Allocations
Sycamore Partners has acquired NBG Home, a global designer, manufacturer and marketer of affordable home décor products, from Kohlberg & Company.
NBG offers home décor products, including ready-made and custom framing, lighting, accent furniture, wall décor, and soft goods under a portfolio of leading brands.
The company serves a wide variety of retail clients, including mass merchants, specialty stores, discount stores, home centres, warehouse clubs, and internet retailers.
"The NBG management team has built the market leader in affordable home décor through a relentless focus on serving their retail partners and end consumers," says Peter Morrow, managing director
IK Investment Partners’ IK VIII Fund has reached an agreement with Eurazeo PME and the management team to acquire a majority stake in Colisée Group, a specialist in the elderly care segment in France.
The management team as well as the founder will reinvest alongside IK.
Financial terms of the transaction are not disclosed and completion of the transaction is subject to regulatory approvals.
Colisée is a provider of nursing home and homecare services. With more than 90 nursing home facilities and 70 home care services agencies, the group has developed a geographical footprint across France, Italy, Spain,
Global fintech investment got off to a soft start in Q1 2017, with the total invested globally at USD3.2 billion, down from USD4.15 billion in Q4 2016, according to the Q1 2017 edition of The Pulse of Fintech – KPMG International's quarterly report on fintech investment.
Fintech M&A dropped in Q1 17, with USD920 million in deal volume – down from USD1.8 billion in the previous quarter, and less than half of the USD4 billion in funding in Q1 2016.
Venture capital funding to fintechs held relatively steady at USD2.3 billion in Q1 2017 – a solid result although
The Russian Direct Investment Fund (RDIF) and the Japan Bank for International Cooperation (JBIC) have agreed the key terms and conditions for the establishment and operation of Russia-Japan Investment Fund.
Through the fund and joint investment framework, the parties will jointly pursue and implement attractive investment projects as part of trade, economic and investment cooperation between Russia and Japan.
Both parties confirmed those terms and conditions on the sidelines of the meeting between Russian President Vladimir Putin and Prime Minister of Japan Shinzo Abe during the official visit of the Japanese government delegation to Russia.
RDIF and JBIC
eQ Asset Management has established its first private credit fund, raising EUR90 million in a first and final closing on 31 March 2017.
eQ Private Credit Fund has 38 limited partners.
The fund invests in debt capital instruments issued by private equity sponsored European unlisted companies.
A minimum of 75 per cent of investments will consist of senior loans with best priority on collateral alongside bank loans. In addition, a maximum 25 per cent can be invested in junior loans. The portfolio will consist of 25-40 floating rate loans with a net target return of 6-7 per cent
MJ Hudson’s annual Private Equity Fund Terms Research for 2017 finds that there has been improved GP/LP alignment through stronger fund governance in the private equity world.
Noerr has advised listed venture capital company Aurelius Equity Opportunities on the largest exit in the company’s history to date – the sale of The Secop Group, which has production facilities and branches worldwide, to Japanese group Nidec at a valuation of EUR185 million.
At the same time, Aurelius has proposed that the dividends to be announced in the upcoming general meeting be doubled.
Secop is a global supplier of specialised compressors for refrigerators and freezers in the “household” and “light commercial” segments. Secop’s Household division is a leading supplier of compressors for refrigerators and freezers in Europe. Its
NorthEdge Capital has invested in environmental and industrial services specialist Future Industrial Services (FIS), backing the management buy-out from its Irish listed parent company, One51, at an equity value of GBP16 million.
Headquartered in Kirkby, Merseyside, FIS works with clients including government, major utility and multi-national companies to provide a range of cost-effective solutions to waste management and decontamination requirements.
Founded in 1999, the business operates a 75-strong fleet of specialist vehicles and owns a market leading share of articulated vacuum tankers able to carry a wide range of products. Operating from eight sites across the UK, from the
HKE Holdings, an entity owned by investment funds managed by KKR, intends to make a tender offer for the common shares of Hitachi Kokusai Electric.
Hitachi Kokusai operates two business segments: a video and communication solutions business engaged in video security, IoT high-reliability wireless, and railroad solutions; and a thin-film process solutions business focusing on semiconductor manufacturing equipment as well as systems maintenance and sales of parts and used equipment.
In connection with the tender offer, the offeror has entered into an agreement with Hitachi, the lead shareholder in Hitachi Kokusai, and HVJ Holdings, an entity backed by funds
The international finance centre of Guernsey has launched two of its new Private Investment Funds (PIFs), four months after the new structure was developed and released to the global investment community.
GMT Communications Partners, with the assistance of the Guernsey offices of Northern Trust and law firm Carey Olsen, has launched a PIF to take advantage of the structure’s flexibility, simplicity, lower costs and the speed at which it can be brought to market.
Dominic Wheatley, CEO of the island’s promotional agency Guernsey Finance, says that the unveiling of two funds in a fortnight is a very promising start
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
