Latest News
UK mid-market buyout house Dunedin has taken a significant minority stake in Blackrock Programme Management (Blackrock PM), a provider of independent expert witness and construction consulting services for large, international construction projects.
The London based company has increased turnover tenfold from GBP1 million to GBP10 million between 2010 and 2014, and is expecting further significant growth in 2015.
Blackrock PM has a strong pipeline of high profile contracts and is currently advising on over USD4 billion of construction disputes. The company has advised on many high profile projects in London and globally including The Shard, Blackfriar’s Bridge, Heathrow
Bain Capital portfolio company Apex Tool Group has closed the acquisition of China-based Shanghai Yecen Auto Technology.
The deal, a highly strategic automotive sector acquisition in the Asia Pacific region for Apex’s SATA Tool (Shanghai) Limited subsidiary closed on 30 March and was financed with cash on hand in China.
Yecen’s wheel aligner and automotive lift product lines now will be part of Apex’s broad SATA brand portfolio; SATA is China’s number one brand in the professional hand tool industry and one of the major suppliers to the hand tool market in China. Yecen is a leading solutions provider
Weinberg Capital Partners has acquired French office supplies nd office furniture distributor Brunei from Argosyn.
Halisol Groupe and SGPA, two privately- held companies, have co-invested alongside with Weinberg Capital Partners. They will also support the management team in their growth strategy.
With a EUR300m turnover of which 60% through online sales, Bruneau is the French leader of e-commerce in the sector of B2B office supplies and office furniture. The Group employs around 800 people and has been able to seize strong market shares in France and Belgium.
With a range of 28,000 references in office furniture, consumable items,
Black Mountain Systems, a developer of data and process management solutions for asset managers and financial institutions, has completed a majority recapitalisation, led by existing management and funds managed by Stone Point Capital.
By combining Black Mountain's highly customisable Everest platform with Stone Point's relationships and expertise in financial services, Black Mountain is well positioned to advance its mission of bringing growth and innovation to investment professionals. Additionally, this transaction will enable Black Mountain to hasten its pace of expansion and allow its management team to deploy additional resources for a broader roll-out of its product- and service-based solution offerings.
Private equity firm San Francisco Equity Partners (SFEP) has acquired a majority stake in beauty company Japonesque.
SFEP is partnering with current Japonesque owner Karen McKay, an industry leader in the beauty tools category, to capitalise on the extraordinary momentum in the business.
Japonesque is a company with a deep heritage of creating cutting edge beauty products inspired by the professional makeup tools used in Kabuki theatre in Japan. Japonesque’s product line includes makeup brushes, eyelash curlers, tweezers, makeup cases and other beauty accessories. The company has recently launched into color cosmetics with great receptivity from retail partners, consumers
Joe Truelove (pictured), Head of Fund Services at Carey Group explores the uses of offshore stock exchanges, such as the Channel Islands Securities Exchange…
The key reasons for listing a company on an offshore stock exchange are in principle the same as those of listing a company on an onshore exchange – to raise capital or to give existing shareholders an opportunity to sell their shares to unknown third parties in a transparent manner.
Both the Channel Islands Securities Exchange (CISE) and the Cayman Stock Exchange (CSX) are exchanges recognised by HMRC. Under the Individual Savings Account (ISA) rules, investors
Ogier has advised Sky on the sale of an 80% stake in its online betting and gaming business, Sky Betting & Gaming (Sky Bet), to funds advised by CVC Capital Partners and members of the Sky Bet management team.
The deal valued Sky Bet at GBP800 million.
Ogier teams provided advice on Jersey law issues and laws within the Bailiwick of Guernsey. Ogier group partner Simon Dinning led the Jersey aspects with Alex Curry in Jersey, while Frances Watson and James Cooke covered the Bailiwick of Guernsey laws.
Simon Dinning, says: “We were delighted to assist Sky and
Kinetics Energy Services has closed a private equity financing with Natural Gas Partners, through its affiliate, NGP Natural Resources XI (NGP).
Kinetics is focused on acquiring, integrating and growing North American energy services & equipment companies providing well completions and production enhancement.
Chaden Lassoued, Chief Executive Officer of Kinetics, previously spent two decades in key leadership roles with Schlumberger Limited, undertaking assignments in the Middle East, North America, Latin America, Europe, Africa and Asia. Most recently, Lassoued served as President of Well Intervention where he led more than 9,000 employees and had responsibility for approximately USD3 billion in global revenue.
idverde, a French provider of landscape construction and grounds maintenance services, has acquired The Landscape Group (TLG), a leading ‘green service’ provider in the UK.
idverde was advised on the transaction by Livingstone’s Business Services sector team.
idverde was created in February 2014 following the buy-out of the French landscape construction and grounds maintenance activities of international service group ISS, backed by Paris-based investor Chequers Capital. Chequers has supported idverde’s acquisition of TLG from London-based mid-market investor Elysian Capital, consolidating the group’s position as the first green services specialist operating in several European countries.
idverde is the largest landscape construction
GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners, is to acquire an 80.1% interest in Philips' combined LED components and Automotive lighting business, Limiteds.
Philips will retaining the remaining 19.9% interest. The transaction values the business at an enterprise value of approximately USD3.3 billion. The transaction is expected to be completed in the third quarter of 2015, subject to closing conditions, including customary regulatory approvals.
Following the transaction, the new company will continue under the name Lumileds, led by CEO Pierre-Yves Lesaicherre. Philips will remain an important customer of Lumileds and will continue the
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
