Managers
Roc Technologies has secured a GBP10 million investment from BGF to support its longer-term growth strategy and the acquisition of City Change Management (CCM).
Founded in 2013 by Chief Executive Matt Franklin and COO Steve Shirley, Roc provides business and technology transformation services to multinational companies and public sector organisations. The business, which is headquartered in Newbury, Berkshire achieved organic growth of more than 90 percent between 2016 and 2017.
Chelmsford-headquartered CCM provides project management services for complex business and IT transformation projects, with a focus on commercial, public, legal and higher education sectors. The company recently helped Gatwick
Oakley Capital has closed its third fund, Oakley Capital Private Equity III (Fund III), raising EUR800 million with continued strong support from existing investors and a EUR326 million commitment from Oakley Capital Investments Limited, the AIM-listed Fund established to provide investors with access to the Oakley Funds.
Oakley Capital has a highly successful 15 year track record of investing across Western Europe, with a focus on identifying investments where the firm can work proactively with founders and management teams in order to create substantial shareholder value for its investors.
Fund III, Oakley’s largest fund to date, attracted strong interest
Griffon Corporation has successfully completed its acquisition of ClosetMaid, a specialist in home storage and organisation products.
ClosetMaid is now part of Griffon’s Home and Building Products segment, which also includes Clopay Building Products and The AMES Companies.
“ClosetMaid is a terrific addition to Griffon’s Home and Building Products Segment, complementing and diversifying our portfolio of leading consumer brands and products,” says Ronald J Kramer, Griffon’s Chief Executive Officer. “We are proud to add ClosetMaid to our family of iconic brands including AMES, True Temper and Clopay, and to welcome the ClosetMaid team to Griffon.”
Effective immediately, Michael
Seedrs has closed a GBP6 million crowdfunding round adding to the GBP4 million invested last month by Woodford Investment Management, and taking the total amount raised to GBP10 million.
The fundraising round values Seedrs at GBP50 million on a fully-diluted, post-money basis.
Over 2,000 existing shareholders and new customers, from 35 countries, invested over the course of the five-day campaign. The average individual investment was GBP3,200 and the largest individual investment was GBP800,000 with the highest number of investors coming from the UK, Germany, Portugal, France and Italy.
Jeff Kelisky, Chief Executive Officer of Seedrs, says: “We are
The assets under management of investment companies domiciled in the Channel Islands have reached a record high pf GBP50.1 billion as of 31 August, according to the Association of Investment Companies (AIC).
This is the first time assets have exceeded GBP50 billion surpassing ttheeh previous record of GBP49.9 billion set on 30 June 2017.
There are 99 investment companies domiciled in the Channel Islands. Over the eight months to the end of August 2017 Channel Islands-domiciled investment companies achieved strong levels of secondary issuance raising GBP2.43 billion. This was significantly higher than the same periods in 2016 and 2015,
Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower middle market, has sold PlayCore, a North American designer, manufacturer, and marketer of a broad range of play, park, and recreation products. Terms of the deal have not been disclosed.
“We are very pleased with the excellent results PlayCore has achieved,” said Eric Bommer, a Sentinel partner. “PlayCore has successfully executed a broad range of organic growth and add-on acquisition initiatives. PlayCore’s talented management team has incorporated new brands seamlessly and accelerated growth by cross-selling, accessing new market opportunities, and capturing cost efficiencies. During our
Guernsey’s Private Investment Fund regime was launched in November last year and has so far proved to be a popular route to launch a private fund. As the regime approaches its first anniversary, Annette Alexander (pictured) of Carey Olsen, on behalf of the Guernsey Investment Fund Association, explains the PIF’s key features and the reasons behind its popularity.
Guernsey’s new Private Investment Fund (PIF) regime, launched in November 2016, has been keenly welcomed by industry participants. Aimed at circumstances where a special relationship exists between managers and investors, the new regime dispenses with any formal requirements for information
Beehive, a MENA peer to peer lending (P2P) platform, has secured USD5 million investment as part of a Series A round led by Riyad TAQNIA Fund and supported by the Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, as well as several other regional investors.
This latest fundraise brings the total raised by Beehive to USD10.5 million since its launch.
Craig Moore, Beehive Founder and CEO, says: “We’re delighted to have the support of our strategic investors in this latest round which demonstrates the appetite for investment into fintech businesses in the region and will enable
M&A specialists from Carey Olsen’s Guernsey corporate team have acted as lead legal counsel on a significant acquisition of a Guernsey financial services business.
TMF Group, a global financial and business services provider, has purchased Gentoo, an independent provider of administration services to regulated and unregulated funds and family office structures, as well as depositary and corporate and domiciliation services. Gentoo has offices in Guernsey and Luxembourg.
Gentoo will come under the umbrella of TMF Group’s private equity and real estate business offering and it is seen as a strategic purchase for the group which gives TMF Group a
Shareholders of Saxo Bank Group (Saxo), a leading multi-asset trading and financial-technology firm, have received an offer from Sampo Group, a leading Nordic financial services group, to take up a stake of 19.9 per cent of the bank.
In May 2017, it was announced that Geely Financials Denmark A/S, a subsidiary of Zhejiang Geely Holding Group Co, Ltd (“Geely Group”), had made an offer to buy 30 per cent of the shares of Saxo. Geely Group has offered to buy more shares and will thus become majority shareholder with a total of 51.5 per cent.
TPG Capital and SinarMas
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
