Latest News
American Capital’s portfolio company SMG Holdings has acquired Premier Food Services, a provider of outsourced food and beverage services in southern California.
SMG is a provider of entertainment and conference venue management services worldwide.
"As a global venue management company, SMG manages a large and broad portfolio of venues with exceptional diversity across event type, end market, attendee population demographic and geography," says Brian Graff, senior managing director at American Capital. "Its acquisition of Premier provides SMG with an attractive opportunity to expand its food service offering outside of its core portfolio of arenas, stadiums and convention centres into
Jeff Grabow has been named the new US venture capital leader for EY, a specialist advisor to entrepreneurs.
He will lead the overall US VC strategy as part of the firm's strategic growth markets practice, working with regional leaders to build strong relationships with both high-growth entrepreneurial companies and the VC firms that invest in them.
Grabow takes over the role from Bryan Pearce, who is now serving as global venture capital leader for the firm.
"Jeff has a deep understanding of the dynamics of the VC industry, and how those impact our clients' needs," says Herb Engert,
Private equity firm American Securities, in partnership with the existing management team, has completed its acquisition of Grede Holdings, a producer of cast, machined and assembled transportation market components.
Grede had been majority owned by a private investment fund managed by Wayzata Investment Partners. Financial terms of the transaction have not been disclosed.
“Grede has established a successful track record highlighted by strong revenue growth, best-in-class operations, reputation for quality and reliability, and our long-standing customer relationships,” says Doug Grimm, chief executive officer, Grede. “For the next chapter in the company’s evolution, we look forward to partnering with American
IDG Capital Partners has closed a USD586 million fund, IDG China Venture Capital Fund IV, focused on making early-stage technology, media and telecom (TMT) investments in China.
“We are thrilled to announce the close of IDG China Venture Capital Fund IV and to continue our long history of investing in China’s TMT sector,” says Hugo Shong, founding general partner of IDG Capital Partners.
The new fund exceeded its original target due to oversubscription by existing limited partners as well as strong interest from new investors. Investors included Breyer Capital, the global investment and venture philanthropy firm founded by Jim
Atlas Holdings’ portfolio company ASG, a specialty-packaging manufacturer, has acquired the Bydgoszcz, Poland-based beauty and personal care folding carton business of MeadWestvaco Corporation (MWV).
Terms of the transaction have not been disclosed.
Bydgoszcz is an important supplier of packaging to major global and regional consumer goods companies, including cosmetics and beauty brands. ASG, already one of the largest packaging suppliers for the home entertainment industry, will leverage the Bydgoszcz operation’s assets to expand its footprint in the European consumer-packaging market.
The acquisition is part of ASG’s multi-year strategy to develop additional packaging solutions for the beauty and personal
The attractiveness of the UK renewables market has decreased dramatically in the eyes of investors and developers, falling back to levels last seen in November 2012, according to EY's latest Renewable Energy Country Attractiveness Index (RECAI).
The quarterly report, which ranks the investment potential of 40 countries' renewables markets, has ranked the UK in sixth place behind the US, China, Germany, Japan and Canada.
According to the report, the UK has slipped a place for the second consecutive quarter. This is mainly due to conflicting signals over the future of support for renewables beyond the 2015 election, as well as the
Private investment firm Palladium Equity Partners has acquired, through affiliates, Q'Max Solutions, an oilfield services company with operations in Latin America, North America and Asia.
Terms of the transaction have not been disclosed.
Founded in 1993, Q'Max is a large independent oilfield services company focused on providing drilling fluids and solids control services to national and independent oil companies. The company's workforce of nearly 1,400 employees provides customised fluids and environmental solutions to challenges encountered in the drilling process. Its name "Q'Max" refers to "maximum flow from a wellbore" in engineering terms.
Chris Rivers, president and chief executive
Harald Quandt Capital (HQ Capital), a private investment group owned by the Harald Quandt Family of Germany, has appointed David Pierce as a managing director and head of Asia.
“David Pierce is an exceptionally experienced private markets investor,” says Axel May, a member of the HQ Capital board. “We are fortunate to have been able to bring him onto our team to help us grow our alternative investment firms, with a focus on developing investors and businesses in Asia.”
HQ Capital represents three financial services businesses – Auda International, Equita Management and Real Estate Capital Partners — focused on
Private equity firm Genstar Capital has completed the acquisition of US-based Pretium Packaging from Castle Harlan.
Pretium manufactures rigid plastic containers and closures that require significant technical expertise and proprietary tooling to manufacture.
Pretium uses its national manufacturing footprint, design and engineering capabilities to provide customised solutions to its customers in the food and specialty beverage, private label, pharmaceutical, personal care and household and industrial sectors.
The company sells its products to a diversified customer base ranging from Fortune 500 companies to smaller privately-owned businesses.
David Golde, who leads Genstar's packaging-related investing efforts, says: "Our investment in
Thomas Hirschberger, founder of Munich-based restaurant and bar chain Sausalitos, and EQT Expansion Capital II Limited have agreed to sell the Sausalitos Group to Ergon Capital Partners III.
The transaction is currently awaiting approval from the German competition authorities and is expected to complete in July 2014.
A team from CMS Hasche Sigle headed by lead partner Dr Oliver C Wolfgramm advised Thomas Hirschberger on all legal aspects of the sale. This included structuring and negotiating a reinvestment by Thomas Hirschberger in the Ergon Capital Partners acquisition vehicle.
Founded in 1994, Sausalitos is a casual gastro pub chain
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
