Allocations
NTR has closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totalling a Euro equivalent of EUR66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already in operation.
The new debt facilities are for Castlecraig, a 25MW wind farm located in County Tyrone, Northern Ireland using Nordex turbines and financed by First Trust Bank (AIB Group) (GBP33.6 million), and the Rathnacally wind farm located in County Cork using Senvion turbines and financed by Nord/LB (EUR9.6 million).
Duco, a data engineering technology company, has closed a USD28m investment round led by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde.
Duco provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate and reconcile any type of data in Duco’s cloud, providing firms with on-demand data integrity and insight. The company has seen rapid and global growth as the industry re-platforms, adopting advances in leading technology to eliminate operational risk and cost and making actionable data more immediately available
COPE Private Equity (COPE) has fully exited Serba Dinamik Holdings Berhad (Serba), capping a successful four-year investment in the integrated and specialised engineering services company.
COPE invested in a subsidiary of Serba for MYR35 mil (USD9 mil) in June 2013 via two of its private equity funds – COPE-KPF Opportunities 1 and COPE Opportunities 2.
Over the period of COPE’s investment, Serba grew its revenue 4.9-fold and net profits 5.3-fold. For the nine months ending 30 September 2017, Serba’s revenue and PAT was MYR1.9 billion (USD490 million) and MYR227 million (USD59 million) respectively.
The foundation of Serba’s growth
Calculus Capital, an Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist, has reported a record year with GBP30 million invested and over 500 companies reviewed over the 12 months to 31 October 2017.
Calculus believes this is evidence of the strong appetite for EIS and VCT investments and the robust health of the UK’s SME sector, which provided the team with a diverse range of attractive opportunities across a broad spread of business areas.
John Glencross, Chief Executive of Calculus Capital, says: “We’ve been investing in SMEs for almost 20 years and have a highly experienced team,
Specialist engineering business, Northern Escalator Installations, has secured a GBP6.4 million investment from BGF to support its expansion in the UK and Europe.
Founded by MD Kevin Johnson in 1999, the Halifax-headquartered company installs, refurbishes and repairs escalators.
Employing a team of 85 precision engineers and technical staff, recent works include escalator installation at Anfield Football Stadium in Liverpool and Paddington Station, as part of the London Crossrail Underground. The group generated revenues in excess of GBP12 million in 2017.
Northern Escalators has been winning a growing number of contracts in mainland Europe, and established a second base
Payvision, a global merchant acquirer and omnichannel payment provider, has sold 75 per cent of its business, announced today, in a strategic partnership with ING.
Payvision says the deal will help it accelerate its ambitious growth plans, extend its global network and broaden its payment product portfolio. Payvision is valued at EUR360 million.
Founded in 2002, in Amsterdam, Payvision is at the forefront of the payments industry and it has been growing at a very fast pace, registering a robust 66 per cent volume growth in 2017. With the launch of Acapture, a new, scalable, data-driven payment service provider, in 2015, Payvision aims
The corporate finance team at accountancy and business advisory firm BDO UK has had a record year of deals, completing 300 transactions in 2017, with a combined value of more than GBP18.5 billion.
Deal volumes for BDO have grown 23 per cent from 243 in 2016 to 300 in 2017, while deal value increased to GBP18.5 billion in 2017 – a 50 per cent increase on the GBP12 billion total last year and a 12-year high for the firm.
Transactions involving private equity also increased by more than 50 per cent from 79 deals (2016) to 120 (2017), with
Cevian Capital has today completed the sale of its entire shareholding in AB Volvo to Nomura International (Nomura) and Barclays Capital Securities Limited (Barclays).
The sales comprises 88.47 million A-shares and 78.77 million B-shares, corresponding to 8.2 per cent of the company’s share capital and 15.6 per cent of the votes.
Nomura and Barclays have committed to sell the AB Volvo shares to Geely Holding, and Geely Holding has committed to acquire the shares following the receipt of necessary regulatory approvals.
Gide has advised ENGIE on the acquisition of Afric Power and Tieri, two companies specialising in energy services in West Africa.
Based in Côte d’Ivoire, Burkina Faso, Mali and Niger, Afric Power and Tieri employ over 140 people who specialise in the design, installation and maintenance of electrical systems and automated control mechanisms in West Africa. In acquiring Afric Power and Tieri, ENGIE gains a strong local foothold to boost its development in energy services in Central and West Africa.
Through this acquisition, ENGIE will implement a regional platform to offer energy services (installation and maintenance) to secondary and
Shearman & Sterling has advised private equity firm Marlin Equity Partners on debt financing in relation to Marlin’s acquisition of a majority stake in social media analytics company TalkWalker. The financing consisted of a New York law governed term loan and revolving credit facilities.
Marlin Equity Partners is a global investment firm focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
