Managers
Livingstone’s Consumer sector team has advised the management team of luxury holiday firm Scott Dunn on the acquisition of a majority holding in the business by private equity investor Inflexion.
Founded in 1986 by Andrew Dunn, Scott Dunn is recognised as a premium brand within the sector. It was voted the number one specialist tour operator by the readers of Condé Nast Traveller in 2014. The company operates within the luxury travel market, which has grown by more than 12% over the last three years, as demand from affluent customers in the UK and overseas has increased.
Simon Russell, CEO
European private equity firm Cinven has completed the acquisition of Northgate Public Services (NPS), a provider of software, outsourcing and IT services to local government and public sector organisations.
Terms of the deal have not been disclosed.
NPS provides software and related services to UK public sector markets including Local Government, Government Agencies, Public Safety, Housing and Healthcare. Its software and services are used by over 400 UK local authorities, all UK police forces, social housing providers in the UK and internationally, and NHS hospitals. Its IT projects support the sharing of information for criminal intelligence and investigations across
Ariadne Capital, which invests in digital technology start-ups, has just closed a GBP500,000 funding round for Taggstar making it the 8th company in its portfolio and its 4th deal in 2014.
Taggstar is also backed by Sir Stuart Rose, Rob Hersov, and Nigel Taee.
Taggstar is designed to allos shoppers to benefit from social trends by seeing how many others are buying a particular product at the same time as they shop, highlighting when it's selling fast, giving them confidence to purchase.
Taggstar will continue its rapid expansion with retailers and travel sites. Over the past year, Taggstar has worked
Private equity firm Agilitas has acquired Financiere Ionisos SAS (Ionisos), one of Europe’s leading providers of cold sterilisation services, from Naxicap Partners, for an undisclosed consideration.
Ionisos is the leading provider of cold sterilisation services in France and Spain. It is the only company licensed in France to offer all three cold sterilisation technologies: gamma irradiation, beta irradiation and Ethylene Oxide. Its services are used by multinational and local companies for the sterilisation of single-use products. These include medical devices, pharmaceutical, food and pharma packaging and cosmetics products. The business has annual revenues exceeding EUR20 million.
Since 2007, AtriA
Private equity firm Levine Leichtman Capital Partners (LLCP) has completed a recapitalisation of Levine Leichtman Capital Partners IV portfolio company Global Franchise Group (GFG).
"We are pleased to have completed this divided recapitalisation for GFG, which provided working capital and paid a shareholder dividend," says Arthur Levine, president of Levine Leichtman Capital Partners.
Levine says: "This is the second time in the last two years GFG was able to recapitalize its balance sheet, demonstrating the company's superior financial performance, cash generating ability and strong base of franchise brands."
Recapitalization by private equity groups such as LLCP is a common practice.
UK private equity house Maven Capital Partners (Maven) has funded a replacement capital transaction in Westway Services Holdings (Westway).
Maven originally supported an MBO of the London-based facilities management business in 2009 and has since helped grow Westway’s footprint throughout London and the South East.
The GBP3.6 million recapitalisation of Westway, which is Maven’s 10th Private Equity transaction this year, has not only delivered a 1.6x money multiple return for Maven client funds prior to any future equity realisation, but has also increased Maven’s equity stake in the business.
Founded in 2001, Westway provides installation, commissioning, maintenance and
High Road Capital Partners has sold portfolio company Handi Quilter marking the third exit for the firm’s debut fund, High Road Capital Partners Fund I, LP.
North Salt Lake, Utah-based Handi Quilter is a leading developer and manufacturer of mid- and long-arm quilting machines for the consumer quilting market. The company was acquired by Blue Point Capital Partners. Transaction terms were not disclosed.
“In the three years High Road owned Handi Quilter, revenue grew by 76% and EBITDA by 87%,” says Bob Fitzsimmons, High Road’s Managing Partner. “Handi Quilter exemplifies our strategy of buying niche leaders and working
An affiliate of HIG Capital has purchased the majority of the assets associated with Ferro Corporation’s (NYSE: FOE) Polymer Additives Division (PAD).
PAD will be rebranded and operate as Valerus Specialty Chemicals (Valerus).
Headquartered in Independence, Ohio, Valerus is a leading provider of specialty chemicals that impart critical attributes to polymers, including resiliency, flame retardancy and ease of processing. The Company has a very diverse and broad product line with over 250 active SKUs of polymer modifiers, lubricants and stabilisers. Valerus holds a strong reputation within the industry for consistently delivering reliability, quality and product innovation. The Company is expected
Salvepar has acquired a 5% interest in DRT, a developer of rosin and turpentine extracted from pine resin. DRT and its subsidiaries supply more than twenty industries with value-added products.
The Ccmpany mainly supplies the perfume, adhesive, rubber, gum and food supplement markets with a wide range of more than 250 everyday products for the consumers around the world. DRT, which is headquartered in the Landes, operates four factories in Southwestern France and industrial sites in China and India. DRT is a French company enjoying growing influence and reputation in international markets.
Salvepar intends to support DRT’s development, including
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12 November, 2026 – 8:00 am
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