Managers
Renaissance Capital, an emerging and frontier markets investment bank, has completed two debt capital markets transactions last week.
A USD50 million Eurobond issue for ABH Ukraine, the sole shareholder of Alfa Bank Ukraine. The new bond issue was a Reg S market only transaction with a one-year maturity and a coupon rate of 10%. Alfa-Bank Ukraine is a leading Ukrainian commercial bank with international capital. The bank ranks among the ten largest banks in Ukraine, according to the National Bank of Ukraine. Renaissance Capital London acted as the Sole Lead Manager for the issue.
A USD40 million Bond Tender
MEAG, Munich Re’s asset manager, is to acquire 38.4 MW of wind power developed by Eolus in a deal worth SEK425 millon.
The agreement covers the delivery of eight Vestas V112 3.3 MW wind turbines for a total of 26.4 MW in wind farm Iglasjön in Kungsbacka municipality and the operational 12 MW wind farm Jung-Åsa comprising of six Vestas V90 2.0MW wind turbines in Vara municipality. Wind farm Jung-Åsa was taken into operation during 2014 and wind farm Iglasjön is under construction and is scheduled to be taken into operation during 2016.
As part of the agreement Eolus will
Gousto, the recipe box delivery company, has raised an additional GBP9 million bringing the total raised to date by the firm to GBP20 million.
Founded in 2012, Gousto delivers ingredients boxes for specific, suggested recipes. This latest investment includes GBP3m from BGF Ventures – the first investment for the GBP200 million fund since it opened its doors to early stage technology companies in the autumn of this year – alongside existing investors MMC Ventures, Unilever Ventures and the Angel Co-Fund.
Gousto is one of the UK’s fastest growing technology-based companies. Last month, it delivered more than 300,000 meals to homes
Private equity firm Arle CapitalPartners is to sell Stork, a provider of knowledge-based asset integrity services focusing on the Oil & Gas, Chemical and Power sectors, to Fluor Corporation (Fluor) for EUR695 million.
The sale of the business, formerly Stork Technical Services, represents a full exit from Stork Holdings BV. following the sale of Fokker Technologies to GKN for EUR706 million which was closed in October this year.
John Arney, Managing Partner of Arle, says: “We are delighted with the agreed sale of Stork to Fluor which delivers a full exit at an attractive valuation, fairly reflecting the high
Elian has formally completed its acquisition of SFM Europe. Merging Elian's existing International Finance team and the SFM Europe team, the combined service line will be made up of more than 150 employees, and it will be led by SFM Europe CEO, Robert Berry.
SFM Europe offers services for the management of securitisations, structured finance and asset finance to global banks, investment managers and blue chip corporates. The completion of this acquisition significantly bolsters and expands Elian’s international finance offering.
The deal, which was announced in September, brings Elian’s head count to 640 employees and increases its geographical spread
Raiffeisen, the third-largest banking group in Switzerland and a partner of Avaloq since 2007, is acquiring 10 percent of the Avaloq group’s shares as part of a strategic plan by Avaloq to strengthen its capital base for upcoming opportunities.
As part of its growth strategy, the Avaloq group is expanding its number of shareholders and adding a strategic partner. Raiffeisen, one of the system-relevant banking groups in Switzerland and part of the Avaloq Community since 2007, is acquiring 10 percent of the Avaloq group’s treasury shares. With Raiffeisen’s investment in Avaloq, the two leading companies strengthen their existing partnership and
Monroe Capital has acted as sole lead arranger and administrative agent on a USD14.5 million senior credit facility to support the merger of Nelbud 360 Services Group and TEAM Services. Nelbud 360 Services is an existing portfolio company of Source Capital.
Based in Indianapolis, Indiana and founded in 1981, Nelbud 360 Services is a leading provider of commercial kitchen fire prevention and equipment maintenance including kitchen exhaust cleaning, technical services, fire protection services, and wastewater management. TEAM is a provider of full service electric and mechanical solutions including HVAC services, electrical, refrigeration, kitchen equipment, and plumbing and drain cleaning services.
Mid-market private equity firm Bowmark Capital is backing the buy-out of Nexus Vehicle Solutions, a B2B broker of rental vehicles in the UK, from its previous institutional investor, Livingbridge, for a total consideration of GBP51 million.
The business connects vehicle rental companies with corporate customers via a proprietary online booking and rental management system that automates and streamlines the procurement process.
Founded in Leeds in 1999, Nexus provides its 800 customers with access to over 500,000 vehicles sourced from 130 rental companies operating from more than 2,000 locations. For rental companies, Nexus provides valuable incremental volumes that are otherwise difficult
Law firm Thomas Eggar has advised Uniplaces in one of Europe’s largest Series A venture capital fundraising successes of 2015.
The pioneering Lisbon-based startup was founded in 2012 by three ex-university classmates and has been billed as ‘the Airbnb of students’. Users of Uniplaces.com are able to search for and book affordable student accommodation safely and easily in locations all over the world. The website operates in 38 cities.
The funding round was led by Atomico and included investments from Octopus Ventures and Shilling Capital Partners as well as a mix of existing and new angel investors, including veteran
Malta-based fund manager Prestige Capital Management (PCM) has added an institutional share class to its Commercial Finance Opportunities Fund, an Experienced Investor Fund that focuses on receivables finance and asset finance opportunities in the UK.
Additionally the fund structure is a Luxembourg-based SICAV SIF which has recently been brought within a full scope AIFM structure, allowing for a wider range of access to European investor groups.
The fund aims to achieve consistent absolute returns in most market conditions, using a diverse portfolio that carefully manages individual client and sector asset allocation risk. Transactions are procured and managed by one
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
