Deals
Ridgemont Equity Partners, a middle market buyout and growth equity investor, has closed an equity investment in Simpleview, a provider of software and digital marketing services to destination marketing organisations (DMOs).
The existing management team, led by chief executive Ryan George and president Rich Reasons, will continue to run the business and has invested alongside Ridgemont in the transaction.
The financial terms of the transaction were not disclosed.
Headquartered in Tucson, Arizona, Simpleview provides a cloud-based comprehensive technology platform which connects DMOs around the world to travellers, meeting planners, and local businesses. The company’s services include customer
Somo is one of the first beneficiaries of the new MMC London Fund, launched this week at London’s City Hall.
The fund, managed by the Mayor of London and partly financed by a grant from the European Regional Development Fund, is intended to support the growth of London-based businesses.
The investment from MMC Ventures will primarily be used to further expand and develop Somo’s licensed mobile technology products and platforms.
Somo, which celebrated its fourth birthday last month, has also announced the opening of a second London office to house its team of 20 technology engineers. The
AXA Private Equity has signed a binding agreement with Progressio SGR, on behalf of the Fund Progressio Investimenti II, to sell its majority (88 per cent) stake in Duplomatic Oleodinamica.
Based in Parabiago, Milan, Duplomatic Group is a producer of hydraulic valves, pumps and oil-pressure activated systems which are mainly used in industrial applications for industries such as energy, machine tools, construction machineries, rubber and wood industry as well as naval and agricultural industry.
AXA Private Equity acquired the majority of the group in 2008 with the objective of strengthening its market position. The firm implemented a growth
Law firm Eversheds has advised ECI Partners on the secondary management buy out of premium rail travel company Amber Travel from Primary Capital, valuing the business at over GBP50m.
Amber Travel is a leading player in the specialist rail tour industry, offering escorted group holidays to destinations around the world. Operating three brands and with a combined turnover of GBP67m, the company is expected to continue to grow strongly under ECI ownership.
ECI is a UK-based growth-focused mid-market private equity firm with an extensive travel portfolio. Chris Watt, head of ECI’s consumer team, and George Moss led the
The Scottish Loan Fund (SLF), which is managed by Maven Capital Partners, has invested in three more growth-focused businesses.
In the two years since launch the SLF has now committed over GBP28m of funds in 11 Scottish SMEs.
Set up to address the market need for finance, funding from the SLF continues to help companies in Scotland to achieve their business plans and facilitate the next stage of their growth aspirations.
Compound Semiconductor Technologies Global (CST) received GBP1.7m of funding to acquire new equipment which will enable it to bring more parts of the production process in-house,
Water Street Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, has invested in CCBR-SYNARC.
Comprised of two businesses that specialise in outsourced clinical services, CCBR-SYNARC expands Water Street’s global presence in the pharmaceutical services sector. It also marks the healthcare firm’s first investment from its new fund, Water Street Healthcare Partners III, which it closed last year after receiving USD750m of investor commitments in less than eight weeks.
CCBR-SYNARC is a provider of clinical services to the world’s largest pharmaceutical and biotechnology companies. The company’s SYNARC business, based in Newark, California, specialises in imaging
Rockpool Investments, the private equity investment firm headed by Nicola Horlick, has completed a first close of a planned GBP1.675m investment in Chicago Rib Shack, the fast casual dining restaurant founded and operated by Christian Arden.
The EIS-qualifying investment, which was taken up by members of the Rockpool Network and investors in Rockpool’s EIS portfolio service, will fund the opening of new restaurants across the UK.
The new Chicago Rib Shack format is based on operating barbecue-themed restaurants in UK shopping malls. The first unit opened in September 2011 in the “world food court” at Westfield shopping centre
RJD Partners has exchanged contracts to realise its investment in Ipes, one of Europe’s leading providers of fund administration and outsourcing services, in a buyout backed by Silverfleet Capital.
The transaction values Ipes at GBP50m, giving a return to RJD of 3x its original investment. Final completion is subject to obtaining regulatory approval.
Ipes is the fourth successful realisation from RJD’s second fund, RJD Private Equity Fund Il, which closed in July 2007. The first three realisations were Teaching Personnel, TransLinc and Raphael Healthcare.
RJD backed the GBP25m buyout of Ipes from its original founder in September 2008,
Segulah IV has entered into an agreement to sell 100 per cent of the shares in Medstop Group to Oriola-KD.
The transaction, which is subject to the approvals of the Swedish Competition Authority (Konkurrensverket) and the Swedish Medical Products Agency (Läkemedelsverket), values the company to SEK1,460m including an estimate of a conditional earn-out payment. The transaction is expected to be completed in the second quarter of 2013.
The Medstop pharmacy chain has a total of 65 pharmacies located in the Stockholm, Gothenburg and Malmö areas. In 2012, net sales were SEK2,300m and EBITDA SEK99m, excluding non-recurring items. Medstop’s
Maven Capital Partners, a private equity and alternative asset manager, has completed the acquisition of Fundamental Tracker Investment Management (FTIM) from City of London Group.
The primary business of FTIM is The Munro UK Dividend Fund, a passive tracker OEIC which will be rebranded under the Maven name in due course.
The fund aims to track the returns of the largest shares in the UK stock market, using an innovative dividend forecast model to determine asset allocations. This enables fund weightings to be based on a more fundamental measure of business performance, rather than the price bias used
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
