Allocations
TowerBrook Capital Partners is to sell Metallo Holdings 3 (Metallo), a Belgian-Spanish non-ferrous metals recycling Group, to Aurubis AG.
Metallo is a recycling and refining company with around 530 employees at its main sites in Belgium and Spain. In the fiscal year 2018, Metallo generated revenues of approximately EUR 985 million. With the transaction, Aurubis continues to actively pursue its multi-metal and recycling strategy.
The closing of the transaction is subject to clearance by the responsible merger control authorities and is expected to take place towards the end of the year. The Supervisory Board of Aurubis AG has already
Palatine Private Equity has supported the management buyout of technology-driven testing, inspection and certification (TIC) business Lucion Services.
Founded in 2003, Lucion is a multidisciplinary risk management group focused on hazardous materials, with a market-leading presence in the asbestos compliance market. Headquartered in Gateshead but with offices across the UK, the group works in close partnership with its clients to help them achieve full compliance with UK occupational safety and environmental regulations.
Operating across a range of sectors including retail, housing and marine, Lucion uses its bespoke NexGen operating software to provide an added value service to a wide
Orrick has advised Michelin on its acquisition of the Masternaut Group from majority owners Summit Partners and Fleetcor Technologies for a transaction value equal to 8x 2018 EBITA before synergies. The transaction closed on 22 May, 2019.
Founded in 1996, Masternaut is one of Europe’s largest telematics providers, operating primarily in the UK and France. Masternaut provides solutions for fleet tracking and optimisation, driver behaviour improvement and digital transformation and manages over 220,000 mostly light-utility vehicles under contract.
The Orrick team was led by London M&A and private equity partner James Connor with French law support from Paris partner
Streamline Press, a leading commercial printer specialising in lithographic, digital and large format print services, has secured GBP250,000 funding from MEIF Maven East & South East Midlands Debt Finance, managed by Maven Capital Partners.
This funding will support the implementation of Streamline Press’ profit improvement and growth strategy.
Streamline Press is a leading commercial printing company with a diverse range of services split across two sites in Leicester. The company produces lithographic, digital and large format print, with extensive in-house print finishing and mailing capabilities, enabling it to help its customers get the most from their print budgets. From short run
Private equity firm LDC is to sell fast-growing holiday park operator, Away Resorts, to Bregal Freshstream. LDC, part of Lloyds Banking Group, will retain a minority shareholding as part of the deal.
Founded 10 years ago by leisure entrepreneur Carl Castledine, Away Resorts now operates six leading resorts in prime UK destinations, including Tattershall Lakes in Lincolnshire and Whitecliff Bay on the Isle of Wight, hosting almost 200,000 holiday-makers each year.
LDC invested in Away Resorts in 2015 to support the management team’s expansion plans and the development of its existing sites. The business subsequently acquired Mersea Island Holiday
Fountain Healthcare Partners (Fountain) has held the initial closing of its third fund, Fountain Healthcare Partners Fund III (Fund III) with EUR118 million of committed capital, exceeding its initial target raise of EUR100 million.
Fund III is a dedicated life science venture capital (VC) fund and brings Fountain’s total capital under management to EUR294 million. Within the life science sector, Fund III will primarily focus on specialty pharmaceuticals, biotechnology and medical devices.
Fountain will invest a majority of the capital in Fund III within Europe but expects to also make investments in the US market. Fund III is expected to
IW Capital – a debt, equity and EIS investment specialist based in the heart of Mayfair – has closed its first secured debt fund. The GBP2.0million Fund is the first in a series of diversified investment vehicles that IW Capital has launched over the past few months.
With the close of this first senior debt fund, IWC has now raised circa GBP10 million to support SME Funding.
The Fund will operate for three years, with a 12-month run-off period, and will aim to pay investors a minimum return of 7.0 per cent per annum. If returns have exceeded this level at the end of the Fund’s
Private equity firm The Riverside Company has merged Montage, a solution to engage, interview and hire candidates, with Shaker International, a provider of predictive talent intelligence and assessment software solutions.
The combined company will help its client base, including hundreds of prominent global brands and 47 of the Fortune 100, transform talent acquisition by embedding predictive intelligence into automated hiring workflows that enable better candidate experiences and smarter hiring decisions.
The company will be led by Kurt Heikkinen from Montage as CEO, Brian Stern from Shaker International as President and a leadership team comprised of executives from both companies. All
Building on the acquisition of property finance firm Titlestone, Paragon’s development finance business has led the way for new lending within the specialist lender’s Commercial Lending division.
Paragon’s half year results announced show Commercial Lending has seen strong business growth as it focuses on helping British SMEs gain access to funding.
Across Commercial lending, which includes development finance, asset finance, motor finance and structured lending, lending increased by 69 per cent to GBP455 million and there was a three-fold increase in underlying profits to GBP20 million.
Within the division, development finance showed the strongest performance with new lending increasing four-fold
Private equity firm OpenGate Capital has acquired SMAC, a global manufacturer of waterproofing and building envelope solutions, from Colas Group. Financial terms of the deal have not been disclosed.
SMAC operates across two divisions: Travaux and Industrie. SMAC Travaux specialises in waterproofing solutions typically utilized on flat roofs structures and facades. SMAC Industrie manufactures bituminous membranes, skylights and resins. As one of the largest players in the segment, SMAC has a dedicated service and maintenance business, SMAC Assistance Service, and Essemes Services, focused on fire safety maintenance. SMAC is headquartered in Issy-les-Moulineaux and has operations across France, Morocco, and South
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
