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Zeus has made its first step into the Oil and Gas and Mining sectors with the appointment with immediate effect of Rob Collins as a Corporate Finance Director and Head of Natural Resources. Collins has been Head of Oil and Gas Banking at Evolution Group, and Head of Natural Resources at Canaccord, before joining GMP Europe.   Further appointments for this new sector team will be announced in due course.   Darren Ellis, COO of Zeus, says: “We believe that these sectors fit well into our strategy and that we are building a specialist team at the right point in
Property Partner – the property crowdfunding platform that allows anyone to invest in residential property at the click of a button – has completed a GBP15.9 million (USD22.4 million) funding round, taking the total amount invested in the company to GBP22.5m (USD31.7m). Launched barely a year ago in January 2015, Property Partner already boasts more than 6200 customers – who have together invested more than GBP24 million across 166 properties – and has been recognised by KPMG as one of the world’s top 50 emerging Fintech companies.   Property Partner’s mission to make property investment available to all has now received a
Victory Park Richard Levy
Victory Park Capital (VPC), an investment firm focused on private middle market debt and equity investments, has promoted three experienced investment professionals, and made three new hires. The promotions are as follows: Gordon Watson, Partner. Watson helps oversee direct private debt and equity investments in the specialty finance sector. Based in New York, Watson joined VPC in 2014 and has 10 years of experience investing in a diverse range of alternative investments for middle market companies. Watson was previously a portfolio manager centered on distressed debt at GLG Partners, a London-based hedge fund manager. He joined GLG after it purchased
HIG Middle Market, the dedicated middle market investment affiliate of HIG Capital, has promoted Matt Lozow to Managing Director and hired Alok Sanghvi as a Managing Director. Matt and Alok will be leading HIG’s Business Services investment efforts. Matt has been a member of HIG’s New York Middle Market team since joining the firm in 2009. He has been a key player in several successful HIG investments including Surgery Partners, MagnaCare, SeaStar Marine and A10. Prior to joining HIG in 2009, Matt worked with private equity firms including Behrman Capital and Audax Private Equity focusing on late stage buyouts and
Altitude Partners, the regional private equity fund, has exited its investment in The Care Division Limited (TCD), to Alina Homecare (Alina), generating a return of 2.9x. Established in 2006  and with offices in Dorset and Hampshire, TCD is focused on providing a ‘Supported Living’ service for adults with learning disabilities, helping them to live happy and rewarding lives as part of their local community. Supporting Local Authority and an individual’s requirements TCD provides direct 24/7 support to many individuals along with specific client-focused support packages.   With Altitude’s support following the original 2013 investment TCD developed an advanced software system
Lonsdale Capital Partners has supported a management buyout of the Global Yachting Group (GYG), which includes the two established trading brands Pinmar and Rolling Stock and is one of the world's leading providers of services to superyachts. GYG's management team is led by former yacht captains, Remy Millott (Executive Chairman), Rupert Savage (CEO), and Peter Brown (COO), who will each make a significant investment in the business alongside majority stakeholder Lonsdale.   Headquartered in Palma, Mallorca, GYG specialises in painting and maintaining superyachts, and operates across Europe and the United States. It has provided services to many of the world’s
Beechbrook Paul Shea
Beechbrook Capital has launched the fundraising for its third private debt fund, Private Debt III, with a target of EUR200m-plus. First close is targeted for the second quarter of 2016, with a final close planned for later in the year. The third fund will follow the same successful investment strategy as the previous funds by providing private debt, including mezzanine and unitranche, to lower mid-market buyouts in northern Europe. The Fund aims to deliver a low volatility running yield with attractive risk-adjusted returns. There is already a growing pipeline of investment opportunities for the new fund.   Fund II, which
Samsonite International is to acquire Tumi for USD26.75 per share in an all cash transaction, valuing Tumi at an equity value of USD1.8 billion. “This is a transformational acquisition for Samsonite. It will meaningfully expand our presence in the highly attractive premium segment of the global business bags, travel luggage and accessories market,” says Ramesh Tainwala, Chief Executive Officer of Samsonite. “Tumi is a perfect strategic fit for our business. The brand is beloved by millions of loyal customers for its high quality and durable premium business and luggage products. We are excited about the tremendous opportunities this combination provides
Pinnacle Financial Partners has completed the previously announced purchase of an additional 19 per cent interest in Bankers Healthcare Group (BHG) for USD114 million. The transaction was funded with a combination of 860,470 shares of Pinnacle common stock and USD74.1 million of cash. As a result, Pinnacle now owns 49 per cent of BHG.   Consistent with previous expectations, Pinnacle funded substantially all of the cash portion of the incremental investment with short-term borrowings which it expects to repay with the proceeds of an offering of Pinnacle Bank-issued subordinated indebtedness. On 3 March, 2016, Pinnacle Bank agreed to issue an
Bregal Freshstream has invested in Taziker Industrial, a multi-discipline specialist contractor providing protective coatings, structural refurbishments and minor civils to the rail, road, marine and utilities industries. A family-backed business headquartered in Bolton, Taziker evolved out of a painting company set up by Tom Taziker in 1969 and today delivers its core services of steelwork, surface preparation and scaffolding across a variety of landmark structures, bridges and industrial complexes.   It now employs over 580 people across the UK and has provided bridge strengthening and maintenance on sites such as the Tay Bridge in Dundee and the Royal Albert Bridge

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