Allocations
Bravo Brio Restaurant Group (BBRG), the owner and operator of the BRAVO! Cucina Italiana and BRIO Tuscan Grille restaurant concepts, is to be acquired by Spice Private Equity, an affiliate of GP Investments (GP) in a deal worth USD100 million.
The transaction proceeds will be funded by Spice, along with certain third party financing sources.
Under the terms of the merger agreement, BBRG’s shareholders will receive USD4.05 per share in cash. The purchase price represents a premium of approximately 37 per cent over the volume weighted average price of the Company’s shares for the 90-day period immediately preceding the
Private equity is well-placed to support the European Commission’s recently announced sustainable finance plan announced, but any further measures need to take into account the diversity of the industry, says Invest Europe.
The European Commission Sustainable Finance plan follows January’s report from the High-Level Expert Group.
Among other recommendations, the European Commission Sustainable Finance plan – which follows January’s report from the High-Level Expert Group – outlines that institutional investors and asset managers must explicitly integrate material environmental, social and governance (ESG) factors and long-term sustainability into their fiduciary duties.
“The EU’s goal of transitioning to a sustainable
Capzanine is selling its stake in Oui Care as part of a Sponsorless transaction arranged by the group’s founder, Guillaume Richard.
The origins of the Oui Care group date back to 1996 in Lille. It is now France’s market leader in personal and household services, providing house cleaning, childcare, adult day care, gardening and local concierge services at the homes of its 100,000 customers. Oui Care is underpinned by a network of over 400 agencies in France and in Spain. It employs 17,500 people and has been one of France’s main job creators in recent years, hiring 6,500 people in
LeoVegas, Sweden’s leading mobile gaming operator, has completed its acquisition of the assets of Intellectual Property & Software Limited (IPS) and other related assets from two further companies, including brands such as 21.co.uk, Slotboss, BetUK and UK Casino.
Corporate lawyers from leading offshore law firm Carey Olsen advised LeoVegas on the GBP65 million purchase of IPS and its associated brands – now collectively known as Rocket X – alongside UK lead counsel Baker McKenzie.
The Carey Olsen team was led by partner Annette Alexander, with assistance from senior associate Arya Hashemi and associate Felicity White. The firm advised on
Dash Financial Technologies co-founders Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the business from private equity firm GTCR in a management-led buyout.
Dash is the provider of a multi-asset trading technology and execution service platform.
Maragos will continue to lead the business as CEO and a board member, while Steven Begleiter, Managing Director of Flexpoint Ford, will serve as Non-Executive Chairman, and Daniel Edelman, Principal of Flexpoint Ford, will join as a board member.
“This is a very exciting moment for our firm as we embark on the next
Nova Capital Management (Nova) is to sell its portfolio company, Ashland Hardware (Ashland), to Tyman plc for a price of USD101 million.
Nova acquired Ashland as part of a portfolio acquisition of five businesses from Newell Rubbermaid (now Newell Brands) in September 2013. Profits at Ashland have more than doubled under Nova’s ownership.
Nova was advised on the transaction by Robert W Baird & Co, Reed Smith LLP and Deloitte LLP.
Albion Capital has closed its 2017/2018 VCT top up offers after successfully raising the GBP32 million targeted amount. The offers, which launched on 6 September 2017, are fully subscribed across the five Albion VCTs participating in the fundraising. 


Albion Capital will now focus on investing the money raised in technology-driven, high growth companies, with a particular emphasis on its sector specialisms in digital healthcare, automation, digital security and data analytics. 


Albion has expanded its presence in the technology sector significantly in recent years, with notable investments including Black Swan Data (predictive analytics), Egress (data privacy and communication platform), Panaseer
Station 12 Asset Management, a specialist venture capital investor in media, entertainment and knowledge, is to raise GBP60m in two funds – one aimed at institutional investors and the other at the private EIS/SEIS sector.
Station 12, which was founded just over three years ago, has already built a successful track record with investments such as Parade, the TV distributor and Nocturne, the live events operator.
Founder and Managing Partner, Patrick Bradley, says: ‘We now have an exciting, well balanced initial portfolio with a strong pipeline of new investment opportunities ranging from early to growth stages.
‘The UK is
MyCheck, a provider of payment solutions for hotels and restaurants, has been acquired by Eyal Ofer’s OG Tech Ventures, the tech investment arm of his international conglomerate, Ofer Global group.
Ofer Global Group’s business interests include real estate and hotels, cruise and maritime shipping, oil and gas, technology and banking.
“This acquisition will support the tremendous contribution MyCheck is making to the global hospitality industry, primarily in mobile payment engagement,” says Eyal Ofer, chairman of Ofer Global. “MyCheck is fast becoming a disruptor in hospitality through its mobile payment technology and the seamless guest experiences that it creates. With
New State Capital Partners has closed its second institutional investment fund, New State Capital Partners Fund II, with USD255 million in committed capital. The Fund exceeded its target and closed at its hard cap and New State now has in excess of USD800 million AUM as a result.
New State focuses on providing flexible capital in buy-and-build situations. With Fund II, New State can invest more than USD50 million in equity per transaction. New State seeks to invest in five to seven platforms with Fund II, and will further build its platforms organically and via add-on acquisitions. The firm targets
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
