Allocations
Concept Life Sciences, a scientific laboratory and consultancy group has acquired CXR Biosciences as it continues its acquisition spree in the fast-growing CRO market.
This marks its fourth acquisition since the Manchester-headquartered company was formed last year following investment from European private equity firm Equistone Partners Europe. The group acquired Peakdale Molecular, Resource & Environmental Consultants and Scientific Analysis Laboratories in a USD100 million enterprise value deal in July 2014.
Led by Executive Chairman Michael Fort and Chief Executive Officer Alan Morgan, the Concept Life Sciences Group has over 600 staff in 11 locations, with advanced plans for further
Global macro hedge funds appear to be maintaining a contrarian stance versus the market when it comes to positioning on government rates.
In recent weeks, managers have secured gains by taking long positions in the US and Europe thanks to a global decrease in both short- and long-term rates in fixed income markets. In the middle of July, US 10-year Treasuries were yielding 2.45 per cent, since when they have fallen to 2.16 per cent (at the time of writing). Lower yields arise when economies aren’t firing on all cylinders. Whilst the US economy has shown signs of improvement, the
The closing date for MPH Ventures’ acquisition of a 20 per cent interest in Travelucion SL in exchange for common shares of MPH Ventures and USD100,000 in cash with an option to acquire the remaining 80 per cent interest, has been extended to 30 September.
Travelucion is a cash-flow positive online travel media company that specialises in travel marketing, electronic reservation and online booking solutions for international visitors to Cuba. It owns one of the most significant portfolios of Cuba focused web properties and domains that have been promoting Cuba and offering online travel services to the Caribbean nation since
The Lyxor Hedge Fund Index was up +1.3 per cent in July. 8 out of 12 Lyxor Indices ended the month in positive territory, led by the Lyxor CTA Long Term Index (+4.6 per cent), the Lyxor Global Macro Index (+2.6 per cent), and the Lyxor Variable Bias Index (+2.3 per cent).
A macro month with markets left in the passenger seat driven by highly speculative catalysts. They were bound to follow the unpredictable jolts of the intensifying Greek saga ahead of the July 20th repayment deadline. The eleventh hour deal allowed a recovery in risky asset. 3000 km away from
Ellucian, the leading global provider for higher education software and services, today announced that
TPG Capital (TPG) and Leonard Green Partners are to acquire a majority interest in highetr education software and services provider Ellucian from Hellman & Friedman (H&F) and co-investor JMI Equity.
“We are delighted to welcome TPG and Leonard Green to the Ellucian team,” says Jeff Ray, (pictured) chief executive officer of Ellucian, who will continue to lead the organisation. “Their investment validates and enhances our growth strategy and underscores our commitment to our customers and the success of their students. We believe TPG and Leonard
Toronto-based private equity firm Serruya Private Equity has acquired Sani-Service the Canadian subsidiary of Swisher Hygiene Inc.
"We are excited about this opportunity to foster the growth of a great Canadian service company. We see many opportunities to grow both organically and by leveraging Sani-Service as a platform to make additional acquisitions," says Michael Serruya, Managing Director of Serruya Private Equity.
Sani-Service is a commercial hygiene & chemical services provider with regional operations based in Ontario, BC & Alberta. Serruya Private Equity is a Toronto-based firm with a broad range of investment activities and a growing portfolio of brands.
Michelin has acquired the Meyer Lissendorf Group, a car tyre wholesale specialist based in Germany. The acquisition is still subject to clearance by the German and Austrian competition authorities. The parties agreed not to disclose further details.
A team from CMS Germany headed by lead partner Dr Oliver Wolfgramm advised Michelin on all aspects of the transaction. The lawyers involved are members of the CMS M&A Automotive cluster of excellence. The deal is part of Michelin's strategy to strengthen its access to the European market.
Michelin is one of the world’s leading tyre companies. Headquartered in Clermont-Ferrand, France, Michelin
Uncertainty around the UK general election and concerns about potential changes to Capital Gains Tax (CGT) were shrugged off by the mergers and acquisitions market in the first half of 2015, according to the latest PCPI/PEPI analysis from BDO.
The second quarter of 2015 saw a total of 509 deals completed, a slight increase from last quarter’s 499 deals, making the first half of the year the most active since 2012 with a total of 1,008 deals.
M&A dealmakers have shown little concern for the ‘Grexit’ risks and the stronger economy is supporting renewed confidence. Furthermore the continuation of
Victory Park Capital’s (VPC) SBIC Fund has provided a senior credit facility to help finance the acquisition of GLE Precision, a precision manufacturer of tungsten carbide tooling, gauges and product components used in diversified industries, including water jet, computer chip, medical, battery, flow technologies, automotive and others.
VPC’s investment will support the acquisition of GLE and the company’s growth initiatives as it expands into new end markets. In addition to the credit facility, the fund also co-invested in the equity financing.
“GLE’s reputation for technical competency, extreme micro-precision, quality and reliability is impressive, and represents a significant opportunity for VPC
Private equity investor Auda International has acquired general partnership interests and the management of three secondary funds from Thomas Weisel Global Growth Partners LLC, a subsidiary of Stifel Financial Corp.
As part of the transaction, Christian Munafo, who has been involved in managing the Funds since their inception, has joined the Auda team effective immediately. Apart from continuing to manage the Funds, Munafo will be responsible for further developing Auda’s existing secondaries program.
“We are delighted to complement our existing portfolio of managed secondary funds by assuming the management of the Funds from Thomas Weisel Global Growth Partners. Given
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
