Managers
Crown Capital Partners, a provider of growth capital to mid-market companies, has completed a USD50 million closing for Crown Capital Fund IV, bringing the current total capital committed to the fund to USD175 million.
To date, USD110 million has been invested by the fund in six transactions.
"This upsizing deepens our relationships with our institutional limited partners and is a clear testament to the quality of our growing portfolio," says Chris Johnson, Crown's president and CEO. "We continue to deliver on our key milestones. We have completed three transactions since November 2016, adding USD60 million of new investments into
European financial services private equity firm AnaCap Financial Partners is to acquire a controlling stake in Heidelpay, a German online payment service provider (PSP).
As part of the transaction, the co-founders and existing management will retain a minority stake in the business.
Founded in 2003, Heidelpay is a full-service PSP that facilitates payment acceptance on behalf of online merchants. The platform is 100 per cent proprietary, serving more than 14,500 primarily online businesses across the DACH and Benelux regions, and processes transactions across more than 200 payment methods, covering online, mobile and point-of-sale channels.
Heidelpay operates in a
Houston-based private equity firm Rock Hill Capital Group has held the final closing of Rock Hill Capital III, with USD150.6 million in capital commitments.
Rock Hill Capital III commitments exceed its previous funds, Rock Hill Capital II, a 2013 vintage fund with USD87.7 million in commitments and Rock Hill Capital I, a 2008 vintage fund with USD48.8 million in commitments.
Rock Hill Capital III will continue to pursue a similar investment strategy, focusing on buyouts and recapitalisations of industrial products and service companies.
Since inception, Rock Hill has invested in 15 operating companies. These investments include businesses operating
DataBank, a Digital Bridge portfolio company, is to acquire C7 Data Centers, a data centre service provider in the Salt Lake City market.
C7 currently operates three, highly interconnected data centres in the region, including the primary carrier hotel in downtown Salt Lake City, and has a large established customer base of enterprise, carriers, content providers and cloud services providers.
The acquisition complements DataBank’s existing portfolio in Minneapolis, MN, Kansas City, KS, and Dallas, TX.
The market in Salt Lake City has experienced significant growth as a data centre destination for west coast enterprises due to its network
InTandem Capital Partners, a healthcare services focused private equity firm, has acquired South Florida-based Cano Health and Comfort Health, both of which will operate under the Cano Health brand.
InTandem Capital’s goal is to create a regional consolidator in primary care committed to clinical excellence and efficient operation that caters to all demographics.
Cano Health is a rapidly growing operator of “Primary Care Plus” healthcare centres focused on improving the lives of individuals, families and communities. In addition to primary medical care, Cano Health has specialty programmes in the fields of venous medicine, arthritis, allergy and weight loss. Cano Health
CVC Capital Partners (CVC) has agreed to sell Leslie’s Holdings, an omni-channel pool supplies retailer in the US, to L Catterton and an affiliate of GIC.
The transaction is subject to standard regulatory approvals, and financial details of the transaction have not been disclosed.
Founded in 1963, Leslie’s is the world’s largest retailer of swimming pool supplies and related products.
Funds advised by CVC made an investment in Leslie’s in September 2010. During CVC’s ownership period, Leslie’s has grown its store base from 645 to nearly 900 locations and completed six acquisitions that have expanded the company’s geographic
Independent Growth Finance (IGF), a commercial finance provider for SMEs, has provided a GBP3 million confidential invoice discounting facility to oil and gas exploration consultancy firm, EPI Group.
This facility enables EPI to implement its diversification strategy into new services alongside its continuing geographical expansion.
EPI has 30 years’ experience in delivering exploration and production consultancy services to the oil and gas industry, supporting clients with their seismic surveys, environmental projects and wellsite operations. Headquartered in the UK, it has offices in the US, Australia, Russia, France, Ghana and South America.
Through the recent acquisition of geoscience consultancy,
The team behind alternative investments platform CoInvestor have launched an online service, EISWallet.com, allowing investors and their financial advisers to record and manage all of their Enterprise Investment Scheme (EIS) and unlisted investments digitally.
The service, which is free to use and currently in beta phase, aims to take the hassle out of managing income tax relief as well as any capital gains implications from investing in EIS and other unlisted investments.
Instead of trawling through paperwork as the self-assessment tax return looms, investors can store details of their investments and upload share and EIS certificates to their EIS
Law firm Howard Kennedy has reaffirmed its market leading position in the UK venture capital trust (VCT) market, acting for 14 of the 18 VCTs coming to market in the 2016/17 financial year.
The 14 funds advised by the firm are collectively seeking to raise GBP309 million, with all 18 funds seeking to raise GBP398 million.
Howard Kennedy remains the only English law firm to be able to act as both sponsor and legal adviser to VCTs through its wholly owned FCA authorised subsidiary, Howard Kennedy Corporate Services. The firm has over the past five years acted for 80 per
Quercus Assets Selection’s Quercus Renewable Energy Fund has completed the sale of its stake in ForVEI, a joint venture comprising Quercus Renewable Energy, VEI Capital, Foresight Solar VCT and Adenium Solar Energy.
ForVEI operates in the private equity, infrastructure and energy sectors in Italy.
Quercus initially invested EUR8 million in ForVEI in 2011, and at the time of its disposal late in December 2016, owned a stake close to 10 per cent in the joint venture. The sale generated an IRR of higher than 9 per cent for Quercus and it represents the first disposal by the Quercus Renewable
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
