Mimecast has secured USD62.15m in series C funding led by private equity firm Insight Venture Partners, with existing investors Dawn Capital also participating. Mimecast plans to use the funding to accelerate the development and deployment of new technology, and to support plans for rapid expansion in the US market.    Founded in the UK in 2003 by Peter Bauer (chief executive) and Neil Murray (chief technology officer), Mimecast has grown rapidly with over 50 per cent year on year revenue growth recorded in six of the past nine years. Today, the company has over 6,000 customers globally – including 70

Business Growth Fund (BGF) is investing GBP5.4m of growth capital in Swanbridge Hire and Sales (SHS), a provider of high specification industrial scaffolding services based in Barry, South Wales. This is the fourth investment to be led by BGF’s regional team for the South West of England and South Wales; and SHS is the first business to be backed by BGF in Wales.  The investment was managed for BGF by Paul Oldham, Ned Dorbin and Alex Garfitt. SHS was introduced to BGF by Grant Thornton Corporate Finance in Cardiff. Founded in 1998 by Paul Smith, SHS erects and dismantles large

Onex is to acquire KraussMaffei, a manufacturer of plastic and rubber processing equipment, for EUR568m. The transaction is anticipated to close by 31 March, 2013 subject to customary conditions and regulatory approvals.   Based in Munich, Germany, KraussMaffei designs and manufactures machinery and systems for the processing of plastics and rubber. The company manufactures machinery for the injection moulding, extrusion and reaction process segments. KraussMaffei has approximately 4,000 employees and operates key manufacturing facilities in Germany, Switzerland, Slovakia and China. For the 12 months ended 30 June 2012, the company generated approximately EUR1.0bn in revenues.   “KraussMaffei is a global

Arma Partners acted as the exclusive financial adviser to Butterfly Software, a privately held data analysis and migration software company headquartered in Maidenhead, UK, on its sale to International Business Machines. Financial terms of the transaction were not disclosed. Butterfly will become part of IBM’s software group.   Butterfly offers storage planning software and storage migration tools, helping customers save storage space, operational time, IT budget and power consumption. IBM will use Butterfly to help clients find new ways to drive greater value from its storage software and hardware solutions.

Actis, the pan-emerging markets private equity firm, is continuing to tap into China’s rising domestic consumption with an investment in Bellagio, one of the country’s most popular casual dining chains.  Bellagio is renowned for its Taiwanese-style dishes and shaved ice desserts, while its contemporary restaurant design and excellent customer service have a loyal following. Founded in 2001 in Shanghai by the Lin Family, the company today has 35 restaurants across a number of Chinese cities, as well as Macau and the Philippines. In a consumer survey commissioned by Actis, Bellagio stood out against its peers in terms of both brand

Arsenal Capital Partners, a New York-based private equity firm, has acquired IGM Resins, a provider of intermediates to the global ultraviolet (UV) radiation cure coatings, inks and adhesives industry.  UV technologies are used in numerous end markets, including printing, packaging, electronics and construction. Founded in 1999, and headquartered in the Netherlands, IGM Resins is a global specialty chemical company and leading supplier of photoinitiators and acrylates to the worldwide UV curable coatings and inks markets.  In 2010, the company acquired the Photomer brand UV Acrylates business from Cognis providing the business with a fully integrated product portfolio including UV curable

Global alternative asset manager The Carlyle Group has acquired 100% of the outstanding shares of Walbro Engine Management, a global small engine parts manufacturer, from Sun Capital Partners. Terms of the transaction were not disclosed. Equity for the investment comes from Carlyle Japan Partners II. Headquartered in Tucson, Arizona, Walbro is the world’s largest manufacturer of carburettors and a major manufacturer of fuel and air management components mainly targeted at the outdoor power equipment industry. Walbro has significant sales, R&D, and production capabilities in Japan and the United States, and also has manufacturing facilities in Thailand, China and Mexico. Tony

Tengram Capital Partners, a Connecticut-based private equity firm, has acquired a significant stake in NEST Fragrances, a designer and manufacturer of luxury home fragrances. Laura Slatkin, NEST Founder, will continue to lead the Company as Chief Executive Officer and form an executive leadership team that will, under her leadership and guidance, drive the Company’s profitable growth. “We see enormous growth potential for NEST Fragrances and we are very excited about this new partnership,” says Matthew Eby, Co-Founder and Managing Partner of TCP. “In addition to her long-standing reputation in the industry, we have tremendous respect for what Laura has been