Managers
NorthEdge Capital, a private equity firm focussed on the North of England, has provided a multi million pound injection of development capital into the company behind premium casual dining brands Neighbourhood and Victor’s.
East Coast Concepts, which was founded by entrepreneur James Hitchen and his brother Guy, currently operates the all day eatery and late bar Neighbourhood in Spinningfields which has recently undergone a GBP1 million refurbishment and the East Coast inspired Victor’s, based in Hale. Both brands have developed strong followings in the region due to their unique atmosphere and innovative menus, based around premium steaks, fresh seafood and
Metropolitan Equity Partners has invested USD20 millionin Bizfi (www.bizfi.com), a FinTech company that combines aggregation, funding and a marketplace for small businesses.
This investment represents an increase from the USD65 million financing of the company in December.
Paul Lisiak, Managing Partner of Metropolitan, says: “While the FinTech industry has experienced some recent headwinds, our confidence in both Bizfi and its place in the alternative financing industry has never been stronger. Since our original investment, Bizfi’s management has proven month after month its ability to generate profits and growth in an industry where most companies are calculating burn rate.”
Bizfi and
Cavendish Corporate Finance, a UK sell-side mid-market M&A firm, has advised Tristar Worldwide, a luxury travel service operator on its acquisition by Addison Lee, Europe’s largest private hire company.
Founded in 1978, Tristar pioneered airline door-to-door luxury chauffeur services for global airline companies such as Virgin Atlantic. Today, the company is an international business, with global revenues of £50m, more than 200 staff, over 450 drivers and a reputation for being one of the most trusted names in the business. Tristar has headquarters on three different continents and a multitude of regional centres across Europe, North America and Asia.
Lightspeed China Partners (LCP) has completed the final closing of Lightspeed China Partners III with total committed capital of USD260 million USD. Fund III was oversubscribed and received strong support from existing and new limited partners.
LCP has also announced completion of a substantial closing of its first RMB fund with a target size of RMB500 million.
LCP has investment professionals located in Shanghai and Beijing. With USD and RMB dual-currency venture funds, the partnership plans to continue investing in China-based early stage companies in Internet, mobile, Internet Plus (transforming traditional industries with Internet technologies), and enterprise technology sectors.
LCP
BaltCap portfolio company Eesti Keskkonnateenused AS (EKT) has acquired Jaakson Linnahooldus OÜ, a Tallinn-based, street maintenance business.
“BaltCap is excited to support EKT Group’s further growth. Local expansion is one of our strategic goals so we are pleased to see that the current deal is a powerful step forward,” says Peeter Saks, Managing Partner at BaltCap and Chairman of the Supervisory Board at EKT.
The CEO of EKT Argo Luude adds that the transaction waiss a logical step for them: “Since our company has a lot of experience in street maintenance from other municipalities, the growth needs to continue
The French government has given its support to an investment of up to EUR250 million in glassware manufacturer Arc by a consortium of investors led by he Russian Direct Investment Fund (RDIF) and CDC International Capital (CDC IC).
The deal terms envisage that RDIF and CDC IC will invest in the project on a parity basis. The proceeds will be used by Arc to implement its global investment program to accelerate its growth, including the modernisation of its facilities in France, expansion of its existing production facilities in Russia and construction of a new state-of-the-art glassware plant in Kaliningrad.
Fried Frank acted as counsel to Onex Partners in its acquisition of a majority interest in WireCo Worldgroup (Cayman) Inc, one of the world's largest manufacturers of steel and synthetic rope.
Paine & Partners and affiliates, who acquired WireCo in 2007, will maintain a significant minority stake.
Through the transaction, WireCo will refinance its capital structure and extend its debt maturities, substantially reducing leverage and annual interest expense. Upon closing, the Company expects to reduce its debt from approximately USD840 million as of 31 March, 2016 to approximately USD600 million, subject to closing timing. Annual interest expense is
Private equity firm Bunker Hill Capital has added Kingpin Tattoo Supply (Kingpin) to its portfolio company Nexus Brands Group. Kingpin, based in St Petersburg, Florida, is a designer, manufacturer and distributor of tattoo supplies.
Kingpin joins TATSoul, a leading premium brand supplier of furniture, equipment and consumable supplies to the tattoo industry, to solidify the Company’s leading market position and create the largest family of branded full service tattoo supply manufacturing and distribution companies in North America.
Brian Kinsman, Managing Partner at Bunker Hill Capital, says: "Kingpin and TATSoul are two like-minded companies that care deeply about their ongoing commitments
Pavilion Financial Corporation (Pavilion), a North American based employee-owned, investment services firm, plans to acquire Altius Holdings Ltd, the parent company of Altius Associates Ltd. and Altius Associates (Singapore) Pte Ltd (Altius Associates), a global private markets advisory and separate account management firm with offices in the UK, US and Singapore.
The transaction is expected to close in the third quarter of this year subject to regulatory approval.
Pavilion will combine the operations of Altius Associates with LP Capital Advisors, LLC (LPCA), the alternative asset advisory subsidiary of Pavilion headquartered in Sacramento, California. The combination will be highly complementary,
Union Oil and Gas Group (UOGG), a subsidiary of private equity firm Union Group, and state corporation Empresa Nicaraguense del Petróleo (‘PETRONIC), are to sign an agreement for future operations in four oil and gas blocks in the Sandino Basin offshore of Nicaragua.
The agreement, which is currently being finalised via governmental process, will grant UOGG priority rights to the exploitation of hydrocarbons in these blocks and marks the company’s first expansion into Central America after recent rapid growth in Peru, Paraguay, Uruguay and Bolivia.
“This is an important step towards our establishment of a major oil and gas
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
