Latest News
HIG Bayside Capital (Bayside), the distressed debt and special situation affiliate of HIG Capital (HIG), has promoted Andrew Scotland to Co-Head of the firm’s European special situations debt activities.Scotland will act as co-head alongside Bayside Managing Director Duncan Priston.
Scotland has over twenty-two years of investment banking and distressed investment experience. He previously worked as a Managing Director in RBS’s Special Situations Group for more than six years, where he was focused on European distressed investments.
Executive Managing Director John Bolduc says: “Since joining the firm in 2013, Andrew has been instrumental in helping to grow the firm’s distressed
Pasta Evangelists has raised GBP3.5 million to expand across the UK. The funding has been led by leading consumer venture capital trust, Pembroke VCT and co-led by Guinness Asset Management. Founded by Genoa-born Alessandro Savelli in 2016, Pasta Evangelists’ mission is to provide the highest quality fresh pastas and pasta sauces in the UK to homes across the country, and one day internationally. The company’s chairman and co-founder is James McArthur, previously CEO of Harrods and several luxury fashion brands, including Balenciaga and Anya Hindmarch. Prue Leith, Giles Coren and William Sitwell also count among Pasta Evangelists’ co-founders and have been
An affiliate of middle market private equity firm One Rock Capital Partners (One Rock) has acquired Innophos Holdings (Innophos) an international producer of essential ingredients.In conjunction with the completion of the transaction, Richard Hooper has been appointed Chief Executive Officer of Innophos, effective immediately. Hooper is an industry veteran with 40 years of specialty materials experience.
“The closing of this transaction represents an exciting new chapter for Innophos, its employees and customers that furthers its ability to improve quality of life through purpose-built ingredients,” says Hooper. “As a private company, Innophos is expected to have greater flexibility to drive
Squire Patton Boggs has expanded its Global Corporate Practice in London, adding significantly to its international private equity (PE) team, with the appointment of former KPMG heavyweight Stephen Ball, and leading PE practitioners Charles Leeming and Ben Squires from Simpson Thacher. All three join as partners and will work closely with Corporate and Financial Services colleagues across the firm, in the UK and Europe, the US, Middle East and Asia-Pacific.
“Stephen’s reputation precedes him, as a widely respected, highly trusted advisor on business strategy and decision-making at the highest level,” says Jonathan Jones, Squire Patton Boggs’ European Managing Partner. “He brings
Kian Capital Partners (Kian), a middle-market focused private investment firm, has sold its portfolio company, Empire Group (Empire) to PNC Riverarch Capital (PNC Riverarch). Terms of the transaction have not been disclosed.Headquartered in Raleigh, NC, Empire is a wholesale distributor of commercial foodservice equipment and genuine OEM parts into diverse markets, including foodservice equipment dealers, service organizations, buying groups and national chain accounts. Empire’s 5,500+ customers greatly value its technical expertise and national fulfillment capabilities through its seven locations.
“Kian’s leadership, while always being genuine and supportive to the entire team, helped drive alignment in our quest to realize
Alpine Investors, a middle market private equity firm focused on software and services, has promoted Matt Moore to Partner and Daniel Cohen to Principal. The promotions build on the growth trajectory of the firm, which is currently deploying its USD1 billion fund closed in 2019.
“At Alpine, we measure ourselves by the quality of our talented, dedicated and diverse team,” says Graham Weaver, CEO and Founder at Alpine Investors. “Matt and Daniel have been instrumental in our firm’s growth – in making great investments, building the team and creating an amazing culture. We’re excited to recognise their contributions and look forward to
London-based IMAN Capital Partners has, together with a group of investors, agreed to acquire a majority stake in Crealsa Investments, a Spanish provider of web solutions for the financing of invoices and promissory notes to SMEs on a nationwide basis.
LDC, the UK’s leading mid-market private equity firm, says it would seek to increase its investment in UK companies during 2020 after deploying GBP365 million of capital in 2019 to back 18 ambitious management teams.The firm, part of Lloyds Banking Group, said the role of private equity in supporting the UK’s small and medium-sized businesses was ‘more important than ever’. LDC said the plan formed part of its rolling three-year commitment to invest GBP1.2 billion of capital.
In an annual summary of its performance, LDC – which typically invests between GBP5 million and GBP100 million in a single transaction
One of Lithuania’s largest asset management companies, INVL Asset Management, has held a final close of INVL Baltic Sea Growth Fund, the largest private equity investment fund for the Baltic region, at a total of EUR165 million.
Keensight Capital, a private equity managers dedicated to pan-European growth buyout investments, is to sell shares of smartTrade Technologies, a specialist in multi-asset electronic trading solutions, to Hg.Founded in 1999 and headquartered in France, smartTrade Technologies has developed an automated trading platform which enables fast access to a wide range of liquidity for Foreign Exchange (FX), Fixed Income, Equities, Cryptocurrencies, and Derivatives. These solutions connect to numerous liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities, and an HTML5 user interface.
The group is located across four continents, with offices in France, Geneva, London, Milan,
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
