Allocations
CVC Capital Partners (CVC) has agreed to sell Leslie’s Holdings, an omni-channel pool supplies retailer in the US, to L Catterton and an affiliate of GIC.
The transaction is subject to standard regulatory approvals, and financial details of the transaction have not been disclosed.
Founded in 1963, Leslie’s is the world’s largest retailer of swimming pool supplies and related products.
Funds advised by CVC made an investment in Leslie’s in September 2010. During CVC’s ownership period, Leslie’s has grown its store base from 645 to nearly 900 locations and completed six acquisitions that have expanded the company’s geographic
Independent Growth Finance (IGF), a commercial finance provider for SMEs, has provided a GBP3 million confidential invoice discounting facility to oil and gas exploration consultancy firm, EPI Group.
This facility enables EPI to implement its diversification strategy into new services alongside its continuing geographical expansion.
EPI has 30 years’ experience in delivering exploration and production consultancy services to the oil and gas industry, supporting clients with their seismic surveys, environmental projects and wellsite operations. Headquartered in the UK, it has offices in the US, Australia, Russia, France, Ghana and South America.
Through the recent acquisition of geoscience consultancy,
The team behind alternative investments platform CoInvestor have launched an online service, EISWallet.com, allowing investors and their financial advisers to record and manage all of their Enterprise Investment Scheme (EIS) and unlisted investments digitally.
The service, which is free to use and currently in beta phase, aims to take the hassle out of managing income tax relief as well as any capital gains implications from investing in EIS and other unlisted investments.
Instead of trawling through paperwork as the self-assessment tax return looms, investors can store details of their investments and upload share and EIS certificates to their EIS
Law firm Howard Kennedy has reaffirmed its market leading position in the UK venture capital trust (VCT) market, acting for 14 of the 18 VCTs coming to market in the 2016/17 financial year.
The 14 funds advised by the firm are collectively seeking to raise GBP309 million, with all 18 funds seeking to raise GBP398 million.
Howard Kennedy remains the only English law firm to be able to act as both sponsor and legal adviser to VCTs through its wholly owned FCA authorised subsidiary, Howard Kennedy Corporate Services. The firm has over the past five years acted for 80 per
Quercus Assets Selection’s Quercus Renewable Energy Fund has completed the sale of its stake in ForVEI, a joint venture comprising Quercus Renewable Energy, VEI Capital, Foresight Solar VCT and Adenium Solar Energy.
ForVEI operates in the private equity, infrastructure and energy sectors in Italy.
Quercus initially invested EUR8 million in ForVEI in 2011, and at the time of its disposal late in December 2016, owned a stake close to 10 per cent in the joint venture. The sale generated an IRR of higher than 9 per cent for Quercus and it represents the first disposal by the Quercus Renewable
Law firm CMS has expanded its presence in Latin America with Carey & Allende (Chile), GRAU Abogados (Peru) and Rodríguez Azuero Contexto Legal Abogados (Colombia) all now part of the company.
The firm has been active in the region for a number of years, with well-established offices in Brazil and Mexico.
CMS now has 65 offices in 38 countries and more than 880 partners and 6,000 total staff. The new firms will trade as CMS under the names CMS Carey & Allende, CMS Grau and CMS Rodríguez Azuero Contexto Legal Abogados.
As a result of this expansion, CMS
Palamon Capital Partners has acquired a majority stake in Happy Socks, an international brand of design socks.
The transaction values Happy Socks at SEK725 million, with SEK40 million of growth capital being injected to support the continued expansion of the business, leading to a SEK 765 million post-money enterprise value.
Founded in 2008 in Sweden by Mikael Söderlindh and Victor Tell, the dompany’s mission is to spread happiness by turning an everyday essential into a colourful design piece with a high standard of quality, craftsmanship and creativity. Happy Socks is a globally recognised brand sold in more than 90 countries
Greenstone Finance and Aurium Capital Markets have acquired the business and assets of the Green Deal Finance Company (GDFC), as well as its existing loan book, for a total consideration of GBP40 million.
The acquisition is being supported by Honeycomb Investment Trust (HIT) which is managed by Pollen Street Capital.
Greenstone Finance, which invests in organisations focused on financing in renewable energy and energy efficiency, and Aurium, a structured finance boutique with a focus on renewable energy, have acquired GDFC Services and its subsidiaries with immediate effect; the new ownership will continue to service the existing Green Deal loans
Clearwater International has advised LDC-backed UK holiday park operator Away Resorts, raising a significant debt facility to support its acquisition of Sandy Balls Holiday Village in the New Forest, forming a group with six sites valued in excess of GBP100 million.
Sandy Balls is a five-star holiday village in the New Forest National Park and offers accommodation including luxury woodland lodges, static holiday homes, camping pods and safari tents, as well as fully serviced touring pitches.
The purchase of Sandy Balls is the second acquisition Away Resorts has made since mid-market private equity firm LDC backed the secondary buyout
An affiliate of New Water Capital Partners, a Boca Raton-based private equity investment firm focused on lower-middle market companies, has recapitalised KL Outdoor, a US-based manufacturer, designer, and marketer of branded outdoor lifestyle/recreational and outdoor events products.
The company’s product lines include kayaks, stand-up paddle boards, canoes, paddle boats, hunting blinds, sleds and portable restrooms as well as related accessories.
KL Outdoor goes to market under several brands including Sun Dolphin, Evoke, Extent and Third Coast (all related to the company’s watersports segment), Terrain (outdoor hunting products) and Five Peaks (portable restroom products).
Headquartered in Muskegon, Michigan, KL
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
