Allocations
TV production and distribution company Twofour Group has been acquired by ITV plc for an initial cash consideration of GBP55m.
Livingstone’s Media & Technology team advised the shareholders of Twofour Group, including mid-market private equity investor LDC and the company’s management team, on the transaction.
Twofour Group is a family of award winning companies striving to deliver world class TV production. Working for broadcasters around the world, the Twofour Group spans drama, comedy, factual, childrens’ and entertainment and produced over 1,200 hours of programming in 2014.
The group’s production labels, based in the UK and US, include Twofour, Twofour America,
The performance of French private equity since inception, measured at the end of 2014, totalled an average 10.1 per cent IRR net of charges per year, up from 9.5 per cent at end 2013 on a like-for-like basis.
Over a 10-year horizon the average IRR increases to 11.3 per cent net (compared with 10.9 per cent like-for-like at end 2013).
That’s according to the latest annual report by the French private equity and venture association, AFIC (Association Française des Investisseurs pour la Croissance) and EY.
These figures reflect the robust long-term profitability of this asset class and the stable performance.
Private equity firm Agilitas has acquired Danish environmental services company MH Gruppen. Agilitas is backing the management buy out of the business from Michael Henriksen Holding, supporting CEO Christian Rindbøl.
MH Gruppen is one of the leading waste management businesses in Denmark and is active across the value chain with particular emphasis on soil remediation and the collection, sorting, treatment, and recycling of waste. Through its subsidiary Norrecco, it is one of two large providers of soil recycling and remediation services in Copenhagen, and, through its City Container subsidiaries, provides collection, transportation and disposal services for municipal and commercial and
Fort Dearborn Company has acquired Core Label a label supplier to the beverage market. Moving forward, Core Label will become Core Label, a Fort Dearborn Company.
“The Core Label acquisition continues Fort Dearborn’s strategy to expand its product and service offerings to meet customers’ desires for a complete and innovative set of label options. We are excited to add the talented Core Label associates to the Fort Dearborn team,” says Chris Lane, Managing Director of KRG.
Fort Dearborn supplies a complete range of label solutions including cut & stack, pressure sensitive, roll-fed and full body shrink sleeve labels across multiple
Orangefield Group is to acquire USA2Europe, a corporate service provider providing Global Outsourcing services to North American Technology companies.
With this acquisition Orangefield has increased its global presence, including USA2Europe’s representatives, with 24 additional countries – reaching a total of 45 countries where client support is offered.
USA2Europe was founded in 2004 and currently supports more than 250 legal entities in 40 countries worldwide. The acquisition is to be effective on July 1st 2015.
Andy Hooper – CEO of USA2Europe, says: “My team and I are delighted to become part of Orangefield Group; we feel we are joining a like-minded
The Co-operators is increasing its pledge to the Canadian Co-operative Investment Fund (CCIF) to CAD10 million. The Fund, which will be launched in the coming months, will support the development and expansion of Canadian co-operatives with loans and other funding sourced from the co-op sector.
The Fund, a first of its kind in Canada, was created under the leadership of Co-operatives and Mutuals Canada to address the challenge co-operatives face in accessing capital from conventional sources. It will provide funding with favourable conditions to developing co‑operatives throughout the country. The Fund is to begin its operation once it has reached
A more coherent regulatory environment is needed if investors are to prevent “runaway climate change”, according to Donald MacDonald, who chairs the Institutional Investor Group on Climate Change (IIGCC).
“We have the capital, but the right policies and regulatory frameworks are not in place,” said MacDonald. “In many cases energy regulation, pensions regulation and insurance regulation are simply not integrated. The IIGCC has been engaging with the European Commission about the perverse impact that well-intentioned regulation might have, for example, on issues around energy unbundling and pension and insurance fund solvency.”
MacDonald was addressing the sixth annual Private Equity
The value of investment fund business in Guernsey grew by GBP2.8 billion (1.28 per cent) during the first quarter of this year. It means the net asset value of all funds under management and administration in Guernsey now stands at GBP222.2 billion.
Statistics from the Guernsey Financial Services Commission (GFSC) also show that there were 25 new investment funds approved during the first quarter of 2015.
Dominic Wheatley, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, says: “It is encouraging to see strong growth in the Guernsey funds sector at the start of this
Indix, a provider of analytics and insights for brands, retailers and commerce enablers, has raised USD15 million in new funding from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures.
The funding comes after a record Q1 in 2015, bolstered by more than 250 percent growth in year-over-year revenue and from relationships with major brands and retailers. Indix will use the funding to grow its team of data scientists and engineers as well as expand its sales and marketing efforts.
“Product Intelligence is now an essential service for commerce,” says Sanjay Parthasarathy, founder and CEO of Indix. “Every business –
Rehms, a portfolio company of funds advised by Constellation, has acquired a majority stake in Germany based DL-Technik GmbH.
In a succession situation the two owners decided to divest the majority of their shares to the Rehms Group. The regional leading company headquartered in Essen (North Rhine-Westphalia) has 55 employees and is specialized in the planning, design as well as the execution of projects in the field of heating, ventilation, cooling and sanitation installations.
Through the acquisition of DL-Technik, Rehms Group is able to extend its customer base and strengthens its regional presence. The two founders will remain with the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
