BGF has exited its investment in The Exchange Lab, a programmatic marketing solutions company, following its acquisition by WPP for an undisclosed sum. The Exchange Lab’s people and technology will be integrated into WPP’s GroupM.  Minority shareholder BGF (Business Growth Fund) provided GBP5 million of growth capital to The Exchange Lab in November 2013. The company invested BGF’s capital in its proprietary Proteus platform, integrating an additional eight Demand Side Platforms (DSPs) and boosting campaign automation by developing advanced APIs. The Exchange Lab also embarked on a focused sales strategy in North America, delivering top line growth and demonstrating commercial

Private equity firm Encore Consumer Capital has completed the sale of its portfolio company, FreshKO Produce Services to C&S Wholesale Grocers, the largest wholesale grocery supply company in the United States. 
Scott Sellers, Managing Director of Encore Consumer Capital, says:, "It has been a great pleasure for us at Encore to have partnered with Randal Shepherd, Manny Robles and the rest of the talented team at FreshKO since our investment in 2012. Their ability to expand FreshKO's customer base and attract a strong partner like C&S exceeded our expectations." 
"Encore has been a great partner over the past three years.

Century Park Capital Partners has completed the sale of Lynx Grills, a manufacturer of commercial and residential kitchen equipment. Lynx’s products include a selection of stainless steel barbeque grills as well as complementary cooking, storage, refrigeration and food preparation accessories. The company’s primary brands are Lynx Professional Grills and Sedona by Lynx. The company distributes its products through a network of hearth and patio dealers, appliance dealers, specialty retailers and distributors.   Chip Roellig, Managing Partner with Century Park Capital Partners, says, “Lynx has evolved into the leading luxury brand in the outdoor kitchen market. CEO Jim Buch and his

SK Capital (SK), a private investment firm focused on the specialty materials, chemicals and healthcare sectors, is to sell IBA Molecular (IBAM) to funds advised by CapVest Partners LP (CapVest). The transaction is expected to close at the end of Q1 2016. IBA Molecular is a leading developer, manufacturer and distributor of radiopharmaceutical products and supporting services used in molecular imaging with operations throughout Europe and Asia. IBAM has a unique product portfolio and pipeline of diagnostic and therapeutic tracers aimed at advancing the development of the global movement towards personalised medicine and making molecular imaging/therapy a major discipline in

Albion Ventures has sold Kensington Health Clubs Limited, trading as The Printworks Health Club & Spa to Sports Direct International plc. The Printworks Health Club & Spa is a premium club located at Olympia in the Royal Borough of Hammersmith & Fulham.  It has a 20 metre swimming pool, sauna, several studios, a beauty spa and a state-of-the-art gym.  Albion first invested in The Printworks Health Club & Spa in 2007 to finance the conversion of a former graphics workshop into a state-of-the-art health club and spa.  The club has been operating successfully for 8 years.   Christoph Ruedig, partner

LGC, an international life sciences company creating measurement and testing solutions for companies across the world, is being sold by Bridgepoint for an undisclosed sum to KKR.  Owned by Bridgepoint since 2010, LGC operates globally in 22 countries and focuses on three distinct areas: the manufacture and distribution of reference materials, proprietary genomic products and the provision of analytical and genomics testing services. With over three quarters of its customers in the private sector and the balance in government and the public sector, LGC serves the pharma, AgBio, food and environmental sectors.  Applications of its scientific expertise range from assisting

Mooreland Partners acted as the exclusive financial advisor to iTAC Software on its sale to Durr Group. Based in Montabaur, Germany, iTAC is a leader in industrial Internet of Things (IoT) software. The company combines expertise in the fields of IT and production technology, and has already equipped over 140 factories worldwide in various industry segments with its cloud-based MES software, iTAC.MES.Suite. Customers include carmakers and automotive component suppliers as well as major producers in the electronics, telecommunications and medical technology sectors. "Powered by the industrial IoT, the global manufacturing sector is entering into a new phase of automation where

Mooreland Partners has acted as the exclusive financial advisor to iTAC Software on its sale to Durr Group. Based in Montabaur, Germany, iTAC is a leader in industrial Internet of Things (IoT) software. The company combines expertise in the fields of IT and production technology, and has already equipped over 140 factories worldwide in various industry segments with its cloud-based MES software, iTAC.MES.Suite. Customers include carmakers and automotive component suppliers as well as major producers in the electronics, telecommunications and medical technology sectors. "Powered by the industrial IoT, the global manufacturing sector is entering into a new phase of automation

Lee Equity Partners, a middle market buyout firm has closed the sale of PDR Network (PDR) to an affiliate of San Francisco based private equity firm Genstar Capital. PDR, one of the most recognisable brands in healthcare, built the largest network to engage physicians, pharmacists, and patients with clinically relevant content in a targeted and measurable way. Lee Equity capitalised the company and merged two corporate carve outs: Physician’s Desk Reference and Healthcare Notification Network (HCNN) in 2009, and subsequently acquired LDM Group in 2014. Through these acquisitions and the launch of new products, the company transitioned from a legacy

The investment bank Arjil – Groupe Altium has advised JRI’s shareholders for the sale of the company to Turenne Santé, Bpifrance and InnovaFonds as part of an LMBI. JRI is the French leading specialist in the design and distribution of wireless monitoring solutions and chart recorders for controlling and monitoring physical quantities such as temperature, relative humidity, pressure, water consumption and electricity consumption. JRI’s products and solutions are targeted to professional clients, mainly in the life sciences, food and beverage and industrial sectors. JRI generated approximately 12 million euros in turnover during the year 2014.   JRI was owned since