Latest News
Mid-market private equity firm Palamon Capital Partners has agreed the sale of cadooz AG to Nasdaq-listed strategic buyer, Euronet Worldwide (Euronet), a leading global electronic payments provider and distributor, headquartered in Leawood, Kansas, USA. The details of the transaction were not disclosed.
cadooz, headquartered in Hamburg, is Germany’s largest full-service provider of vouchers, innovative merchandise and incentive solutions, generating annual revenue in 2011 of EUR80 million. The Company serves more than 3,000 corporate customers across a range of industries in Germany, Austria and Poland, offering a broad range of multi-choice gift certificates and cards that can be redeemed at more
PeerApp Ltd, a leading provider of transparent Internet caching and content delivery platforms, has closed a growth equity investment led by Summit Partners.
Also participating in the round are Cedar Fund, Evergreen Partners, Pilot House Ventures Group and existing investors in PeerApp. The funds will be used to accelerate PeerApp’s commercial efforts and support the company’s continuing global expansion.
PeerApp’s UltraBand transparent Internet caching platform enables network operators to deliver and accelerate Internet video and other forms of multimedia content. The company’s UltraBand products and content delivery architecture allow operators to meet the bandwidth and service quality challenges of
The European Central Bank (ECB) will continue buying bonds despite Standard & Poor’s decision to downgrade Italy’s sovereign debt rating from A+ to A, says Schroders’ Azad Zangana…
Yesterday, Standard & Poor’s (S&P) cut Italy’s sovereign debt rating to A with a negative outlook, from A+. The primary two reasons for the downgrade are: Italy’s weakening growth outlook and; Italy’s weakening ability to carry out its fiscal reforms/consolidation in the face of rising political uncertainty related to the European sovereign debt crisis.
S&P has also downgraded its forecast for Italian GDP growth, and now forecasts 0.4% growth in 2012. This
BV Investment Partners has signed a definitive agreement to sell Vision Communications, a Louisiana based communications and broadband services provider, to EATEL.
Vision provides a comprehensive suite of residential and commercial communications services, including digital video, high-speed Internet, local and long distance telephone, alarm monitoring, and commercial data services. BV acquired the Company in late 2007 from the Pat Brady family, which had previously owned the business since its founding in 1945. Under BV’s ownership, the Company expanded its service offerings to include Ethernet Transport services, cell tower fiber backhaul, fiber connectivity to schools, libraries and other governmental agencies
Green Courte Partners, a private equity investment firm targeting niche real estate sectors, has closed its third investment fund, Green Courte Real Estate Partners III, LLC (GCREP III).
This USD406.9 million fund will employ institutional levels of leverage to invest in approximately USD1.2 billion of niche real estate, including land-lease communities and parking assets. GCREP III will continue the strategies of the firm’s first two funds, Green Courte Real Estate Partners, LLC and Green Courte Real Estate Partners II, LLC, which to date have invested in over USD1.1 billion of niche real estate investments.
Green Courte founder Randall K
New Health Capital Partners has closed on New Health Capital Partners Fund I LP, a private equity vehicle focused on investing throughout the capital structure of life sciences companies, including senior secured loans, royalty monetizations, control equity investments and other structured financings.
The New York-based firm received an initial capital commitment of USD150,000,000 from ORIX USA Asset Management (OAM), a global asset management firm.
NHCP seeks to create highly customised investment structures which provide significantly more flexibility to companies than capital traditionally available via the public markets, private equity or pure royalty monetization firms. New Health is uniquely able to
Private equity buyout deal flow has increased over the past year, but it is very much a seller‟s market, Preqin and LexisNexis Enterprise Solutions have found.
A joint study of global private equity buyout firms has revealed that while 49% feel that the number of opportunities has increased over the past 12 months, 68% feel that these opportunities are overpriced.
Funds of vintages 2007 and 2008 account for 22% and 28% respectively of the $391 billion in dry powder available to the private equity buyout industry. As most firms employ a five-year investment period, fund managers are under pressure to
ProVen Health VCT, managed by Beringea LLP, has sold its investment in Onyx Scientific in a transaction that valued the company at GBP4.6m.
Onyx Scientific provides a wide range of chemical services to the life sciences industry. In particular, its key focus is scaling up the synthesis of new chemical entities from micrograms to kilograms for pharmaceutical companies. Onyx specialises in medicinal chemistry, pre-clinical development and GMP scale-up, in addition to offering a comprehensive range of analytical services. ProVen Health VCT invested GBP750,000 in Onyx in June 2007.
Onyx was acquired by ICPA, a market leader in anti-malarial and
The estimated market value of venture capital-financed companies in the US rose 10.1% in 2011’s first quarter from the end of 2010, according to the Dow Jones US Venture Capital Index. The index’s performance topped the Dow Jones US Total Stock Market Index’s total return gain of 6.4% over the same time period.
The return on the Dow Jones US Venture Capital index for the 12-month period ended March 2011 was 32.7%. The largest gains for the quarter and year ended in March 2011 were in software companies.
Venture capitalists invested an estimated USD6.5 billion in 661 deals in
Two Guernsey firms are merging to create the largest independent fund administration business in the island. In the 50:50 deal, described as a merger of equals, Anson Fund Managers Limited and Bordeaux Services (Guernsey) Limited will join forces and trade under the Anson name.
Peter Radford of Bordeaux, who will be Chief Executive Officer of the merged entity, believes that the move will provide critical mass and, importantly, enable the business to remain independent. Anson principal John Le Prevost (pictured above right with Radford) will become a Senior Director and Professor Richard Conder will become the new chairman of Anson
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
