BaltCap has invested EUR0.5 million into Latvian business “Vendon”, a producer of monitoring systems and solutions for vending machines. Vendon is a draugiem.lv group company supplying international and local vending machines with Latvian-produced equipment and solutions with support of telemetry systems. These allows monitoring of capital and product flow in the machines as well as efficient receipt of information about damage or other technical problems.   “We’re proud to be one of the few in the world who have developed such solutions which are already highly appreciated and recognised by our current customers. All processes – programming and equipment production

Speciality European Pharma Limited (SEP), a London based pharmaceutical marketing firm, has secured a multi-million pound funding package from Clydesdale Bank that will allow it to expand its market position in 2012. The new banking package comprises a GBP2.5 million loan together with ancillary facilities for four years through to December 2015 and will be used by SEP to fund expansion plans and deliver a period of forecast growth.   Speciality European Pharma was founded in 2006, with the backing of leading UK venture capital firm Advent Venture Partners, to acquire, develop, register and commercialise specialist products for the expanding

Patron Capital has acquired Motor Fuels Group Limited (MFG) in a joint venture with a new management team backed by oil industry veteran, Alasdair Locke. MFG owns and operates 58 mostly freehold petrol filling stations and associated convenience retailing stores located throughout the United Kingdom; it is the fifth largest chain of independent petrol filling stations in the country.  Patron provided the majority of the equity for the transaction alongside Alasdair Locke and members of the management team. Debt finance was provided by Investec Growth & Acquisition Finance, part of Investec Bank plc. Financial terms of the transaction are not disclosed.  

Unipapel SA has completed the purchase of the Continental European business of Spicers Group initiated in the past year. The seller was FTSE 250 company DS Smith plc. The purchase price was approximately EUR222 million. A team of German lawyers from CMS Hasche Sigle led by partner Dr Jochen Schlotter advised the Spanish company Unipapel SA on the German aspects of this international transaction, spanning several areas of law, from the beginning. A large European team from seven offices within the CMS organization, led by CMS Albiñana & Suárez de Lezo carried out this complex deal which included the parallel

Golden Crescent Investments, a Citadel Capital opportunity-specific fund, has signed a share purchase agreement to sell 100% of its interest in National Petroleum Company Egypt Limited (NPC Egypt), a wholly owned portfolio company, to Sea Dragon Energy Inc (Sea Dragon) (TSX-V: SDX), a Calgary-based exploration and development company. Sea Dragon has agreed to pay cash and share consideration equal to USD147.5 million, consisting of USD60 million in cash and 350 million common shares of Sea Dragon to be issued to Golden Crescent at the closing of the transaction at a deemed price of USD0.25 per share, subject to any adjustments

Mid-market private equity firm Bowmark Capital has backed the GBP32 million management buy-out of CSL DualCom (CSL) – the UK’s largest provider of dual-signalling products and services for intruder alarms – from Octopus. CSL pioneered dual-signalling technology, whereby signals are transmitted over both a traditional fixed telephone line and a wireless network, in the late 1990s. This is now regarded as the standard format for alarm signalling and is specified by all leading insurance companies.   The company has grown rapidly over the past five years.  Today, CSL manages the signalling for over 125,000 intruder alarms located in commercial, retail and

Lithuania SME Fund managed by BaltCap has completed a growth capital investment in Labochema, a leading pan-Baltic laboratory supply provider. This is the third investment made by BaltCap’s Lithuania SME Fund.  Labochema (consisting of Labochema LT, Labochema Latvija and Labochema Eesti) is the leading provider of laboratory supplies and related services in the Baltics. Founded in 1991, the company is currently located in Vilnius, Riga and Tartu. Labochema provides customers with a wide range of products including chemicals, reagents, furniture, equipment, instrumentation and consumables from leading global scientific manufacturers. Labochema’s client portfolio consists of top educational, biotech, industrial, pharmaceutical, health

High Street Capital has sold its interest in Mac & Massey (Massey Fair) to Batory Foods, Inc. With branch locations across the continental US, Massey sources and distributes food ingredients for food manufacturers nationwide. Massey’s customers range from local niche, specialty food manufacturers to the Fortune 500. Massey’s management team will join Batory’s team in operating the combined businesses. "High Street Capital has been an excellent partner. Together we were able to leverage the strengths of both parties which ultimately enabled us to successfully optimize the business and its value," says Randy Cimorelli, CEO of Massey Fair. "They "get it"

Preqin’s quarterly deal flow data shows that there were 624 private equity-backed buyout deals in Q4 2011, valued at a total of USD56.7bn – an 8% decrease from Q3 2011. Q4 2011 saw 212 exits valued at USD41.2bn, representing a 27% fall from the USD56.3bn of exits in Q3 2011. However, ideal and exit flow are up 18% and 33% respectively as a whole in 2011 compared to 2010. The 624 deals valued at a total of USD56.7bn in Q4 2011 also represents a lower level of activity than in the same period last year, which saw 703 deals with