Allocations
Palatine Private Equity owned SMP Group of Companies (SMP), has completed a deal to acquire Helm Trust Company Limited (Helm), a trust and corporate services provider based in Jersey.
The deal, originally announced in July, has been approved by the Jersey Financial Services Commission.
Helm has now begun trading as SMP Helm Trust Company Limited (SMP Helm), as part of a staged integration process that will see SMP’s existing Jersey office merge with the acquired business.
Lewis Buckley, who has been a Director of Helm since 2011, has moved into the position of Managing Director of SMP Helm,
Black&Callow, a European financial print and communications company, and Intralinks, a global financial technology provider for the global banking, deal making and capital markets communities, have formed a strategic alliance to provide end-to-end solutions for Capital Markets fundraisings and related transactions.
Black&Callow is the No1 ranked financial printer for UK Main Market and Euronext IPOs and other fundraisings, and provides digital solutions for IPO investor communications. As pioneers of the virtual data room, Intralinks enables and secures the flow of information facilitating strategic initiatives such as mergers and acquisitions, capital raising and investor reporting.
“The solidification of our relationship with
Thirty five per cent of private equity managers are now committing 3 per cent or above in capital to their funds, above the equivalent proportion in each of the three prior years, according to research carried out by MJ Hudson.
Alignment, part II of MJ Hudson’s Private Equity Fund Terms Research (5th Edition), reveals that a further significant proportion of GPs are committing between 2 per cent and 2.99 per cent of total commitments to the fund, while 29 per cent of the funds surveyed have a GP commitment in this range.
Alignment”examines the key terms that impact upon the alignment
Kare Plus National Limited has received a GBP910,000 loan from MEIF Maven WM Debt Finance, part of the Midlands Engine Investment Fund.
Kare Plus delivers care and support services through residential establishments including large private hospitals, local councils and to private clients within their own homes, providing them with medical and care services. The funding package will allow the firm to expand its network of care facilities across the Midlands and also bolster its homecare services. It is also expected to create 20 new jobs.
The rapid growth of the ageing demographic in the UK is projected to be
Foresight Group (Foresight), an independent infrastructure and small cap private equity investment manager, has launched its fifth regional private equity fund, which will focus on companies in the thriving SME sector in the East of England.
Cornerstoned by the Cambridgeshire Pension Fund, the Fund will target long term value growth for investors and provide a permanent pool of capital to fund businesses in the region and beyond. The Fund breaks new ground as an evergreen pool of patient capital targeted at the small company private equity sector in the UK.
The Fund will typically invest up to GBP5 million into
Arctic Shores, a Manchester-based psychometric assessment provider, has secured a USD5.5 million Series A investment to accelerate its international expansion.
Beringea, the transatlantic venture capital investor, led the transaction with participation from existing shareholders including Candy Ventures.
Arctic Shores was founded in Manchester by Robert Newry and Safe Hammad, two serial entrepreneurs with substantial experience building technology businesses. The business provides a platform for psychometric assessments based on artificial intelligence and neuroscience – the science of which was developed and led by Lara Montefiori, Chief Scientist at Arctic Shores and an academic at University College London.
Since foundation,
Tikehau Capital, an alternative asset management and investment group, and T&D Insurance Group, a major Japanese insurance company, have agreed to enter into a business and capital alliance.
T&D Insurance Group is one of the largest life insurance groups in Japan in terms of market shares and operates three life insurance companies each deploying a unique business model with distinct target markets, sales channels and products. T&D Insurance Group also operates an asset management subsidiary, T&D Asset Management, focused on investment trust and investment advisory activities.
This agreement enables Tikehau Capital to enhance its presence in Japan, following the opening
MGB Biopharma, a biopharmaceutical company developing a new class of anti-infectives to address antibiotic resistance, has completed its latest funding round. which was supported by new and existing investors, led by Archangel Investors and including Scottish Investment Bank (the investment arm of Scottish Enterprise, Scotland’s national economic development agency), Barwell and TriCapital Investors.
The new funding will allow the company to complete all activities around its ongoing Phase IIa clinical trial with its lead antibiotic MGB-BP-3 and prepare for the next stages of its development and to progress other programmes through to H2 2020.
MGB-BP-3 is a potent bactericidal
Ropes & Gray has represented Dallas-based Ambridge Hospitality, an independent hotel management firm and a portfolio company of Advent International, in its entry into a definitive merger agreement with Interstate Hotels & Resorts, a leading independent multinational hotel operator.
The combined company will create a global leader in third-party hotel management services, and will together manage a portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries. The combined company will serve some of the world’s most respected hotel brands and will be the premier employer in the hospitality industry, with more than 60,000 employees worldwide.
O’Melveny has represented Honeywell International Inc in its equity investment in Theatro Labs, an in-store, mobile workforce communication and management solutions company.
Texas-based Theatro brings IoT, AI and workforce-optimised apps together in a “hardware-enabled” SaaS offering to provide companies in gaming, hospitality, retail, and manufacturing mobile solutions for hourly employees.
Theatro complements Honeywell’s efforts to provide deskless workers IoT-generated data and insights, and through its relationship with Honeywell’s Safety and Productivity Solutions business, equips every hourly employee with more mobile, hands-free information.
Based in North Carolina, Honeywell Ventures invests in early stage, high-growth companies around the world with disruptive technologies.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
