Managers
Clayton, Dubilier & Rice and CareCapital Advisors Limited, a specialist investment platform focused on dental and consumer health in Asia and part of Hillhouse Capital Management, are to acquire Carestream’s dental digital business (Carestream Dental).
Carestream Dental is a leading developer, manufacturer and marketer of imaging systems and practice management software for general and specialist dental offices globally. CD&R-managed funds will invest 75 per cent of the equity in the transaction, while Hillhouse/CareCapital affiliates will provide 25 per cent. Additional terms of the transaction were not disclosed.
Carestream Dental is a leading provider of dental technology with a portfolio of
NorthEdge Capital has completed the sale of its chemicals manufacturer Fine Industries to Chinese-listed life sciences company Lianhe Chemical Technology.
The transaction is NorthEdge’s fourth exit following the sale of Sumo Digital and IPOs of Accrol Group and Ramsdens Financial, and represents a 2.5x return on investment for NorthEdge Capital Fund I.
Shenzhen-listed Lianhetech has a market cap of approximately USD2 billion and revenues in excess of USD600 million across seven chemical production sites, two machinery production sites and two R&D centres in China.
Based in Middlesbrough, Fine Industries will become Lianhetech’s European base, allowing the organisation to
Independent Growth Finance (IGF), a commercial finance provider for SMEs, has reported a 273 per cent increase in funds out since its management buy in/buy out in March 2016, with a total of GBP47.3 million delivered to businesses across the UK.
The business now has a nationwide presence following the opening of five new regional bases and 22 new hires.
John Onslow, CEO, Independent Growth Finance, says: “It has been a fantastic year for the IGF team who have worked hard to deliver the financial support that our clients want. These results demonstrate the growing appetite for alternative finance
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the 50-50 joint venture of Gas Station TV (GSTV) and Verifone Pump Media.
GSTV is owned by Rockbridge Growth Equity and Falcon Investment Advisors.
Based in Detroit, Michigan, GSTV is the largest national video network reaching active consumers. The company delivers one-on-one exposure to hundreds of millions of viewers every month at the nation’s leading gas stations across the US.
Verifone Pump Media is a subsidiary of Verifone, a world leader in payments and commerce solutions. The
Blockchain specialist nChain and a group of affiliated companies have been acquired by high tech private equity fund SICAV, an EU regulated investment fund managed by Accuro Fund Solutions.
nChain specialises in research and development of blockchain technologies – a distributed, decentralised ledger that chronologically records transactions in an immutable way.
The nChain group of companies has grown to a team of in excess of 60 scientific research, engineering and other professionals primarily based in London, UK and Vancouver, Canada.
The acquisition will assist nChain to continue the growth of its research activities and advance its mission to accelerate blockchain
Federal Way Asset Management, an investment management firm offering both alternatives management and fiduciary management services with approximately USD5.6 billion in assets, including USD3.7 billion on a discretionary basis, has changed its name to Aptitude Investment Management.
“Since becoming an independent firm five years ago, we have sought to provide our clients with deep alternatives investing expertise and intelligent solutions in order to generate superior, long-term, risk-adjusted returns,” says Jeffrey Klein, chief executive officer of Aptitude.
“Our new name, Aptitude, reflects the talent and skills that we seek in the managers in which we invest, strengthening our ongoing commitment
Ontario Teachers’ Pension Plan has become the majority shareholder of French funeral services provider OGF through the acquisition of a 33 per cent stake in the business from Pamplona, bringing its total shareholding to 74 per cent.
Pamplona and the OGF management team retain a 20 per cent and 6 per cent shareholding respectively.
Pamplona acquired OGF in October 2013, and in the second half of 2015 it sold a 41 per cent stake in OGF to Ontario Teachers'.
The transaction has received all necessary approvals and is effective as of 12 April, 2017. Terms of the transaction
LBO France has entered into exclusive negotiations with Sagard for the acquisition of HMY Group, an international company specialising in the design, manufacturing and fitting of retail furniture.
Created in 1960, HMY offers a wide range of furniture (shelving systems, checkouts and bespoke) and provides its clients with integrated service solutions, from conception to their installation in the shop.
HMY’s clients range from the top food retailers to the leading specialised retailers, which include DIY, gardening, fashion or electric appliance chains. The group has diversified in offering POS fittings for international consumer brands.
Active in almost 80 countries,
Catapult’s portfolio business Hangar Seven, a marketing services agency specialising in content creation, has been acquired by The Hut Group, delivering a three-times cash return for the Catapult Growth Fund.
Catapult invested in Hangar Seven in September 2011 to support its plans for growth.
Hangar Seven has become a leader in the planning, creation, production and distribution of powerful content that changes consumer opinion, stimulates consumer interaction and drives retail footfall and sales. Its clients include, DFS, B&Q, Boots, Tesco, Diageo and Unilever.
Private equity backed The Hut Group is a global leader in health, beauty, fitness and
BIP Capital has merged with Accelerant Venture Capital.
Paul Iaffaldano, founder and managing partner of Accelerant, will join BIP Capital as managing director and will help lead the growth of the firm's venture technology companies.
Mark Buffington, who previously held the managing director title, has been promoted to CEO.
BIP Capital has raised four funds and invested nearly USD200 million since its founding a decade ago, with almost 80 per cent of its current investments based in Georgia and the metro Atlanta area. Its portfolio spans more than 25 early-stage and growth companies, including such local names as
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
