Allocations
HIG Bayside Capital (Bayside), the distressed debt and special situation affiliate of private equity firm HIG Capital, is to sell the Beauty Bell Chain (Bodybell) following a restructuring of the company’s operations, to Douglas, a European retailer in the selective beauty market.
Bodybell, founded in the 1970s, is a distributor of perfumery and household products in Spain. The company’s product range comprises selective and mass-market beauty as well as personal and home care products.
Bayside acquired control of Bodybell through a complex financial restructuring that resulted in a debt-for-equity swap in 2015. Bayside also underwrote a new money facility
TTV Capital has held the final close of TTV Fund IV at USD93 million, well over two times the size of Fund III.
TTV added several new limited partners, including a sovereign wealth fund, endowments, foundations, family offices, Invest Georgia, and strategic investors.
“The TTV team is thrilled to have Fund IV fund raising wrapped up so we can focus all of our attention on building out the rest of the portfolio and helping all of our companies achieve notable revenue growth and scale,” says Gardiner Garrard, co-founder and a managing partner of TTV.
To date the fund
Pivotal bioVenture Partners has held the closing of Pivotal bioVenture Partners Fund I, raising over USD300 million to invest in early stage biotechnology companies.
Pivotal bioVenture Partners, funded by the Nan Fung Group, is led by Dr Tracy Saxton and Vincent Cheung.
Pivotal’s investment strategy is centred on identifying companies developing groundbreaking, differentiated science from discovery to early clinical development with the potential to deliver transformative therapies.
“This is an amazing period of innovation in medicine as our knowledge of life sciences is constantly evolving,” says Saxton. “Pivotal will invest in biotechnology companies with strong teams and differentiated
Onlineprinters, one of Europe's largest B2B online printing companies, is to acquire Solopress.
Solopress was founded in 2004 and has grown significantly in recent years reaching 225 employees in 2016.
Solopress’ founders Aron Priest and Andy Smith will continue to lead Solopress as managing directors and become shareholders of Onlineprinters Group.
Last year Bregal Unternehmerkapital became the new majority shareholder of Onlineprinters partnering with Project A and founder Walter Meyer to lead the company to its next phase of growth.
The parties involved in the acquisition have agreed not to disclose details of the transaction.
In
Pan-African law firm Bowmans has advised Helios Credit Partners on one of the first significant financings by a private credit fund in sub-Saharan Africa.
The transaction was one of the largest debt financings secured by a Namibian company in the private sector.
The loan, of up to USD40 million, was made available to Trustco Group through funds advanced by Helios Investment Partners through its direct lending platform, Helios Credit Partners.
Trustco is a Namibian-based conglomerate with operations in the real estate, insurance, microfinance, retail, banking and education sectors. The loan will be used to capitalise the growth of
Blockchain Capital, a venture capital firm investing in blockchain technology companies, is to raise its third fund via a combination of a traditional limited partnership called Blockchain Capital III and an additional fund offered via a digital token called the BCAP.
In line with its strategy to drive innovation based on blockchain technology, the partners decided to pursue a parallel offering of Ethereum-based tokens, issued by a Singapore entity, which would represent an evergreen fractional ownership in a new fund called Blockchain Capital III Digital Liquid Venture Fund.
"Blockchain Capital is the first venture fund to offer its own
CreditEase Fintech Investment Fund (CEFIF), a venture fund investing in growth-stage fintech companies in China and globally, has made investments in three new fintech companies.
The three investment transactions include a Series C financing round in Trumid, an electronic trading platform for the bond market; a Series B financing round in WeConvene, an online corporate access management ERP provider for capital markets; and a seed round financing round in WorldCover, a peer-to-peer insurance network.
Ning Tang, founder and CEO of CreditEase, says: "We are excited to take the global stage and showcase the stars of our CreditEase eco-system. CreditEase is
BaltCap has increased its ownership in TREV-2, the Estonian infrastructure construction company, by acquiring an additional 38 per cent stake from East Capital Explorer for EUR5.7 million.
BaltCap’s total ownership after the acquisition is 75 per cent.
TREV-2 has been in BaltCap’s portfolio since December 2010.
Kristjan Kalda, partner of BaltCap, says: “Infrastructure construction market in Estonia has been challenging in recent years. At the same time, TREV-2 has a young and ambitious team that BaltCap wants to continue supporting.”
TREV-2 generated revenues of EUR51 million in 2015 and EUR54 million in 2016, with EBITDA margins of
Investec Growth & Acquisition Finance has supported the acquisition of SafeChem Europe by CBPE Capital, a London-based mid-market private equity investor.
Investec provided EUR20 million of senior secured debt as well as a EUR2 million revolving credit facility to support the management team and the company’s growth.
Founded in 1992, SafeChem Europe is a pan-European provider of services and products related to the safe and sustainable use of solvents for surface and dry cleaning. Formerly a subsidiary of The Dow Chemical Company, the German-based company’s applications are primarily used the automotive, aerospace and measuring instrument sectors, as well as in the
OST Energy, an independent engineering consultancy, has worked with international solar energy provider Wirsol Energy Limited and German bank BayernLB to provide technical due diligence and independent engineering support for two UK solar PV portfolios with a combined capacity of 107MW.
OST has been engaged by Wirsol since August 2016 to deliver a full suite of pre-construction technical due diligence services, subsequent construction monitoring and take-over phase support for a portfolio of 10 ground mount PV assets totalling 61MW.
In addition, during the refinancing of this portfolio, which closed in January this year, OST acted on behalf of lender
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
