Allocations
Online investment service Wealthify has exceeded its target to raise GBP1 million through crowdfunding, with a week to spare in its campaign.
Over 650 people invested in Wealthify through crowdfunding platform Seedrs, and now share 9.3 per cent equity in the business.
Typical investment sums were between GBP14 and GBP10,000, with investors from the UK and across Europe, including Estonia, Greece, Czech Republic and Norway.
Wealthify plans to use the capital raised to support the next stage of its customer acquisition and growth strategy: creating national brand awareness, introducing new sales channels and extending products and services to
Law firm Paul Hastings has represented Dick Clark Productions, a televised live event entertainment programming company, on its sale Dalian Wanda Group for approximately USD1 billion.
The transaction marks Dalian Wanda’s first move into the television business.
Dick Clark Productions was launched in 1957 and produces the Golden Globes, the American Music Awards, the Billboard Music Awards, Dick Clark’s Rockin’ New Year’s Eve as well as other top award shows.
Paul Hastings’ global M&A lawyers regularly advise on complex, cross-border transactions in the technology, media, entertainment and telecoms (TMET) industries.
Recent transactions include representing China Media Capital
JLM Financial Partners and Eagle Merchant Partners have created the largest Planet Fitness franchisee, United PF Partners, with 59 operating clubs in nine states.
The joint-venture partnership is aiming to capitalise on the USD30 billion fitness club industry, in which health club memberships increased from 41.3 million in 2005 to 54.1 million in 2014, or 17 per cent penetration of the US population.
Planet Fitness, home of the Judgement Free Zone, with more than 1,200 clubs and over 8.7 million members, targets the remaining 83 per cent of the population by focusing on customer experience and value.
The equity investments from
IK Investment Partners is to sell Axtone Group, a manufacturer of components for railway industry, to ITT, a US manufacturer of components and technology solutions for the energy, transportation and industrial markets.
Financial terms of the transaction have not been disclosed.
Axtone is a European manufacturer of buffers, draw-gear devices, railway springs as well as other shock absorption and safety components for rail and metro vehicles and rail infrastructure. With over 200 product certificates and customers across the globe, the company’s solutions fulfil the requirements of European, UIC, Russian GOST and Chinese TB/T technical standards.
Axtone is headquartered
IBID Group, an investment firm focused on buying and investing in internet based companies with high growth potential, has acquired Dalberry, an all-in-one technology provider for secure online payments.
Dalberry launched last year with a mission to fix the broken journey for merchants frustrated with existing clumsy and bureaucratic systems.
Dalberry generates real time actionable management data and includes ongoing training and support for merchants.
Its team of specialists come from online merchants and from the global payments industry. Its platform has already won the support of banks and merchants during its soft launch.
IBID will help
Tikehau IM, a European asset manager, has arranged a EUR30 million add-on to the existing senior facilities provided by Goldman Sachs Specialty Lending Group (GSSLG) for Oasis Group.
The add-on will be used by Oasis Group to finance its external growth strategy, mostly focused on Western Europe.
Founded in 1999, Oasis is one of the fastest growing companies in the records and information management (RIM) industry. Based in Dublin, with offices in Belgium, the Netherlands, Republic of Ireland, Northern Ireland and Great Britain, and a team of 300 employees, Oasis offers a complete RIM service platform. Oasis serves 4,700
Equistone Partners Europe and SL Capital Partners have sold their stake in specialist lender Together (formerly Jerrold Holdings) for circa GBP288 million in addition to proceeds received during the life of the investment.
The sale is to the founders of the business, which was established in 1974.
Equistone invested GBP115.2 million from Equistone Partners Europe Fund II for a 30 per cent stake in September 2006 and subsequently syndicated GBP20 million to funds managed by SL Capital Partners. Both organisations have been supportive partners of the company since their initial investments.
The Cheshire-headquartered company, which offers short-term finance,
Funds advised by CVC Capital Partners are to acquire Anchor Glass Container Corporation in partnership with BA Glass, a European manufacturer of glass containers.
Headquartered in Tampa, Florida, Anchor Glass focuses on the growing, premium specialty segment of the glass packaging market. Anchor Glass has long-standing relationships with blue chip companies across the beer, liquor, food, beverage, ready-to-drink and consumer end-markets.
The company operates six manufacturing facilities located in Florida, Georgia, Indiana, Minnesota, New York and Oklahoma, in addition to an engineering and spare parts facility in Illinois and a mould design and manufacturing facility in Ohio. The company’s
Arcis Capital Partners, an investment advisory, investment banking and investment management firm, has acquired Greston Partners, a real estate investment advisory and asset management.
Greston principal Mohaymin ‘Mohi’ Monem will be joining ArcisCap as a partner and head of its real estate and hospitality investments business.
He will be based out of ArcisCap's recently established Atlanta office.
Monem is a real estate and hospitality executive with breadth of experience that spans advising and working for multiple institutional investors as well as real estate operators, developers and advisers.
He previously led the hospitality investment platform at State General
Fund managers have gathered in London to hear from the Cyprus Investment Funds Association (CIFA) about the opportunities in the country as an investment destination.
Held in conjunction with international law firm King & Wood Mallesons (KWM), Alter Domus, a provider of fund and corporate services, and the Bank of Cyprus, the event discussed Cyprus’ position following the UK’s vote to leave the European Union, led by senior panel members from all organisations.
Cyprus is fast becoming a location of choice for many promoters and fund managers, as evidenced by the existing 162 internationally recognised fund serviced providers already
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
