Latest News
Private equity investment companies have recovered strongly following the global financial crisis. Over one, three and five years, the average investment company in the Private Equity sector has returned an impressive 21 per cent, 66 per cent and 117 per cent, respectively, to 31 October 2017.
The average sector discount has narrowed significantly from 45 per cent at 30 November 2008 to 13 per cent at the end of October, a level many analysts believe offers value.
On Monday 6 November, the Association of Investment Companies (AIC) held a media roundtable with Andrew Lebus, Partner at Pantheon Ventures, responsible
Private equity firm Calculus Capital has invested GBP2.2m in Brighton-based Every1Mobile, the developer of a mobile communications platform that is helping to deliver measurable socio-economic inclusion programmes at scale across Africa.
Every1Mobile provides digital communication solutions and online community management to large corporates and international development agencies. The funding from Calculus, a leading EIS and VCT investor, will help Every1Mobile to continue development of its platform technology and increase the geographical scope and scale of its work.
Algy Williams, Every1Mobile CEO, says: “In emerging markets, major corporates are now moving socio-economic inclusion from the periphery to the very centre
CloudSense, a leading Salesforce-native, industry-specific cloud company, has secured a USD77 million growth investment from Vector Capital. The funding will be used to accelerate CloudSense’s rapid global expansion, especially in the North American markets, and to accelerate product innovation and development of enterprise focused vertical solutions.
CloudSense enables leading customer-centric enterprises worldwide to transform the way they sell, delivering capabilities to efficiently provide seamless one-to-one omni-channel customer experiences. Using CloudSense’s industry-specific platform, organisations can sell more, launch faster and reduce costs by producing the integrated, digital-first experiences today’s customers expect. Integrating into CRM, ERP and other systems, the CloudSense Platform provides companies
Etraveli, a flight-centric and data-driven online travel platform which was acquired by CVC Capital Partners’ Fund VI in August 2017, is to join forces with e-Travel.
Both Etraveli and e-Travel have seen rapid growth and expansion to a variety of markets in recent years.
Their geographical footprints have little overlap and make this transaction highly complementary.
Etraveli, based in Uppsala, Sweden, is a global e-commerce platform for flight tickets combining a leading position in the Nordics with a fast-growing international business. Etraveli conducts a majority of its business in Western Europe and the Nordics. e- Travel, based in
Redpoint Capital Group, an alternative credit manager focused on providing financing solutions to companies across an array of industries, has expanded its investment team with the appointment of Spring Hollis as a Portfolio Manager.
Hollis, together with Dan Adashek, will be responsible for managing Redpoint’s investments and structuring future transactions.
“We are thrilled to add Spring to the Redpoint team. Her experience on Wall Street investing in and financing multiple asset classes is exactly what we were looking for as we continue to grow our portfolio,” says Alex Dunev, Managing Partner of Redpoint. “The addition of Spring emphasises our
UK lower mid-market investor, Tenzing, has appointed John Messer and Mike Reynolds to its investment team.
Messer has joined Tenzing from Alchemy Partners. He began his career as a consultant at AT Kearney undertaking due diligence and merger integration projects before studying for an MBA at London Business School, interning at Goldman Sachs and Inflexion Private Equity, prior to joining Alchemy.
Mike Reynolds joins the Tenzing team from Rutland Partners, where he spent over five years gaining investment experience in the industrials, financial services and consumer sectors. Prior to this he worked in mid-market M&A advisory at Hawkpoint, now
PPB Capital Partners, a designer and administrator of alternative investment funds for the wealth management industry, has appointed Frank Burke as chief investment strategist.
Burke (pictured), will advise PPB Capital’s network of investment advisors on selecting best-of-class alternative investment products for its clients.
“We are pleased to welcome Frank to our growing team,” says Brendan Lake, chief executive officer of PPB Capital Partners. “Frank’s deep knowledge of alternative asset classes will provide our platform of private investments services increased breadth and depth. As one of the lead portfolio managers of Hatteras Funds, Frank brings a wealth of experience sourcing
Alternative Asset manager Ares Management closed approximately USD3.0 billion in investments commitments across 67 transactions during the third quarter of 2017.
Accruent/Genstar Capital – Ares served as administrative agent, joint lead arranger and joint book runner for a first lien term loan to support Accruent’s acquisition strategy and to refinance the company’s existing capital structure. Ares also served as administrative agent for a term loan and invested in the second lien term loan in connection with the transaction. Accruent is a leading provider of real estate and facilities management software serving customers across several industry verticals including retail, telecom, healthcare, higher education
Amundi Private Equity Funds (Amundi PEF), a key player in private equity, and Entrepreneur Venture, have acquired a minority stake in Greenoffice, a designer of innovative solutions for selective sorting, to support its international development.
Since its creation in 2004, Greenoffice has revolutionised selective sorting by designing innovative solutions that stand out by their attractive design, extreme simplicity of use and, more recently, integrated connectivity. The results are very convincing: sorting quality of close to 100% and productivity gains allowing businesses to lower their waste management costs by at least 25% and restaurants to significantly reduce waste. Driven by its
Dallas-based private equity firm CenterOak Partners has completed a majority investment in FullSpeed Automotive. Based in Greenwood Village, Colorado, FullSpeed Automotive is one of the nation’s largest independent franchisors of automotive quick lube centres.
President and Chief Executive Officer John B Adams and the existing management team will continue to lead the Company following CenterOak’s investment.
“We are pleased to partner with a strong and experienced management team that has demonstrated a proven ability to generate organic and acquisitive growth,” says Randall Fojtasek, Managing Partner of CenterOak. “FullSpeed Automotive represents an attractive opportunity to work with one of the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
