Flagship Food Group has agreed to terms to acquire Atlantic Foods Group.   The transaction will bring together two businesses focused on developing, sourcing, manufacturing, and distributing a wide range of food products for retail and restaurant customers.    UK-based Atlantic Foods Group will bolster Flagships’ international presences while adding food service products and customers. The combined business is expected to generate approximately USD300m in annual turnover, operating seven facilities in five time zones.  Terms of the proposed transaction have not been disclosed.    Rob Holland, chief executive of Flagship, says: "The acquisition of Atlantic Foods Group will represent an excellent

Logistics recruitment company Templine EmploymentAgency, which is backed by private equity house Key Capital Partners, has completed the acquisition of A&A Recruitment.   Ashby-de-la-Zouch-based A&A Recruitment is a well-established agency with 27 years’ experience, a reputation for high service levels and a significant profile in the area’s industrial and commercial markets.   This is the second acquisition made by Templine in the last 12 months, following the acquisition of two 247 Staff branches in September 2012.   Following the acquisition, Templine now operates 27 branches across the UK providing temporary labour to customers in the distribution, warehousing, industrial and driving

Bunker Hill Capital, a Boston based private equity firm, has acquired Dyno Holdco, the exclusive licensee of the Singer brand for sewing accessories and one of the largest producers and marketers of holiday decorative home products in North America, from TG Capital Corp.   The exclusive license enables Dyno to sell a large and diverse portfolio of sewing products, including cutting instruments, fasteners, needles, thread and a wide variety of other sewing related notions and accessories from an iconic sewing and craft brand. Dyno’s sewing business is complemented by its holiday decorative home products that include holiday-oriented home décor, holiday

Private equity investor Calculus Capital has made a significant investment in Benito’s Hat.   The deal represents the first investment in the restaurant sector for Calculus.    Benito’s Hat, a Mexican-themed fast casual restaurant business with four sites in central London, was named after extravagant Mexican president Benito Juárez. Founder Ben Fordham opened Benito’s first site on Goodge Street in London in 2008 with a little help from friends and family. Since then three more sites have been opened in Covent Garden, Oxford Circus and, most recently, King’s Cross. The investment by Calculus will help facilitate the roll-out of more

OMERS Private Equity (OPE), the private equity investment arm of the OMERS pension plan, has completed the purchase of Civica from 3i and funds managed by 3i for an enterprise value of GBP390m.   Civica is a provider of software systems, cloud-based IT services and technical outsourcing, primarily to public sector organisations in the UK and around the world. Civica has extensive capabilities and presence across local government, education, social housing, healthcare, and emergency services. The company employs over 2,000 staff, around 60 per cent of which are based in the UK.   OPE will support the management team as

DB Private Equity, the private equity platform of the asset and wealth management division of Deutsche Bank Group, has invested in mobile commerce specialist Celltick.   In February, Celltick announced record revenue in 2012 with focus on mobile initiated commerce utilising its mobile home screen marketing technologies. The company creates publishing inventory of various mobile devices’ home screens while closing the loop between mobile marketing and the final commerce transaction resulting from a marketing promotion.   By the close of 2012, Celltick powered billions of mobile initiated commerce transactions for virtual and physical goods serving over 140 million active consumers

UK decommissioning, demolition and remediation specialist KDC has secured a multi-million pound refinancing deal from Yorkshire Bank.   The GBP3.8m finance package, from Yorkshire Bank’s Manchester-based corporate banking team, provides KDC with fresh working capital as it continues to win new contracts across the UK.   The deal also refinances investment provided by YFM Equity Partners who, along with Yorkshire Bank and Barclays Ventures, was a key investor in the 2008 management buyout of the business. The company has grown turnover from GBP14m to GBP24mn since the MBO and it now has 140 employees across the UK.   Established in

Darby Private Equity’s Converging Europe Mezzanine Fund (DCEMF) has signed an agreement to exit its equity and mezzanine holdings in Sirma, a Turkish bottled water and beverage manufacturer, in connection with a sale of a majority interest in Sirma to Danone.    DCEMF’s exit is subject to the closing of the transaction with Danone. The transaction terms have not been disclosed.   DCEMF made a mezzanine investment in Sirma in 2010 to provide long-term funding for the growth of the company. DCEMF made a follow-on equity and mezzanine investment in 2011 to finance Sirma’s new factory.   Robert Graffam, Darby’s senior

German Equity Partners IV (GEP IV), a fund managed by the independent German private equity firm ECM Equity Capital Management, has acquired the MediFox Group, headquartered in Hildesheim, in partnership with the company’s management in an ownership succession transaction.   The founder and majority shareholder, who has developed MediFox Group to become a leading software provider in the market for nursing care in Germany, will withdraw from the business. In 2010 he transferred responsibility for daily operations to the current managing directors Christian Städtler and Dr Thorsten Schliebe.   As part of the transaction the management team of the MediFox