Managers
Audax Private Equity, together with its co-investors and management, has completed the sale of Laborie Medical Technologies to Patricia Industries, a part of Investor AB.
Headquartered in Mississauga, Ontario, Laborie Medical Technologies is a provider of medical devices for urological, pelvic health, and gastrointestinal applications.
The company’s products are used in the diagnosis and treatment of urinary incontinence and other urological and GI conditions. Laborie supplies physician offices, hospitals, and mobile providers on six continents.
Since Audax’ initial investment in 2012, Laborie has completed 14 acquisitions to expand product lines and enter international markets.
Young Lee, managing
Twino Group, a consumer lender, has now issued over EUR300 million in issued loans.
The company, which has been operating since 2009, provides unsecured consumer loans for private individuals in 10 countries, including Poland, Russia and Georgia.
In May 2015, the company also launched a peer-to-peer lending platform, offering investors from across Europe an opportunity to earn premium returns by investing into consumer loans originated by Twino Group’s lending companies.
Fuelled by a BuyBack Guarantee, which protects investors from the borrower default risk, the platform has attracted over 4,000 investors from 30 countries, who have already funded EUR49.5
Direct to market venture firm Legion Capital has launched the Legion High Yield Mortgage Fund I, a USD25 million real estate mortgage fund to finance property acquisition, renovation and rent.
"The US real estate market is experiencing a sustained recovery, with home equity nearly doubled since 2011. However, banks are still not lending money to builders and developers – creating a huge void in the market for real estate finance,” says Jim Byrd, chairman and CEO of Legion Capital Corporation. "This creates a great opportunity for investors looking for secured income in the current volatile market environment."
The fund targets
Global retail marketing company TCC Global has acquired online retailing specialist Summit.
The deal, advised by Livingstone, sees TCC Global, which turned over EUR500 million in 2015, bring in Summit’s expertise in online retailing to enhance its digital engagement capabilities.
Summit, which turned over in excess of GBP47 million in the same year, will retain its established brand and existing senior management team, who have worked on the business for many years.
TCC Global was founded in 1991 by Richard Beattie, the group’s chairman. Today, TCC Global runs campaigns in more than 70 countries, operating from 34 offices
Ridgemont Equity Partners-backed Perimeter Healthcare has acquired WoodRidge Behavioural Care.
Ridgemont formalised a partnership with Perimeter earlier this year and sponsored the acquisition of WoodRidge as the foundation for a new behavioural healthcare company.
Financial terms of the transaction were not disclosed.
Perimeter is led by president and CEO Rod Laughlin, who brings 35 years of experience in building and operating successful facility-based healthcare companies, including Regency Hospital Co, Charter Medical Corp and Acadia Healthcare.
Perimeter was founded with the goal of creating a behavioural healthcare business to service a broad range of mental health diseases in
The Paris office of global law firm K&L Gates have advised Equinix, the global interconnection and data centre company, on the acquisition of Digital Realty's operating business in St. Denis, Paris, including its real estate and data centre facility, for approximately EUR190 million.
The US supplier will extend its hosting capabilities in the site that currently houses Equinix's PA2 and PA3 International Business Exchange (IBX) data centres.
The acquisition of the new Paris site enhances Equinix's recently expanded data centre portfolio in EMEA. One month ago, Equinix added the eighth data centre in Amsterdam. In January 2016 Equinix acquired
Tikehau Capital has secured a EUR200 million five-year syndicated loan facility for its long term investment company Tikehau Capital Partners.
The loan is from eight international banks led by BNP Paribas, Credit Agricole Corporate & Investment Bank and LCL.
This marks the first time Tikehau Capital has used a syndicated loan facility.
The funds will enable the company to accelerate its international expansion, have additional resources to pursue its organic and external growth whilst preserving financial flexibility under attractive conditions.
Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, say: “This loan follows two capital increases for
Although California is best known for its venture capital industry, the state has seen marked growth and diversification of its alternatives market, as other private capital and hedge fund managers are drawn to the area, according to Preqin.
The number of active California-based private capital firms has more than trebled since the start of 2000, and there are now a record 949 active fund managers. Additionally, 233 hedge fund managers have been incepted in the state since 2010, leading to the launch of 750 new hedge funds.
Unsurprisingly, the growth in the number of California-based managers has led to
Arma Partners has acted as financial adviser to Brite:Bill on its sale to Amdocs.
Founded in 2010, Brite:Bill is headquartered in Dublin, Ireland and backed by Delta Partners, Enterprise Ireland, Investec Ventures and other angel investors and founders.
Brite:Bill has been named a “Cool Vendor” by Gartner and serves global Tier 1 customers such as Rogers, Sprint and Vodafone. The company manages bill presentation for over USD5 billion billing value per month.
Brite:Bill’s platform transforms the way service providers present and manage billing communications through personalised, targeted messages and content.
The acquisition will strengthen Amdocs’ digital offerings
Financial holding company Italmobiliare has completed its acquisition of private equity house Clessidra Sgr after receiving authorisation from the Bank of Italy.
Italmobiliare now holds 99 per cent of Clessidra.
The company’s new board of directors is as follows: Carlo Pesenti (chairman), Mario Fera (CEO), Riccardo Bruno, Manuel Catalano, Federico Ghizzoni, Alessandra Manuli and Galeazzo Pecori Giraldi.
A new board of statutory auditors has also been appointed – Marina Brogi (chairman), Francesco Di Carlo and Alessandro Grange.
An investment holding owned by the Pesenti family, Italmobiliare manages a diversified investment and equity portfolio worth more than EUR1.6
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
