Managers
Following its recent launch, ablrate.com has added the first aircraft deal to its peer-lending portal.
The financing opportunity is for an ATR 42-500 turboprop, which is being leased by SATENA, a government backed regional airline in Colombia.
The deal is backed by a major European bank, and will pay a rate of 10 per cent interest per annum, over a period of six years.
Since its launch, ablrate.com has seen strong interest from investors, including family offices and small institutions.
International companies continue to turn to US stock exchanges to connect with American investors for their IPOs and subsequent capital raising, according to BNY Mellon's Depositary Receipts 2014 Midyear Update.
The first half of 2014 saw the highest level of DR capital raisings in the last three years. As of 30 June, 41 capital markets transactions globally raised more than USD9.1 billion, well ahead of the USD3.6 billion raised through 20 transactions during the same period in 2013.
BNY Mellon served as depositary bank for 18 of this year’s deals, which have raised over USD3.1 billion.
Companies from
La Française Group has obtained AIFM approval for all its management companies.
By capitalising on its experience in the registration of UCITS funds internationally and now its AIFM status, the La Française Group is able to extend its services across Europe.
The following Group management companies have obtained AIFM approval:
– La Française AM International (LFI)
– La Française Investment Solutions LFIS
– La Française REM
– La Française des Placements
– La Française Inflection Point
– New Alpha AM
As Alternative Investment Fund (AIF) managers, the companies will be able to manage AIFs in an EU member
Swoon Editions, an online furniture business, has confirmed a GBP4 million Series A funding round to expand its business in the UK, led by Octopus Investments and Index Ventures.
The investment will be used to grow Swoon Editions’ community of ‘insiders’ (interior-savvy people signed up to its email list) as well as increasing the number of designs launched each week.
The team has grown from three to 36 in the past 12 months and an additional 20 roles will be created across a range of disciplines, primarily in the London head office, and also in Vietnam, India and China.
European private equity firm Silverfleet Capital has agreed to acquire AGR Holdings, the petroleum services division of Oslo-listed AGR Group, in a NOK1,640 million (EUR195m) transaction.
Completion will be on or around end of August.
AGR is the largest independent well management group operating globally. AGR delivers well, reservoir, HSEQ, and facilities management services to the upstream oil and gas industry. The company also offers rig access management, consultancy manpower, software solutions and tailored industry training. AGR’s client base comprises some of the largest international and national oil companies as well as a wide range of small and medium sized
Arma Partners acted as exclusive financial advisor to Vero Software on its sale to Hexagon AB.
Founded in 1988 and with headquarters in the UK, Vero is an independent provider of computer aided manufacturing software, with a presence in over 40 countries and more than 20,000 customers on maintenance worldwide.
Backed by technology investors Battery Ventures, Vero is a high growth company which recently achieved 24th place in the UK’s Sunday Times Profit Track 100 league table.
Hexagon is a provider of integrated design, measurement and visualisation technologies worldwide. Vero will allow Hexagon to extend the reach of
Private equity firm Palamon Capital Partners has agreed the sale of Retail Decisions (ReD) to ACI Worldwide for USD205 million, subject to regulatory approvals.
The sale will result in total Sterling investment returns for Palamon of 2.5x invested capital.
ReD is a provider of payment fraud prevention technology and services to merchants, card issuers, acquirers and processors. The company’s flagship product ReD Shield, a real-time, online fraud prevention solution, is used by large e-commerce and multi-channel merchants in North America, Europe, Asia-Pacific and Latin America, to boost online revenues while reducing fraud losses.
Palamon acquired ReD in a
21 Concordia, a private equity fund of 21 Partners, has completed an investment in Polish debt collection company EGB Investments.
Founded in 1995, EGB Investments manages collection of consumer and corporate debt for banks, financial institutions, telecommunications, and utilities companies in Poland.
EGB generates sales in excess of EUR12 million with an Ebitda margin in excess of 15 per cent.
In addition to the core debt collection and receivables management services, the company provides liquidity enhancement solutions for small and micro enterprises through its subsidiary EGB Finanse.
21 Concordia along with the management will foster an organic
Specialist financial services private equity investor Cabot Square Capital has made a GBP25m investment in Henry Howard Finance, in order to enable it to increase its provision of finance for SMEs.
Cabot Square believes that the shortage of SME financing from banks in the wake of the credit crisis has created a significant opportunity for Henry Howard – which is already established as a leading asset finance provider – to build on its experience and expertise in providing finance both direct to SMEs and as part of manufacturers’ and equipment vendors’ sales packages.
In particular the investment will enable Henry
Nordic Capital Fund VIII has signed an agreement to acquire the majority of Lindorff, a European debt collection company headquartered in Oslo, Norway, from Investor and Altor.
Investor and Altor will retain a minority holding in Lindorff.
The total EV is EUR2.1bn plus EUR200m of a performance based vendor note.
“Nordic Capital has followed the development of Lindorff for many years and is impressed with the successful transformation and positioning of the company. In the coming years, Nordic Capital looks forward to supporting further growth and expansion of Lindorff, and to contributing through Nordic Capital’s extensive experience and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
