Latest News
Private equity fund Teakwood Capital has closed Teakwood Capital III, accepting subscriptions of USD90m on a target of USD75m.
The fund secured commitments from endowments and institutional investors as well as family offices.
Fund III closed in six months without a placement agent.
"We are very pleased with the progress we've made building Teakwood Capital into a high-performing private equity firm. Teakwood brings together superior deal flow and decades of expertise in rapidly growing companies, and when combined with world-class management teams, Fund III allows us to double-down on a proven strategy,” says Shawn Kelly, managing director of
KKR, together with management, has acquired majority ownership of Sedgwick Claims Management Services for USD2.4bn from previous investors Hellman & Friedman and Stone Point Capital.
Additionally, Stone Point Capital has joined the investment as a minority equity partner.
"With the strategic resources of KKR now in our corner, the future of Sedgwick has never looked brighter," says David A. North, president and CEO of Sedgwick. "Further, that our longtime partner Stone Point Capital has chosen to invest in Sedgwick for the third time demonstrates their confidence in our business model and industry-leading best practices. My colleagues and I look
The Resolute Fund, together with certain additional funds managed by The Jordan Company, has completed the sale of Haas Group to Wesco Aircraft Holdings for USD550m in cash.
Resolute made its initial investment in the growing and under-penetrated chemical supply chain management (CSCM) industry with the acquisition of ICMS Holdings (d/b/a Avchem) in 2006, and increased its investment in CSCM through the acquisition of four targeted businesses – including Haas TCM in 2007.
The combined entities, which conduct business as Haas, provide global chemical supply chain management and integrated supply solutions for the commercial aerospace, airline, military, energy, and
Private equity funds managed by Blackstone will inject EUR150 million of fresh capital into GIVI Holding SPA and Gianni Versace SPA (together Verscae) and will acquire EUR60 million in stock from GIVI in the process.
Versace chose Blackstone to participate in the next phase of the Company’s development after a rigorous process of selection. On completion of the transaction Blackstone will own 20 per cent of the Company – implying a total enterprise value of EUR1 billion – and it will have one seat on the Company’s Board.
The Versace family will remain at the heart of the Company, with Allegra
Bowman Power, the waste heat recovery technology business, has secured GBP3m (USD5.0m) of additional funding from existing shareholders including Octopus Investments, Fjord Capital and a number of angel investors.
The round was heavily oversubscribed.
The funding will primarily be used for the global expansion of this fast growing business. Bowman is looking to enlarge its global footprint and develop new products thanks to the capital injection. In particular, the funds will be used for additional marketing associated with an expanding worldwide distributor network for Bowman’s innovative energy recovery technologies. Bowman now has a total of six distributors globally.
Company
The Riverside Company has acquired Optima and its related companies (Mec3), a developer, manufacturer and marketer of ingredients for gelato, pastry and other foods.
Based in San Clemente, Italy, Mec3 sells internationally and enjoys a reputation for quality products, continuous innovation and reliable customer service).
With annual revenues of around EUR100 million, Mec3 has become a leader in gelato and pastry ingredients through an innovative and authentic approach to providing ice-cream makers around the world with a full range of products from its exceptional production facilities. Mec3 serves more than 60,000 customers, helping them to deliver an authentic Italian
Australian private equity firm, CHAMP Private Equity, has appointed John Haddock as its first Chief Executive Officer.
Haddock will retain his present position of Managing Director, and continue his active role in deal flow generation and portfolio management. As CEO he assumes the additional responsibility for the overall management of CHAMP’s investment program together with the day-to-day management of the firm.
Founding partners Bill Ferris and Joe Skrzynski, says: “John’s passion for private equity and obvious pleasure in achieving outstanding results for investors, his extensive private equity experience and deep commitment to the CHAMP philosophy, admirably suit him for this
Lampert Capital Markets has appointed Tobias Lenza as Managing Director – Equity Capital Markets.
Lenza will spearhead the firm’s expansion into providing a differentiated equity product to institutional and retail investors on managed offerings as well as formalize syndicate relationships with key investment banks.
Lenza brings nearly two decades of experience in equity sales and trading. Lenza served as a NASDAQ market maker responsible for over 100 securities as Head Trader of Savant Trading. Since that time, Lenza has been actively involved in equity capital markets at a number of firms engaging in both public and private equity transactions. According
An affiliate of private equity investment firm HIG Capital has completed the acquisition of American Pacific Corporation (AMPAC), a manufacturer of fine and specialty chemicals, in a take private transaction.
Headquartered in Las Vegas, NV, the Company operates under two primary business segments. The Fine Chemicals segment is a market leader in the manufacture of pharmaceutical ingredients, including active pharmaceutical ingredients and registered intermediates. The Specialty Chemicals segment is the sole North American producer of ammonium perchlorate, the mission-critical oxidising agent for solid propellant rockets, booster motors and missiles used in government and commercial aerospace and defence programs.
Joe Carleone,
Law firm White & Case has advised UK and Ireland logistics operator DX (Group) on the pricing of its initial public offering and admission to the AIM market of the London Stock Exchange.
The associated share placing values DX, a portfolio company of private equity firm Arle Capital Partners Limited since 2006, at around GBP200m.
The proceeds of the placing will be used to repay existing senior debt, shareholder loans and private equity investors.
Admission to AIM will allow the company to invest in service developments for its customers, enhance its reputation and add further credibility to its
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
