Allocations
Global Infrastructure Partners (GIP) has agreed to acquire the principal holdings of Competitive Power Ventures (CPV).
The transaction includes equity interests in a portfolio of power generation projects, as well as CPV's development and asset management platforms. CPV's management team will continue to lead the business and develop value-added investment opportunities in the US power sector.
The transaction is expected to close in the second quarter of 2015.
Commenting on the transaction, Adebayo Ogunlesi, Chairman and Managing Partner of GIP, says: "This transaction combines a portfolio of high quality power projects with an experienced management team that has an outstanding
Aberdeen Asset Management is to purchase SVG Capital plc’s stake in their joint venture vehicle, Aberdeen SVG Private Equity Managers Limited (Aberdeen SVG Private Equity) for GBP29 million.
In May 2013, Aberdeen acquired a 50.1% stake in Aberdeen SVG Private Equity from SVG Capital plc with the option of acquiring the remaining 49.9% stake.
The transaction is part of Aberdeen’s strategy to consolidate and strengthen further its alternatives platform which provides multi-manager coverage of hedge funds, property and private equity allocations, infrastructure investments and Pan-Alternative capabilities.
The majority of the Aberdeen SVG Private Equity team will be fully
The Consumer sector team at Livingstone has advised JacTravel, a leading B2B hotel accommodation wholesaler and provider of inbound travel services, on the acquisition of TotalStay Group.
The transaction was supported by Vitruvian Partners, JacTravel’s existing institutional shareholder.
The enlarged group will benefit from greater scale in the accommodation market, achieving an annual combined turnover significantly in excess of £360 million, and direct contractual relationships with over 14,000 independent and chain hotel partners in 800 cities globally. Greater scale is expected to accelerate growth in both companies, which have been growing at around 20% per annum in recent years.
Terry
Accenture Federal Services (AFS) has completed its acquisition of Agilex Technologies, Inc (Agilex), a provider of digital solutions for the US federal government.
The acquisition, first announced on 9 February, 2015, advances AFS’s ability to help clients harness the power of emerging digital technologies and enable rapid, predictable systems deployment for the federal government’s most complex challenges.
“Digital technologies are fundamentally changing the way that government organisations operate and interact with citizens, patients, employees, suppliers, partners and other stakeholders,” says David Moskovitz, Accenture Federal Services chief executive. “Combining the Agilex and AFS digital capabilities and agile methods accelerates our ability
The fortunes of European and US funds of hedge funds have become increasingly polarized over the past year, as the 2015 Preqin Global Hedge Fund Report found. In an extract from March’s edition of Preqin’s Hedge Fund Spotlight, we look at this trend and assess whether it is likely to persist in the longer term.
Funds of hedge funds have had a challenging road to recovery following the fallout of the global financial crisis and the events surrounding the Madoff scandal in 2008. The industry’s assets under management fell from a peak of USD1.2tn in December 2008 to USD948bn by
LFPI Gestion acquired Accolab, a group of eight clinical laboratories located in the area of Bordeaux, Lyon and in Spain.
For this acquisition, LFPI Gestion invests alongside Alain Dalléac, former CEO of Unilabs in France and renowned medical biologist. The new shareholders, with substantial financial resources allocated to this project, intend to pursue a dynamic build-up strategy partnering with additional medical biologists.
Alain Dalléac commented: “This project is a significant opportunity in the medical field with a special focus on patients’ needs and a high level of quality of service. The innovative environment of operational excellence in this level of
HIG European Capital Partners (HIG Europe) has acquired Monal Group through its Spanish-based portfolio company Tres60 Servicios Audiovisuales.
The acquisition, which will result in the creation of an entity generating sales of nearly 100 million euros, was successfully executed by the French and Spanish offices of HIG Europe, supported by Monal Group’s management team and by its founding shareholder, Denis Auboyer.
Tres60, a leader in providing comprehensive technical services and equipment for audio-visual production, post-production and advertising, broadcasting television channels and live events, is a major player in the Spanish market. The Monal Group offers its customers recognised technical expertise
Capitala Group, a leading provider of financial solutions for lower and traditional middle-market companies, is pleased to announce the final closing of its fourth private equity fund, CapitalSouth SBIC Fund IV.
The fund exceeded its initial target thanks to strong support from existing investors and new commitments from other leading institutional investors including public and private pensions, fund of funds and family offices.
“We are excited to announce the final close of the Growth Fund,” says Joe Alala, Chairman and CEO. “We appreciate the interest expressed in the Fund by many long-standing relationships, as well new investors.”
The CapitalSouth Growth
Ashurst has advised Recover Nordic, a portfolio company of the pan-European mid-market private equity firm Agilitas, on the acquisition of Relita Industri och Skadeservice (Relita), a provider of damage control services in Sweden.
Recover Nordic, which was acquired by Agilitas in 2013, is the largest emergency response and damage control business in the Nordic region that mainly provides water and fire damage recovery services.
Prior to this transaction the business had operations in Denmark, Norway and Finland, and Relita will now give the group coverage in Sweden.
The Ashurst team was led by corporate partner David Carter, with counsel Fredrik
Amplience has closed of a USD10.5 million Series B funding round led by Octopus Investments, with participation from existing stakeholders and investors including Northstar Ventures and Silicon Valley Bank.
Applience will use the funds to support its continued growth in the North American and Northern European regions.
Since opening its first US office in 2013, Amplience has enjoyed significant expansion across the region, a complement to the company’s growth in Northern European markets. This development is supported largely by a stream of strong customer wins, expansion of existing accounts, and the development of its AmplienceOne Big Content Platform. The
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
