Lyceum Capital has funded the merger of two of the UK’s biggest independent drainage companies – a transformative deal which creates a GBP50 million turnover, market-leader in the provision of specialist services to the household, industrial, commercial, transport and water sectors.   In January 2010 Lyceum Capital acquired a majority stake in the largest drainage claims manager in the home insurance market, UK Drainage Network (UKDN).  The mid market investor has implemented a programme of organic growth which has driven a 30 per cent increase in revenues since the acquisition.   The merger of UKDN with Slough-based Waterflow Holdings is

Vision Capital has agreed to sell Terphane to Tredegar Corporation (NYSE: TG), a global manufacturer of plastic films and aluminium extrusions, for USD188 million. Under Vision Capital’s ownership, Terphane, a leading manufacturer of speciality polyester films with operations in Brazil and North America, has made rapid operational and financial progress, benefiting from a clear strategic and operational business improvement plan. Andrew Hawkins, a Managing Partner at Vision Capital, says: “The strategic plan and investment we have made in Terphane have yielded excellent results. The business is now on a very strong platform for future growth. Tredegar is a world leading

Cleary Gottlieb is representing JC Flowers & Co in its EUR243.6 million acquisition of Fidea (Belgium) from the KBC group. The transaction was signed on 17 October, 2011 and is expected to be completed in the first quarter of 2012, subject to customary regulatory approvals. The divestment of Fidea is part of KBC’s wider restructuring plan, approved by the European Commission, following government support received by KBC in 2008. Fidea is a complementary insurance distribution channel (under a separate brand name) that KBC used in addition to its core bancassurance platform built around tied insurance agents and bank branches. It

APAC Customer Services, Inc has been acquired by One Equity Partners (OEP) the private investment arm of JPMorgan Chase & Co. One Equity Partners paid APAC stockholders USD8.55 per share in cash, which represents a premium of approximately 57% over APAC’s closing share price on July 6, 2011, the last trading day prior to the announcement of the transaction. One Equity Partners is the majority owner of NCO Group, Inc, a leading global provider of business process outsourcing services. As previously disclosed, OEP intends to continue to seek to combine APAC with NCO Group to build market leadership in business

Sullivan Street Partners, alongside Oakfield Capital and with financing from Indigo Capital, has acquired Taylor Continental Group, a leading UK producer of commercial and industrial waste containers with annual revenues of over GBP20m, from ECI Partners. Taylor was acquired by ECI Partners in 2005 and Sullivan Street partner Richard Sanders has been involved with the business and management team since 2006. Under the ownership of ECI Partners the company has streamlined and professionalised its operations to become a defensive, cash-resilient business poised for both domestic and international growth. Following a process to find a suitable partner for this next stage

An affiliate of UK Sun European Partners, LLP, the European adviser to Sun Capital Partners, Inc., has signed an agreement to acquire Kobusch-Sengewald, an international producer and processor of custom-designed plastic packaging from Pregis Corporation. The deal is conditional upon the appropriate regulatory clearances. Kobusch Sengewald is a leading provider of high value, bespoke, plastic-based flexible and semi-rigid packaging solutions to the food, chemical, hygiene product and medical sectors. The business benefits from its unique technical capabilities, custom-made product offering, and geographical presence providing a “one-stop-shop” of tailored solutions to customers across multiple jurisdictions. Kobusch Sengeweld employs over 1,100 employees

Perceva Capital, the independent French investment firm, has acquired a majority stake in Mariteam, a leading French fishery and seafood distributor. Mariteam, which until now operated as GS Invest and which regroups ten regional affiliates, ensures the supply, preparation and distribution of seafood to over 1 500 clients, guaranteeing the quality and the traceability of its products.     This recapitalisation provides Mariteam with the means to further develop its services with historic clients (wholesalers, fishmongers, distributors, and seafood restaurants) and to expand into new sectors with a larger geographic reach.   By adopting the Mariteam brand and by welcoming Perceva

The management team of Edmond de Rothschild Private Equity Select LLP (Select), led by David Seligman, has acquired the majority interest in Select held by La Compagnie Financière Edmond de Rothschild Banque SA (LCFR). This follows LCFR’s decision to reduce its commitment to private equity sponsorship, largely as a result of changes in the regulatory and market environment.    Select, which has changed its name to Seligman Private Equity Select LLP, will continue to manage private equity funds-of-funds, investing in small European buy-out and growth equity funds. This segment of the private equity market has out-performed historically, due to less competition, a

Anthemis Holdings Sarl, the strategic investment subsidiary of Anthemis Group SA, has closed a EUR1.87 million round of new investment in Fidor Bank AG, a provider of online financial services and e-commerce banking solutions.

 Formed in 2010, Anthemis Group invests in companies that leverage technology to build innovative and disruptive financial services businesses. Fidor Bank is reinventing banking with a more user-friendly, customer-centric and transparent approach that leverages modern web, mobile and social technologies making it a natural fit with our strategy and a significant addition to the developing Anthemis ecosystem.

 Fidor Bank, together with its subsidiaries is a Munich-based