Latest News
Dutch start-up bloomon has raised USD23 million (EUR21.4 million) in Series B financing, bringing the total investment to USD27.4 million (EUR25.5 million) in two years.
The financing was led by Benelux venture capital firm Fortino Capital. INKEF Capital, Partech Ventures and bloomon’s angel investors also participated in the round.
Positioned in the Netherlands, the heart of the world’s largest flower export industry, online flower delivery service bloomon launched in Amsterdam in November 2014. Disrupting the traditional grower-auction-wholesaler-store supply chain, it delivers fresh flowers directly from the grower to the customer. This approach – 80 per cent shorter supply chain
- 08/02/2017
Private equity firm ORIX Capital Partners has sponsored a private equity investment and acquired Hoffman Southwest Corp (HSW), a provider of water flow inspection, repair and cleaning services.
A former portfolio company of the private equity firm Sterling Partners, HSW provides underground pipe inspection, trenchless pipe repair, excavation and cleaning services for municipal and utility customers under the Pro-Pipe brand, and plumbing, drain cleaning, trenchless pipe repair and water restoration services for commercial and residential customers as the largest franchisee of the Roto-Rooter brand.
The company’s existing executive management team, including CEO Mark Burel and CFO Bruce Lux, will
- 07/02/2017
- 07/02/2017
Clayton, Dubilier & Rice is to sell Mauser Group, a supplier of industrial rigid packaging products and reconditioning services, to Stone Canyon Industries (SCI) in an all-cash deal valued at USD2.3 billion.
SCI, through its subsidiary BWAY Corp, manufactures rigid metal and plastic containers.
“Mauser is an exceptionally well-positioned business that has delivered strong and consistent performance under our ownership,” says CD&R partner David Novak. “We believe that this transaction will benefit the market position and long-term growth prospects for both companies and prove to be rewarding for their employees and valued customers.”
Under CD&R’s ownership, Mauser achieved
- 07/02/2017
Emlen Harmon has joined JMP Securities as a managing director and equity research analyst following regional banks.
He is based in the firm’s New York office.
Earlier this month, Harmon initiated coverage of nine companies: Associated Banc-Corp; BancorpSouth, Inc. First Horizon National Corporation; First Republic Bank; Hancock Holding Company; IBERIABANK Corporation; Synovus Financial Corp; Texas Capital Bancshares, Inc; and Zions Bancorporation.
“Emlen is an important addition to our financial services franchise,” says Tom Wright, director of equities at JMP Securities. “He is well regarded by institutional investors, and his research on regional banks will significantly expand JMP’s coverage
- 07/02/2017
- 07/02/2017
HIG Growth Partners’ portfolio company Centerfield Media has acquired Qology Direct.
Centerfield is a digital media company that leverages its proprietary technology platform, Dugout, to optimise the customer acquisition process by identifying high value and intent driven consumers at scale across a variety of digital media platforms including search, display, social and others.
Qology’s customer acquisition and conversion capabilities will enable Centerfield to offer a fully integrated sales and marketing solution controlling the consumer experience from initial touch point all the way through completed sale, delivering new customers at scale to some of the biggest brands worldwide.
“When
- 07/02/2017
Private equity firm Bregal Sagemount has held the first and final close of Bregal Sagemount II at the hard cap with total commitments of USD960 million.
Sagemount II was oversubscribed and significantly exceeded the original USD800 million target.
Sagemount II will continue Bregal Sagemount’s strategy of providing flexible capital and strategic assistance to companies in high-growth sectors across a wide variety of industries and transaction situations.
Bregal Sagemount is part of Bregal Investments, which is a global private equity group with offices in New York, Dallas, London, Munich and Jersey. Investment vehicles associated with Bregal are the sole
- 07/02/2017
The TIIC infrastructure group has completed the sale of NDI Autostrada (NDIA) to Arcus Infrastructure Partners and APG Asset Management.
TIIC, together with Grupa NDI, jointly owned NDIA.
NDIA holds a 25.31 per cent stake in Gdańsk Transport Company, the concessionaire managing the A1 northern section of the AmberOne A1 motorway concession in Poland.
- 07/02/2017
European financial services private equity firm AnaCap Financial Partners is to acquire a portfolio of Italian performing and non-performing corporate secured loans from Barclays.
The portfolio, which has a gross book value of EUR177 million, comprises loans to primarily small and mid-sized corporates secured against real estate located mostly in the north of Italy.
The agreement follows AnaCap’s Credit Funds’ acquisition last year of three portfolios of unsecured and secured NPLs from GE, RBS and UniCredit, totalling close to EUR2.5 billion.
Last month, AnaCap Private Equity Funds also announced the signing of an agreement with Barclays to acquire
- 07/02/2017
Alantra has advised the shareholders of Bulldog Gin in the sale of the brand to Gruppo Campari for GBP55 million, plus working capital and assumed liabilities for GBP3.4 million.
The agreement foresees the possibility of an earn-out payable upon the achievement of certain incremental sales volumes according to agreed volume targets.
The deal leaves cash-on-hand and other assets on Bulldog’s balance sheet, resulting in approximate proceeds of GBP70 million at closing to Bulldog’s shareholders.
The closing is expected by mid-February 2017.
Launched in the US in 2007 and subsequently in Europe, Bulldog Gin is, according to IWSR,
- 07/02/2017
MedScience Ventures (MSV), an emerging medical technology and life sciences venture capital firm, has made its initial investments in the dermatology, disinfection, medicinal cannabis, cardiovascular and renal sectors.
MSV identifies outperforming early stage companies with disruptive technologies, obtains licensing rights, and makes equity investments in these fast-growing sectors.
“The increasing digital role of emerging medtech and life sciences companies, as well as important global policy changes, are creating new opportunities for this industry,” says Christopher Ford, founder and general partner. “We look forward to identifying disruptive technologies that will produce the next giant step forward in solving urgent unmet
- 07/02/2017
- 07/02/2017
Special Reports
Featured
- Intel
- May 10, 2024
- Intel
- May 9, 2024
- Intel
- May 8, 2024
- Intel
- May 7, 2024
- Intel
- May 3, 2024
Events
16 May, 2024 – 8:30 am
16 May, 2024 – 5:30 pm
05 June, 2024 – 8:30 am
12 September, 2024 – 8:30 am
