Managers
The Motorist’s Organisation Limited (TMO) has successfully raised GBP750,000 of additional equity capital from private equity firm, Ashridge Capital.
TMO is an online platform allowing independent and franchised garages to provide consumers with like-for-like comparisons on a real-time availability and pricing basis for MOTs, car servicing and vehicle repairs.
This new capital will enable TMO to further develop and accelerate its penetration into the UK’s GBP10 billion aftersales market for vehicle maintenance. TMO was established by entrepreneur, Douglas Rotberg in 2012 and TMO’s online platform is the foundation for its recently announced partnership with The RAC, the UK automotive
VentureFounders, the UK-based equity crowdfunding platform, has launched a GBP500,000 crowdfunding campaign for freemarketFX, the peer-to-peer currency exchange, focused on the high-value B2B commercial spot FX market.
The innovative FX exchange platform reduces currency exchange costs to users up to 75 per cent by matching companies and individuals directly with their peers for a fixed commission charge of 0.2 per cent, thereby removing intermediaries and cutting out the financial and operating costs common to many traditional bank and FX broker models.
freemarketFX operates ‘scheduled exchanges’ to execute transfers at set times, rather than on an individual basis, to
Travel industry predictive analytics specialist bd4travel today has closed a USD4.2m Series A funding round, with participation from Talis Capital, Hoxton Ventures, Robin Klein and a number of prominent business angels.
The funding will be used to extend the product offering and accelerate international sales. Expedia founder, Simon Breakwell, has also been appointed as chairman of bd4travel.
Developed by an experienced team of travel industry veterans and pioneering data scientists, bd4travel provides online travel companies with an audience relationship management (ARM) platform. It's machine learning algorithms detect the detailed travel wishes of each unique user in real-time,
TRAFI, a public transport mobile app designed to accurately plan journeys using real-time data, has completed a successful Series A funding round totalling USD6.5m.
The round was led by Octopus Investments with the EBRD Venture Capital Investment Programme and BaltCap, who all join existing investors Practica Capital.
TRAFI, which was founded in Lithuania in 2013, provides precise journey planning information, using a mix of data collected from users and transit authorities. The team’s focus is on high-growth emerging markets, where they use predictive technology to look at local traffic patterns and then apply TRAFI’s algorithm to calculate exact journey times.
The average time taken to exit private equity-backed buyout investments has increased year-on-year since 2008. In this extract from the Preqin Private Equity Spotlight: May 2015, Anna Strumillo and Ciantelle Lawrence conduct an in-depth analysis of buyout holding periods.
Private equity investments are traditionally long-term investments with typical holding periods ranging between three and five years. Within this defined time period, the fund manager focuses on increasing the value of the portfolio company in order to sell it at a profit and distribute the proceeds to investors. This in turn determines how quickly and how much the investors can
Palatine Private Equity has completed the GBP13m management buyout of The Alchemist, as the Manchester bar and restaurant brand looks to roll out more sites across the UK.
The deal marks Palatine’s second investment with Living Ventures Group following its buyout of Gusto last year.
The Alchemist first opened its doors in Manchester in 2010 and currently operates two venues in the city centre, as well as sites in Leeds and London. The company, which currently employs 250 staff, achieved sales of GBP11.3m last year and was recently ranked the 20th fastest growing business in the UK by The
More than 500 people attended the Guernsey Funds Forum 2015 in London last week, which was hosted by ITV news anchor, Alastair Stewart, OBE.
The keynote speech was delivered by Guernsey resident and private equity specialist Guy Hands, Chairman and Chief Investment Officer of Terra Firma Capital Partners Limited.
Dominic Wheatley, Chief Executive of Guernsey Finance, says he was delighted with the number and quality of attendees, as well as the content of the sessions.
“The event allows us to reinforce and build upon our key relationship with the City of London so to have attracted such an impressive number
Waterland Private Equity Investments has closed Waterland Private Equity VI following a successful fund-raising after just three months in the market.
Carey Olsen advised the sixth fund for the Dutch private equity firm which has raised EUR1.55 billion in the short time frame. EUR1.25 billion sits within the fund (a Guernsey vehicle that invests into the Dutch fund) with the remaining EUR300 million in an overflow fund – also a Guernsey vehicle that invests into the Dutch overflow fund – that will be used when the principal vehicle reaches its concentration limits.
The Carey Olsen team of partner Ben Morgan,
Sterigenics International has closed a recapitalisation with an affiliate of Warburg Pincus and GTCR, which was announced in March 2015. Terms of the transaction have not been disclosed.
GTCR purchased Sterigenics in March 2011.
“We are incredibly energized to be partnering with Warburg Pincus and GTCR,” says Michael Mulhern, CEO, Sterigenics International LLC. “Their commitment enables Sterigenics to accelerate our growth, invest further capital to serve customers and build out our global scale.”
Sterigenics’ growth over the past several years has reinforced its global market-leading position in the contract sterilization services industry. In 2014, Sterigenics acquired Nordion, the world’s
Audax Group has partnered with management to acquire TPC Wire & Cable Corp (TPC) from Chicago based private equity group, Pfingsten Partners.
Headquartered in Macedonia, Ohio, TPC is a producer of high performance, ruggedised wire, cable, and connectors used in harsh industrial applications. Founded in 1978, TPC’s products serve a broad spectrum of industries including steel, utility, mining, automotive, food & beverage, government, oil & gas, nuclear, transportation and wood, pulp & paper markets. TPC’s products outperform and outlast ordinary cable and help reduce down time from lost production, replacement costs, maintenance, repair and administrative or regulatory challenges caused by
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
