Electra Private Equity has agreed to sell its interest in Capital Safety Group (CSG) to KKR. The total value of the deal is approximately USD1.1 billion. CSG is one of the world’s leading manufacturers of fall protection, confined space and rescue equipment.

 Completion, which is expected in January 2012, is conditional and subject to regulatory clearances, amongst other things.

 Subject to completion, Electra is expected to receive proceeds in the region of GBP54 million based on today’s exchange rates. This would represent an uplift of GBP28 million or 104% on the valuation of CSG, inclusive of accrued income, at 31

Boston-based private equity firm Riverside Partners has entered into an agreement to acquire a majority equity interest in ITC Global (ITC), an international provider of satellite communications services to mining, energy and maritime businesses operating in remote or harsh environments. As part of the transaction, Riverside Partners will also provide the Company with significant capital to support ITC’s future growth initiatives. ITC is headquartered in St Petersburg, Florida. The investment is expected to close following customary regulatory approvals. ITC Global provides enterprise grade satellite communications services on a global basis. ITC’s customers enjoy custom-designed, innovative solutions, including regional and/or global

IMG Partners LTD (IMG) has selected IntraLinks’ cloud-based solutions to securely communicate with its global investor community. IMG, an independent private equity real estate fund manager focused on the Russian market, is using IntraLinks to raise its second fund, Russia Development Fund II. "In the current fundraising environment, investors have significant demands for timely access to large quantities of due diligence information," says Stephen Terzolo, Investor Relations Manager at IMG. "Previously, IMG used traditional fundraising methods, such as postal mail, e-mail, courier services and on-site visits, to communicate with investors. As the global regulatory environment has evolved, there is now a need

With the support of majority shareholder Perceva Capital, SHARK, the leading French supplier of motorcycle helmets, has acquired Holding Trophy, owner of motorcycle clothing and accessories brands Bagster, Bering and Ségura.   Present in over 30 countries, Holding Trophy is the French leader with over 25% market share and a turnover of roughly EUR30 million in 2010, of which 20% comes from exports. The newly created group is exclusively dedicated to motorcyclist gear (clothing, gloves and helmets) and vehicle equipments (custom saddles, soft luggage, petrol tank, leg and hand grip covers).   This build-up acquisition for SHARK was orchestrated by

European private equity firm Cinven has completed its acquisition of Guardian Financial Services, the UK closed book of life and pensions business. Cinven reached agreement to acquire Guardian from AEGON in August 2011 for an enterprise value of GBP275 million. The transaction was originated by Cinven’s Financial Services team as part of its analysis of the European life assurance market.   The investment provides a consolidation platform for Cinven in the European closed life assurance market driven by factors including the fragmented nature of the market; commercial pressures on smaller operators; banking institutions looking to exit insurance assets and overseas

In a move reflecting increasing investor confidence in Sabien Technology and its patented M2G boiler control, specialist investment manager Amati Global Investors has doubled its shareholding in the company to 17.4%. The share purchase coincides with a recent Sabien ‘case study’ for the Department of Energy and Climate Change (DECC – see Note 2) The case study for  DECC, demonstrates the appeal of Sabien’s technology offering to a wide cross section of both private and public companies  and the growth Sabien is experiencing as a result It is no coincidence that some of the highest ranking companies in the CRC

Stirling Square Capital Partners, a pan-European private equity firm focused on transformational cross-border transactions, has made a EUR40m growth capital investment into Portugal-based Omni Helicopters International. Based in Lisbon, Omni is the helicopter services specialist that was recently de-merged from the broader aviation group Omni Aviação SGPS S.A.; it owns a fleet of medium- and heavy-lift helicopters servicing the oil & gas industry and emergency medical transportation services.  The Company’s helicopter fleet is operated by its Brazilian affiliate Omni Taxi Aéreo, the country’s second largest oil & gas helicopter services operator with 40 aircraft under management.  Brazil has one of

Geneva headquartered investment management firm Index Ventures SA has appointed Jersey-based alternative asset fund administrator EFG Securities Services as Administrator to Index Ventures Growth II (IVGII), a Jersey domiciled Venture Capital Fund which has raised EUR 500m in commitments from investors and will be making late stage investments in technology and life science companies.   The fund, the largest of its type to be raised in the past five years, had its final closing in late summer and has since made two investments, including Dropbox, the innovative online storage provider.   IVGII is a Jersey Expert Fund and is the

Arma Partners acted as exclusive financial adviser to intergenia AG on the sale of a 51% stake in the firm to Oakley Capital Private Equity LP.  Oakley Capital Private Equity LP is an unlisted UK and European mid-market private equity fund with the aim of providing investors with significant long term capital appreciation. As part of the transaction, Oakley Capital Investments Limited (AIM: OCL) will be providing EUR10 million of senior financing, with the Fund providing an additional EUR30 million of equity financing to fund the acquisition. Management and the founders will retain a 49% stake in the business post-acquisition and