Allocations
GSO Capital Partners LP (“GSO”), the global credit platform of The Blackstone Group, has acquired Harbourmaster Capital, a leading European leveraged loan manager which manages and advises on approximately EUR8 billion (USD11 billion) of assets.
The Harbourmaster Capital Dublin-based team will continue to support the Harbourmaster funds, and will form a combined platform with GSO’s existing European leveraged loan business to develop new European focused funds for their global investor base. The combined European leveraged loan platform will have approximately EUR11.5 billion (USD15.5 billion) in assets under management supported by a combined team of 40 professionals in both Dublin and
Private equity investment firm HIG Capital has acquired certain assets of WhiteHorse Capital, a Dallas-based CLO manager with experience managing over USD1.7 billion of capital, and formed HIG WhiteHorse to provide flexible financing solutions to profitable and performing small and middle market companies.
With more than USD1 billion of capital available to deploy into businesses in the US and Europe, HIG WhiteHorse has a broad mandate to provide senior, second lien, uni-tranche, mezzanine, and subordinated debt for refinancings, growth capital, acquisitions, and balance sheet recapitalisations. This transaction marks a significant expansion of HIG’s existing credit platform, which currently manages in
GenNx360 Capital Partners has sold SiVance, LLC to Milliken & Company. Financial terms of the transaction have not been disclosed.
SiVance, LLC is a leader in silicone chemistry, focused on the development and manufacture of specialty silicone technologies and intermediates required to modify basic silicone polymers.
GenNx360 Capital Partners, LP acquired the assets of Clariant Life Science Molecules (Florida) Inc, a Gainesville, Florida-based subsidiary of Clariant Corporation, through an entity called SiVance, LLC, in August 2009.
"Supported by SiVance’s CEO, Craig Stafford, and the entire SiVance team, we successfully transitioned the business away from Clariant systems within twelve months,
Holland Private Equity (HPE) has invested substantial primary capital in Synova SA (Synova) in a capital increase of up to CHF20 million to become the firm’s largest outside shareholder.
The expansion capital will allow Synova to further execute its internationalization, sales expansion and fuel further product development of its unique water-jet guided laser cutting technology.
Tim van Delden (pictured), Chief Investment Officer of HPE, says: "Synova has built a great foundation to become a global market leader in laser based cutting and surface conditioning solutions. Their unique, patented technology and the market demand in multiple sectors provide an excellent basis
The total value of UK mergers, acquisitions, flotations, rights issues and placements was GBP181.4 billion in the first nine months of 2011, an increase of 15.7 per cent on the same period in 2010, according to Experian Corpfin. This was despite the overall volume of deals falling by 6.7 per cent to 3,169.
The value of UK mid-market transactions where a consideration was disclosed was up by 18 per cent to GBP159.5 billion on the year, against just one per cent fewer transactions (549).
Rothschild has been the most active financial advisor by volume with 58 deals, while
Practice Plan, a leading UK provider of membership plans and other support services to dental practices, backed by UK private equity house Dunedin, has made two transformational acquisitions; Isoplan, a UK dental plan provider, and Medenta, the market leader in dental patient finance.
Based in Oswestry, Shropshire, Practice Plan is known for its innovative approach to helping dental practices grow their customer bases by offering marketing, business and consultancy support, in addition to providing practice branded dental membership plans.
These acquisitions form part of an active business expansion strategy, demonstrated by the company’s exceptional growth since Dunedin made its original
Blackboard has completed its acquisition by an investor group led by affiliates of Providence Equity Partners in an all-cash transaction valued at approximately USD1.64 billion in enterprise value, plus the assumption of approximately USD136 million in debt.
As previously announced, the transaction was approved by Blackboard stockholders at a special meeting of stockholders held 16 September, 2011.
Pursuant to the terms of the acquisition agreement, Blackboard stockholders will receive USD45.00 in cash for each share of Blackboard common stock. The transaction represents a 21 per cent premium over the closing price of USD37.16 per share on April 18, 2011,
Monroe Capital has funded a USD27.5 million unitranche facility to support the acquisition of Fabco Automotive Corporation Partners by Wynnchurch Capital, Ltd.
Based in Livermore, CA, Fabco is a leading North American supplier of highly engineered, specialty gearbox, axle and transfer case products for all-wheel drive, medium and heavy duty vehicles used in severe service applications. Prior to the acquisition by Wynnchurch, Fabco was a subsidiary of Accuride Corporation.
Tom Aronson (pictured), Managing Director at Monroe Capital, said: “Our unitranche facility was ideally suited to finance the acquisition of Fabco. A corporate divestiture is always a more challenging transaction. We
Velocis Fund has met its first fund closing target. The real estate private equity fund accepted USD36.5 million in capital commitments and an additional USD4.7 million of co-investment equity for a total of USD41.2 million of equity under management. Incorporating maximum leverage of 60 per cent, this first closing will give Velocis Fund approximately USD100 million in purchasing power.
"This closing has taken our fund from concept to reality," says Fred Hamm, Velocis managing principal. "We are carrying out our original stated strategy and are continuing to pursue real estate assets that meet our investment criteria. While excited about this
Independent fund services provider Butterfield Fulcrum, and Luxembourg Investment Solutions SA (LIS), a regulated (UCITS-licensed) management company, have signed a strategic cooperation agreement to provide a complete suite of management company and fund administration services in Luxembourg.
This relationship offers non-European fund initiators a quick and cost effective solution to launch Luxembourg-domiciled funds with a single point of contact for fund administration and corporate secretarial needs. With a focus on alternative investment funds and structures, this strategic partnership will help investment managers, institutional investors and family offices realise their investment ideas through a unique plug and play solution.
Butterfield Fulcrum
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
