Managers
Chelverton Asset Management Limited (Chelverton), a specialist investor in sub-FTSE 100 quoted equities and unquoted SMEs, has completed its first realisation of 2018 on behalf of its Investor Club.
Crawley-based Tufwell Glass Limited (Tufwell) has been sold to Brownhills Investments Limited – the holding company for Midlands-based Brownhills Glass and North East-based Peterlee Glass – for an undisclosed sum. Launched in 2013, Tufwell became the Chelverton Investor Club’s first acquisition in 2014.
Tufwell has grown consistently under the Investor Club ownership and the leadership of Managing Director, Andrew Maslin. Brownhills was a minority shareholder alongside Chelverton at the time
Global investment manager AMP Capital has agreed to acquire 49 per cent of London Luton Airport from Ardian on behalf of investors in its Global Infrastructure Equity strategy.
London Luton Airport (London Luton) is the fifth-largest UK airport, serving 15.8 million passengers in 2017, and the fastest-growing airport in the high-demand London market.
The airport is operated under a concession agreement with Luton Borough Council. The remaining 51 per cent of the concession is owned by Spanish airports operator Aena SME, SA (Aena).
London Luton is undergoing a transformational investment plan, on track for completion this year, which
Verdane Capital IX has closed the acquisition of a three-company portfolio from Germany-based Bauer Media Group.
The acquired portfolio consists of the three companies: navabi, CareerFoundry and Kyto, with Verdane Capital IX having taken over all of Bauer Media Group’s shares in the companies. Verdane Capital IX, a well-known investor in the fast-growing software and e-commerce space, will work actively to continue the three companies’ profitable growth and further expansion into new markets.
“We continue to see major opportunities in a maturing German market to employ our expertise and experience of working in the Nordic ecosystem. This acquisition is
DOB Equity, a leading Dutch family-backed impact investor, has completed its first investment in Rwanda, in grain trading company Sarura Commodities.
DOB Equity’s investment means the company is now present in all five East African countries.
Sarura Commodities links smallholder farmers to reliable input and service providers to increase grain quality and farmer productivity. It also supports farmers by providing training on post-harvest management.
DOB Equity’s investment will allow Sarura to strengthen its storage infrastructure, support its sourcing platform and scale up its operations in Rwanda’s niche premium grain market.
Since its establishment in 2012, Sarura Commodities
Mike Amey, PIMCO’s head of sterling portfolio management and ESG strategies on the challenges facing the Bank of England…
The Bank of England has had to navigate a difficult set of circumstances in its attempts to raise interest rates. As far back as 2014, Governor Mark Carney suggested that rate rises could come “sooner than markets currently expect,” only for those aspirations to be dashed. Indeed, the next move in interest rates turned out to be a rate cut, in the aftermath of the June 2016 Brexit vote.
Then, after a carefully choreographed set of speeches indicating the time had finally
Inflexion Private Equity has created Comparison Technologies, a multi-channel price comparison enabler in home services (energy, broadband, TV and telephone), through the simultaneous buyouts of Energy Helpline (EHL) and UK Web Media (UKWM).
Founded in 2002, EHL is a price comparison tool for the electricity and gas sectors. It operates in both the direct and affiliate channels via on and off-line customer conversion. Founded in 2001, UKWM is a marketing solutions and price comparison business. The business operates a number of price comparison websites which help customers to compare and switch a range of home services focused on TV and
The Primal Pantry, a specialist in healthy snacks, has landed a GBP3 million investment from NVM Private Equity for a minority stake in the brand.
Primal Pantry says it is creating a ‘real food revolution’ with its range of natural award winning snack bars, which are made with only a handful of carefully selected ingredients. The company has also launched a new and enhanced range of protein bars, which, rather than relying on whey, contain 15g of plant based protein instead. Included in their latest brand extension is a Double Espresso High Protein Bar, which, in addition to 15g of
Ropes & Gray has advised Nordic Capital, a leading private equity investor in the Nordic region, on the closing of its milestone EUR2.5 billion continuation vehicle for its seventh fund.
The innovative secondary transaction is the world’s largest ever GP-led secondaries deal. Ropes & Gray advised Nordic Capital alongside Kirkland & Ellis and Carey Olsen.
The transaction involved the transfer of nine unlisted portfolio companies, with a combined enterprise value of EUR4.4 billion, from Nordic Capital’s 2008 vintage fund, Fund VII, into a new vehicle, Nordic Capital CV1. The transaction provides Nordic Capital Fund VII portfolio companies with the opportunity
Natterbox has secured significant Series A funding from Octopus Investments to continue its rapid growth.
Self-funded to date by its founders, Natterbox has always heavily invested in product development and evolving its service offering. Natterbox says the new injection will boost marketing and sales, helping to further improve customer service which customers such as Groupon and Legal & General rely on. It will fuel growth within existing geographies – UK, Germany and Australia – as well as moving into new territories including North America and the Nordics.
Natterbox chose to partner with Octopus Investments based on its track record
Macfarlanes has advised venture capital investor Dawn Capital on the raising of its third fund, Dawn III, which after increasing its hard cap twice, attracted commitments of GBP165 million, making it one of the largest venture capital funds raised in Europe in the last couple of years.
The fund which focuses on early-stage investment in fintech and Software as a Service (SaaS) businesses secured investments from UK, European and US institutional investors and notably the European Investment Fund (EIF).
The Macfarlanes team for this matter was led by investment management partner Stephen Robinson with assistance from solicitor Sweta Tandle.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
