Latest News
Polaris Private Equity is to sell IT security and infrastructure business AddPro to European private equity firm Perusa.
In 2005, Polaris acquired a majority shareholding in Swedish AddPro, and the company has experienced significant progress through organic growth and an acquisition of the Danish IT company SNEX in 2012.
AddPro is a specialist in the areas of IT security and efficiency in both Sweden and Denmark.
”We founded AddPro in 2000 with a geographic focus on Southern Sweden, and the company grew rapidly and successfully to Gothenburg and Stockholm. In 2012, we established the company in Denmark, and
Osprey Capital’s second investment, following a re-financing of CAERUS Capital, has generated a return of 1.7x capital for investors to date.
Osprey retains a diluted minority holding.
The investment in CAERUS Capital Group, a specialist fund management and advice firm for advisers and consumers, was made in 2009. During this time the company has grown with more than GBP650 million now invested on behalf of clients.
Ronan Kearney, chairman of Osprey Capital Limited, who stepped down from the board of CAERUS Capital in November last year, says: “CAERUS Capital Group has been an excellent investment for Osprey Capital,
Wexford Capital has selected SS&C GlobeOp to provide an expanded suite of services including middle- and back-office, regulatory reporting and investor solutions for the firm’s private equity funds and hedge funds.
Wexford, headquartered in Greenwich, Connecticut, manages over USD4 billion in assets.
SS&C GlobeOp previously delivered various back-office services to support Wexford's hedge funds. The terms of the revised agreement will allow Wexford to leverage many of SS&C's capabilities to act as an outsourced operational, middle- and back-office provider and fund administrator. SS&C will hire a number of Wexford employees to augment the team that will service Wexford.
Los Angeles-based private equity firm Levine Leichtman Capital Partners (LLCP) has partnered with management to complete the acquisition of Smith System Driver Improvement Institute.
Based in Arlington, Texas, Smith specialises in accident avoidance training for fleet vehicle drivers.
Smith has trained millions of drivers in over 100 countries and in 22 languages through its on-road, classroom, e-learning and new technology-based training and driver improvement programmes.
Smith is the third investment from Levine Leichtman Capital Partners Fund V.
Lauren Leichtman, co-founder and CEO of LLCP, says: "Smith System is a truly unique company offering its customers programs and
Mid-market M&A firm Cavendish Corporate Finance has advised on the sale of The Communications Agency (TCA) to Communisis, a provider of personalised customer communication services.
TCA, which was founded over 25 years ago, is an agency that specialises in brand response and customer relationship marketing. The company’s clients include RBS, American Express, Vue and Argos.
The acquisition offers scope for growth and revenue synergies with the Communisis’ existing client portfolio and the cross-selling of other marketing services in social media, video, digital development and content marketing.
TCA, which is based in London, has 42 employees, all of whom
Private equity firm Palatine has completed the management buyout of Surrey-based seismic consultancy firm The EPI Group.
Palatine is backing the incumbent management team, led by CEO Edward Bowen. As part of the deal Ian Langley, who Palatine backed as chairman of Air Energi, will join the board.
This deal is the sixth investment from Fund II, which held its final close in June 2013 at GBP150m.
EPI is a provider of consultancy services to the energy industry, covering a broad range of technical disciplines including specialist knowledge of seismic quality control. EPI provides consultants whose specialist capabilities, experience and
Law firm White & Case has added further strength to its UK banking practice and intensified its focus on private equity sponsors with the arrival of new partner Martin Forbes in the London office.
“With the addition of Martin, a finance lawyer with a career built on advising private equity sponsors, White & Case is continuing to build its already strong UK bank finance practice,” says White & Case partner Eric Berg, global banking practice leader. “Following the recent arrival of new banking partner Colin Harley, who also focuses on advising borrower-side clients, it further demonstrates our commitment to developing
LTCG, a specialist in business process outsourcing for long-term care insurance, has been acquired by Stone Point Capital, a private equity firm focused on investing in the global financial services industry.
This acquisition furthers Stone Point’s strategy of backing companies in the insurance and insurance services sectors.
Originally founded in 1996 as the Long Term Care Group, LTCG is the largest provider of outsourcing and claims management to long-term care insurers in the US. In addition, LTCG provides clients with advanced risk management insight built upon its proprietary long-term care underwriting and claims databases.
“We are very excited
Sycamore Partners has closed its second fund, Sycamore Partners II, with limited partner commitments of USD2.5 billion.
Sycamore Partners' first fund, Sycamore Partners LP, closed in 2012 with limited partner commitments of USD1 billion.
With the closing of its second fund, Sycamore Partners now has in excess of USD3.5 billion in assets under management.
"We are grateful for the positive and enthusiastic response we have received from our existing and new limited partners. With this new fund we continue to focus on our historically successful investment strategy of partnering with the very best consumer and retail executives to
Nordic Capital Fund VIII is to acquire the majority of the Swedish fashion retail chain Gina Tricot from existing shareholders, and will inject new equity to strengthen its financial position.
The founding Appelqvist family remains a significant shareholder. Göran Bille will take over as CEO, in connection with Jörgen Appelqvist's transition into his future role on the board of directors.
Gina Tricot is a Swedish fast fashion retail chain that comprises 180 stores across Sweden, Norway, Denmark, Finland and Germany. With a growing online presence, Gina Tricot also reaches women in 28 countries across Europe. Founded in 1997, the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
