Allocations
WordLogic has received a non-refundable financial commitment to purchase exclusive rights to its legal enterprise solutions for North America.
WordLogic’s predictive iKnowU keyboard, enriched with REACH technology, supersedes the need to exit core applications so that users will no longer have to navigate through numerous applications to obtain information such as directions, restaurant listings, ratings and reviews, travel information and other contextual data from Google or other mobile and content sites.
REACH is available on Android and soon on iOS 8.
The licensing will be to a US-Virginia based private equity group. The terms of the transaction include:
Buttonwood Group Advisors is to list on the FNEX online alternative investment platform via its placement agent, affiliated broker-dealer Joseph Gunnar & Co.
FNEX.com provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by investment banks and funds across the US.
The distribution platform lists offerings and provides investors with the necessary tools to educate themselves on alternative investment opportunities. To date, FNEX has integrated with custodians, trusts and self-directed IRA platforms that represent over 400,000 accounts and over USD40 billion in assets under management, with more than 200 investment banking offices and
Arlington Capital Partners has sold Virgo Holdings, an integrated business-to-business information services company, to Informa plc.
Headquartered in Phoenix, Arizona, Virgo is focused on delivering content within the fast-growing natural products, communications, healthcare and business solutions industries via live events, electronic and print media products, and online platforms. Currently, Virgo produces six trade shows and conferences, publishes nine trade websites and six affiliated magazines, and operates online training and accreditation programs as well as branded online stores.
“Since our acquisition of Virgo in 2008, we have worked closely with the entire management team to accelerate the company’s digital media
Private equity firm ClearLight Partners has sold portfolio company Apple & Eve to Lassonde Industries for a total cash consideration of USD150 million, subject to adjustments for working capital and other items.
Founded in 1975, Port Washington, NY-based Apple & Eve is the largest privately held producer of 100% fruit juice products in the United States. The Company offers more than one hundred different juice products sold under its iconic flagship brand name, Apple & Eve, and includes a portfolio of sub brands including Organics, Fruitables, Quenchers, Waterfruits and Sesame Street. Additionally, it owns and markets juices under Northland, Seneca
Carey Group has become the first listing agent in the world not based in the Cayman Islands to become a Cayman Islands Stock Exchange (CSX) listing agent.
Being based in the same time zone as London gives the Carey Group Guernsey team a significant advantage over all other CSX listing agents with respect to servicing European and MENA based clients.
As both a listing agent of the CSX and a listing member of the Channel Islands Securities Exchange (CISE), Carey Group’s Guernsey fund services business now has the unique capability to offer clients the choice of two recognised stock exchanges.
Investcorp, a provider and manager of alternative investment products, has completed the sale of SourceMedia to Observer Capital. Terms of the transaction have not been disclosed.
Investcorp originally acquired SourceMedia, inclusive of its Accuity affiliate, from the Thomson Corporation in 2004. Through Investcorp's stewardship, SourceMedia made significant investments and changes to the business that advanced its digital-first strategy, significantly diversifying its revenue mix to incorporate digital media, marketing services, events and new categories such as research. In addition, Investcorp spun out Accuity, and worked with its management to position the business as the leading US provider of payment efficiency and
Fortress Investment Group has held the successful close of Fortress Worldwide Transportation and Infrastructure Investors (FTAI) at its cap of USD995 million in total commitments.
FTAI was originally raised as a USD395 million fund; this was followed by a subsequent “top up” private capital raise of USD600 million of additional capital commitments.
FTAI brings together a diverse mix of high yielding transportation assets and value-add infrastructure projects. Its portfolio includes aviation, shipping, offshore energy and rail assets and infrastructure, including airplanes, jet engines, shipping containers, intermodal equipment, offshore energy vessels, as well as railway lines, railcars and terminals.
“The environment
Los Angeles-based private equity firm Vance Street Capital and its affiliates have acquired Eirtech Aviation, a specialist aviation coating services company headquartered in Shannon, Ireland.
Eirtech will be combined with existing Vance Street portfolio companies, Leading Edge Aviation Services and Associated Painters, to form International Aerospace Coatings.
The combined entity creates a global provider of aviation coating services, including exterior and interior aircraft painting, aircraft refurbishment and provision of aircraft graphics.
The principals of Eirtech Aviation will maintain a substantial ownership stake in the combined business. Terms of the transaction have not been disclosed.
The newly merged
The sale of two portfolio companies – Precision Dermatology, and CardioMEMS – has seen the limited partners of private equity firm Boston Millennia Partners realise USD10.5 million.
With the receipt of Hart-Scott-Rodino clearance, the acquisition of Precision Dermatology by Valeant Pharmaceuticals, for USD500 million, closed on 7 July.
On 30 May, Boston Millennia Partners’ portfolio company CardioMEMS, whose lead product is a significant advancement in the treatment of heart failure, was sold to St Jude Medical pursuant to a transaction valued at USD463 million.
Precision was spun out of Collegium Pharmaceuticals, a specialty pharmaceuticals company, for which Boston
Ipreo Holdings has been acquired by private equity funds managed by Blackstone and the Goldman Sachs merchant banking division.
The business has been acquired from affiliates of Kohlberg Kravis Roberts (KKR). Terms of the transaction have not been disclosed.
"Ipreo is an extraordinary company with tremendous potential for growth," says Martin Brand, senior managing director of Blackstone. "We are pleased to partner alongside management and Goldman Sachs to position Ipreo for continued innovation and success."
"Ipreo has a long track-record of impressive performance across all the markets it serves. We are excited to help the company achieve new
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
