Managers
Apex Fund Services has closed a USD40 million credit facility with global credit investment firm Highbridge Principal Strategies.
Peter Hughes (pictured), founder and chief executive officer, Apex Fund Services, says: “The completion of this investment further strengthens Apex’s ability to continue its expansion on a global scale. I am delighted that a well established investment firm recognises an opportunity in the business and has confidence investing in our brand and supporting us in our future development. This investment helps further solidify the Apex group’s position as one of the world’s leading independent fund administrator as we continue to increase our
Sunshine Heart has acquired the Aquadex product line from an indirect subsidiary of Baxter International, a specialist in the hospital products and dialysis markets.
The Aquadex system is indicated for temporary (up to eight hours) ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy, and extended (longer than eight hours) ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and require hospitalisation.
"Aquadex is an important strategic investment, which allows Sunshine Heart to strengthen our presence in the heart failure market," says John Erb, Sunshine's chairman and CEO. "We believe Aquadex is a
Investcorp is selling Crisps Topco Limited (Tyrrells) to Amplify Snack Brands for an enterprise value of GBP300 million.
Founded at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is a manufacturer of hand-cooked potato and vegetable crisps, popcorn and other savoury snacks.
Tyrrells has built on the brand strength of its core product offering to diversify into other premium snack categories, including popcorn, tortilla chips and vegetable crisps.
Investcorp acquired Tyrrells in August 2013 for GBP100 million and has overseen a transformation of the company in which sales and EBITDA more than doubled and employee numbers grew by over
The Scottish Loan Fund (SLF) and Maven have exited their investment in Cumbernauld-based Spaceright Europe, a manufacturer and supplier of furniture, presentation products, toys and activity equipment for the education sector.
Spaceright’s range of products is used in nurseries, schools and universities throughout the UK.
Since its original investment in May 2014, SLF has provided GBP2.2 million of funding to the business, initially backing the acquisition of Educational Technology as well as supporting product development for the enlarged business. In 2015, SLF further supported Spaceright in the acquisition of Millhouse Manufacturing Design, a designer and manufacturer of a complementary
The expanded StepStone Infrastructure and Real Assets Group (SIRA) is now fully integrated into private markets asset management and advisory firm StepStone Group and is actively conducting business for the company’s clients.
In May, StepStone announced that KPMG’s infrastructure and real assets investment advisory team would join StepStone. SIRA’s more than 20 professionals, led by James O’Leary, former head of the KPMG team and Colonial First State’s infrastructure and real assets platform, operate out of Sydney, Perth, Toronto, London, La Jolla and New York.
Monte Brem, chief executive officer of StepStone, says: “We are pleased at how quickly and
The Food Revolution Group is to sell its New Zealand-based business and bioactive intellectual property and lease its LangTech Citrus (LTC) assets to Singaporean company Gravity Solutions Global (GSG), in a deal worth more than AUD17 million over 10 years.
FOD chief executive Bill Nikolovski says the deal will allow the company to focus on commercialising its range of consumer products and growing its market share in Australia and internationally.
“This will significantly reduce our expenditure on further research and development of ingredients and technologies. The sale of the bioactives and ingredient intellectual property will give us value for
Risk Capital Partners, the private equity firm chaired by Luke Johnson, has sold its majority stake in Cruise.co, the company which owns the UK’s largest online cruise holiday website Cruise.co.uk, to Bridgepoint Development Capital for GBP52 million.
Cruise.co.uk is the largest site in the UK for cruise reviews and cruise related questions and answers and publishes unique content and consolidates comparison tables of onboard facilities. The site also has direct access to every cruise line’s live inventory and pricing, providing users with real-time live availability. In addition, Cruise.co hosts the largest cruise forum community attracting 17 million visits per annum
Partners Group is to acquire global IT support services provider Systems Maintenance Services (SMS) on behalf of its clients.
SMS is being sold by funds affiliated with Thomas H Lee Partners (THL) and Summit Partners.
The terms of the transaction, which is subject to regulatory approval, have not been disclosed.
Founded in 1981, US-based SMS is headquartered in Charlotte, North Carolina, and provides IT infrastructure services to a client base of more than 3,000 businesses. SMS offers third-party maintenance services in conjunction with a full suite of IT system support services. SMS has over 900 engineers on its
CVC Credit Partners has acquired Northport Capital TRS (Northport) from Resource Capital Corp througgh a partnership managed by CVC Credit Partners, supported by a fund advised by Coller Capital.
This will increase assets under management in CVC Credit Partners’ global direct lending strategy to approximately USD1 billion and complement its existing European strategy. The transaction will provide significant additional primary capital for the business to maintain its historic investment approach.
Northport is a direct lender that specialises in providing credit facilities to private middle market and lower middle market companies across North America. Northport has a strong investment track
Law firm Watson Farley & Williams (WFW) has advised a group of German investors, led by Nordwind Capital (Nordwind) and Dr Hans Albrecht, on their participation in Iranian start-up ChapAgha.com.
WFW advised Nordwind and its fellow investors on the drafting and signing of the participation agreement, as well as on the implementation of the participation and capital increase in Iran.
Nordwind is a Munich based private equity firm specialising in acquisitions of medium-sized companies and growth capital investments. Dr Albrecht is its managing director and founder.
ChapAgha, which translates to Mr Print, offers online printing services in Iran
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
