Latest News
Private equity firm GTCR has acquired Callcredit Information Group in partnership with the company’s management team.
Callcredit is a provider of consumer credit data solutions and software and analytics services in the UK.
GTCR is partnering with CEO John McAndrew, managing director Graham Lund, and the rest of Callcredit’s existing management team to invest behind the technology-enabled business.
Founded in 2000 within Skipton Building Society, Callcredit is a credit reference and marketing services provider for over 3,000 customers, including the UK’s largest financial institutions and organisations in the alternative lending, insurance, telecom, utilities and public sectors, among others.
Gaw Capital Partners USA has appointed Roman Nemtsov as senior vice president, investments.
Nemtsov will be based in the soon-to-be opened Chicago office and is responsible for US investments for the firm, focusing on overseeing Gaw Capital's recently established hospitality venture, as well as development of new joint ventures.
Additionally, Nemtsov will assist in overseeing the operations of Gaw Capital US Value-Add Fund.
Prior to joining Gaw Capital Partners, Nemtsov was a consultant and founding member of RV Kuhn's real estate consulting group. He served as a lead consultant on RVK's largest state and municipal public funds, endowment
The highest economic growth experienced in the UK economy since 2007, combined with rising deal volumes in Q4 2013, have seen multiples paid by private companies surge 30 per cent year on year, according to BDO’s latest Private Company Price Index/Private Equity Price Index (PCPI/PEPI).
While Q4 2013 has been a particularly strong quarter, BDO are confident that activity in the M&A market will continue this strong rise in 2014.
The manufacturing sector is driving the growth in private deals with deals such as Senior Plc’s acquisition of aerospace components manufacturer Thermal Engineering Holding in December 2013, attracting a
Private equity co-investment programmes will continue to grow in popularity but investors face significant downside risk if they are poorly executed, according to Altius Associates’ annual survey.
In Europe, the report – The Key Challenges facing the private equity sector in 2014 – cites one of the key challenges as how to maintain investment and pricing discipline whilst deploying a significant amount of dry powder.
Turning to Asia, Altius counters the prevailing perception that cash distributions are continuing to slow down with managers struggling to return capital and recommends investors continue to grow their programmes in a disciplined and
MPM Capital and Atlas Venture’s portfolio company CoStim Pharmaceuticals has been acquired by Novartis for an undisclosed amount.
CoStim, founded in 2012 by MPM managing director Luke Evnin together with MPM managing director-operations Robert Millman, is an emerging immuno-oncology company developing monoclonal antibody drugs that enable a patient's own immune system to better fight cancer.
"I am thrilled that we were able to bring together compelling science with a world class team to build the premier biotech company developing a focused and highly attractive pipeline of antibody agents directed to costimulatory targets for the treatment of cancer," says Millman.
A company backed by European private equity firm Permira has completed the acquisition of more than USD200m of the outstanding equity of LegalZoom, a provider of online legal document preparation services.
The Permira funds are now LegalZoom’s largest shareholder and will appoint a majority of the company’s board of directors.
LegalZoom’s management team and Institutional Venture Partners have maintained the vast majority of their ownership stakes in the company, while Kleiner Perkins Caufield & Byers has maintained its entire stake. Polaris Venture Partners maintained a portion of its ownership in the company.
Omnes Capital has sold its stake in the Melkonian Group, a provider of mining and underground works equipment, to the founding family as well as Bpifrance, Amundi PEF and Sofipaca.
Based in Aix-en-Provence (Bouches-du-Rhône), the Melkonian Group is a family-owned company that designs, manufactures and sells equipment and spare parts for extracting and transporting minerals in the hard rock underground mining segment. Its offer includes the sale and construction of new or reconditioned equipment and the supply of spare parts and accessories.
Omnes Capital had acquired an equity interest alongside the Melkonian family in the Melkonian Group as part
Pine Brook, a New York-based investment firm focused on building businesses in the financial services and energy sectors, has closed its second fund, Pine Brook Capital Partners II.
With total capital commitments of USD2.43bn, the fund exceeded the firm's target of USD2bn.
Fund II has made five investments to date totalling USD300m.
The new fund will have nearly 70 per cent more committed capital than the firm's USD1.4bn debut fund, with about half of the commitments coming from existing investors. New investors include public pensions and endowments from the US, as well as investors from China, Europe and
Management consulting firm Kurt Salmon has named Bruce Cohen, a senior partner in its retail and consumer products group, as head of its private equity and strategy practice.
In his more than 20 years of consulting experience in the retail and consumer products industry, Cohen – whose new title is in addition to his role as North American practice director – has worked with private equity sponsors, executives and boards on due diligence, mergers and acquisitions, and on developing and implementing strategies to drive profitable growth.
His clients span the private equity industry, from the largest funds globally to
An affiliated investment fund of financial services private equity firm Lightyear Capital is to sell Antares Holdings, a specialist insurer and reinsurer operating in the Lloyd’s market, to Qatar Insurance Company SAQ.
Through Antares Syndicate 1274 the company underwrites a worldwide diversified range of property, casualty, marine and aviation insurance and reinsurance business through Lloyd’s, the world’s largest insurance marketplace.
Lightyear’s chairman and founder Donald B Marron says: “Lightyear was able to identify an opportunity to reposition Antares as a Lloyd’s syndicate in order to enable the company to access the optimal platform for its clients and for writing
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
