Allocations
KPS Capital Partners has signed a definitive agreement to sell its portfolio company, North American Breweries, to Cerveceria Costa Rica, a subsidiary of Florida Ice and Farm, for USD388m in cash.
NAB is one of the largest independently owned beer companies in the US and the owner of a diverse portfolio of brands including Labatt, Genesee, Seagram’s Escapes, Magic Hat, Pyramid, the Original Honey Brown Lager, Dundee and MacTarnahan’s.
NAB operates four breweries and seven retail locations located in New York, Vermont, California, Oregon and Washington.
KPS formed NAB in February 2009 as a platform for investments and growth in
iJento has received a USD8m equity investment led by MMC Ventures and existing investors Nauta Capital and Oxford Capital Partners.
This new investment in iJento is driven by several key factors:
• Market opportunity: digital and multichannel customer intelligence is an explosive global market with customer centric organisations investing heavily in specialist technology and services that provide a full understanding of their customers.
• Business value: iJento is enabling organisations to observe individual customer journeys, identify high value consumer segments and target customers with highly relevant and timely information and offers. This is delivering significant bottom line results
The Central Bank of Ireland is to initiate a consultation on the Irish regulatory regime for non-Ucits funds.
The consultation will outline the changes to be introduced in connection with the implementation of the Alternative Investment Fund Managers Directive (AIFMD) in July 2013.
The AIFMD has presented the Central Bank with an opportunity to redesign the framework for the regulation of non-Ucits funds. The Central Bank is proposing an approach to non-Ucits regulation which aims to turn the Irish regulations into a proportionate investment funds framework which accommodates investors across a wide spectrum of capability and sophistication.
Following detailed preliminary
The scarcity in the number of quality businesses coming to market, coupled with a lack of availability of debt funding, has impacted private equity yet again this quarter as the number of deals continued its year-long fall, according to research released by BDO’s corporate finance team.
This contrasted starkly with private company trade sales which reached their highest number since Q3 2011.
According to BDO’s quarterly Private Companies Price Index (PCPI) and Private Equity Price Index (PEPI), the number of private equity deals completed in Q3 2012 stood at 77, the lowest since Q2 2011 (when 68 were seen)
HSS Hire Services Group has been acquired by Exponent Private Equity.
The transaction value has not been disclosed.
HSS is a UK-based tool and equipment hire chain that has been serving big businesses, trade and DIY customers since 1957. Operating under the banner of HSS Hire, the group has an established nationwide network with a 2,000-strong workforce and a fleet of over 500 liveried vehicles. HSS operates from a national network of 230 distribution centres and branches in UK and Ireland.
HSS has traded successfully and posted consistent growth during the last four years. It delivered sales
An affiliate of private equity firm Aterian Investment Partners has completed the carve-out acquisition of ten heat treating facilities in the US and Canada from Bluewater Thermal Solutions.
The acquired plants will continue to operate under the Bluewater name.
Bluewater is a provider of heat treating services and solutions to a number of North American manufacturing industries. The company provides a range of metallurgical heat-treating processes in which metal parts are exposed to precise temperatures, atmospheres, quenchants, and other conditions to improve their mechanical properties, durability, and wear resistance.
Bluewater has locations in Michigan, Illinois, Indiana, Pennsylvania and Canada. From
Private equity firm HIG Capital has completed the sale of Texas Honing (THI), an engineering-enabled producer of high precision components used in oilfield drilling, completion, and production systems worldwide.
After the transaction, the company will be included in the Forged Products segment of Precision Castparts Corporation.
Based near Houston, Texas, THI was founded in 1976 as a specialised honing business catering to local oilfield tool companies. Over the past 35 years, THI has grown its offering to include eight complementary services including drilling, honing, boring, turning, skiving, off-centre drilling, and CNC processing.
“HIG has been a valuable partner and sounding
Riordan Lewis & Haden | Equity Partners’ (RLH) portfolio company, ABB Concise Optical Group, has been recapitalised by New Mountain Capital.
The transaction provided a favourable financial outcome for RLH’s investors while affording the ABB Concise management team the opportunity to continue their growth strategy in partnership with a new investor.
ABB Concise, based in Coral Springs, Florida, is the nation’s largest distributor of soft contact lenses. The company supplies more than two-thirds of the independent eye care professionals in America with brand name contact lenses, high grade ophthalmic products, and fully customisable gas permeable lenses.
The ABB Concise transaction
Investec Growth & Acquisition Finance has provided a debt facility to support the vendor backed management buy-out of BM Polyco, the UK’s largest professional and consumer gloves business, led by managing director Mark Holdaway.
Headquartered in Enfield, BM Polyco is the UK’s largest supplier of consumer hand protection through brands such as Bizzybee and Finesse, as well as being one of Europe’s largest professional glove makers.
Originally founded in 1979 by Leslie Blustin and Greg Murray, it has grown both organically and through a number of acquisitions including Bodyguards. It now employs 125 staff and generates over GBP55m in annual
Private equity fund Fortissimo Capital has acquired international roaming solutions provider Starhome from Comverse Technology and other shareholders.
Starhome’s roaming management tools enable wireless operators to generate high-margin revenues from Starhome’s multi-network reach; offer seamless out-of-network subscriber services; collaborate with other wireless operators; gain intelligence about their customers; and maximise network efficiency.
Starhome’s products are used by more than 200 mobile operators worldwide, including by 20 of the 30 largest operators in the world. More than 50 per cent of global roaming traffic occurs through Starhome’s technology.
The company has 220 employees, including 180 employees in Israel.
Yuval Cohen, founding
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
