Managers
Lawyers from Carey Olsen’s corporate team in Jersey have advised the ad-hoc group of secured creditors of Concordia International Corp, a publicly listed international generics pharmaceuticals business with sales in more than 90 countries, on its USD3.7 billion recapitalisation.
The recapitalisation, which was implemented by way of a court-approved plan of arrangement in Canada, reduces Concordia’s total debt from around USD3.7 billion to about USD1.4 billion and allows it to benefit from USD586.5 million of new money raised through a private placement share sale, which will also enable it to execute its future long-term value creation strategy.
Working alongside
Palatine Private Equity has made the third investment from its Impact Fund by acquiring a sizeable stake in Estio Training, a provider of IT, digital and technology apprenticeships.
The Leeds-based business offers 10 different apprenticeship programmes, including Data Analyst, Infrastructure Technician and Software Developer roles. Across its Leeds, Manchester and London sites, it currently has over 750 apprentices on programme.
Estio has developed a strong client base consisting of some of the UK’s biggest companies, including the likes of Santander, Asda and The Cooperative Group. It has also secured contracts with numerous NHS Trusts and Local Authority bodies throughout
The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia, and a consortium of sovereign wealth funds (among them the Russia-Japan Investment Fund, launched by RDIF and the Japan Bank for International Cooperation (JBIC)) lead by RDIF, have invested in WayRay, a specialist in holographic AR displays for cars.
Hyundai Motor, Alibaba Group, China Merchants Capital and JVCKENWOOD have also invested in the project, with Porsche acting as the lead investor. The funds raised, which total USD80 million, will bolster the company’s focus on R&D, industrialisation and team expansion to become a supplier of holographic AR solutions for car manufacturers.
Since its
AlphaNetworks, a blockchain-powered entertainment platform supported by industry-leading AI and cognitive science, has closed USD10 million in an initial funding round led by Alphabit Digital Currency Fund and joined by Shuttle Fund of Korea, Smart Contract of Japan and other crypto investors.
The announcement was made as part of AlphaNetworks’ appearance on the closing keynote panel of the International Broadcasting Conference in Amsterdam, the premier annual event for broadcast professionals worldwide.
AlphaNetworks is led by two-time Emmy winner, former Television Academy Governor and media consultant, Seth Shapiro. As Head of Production at DIRECTV Advanced Services, he launched over
Apposite Capital, a private equity firm with an exclusive focus on healthcare, has acquired Prime Health Diagnostics Limited (Prime Health).
This follows Apposite’s investments in Medical Imaging Partnership in 2016 and Medical Imaging Partnership’s subsequent acquisition of the specialist imaging activities of Nuada Medical (now Medical Imaging London) in central London in 2017.
Prime Health operates a diagnostic, treatment and fitness facility in Weybridge, Surrey offering a diverse range of clinical services supported by cutting edge technology. This includes an advanced 3T MRI scanner, digital X-ray and ultrasound.
As a well-established business in Surrey/West of London, Prime
Center Rock Capital Partners (Center Rock) has invested in LINC Systems (LINC), a North American distributor of fastener, packaging and MRO tools and supplies serving a broad range of industrial customers and end markets.
Center Rock invested in LINC out of its inaugural investment vehicle, Center Rock Capital Partners Fund I, LP, to support LINC’s continued expansion and pursuit of growth opportunities.
Center Rock is partnering with LINC founder and President, Ted Azar, who will continue to lead the Company. Headquartered in Westfield, Indiana, LINC provides industrial fastening solutions, packaging and MRO supplies to a broad base of customers
Hillhouse Capital has held the closing of Hillhouse Fund IV, which was heavily oversubscribed with aggregate capital commitments of USD10.6 billion.
From partnering with visionary founders at company inception, to undertaking buyouts of iconic brands, the flexibility of Hillhouse’s mandate enables it to be highly selective in choosing investments. Hillhouse Fund IV will pursue opportunities across the healthcare, consumer, technology and services sectors globally, with a focus on Asia. With the new fund, Hillhouse will continue to work closely with entrepreneurs and management teams in pursuit of sustainable, long-term growth.
In its private equity investments, Fund IV will implement
LA-based private equity firm Westhook Capital (Westhook) has made an investment in Metco Landscape (Metco), a provider of landscaping installation and maintenance services in Colorado.
The Company will continue to be led by Mark Tomko, who will remain in his position as CEO immediately following the Transaction. Metco ranks No28 in Lawn & Landscape Magazine’s Top 100. Its services include the design, installation and maintenance of commercial landscape across the Front Range of Colorado. The Company operates out of its headquarters in Aurora, Colorado with two additional branches around Denver and one in Colorado Springs.
Tomko, founder and CEO
Harbert European Growth Capital (HEGCF) has held the final close of its second fund (Fund II) at EUR215 million, a substantial increase over Harbert European Growth Capital Fund I.
HEGCF, which provides debt capital to fund growth opportunities across technology, life science and other innovative sectors, attracted significant institutional capital, as well as numerous family office investors.
“We are grateful for the support and trust that our existing and new investors have placed in us,” says David Bateman, Senior Managing Director and co-head of HEGCF.
“The market opportunity remains strong with many companies across Europe seeking expansion funding
Optoscribe, a supplier of glass-based integrated photonics components, has closed an investment round of GBP2.8 million led by Scottish business angel investment syndicate, Archangels, and also supported by its other existing investors, Par Equity, Scottish Investment Bank and the Optoscribe management team.
Previous investors were joined in this round by UK private equity manager Maven Capital Partners.
The funding will facilitate an expansion of current manufacturing capacity, the hiring of key engineering resource and allow the business to meet the demands of a growing customer base.
Optoscribe’s innovative and proprietary laser direct-write technology produces optical components at a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
