Allocations
Apex Fund Services has acquired Pinnacle Fund Administration. Headquartered in Charlotte, North Carolina, Pinnacle operates additional offices in New York and Vancouver.
Fund managers in the US and Canada are seeking to partner with stable providers that can provide a variety of services and outsourcing solutions. Pinnacle’s existing clients will benefit immediately from the acquisition by being able to access Apex’s full range of fund administration services, as well as expand their market reach available through the Apex Global Network of 34 offices worldwide.
Apex will rapidly introduce to the US and Canadian fund services sectors, particularly to middle market
Colombian private equity fund manager Tribeca Management Company, “Tribeca”, has fully exited its investment in Operador del Terminal de Carga Aeropuerto Internacional El Dorado, “OTCA”.
OTCA was the exclusive operator of Bogota CargoCity, the air cargo terminal at El Dorado International Airport in Bogota.
The investment in OTCA returned US$56.5 million, resulting in an IRR of 22.9% for the project. Tribeca originally invested in OTCA in 2010 via FCP TCED (Infrastructure) – Fund II
The air cargo terminal at El Dorado International Airport in Bogota is the largest facility in Latin America. In 2014, it processed over 400,000 tons of
Sabre Industries a portfolio company of Kohlberg & Company has acquired FWT, a portfolio company of Satori Capital.
The business combination strengthens Sabre's position in the transmission and distribution structures sector.
"This investment in FWT is a perfect combination with Sabre. It increases our industry-leading capabilities, expands our footprint, and brings FWT's history of quality and service," says Peter J Sandore, President and Chief Executive Officer of Sabre. "Together, we will be able to better serve our customers in the electricity transmission industry."
FWT will operate as a subsidiary of Sabre and will continue to serve customers from its plants
Blue Wolf Capital Partners has acquired a majority stake in North American Rescue (NAR), a supplier of tactical medical products, such as tourniquets, chest seals and decompression needles.
North American Rescue’s clients include the military, law enforcement and EMS first responders.
NAR’s Chief Executive Officer, Bob Castellani, and other members of the NAR management team invested alongside Blue Wolf and will remain in their current positions. Michael Ranson, Vic Caruso and Aakash Patel of Blue Wolf will join the Company’s Board of Directors. Renaissance Strategic Advisors and Holland & Knight provided advisory services to Blue Wolf on this transaction. Additional
Pioneer Corporation and KKR have completed a share purchase agreement for Pioneer DJ, under which KKR and Pioneer now own 85.05% and 14.95%, respectively, of PDJ Holdings Co.
Pioneer DJ develops and markets equipment for DJs, including CD players, mixers, controllers, headphones and speakers. It has a leading presence in the DJ equipment market with the top global market share, strong brand image, reputation for technological differentiation as well as high profitability and is the favoured brand of a broad range of top professional and amateur DJs worldwide. Pioneer and KKR will jointly leverage their respective business resources, brand power
A total of GBP5.2 billion worth of construction contracts for 1,095 renewable energy projects were awarded in 2014, which includes a record amount of solar power projects worth over GBP1.7 billion.
That’s according to data from Barbour ABI, a sister company of Ecobuild and a chosen provider of construction data for the Office for National Statistics (ONS) and the Government, revealed last year renewable energy planning applications increased by 26 per cent compared with 2013, continuing the trend of year on year growth in the sector. Whilst the renewable sector benefited from high levels of investment in 2014, 45 per
Law firm Ropes & Gray has advised Crescent Capital Partners Management Pty Limited (Crescent) on its over-subscribed Crescent Capital Partners V (Crescent V) fund.
An AUD675 million fund, Crescent V will seek to invest in middle market businesses primarily in Australia and New Zealand with a focus on companies worth between AUD50 million and AUD300 million.
Recognised as one of Australasia’s leading private equity firms, Crescent was formed in Sydney in 2000. The firm has a highly strategic approach to investing, targeting specific investment themes and sectors that will experience strong profit growth. Crescent’s investment approach is complemented by extensive strategy
Professional testing services provider PSI Services has partnered with Waud Capital Partners (WCP), a middle-market private equity firm.
PSI provides various solutions through its multiple business channels including talent assessments (of job-seeking candidates as well as employee development programs), licensure testing and license management services (for government regulatory agencies) and certification credentialing services (for professional associations). PSI offers clients various solutions to measure, assess and identify the skills, abilities, traits and identities of individuals seeking jobs, licensure or certification credentials.
Stephen Tapp, PSI’s Chief Executive Officer, says: "Based on the excellent growth and diversity of PSI's business portfolio, combined with
Mitel is to acquire Mavenir Systems, a provider of software-based networking solutions for mobile carriers in a cash and stock deal valued at approximately USD560 million.
Under the terms of the merger agreement, Mitel will commence an exchange offer pursuant to which Mavenir stockholders will be entitled to elect to receive either all-cash or all-stock consideration for each share of Mavenir common stock, subject to proration, in either case with a value of USD11.08 plus 0.675 of a Mitel common share, or USD17.94 based on the closing price of a Mitel common share on February 27, 2015.
The transition to
LBO France is in exclusive negotiations with Equistone Partners for the sale of Averys, a European producer of storage systems, racks and metallic furniture.
The transaction remains subject to necessary consultations and approvals and could be finalised in the coming months.
In 2013, under the impulsion of LBO France, Averys completed a transformational build-up with the acquisition of Stow, a leader in static racks and storage systems with a major production facility in Belgium. In additional to their similar activities, Averys and Stow presented important geographic complementarities. Through this major acquisition, Averys doubled in size becoming the 2nd largest
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
