Allocations
IBS Capital has sold its equity investment in IQuum to Roche.
IBS made its initial capital investment in IQuum in 1999 shortly after the firm was founded and has remained its largest outside investor over the past 15 years.
David Taft, the president of IBS, also served as a director on IQuum's board of directors since 1999. During this period, IQuum developed groundbreaking technology in molecular diagnostics.
Taft says: "IQuum's Laboratory-in-a-tube (Liat) System will dramatically improve the point of care segment of the diagnostics market and will bring significant benefits to Roche. In combination with Roche's extensive technological,
Surgery Center Holdings, a portfolio company of HIG Capital, is to acquire 100 per cent of the stock of Symbion Holdings Corporation, a portfolio company of Crestview Partners, for a total purchase price of USD792 million.
The transaction is subject to customary closing conditions and required regulatory approvals.
The transaction creates a portfolio of approximately 100 healthcare facilities and complementary ancillary services. The combined business will be one of the leading independent Ambulatory Surgery Centre (ASC) operators in the US, providing patients with low-cost surgical services. In addition to surgical services, the businesses operate numerous outpatient ancillary lines of
Actis has completed a two-part transaction that has seen the firm’s subsidiary, Umeme Holdings Ltd (UHL), sell a total 45.7 per cent of Ugandan electricity distribution company Umeme Ltd for USD98m.
The final step in the transaction was the sale of shares totalling 6.7 per cent of the company for USD13m to Ugandan retail investors and Umeme management and directors.
Stanbic acted as lead transaction advisor and Stanbic and Rencap as joint bookrunners.
The retail and management tranche follows the USD85m institutional tranche (39 per cent of the company), which was heavily oversubscribed by more than 20 institutional
Oak Hill Capital Partners is to acquire managed, hosted data centre and IT infrastructure services provider Pulsant from Bridgepoint Development Capital (BDC).
Terms of the transaction have not been disclosed.
The transaction is unconditional and is expected to complete in the coming weeks.
Pulsant was formed in October 2010 when BDC acquired Lumison, a provider of connectivity, hosting and managed IT services. This was the first step in a strategy to create a 'one stop shop' managed and hosted IT services supplier in the underserved UK mid-market.
Subsequently, Pulsant (as the business was re-branded) made three
Hill-Rom Holdings is to purchase TRUMPF Medical, the medical unit of the privately held TRUMPF Group, for approximately USD250 million in cash.
The transaction is expected to close late in the company's fiscal fourth quarter and will be immediately accretive to adjusted earnings per share.
TRUMPF Medical, based in Germany, provides a portfolio of well-established operating room (OR) infrastructure products such as surgical tables, surgical lighting, and supply units. Hill-Rom's surgical portfolio already includes leading products for surgical safety and efficiency such as Bard-Parker scalpels, the Allen Advance Spine Table, patient positioning accessories, surgical supplies and surgical fluids
Telecom related merger and acquisition activity is increasing significantly across Central and Eastern Europe and a number of deals are expected to change the sector over the next 12 months.
Regional telecom and media leaders, private equity investors, investment bankers and advisers meet to assess the key strategic and investment opportunities at the TMT Finance & Investment CEE 2014 Conference in Warsaw on 30 September.
“M&A activity in the telecoms is especially buoyant in the CEE region, with over five billion euros of deals completed over the past year and several more in the pipeline,” says Dominic Lowndes, managing
ICG, the specialist asset manager, has supported KIRKBI Invest A/S, the Groos Family and the management team in the acquisition of Minimax Viking Group.
The investment shifts ownership of the company from IK Investment Partners to the consortium.
ICG led the arranging of the transaction.
Minimax Viking Group specialises in fire protection. ICG will support the company under its new ownership in its growth strategy and further international expansion.
Jens Tonn, head of Germany for ICG, says: "Minimax Viking Group is an excellent investment opportunity, a strongly performing market leading business with huge future potential. ICG is
Actis, a pan-emerging market private equity investor, has acquired the majority interest in three power assets in Cameroon from The AES Corporation.
Actis will pay USD202 million net of closing price adjustments for a 56 per cent stake in Cameroon’s national integrated utility, Société Nationale d’Electricité (SONEL), and in two independent power plants, Kribi and Dibamba.
SONEL provides 933MW of generation and supplies electricity to over 800,000 customer connections throughout the country, while Kribi and Dibamba contribute a combined 302 MW towards Cameroon’s generation capacity. Actis will own SONEL, and Globeleq, Actis’ wholly-owned private power company, will directly own
RLJ Equity Partners, an affiliate of The RLJ Companies, has acquired EnviroVac Holdings, a provider of industrial cleaning, environmental services, and on-site maintenance support.
EnviroVac uses state-of-the-art equipment to provide industrial vacuuming, hydroblasting, watercutting and inspection services for customers who participate in the pulp and paper, chemical, steel, oil and gas, power generation and other industrial business sectors.
"EnviroVac is a trusted brand in the industrial services industry," says Jerry L Johnson, managing director of RLJ Equity Partners. "The company has a safety-first approach in providing the most innovative environmentally safe technology and quality operations to its clients and
Kingdom Holding Company (KHC) and Caisse des Dépôts International Capital (CDCIC) have signed a memorandum of understanding to establish an investment vehicle seeking to develop Saudi projects and ventures.
The KHC-CDCIC platform will help advance bilateral economic co-operation and trade and to facilitate access to long‐term capital in both countries by companies engaged in economic cooperation between Saudi Arabia and France.
To advance this partnership, a working group was formed, co-chaired by HRH Prince Al Waleed Bin Talal Bin Abdulaziz Al Saud, chairman of KHC and Laurent Vigier, CEO of CDCIC.
The partnership will seek attractive investments across
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
