Managers
AnaCap Financial Partners (AnaCap), the specialist European financial services private equity firm has competed an offering by AnaCap Financial Europe SA SICAV-RAIF (AFE) of EUR325 million of senior secured floating rate notes due 2024.
The offering took place through the new Luxembourg Reserved Alternative Investment Fund, AFE, building on AnaCap’s long track record investing in portfolios of performing and non-performing debt across Europe.
Justin Sulger (pictured), Head of Credit Investments at AnaCap Financial Partners LLP says: “AnaCap has been able to complete this transaction thanks to its long-standing track record in the European debt purchase sector. Another valuable component
Promise Gluten Free, an innovative bakery which entered the gluten free market in 2012, has sold a majority stake to Mayfair Equity Partners (Mayfair).
Promise, based in Donegal, Ireland and founded in 2011, is a group of companies comprising Aran Ard Teoranta (trading as Gallagher’s Bakery) and Cuisine Royale Manufacturing Ltd. Promise has experienced rapid growth domestically in Ireland and internationally in markets including the UK, US and Australia under its retail brands: ‘Promise Gluten Free’ and ‘PureBred Gluten Free’. Promise mixes the best natural ingredients using a unique process to deliver baked goods with unparalleled nutritional value and award-winning
OMERS Private Equity has agreed to sell Civica to funds managed and/or advised by Partners Group, the global private markets investment manager, for a total consideration of GBP1,055 million, generating a 2.6x money multiple for OMERS.
Civica is a leading provider of business-critical software, digital solutions and technology-based outsourcing services to both public sector organisations and to commercial organisations in highly regulated sectors, in the UK and around the world. It has extensive capabilities and presence across local and central government, social housing, healthcare, education and public safety. The Company employs approximately 3,700 employees, around 75 per cent of
Ridge Road Capital Partners has completed the merger of legal software companies TrialWorks and Needles. Between them, the companies have a combined 55 years of operating history and over 2,500 law firm clients.
The combination of TrialWorks and Needles creates the leader in case management software for plaintiff-focused law firms, with a network of nearly 40,000 active users. The company will leverage the resources of both companies, as well as Ridge Road’s development partnerships, to accelerate product innovation and maintain best-in-class customer service and training. Ridge Road is committed to continuity for customers of both Needles and TrialWorks and to
Oak Hill Capital Partners (Oak Hill) has successfully closed Oak Hill Capital Partners IV (Fund IV), a USD2.65 billion private equity buyout fund.
The fund was significantly oversubscribed, surpassing its target of USD2.0 billion and its hard cap of USD2.5 billion.
Oak Hill will continue its 30-year history of successful private equity investing with Fund IV, leveraging its experienced team, longstanding theme-based investment philosophy, and systematic approach to value creation. Consistent with Oak Hill’s core philosophy of partnership through alignment of interests, the General Partner will remain the largest investor in Fund IV, with a USD300 million commitment.
Castlelake has completed the first and final closing of its fifth general purpose fund, Castlelake V at its hard cap of USD2.4 billion in capital commitments after four months of marketing.
The fund’s investor base consists of both existing and new Castlelake limited partners based in the US, Canada, Europe, Middle East and Asia.
“The formation of Castlelake V is a testament to the credibility of our investment strategy and the Castlelake team’s track record of identifying an opportunity set that spans sectors and cycles,” says Rory O’Neill, managing partner and CEO of Castlelake. “We are grateful to our
Middle-market private equity firm Pamlico Capital (Pamlico) has closed the previously announced sale of its portfolio company Dexter & Chaney (Dexter + Chaney) to Viewpoint Construction Software (Viewpoint). Terms of the transaction have not been disclosed.
Headquartered in Seattle, Washington and founded in 1981, Dexter + Chaney is a provider of financial and operational management software for construction contractors. The Company’s product, Spectrum Construction Software, is used by more than 1,100 contractors. Pamlico acquired Dexter + Chaney in partnership with management in December 2014. Since that time, Pamlico has helped recruit a new management team, adding senior executives including Brian
ArchOver, a peer-to-peer (P2P) business lending platform, has become a member of UK Finance, the newly created trade body for financial organisations in the UK.
Following its acceptance into the Asset-Based Finance Association (ABFA) last month, ArchOver will represent the interests of peer-to-peer lenders in the new group.
UK Finance will combine six financial trade bodies, including the British Bankers Association, Payments UK and the ABFA, and will act as a united voice lobbying government on standards in the financial sector. ArchOver is committed to a highly secure model of lending, with its Secured & Insured and Secured &
An investment partnership advised by Permira is to acquire a strategic equity stake in Klarna Bank AB which currently serves 60 million consumers and 70,000 merchants.
Permira is a global investment firm which advises funds and accounts with a total committed capital of circa EUR32 billion. Permira focuses on identifying companies for long-term investment, combining local knowledge and global expertise to help them grow sustainably and realise their full potential.
The investment partnership will acquire shares from existing shareholders General Atlantic, DST Global and Niklas Adalberth, upon receipt of approval from the Swedish Financial Supervisory Authority (Finansinspektionen). As a
Luke McDougall, Leveraged Finance Partner at Paul Hastings comments on the news that leveraged finance issued so far this year in Europe, the Middle East and Africa (EMEA) has already surpassed last year’s total, reaching a record USD143 billion in the first half of 2017, which is nearly 8 per cent higher than in the whole of 2016…
The auction pipeline for the second half of the year is looking good. The activity level we have seen on the buy side, including on CLO formation, indicates this strong demand will continue.
However, the incoming European leveraged lending guidelines
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
