Allocations
Palatine Private Equity portfolio company Chase Templeton has completed the first in a new series of acquisitions with the purchase of Health Assist.
Health Assist, based in Kenilworth, specialises in company private medical insurance (PMI), employee benefits and group risk.
The acquisition will add GBP1.9m in annual premium income (API) to Chase Templeton’s business division.
The Health Assist business will be integrated with Chase Templeton’s business operations based in Blackburn. The firm employs nearly 60 staff and also has an office specialising in individual and family health insurance in Bridgwater, Somerset.
This acquisition is the first in
Rcapital, the London based private investment company, has bought Shopacheck Financial Services (SFS), the home collected credit business, from Welcome Financial Services.
The new deal will see SFS merge with Rcapital's existing home collected credit business, Morses Club Limited (MCL).
The revenue of the newly formed business is expected to be in the region of GBP80m.
Birstall-based SFS is currently the number two in the UK home collected credit market, behind Provident Financial. Combining MCL, currently ranked at number four, with SFS will form a new business with over 500 employees and 2,100 agents, creating the largest independent
Catella has acted as advisor to The Carlyle Group in the sale of Globen City and Startboxen.
The buyer was property company Klövern, and the purchase price amounted to SEK3.8bn.
The sale is the largest transaction completed in Sweden thus far in 2014.
The deal includes the Arenan 2, 3, 6 and 8 properties, as well as the Startboxen 3 property in Solna.
“The sale of Globen City is the largest transaction so far this year, so it is clearly prestigious for us to have completed the sale with a good outcome,” says Anders Nordvall, head of
A fourth vessel has been added to the fleet of small handy dry cargo ships, following the latest shipping transaction under Talis Capital’s Project Blueline.
Talis Capital advised on the acquisition of a 10,700 dwt 2007 built general cargo vessel which was completed in the last week of February. Alongside the existing vessels, she will be repositioned from the Far East and operated in European and North African markets.
INTRESCO Ltd co-invested alongside Talis Capital advised investors, and will provide full commercial, technical and crew management services to the vessel.
Talis Capital’s shipping investment activities are known as
Private equity firm Superior Capital Partners has sold Edge Adhesives to a buyer group led by Gladstone Investment Corporation and Akoya Capital Partners.
The company will continue to be led by the current executive management team. Terms of the transaction have not been disclosed.
Headquartered in Fort Worth, Texas, Edge specialises in butyl and block co-polymer technologies.
Scott Hauncher, a managing director at Superior, says: "The Edge story showcases several of the key initiatives Superior expects to achieve as a special situations fund. When we acquired Edge in 2010, it was an underperforming and capital constrained business. Through our
LLR Partners has held the final closing of LLR Equity Partners IV (LLR 4), a USD950m private equity fund that builds on the firm’s 15-year history of investing in and partnering with middle market growth companies.
LLR 4 began investing in 2013 and has closed investments in five companies – ACRE, Cigital, iJET, Logi Analytics and Ultisat.
“Since launching our first fund in 1999, LLR has brought a collaborative approach to working with middle market companies that have an opportunity to become leaders in their industry niches,” says LLR’s Mitchell Hollin.
LLR 4 remains focused on a broad
Albion Ventures has made an investment of GBP2.2m in Egress Software Technologies, a provider of on-demand Cloud-based email and file encryption services to organisations in the public and private sectors.
Established in 2007, Egress launched its SaaS-based information security platform, Egress Switch, in 2009.
Since its launch, Switch has become one of the market’s leading email and file encryption solutions, and already dominates the local authority space, with over 70 per cent of councils registered as subscribers of the service.
The uptake of Switch has also been recognised across central government and the NHS, as well as a
Proception Medical, a medical device incubator, has partnered with a private equity fund to seek and evaluate private investment and buy-out opportunities in the orthopaedic and medical device industries.
Members of Proception Medical will be attending the Annual American Academy of Orthopaedic Surgeon Meeting in New Orleans next week to investigate investment and new product opportunities.
Proception Medical bridges the gap between surgeon inventor and strategic exits by taking the device through the development, regulatory approvals and limited launch process.
The partnership with the private equity firm allows Proception Medical to create similar value for companies needing investment
Law firm CMS Hasche Sigle has advised Hamburg-based Capital Stage AG on a 10 per cent capital increase.
The company has acquired photovoltaic plants and wind farms in Germany and Northern Italy with a capacity of around 241 megawatt peak (MWp) since 2009, making it one of the largest independent solar park operators in Germany.
A team from CMS Hasche Sigle led by lead partner Dr Andreas Zanner provided advice to Capital Stage AG and the sole global coordinator, Joh. Berenberg, Gossler & Co., on structuring and completing the transaction. The co-manager is WGZ BANK AG.
CMS Hasche
Maven Capital Partners has provided further finance to existing investee company Glacier Energy Services to support the acquisition of Professional Testing Services (PTS).
The deal will see Maven, alongside co-investment partner Simmons Parallel Energy Fund, invest an additional GBP3.25m into Glacier.
Glacier is an international oil and gas service company with operations in Aberdeen, Glasgow, Methil and Newcastle. Since Maven first invested in the business in 2011, it has undertaken a buy-and-build strategy having acquired two complementary businesses, Ross Offshore and Site Machining Services. Both companies have already been integrated into the Glacier group.
Maven and Simmons have
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12 November, 2026 – 8:00 am
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