Private equity firm TLG Capital has increased its investment in Quality Chemicals Industries Ltd (QCIL), the Uganda based pharmaceutical manufacturer, to 12.5 per cent shareholding. This further deployment of funds into QCIL, a leading sub-Saharan plant, comes after the company received a Good Manufacturing Practices certification from the World Health Organisation (WHO) in March 2010. This is a substantial milestone and one that is of strategic importance to TLG Capital, who in 2009 strengthened its healthcare based assets throughout Africa by being the first international private equity investors into QCIL. TLG Capital has now invested close to US$10m across indigenous

Olympus Partners has acquired FFR-DSI, Inc from Cortec Group. FFR-DSI, headquartered in Twinsburg, Ohio, is a leading North American designer, marketer and value-added supplier of merchandising, loss prevention and operational efficiency solutions primarily to retailers and consumer packaged goods companies.    FFR-DSI’s solutions provide multiple benefits and ultimately enhance profitability for customers by driving incremental sales through influencing the consumer at the point of purchase, reducing retail theft, lowering labor costs and improving store appearance. Since its founding nearly 50 years ago, the company has steadily evolved from a catalog distributor of retail fasteners and components to the only supplier

Elystan, GI Partners’ investment platform, has acquired a 21,000 square metre office building from a joint venture between a Stiller Immobilien, Frankfurt, and Drees & Sommer, Stuttgart (F10). Located at Feringa Str 10-12, Munich Unterföhring, F10 (pictured) is one of the largest and most modern multi-tenanted office buildings in the North West submarket of Munich. The building was completed in 2004 and is currently 50% occupied. Elystan was founded in January 2010 by GI Partners together with Keith Fischer, a German real estate market veteran with over 20 years of investment experience. The firm seeks to acquire high quality commercial

Oak Hill Capital Partners has signed an agreement to sell Primus International (Primus), a global manufacturer of aerospace components, to Precision Castparts Corp for USD900 million. Headquartered in Bellevue, Washington, Primus is a leading supplier of highly engineered metallic and composite parts, kits and assemblies to the aerospace industry, serving many of the world’s most recognisable aerospace companies. With facilities in North America, Asia and Europe, Primus’ strong manufacturing capabilities enable it to grow its relationships with leading customers globally. "Since our acquisition of Primus in 2006, we have worked closely with Jim Hoover, CEO of Primus, and the entire

Almost five years after ABN AMRO Participaties took over Kiwa from the Dutch water companies through the ACTA investment company, it is about to step down as major shareholder in favour of a secondary management buyout supported by NPM Capital.   The documents for the intended transaction will be signed on 8 July 2011, and It is expected that the new ownership structure will be effected early September, after a few issues, including the consent of the Netherlands Competition Authority NMa, have been dealt with. Shield Group Nederland is also an independent organisation that belongs to ACTA and is entering

Firelake Capital, a California-based private equity firm, has selected Navatar Private Equity Cloud to manage its fundraising, deal flow, portfolio and capital calls/distributions. Navatar Private Equity provides out-of-the-box functionality and workflows essential for private equity firms. It runs entirely in salesforce.com’s cloud and is available for a low monthly fee. Its flexible reporting engine can be easily used by non-technical staff to generate reports. "We’re pleased that private equity firms around the world are choosing Navatar’s service," says Ketan Khandkar (pictured), Principal, Navatar Group. "Firms can now start using a fully built solution for their CRM and operations for one