Managers
Lower middle-market private equity firm Blue Sage Capital has completed its acquisition of Magnum Systems.
Headquartered in Kansas City, with an additional manufacturing facility in Parsons, Kansas, Magnum, through its Taylor Products and Smoot brands, is a designer and manufacturer of branded packaging and material handling solutions.
The company’s products are designed to handle free-flowing materials that are difficult to package or convey in all types of manufacturing environments.
President and CEO of Magnum, Travis Wallace, says: “The Magnum management team is thrilled to partner with Blue Sage as we seek to lead the company into its next
In the first half of 2016, French private equity firms invested EUR5.5 billion to support and accelerate company growth projects, according to data released by the Association Française des Investisseurs pour la Croissance (AFIC).
This figure is up 47 per cent relative to the first half of 2015 and is above the 2006-2008 annual average.
For the first time in a six-month period, AFIC members surpassed the threshold of 1,000 companies receiving investments (1,040 in H1 2016). The geographic allocation of these investments was largely stable, with more than 80 per cent (84 per cent this half) based in
Russian Direct Investment Fund (RDIF) portfolio company Nord Hydro-Beliy Porog has broken ground on the construction of small hydropower plants on the river Kem in Karelia, Northwest Russia.
The breaking ground ceremony was held in the presence of the Head of the Republic of Karelia Alexander Khudilainen, RDIF executives and its international partners Sinomec, the New Development Bank (NDB) founded by the BRICS countries, and other organisations involved in the project.
The construction of two Beloporozhskaya hydro power plants with a total capacity of 49.8 MW is the NDB’s first project in Russia. As of today, it is the
TLT has advised the management team at M247, an internet infrastructure and IT company, on its sale to network services provider Metronet (UK).
Following the acquisition of M247, Metronet (UK) will be able to offer a combined portfolio of connectivity and content services including wireless network services, datacentres and managed hosting solutions across the UK and Europe.
The combined business will have EBITDA in excess of GBP12 million, over 200 staff, three data centres and over 13,000 customers.
The TLT team included corporate partners Stephen Devlin and Ian Roberts and corporate legal director Elizabeth Delaney. Signia Corporate Finance
Renewable energy underwriter GCube Insurance Services now provides coverage for over 4GW of Canadian wind assets.
This figure is expected to increase in the coming months with the strong construction pipeline for new wind infrastructure in the country.
As of last year, and following the installation of a further 36 new wind energy projects, Canada sits seventh in the world in terms of total installed capacity. At just under 12 GW, wind energy currently caters for approximately 5 per cent of Canada’s electricity demands. However, the country has a long-term aim to reach a capacity of 55 GW by
Fanisi Capital has launched its second fund, Fanisi Capital Fund II, with a target of between USD75 million and USD100 million.
Fanisi Capital Fund II, which is a close-ended 10-year growth fund, is targeting to raise up to USD40 million locally, with the rest coming from international investors.
Fanisi Capital managing partner and CEO Ayisi Makatiani says several leading pension funds have already committed to putting money into the fund. He says the strong interest from local investors, including key institutional investors, is underpinned by Fanisi Capital’s vast experience in the local and regional markets.
“We are essentially
Albion Ventures’ fourth Albion Growth Report finds that nearly three-quarters (73 per cent) of small businesses with over five employees plan to grow dramatically or moderately over the next two years and only 5 per cent think they will shrink or wind down.
Based on interviews with 1,000 SMEs, the fourth Albion Growth Report sheds light on the factors that create and impede growth in post-Brexit Britain. The report finds that finding skilled staff is the biggest challenge.
With 50 per cent of small businesses with over five employees planning to grow their headcount over the next two years,
Dragoneer Investment Group is to acquire New Mountain Capital’s 35 per cent stake in AmWINS in a deal which values the company at approximately USD2.6 billion.
The Public Sector Pension Investment Board (PSP Investments) will own 30 per cent and more than 440 AmWINS employee shareholders will own the remaining 35 per cent. Other terms of the transaction have not been disclosed.
Headquartered in Charlotte, North Carolina, AmWINS is a specialty insurance broker placing in excess of USD13 billion in premiums through its relationships with more than 20,000 retail brokerage firms and over 1,000 insurance markets.
AmWINS’ expertise
Antares Capital is serving as administrative agent and joint lead arranger on a USD121.6 million senior secured credit facility to support the acquisition of Del Real Foods by a private equity fund affiliated with Palladium Equity Partners.
Founded in 2002 and based in Mira Loma, California, Del Real offers authentic, clean label, traditionally prepared Mexican cuisine, including prepared meats, specialty items (tamales and pupusas), fire roasted salsas, and side dishes (rice and beans).
The company has developed long term customer relationships with market players across diversified sales channels, including club stores, ethnic grocery stores, traditional grocery stores and food
Private equity firm Doughty Hanson’s Doughty Hanson & Co III and Doughty Hanson & Co V have agreed to sell their stakes in LM Wind Power, a manufacturer of wind blades, to GE for an enterprise value of EUR1.5 billion.
The acquisition is valued at 8.3 times 2016 forecast EBITDA. The transaction is expected to close in the first half of 2017 subject to regulatory approvals.
Originally founded in 1940 as a furniture manufacturer, LM Wind Power has evolved into one of the leading players in the production of blades for wind turbines. LM Wind Power has a global
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
