Allocations
Private equity firm Quad-C Management has completed the sale of its portfolio investment Curvature, an IT services company and provider of new and pre-owned network hardware and IT infrastructure services.
Through the deal, Curvature merged with Partners Group portfolio company SMS Systems Maintenance Services to form SMS | Curvature. Terms of the transaction have not been disclosed.
Quad-C invested in Curvature (FKA: Network Hardware Resale) in 2012 in partnership with the company’s management team. Since that time, Curvature has grown significantly by adding new service offerings, expanding geographically and integrating a strategic acquisition.
"Over the course of our
London-based alternatives investment manager Astarte Capital Partners has formed a partnership with BlueLake Associates, a Zug-based investment consultancy and asset allocation specialist.
Through this partnership, Astarte will act as the private equity and real assets adviser to BlueLake, while BlueLake will contribute macroeconomic, asset allocation and risk management advisory services to Astarte.
“We believe that this cross-fertilisation of skill sets will strengthen each company’s respective research infrastructure, resulting in added value for our clients,” says Stavros Siokos, managing partner for Astarte. “The goal is to strengthen our respective offerings and provide innovative financial solutions to our clients.”
Astarte
Henkel has entered into exclusive negotiations with GCP Applied Technologies to acquire its global Darex Packaging Technologies business for USD1.05 million (EUR995 million) on a cash and debt free basis.
Darex is based in Cambridge, Massachusetts and supplies high-performance sealants and coatings for the metal packaging industry around the world. It serves various global customers producing beverage, food or aerosol cans, ensuring with its solutions the highest quality standards for many best-known brands.
In fiscal 2016, Darex Packaging Technologies generated sales of around USD300 million (around EUR285 million). Darex has about 700 employees and 20 sites in 19 countries.
The risks posed to the UK private equity industry by recent political events have been grossly exaggerated, according to Matthew Hudson, chief executive of MJ Hudson, the alternative assets consultancy.
Hudson (pictured) sees the emergence of passive private equity funds and the trillion-user base of large retail platforms, such as Snap and Facebook, as potentially the greatest threat to the traditional private equity fund manager.
Speaking at SuperReturn International in Berlin, the world's largest private equity event, he dismissed concerns around Trump's election and the Brexit vote, arguing that investors should look to both the US and the UK to buy assets.
”The UK
Teton Advisors has acquired certain assets of Keeley Asset Management Corp (KAMCO), a pioneer in small and mid-cap value investing founded by John L Keeley, Jr in 1982.
Serving as the acquisition vehicle is Keeley-Teton Advisors, a newly formed and wholly-owned subsidiary of Teton. At closing, the combined firms have USD3.8 billion assets under management (AUM).
Keeley Teton, headquartered in Chicago, is led by Kevin Keeley, executive chairman, and Robert Kurinsky, president and COO. As a result of the merger, G Distributors, a wholly-owned subsidiary of Gabelli Funds, will distribute the Keeley Funds.
Nicholas Galluccio, chief executive of
Apposite Capital, an independent investment firm focused exclusively on healthcare, has acquired the UK social care division of Mitie Group for a cash consideration of GBP2.
The division consists of the domiciliary care and homecare businesses, Enara Group and Complete Care Holdings.
In addition, Mitie will contribute GBP9.45 million to the funding of trading losses and the cost of the turnaround plan. This will be paid in two tranches with the first (GBP5.4 million) on 1 April 2017 and the second (GBP4.05 million) on 1 July 2017.
Enara, trading as MiHomecare, provides care at home for people who
Hatteras Venture Partners has been selected by the State of North Carolina (NC) as the manager of the Venture Capital Multiplier Fund (VCMF), which has USD60 million in capital.
A portion of the VCMF has been committed to the latest Hatteras venture capital fund, Hatteras Venture Partners V (HVP V).
The remainder and significant majority of VCMF capital is allocated to co-investments in North Carolina Nexus companies.
For the purposes of the VCMF, NC Nexus companies are those that are headquartered in NC; have significant operations in NC; are commercialising intellectual property developed in NC; or as a
Global fiduciary and administration provider Estera has acquired Guernsey-based Morgan Sharpe Administration.
The deal was finalised on 27 February and is subject to regulatory approvals, following which the business will be rebranded under the Estera name.
Farah Ballands, CEO of Estera, says: “This is a great start to the new year following the success of our rebrand in 2016. The team at Morgan Sharpe is a perfect fit with the Estera group – they are committed to the high standards of service that our clients are accustomed to and we are pleased to welcome them. Under our ownership, Morgan
Bosham Capital Advisors (BCA) has completed its first deal on behalf of British Country Inns (BCI), which is selling its portfolio of 16 traditional pubs.
Liberation Group has bought two freehold pubs for an undisclosed sum. Both pubs are located in Somerset: the Lime Kiln Inn, Knole and Beambridge, Sampford Arundel.
The BCI group consists of four companies originally financed via the EIS by Smith & Williamson. Chairman of the companies Martin Sherwood is senior partner of Enterprise Investment Partners (EIP), a specialist small cap corporate finance boutique with particular focus on the tax-efficient market, which provides management and
Catapult has sold portfolio business Silver Lining Solutions, a Midlands-based provider of employee performance optimisation software, to US-based Genesys.
Silver Lining Solutions is a developer of employee optimisation solutions that help improve employee engagement and performance enterprise-wide, enabling organisations to sell more, serve customers better, increase operational effectiveness and reduce costs.
The company has offices in Asia Pacific and the US and employs more than 20 people.
“Silver Lining Solutions has been a valued Genesys OEM partner since 2009, so this acquisition is a logical step toward increasing our commitment to joint customers, while offering additional workforce optimisation
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
