Allocations
Great Lakes Fund Solutions have launched CrowdKey, software-as-a-service (SaaS) that provides online private placement platforms with a white-labeled crowdfunding site and an outsourced back office.
CrowdKey allows platforms to accelerate their time to market, reduce fixed formation costs, perform a variety of vendor management and compliance functions, outsource their call centre and back office, and quickly begin to display deals for investors.
The vendor-hub features of CrowdKey allow online private placement platforms to tap into banking, legal and fund administration resources to keep issuers in compliance and actively structuring deals rather than becoming immersed in clerical work. CrowdKey is
An affiliate of HIG Capita has completed the acquisition of Intelius an online provider of people-related information for consumers.
Intelius is a leading provider of on-demand information about individuals and predictive analytics that can help identify connections to other people, places and things. Headquartered in Bellevue, Washington, the privately-held company has been in business since 2003 and has sold more than 50 million reports.
“We are pleased to support Intelius, a leading provider of online consumer information services,” says Elliot Maluth, a Managing Director of HIG Capital. “We view Intelius as a strong cash flow business with tremendous growth
AMP Capital and 3i Infrastructure plc (3i Infrastructure) have entered into an agreement to jointly acquire 100 per cent of Danish company ESVAGT from Maersk Group.
AMP Capital is investing approximately GBP109 million to acquire a 50 per cent interest in ESVAGT and will have an equal shareholding with 3i Infrastructure.
Headquartered in Esbjerg, Esvagt has been operating since 1981. It is a leading provider of emergency response and rescue services in the offshore oil and gas industry in Denmark and Norway, and has a growing presence in the UK and offshore wind services segments. Esvagt employs more
Actis has sold its majority shareholding investment in Mouka Limited (Mouka), a Nigerian mattress brand, to Abraaj, a private equity investor. Financial details of the transaction have not been disclosed.
Mouka manufactures foam spring mattresses, polyurethane blocks, pillows and furniture for consumers in West Africa. Actis invested in 2007 and since then it has expanded the company and its operations across Nigeria; built best in class manufacturing facilities; expanded production and distribution; brought in a first-rate board and institutionalised the organisation, helping Mouka evolve from a well-respected, family owned business into a sustainable, successful corporation.
John Opubor, Director in
Private equity firm RoundTable Healthcare Partners has completed the acquisition of TIDI Products.
Founded in 1969 in Neenah, WI, TIDI was once primarily a manufacturer of paper-based barrier products. Through a strategically executed acquisition program and internal initiatives, TIDI has expanded its product offering to include a portfolio of differentiated, acute care focused medical products. Today, the Company is a designer, developer and manufacturer of a broad suite of medical devices and supplies for preventing infections and supporting caregivers across acute care, alternate site and dental end-markets. Financial terms of the transaction were not disclosed.
Joe Damico, Founding Partner and
In the first six months of 2015, Israeli high-tech exit activity accelerated, garnering USD5.29 billion in 54 deals – nearly 76 per cent of the total proceeds from exits in all of 2014, with 107 deals totalling USD6.98 billion, and 80 per cent of USD6.62 billion in 91 exits in 2013, both considered part of the few most successful years for Israeli exits.
The figures published are part of the IVC-Meitar Exits Report H1 2015.
The average deal size in H1/2015 was USD98 million, 51 per cent more than the annualised average of USD65 million in 2014 and 34 per
High Road Capital Partners has acquired Toronto-based Ariad Communications, which it will combine with its platform company Bluespire Marketing.
Ariad is a strategic marketing agency specialising in serving Canadian clients with content, digital marketing and consumer activation capabilities.
Bluespire is a leading provider of strategic, multi-channel marketing solutions with emphasis on end-user content and digital marketing for healthcare, financial services and senior living companies. Each business will continue to operate its brands.
Mike Beckerman (pictured), a 20-year marketing veteran and President of Ariad, will serve as CEO of the combined company.
“Ariad and Bluespire are experts in
LSQ Funding Group has received USD40 million of capital from Ares Capital Corporation (NASDAQ: ARCC), the largest business development company in the United States.
This USD40 million financing is in addition to the more than USD100 million investment in April led by Lovell Minnick Partners LLC, a private equity firm that specialises in the global financial services industry.
“I’m thrilled that another high-quality institutional investor is supporting our mission to simplify and streamline access to invoice financing for businesses of all sizes,” says LSQ Funding’s CEO and founder Max Eliscu. “We will use this capital to accelerate our plans, reinventing
Great American Capital Partners has led a USD25 million senior secured first-in last-out (FILO) term loan to General Wireless Operations, Inc., doing business as RadioShack.
The term loan is part of a USD75 million financing package that includes a USD50 million asset-based revolving credit facility led by RBC Capital Markets.
Earlier this year, General Wireless, an affiliate of the New York-based investment firm, Standard General LP, acquired certain assets of RadioShack, including more than 1,700 store leases, the RadioShack trademark and other intellectual property. General Wireless intends to rebuild the RadioShack brand around a core product base to be sold
Hedge funds suffered a blow in June, with the Lyxor Hedge Fund Index down 2 per cent. The industry is nonetheless outperforming traditional asset classes in a context in which the correlation between equities and bonds is positive. In June, the MSCI World was down 2.6 per cent and sovereign benchmarks were down on both sides of the Atlantic (the 10-year Bund price is down 2 per cent; 10-year Treasury price down 1.7 per cent).
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
