Allocations
Capstone has advised Green Dot, a telecommunications provider headquartered in Trinidad and Tobago, on its deal to sell a 51 per cent stake to One Caribbean Media.
The acquisition will allow Green Dot to accelerate subscriber growth and continue expanding into new markets.
Green Dot, headquartered in Port of Spain, Trinidad and Tobago, is a licensed telecommunications operator offering wireless ISP and subscription TV services to residential and business customers in Trinidad and Tobago, Grenada, and Suriname.
OCM is a regional media group quoted on the stock exchanges of Trinidad and Tobago and Barbados under the ticker symbol
Equistone Partners-backed Travel Counsellors, an independent provider of bespoke leisure and corporate travel, has seen a 22 per cent rise in turnover over the last 12 months.
The Manchester-based company, which has been backed by the private equity house since 2014, has reported turnover of GBP166 million for the year ending October 2015 – up from GBP136 million the previous year.
This growth is attributed to the adoption of the latest technology to enhance its services. In particular, the business has seen a 13 per cent increase globally in sales made through its in-house quote and booking technology, which
Earlybird Venture Capital has held the first closing of its Earlybird Health Tech Fund.
Headquartered in North Rhine-Westphalia, the fund will invest primarily in the field of medical technology across Europe and has a target size of EUR100 million to EUR120 million.
The fund’s investors include NRW.BANK, the Generali Insurance Group, the German household and medical products manufacturer Miele, as well as the Federal Ministry for Economic Affairs and Energy with a share of the federally administered special fund of the European Recovery Program, the so-called ERP Fund.
For the first time in Germany, a public health insurer,
Antares Capital is serving as administrative agent and sole lead arranger on a USD72 million senior secured credit facility to support the acquisition of Pathway Partners Vet Holding by investment funds managed by Morgan Stanley Global Private Equity (MSPE).
Founded by Dr Jasen Trautwein in Austin, Texas and led by CEO Shawn McVey, Pathway is a veterinary hospital owner and operator.
Pathway owns over 30 general and specialty veterinary hospitals, providing systems and processes to enhance productivity and improve medical services while maintaining the practice’s local culture and community identity.
“The Antares team has delivered a financing structure
Octopus Investments, a provider of venture capital trusts (VCTs) in the UK, has launched a GBP70 million fundraise for Octopus Titan Venture Capital Trust.
With over GBP309 million in assets under management, Titan VCT is the largest VCT on the market and has a strong track record of delivering returns for investors.
Since it was first launched in 2007 it has focused on investing into early stage companies with the potential for high growth.
Today the VCT offers investors access to a well-established and diverse portfolio of around 50 smaller companies. These range from very young early stage
PNC Bank has closed two credit packages totalling nearly USD79.5 million for Rental Equipment Investment Company (REIC), an equipment rental company based in Florida, and Total Plastics Inc (TPI), a distributor and fabricator of plastic sheet, rod, tube, film and tape, headquartered in Michigan.
Both companies will use the funds, in part, to finance acquisitions.
REIC is a rental equipment company formed from the completion of the following acquisitions: Midway Rental (Kalispell, Montana), Reliable Equipment Rental (Wheatland, Wyoming), Hillside Rental (Greeley, Colorado) and Pro Rentals and Sales, Inc. (Idaho Falls, Idaho).
PNC provided a USD34 million senior secured
Healthcare-focused private equity firm Shore Capital Partners has sold Fast Pace Urgent Care, a provider of urgent care services throughout rural Tennessee and Kentucky, to Revelstoke Capital Partners.
In December 2012, Shore Capital partnered with Fast Pace founders, Stan Bevis and Reams Powers, to help grow their initial seven urgent care locations.
Shore Capital and Fast Pace together executed an accelerated growth plan and expanded the business from seven to 36 clinics in approximately three and a half years.
The growth came primarily through de novo expansion as the company opened 26 new locations and acquired three locations.
The Latin American Private Equity & Venture Capital Association (LAVCA) has launched the LAVCA venture investors content platform, with breaking deals, investor perspectives, research and curated news from the Latin American venture ecosystem.
Venture investors have deployed over USD2.1 billion in Latin America since 2011, increasing deal activity year-on-year, according to LAVCA’s Latin America Venture Capital Five-Year Trends report.
Even in the context of Brazil’s economic downturn, venture capital investors deployed record levels of capital in the country in 2015, with USD594 million invested across 182 deals. Outside of Brazil, Mexico is the second most active VC market in
Eric Sprott has agreed to acquire 30 million common shares of Redstar Gold in part through a private placement of up to 41 million shares at CAD0.10.
Redstar Gold has filed for the financing, which is a non-brokered equity private placement.
The financing will be composed of two tranches. The first tranche of 20.4 million shares at CAD0.10 is expected to close this week. In the second tranche, the company will issue up to 20.6 million shares at CAD0.10, or CAD2.06 million. The full financing is expected to close on, or before, 31 August 2016. Upon final and full closing
Private equity firm Thoma Bravo has completed its acquisition of visual analytics software specialist Qlik.
Under the terms of the merger agreement, Qlik shareholders are entitled to receive USD30.50 in cash for each share of Qlik common stock they hold.
The transaction was announced on 2 June 2016 and received approval from Qlik shareholders on 17 August 2016. As a result of the completion of the acquisition, shares of Qlik common stock were removed from listing on The Nasdaq Stock Market, with trading in Qlik shares suspended prior to the opening of business today.
Morgan Stanley served as
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
