OpenGate Capital, a global private equity firm, has completed the acquisition of the North American and European amphoteric surfactant business from Solvay. As part of this transaction, the business has been renamed Verdant Specialty Solutions (Verdant), representing a new chapter of innovation and growth for the company. Terms of the acquisition have not been disclosed.
MacNeill Pride Group (MPG), a diversified global designer and manufacturer of outdoor products and sporting goods, has acquired GCI Outdoor (GCI), a leading designer of portable, built-to-last outdoor recreation equipment. Terms of the transaction have not been disclosed. MPG is a portfolio company of Centre Partners.
Private funds specialist, Dale Gabbert has joined European law firm Fieldfisher as Head of Funds. He joins from Simmons & Simmons where he was a funds partner since 2014, specialising in private equity, infrastructure, credit and hedge funds.
Foxway has acquired the German recommerce specialist Flip4 GmbH (Flip4). The transaction is an important part in Foxway’s strategy to become the leading company in reuse, repair and sourcing of ICT-devices in Europe.
Metalshub, the metal industry’s first digital trading and price intelligence platform, has raised a USD11 million Series A financing round led by international growth VC Acton Capital with participation from existing investors Point Nine, Chrome Invest and several business angels. Using the fresh capital and the strong momentum of a record year, Metalshub will expand beyond Europe and targets USD1 billion GMV by the end of 2021.
NTR has appointed Anthony Doherty as Chief Investment Officer designate replacing outgoing CIO, Manus O’Donnell. Doherty has also been appointed to the board of NTR plc, taking his board seat in May 2021.
Yorkshire brand Pure Pet Food has secured another multi-million pound private equity investment, advised by law firm gunnercooke.
Victory Hill Capital Advisors LLP has appointed Gregory Scopelitis CFA as a Principal in investments.
The Maples Group is pleased to announce that it has expanded its Irish legal services offering in Asia with the launch of a new Irish Asset Finance practice in Singapore.
Inflexion has sold its investment in Reed & Mackay, a premium corporate travel management and events business, to TripActions, a US headquartered business travel and spend management platform.