Allocations
idverde, a French provider of landscape construction and grounds maintenance services, has acquired The Landscape Group (TLG), a leading ‘green service’ provider in the UK.
idverde was advised on the transaction by Livingstone’s Business Services sector team.
idverde was created in February 2014 following the buy-out of the French landscape construction and grounds maintenance activities of international service group ISS, backed by Paris-based investor Chequers Capital. Chequers has supported idverde’s acquisition of TLG from London-based mid-market investor Elysian Capital, consolidating the group’s position as the first green services specialist operating in several European countries.
idverde is the largest landscape construction
GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners, is to acquire an 80.1% interest in Philips' combined LED components and Automotive lighting business, Limiteds.
Philips will retaining the remaining 19.9% interest. The transaction values the business at an enterprise value of approximately USD3.3 billion. The transaction is expected to be completed in the third quarter of 2015, subject to closing conditions, including customary regulatory approvals.
Following the transaction, the new company will continue under the name Lumileds, led by CEO Pierre-Yves Lesaicherre. Philips will remain an important customer of Lumileds and will continue the
Affiliates of Vector Capital have successfully completed the acquisition of Saba, a specialist in cloud-based intelligent talent management solutions.
Under the terms of the merger agreement adopted by Saba stockholders on 26 March, 2015, Saba stockholders will receive USD9.00 per share in cash, which equates to an enterprise value of approximately USD400 million.
“We are very pleased to announce the completion of the acquisition of Saba,” says David Fishman, Managing Director and Head of the Private Equity Team at Vector Capital. “We are excited to deliver value to Saba’s impressive customer base and further invest in the leading cloud talent
Private equity firm Permira has selected iLEVEL to manage its portfolio data.
Established in 1985, the Permira funds have made over 200 private equity investments internationally, with total committed capital of approx. EUR25 billion. The Permira funds invest primarily in consumer, financial services, healthcare, industrials, and technology sectors.
“Given the complex nature of our funds’ investments, we needed a system that was both flexible and easy to manage,” says Jörg Rockenhäuser, Partner at Permira. “iLEVEL will enable us to centralize data across a diverse portfolio and maintain high levels of confidence in the numbers we use internally to drive decision making
Macquarie Mexican Infrastructure Trust has agreed to make a follow-on investment in Mexico Tower Partners (MTP) to fund the acquisition of a significant portfolio of wireless and broadcast telecommunication sites in Mexico.
Scotiabank is the agent and bookrunner for the debt financing of the acquisition. Scotiabank Inverlat, SA Institucion be Banca Multiple, Grupo Financiero Scotiabank is the agent and bookrunner for the debt financing of the acquisition.
“We continue to believe the wireless tower industry in Mexico presents attractive opportunities for independent operators such as MTP and are pleased to announce this additional investment,” says Jonathan Davis Arzac, Chairman, MMIF.
GlassesUSA, the online retailer specialising in prescription eyewear, announced the closing of USD12.5 million in new financing led by Viola Private Equity, a member of the Viola Group.
The funding will further GlassesUSA's aggressive business growth and accelerate their expansion as a leading player in the growing global market of online eyewear, both B2C and B2B.
GlassesUSA was founded in 2009 by CEO Daniel Rothman, COO Eldad Rothman, and CTO Roy Yamner. Leveraging their vast experience in online branding, marketing and operations and backed by a team of 70 employees, GlassesUSA has built a global leading e-commerce company ranked for
Intesa Sanpaolo and GSO Capital Partners, the credit investment arm of Blackstone, are partnering to provide an alternative source of funding to Italian middle market businesses.
The partnership will significantly expand the availability of private debt capital in Italy, enabled by favourable recent changes in the Italian legal and regulatory framework.
The collaboration will have a focus on both existing corporate clients of Intesa Sanpaolo as well as the broader Italian middle market corporate universe. The private debt capital will be provided to sub-investment grade companies for a variety of purposes ranging from growth capital, acquisition financing, to opportunistic refinancings.
Novan Therapeutics has secured USD50 million in an oversubscribed private financing led by new investor Malin Corporation with strong participation from Novan’s existing private investors throughout the Research Triangle area of North Carolina.
The round closed 27 March, 2015 at USD50 million, including an August 2014 initial filing of USD10.3 million.
Neal Hunter, Novan’s Founding Investor and Chairman, says: “We believe the promise of Novan’s pipeline and our advancement toward commercialisation enabled us to attract strong participation in this round, leading us to close at twice the original target of USD25 million. The funds secured will support Novan’s efforts to
Claranet, the European managed services provider, has signed a refinancing agreement, securing a long-term facility for the company.
Goldman Sachs’ Private Capital Team has joined Claranet’s existing and well-established finance providers RBS, ABRY Partners and Ares Management’s European Direct Lending Team for the first time in a move that reflects the strengthening performance of the privately owned company in the B2B technology space.
Commenting on the new agreement, Charles Nasser, Claranet Group founder and CEO, says: “Our new arrangements reflect the strength of Claranet and the confidence of our funders as we continue to expand both organically and through acquisition
Node4, a regional data centre, managed IT and communications specialist, has completed the acquisition of Reconnix, a leading open source technology services company, for an undisclosed sum.
The deal, which was transacted with support from leading private equity provider LDC, represents the second acquisition to be completed by Node4 since LDC backed the business in May 2013.
The transaction forms part of Node4’s ongoing acquisitive growth strategy, targeting complementary businesses operating within the data centre and cloud services markets.
Node 4 provides a wide range of data centre and managed IT services, including colocation, connectivity, managed hosting, communications and hosted
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
