Sidereal Capital Group has partnered with Argosy Private Equity to acquire U∙C Coatings Corporation. Headquartered in Buffalo, New York, U∙C Coatings manufactures and distributes wood protection products for the logging, lumber, furniture, and woodworking industries. The company’s flagship Anchorseal branded products are an industry leading line of wax based emulsion end sealers, designed to prevent splitting and degradation of freshly sawn, high value hardwood logs and lumber during processing.   The Company also offers GemPaint, a water-based paint used by lumber suppliers to brand their products and enhance overall appearance, as well as other related niche market wood protection products.

Wedo, the online furniture retailer, has completed GBP3m of funding, led by MMC Ventures. This follows the company’s initial seed funding in 2012, when Passion Capital and a selection of private equity investors came together to back Wedo and their vision of simple shopping. All previous key investors have reinvested in this latest round.   Founded by serial tech entrepreneur and founder of Tech4Africa, Gareth Knight, Wedo is an ecommerce furniture retailer, specialising in improving the customer’s online shopping experience. In 2013 the company has grown to a team of 40 people, launched a 10,000ft prime retail store in Colchester

JTC Group has acquired the fund administration business of the Guernsey-based Anson Group. Anson Fund Managers Limited (AFML) represents over GBP11.5bn in funds under administration and specialises in providing a wide range of support services to companies and funds.   Its clients include trading companies, open ended and closed ended funds and unit trusts, investment companies and limited partnerships, many of which are listed on stock exchanges such as the LSE, Euronext and AIM.   In addition to working for many London listed companies including FTSE 350 members, it acts for a third of companies listed on the London Specialist

Altice Finco SA intends to launch an offering of USD400m in aggregate principal amount of senior notes and its subsidiary Altice Financing SA intends to launch an offering of USD1,285m equivalent in aggregate principal amount of dollar and euro senior secured notes.  Proceeds of the notes are expected to be used to finance its previously announced acquisition of 88 per cent of Tricom S.A. and Global Interlinks, which Altice entered into an agreement to acquire on 31 October, and its previously announced acquisition of a majority ownership in Orange Dominicana (ODO), which Altice entered into an agreement to acquire on 26

Alinda Capital Partners, the American-based infrastructure investment firm, has agreed to acquire 100 per cent of Emitel, a television and radio broadcast infrastructure provider in Poland. Alinda is acquiring Emitel from Montagu Private Equity. Terms of the transaction have not been disclosed.   Emitel broadcasts television and radio signals nationwide under long-term contracts with television and radio channels, including the government-owned TV and radio channels. Emitel is the sole broadcaster of digital terrestrial television signals in Poland, and is leading the introduction of digital radio. The company owns 377 towers in Poland.    “We are delighted to be investing in Emitel,” says Chris