Managers
Private equity investor Actis, has partially exited from its investment in Edita Food Industries (Edita), an independent snack food business in North Africa.
Subject to final completion, Actis has sold a 15 per cent stake as part of a heavily oversubscribed offer through the Egyptian (EGX) and London stock (LSE) exchanges, representing half of its total stake.
The institutional offering was 13.4x oversubscribed and the retail offering was 4.4x oversubscribed. Investors included a wide range of blue-chip institutional investors. The IPO price of EGP 18.5/share reflects a market capitalisation of EGP 6.7 billion (circa USD890 million) for the Company,
Private equity investment firm Pamplona Capital Management is to acquire European pet food producer Partner in Pet Food (PPF) for EUR315 million.
PPF is one of Europe’s largest producers of private label wet and dry pet food, supplying the continent’s top retailers across 37 countries.
Since Advent acquired the business in 2011, PPF has dynamically grown sales, predominantly through new products and innovation. The company has made significant investments in its industry-leading R&D and production capabilities in recent years, along with strategic acquisitions. This investment has enabled PPF to drive significant increases in sales, particularly through the launch of premium
JP Morgan Asset Management Global Real Assets (GRA) has launched Tactical Direct Investments (TDI), a dedicated cross-real assets group.
Under the leadership of Avik Mukhopadhyay, Head of Global Real Assets Tactical Direct Investments, the TDI team will help clients access new opportunities by leveraging the global investment capabilities of the USD82 billion in AUM GRA platform and GRA's long and successful track record of direct investing. GRA currently manages or advises more than USD17 billion of direct and co-investment transactions globally on behalf of clients.
"Institutional investors are increasingly seeking to complement their real asset fund holdings with direct investments.
Victory Park Capital (VPC) has secured a USD51 million credit facility from GE Capital, Franchise Finance and Citizen’s Bank to refinance existing VPC debt and fund long-term growth initiatives of Giordano’s pizza restaurant chain based in Chicago.
The credit facility will contribute to corporate and franchise expansion in key markets outside of Chicago and help fund the development of business enhancements impacting Giordano’s growth strategy.
“We were impressed with GE Capital’s proven reputation as one of the largest lenders in the restaurant finance sector and are confident they will offer strategic value to the overall growth strategy for Giordano’s,”
Le Duff Group, headquartered in France, has acquired the majority of the shares in Kamps GmbH from German Equity Partners III (GEP III), a fund managed by ECM Equity Capital Management (ECM).
The acquisition strengthens its presence in the German quick service gastronomy and bakery market. As part of the envisaged transaction, the Kamps management team, headed by CEO Jaap Schalken, will reinvest into the company and continue to lead Kamps on its growth path as well as support the expansion of Le Duff Group in the German market. The transaction is still subject to approval from the relevant antitrust
Guernsey is at the forefront of standards on tax transparency and information exchange, according to Tony Mancini, Head of Tax at KPMG in Guernsey.
Interviewed by Caroline Hyde on Bloomberg’s Countdown show, Mancini was questioned on how Guernsey was responding to calls for the Crown Dependencies of Guernsey, Jersey and the Isle of Man and other British Overseas Territories to establish public registers of offshore firms. Mancini responded by pointing out that the steps already taken by Guernsey put it ahead of others, including the UK.
“If you are a UK resident or anywhere [else] for that matter and you
DPI has successfully closed its second fund, the oversubscribed ADP II fund, at USD725 million significantly surpassing its USD500 million target.
The ADP II investor-base includes corporate and public pension funds, endowments and foundations, funds of funds, family offices and development finance institutions from across the US, Europe, Middle East and Africa with significant interest from US investors, which currently make up just over 40% of its limited partner base.
ADP II is pursuing a broadly diversified strategy across industries that benefit from Africa’s growing middle class including the financial services, healthcare, education, construction, logistics, telecoms and consumer goods
STAR Capital Partners has continued its consolidation of the SME asset finance market after completing the acquisition of Ignition Credit, an independent asset and vehicle finance provider to UK SMEs.
STAR Asset Finance’s broader strategy is to provide a significant alternative source of finance for SMEs, the engine room of the UK economy
Having been established just nine months ago, STAR Asset Finance is set to arrange over GBP90 million of financing for 1000s of SMEs, over the course of 2015
STAR Capital Partners (STAR), a leading European fund manager, announces today that it has acquired Ignition Credit
Middle market private equity firm Irving Place Capital (IPC) has completed its acquisition of Bendon, Inc, a provider of non-licensed and licensed children’s colouring and activity products, from The Wicks Group.
Terms of the transaction have not been disclosed.
Bendon’s Chief Executive Officer, Ben Ferguson, says: "We have experienced strong growth with the Wicks team, and they have been a valuable partner to us throughout their ownership. We’ve built a better, more profitable business together, and we are excited to be teaming with IPC to continue our expansion, both organically and through acquisitions."
Bendon’s existing product portfolio includes colouring and
Private equity firm NorthEdge Capital has backed the management buyout of Total Fitness, a Wilmslow-based health and fitness business.
NorthEdge has backed the management team, led by Chief Executive Richard Millman together with Warwick Ley and Brian Davidson of RooGreen Ventures, who alongside a partial realisation of their equity have reinvested in the business as part of the buyout. The transaction will see the existing management team receive significant new investment to support their next stage growth plans, which begin with the re-opening of the Total Fitness club in Wrexham in early April after a GBP1m+ refurbishment.
The transaction
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
