Allocations
Swiss private equity investor HBM Partners (HBM) has acquired a minority stake in the Swiss company APR Applied Pharma Research SA (APR) for an undisclosed amount.
The fund’s advisor, Alexander Asam, will become a member of the Board of Directors of APR.
“We have followed the progress of APR for quite some time and are pleased to invest in APR. This investment underlines our strategy to invest in attractive, growing and internationally oriented firms. APR with its proven track record in formulation and development provides growth opportunities in various segments of the Healthcare industry,” says Dr Alexander Asam of HBM.
Gentoo Fund Services has expanded into Europe with the acquisition of SHRM Financial Services (Luxembourg), a Luxembourg-based provider of fund administration and domiciliation services.
Having gained regulatory approval, the 13 strong Luxembourg team will continue to serve existing clients, supported by Gentoo’s 29 employees based in Guernsey. The company will be renamed Gentoo Financial Services (Luxembourg).
The acquisition increases the group’s assets under administration to USD15bn. In addition to offering specialist administration services for private equity and family office structures, the Gentoo group also includes Gentoo Depositary Services Limited – the first non-financial asset depositary established in Guernsey under the
Private equity firm Genstar Capital is partner with management to acquire a majority interest in Mercer Advisors from Lovell Minnick Partners
Mercer is a leading registered investment advisor with a full suite of wealth management services and over 30 years of experience. The Company services primarily the mass-affluent and high-net-worth clients and today has a strong base of individual clients with assets of nearly USD6 billion. Mercer Advisors offers comprehensive wealth management solutions, including: financial planning, investment management, tax management, retirement income and benefits planning, and estate planning.
Genstar's operational expertise and industry experience will be valuable in assisting the
Mooreland Partners has acted as the exclusive financial advisor to SugarSync, on its sale to j2 Global.
The acquisition of SugarSync's core operating business, which offers cloud file sharing, file sync and online backup services, further solidifies Mooreland's position among the most active advisors to the enterprise software sector.
"This transaction serves as a critical milestone for SugarSync, which helped to pioneer the online sync and storage industry. We are pleased to have played a role in orchestrating such an important and strategic combination, which joins SugarSync's highly-regarded technology and track record of innovation with an industry leader in j2,"
Private equity firm Levine Leichtman Capital Partners (LLCP) has partnered with management to complete the acquisition of CJ Fallon Limited.
Based in Dublin, Ireland, CJ Fallon represents LLCP's first investment from Levine Leichtman Capital Partners Europe, a EUR100 million private equity fund dedicated to investing in Europe.
CJ Fallon is a provider of educational content in both print and digital formats to primary and secondary schools throughout Ireland. Founded in 1927, the Company has a strong reputation for high quality content with over 900 titles across 20 different subject areas, as well as proprietary Maths and English benchmarking assessments. CJ
Deal Capital, a middle market merger and acquisition advisory firm, has expanded its buy-side advisory practice for private equity and family office firms across the United States and Canada.
The move is due to recent partnerships inked with strategic private equity groups looking to quickly expand their footprint in sourcing good deals for acquisition.
Traditionally, the company has maintained a very targeted focus on sell-side M&A deals, working with middle-market business owners and operators in the strategic sale, restructure or recapitalisation of their long-held businesses. New changes and connections with strategic partners has helped to expand the practice of M&A
Jersey has an opportunity to diversify its alternative funds capabilities and a growing role to play as a European domicile supporting US fund managers, according to panellists at this year’s Jersey Finance Annual London Fund Conference.
Discussing global opportunities for Jersey, the panel at this year’s conference, which took place on 19 March at 8 Northumberland Avenue and was entitled 'Winning Moves', highlighted that there was real potential for Jersey to build on its strong track record in the real estate and private equity fund asset classes, galvanise its hedge fund offering and diversify further within the alternative asset classes.
Alternative asset manager The Carlyle Group is to acquire a majority stake in assets services firm Conifer Financial Services. Senior management of Conifer will continue to lead the business and own a significant minority interest in the company.
The transaction, terms of which have not been disclosed, is expected to close in the second quarter of 2015 subject to customary closing requirements and regulatory approvals.
Conifer has broad experience in offering front-to-back capabilities across all asset classes for hedge funds, pensions, endowments, foundations, funds of funds and family offices, as well as private equity and venture capital. With more than
Wheelhouse has expanded into private equity investing through the newly formed Wheelhouse Capital Partners, which is backed by Global Endowment Management (GEM).
Wheelhouse Capital Partners is looking to acquire lower middle market businesses in the USD10 million to USD30 million range in its two core sectors: healthcare and industrial services.
“After a great deal of preparation, we are proud to incorporate private equity investing into our already unique business model,” says Steve Simpson, Wheelhouse co-founder and managing partner. “This expansion is a natural evolution for our firm and we are pleased to add GEM as a partner.”
After working closely
Social media management platform Falcon Social has closed a fund raising round of USD16 million.
The Series B financing round was led by Prime Ventures and joined by existing Falcon Social investors Northcap and Target Partners, bringing the company’s total financing to date to USD25.33 million. The new financing will help support the company’s product development, innovation and continued global expansion.
Founded in 2010, Falcon Social set out to tackle the social media marketing needs for businesses, a market estimated to grow to USD9.8 billion by 2018 according to MarketsandMarkets. Today, Falcon Social helps over 400 world-renowned companies listen, engage,
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