Latest News
Lovell Minnick Partners, a private equity firm specialising in financial and related business services companies, is to sell JS Held, a global consulting firm focused on the construction industry and insurance claim management, to private equity firm Kelso & Co.
Financial terms of the private transaction have not been disclosed.
“It has been our pleasure to partner with Jon Held and his team over the past four years as the Company significantly expanded its practice areas, geographic coverage and consultant base,” says Robert Belke, a Managing Partner at Lovell Minnick Partners. “With a robust and growing platform, and a
KPS Capital Partners (KPS) has sold Genesis Attachments (Genesis) to NPK Construction Equipment.
KPS will continue to own Crenlo, Emcor and Siac do Brasil (Crenlo Global). Crenlo Global will continue to be led by Chief Executive Officer Steve Andrews and Chief Financial Officer Steve Klyn.
Raquel Palmer, a Managing Partner of KPS, says: “We congratulate and thank the Genesis management team for their impressive execution. We are very proud to have been their partner in Genesis’ incredible transformation. We remain committed to providing Crenlo Global with capital and resources to continue delivering products of unparalleled quality, with industry-leading
Five Point Energy, a private-equity firm focused exclusively on the midstream energy sector, has sold a minority equity stake in WaterBridge Resources (WaterBridge) to affiliates of GIC, Singapore’s sovereign wealth fund.
The minority equity position was acquired from funds affiliated with Five Point Energy and WaterBridge management. The transaction has closed and is not subject to any additional conditions. The purchase price implies a WaterBridge enterprise value of approximately USD2.8 billion.
Under the terms of the transaction, GIC and Five Point Energy have committed to a framework to provide incremental equity capital to facilitate WaterBridge’s current pipeline of accretive acquisition and organic
Bowmark Capital, a mid-market private equity firm, is to sell Aston Lark, an independent insurance broker, to Goldman Sachs’ Merchant Banking Division.
Completion of the transaction is expected to occur following receipt of approvals from the Financial Conduct Authority and the Central Bank of Ireland, and antitrust approval.
Aston Lark, which was formed from the merger of Aston Scott and Lark in September 2017, is the UK’s fifth largest independent chartered insurance broker. It specialises in commercial insurance, private client insurance and employee benefit advice, and operates from 27 regional offices, serving over 100,000 customers and placing in excess
Triple Point Venture Fund has led a GBP1.3 million investment in UK-based messaging company Augnet Limited (Augnet) alongside a number of industry experts.
The funds will be used by Augnet to further develop the platform, support the testing stage and invest in its sales and marketing channels.
The global A2P SMS market is forecast to be worth US$70.32 Billion by 2020 (figures from Transparency Market Research). For companies dealing with time-sensitive or confidential information, the ability to trace and confirm whether or not a message has been delivered has substantial financial and cost-saving benefits.
Augnet has developed a unique technology
Pantheon has appointed Janice Ince as Principal to its Global Infrastructure and Real Assets Investment Team, based in Pantheon’s San Francisco office.
Ince will focus on North American investment opportunity sourcing, evaluation and execution. Bringing 18 years of experience in energy and infrastructure investment and analysis, Ince joins from SteelRiver Infrastructure Partners where she was a Principal focusing on North American core infrastructure investments.
Pantheon’s Global Infrastructure and Real Assets investment practice has enjoyed rapid growth since being established as dedicated investment strategies in 2009 and 2015 respectively. The investment heritage for each strategy extends back to 1997 when such
Livingstone’s Business Services sector team has advised the shareholders of Incendium Consulting, an independent corporate real estate (CRE) consultancy, on its sale to The Instant Group, a global provider of flexible property solutions.
Set up by its six founding Partners in 2015, Incendium provides large real estate services procurement, consulting, and change management programmes to blue-chip clients.
Incendium Managing Director, Mike Perkis, says: “Clients are struggling to drive value through their conventional real estate strategies and are increasingly looking to introduce an agile, innovative approach that matches modern business demands. They are searching for independent advice and a fresh approach that allows them to make informed choices in today’s much-changed market. We strive to offer that
Alternatives 4 Children (A4C), a Dutch alternative investment industry charity that has raised more than a EUR1 million since inception, is launching a UK chapter.
Guernsey’s Green Finance initiative was a big draw at last week’s Guernsey Funds Forum event in London (16 May) which saw more than 500 finance professionals from the City and beyond gather to hear about the Island’s funds offering.
The Ogier-sponsored event was the tenth annual conference for the Guernsey Funds industry in London. Group Partner Tim Clipstone, who attended the event as part of the Ogier contingent, says that Green Finance, the Private Investment Fund and the Island’s long-established track record on listed funds had been particularly strong talking points.
“It was an enormously positive event – there was
Quintain has successfully completed a GBP172.5m financing package with Cheyne Capital to support the development of the next phase of its development programme at Wembley Park.
The funding will support the development of the latest block in its Eastern Lands quarter, consisting of 458 homes and includes a multi-storey coach and car park that is being part funded by Homes England.
Angus Dodd, Chief Executive at Quintain, says: “Cheyne is an existing funder of the business on other phases under construction and we are delighted that it is continuing its support through co-funding the next development in the pipeline.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
