Deals
Ecofin Water & Power Opportunities (EW&PO) has entered into a binding agreement to sell its 81.1 per cent holding in Ecofin Energy Resources (EER) for new shares in Amadeus Energy.
EER is EW&PO’s largest investment and is active in US unconventional oil and gas production through its Texas based wholly-owned subsidiary Lonestar Resources.
Amadeus is an Australian oil and gas company listed on the Australian Stock Exchange with virtually all of its assets in Texas. Amadeus will acquire 100 per cent of EER’s capital for newly issued shares. Following completion of the transaction, Amadeus will change its name to Lonestar
PineBridge Investments has acquired an additional 25 per cent stake in Promedica24, bringing its total holding in the company to 75 per cent.
Promedica24 is a provider of household services and care for the elderly in Poland and Germany. The company is headquartered in Poland and has approximately 4,000 employees as of 30 September 2012.
“We are excited to announce our increase in ownership in Promedica24. The company is growing very rapidly and is continuously strengthening its market position in Poland, Romania and Germany. We see further opportunities for expansion and to create long-term value,” says Artur Haze, director of
Salus Capital Partners has provided a USD65m Debtor-in-Possession (DIP) credit facility to HMX Group, a designer, manufacturer and marketer of men’s and women’s business and leisure apparel.
The DIP financing will be used by HMX Group to provide working capital as the company operates under Chapter 11 of the US Bankruptcy Code.
“We are pleased to provide a DIP facility to HMX Group that provides the company with the liquidity, time and a runway to effectuate a transaction that seeks to maximise value for all of the company’s constituencies – its employees, management, shareholders, vendors, and the estate,” says
MCG Capital has closed a USD20m investment in Midwest Technical Institute (MTI).
MCG’s investment consists of a senior secured unitranche credit facility and revolving line of credit.
MTI is a private, post-secondary school providing career education in the fields of welding, HVACR, allied health and cosmetology with five campuses across Illinois and Mississippi.
MCG’s investment is made in conjunction with the recapitalisation of MTI by Summer Street Capital, a private equity firm with more than USD550m of capital to make equity investments that typically range from USD15m to USD30m.
Northstar Offshore Group (NOG), a portfolio company of private equity firm Natural Gas Partners, has completed two shallow water purchases in the Gulf of Mexico for a combined total of USD160m.
On 11 October, NOG acquired the Creole field, located in West Cameron Blocks 2 and 3 in the shallow state waters of Louisiana. On 16 October, NOG acquired a group of shallow water properties located in the federal waters of the Gulf of Mexico’s central region.
Northstar gains a combined 27 blocks, 14 producing fields (of which seven are operated), with a combined 7.4 million barrels of oil equivalent
Private equity firm Arbor Investments, in partnership with management and chief executive Timothy Fallon, has acquired Columbus Manufacturing, a portfolio company of Endeavour Capital.
Columbus, headquartered in Hayward, California, is a branded manufacturer of retail ready, super premium, artisanal salumi and related deli meat products. Terms of the sale were withheld.
Established by the Domenici and Parducci families in 1917, Columbus’ products are exclusively sold through supermarkets, club stores and specialty grocery stores across North America. Columbus operates three manufacturing facilities in the San Francisco area occupying more than 270,000 square feet and has the capability to manufacture a wide
Main Street Capital has sold the majority of its equity interest in Laurus to a private equity investment firm, which has previously made numerous growth investments within the healthcare sector.
Main Street realised a gain of approximately USD9.9m on the deal. As a result of this disposal, Main Street has now realised a 3.4x return on its total debt and equity investments in Laurus, a developer and manager of outpatient healthcare facilities.
Main Street made its initial investment in Laurus during 2004, which consisted of a first lien, secured debt investment with equity warrant participation. Subsequent to the initial investment
The Carlyle Group has completed its acquisition of Getty Images, a creator and distributor of still imagery, video and multimedia products, in a transaction valued at approximately USD3.3bn.
With the completion of the transaction, The Carlyle Group has acquired a controlling stake in Getty Images.
Getty Images co-founder and chairman Mark Getty and the Getty family have rolled substantially all of their ownership interests into the acquisition. Getty Images management, including co-founder and chief executive officer Jonathan Klein, has invested significant equity in the company.
"We are pleased to announce the completion of this transaction in partnership with The Carlyle
Harvest Partners, a New York-based private equity firm, has completed the acquisition of FCX Performance, in partnership with existing management, from Sterling Investment Partners.
Sterling will maintain an ownership stake in the company. Terms of the transaction were not disclosed.
Based in Columbus, Ohio, FCX is an industrial, specialty process flow control distribution company, providing technical, mission-critical products and value-added services to more than 15,000 end users, original equipment manufacturers and engineering and construction firms across the process, energy and high purity industries. The company’s target end markets include chemicals; upstream, midstream and downstream oil and gas; power; steel; pulp
Grey Mountain Partners has acquired the assets of North American Specialty Glass (NASG) out of Chapter 7 Bankruptcy.
Headquartered in Pennsylvania, NASG is one of the largest safety and security glass producers in the US, serving customers worldwide with high-performance transparency systems for transportation, architectural, military and other specialty end-use applications.
Additionally, NASG is an industry leader in the development of glass and polycarbonate laminate technology.
Tom Ryan, chief executive of Consolidated Glass Holdings, an affiliate of Grey Mountain Partners, says: “With a commitment to customer service and quality products, NASG has a reputation for providing consistently superior laminated glazing
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
