Allocations
Affiliates of GS Capital Partners and P2 Capital Partners, LLC (are to acquire Interline Brands for USD25.50 per share in cash.
The transaction, which has been unanimously approved by Interline’s board of directors, is valued at approximately USD1.1 billion, including the assumption of debt. The price of USD25.50 per share represents a premium of approximately 42% relative to the Company’s closing stock price on 25 May, 2012, the last trading day before the announcement of the transaction, and a 31% premium relative to the Company’s trailing 30-day average closing stock price.
"This agreement provides excellent value to shareholders. This is
Exosun, a company specialising the design, construction and maintenance of ground solar power plants equipped with trackers, has completed a second fundraising operation worth EUR12 million intended to support its growth and strengthen its financial structure.
Omnes Capital (formerly Crédit Agricole Private Equity), which owns a stake in Exosun since 2009, participated in the roundtable alongside new partners: ADEME (French environment and energy management agency), which has undertaken its first investment since it received the mandate to invest directly in cleantech industry firms as part of the French government initiative “Investments for the Future”; Grand Sud Ouest Capital and Aquitaine
NXT Capital has increased its total debt financing capacity to USD1.6 billion and expanded its senior secured revolving credit facility from USD650 million to USD740 million.
Agented by Wells Fargo Bank, NA and affiliates, this facility provides funding for NXT’s middle-market senior secured commercial loan portfolio. The increase in size comprised commitments of USD50 million from Capital One Bank and USD40 million from EverBank Commercial Finance (“EverBank”), who now join Co-Arranger SunTrust Bank, BMO Capital Markets Corp. and Key Corp. in NXT Capital’s bank group. In conjunction with this increase, NXT also received reduced pricing and an extension of the
Teralys Capital has made an investment of CAD65 million in TVM Life Science Ventures VII ("TVM LSV VII" or the "Fund"), which closed on an initial size of CAD150 million. The Fund will focus primarily on early stage drug development and life sciences company opportunities.
The investment by Teralys Capital, together with investments by Eli Lilly and Company (NYSE:LLY; "Lilly") and other partners, enables a new investment model in Québec, which will involve the formation by the Fund of single therapeutic asset companies and benefit the entire local life sciences ecosystem of researchers, entrepreneurs, business partners and service providers.
TVM
Lighting Science Group Corporation has completed the final round in a series of private placements totalling approximately USD140 million in equity funding and commitments, of which approximately USD88 million is new equity funding and commitments and approximately USD52 million represents the conversion of certain bridge financings occurring since the fourth quarter of 2011.
The proceeds from the new equity funding and commitments will be used to finance the Company’s growth, expand its manufacturing capabilities, and enhance its leadership position in developing innovative energy-efficient LED lighting products for consumer and commercial applications in both the public and private sectors. This new
Phoenix Equity Partners, a UK middle-market private equity firm, has invested in CloserStill, a business-to-business exhibition organiser, in a transaction which values the business at circa GBP25 million.
This is the sixth investment from Phoenix’s GBP450 million fund, which was raised in 2010, and is a partial exit for NVM Private Equity ("NVM"), which delivers an excellent return on their original investment.
Phoenix is backing the existing management team of CloserStill, led by Andy Center (CEO), Phil Soar (Chairman), Phil Nelson and Michael Westcott.
Phoenix’s investment, together with an ongoing investment by NVM, marks an exciting new phase in CloserStill’s
Cell Therapeutics has entered into an agreement to sell, subject to customary closing conditions, USD40 million of shares of its Series 15 Convertible Preferred Stock and warrants to purchase shares of its common stock (and the shares of common stock issuable from time to time upon conversion of the Series 15 Convertible Preferred Stock and exercise and exchange of the warrants) in a registered offering to an institutional accredited investor (the "Initial Purchaser") in two USD20 million tranches (the "Offering").
CTI plans to use the net proceeds from the Offering to finance the purchase price and related fees and expenses
Investec Growth & Acquisition Finance (GAF), part of Investec Specialist Bank, has provided LDC with a debt financing package to support the management buy-out of Ocean Outdoor (Ocean) from Smedvig Capital.
Ocean operates 28 sites across the UK and is a leading operator of digital ‘out of home’ advertising sites specialising in iconic digital advertising sites including the IMAX, a number of Westfield shopping centre sites and Two Towers West on the Hammersmith flyover.
LDC and Ocean aim to expand their portfolio of sites and to continue developing their existing portfolio of high quality sites.
Stephen White, Investec
Pan-African equity specialist Emerging Capital Partners (ECP) has invested in Nairobi Java House, a leading Kenyan café and casual dining restaurant operator.
The deal marks the first private equity deal in the restaurant sector in East Africa, and ECP’s second investment in the East Africa region from its latest fund, ECP Africa Fund III. In conjunction with this investment, ECP has announced it will be opening a new office in Nairobi, Kenya.
Nairobi Java House launched operations in 1999 and has since expanded across Nairobi, serving African-grown coffee alongside a full menu of international cuisine. Nairobi’s affluent and middle
August Equity has completed a buy-in management buy-out (BIMBO) in Aspirations Care Group (Aspirations), a community care services provider specialising in supporting individuals with complex and challenging behaviour.
Aspirations is headquartered in Gloucester and provides high quality and specialist supported living and community support for children and adults who have mental health problems and/or profound learning disabilities, autism and those who can display complex and challenging behaviours. It currently provides services nationally to over 700 people and employs over 1,000 staff.
August Equity is backing a strong team led by CEO, Christine Cameron. Christine has 20 years’ experience in the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
