Latest News
Dyal Capital Partners has acquired a passive minority interest in Scopia Fund Management from members of the management team.
Based in New York, Scopia is an alternative asset management firm with approximately USD3.4bn of assets in long/short equity strategies.
Under the terms of the transaction, Scopia will retain complete control over its management, operations and investment process. It will continue to be led by Matt Sirovich and Jeremy Mindich, managing partners and co-portfolio managers, and the rest of the existing management team. Following the transaction, Scopia’s equity will be owned solely by the management team and Dyal.
Sirovich says: "We
The IFG Trust and Corporate Group has concluded its acquisition of Moore Group following receipt of regulatory approval from the Jersey Financial Services Commission (JFSC).
The acquisition marks a significant development in the group’s growth strategy within the international fund sector and adds the Far East to its geographic locations.
This is the first acquisition since IFG Trust and Corporate Group’s MBO in July 2012 when it separated from IFG Group plc. The group is currently undergoing a rebrand and is due to unveil its new corporate identity in February 2013.
Declan Kenny, chief executive of IFG Trust and Corporate
Consumer-focused private equity investment firm Brentwood Associates has completed the sale of Pacific Island Restaurants (PIR) to Nimes Capital.
PIR is the sole franchisee of Pizza Hut and Taco Bell throughout Hawaii, Guam and Saipan. Terms of the transaction have not been disclosed.
Since acquiring PIR in 2004, Brentwood has worked with the PIR management team to help them build on their market positions in both brands. The company implemented one of the most successful call centres in the Pizza Hut system, while also opening six new restaurants and acquiring six restaurants.
Anthony Choe, partner at Brentwood, says: "The PIR
HIG Growth Partners’ portfolio company, Community Intervention Services (CIS), has completed the acquisition of Access Family Services.
CIS was established by HIG in partnership with veteran behavioural healthcare executive Kevin Sheehan to acquire, develop and operate a national network of community-based mental health and substance abuse treatment programmes.
Access marks CIS’s second acquisition and provides the company with a strong regional presence in the Southeast.
Headquartered in Charlotte, North Carolina, Access was founded by Derek Bullard (pictured) in 1999 and has since grown into a leading provider of community-based outpatient behavioural health services delivered primarily in the patient’s natural environment as
Russ Koesterich (pictured), BlackRock’s Chief Investment Strategist, provides an overview of the US Fiscal Cliff deal and discusses what it means for the economy and financial markets…
The 11th-hour deal is better than nothing … but its limited scope and the need for additional negotiations will likely translate into increased volatility for financial markets. Expect more late-night drama from Washington in the coming months.
Higher payroll taxes will likely depress US consumer spending in the short term. This could result in a drag on the US economy early in the year. We expect a rebound later this year, but
Wellspring Capital Management has acquired National Seating & Mobility (NSM), a provider of complex rehab technology (CRT) solutions for individuals with permanent or long-term mobility loss, from Ridgemont Equity Partners.
Financial terms of the transaction have not been disclosed.
Headquartered in Nashville, Tennessee, NSM provides CRT solutions that assist with loss of mobility due to trauma, physical abnormality, structural defect or disease. NSM designs and assembles customised wheelchairs and adaptive seating systems that play an essential role in improving the lives of patients by enhancing their functionality, maximising their independence and providing an ability to participate in the community. Operating
Trinity Hunt Partners, a middle market private equity firm, has completed its majority investment in Lakeview Health Systems, a substance abuse treatment company in Jacksonville, Florida.
The terms of the transaction have not been disclosed.
The acquisition of Lakeview represents Trinity Hunt’s third investment in the behavioural healthcare space. In 2008, Trinity Hunt acquired Castlewood Treatment Centers, a residential eating disorder treatment company in St Louis, Missouri. Additionally, in 2010, Trinity Hunt acquired a minority stake in Eating Recovery Centers, a Denver, Colorado based eating disorder treatment centre offering inpatient and outpatient treatment options.
"Lakeview is a large, scalable asset
An affiliate of UK Sun European Partners, the European adviser to Sun Capital Partners, has acquired a majority stake in Paragon Print and Packaging, a provider of packaging and outsourced services to the private label fresh and chilled food market.
The value of the transaction has not been disclosed.
Established in 1994, the Paragon Print and Packaging Group is comprised of four divisions supplying printed labels, sleeves, cartons, lined board, film and artwork. The group operates from ten UK manufacturing facilities totalling in excess of 650,000 sq ft, employs approximately 1,200 staff and has a turnover exceeding GBP170m. The group
BaltCap has invested in Coffee Inn, the largest branded coffee shop chain in the Baltics.
Coffee Inn intends to invest up to EUR2m of debt and equity capital over the coming two years to finance the future growth of the business in Lithuania and other countries.
Coffee Inn was established in Vilnius in 2007 by a group of Lithuanian entrepreneurs. Today, the company operates 28 branded coffee shops and expects to have sales over EUR3m in 2012. Coffee Inn shops are located in Vilnius, Kaunas, Klaipeda, Palanga, Siauliai and Riga, Latvia.
Vygantas Maksele, the chief executive of Coffee
Funds advised by CVC Capital Partners (CVC) have acquired Cerved, Italy’s leading provider of business credit information for EUR1.13 billion.
Cerved, whose history goes back to 1974, was created through the successful integration of seven companies during 2008‐11. Cerved provides credit and business information to over 30,000 clients, including 90% of Italian banks and over 80% of Italy’s top 1,000 companies. Cerved has the most comprehensive database of corporate information in Italy, including corporate and financial details, payment history, customer and supplier relationships, and proprietary information sourced through its own network of interviewers. With revenues of EUR292m in 2012, the
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
