Allocations
JMP Group, an investment banking and alternative asset management firm JMP Group, is partnering with investment bank with Bryan, Garnier & Co on the origination and execution of cross-border mergers and acquisitions, strategic advisory mandates and public and private capital-raising transactions.
The alliance will operate under the common brand of JMP Bryan Garnier.
JMP Securities and Bryan, Garnier & Co will also continue to operate separately, providing services to clients as standalone firms. The alliance will capitalise on a long-term trend toward increased integration of the US and European technology and healthcare markets.
JMP Bryan Garnier is led
Saratoga Partners has acquired the xenon cinema business from Philips Lighting, with debt financing provided by GC Andersen Partners Capital.
The business, to be named Lighting Technologies International (LTI), is a major manufacturer of xenon arc lamps for digital cinema projectors used in the worldwide cinema exhibition industry.
GC Andersen Partners, through its wholly-owned broker-dealer GC Andersen Partners Capital, acted as exclusive financial adviser and placement agent to Saratoga and raised the debt financing to complete the transaction.
Financing was provided by PNC Bank and Graycliff Partners.
LTI, based in Baldwin Park, California was established in 1999
HarbourVest Partners has held the final close of its latest secondaries fund, which was oversubscribed and closed above its USD3.6 billion target at USD4.77 billion.
“Our global secondaries team has decades of experience and deep industry relationships. As the secondaries market continues to evolve, these competitive advantages have helped us to remain well positioned to continue to provide our investors with access to the best opportunities available,” says Brett Gordon, managing director, HarbourVest. “Our experience and expertise to execute on even the most complex transactions is what makes HarbourVest a sought after partner as both LPs and GPs actively seek
Juniper Capital Advisors has held final close of its first institutionally-backed private equity fund, Juniper Capital II, at its hard cap of USD500 million.
The fund targets equity investments of USD25 million to USD75 million in oil and gas companies located primarily in the continental US.
Edward Geiser (pictured), managing partner, says: “Juniper is deeply grateful for the confidence our exceptional group of energy investors has placed in us. We are committed to continuing to identify and prosecute high-quality upstream investment opportunities in the US to further build the relationship between Juniper and its partners.”
Richard Gordon, partner,
Plexus Capital, a provider of capital to small businesses in the US, has closed Plexus Fund IV at its fully subscribed offering of USD400 million.
Consistent with its predecessor funds, Fund IV will focus on the same strategy of investing in profitable businesses with USD10 million to USD100 million in revenue to support growth, recapitalisations and transitions of ownership.
With the closing of Fund IV, Plexus has raised more than USD950 million since inception in 2005, including capital accessed through SBA’s Small Business Investment Company programme. In addition to SBA capital and significant investments from the Plexus team, investors
Smartrac, a portfolio company of private equity firm One Equity Partners (OEP), is to sell its Secure ID & Transactions business to the Linxens Group.
The transaction is subject to regulatory approval and other customary closing conditions.
OEP has helped support Smartrac to grow into the largest global player in its industry. Smartrac produces over 2.2 billion RFID transponders annually and offers one of the most comprehensive technology portfolios with more than 1,000 patents and patent applications. Over the past five years, Smartrac’s revenues have almost doubled.
The sale of the Secure ID & Transaction Business is the
C5 Capital, a technology investment firm focusing on the cyber security, data and cloud computing sectors, has acquired ITC Secure Networking for GBP24 million.
The acquisition marks the fund’s fourth investment following its investments in Metrasens, a UK based sensor company; Omada, a provider of identity and access management technology; and Balabit, a software company focusing on real-time user behaviour analytics for the identification of internal and external attackers.
ITC was established in 1995 by CEO Tom Millar and is headquartered in Docklands London. It provides organisations with assured IT and specialises in providing its NetSure360 managed infrastructure and security
A group led by the AlixPartners’ founder Jay Alix and three global investors has agreed to acquire ownership stakes in the business from CVC Capital Partners.
The transaction values AlixPartners at more than USD2.5 billion.
The new ownership structure will include Caisse de dépôt et placement du Québec (CDPQ), Public Sector Pension Investment Board (PSP Investments) and Investcorp Group, together with founder and current shareholder Alix.
AlixPartners’ managing directors will continue to hold a significant stake in the firm and have access to a new equity system.
Founded in 1981, AlixPartners works with clients to help them
Private equity fund manager YFM Equity Partners has backed the MBO of Ferrabyrne.
YFM managed funds have invested alongside private co-investors to provide a GBP4 million funding package.
YFM's funding includes the second investment from its new YFMEP 2016 Fund, which held a first close in June.
Ferrabyrne designs, develops, manufactures and services systems and components, including rubber and metal for global customers in the rail, commercial vehicle and energy generation industries. Its key products include suspension components for passenger and freight rail vehicles and heavy-duty trucks, as well as components for wind turbines. Ferrabyrne has 73 employees working
SPIE, a European company specialising in electrical and mechanical engineering, HVAC services and energy and communication systems, has acquired Trios Group, a UK-based provider of compliance, facility and property-related services based in Birmingham.
Trios Group will enhance SPIE UK’s technical facility management division.
Trios Group, first established in 1919, has expanded steadily to become a national provider of technical building services, generating revenues of GBP65 million in the year to 31 March 2016.
Operating across the commercial, local government, health, education, distribution, leisure and retail markets, Trios Group self-delivers virtually all of its maintenance and compliance services through three divisions: property maintenance, legal & statutory compliance and access & security.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
