Managers
Research carried out by Guernsey Finance has revealed rising interest in green investment from private equity managers, but it also flags that they underestimate the funding requirements and commercial opportunity for limiting global warming.
Three-quarters of those surveyed had increased exposure in green and sustainable finance and everyone planned to do so in the near future. They said that external drivers, such as investor demands and competitive forces, including the ‘Attenborough Effect’, where the veteran broadcaster David Attenborough is credited with making people more conscious about the impact of their consumption, were the main reason for doing so.
They
Horizon Capital, a specialist technology and tech-enhanced business investor, has made an investment in education software and services firm Juniper Education.
Horizon has made a GBP20 million equity commitment from the Horizon 2018 fund of which over half is reserved for future acquisitions. This is the second buy-and-build platform investment by Horizon this year and follows on from the group’s investment in software and data analytics business STRAT7 in March. Horizon has completed nine add-on acquisitions for its portfolio companies so far this year.
Horizon is supporting Juniper Education’s Executive Chairman Gavin Freed, together with the wider management team to
An affiliate of HIG Europe, the European arm of private equity firm HIG Capital (HIG), has completed the acquisition of a controlling stake in Metalprint, a manufacturerer of forged brass and aluminium industrial components.
Metalprint, founded in 1974 and based in Calcinato (Brescia, Italy), has expanded meaningfully, driven by the growing market demand for forged components and by management’s constant effort towards the internationalisation and the modernisation of the business. In particular, the growth in the aluminium space was accelerated in 2017 through the acquisition of Jebco Manufacturing, a leading provider of high precision machined aluminium components in North America.
ARQIS has advised AVS Verkehrssicherung (AVS), a portfolio company of Triton Fonds IV, on the acquisition of Lorenz a provider of road marking and construction site safety with headquarters in Wittstock/Dosse, Germany.
The merger is still subject to the approval of the antitrust authorities. The parties have agreed not to disclose the purchase price.
Since 1992, Lorenz has had many years of experience in the application of high-quality and sustainable marking materials, both in permanent and temporary applications. In addition, Lorenz sees itself as a reliable supplier and outfitter of construction site security systems. The company is primarily active
Palatine Private Equity owned SMP Group, a professional and financial services group headquartered in the Isle of Man, is to acquire Helm Trust Company Limited, a trust and corporate services provider based in Jersey.
The transaction is subject to regulatory approval.
Helm has been delivering independent trust and company administration services for over 25 years.
The transaction comes under a month after Palatine completed a management buyout of SMP Group, which saw David Hudson, the former group business development director move into the role of group CEO.
Hudson says: “When we announced our MBO, we spoke of
Ninth Wave, a specialist in secure data connectivity between financial institutions and third-party applications including aggregators, fintechs, accounting solutions, tax prep software and other consumer and business solutions, has closed on a significant minority investment from SARORAS Private Capital, a private equity firm.
Ninth Wave will use proceeds from the primary capital investment to accelerate the company’s growth through further development of its flagship SaaS solution, the Ninth Wave Platform, new sales and marketing initiatives and the expansion of its leadership team. SARORAS focuses primarily on investments in growing middle market technology and business services companies and looks to partner
RSK, a UK-based environmental, engineering and technical services consultancy, has acquired the business, operating assets and employees engaged in the business of RAW Technology Ltd. The acquisition is RSK’s fourth of this financial year.
RAW, a leading specialist in inland oil spill response and remediation, operates worldwide from 16 offices in the UK and Ireland. Its clients include insurance companies NFU Mutual, Legal & General, RSA, Aviva, AXA, Direct Line and LV=, Speedy Hire and National Trust. In 2016, RAW won a RoSPA Gold Award. In addition, UKSpill named RAW its domestic responder of the year in 2016 and 2017.
Private equity funds managed by Angelo, Gordon & Co have completed the sale of Crunch Fitness (Crunch) to TPG Growth, a middle market and growth equity platform of alternative asset firm TPG. Terms of the transaction have not been disclosed.
Crunch is a health and fitness company that owns, operates, and franchises fitness centres serving over 1.3 million members across the United States, Australia, Canada, and Spain. Founded in 1989 in New York City, the Company has been committed to providing members with high quality training and service in convenient locations and at an affordable price for more than 30
During the first half of 2019 YFM Equity Partners (YFM) completed GBP230 million of deals and raised GBP100 million of new funds, a sharp increase on 2018.
YFM says that the results demonstrate that the UK’s smaller businesses are continuing to innovate and invest for growth, despite the ongoing backdrop of continued political uncertainty on both domestic and international levels. The company believes this market could have performed better, but given the on-going activities in Westminster, the performance levels are understandable.
David Hall, Managing Director at YFMm says: “Overall returns, both realised and unrealised have remained steady. There’s been a
There is evidence that the previously sacrosanct 8 per cent hurdle rate may be under challenge, according to the latest edition of MJ Hudson’s Private Equity Fund Terms Research, with 23 per cent of funds this year having (at least initially) dropped the hurdle altogether, an increase on the numbers seen in our 2018 (12 per cent) and 2017 (15 per cent) surveys.
The 8 per cent hurdle is far from dead, however as it remains the most common rate, with 60 per cent of all funds – and 86 per cent of buyout funds – surveyed this year needing
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
