Latest News
Independent fiduciary and administrations solutions provider VG has promoted Claire Malkoun, Director of Business Development, to Board level, bringing the total number of VG main Board members to ten.
Malkoun is an experienced business development professional with over 26 years’ offshore and onshore sales and marketing experience. She joined VG in 2016 having previously worked at leading international law firm Ashurst in Dubai and London and Ogier in Jersey and London. As Director of Business Development, Claire is responsible for Business Development, Marketing and PR across VG, with a remit to develop new and existing clients and intermediary relationships globally
Guernsey Finance is seeking a new specialist in business development overseas as Deputy Chief Executive Kate Clouston has announced plans to move on to a new business development role within the island’s finance industry.
Clouston (pictured), who is to take on the role of global relationship manager with offshore law firm Collas Crill next year, joined the promotional agency for the Guernsey Finance industry in early 2015, and although she had a non-financial services background, has been credited for making significant progress in the Asian and US markets. She has spent significant periods on the road with Guernsey Finance, particularly
Technikraft, a chemicals business which supplies own-label products to industry, has secured a significant investment from PHD Equity Partners to help to drive its growth.
Technikraft produces over 800 different formulations including cleaners, fuel additives, anti-corrosion and lubrication products. The company, which is based in Humber, serves clients in the UK and overseas including multinational oil companies, automotive manufacturers, engineering firms and wholesalers. The business provides a complete service, from developing and packaging the product to providing health and safety advice.
Established in 1987 by two industrial chemists, Graham Walker and Malcolm Gibson, Technikraft now employs 57 staff at its
O’Melveny has represented leading global IT services provider ConvergeOne Holdings, Inc. (Nasdaq: CVON) in its acquisition of Advantel Networks, a solutions integrator that delivers security, data centres, storage and virtualisation, unified communications, contact centres, cloud and integrated and managed services, to businesses worldwide.
ConvergeOne serves as a trusted advisor to more than 10,000 customers, including 62 per cent of the Fortune 100 and 48 per cent of the Fortune 500 customers across the healthcare, finance, manufacturing, education, and energy industries.
As a result of the acquisition, Advantel is now Advantel, a ConvergeOne Company. As part of the transaction, O’Melveny
Mid Europa Partners (Mid Europa) is to sell its holding company which owns 99.8 per cent of Polskie Koleje Linowe (PKL) to the Polish Development Fund (PFR).
The transaction, which represents the largest private equity exit in the mountain leisure & tourism sector in Poland, is subject to inter alia customary competition authority clearance and is expected to close later this year.
PKL is the largest and the longest established cable car, funicular, ski lift and ski slope service provider in Poland, with presence in seven locations in the Polish mountains, including the flagship operations at the iconic Kasprowy
The private equity division of Imara Holdings Limited has, over the last twelve months, sourced, structured and invested circa USD4.5 million, on behalf of a European Family Office client, into Zambezi Berry Company (ZBC).
This investment is in-line with Imara’s strategy to invest in high quality management teams, in scalable projects that can deliver high returns on capital. The transaction was originated through Imara’s on the ground footprint (six offices in Africa).
ZBC is located near Chisamba, 20km North of Lusaka, Zambia. ZBC is a joint venture between Zambezi Ranching Cropping, one of the largest agri-businesses in Zambia,
Foresight Group (Foresight) has made a GBP2.5 million growth capital investment in Accrosoft Limited on behalf of VCT funds it manages.
Based in Loughborough, Accrosoft is a software-as-a-service company with two products currently in the market, Vacancy Filler, an Applicant Tracking System which automates the recruitment process for organisations, and Weduc, an engagement tool to enable parent-teacher communication.
Accrosoft was founded in 2008 by Alex Khakbiz and Mitesh Chauhan, experienced SaaS entrepreneurs. Vacancy Filler, launched in 2013, automates much of the recruitment management process for businesses. The product now boasts over 200 customers across a range of sectors, including
HeleCloud, an IT consultancy and managed services provider specialising in highly sophisticated Cloud strategy, implementation, migration and operation services, has secured a GBP2 million minority investment from BGF to further accelerate its growth strategy.
The funding will support the company’s services portfolio expansion, the establishment of its presence into further European territories, and the development of new Cloud capabilities. HeleCloud was founded in 2016 and has grown rapidly and currently has more than 50 employees. It has an exceptional reputation and has already worked on projects with global corporations and household names, and references market disruptors such as Viber, the
Bain Capital Private Equity is to acquire a majority stake in Rocket Software, a global technology provider and specialist in enterprise modernisation and optimisation solutions.
The enterprise value of the transaction is approximately USD2 billion. Rocket Software will continue to operate under its current management team, led by President and Chief Executive Officer Andy Youniss.
“We are excited to partner with Bain Capital as we get ready to launch our fourth decade of growth,” says Youniss. “Rocket solutions help organisations get the most from their data and achieve ‘digital literacy’ through modernisation, which is the fuel they need to compete
Funds managed by affiliates of Apollo Global Management are to acquire an approximately USD1 billion portfolio, including assumed obligations, of predominantly equity investments in energy assets from GE Capital’s Energy Financial Services unit.
The equity portfolio comprises approximately 20 investments in renewable energy, contracted natural gas fired generation and midstream energy infrastructure assets, primarily in the US. In connection with this transaction, the parties will seek to form an ongoing relationship with respect to select future new energy infrastructure investments. Financial details of the transaction are not disclosed.
Alec Burger, President of GE Capital, says: “The sale of this
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
