Bluewater Bio International has completed a GBP22.5 million financing round. The transaction was led by specialist Cleantech investors Ombu Group (Ombu) and Hermes GPE Environmental Innovation Fund LP (Hermes GPE), with GP Bullhound advising Bluewater Bio. The board of Bluewater Bio believes that this transaction represents one of the largest growth capital finance rounds in the water sector over the last 12 months and reflects the Company’s recent commercial progress.   Stephen Brooke, CEO of Ombu Group, says: “Water technology is a core sector at Ombu and Bluewater Bio is the most exciting company we have seen in the field

Pinetree Capital Ltd has acquired ownership of 1,500,000 common shares and 750,000 common share purchase warrants of Mega Precious Metals Inc. Each Warrant entitles the holder thereof to acquire one additional common share at a price of USD0.85 until March 23, 2014. In the event that the Warrants are fully exercised, these holdings represent approximately 0.7% of the total issued and outstanding common shares of Mega as of 23 March, 2012, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree and its joint actors collectively held, as at 23

HIG Europe, the European arm of private equity firm HIG Capital, has acquired Brand Addition, a European leader in the supply of promotional merchandising, from UK listed firm 4imprint, in a management buyout valued at GBP24 million. Based in Manchester, Brand Addition is a market leader in the provision of promotional products to large corporates across Europe for use in their corporate marketing and consumer promotion campaigns. The business provides a full outsource service including product design, ethical sourcing, stock holding/management, international logistics and web creation/hosting. Customers include numerous Global Fortune 500 companies. The company employs 260 people across five offices in the

Energy Investors Funds (EIF) has completed the sale of the Watertown, NY-based Black River Generation plant to ReEnergy Holdings, LLC.  Terms of the deal have not been disclosed. Black River Generation is a 55 MW coal-fired facility located on the Fort Drum U.S. Army Base in Watertown, NY. The project commenced commercial operations in 1988.  EIF’s United States Power Fund, LP acquired the project in 2004.  ReEnergy Holdings plans to convert the facility to a biomass power plant. “Black River Generation has been a solid investment for our firm and investors,” says Robert Franson, Vice President at EIF. “ReEnergy is

Ernst & Young’s Transaction Advisory Services (TAS) has expanded its US M&A and Capital & Debt Advisory business, which provides sector-specific advice on transaction strategies, buy- and sell-side M&A execution, and private capital raising. The US M&A and Capital & Debt Advisory team helps corporations and private equity firms improve their competitive position through Ernst & Young LLP’s affiliated registered broker-dealer, Ernst & Young Capital Advisors. "The transaction market has demanded advisors with a greater sector focus," says Richard M Jeanneret (pictured), Vice Chair, Transaction Advisory Services at Ernst & Young LLP. "Our US practice in M&A and Capital and

The management team of corporate travel company, TD Travel Limited, has completed a buyout of the business backed by LDC, the leading mid-market private equity investor, for an undisclosed sum. TD Travel, which was established over 25 years ago and has sales of GBP45m, specialises in providing personalised business travel consultancy and booking services to over 500 companies. It employs a team of 60 experienced consultants across its offices in Wilmslow, Hull, Liverpool and Leeds and it is one of the UK’s leading independent corporate travel management companies. Its consultants help customers save money on their travel expenditure by advising

Investcorp, in partnership with existing management, has acquired GL Education Group (GLE), formerly Granada Learning Group, the UK provider of non-regulated pupil and school assessment solutions for primary and secondary schools, from private equity firm Veronis Suhler Stevenson.  Terms of the transaction have not been disclosed. Based in London and founded in 1981, GLE provides assessment products and services used by teachers to measure students’ core abilities and to take decisions about their learning paths. The company comprises two business units, GL Assessment and GL Performance, which, together, deliver to more than 15,000 schools the tools to help raise standards