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Lotus Clinical Research (Lotus) of Pasadena, California, has entered into a private equity partnership with DFW Capital Partners and has added Jeffrey Kinell and Kurt Brykman to its board of directors in conjunction with the investment.
Kinell was previously the CEO of Bracket Global, a leader in the clinical trials technology space, and CEO of CRI Lifetree, a leader in clinical trials for special populations (subsequently acquired by PRA). Brykman was previously a divisional president of PAREXEL International, the third-largest CRO worldwide, and COO of Medpace, a specialty CRO which provides expertise in executing scientifically challenging trials.
Lotus is an internationally
Palatine Private Equity has completed the secondary buyout of CET UK, a specialist provider of infrastructure and property assurance services.
Palatine has taken a majority stake in the company, which employs over 470 staff and was established in 1989 in Castle Donington. The deal was supported by debt and working capital facilities from Clydesdale and Yorkshire Bank Acquisition Finance and Beechbook Capital.
The property assurance arm of the business provides specialist claim response, property risk investigation and issue mitigation services for the UK insurance claims sector. CET’s infrastructure division operates from a nationwide network of regional offices and UKAS
SteelEye, a compliance technology and data analytics firm, has completed a GBP2.9 million fundraise extension led by capital markets venture capital firm, Illuminate Financial, bringing the total seed funds raised to GBP5.7 million.
The funding will help drive the expansion of SteelEye’s products and services and its ability to serve a growing client base during a time of rapid regulatory change.
SteelEye’s innovative cloud based solutions helps clients to solve compliance challenges for MiFID II, MAR, EMIR, Dodd Frank and other international regulatory obligations. SteelEye brings together order, trade, market and reference data along with communications (electronic and
Independent fund research company, Monterey Insight, has confirmed the Aztec Group is the leading fund administrator in Jersey for the third consecutive year, administering USD126.0 billion net assets and 181 funds.
The annual Monterey Report provides a comprehensive analysis of the Jersey funds industry and its service providers by giving an insight on both the number of funds advised and the total assets under management. It revealed 2018 was another strong performance for the island, as fund assets administered in Jersey increased to USD391.7 billion at the end of June 2018, a 20.9 per cent increase on 2017. Aztec Group
According to the Monterey Fund Report 2018, Mourant has once again maintained its leading position as the go-to legal adviser in Jersey’s funds industry, advising on over 46 per cent of all funds by market share of assets.
The firm, which has held the dominant position in Jersey for 19 consecutive years, advised on 791 funds in the last year with an overall value of USD361 billion and leads on all major tables, including 13 of the 18 categories. The report also highlighted that fund assets serviced in Jersey overall had risen to USD411.1 billion at the end of June
Private equity investor EmergeVest has consolidated ownership of six of the UK’s leading logistics companies to create EV Cargo, one of the UK’s largest providers of transport, logistics and freight-forwarding services and logistics technology, and a global supply chain company operating in more than 120 countries.
With GBP850 million of revenue annually, EV Cargo is now the largest privately-owned logistics business in the UK, providing mission-critical supply chain services to leading brands.
EV Cargo has been created by the consolidation of Adjuno, Allport Cargo Services, CM Downton, Jigsaw, NFT and Palletforce into a single corporate structure. The new firm
Livingstone has advised the management team of Feefo and London-based private equity house Vespa Capital on the management buy-out of the reviews and customer insights technology provider.
The transaction will see the acquisition of the shareholdings of the two co-founders CEO Andrew Mabbutt and CSO Matt Eames, along with that of Chairman Nicholas Wheeler.
The strengthened team now comprises Matt West as Chief Executive Officer, Richard Sawney, Chief Finance Officer and Paul Greatbatch, Technical Director.
“This deal is an important and significant milestone for Feefo, which is fast becoming one of the most disruptive and forward thinking technology
Mayer Brown’s Private Equity team has advised The Halifax Group and Management on the sale of Pirtek Europe, an on-site provider of hydraulic hose replacement and associated services across Europe, to PNC Riverarch Capital, a US-based private equity firm.
Transaction terms have not been disclosed.
Founded in 1988, Pirtek Europe has 185 service centres and 750 mobile units across the UK, Ireland, Germany, Austria, Belgium, the Netherlands and Sweden.
The Halifax Group, a leading Washington-based middle-market private equity firm who partner with managers and entrepreneurs to recapitalise and grow mid-market businesses, acquired a majority stake in Pirtek Europe
Carey Olsen has experienced the largest growth of any Jersey law firm in the number of investment funds it advises, according to Monterey Insight’s 2018 Jersey Fund Report.
The 24th edition of the annual report, which provides a comprehensive analysis of all funds domiciled, serviced or distributed in Jersey reported that Carey Olsen now provided legal advice to 670 such funds at the end of June 2018 – an increase of 162 (31.9 per cent) over the year. Significantly, no other Jersey law firm saw a bigger increase than 15 from the previous year.
In addition, for non-permit funds
Law firm Bedell Cristin has appointed Catherine Cadman as head of knowledge to lead its knowledge strategy.
In this newly created role, Cadman (pictured), will be based in the firm’s Jersey office and will have oversight of its global presence across six jurisdictions.
With more than 20 years’ leadership experience in knowledge management roles, at both onshore and offshore law firms, Catherine is tasked with maximising how knowledge is captured, shared and applied across Bedell Cristin.
The head of knowledge role has been created as a result of Bedell Cristin’s recent growth and an increased strategic emphasis on
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