Managers
Mid-market advisory firm Clearwater International has advised recruitment agency GatenbySanderson on its management buyout (MBO), backed by private equity house Primary Capital.
GatenbySanderson provides permanent and interim executives across public services and the not for profit sector. The business has a particular expertise in headhunting chief executives, senior management teams and non-executive board members within markets that frequently undergo change.
Primary Capital has previous experience in the support services sector, acquiring security recruitment business Pegasus Security and achieving a 5xreturn on its investment in 2006. Primary Capital’s latest acquisition will help GatenbySanderson achieve the next stage in development by
Zolfo Cooper has advised the shareholders of iNTERTAIN Limited, best known for its chain of Walkabout bars, on its management buy-out led by chairman David Myers and CEO John Leslie.
The purchaser, Better Capital LLP, is a private equity investment vehicle founded by Jon Moulton, former managing partner of Alchemy.
Paul Hemming, a partner in Zolfo Cooper’s corporate finance team, says: “Against the backdrop of a difficult trading environment we used our extensive network of contacts in the market to identify potential buyers for the business. Better Capital has a great track record in these types of investment opportunities and
Ian Enslin, Charity Director at Waverton Investment Management, comments on Sainsbury's and the 'Big Four' retailers…
There is significant value in the big four food retailers, but they are lumbered by a cost base which can no longer be justified by the lack of growth and an imminent and inevitable price war under which they will suffer.
Sainsbury's has to make a choice now as to whether it is going to attempt to compete in the bargain basement on price or re-shape it's business from the ground floor upwards to create a sustainable retailer shoppers want to visit over the
Better Capital’s BECAP12 Fund has acquired all of the debt facilities of iNTERTAIN Limited and its subsidiary companies.
iNTERTAIN was formed in October 2009 to acquire the prime trading assets previously owned and operated by Regent Inns Plc.
It now owns and operates a national chain of bars trading principally under the Walkabout brand.
Its audited revenues and operating loss for the year to 2 February 2013 were GBP59 million and GBP3 million respectively.
The 2012 Fund has committed GBP20 million to fund the debt acquisition and future financing requirements.
Private equity investment firm Hellman & Friedman has held the final closing of Hellman & Friedman Capital Partners VIII (HFCP VIII), a USD10.9 billion fund.
Since forming its first partnership in 1987, Hellman & Friedman has raised over USD35 billion of committed capital.
"We are pleased to announce the successful closing of our eighth fund," says Philip Hammarskjold, chief executive officer of Hellman & Friedman. "We are extremely gratified by the enthusiastic support of our limited partners, many of whom have invested with us throughout our 30 year history. We are excited about the opportunities we see for companies at
Oxford Investment Opportunity Network (OION), a business angel network owned and managed by Oxford Innovation, has launched its initial Seed Enterprise Investment Scheme (SEIS) Fund.
The OION 2015 SEIS FUND is promoted and managed by Innvotec Ltd, an FCA regulated Alternative Investment Fund Manager, specialising in investment in start-up and early-stage businesses.
OION is Innvotec’s strategic partner in the fund with specific responsibility for identifying high potential investment opportunities and assisting the entrepreneurs and their businesses post investment.
The fund is the first in a proposed series of annual SEIS funds dedicated to investing in start-up and young
The partners of 123Venture have launched Lendix, a crowdfunding platform dedicated to SMEs which lets institutional and private investors can lend directly to businesses at rates based on the quality of the borrower.
Lend has raised EUR7 million in a funding round led by Partech Ventures, Weber Investissements and 123Venture’s management team, including founder Olivier Goy who is chairman of this new business.
123Venture is a French private equity asset management firm dedicated to retail investors with more than 60,000 private clients and EUR1.2bn of assets under management.
“Our driver for Lendix is similar to the one we
Lending Works, the only peer-to-peer lender to have insurance protecting lenders’ money against borrower defaults and fraud, is rolling out an extended insurance to safeguard savings against a greater range of risks affecting borrowers’ ability to repay loans.
These include all the major reasons for default such as accidents, illness, death and loss of employment.
With the enhanced Lending Works Shield in place, even in the event of another major market downturn, where loan repayments may be harder to collect and arrears can rise, Lending Works’ insurance cover will safeguard savers’ funds.
In research conducted in partnership with
Advent International has received USD2.1 billion in commitments for Advent Latin American Private Equity Fund VI (LAPEF VI), reaching the fund’s hard cap after less than six months in the market.
LAPEF VI is the largest private equity fund ever raised for Latin America. Advent’s previous fund dedicated to the region, LAPEF V, closed on USD1.65 billion in 2010.
“We are pleased with the strong support we received from both existing and new investors,” says Advent managing partner Patrice Etlin. “We believe the high level of demand reflects our leadership position in Latin America based on our strong 18-year
Law firm Howard Kennedy has advised on the sale of make-up retailer Models Own to retail conglomerate Fawaz Alhokair & Co.
The sale, the terms of which have not been disclosed, will allow for the international and domestic expansion of Models Own, creating an additional 1,000 jobs.
Models Own offers a range of nail varnishes and lipsticks popular with celebrities and musicians sold through store concessions and its own Bottleshop outlets. Fawaz Alhokair & Co is one of the largest retail conglomerates in the world, with over 2,000 stores in 18 countries across the Middle East and Central Asia.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
