Allocations
AMN Healthcare Services, a specialist in healthcare workforce solutions and staffing services, is to acquire Advanced Medical Personnel Services, Ia portfolio company of Clearview Capital.
The purchase price is USD200 million, with up to an additional USD20 million to be paid based on Advanced’s 2019 financial performance. The acquisition is structured to allow AMN to realise tax benefits with an estimated net present value of USD8 million and is expected to be immediately accretive to AMN’s adjusted earnings per share.
Advanced is an innovative healthcare staffing company that specialises in placing therapists and nurses in contract positions across multiple
International private equity firm Cinven has closes its seventh fund at its hard cap of EUR10 billion.
The fund, which reached its hard cap in less than four months and was oversubscribed, follows a successful fundraising for the sixth Cinven fund, which reached its hard cap of EUR7 billion in four months in 2016.
Fund seven attracted significant support from longstanding investors, with a very high re-up rate. The diversified investor base comprises more than 180 investors representing more than 30 countries globally.
Cinven targets companies in which it can drive strategic growth and operational improvement, both in Europe and globally.
British Business Investments, a commercial subsidiary of the British Business Bank, has committed GBP50 million to BOOST&Co’s second fund, Industrial Lending II.
BOOST&Co is an independent asset manager specialising in lending solutions for high-growth SMEs in the UK. It offers growth capital and venture debt of GBP2 million to GBP10 million to businesses in all sectors, with a focus on software, business services, fintech and cleantech, helping these businesses to deliver on their growth ambitions.
In 2019, BOOST&Co opened regional offices in Manchester and Bristol, with plans to open an office in Cambridge later this year. This regional expansion
Axiata Digital (AD), the digital services arm of Axiata Group (Axiata), is to sell its Digital Ventures portfolio for USD140 million to Singapore-based investment fund Pegasus 7 Ventures.
The sale consists of ownership stakes in category-leading digital businesses such as India’s largest rural commerce platform, StoreKing, and global micro-insurance company, BIMA. Pegasus which is managed by Gordian Capital, will aim to drive the growth of the portfolio under the leadership of Gautam Saxena, an investment banker and former Head of Asia Telecom and Media with Bank of America Merrill Lynch.
The Ventures portfolio is largely focused on companies that seek
Phoenix Equity Partners has reached an agreement with Souter Investments (Souter) and Manfield Partners (Manfield) to acquire a majority stake in Mobius Life, an independent provider of investment administration services to UK pension schemes.
Phoenix will invest alongside the current management team, led by CEO Adrian Swales. Equity for the transaction, which remains subject to necessary regulatory approvals, will come from Phoenix’s 2016 Fund. Terms of the transaction have not been disclosed.
Mobius Life provides investment administration services, via a UK life insurance structure, to UK defined benefit and defined contribution pension schemes to help them implement their investment strategies
Broadstone, a UK-based employee benefits and pensions consulting businesses backed by private equity firm Livingbridge, has acquired Glasgow-based Thomson Dickson Consulting (TDC) to support its growth across consulting and actuarial.
The business is owned and managed by actuaries Ann Marie Dickson and Andy Thomson who, along with all of the company’s employees, will remain with the firm post-acquisition in its Glasgow offices.
TDC provides actuarial consultancy, scheme administration, and governance services to trustees and sponsoring employers of occupational pension schemes. The company was established in 2002 with an almost exclusive focus on providing high quality and cost-effective services to employers
Walter Global Asset Management (Walter) has become a minority shareholder in LionGuard Capital Management (LionGuard), an asset management firm that specialises in fundamental research on small and medium capitalisation companies.
This is Walter’s first investment since forming in late 2018, and its new commitment includes direct allocations toward LionGuard-managed funds via parent company Walter Financial. Through this partnership, LionGuard is poised for growth and will expand its teams across research, operations, and client-servicing divisions.
“Partnering with Walter Global Asset Management and, in particular, Sylvain Brosseau, who brings an outstanding reputation in the industry, enables us to rapidly grow LionGuard, bringing us
Inflexion Private Equity Partners (Inflexion) has held the final close of Inflexion Enterprise Fund V and Inflexion Supplemental Fund V, securing commitments at their hard cap of GBP400 million and GBP600 million respectively.
Raised exclusively from Inflexion’s existing LP base of blue-chip investors from across Europe, the US and Asia, both Funds were oversubscribed and closed at their respective hard caps in under 10 weeks. The investors committing to the Funds comprise leading institutional investors, including state and corporate pension funds, insurance companies and sovereign wealth funds. In keeping with previous fundraisings, Inflexion closed both Funds on schedule and without
Challenge Group – a logistics recruitment and distribution company – backed by Praetura, has acquired TRG Logistics to form one of the largest independent providers of HGV drivers and warehouse staff in the UK.
The undisclosed deal will see the two companies merge to become Challenge TRG Group, with current TRG CEO, Nick Gordon, and TRG MD, Steve Imber, continuing in their roles, as well as becoming shareholders in the newly-formed business.
Challenge TRG Group, which will have a combined turnover of GBP120 million, will collectively employ around 4,000 temporary workers and 150 permanent employees, and will continue to
Offshore law firm Mourant has advised Brazilian private equity firm IG4 Capital in connection with their agreement with Alberta Investment Management Corporation to inject USD107.26 million in the Brazilian water service holding company Iguá Saneamento SA through the investment vehicles and funds managed by IG4.
The proceeds will be used to finance capital expenditures in Iguá’s 18 existing concessions and public-private partnerships in five Brazilian states.
Mourant LP Partner Alistair Horn led Mourant’s advice in connection with the matter and was supported by Senior Associate Alex Henderson.
Horn says: “It’s fantastic to work alongside a firm like IG4 Capital and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
