Allocations
Towry Group, a portfolio company of Palamon Capital Partners, has concluded a transaction with Macquarie Bank and Royal Bank of Scotland, to provide a GBP47.3m financing package.
The proceeds of the debt issuance, which comprised GBP42.5m of senior and junior loans provided by Macquarie and GBP4.8m of additional senior debt provided by RBS, one of Towry’s existing lenders, were used to replace a mezzanine debt facility.
Towry is a growing independently-owned wealth advice business in the UK with GBP4.6bn of assets under management. Since Palamon’s initial investment in 2003, revenue has grown more than 35 per cent per year.
iLevel Solutions, a provider of private equity software and reporting solutions, has formed a strategic partnership with Hamilton Lane, an independent financial institution that provides discretionary and non-discretionary private equity asset management services, to expand the existing iLevel platform to encompass the data needs of limited partners.
"The vision at iLevel has always been to provide the platform to the alternative asset market that integrates all information for general partners and limited partners to monitor investments, prepare and report valuations, and exchange information. Our expansion from covering the specific data needs of general partners to covering those of the limited
Capital Dynamics has closed an investment in Curves International, alongside lead investor North Castle Partners.
Curves is the largest health club franchisor in the world with over 1.5 million active members and 7,300 clubs located in 90 countries. Focused predominantly on fitness and women’s health, Curves features a business model built on a franchise system with geographic and product diversification.
The investment was a globally co-ordinated effort. Capital Dynamics’ London, New York and Silicon Valley offices, together with its Tokyo office, worked in close collaboration with US-based North Castle Partners to complete the transaction.
“We have a strong
A fund managed by Blackstone on behalf of its private equity investors, Blackstone Capital Partner VI, is to acquire acquire Vivint from its existing shareholders, including Goldman Sachs, Peterson Partners, Jupiter Partners and other minority shareholders for in excess of USD2bn.
Vivint is the largest home automation services company in North America and second largest residential security services provider.
As part of the transaction, Blackstone will acquire Vivint Solar and 2GIG Technologies from its respective shareholders. Vivint Solar is a provider of solar solutions that leverages the power purchase agreement (PPA) model to offer affordable solar power to residential
HIG Capital has completed the sale of DIAM International to French private equity firm LBO France.
HIG Capital has completed the sale of DIAM International to French private equity firm LBO France.
Based in Paris, France, DIAM is a designer and manufacturer of high quality luxury and retail point of purchase displays.
DIAM has more than 1,300 employees in 13 countries throughout Europe, Asia, Africa, North America and Australia. The company’s primary business segments include prestige retail displays, mass-market displays, non-cosmetic displays and installation services.
“HIG has been a tremendous partner to DIAM and has been instrumental in helping us
Mid-market private equity provider LDC has exited its investment in outsourced insurance services provider Direct Group by selling the company to Ryan Speciality Group (RSG).
Mid-market private equity provider LDC has exited its investment in outsourced insurance services provider Direct Group by selling the company to Ryan Speciality Group (RSG).
The transaction remains subject to completion pending regulatory approval. Terms of the sale were undisclosed.
LDC backed a management buyout of Direct Group in 2007. Since then, with LDC’s backing, the business has made four strategic acquisitions to diversify its outsourced services offering, including insurance broker Millennium in 2008
Gas sensing instruments manufacturer, Cascade Technologies, which was backed by Panoramic Growth Equity in May 2011, has been listed as one of Britain’s 100 fastest growing private technology companies.
Tech Track 100 is produced by Fast Track.
Stirling-based Cascade Technologies developed and patented the world’s first real-time technology for the detection, measurement and monitoring of gas emissions and explosives through its use of quantum cascade lasers. It is used in a range of commercial applications such as the monitoring of gas emissions in power stations and airports, substance detection at airports and process analytics in chemistry.
In November 2010,
glendonTodd Capital, a Dallas-based private equity firm, has invested in SDL Citadel, a renewable energy company that converts everyday waste into electricity and heat.
Through its investment into SDL, glendonTodd brings a two-plus year relationship focused on social ventures and philanthropic efforts to fruition.
SDL’s mission is to enhance environmental protection by producing and conserving energy from renewable sources.
SDL Citadel and its key stakeholders provide sustainable renewable energy solutions that foster job creation, economic development, reinvention of industry, and energy independence with little or no impact upon the environment. glendonTodd will not only help the management team commemorate these
GMT Communications Partners, a European media and communications focused private equity group, has teamed up with the management and founding chairman to invest in Seagull, a provider of computer based training systems and e-learning for seafarers worldwide.
Founded in 1996 by its chairman, Oscar Johansen, a long term maritime industry executive, and financial partner Bjørn L.G. Braathen, Seagull offers a comprehensive library of training and on-board courses for regulatory, compliance and improved seafarer knowledge, in line with the requirements of the key global seafarer regulatory bodies.
This transaction sees GMT, alongside Johansen and Roger Ringstad, Seagull’s managing director, acquiring
French firm Groupe Ludendo, backed by private equity firm NiXEN Partners, has acquired iconic British toy retailer Hamleys in a deal thought to be worth GBP60m.
Groupe Ludendo, which currently operates 300 toy stores in France, Belgium, Switzerland and Spain, will be moving into new markets adding 22 Hamleys stores to its portfolio including outlets in Denmark, Jordan, Dubai, India, Cyprus, Russia and Saudi Arabia, as well as the company’s flagship store on London’s Regent Street.
“We have the utmost respect for the Hamleys brand and heritage, as well as the unique interactive retail environment of fun, entertainment and theatre
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm