Deals
Allen Edmonds, a maker of high-end men's shoes, is to be acquired by Brentwood Associates, a Los Angeles-based private equity firm.
Terms of the deal have not been disclosed.
Allen Edmonds has generated some interest in the press recently, after a Wall Street Journal report last month said Men's Wearhouse was pursuing a possible purchase of the company.
Just Marketing International (JMI), a member of Spire Capital’s Fund II portfolio, will be acquired in full by Chime Communications through its subsidiary CSM Sport & Entertainment in a transaction valued at USD76m.
Spire, along with the Indiana Investment Fund, purchased control of JMI in June 2008 with a focus on assisting JMI's management team in leveraging its marketing services presence in the motorsports industry. Spire's focus was centred on operational and financial efficiency, international expansion and client diversification.
"I'm grateful to have had the opportunity to work with the entire team at Spire," says JMI chief executive Zak
Alternative asset manager The Carlyle Group has closed its acquisition of Metropolitan Real Estate Equity Management, a real estate multi-manager with more than USD2.6bn in capital commitments.
Equity for the transaction came from Carlyle’s balance sheet. Financial terms were not released.
Metropolitan is now part of Carlyle’s Solutions platform, which also includes AlpInvest, the USD48bn private equity fund of funds business, bringing Solutions AUM to USD50.6bn. Metropolitan’s management team, led by David Sherman, remains in place. In addition to his role as co-chief investment officer, Sherman is now head of real estate within the Solutions platform. Sherman and his
The management team of outdoor retailer Mountain Warehouse has completed a GBP85m acquisition of the business backed by Royal Bank of Scotland and Alcentra.
The transaction enables the team, led by founder and chief executive Mark Neale, to take full ownership of 169-strong chain, while providing an exit for its mid-market private equity backer LDC which acquired a significant minority shareholding in August 2010 as part of a GBP47m buyout.
The transaction delivers a strong return for LDC, more than doubling its original investment within three years, during which time the business has traded through two recessions.
Mountain
Private equity provider LDC has invested GBP22m for a minority stake in lifestyle brand Joules.
Established in 1980 and headquartered in Market Harborough, Leicestershire, Joules is a British premium lifestyle brand that is renowned for its distinctive designs and prints, high-quality product range and authentic country heritage. The business offers a broad range of womenswear, menswear and childrenswear and has more recently extended into babywear alongside a variety of accessories and homeware.
With current annual turnover approaching GBP90m, the company operates a multi-channel model with its direct and wholesale channels being supplemented more recently with own retail stores, which
High Road Capital Partners’ portfolio company The Crown Group has completed the acquisition of Electra-Finish.
Electra-Finish is a provider of plastic coating services and solutions to the automotive, agricultural, heavy truck and other industrial end markets.
The company is based in Asheboro, North Carolina with a second facility in Spartanburg, South Carolina. The transaction represents the first add-on acquisition The Crown Group has completed under High Road’s ownership.
“The acquisition of Electra-Finish expands The Crown Group’s product offerings to include high-end plastic coating solutions. It is a perfect complement to the high-end metal coating solutions for which Crown
Renewables infrastructure specialist Platina Partners has completed the sale of its Long Mountain wind farm to independent Irish energy company Energia, a member of the Viridian Group.
The project was the last asset to exit Platina’s Mistral Energy I (ME I) fund, which has now completed its full investment cycle. Earlier this year Platina completed the full investment cycle for its Mistral Wind Farm I Fund.
Launched in 2002, ME I focused on the development of UK and French onshore wind assets and delivered a gross IRR above 60 per cent to its investors. Previous investments from the fund
Funds managed by CapMan have completed their exit from the Curato, a provider of medical imaging services in Norway, as announced on 16 September 2013.
CapMan funds sold their equity stakes in Curato to Altor Fund III.
CapMan Buyout is the largest mid-market private equity team in the Nordic region, with 20 investment professionals in Finland, Norway and Sweden and 23 years of experience. The team has made a total of 69 investments and 45 exits and is currently investing from CapMan Buyout X.
OrbiMed, an investment firm focused on the healthcare sector, has closed its next venture capital fund, OrbiMed Private Investments V, with just over USD735m in commitments.
That total includes approximately USD36m from the general partner. Investors in the fund include some of the largest endowments, foundations, sovereign wealth funds and financial institutions globally.
Consistent with its predecessor funds, the new fund will invest in all stages and sectors of the healthcare industry, with a focus on biopharmaceutical, medical device, and diagnostics companies located in North America and Europe. The new fund is expected to invest in approximately 30 portfolio
Babson Capital Management has provided subordinated debt and made an equity co-investment to support High Road Capital Partners’ acquisition of SMB Machinery Systems.
Babson Capital was the sole provider of subordinated debt for the transaction.
Founded in 1993 and based in Ball Ground, Georgia, SMB Machinery Systems is a provider of used packaging and process equipment to the food and beverage industries.
“High Road Capital Partners is pleased to work with Babson Capital’s mezzanine and private equity group on our investment in SMB Machinery Systems,” says Benjamin Schnakenberg, High Road principal. “Babson Capital’s deep experience and expertise in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
