Allocations
A group of investors led by Trilantic Europe, a private equity firm focused on mid-market transactions in Europe, has signed an agreement with the Urgell family to acquire a stake in the Pachá Group, a Spanish leisure, hospitality and entertainment operator.
Trilantic Europe, together with a group of co-investors that includes investors in its funds as well as MCH Private Equity and GPF Capital, will acquire a stake from the members of the Urgell family and provide additional resources to finance the company's expansion plan.
As part of the transaction, Ricardo Urgell, the founder of Pachá, will remain as
New Silkroutes Group (NSG) is to acquire an 80 per cent stake in New York-based CG Capital Markets Holdings (CGCMH) and all its subsidiaries, including FINRA-registered broker-dealer CG Capital Markets (CGCM), for USD14.4 million, in a major push to expand its own investment business and diversify its business lines.
Founded in 2015, CGCM specialises in fixed-income market making and provides capital raising and advisory services to companies and projects in sectors including technology, life sciences, natural resources, real estate and energy.
In addition to New York, CGCM maintains trading operations in New Jersey and Florida. It also has representative
Scania is targeting investment in high-growth companies connected to the transport and automotive industries with its new venture capital fund, Scania Growth Capital.
Henrik Henriksson, Scania's president and CEO, says: "Through Scania Growth Capital, Scania is looking to invest in promising, innovative and entrepreneurial companies. Gaining insight and early access to business models, technology and ideas that can change the environment in which we are active will further strengthen us in the future."
Scania Growth Capital will be exclusively operated and advised by an external investment team with extensive experience from venture and growth capital business as well as
The South African M&A market will grow by 66 per cent in the next two years, according to the Global Transactions Forecast issued by global law firm Baker McKenzie in association with Oxford Economics.
The report shows that South African M&A slowed in 2016 amid economic and political uncertainty. While 211 M&A deals were finalised in South Africa in 2015, this dropped to 115 deals in 2016.
The report predicts that around 190 M&A deals will be concluded in 2017, rising to 274 in 2018; and growing to 295 finalised deals by 2019.
South Africa is also included
SK Capital Partners, a private investment firm with a focus on the specialty materials, chemicals, and pharmaceutical sectors, has acquired Niacet Corporation, a producer of specialty ingredients for food, feed and pharmaceutical applications and a global leader in propionates and acetates.
Headquartered in Niagara Falls, New York, Niacet currently serves more than 300 customers in 57 countries and employs approximately 190 people across its headquarters and two production facilities.
SK Capital is recapitalising Niacet in partnership with Kelly Brannen, who will continue to serve as CEO and retain a significant stake in the company. The Brannen family purchased Niacet
Private equity firm HIG Capital has sold Fibercore to Humanetics Innovative Solutions, a portfolio company of Golden Gate Capital.
Terms of the transaction have not been disclosed.
Fibercore, based in the UK, is a world leader in the design and manufacture of specialty optical fibre and offers the industry’s most comprehensive suite of specialty fibre products serving multiple high-growth end-markets, including use in aerospace & defence, oil & gas, and biomedical applications.
Founded over 30 years ago, Fibercore works with some of the world's largest companies assisting in the development of new optical fibre technologies.
Carl Harring,
Specialist direct lender Beechbrook Capital has held a final close of its inaugural UK SME credit fund with commitments in excess of GBP150 million.
The fund has completed two new investments.
Beechbrook Capital UK SME Credit I, which backs small and medium-sized businesses in the UK with a turnover of between GBP10 million and GBP100 million and EBITDA of more than GBP1 million, has attracted investors from across the UK, Continental Europe and North America.
Nick Fenn, Beechbrook managing partner, says: “We are delighted that investors continue to see the attractiveness of high-quality investment opportunities among UK SMEs,
The fourth Albion Growth Report, based on interviews with 1,000 SMEs, finds that less than half (45 per cent) of microbusiness owners with fewer than five employees expect their company to grow over the next two years compared to almost three-quarters (73 per cent) of larger scale SMEs.
The report sheds light on the factors that create and impede growth and reveals a significant divide in confidence between small and larger scale SMEs across a range of key indicators.
The majority (57 per cent) of SMEs expect to register an increase in productivity in the next 24 months compared to
Ramsdens Holdings, a diversified financial services provider and retailer backed by NorthEdge Capital, is to seek admission of its shares to trading on the AIM Market of the London Stock Exchange following a successful institutional placing.
Admission is expected to occur on 15 February 2017.
Ramsdens operates in the four core business segments of foreign currency exchange, pawnbroking loans, the buying and selling of precious metals and the retailing of second hand and new jewellery.
Headquartered in Middlesbrough, the company operates from 127 stores within the UK and has a growing online presence, serving over 700,000 customers across
TPG Capital, the global private equity platform of alternative asset firm TPG, has closed its acquisitions of RCN Telecom Services and Grande Communications Networks, two US regional broadband service providers.
The transaction combines the two companies into the seventh largest US cable company and a market-leading provider of next-generation, high-speed data services for residential and business customers in six states.
Jim Holanda and Steve Simmons of Patriot Media, who have run RCN since 2010 and Grande since 2013, will continue to lead the combined company.
On 15 August, 2016, TPG Capital announced that it had entered into two
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
