Allocations
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
Private equity firm Aretex Capital Partners is to acquire Alerian, a provider of energy infrastructure indices and market intelligence based in Dallas, Texas. The terms of the transaction have not been disclosed.
Alerian develops and maintains a series of indices for the energy sector and equips investors to make informed decisions about investments in energy infrastructure. Alerian licenses its indices to third parties for the creation of investment vehicles, such as Exchange Traded Products (ETPs). These investment vehicles are structured products that are separately managed by product issuers, including well-known global asset managers and investment banks. ETPs are co-branded with
A cross-jurisdictional Carey Olsen team has advised Strategic Value Partners (SVP) in its acquisition of Vita Group from TPG.
The UK-based Vita Group, which had been owned by TPG since 2005, develops, manufactures and markets flexible polyurethane, Talalay latex and flooring products to customers across Europe, the US and China. It operates 37 sites in 15 countries and employs around 2,700 people. Last year it recorded preliminary sales of EUR704 million and Ebitda of EUR40 million. The transaction, which completed on 10 May, was for an undisclosed sum.
The Carey Olsen team assisting SVP on the various corporate and
Capzanine, a European private investment management company, has completed its first transaction in Germany – an investment via a unitranche instrument in Magix, a provider of video and music editing software and digital content.
Founded in 1993, Magix provides software for designing, editing, archiving and presenting videos, music, photos, graphics and websites. Its solutions go beyond the PC platform and include seamlessly integrated online and mobile applications as well as cloud services. The company is one of the pioneers in Virtual Reality editing and markets its products to 15 million users in 179 countries across the globe. Via its academy,
Avedon Capital Partners and Management have sold VanRiet Material Handling Systems (VanRiet), a provider of integration systems, equipment and after-market services solutions, to Material Handling Systems (MHS), a leading provider of advanced parcel sortation systems, engineering and equipment, backed by Thomas H Lee Partners.
Closing is subject to regulatory approvals.
Founded in 1948 and based in the Netherlands, VanRiet offers a complete range of automated sortation systems, integration and engineering services, sortation equipment, and after-market services solutions to its global, blue-chip customer base. With an experienced and highly qualified management team and employee base, VanRiet serves high-growth end markets,
Seedcamp has held the final close of its fourth fund at GBP60 million, in a heavily oversubscribed round that includes GBP2 million of investment from Seedcamp founders and mentors through a new partnership with equity crowdfunding platform, Seedrs.
The announcement comes six months after the first close of Fund IV at GBP41M in November 2017.
New investors in Seedcamp Fund IV include over 100 founders, mentors and angels from the Seedcamp nation including the likes of Daniel Dines (UiPath), Taavet Hinrikus (TransferWise), Sten Tamkivi (MoveGuides), Ryan Notz (MyBuilder) and Bostjan Spetic, Andraz Tori and Todd Sawicki (Zemanta). Seedcamp Fund
Carey Olsen has advised Techemy Capital Limited on the launch of HODL 1 – a closed-ended fund vehicle targeting investments into private-sale stage initial coin offerings (ICOs).
The fund, which has been authorised under the Jersey Private Fund regime, has appointed Techemy Capital Limited as investment adviser and will invest in cryptographic token deal flow.
The Techemy Group, based in New Zealand, owns and operates a range of businesses which assist in institutionalising this new asset class.
Partner James Mulholland led the Carey Olsen team advising Techemy Capital and was assisted by senior associate Lauren Fletcher.
Mulholland
Facebook and Luxcara, an asset manager for renewable energy investments, have entered into long-term power purchase agreements (PPAs) for 100 per cent of the output and environmental (green) attributes of three contiguous wind projects – Gravdal, Skinansfjellet and Eikeland-Steinsland – in southwest Norway.
The projects, known collectively as the Bjerkreim cluster, will consist of seventy wind turbines of 4.2 MW each and should reach commercial operation in Q4 2019.
Facebook’s PPAs will provide the long- term financial certainty needed for the projects, which comprise an aggregate investment exceeding EUR400 million, to be financed, constructed, and operated by Luxcara. The
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
