Deals
An affiliate of Versa Capital Management has acquired the operating businesses of Hatteras/CABO from Brunswick Corporation.
Hatteras Yachts produces sportfishing and luxury motor yachts, while CABO Yachts builds sportfishing express boats from 36 to 52 feet.
The acquisition is effective immediately. Purchase terms have not been disclosed.
“Both Hatteras and CABO are cornerstone American brands in their respective luxury marine markets, and both have been affected during the extended economic downturn,” says Gregory L Segall, chief executive of Versa Capital. “Working with the company’s seasoned management team, we see great opportunity to build value in these businesses
Arma Partners acted as exclusive financial adviser to Avelo FS Holdings Limited – majority owned by LDC – on the sale of the company to IRESS for an enterprise value of GBP210m.
Avelo is a provider of integrated technology solutions, software and consultancy to the financial services industry in the UK. The company provides software solutions to a long-standing blue chip customer base spanning 32,000 users, financial advisers and brokers, including 93 of the top 100 IFA firms in the UK. Avelo also provides large-scale software solutions for mortgage origination and distribution to some of the UK’s largest banks
REC, a provider of solar electricity solutions, has developed, constructed, financed and sold four solar power installations in Villacidro (4,986 kW), Pischedda (996.4 kW), Ulmos (901.6 kW) and Lula (990 kW) on Sardinia to KAV Global Energy, an investment arm of the Luxembourg Investment Fund IKAV SICAV FIS.
IKAV acquires European solar plants and its stakeholders are European insurances and pension funds. The investment advisor is ecoprime in Hamburg, which supported the fund in the identification, selection and sales negotiation processes.
“A good return on investment (ROI) is key in selecting solar investments. Looking at the track record of
Middle market private equity firm Huron Capital Partners has made the first in a series of planned investments in the dental services industry with an investment in Dynamic Dental Partners (DDP).
Based in Sarasota, Florida, DDP is a dental services organisation that provides operational support to a network of dental practices located in Florida, Arizona and Virginia.
"We are thrilled to be partnering with Huron Capital," says Dr Alex Giannini, DDP’s chief executive. "We see a significant opportunity to continue building DDP and are grateful to have a like-minded partner in Huron who can provide the capital and operational
Livingstone’s consumer sector team has advised ISIS Equity Partners on its GBP9m investment in the management buy-out of Key Travel, with Livingstone’s debt advisory team advising on the leveraged debt facilities.
Key is a travel management company (TMC) dedicated to serving the travel requirements of the not-for-profit, academic and faith sectors with clients and offices in the UK (Manchester, London, Liverpool and Edinburgh), Europe and the US.
With over 30 years’ experience within these sectors, Key provides airline tickets, hotels, rail tickets, visas and risk management services to clients including charities and universities. These include Oxfam and Save
Rotunda Capital Partners, a middle market private equity investment firm, has sold its investment in Worldwide Express to a group of investors including a significant investment from the management team.
Financial terms have not been disclosed.
“We developed a strategic partnership with the Worldwide Express management team and are proud to be involved in building the company into one of the leading third party logistics providers serving the small and medium sized business market,” says John Fruehwirth, managing partner at Rotunda Capital. “The company achieved significant growth during our investment and we are pleased to provide our investors
Wealth management boutique Signia Wealth acted as an adviser to EME Capital in its offer for Theo Fennell Plc and played a key role in introducing co-investors into the acquisition vehicle for the transaction, Mirfield 1964 Plc.
Theo Fennell is a British designer of jewellery and silverware.
The deal reflects Signia’s entrepreneurial approach to investment, where exclusive investment opportunities are made available to clients with a preference for direct private equity investing and tailored wealth management products.
Nathalie Dauriac (pictured), founder and chief executive of Signia Wealth, says: “The Theo Fennell transaction is a powerful illustration
TA Associates, a growth private equity firm, has completed an investment in Flashtalking, an international advertising technology company.
Terms of the investment have not been disclosed.
Flashtalking provides a software platform for intelligent ad serving – the creation and delivery of online advertising campaigns, including robust post-delivery analytics and reporting. Customers build, execute and track campaigns via an efficient self-service platform.
The company offers products for desktop, tablet and mobile devices across multiple ad formats, including video, rich media and standard display. This is complemented by a dynamic creative platform that is used to deliver real-time creative
Hub International, an insurance brokerage, has entered into an agreement to be acquired by funds advised by Hellman & Friedman.
The transaction values Hub at approximately USD4.4bn.
Under the terms of the agreement, investment funds managed by Hellman & Friedman will hold a majority interest in the company, while members of Hub’s senior management will continue to have a significant equity position.
With more than 6,500 employees in the US (including Puerto Rico), Canada and Brazil, Hub is expected to achieve 2013 revenue of approximately USD1.2bn, after the annualised impact of acquisitions.
Martin Hughes, Hub chairman
Blackstone has closed on its acquisition of Strategic Partners from Credit Suisse.
Strategic Partners is a secondary private fund of funds business, with USD10bn in assets under management.
Strategic Partners seeks capital appreciation through the purchase of secondary interests in private equity, real estate and venture capital funds from investors seeking liquidity on a fair, timely and confidential basis. From its start in 2000, it has raised over USD11bn of capital commitments, completed over 700 transactions, and acquired over 1,500 underlying limited partnership interests.
Strategic Partners’ team of 29 secondary investment professionals is headed by Stephen Can
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
