Managers
Global M&A has broken last year’s annual tally after another ‘merger Monday’ pushed 2015’s total deal value to USD3.29 trillion, according to figures released by MergerMarket.
On 2 November, 28 deals worth USD35.7 billion were announced, taking 2015 above 2014 total deal value of USD3.27 trillion two months before year end. Record levels of 2007 are now clearly in sight.
Three of yesterday’s transactions broke the USD5 billion barrier with the largest being Visa Inc [NYSE:V] and Visa Europe Ltd joining hands to become a single entity in a USD18.1 billion deal. This was followed by Activation Blizzard [NASDAQ:ATV]
Revelstoke Capital Partners has completed the fundraising for Revelstoke Capital Partners Fund I, and Revelstoke Capital Partners Co-Investment Fund I.
The Fund, which raised USD303 million, was substantially oversubscribed and reached its hard cap, significantly exceeding its target fund size. Since the firm’s inception in mid-2013, Revelstoke has raised in excess of USD515 million in equity commitments across its various investing entities.
Revelstoke Capital Partners closes Fund I.
“We garnered significant support from our limited partner base and believe this is a result of our focus on, and deep experience in, middle market healthcare and business services industries coupled
As Europe’s private debt market continues to evolve, those managers well placed to offer direct lending strategies could benefit substantially as insurance companies, in particular, seek alternative yield-enhancing funds within their credit portfolios. Not only do direct lending strategies provide stable, consistent returns over a multi-year time horizon, they also allow insurers to make more efficient use of their Solvency Capital Ratio (SCR) under Solvency II regulation.
The capital charge is estimated to be 20 per cent. Factor in that these are private closed-ended investments, offering insulation from market volatility, and suddenly one begins to understand why direct lending is
Q3 saw a typical decline in overall European private equity value due to the summer period, however, the overall trend on value in 2015 is positive over that experienced in the last couple of years.
That’s according to preliminary figures from the Q3 2015 unquote” European Private Equity Barometer, published by unquote” in association with SL Capital Partners, which suggests that more disappointingly, the number of European private equity-backed deals declined by 10 per cent, from 368 transactions to 330 transactions. This is a continuation of a trend that started in Q1 2015 and was impacted by a significant reduction
Radius Equity, a specialist provider of EIS and SEIS investments, has launched a GBP750,000 EIS-compliant investment into Up Estates, an new estate agency.
Radius Equity believes that online property portals are transforming the estate agency industry, and traditional agencies are losing market share to new low-cost competitors. Up Estates is a new breed of real estate agency which combines the comprehensive, low cost reach of online portals with the personalised experience of traditional real estate agencies.
Up Estates has established a strong regional foothold in Coventry, Nuneaton and Hinckley, and has seen significant success within the region. For example,
Smart Employee Benefits (SEB) has completed the first tranche of a private placement equity financing for gross proceeds of USD2,400,000 out of maximum aggregate proceeds of USD4,000,000.
The First Tranche financing consists of 6,000,000 units (the "Units") at a price of USD0.40 per Unit. Each Unit consists of (i) one common share of SEB and (ii) one common share purchase warrant of SEB (the "Warrants"). Each Warrant has a term of 24 months from the date of issuance and vests on December 31, 2016 at an exercise price of USD0.75 per share.
The financing is non-brokered and sourced from
Global law firm White & Case has continued the growth of its private equity, infrastructure and energy M&A practices across EMEA with the additions of Caroline Sherrell and Kenneth Barry as new partners in London.
“White & Case has considerable cross-practice and cross-border strength in the private equity, infrastructure and energy industries, and the arrivals of Caroline and Ken will strengthen our current position as a leading firm in these sectors in EMEA,” says White & Case partner John Reiss, Global Head of the Firm’s Global Mergers & Acquisitions Practice. “Growing our presence in London is a key element in
Apteki Gemini (Gemini) has partnered with an affiliate of private equity firm Warburg Pincus to fund the firm’s growth plan.
Gemini is committed to providing low price drugs, high quality patient pharmaceutical care, and the widest product availability in the market.
Founded in 1990, Gemini operates pharmacies in Northern Poland, as well as a nationwide online business (www.aptekigemini.pl). The Company offers the lowest prices of drugs in the Polish market and this allows large groups of patient’s access to drugs, which they would otherwise not purchase. Gemini currently operates predominantly in Northern Poland but is planning to expand
Mid Europa Partners, a private equity firm focused on Central Europe and Turkey, has completed the acquisition of a 100 per cent stake in Customer Management Center (CMC).
Established in 2000, CMC is the largest independent outsourced call centre and customer management services provider in Turkey.
The Company operates a total of four call centres from Istanbul, Malatya and Şanlıurfa, and provides both inbound as well as outbound services to over 70 blue chip corporate customers operating in various industries.
Inflexion has completed the carve-out of the Engineering Inspection & Consultancy division of RSA Plc. The new company will trade as British Engineering Services in the UK and Irish Engineering Services in the Republic of Ireland.
From its headquarters in Manchester, British Engineering Services delivers premium quality engineering testing, inspection and consultancy services throughout the UK and the Republic of Ireland to a large number of blue chip customers. The company has over 450 highly trained Engineer Surveyors and Consultant Engineers, strong customer support systems and a wealth of technical expertise.
Inflexion will work alongside British Engineering Services’ management
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
