Latest News
Lloyds TSB Commercial Finance has completed another private equity backed cross border transaction with the GBP75m refinancing of Chesapeake.
With a turnover of GBP500m, Chesapeake is a supplier of consumer packaging.
The company operates in a wide variety of market sectors including pharmaceuticals, agrochemicals, confectionery and spirits.
Since May 2009, Chesapeake has been owned by two American private equity houses, Irving Place Capital and Oaktree Capital Management. Their purchase of the business marked the transition of Chesapeake from being a publicly-traded company listed in the US to a private company headquartered in the UK.
Chesapeake now operates as a
Law firm Harneys has opened an office in Montevideo, Uruguay.
Law firm Harneys has opened an office in Montevideo, Uruguay.
Led by Marco Martins, a partner and head of the firm’s Latin America practice, the Montevideo office will improve the firm’s ability to service clients throughout Latin America.
Martins says: “Our ultimate goal is to be able to provide the best service possible to clients in the region, in local language and with a full appreciation for the economic, cultural and dynamic needs of the region, and a Harneys office in Latin America is another important step in our
Wholesale Interiors and Chicago Private Equity Group have formed a partnership that will establish a fund for the eventual acquisition of suppliers of both restaurant furniture and commercial furniture.
Once built, Wholesale Interiors will lead a project aiming to acquire small to mid-sized manufacturers and suppliers, bringing them under the wing of the manufacturer and distributor.
The resulting expansion will allow Wholesale Interiors’s pricing to be offered on a multitude of new products, styles, and categories.
“We are interested in taking over suppliers with promising ideas and procedures who have been struggling or only mildly successful in the current economic
Religare Enterprises, an emerging markets financial services group listed on the BSE and NSE in India, has made an investment through its wholly owned subsidiary Religare Global Asset Management in Landmark Partners, a private equity and real estate fund of funds asset manager focused on secondary transactions.
The parties have signed a definitive agreement for Religare to acquire a 55 per cent stake in the business of Landmark Partners for a consideration of up to USD171.5m.
Landmark Partners’ entire management team has made long-term commitments to its business as part of this transaction and will retain a significant equity stake
Glencoe Capital, a Chicago-based private equity firm focused on control acquisitions of lower middle-market companies, has appointed William A. Geoppinger, the former president and chief executive officer of Sara Lee Foods, to its investment committee.
Glencoe Capital’s investment committee includes two senior executives from outside the firm who have management and operational experience.
Geoppinger has served Glencoe Capital in an advisory capacity for several years as a member of its executive network, a group of approximately 40 current and former Fortune 1000 C-level executives and entrepreneurs who have specialised operational and managerial expertise in a range of industries.
Glencoe Capital’s
S&P Equity Research invites you to ‘POWER PICKS 2011’ – Wednesday 8
December, London (Merchant Taylor’s Hall), 17.00 – 18.00
Financial professionals and portfolio managers are invited to join S&P for
an exclusive view of S&P Equity Research’s expectations for 2011, direct
from the research team, identifying some of the key themes, sectors and
stocks we expect to outperform the broader market.
Our analyst team will be on hand to answer specific sector questions.
As there is limited seating for this event, please register for free to
confirm your place today or to request S&P’s ‘2011 Outlook’ paper.
New York Life Investments has signed an agreement to acquire a majority stake in Private Advisors, an alternative investment firm based in Richmond, Virginia.
With USD3.9bn in assets under management, the firm has a 13 plus year track record across a range of fund of funds, including the firm’s flagship low volatility multi-strategy capability, launched in 1998.
"Private Advisors has a long history of delivering risk-adjusted investment returns, with a strong focus on capital preservation. The firm has a well-defined investment process that incorporates investing in alternative investment managers with proven track records," says John Kim, president and chief executive
PBF and its subsidiary Toledo Refining have entered into an agreement to acquire the 170,000 barrel per day Toledo, Ohio refinery and related assets from Sunoco.
PBF, an owner and operator of oil refineries, will acquire the facility for approximately USD200m in cash and will enter into a note with the seller in the amount of USD200m.
In addition to the purchase price, PBF will acquire the hydrocarbon inventory at closing.
In the event that the refinery exceeds certain profitability thresholds there is a participation payment of up to USD125m.
The transaction is expected to close in the first quarter
Clean technology investor zouk ventures is partnering with UK power utility Scottish and Southern Energy to build an energy efficiency and micro-generation services company in the UK named Anesco.
zouk and SSE will be co-lead investors in the deal and will each take a board seat in the company.
zouk and SSE believe that Anesco will be well placed to exploit the strong regulatory and governmental support that exists in the UK for the shift to a low carbon, energy secure economy.
Anesco will support the UK’s shift towards a low carbon economy by providing energy efficiency and micro-generation services
Energy management company BAS has been acquired by Bridgepoint Development Capital with backing from Yorkshire Bank Corporate & Structured Finance in Manchester.
BAS, which is the largest independent player in the long term support and implementation of intelligent building energy management systems in the UK, was founded in 2006 following a buyout from Siemens.
Based in Altrincham and with offices in Birmingham, Gateshead, Leeds, Surrey, Glasgow and Chepstow, BAS specialises in supporting building owners to control, monitor and reduce energy usage via the efficient use of a building energy management system.
The management team at BAS, led by
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
