Managers
Crescent Capital Group’s European Specialty Lending strategy has completed a unitranche financing to support the refinancing and recapitalisation of Interfloor Group Ltd.
Interfloor, majority-owned by Milestone Capital Partners LLP, also refinanced the mezzanine facility provided by Hutton Collins Partners LLP, which remains a minority shareholder.
This financing is consistent with Crescent’s longstanding commitment to providing access to capital for middle market companies in Europe as well as the US.
“We are pleased to have completed this unitranche refinancing with Milestone Capital in support of the continued growth of Interfloor,” says Christine Vanden Beukel, Managing Director and head of Crescent’s European
Commercial and regulatory pressures mean that now is the right time for private equity investors to expand their involvement in the shipping services and technology sector, according to Moore Stephens.
Dr Adam Kent of London-based consultant Maritime Strategies International (MSI) told the recent Moore Stephens Opportunities in Shipping Services seminar in London that private equity should be looking to invest in multi-faceted companies with a good reputation, pricing power and specialist products. “Opportunities are to be found,” he says. “It’s a question of timing.”
Meanwhile, Alison Jarabo of maritime efficiency specialist Fathom Shipping told private equity investors at the
AlixPartners is to acquire the business and assets of Zolfo Cooper Europe, a provider of business advisory solutions spanning the entire corporate lifecycle including restructuring services, pensions advisory, forensic and litigation support, debt advisory and corporate finance to both companies and their stakeholders.
Fred Crawford, CEO of AlixPartners, says: “Combining with Zolfo Cooper Europe will enable AlixPartners to better serve our UK, European, and global clients from an expanded position of strength and further reinforces our position as the pre-eminent global turnaround and restructuring group. The team at Zolfo Cooper Europe is well known and highly regarded and, along with
The climate for IPOs in Germany has considerably improved, according to the IPO sentiment indicator jointly developed by Deutsche Börse and TU Munich.
The indicator climbed from 30.1 points to 34.2 points, reflecting buoyant sentiment among investors, companies and underwriters in the primary market.
The indicator is based on surveys of market participants’ attitudes towards the current IPO climate as well as calculations based on quantitative input, such as volatility, share prices, price/earnings ratios and subscription gains.
Volatility in German blue chip stock prices, i.e. the expected fluctuation of the share prices in trading, has increased overall over the past
Archangels, alongside Scottish Enterprise’s investment arm, Scottish Investment Bank (SIB), has completed additional rounds of funding totalling over GBP3.3m for three growing Scottish businesses.
All three businesses are now competing on a global stage and have received support from Archangels from early stage. The capital raised will enable all three Scottish entrepreneurial initiatives to fund further growth.
Around 60 of Archangels’ investor members chose to participate in these funding rounds.
PowerPhotonic Ltd which, from its Dalgety Bay base, designs, manufactures and supplies high value optics that manipulate the light from lasers for customers in a range of sectors
Private equity firm Agilitas' waste management portfolio company, Impetus Waste Management, has acquired a further waste transfer station and processing facility in the North East of England.
The consideration for the acquisition of T Shea Limited, based in Leeds, is not being disclosed.
Impetus is one of the largest waste management companies in the North East of England. Following the investment by Agilitas in December 2013, the company has built Europe’s largest commercial and industrial waste processing facility at its site in Teesside. The facility has capacity to process over 500,000 tonnes per annum of commercial, industrial and municipal waste, which
GE Antares is serving as administrative agent on a USD145.6 million senior secured credit facility to support the acquisition of Lazer Spot by Greenbriar Equity Group.
GE Capital Markets served as co-lead arranger and co-bookrunner on this facility.
Founded in 1996 and headquartered in Atlanta, Lazer Spot is a leader in a comprehensive range of outsourced yard management services including trailer spotting and shuttling. Lazer Spot operates 260 sites for more than 80 blue chip customers across the consumer packaged goods, food and beverage, pulp and paper, retail and other industrial sectors.
“Certainty of execution and speed are attributes we
Peer-to-peer secured business spending platform ThinCats has partnered with ESO Capital Group to underwrite a regular series of large deals on the ThinCats platform.
The deal will initially involve GBP20m-GBP50m being deployed on the ThinCats platform but both partners expect this figure to rise significantly over the next few years.
Kevin Caley, CEO of ThinCats, says “We are delighted to be partnering with ESO. As a specialist in large, secured loans we are confident that ESO’s underwriting commitment will help us further strengthen our position as one of the leading players in the sector. This partnership will also allow
Halesowen-based Vacuum Furnace Engineering (VFE) has secured a substantial funding package from banking group Santander and private investment firm SEA Equity.
Prominent West Midlands businessman, Roy Kishor, has taken the role of Chairman and will lead the management team in growing the GBP10 million turnover firm in the longer term, seeing a big opportunity to expand its contract servicing and repair business, develop the next generation of vacuum furnaces and set up a new apprenticeship scheme in addition to its current business.
The Santander Corporate & Commercial Banking, Cornwall Street, Birmingham, team provided a growth capital loan, senior debt
An investor group led by Siris Capital Group has completed the acquisition of commerce-as-a-service solutions provider Digital River.
The execution of a definitive merger agreement outlining the terms of the transaction, which is valued at approximately USD840 million, was initially announced on 23 October, 2014. In the transaction, all outstanding shares of Digital River common stock (subject to certain exceptions) were converted into the right to receive USD26 in cash per share.
Digital River’s stockholders approved the acquisition on Thursday, 12 February, 2015. Based on a tabulation of the stockholder vote, approximately 99.6 per cent of all votes cast, which
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
