, increasing its shareholding to 15 per cent. Ardian first became a shareholder in CLH in 2011 with the acquisition of a 10 per cent stake. The closing of the transaction is expected before the end of this year.   This is the latest transaction from Ardian’s third generation Infrastructure Fund which is currently seeing a
Friedkin Capital Partners, owned and operated by Houston businessman Dan Friedkin, has teamed with the Harmon family, owners of Auberge Resorts, by investing in the boutique luxury resorts owner and operator. Friedkin will serve as chairman of the board and Mark Harmon, the CEO and founder, will continue to serve as CEO, member of the board, and will continue to run the day-to-day business of the company.   "We are thrilled to announce this investment in the company and are pleased to have found the perfect active partner in Dan Friedkin to help us accelerate our growth plan," says Mark
Marketing
SHIFT has raised USD6m in Series B funding led by venture capital firm DN Capital. The new funding will be used for international expansion of SHIFT’s Open Marketing Cloud.   SHIFT’s Open Marketing Cloud provides marketers access to an ecosystem of best-in-class marketing apps, allowing users to access their choice of apps along with all of the data they need on one integrated platform to reach their customers across Facebook, Twitter and LinkedIn. This round brings total financing to USD14m to date.   Through the Open Marketing Cloud, users are enabled to collaborate across organisations in order to execute marketing
Natural Gas flames
Activa Capital has become the reference financial shareholder in Gaz Européen, an independent alternative gas distributor supplying the collective residential B2B market in France. Gaz Européen's parent company has 60 years' experience in providing energy solutions to the collective residential B2B market – property managers, heating ventilation and air conditioning companies, tertiary and public companies.   Anticipating the liberalisation of the French gas distribution market, Gaz de Paris was founded in 2005. Experiencing a strong growth in the Paris Ile-de-France region, Gaz Européen has developed its national coverage by creating five regional entities in major cities in France: Gaz de
Private equity house WestBridge Capital has exited its investment in Mobile Computing Systems (MCS), securing a 3x return. MCS, which provides software for construction companies, was the last of the assets WestBridge Capital inherited when it acquired Wales Fund Management in 2008.   Valerie Kendall, a partner at WestBridge Capital, says: “MCS has flourished under our stewardship.  From break even five years ago, the company now has strong recurring revenues, healthy profits and a market-leading product.   “Given its exposure to the construction sector, the management team has done extremely well to grow the business, repay historic debt liabilities and

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12 November, 2026 – 8:00 am

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