Allocations
Smurfit Kappa Group (SKG) is to acquire Reparenco, a privately owned paper and recycling business in the Netherlands, for a cash consideration of approximately EUR460 million.
Reparenco operates a two machine paper mill in the Netherlands with a capacity of 675,000 tonnes together with a 750,000 tonne recovered fibre operation. Reparenco employs 315 people with Gross Assets of EUR189 million and generated EBITDA of EUR41 million in the 12 months to April 2018, during which time the business continued to ramp up production.
The acquisition represents a transaction multiple, pre-synergies, of 6.4x the expected full year 2018 EBITDA for
Future Finance, Europe’s leading private student lender, has closed a GBP100 million funding facility agreement with Waterfall Asset Management.
To date, Future Finance has raised over EUR90 million in equity and GBP150 million in debt. The new debt facility will allow Future Finance to continue to grow its student lending business, which has already funded close to GBP70 million in loans to deserving students.
Future Finance’s mission is to expand access and opportunity for deserving university students and young professionals in the UK.
Future Finance CEO Alex King says: “This funding facility agreement is an important piece of the puzzle
Oakley Capital Investments’ Oakley Capital Private Equity II is to sell its stake in Facile.it, an Italian price comparison website, to EQT VIII (EQT).
Oakley Capital Private Equity III (Fund III) will invest EUR80 million alongside EQT as a minority partner to continue to benefit from Facile’s strong market leading position in the Italian market, which still has significant structural growth potential.
The Company will realise estimated cash proceeds of approximately GBP52.2 million on completion of the sale of Facile. The realisation would represent an increase of GBP19.1 million to the December 2017 NAV, lifting the NAV per share
High Street Capital has closed its fifth fund, High Street Capital Fund V SBIC, with USD165 million of committed capital. The fund will follow the same operations-led strategy which has allowed the firm to generate strong returns for its investors over the last 21 years.
Joe Katcha, Co-Founder and Investing Principal, says: “With this fifth fund, our goal remains the same: to bring expertise, ideas and experience in addition to capital to help our businesses improve and grow. We are grateful for the support of our loyal investors, many of whom have invested through multiple funds and have seen us operate
Aquiline Capital Partners, a New York-based private equity firm investing in financial services and technology, has acquired RIA in a Box, software as a service (SaaS) provider of compliance solutions to the registered investment adviser (RIA) industry.
Financial terms of the deal have not been disclosed.
In a complex and evolving regulatory environment, RIA in a Box provides compliance workflow solutions to wealth managers. The company assists with initial RIA registration, provides ongoing compliance software post-formation, and helps compliance officers at larger firms to oversee more complex organisations. The company also offers other SaaS-based services such as CRM, billing,
Private equity firm Permira is to invest USD350 million in WeddingWire, an online marketplace connecting engaged couples with wedding professionals, becoming the Company’s majority shareholder.
As part of the transaction, WeddingWire’s management team and existing investor Spectrum Equity will maintain a significant minority ownership in the Company. The new investment will support WeddingWire as it continues to expand in the US and internationally, launch new innovations and leverage the industry’s ongoing shift to online advertising.
Founded in 2007, WeddingWire’s marketplace is a leader in the USD200-plus billion global wedding industry, connecting engaged couples with local wedding professionals and providing
Keensight Capital has acquired a majority stake in Biovian, a European specialist in contract manufacturing and development of biopharmaceuticals, alongside the founders and the managers, and Edmond de Rothschild Equity Strategies (ERES) funds.
Founded in 2003, Biovian is a one-stop-shop GMP (Good Manufacturing Practice) CDmO of biopharmaceuticals providing manufacturing and development services from early stage to finished product. The company offers its expertise and state-of the art technologies for clients in many therapeutic areas including immuno-oncology, gene therapy and vaccine development. Biovian’s broad service offering includes comprehensive analytical solutions to support drug substance and drug product development and release, as
Houlihan Lokey has acquired BearTooth Advisors (BearTooth), an independent advisory firm providing strategic advisory and placement agency services to alternative investment managers.
BearTooth was founded in 2014 by Bob Brown, Andy Lund, Jim McGee, and Riverstone Holdings LLC and operates as a division of Riverstone Capital Services LLC and Riverstone Europe LLP. BearTooth’s Partners include Brown, Lund, McGee, and Cristina Forcina Westermann, who collectively have more than 60 years of experience at leading alternative investment management firms and traditional placement agents. Through this unique combination of agency and in-house operating experience, BearTooth seeks to provide general partner clients with a
Global investment bank GCA Altium has advised video games label Team17 on the completion of its initial public offering (IPO) on the Alternative Investment Market (AIM) of the London Stock Exchange, which included a GBP107.5 million fundraising.
On admission, Team17 had a market capitalisation of GBP217 million.
This is the second recent IPO led by GCA Altium following the GBP171 million flotation of lifestyle fashion retailer Footasylum, and further expands the investment bank’s record in the digital and gaming space having previously advised on transactions involving Zynga, boohoo and Tidal.
A global developer and publisher of independent,
Private equity firm SFW Capital Partners (SFW) has made a strategic investment in Swiftpage, a provider of customer relationship management software to owners and managers of SMBs across the world.
SFW’s principals have supported some of the most successful and well-regarded companies in the software, information, and workflow solutions sectors, including DaySmart Software, DZone, Gerson Lehrman Group, AGDATA, MD Buyline, IAG Research, and Telephia, among others. Swiftpage marks another platform investment for SFW in the small-and-medium sized business (SMB) information management and workflow solutions sector, having invested in DaySmart Software in September 2016. With SFW’s strategic support and resources, Swiftpage
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
