Solutions
Vector Capital has combined portfolio companies Freedom Scientific and Optelec to create the world's largest assistive technology provider for the visually impaired.
The two companies have a long history of providing innovative technology solutions that enable blind and low vision individuals to reach their full potential – to gain an education, obtain employment, succeed in professional careers, and live independently throughout their lives.
“Combining our complementary businesses gives us the broadest portfolio in the industry and unmatched worldwide distribution and customer support,” said John Blake, President and CEO of Freedom Scientific. “The combined company will be able to offer
The specialist securitisation team of leading Scottish law firm, Shepherd and Wedderburn, has acted alongside Allen & Overy in advising the debt funders Cerberus Capital Management’s acquisition ofNorthern Rock’s GBP13 billion asset portfolio – the largest ever financial asset sale by a European government.
Shepherd and Wedderburn advised the arrangers of the financing on the transaction, leading on Scots law structuring and advice.
Following a competitive bidding process, the asset portfolio, which includes mortgages acquired by the UK government during the financial crisis, is being sold by UK Asset Resolution Limited to Cerberus and its affiliates. Cerberus is purchasing
Atlas Holdings has sold portfolio company Pangborn Group, a designer, manufacturer and supplier of innovative surface preparation equipment and related aftermarket parts and services, to United Generations. Terms of the transaction have not been disclosed.
Atlas acquired Pangborn in June of 2006. Headquartered in Fairburn, Georgia, the company employs over 250 people at nine strategically located facilities around the world.
“When we acquired Pangborn, our goal was to reinvigorate and strengthen an innovative manufacturing company, one with roots dating back well over a century,” says Andrew Bursky, Atlas Co-Managing Partner. “We succeeded by doing what Atlas does best; partnering with a
Avedon has sold German high precision miniature ball bearing company GRW Bearing (GRW) to US-based Kaman Corporation (NYSE:KAMN), with the deal expected to close by the end of November.
GRW specialises in the design and manufacturing of custom engineered high precision miniature ball bearing solutions. GRW has a comprehensive product offering of several thousand different variants that are designed to meet specific customer application requirements in the Healthcare, Aviation & Defence, Drive Systems & Analysis and Industrial & Distribution end-markets. With over 550 employees and two state-of-the-art production facilities in Rimpar, Germany and Prachatice, Czech Republic, GRW has a competitive
EQT Infrastructure is to sell Koole Terminals to institutional investors advised by JP Morgan Asset Management – Global Real Assets. The agreement is subject to the positive advice of the Company’s works council.
EQT Infrastructure acquired Koole Tanktransport in February 2011, followed by the acquisition of NOVA Terminals in October 2011. The integration of both companies formed Koole Terminals, an independent liquid bulk storage provider operating a portfolio of eight terminals in North-West Europe.
The Company operates around 2 million cubic metre with ~85 per cent of storage capacity being located in Rotterdam, the key trade flow hub in
Polaris Private Equity (Polaris) has sold its holding, equivalent to 75 per cent of all shares, in Skånska Byggvaror to Byggmax, for SEK741 million. In addition to the initial purchase price, an additional payment of SEK110 million may also be made depending on the financial performance for Skånska Byggvaror during 2016.
Skånska Byggvaror is an online based retailer of refined do-it-yourself (D-I-Y) products, with operations in Sweden and Norway. Over the past 12 months Skånska Byggvaror had net sales of SEK690 million, growing by approximately 20 per cent year-on-year, and EBITA of SEK47 million (excluding non- recurring items).
“During
Black Mountain’s Direct Lending Solutions are now offered via Software as a Service (SaaS). The firm’s clients include investment managers, credit funds, hedge funds, private equity firms, direct lenders and banks.
"We are excited to bring our leading best practice solutions to more clients with this new offering," says Kevin MacDonald, co-CEO of Black Mountain. "In addition to the deployment speed and cost benefits of the SaaS model, users will have access to new features and enhancements for Direct Lending as they become available."
The new offering comes pre-configured with industry best practices which allow users to manage all
On 22 September, the SEC hit RT Jones Capital Equities Management, a St Louis-based investment adviser with a USD75k penalty for failing to have sufficient cybersecurity policies and procedures in place. This led to the personally identifiable information of approximately 100,000 individuals, including thousands of its own clients, being compromised when the web server it used was hacked in July 2013.
The case has been settled, and whilst the fine itself wasn’t mortifying, the potential impact on the firm’s reputation could be significant. The unfortunate reality for investment advisers of all shapes and sizes today is that failure to treat
Ambienta has sold its portfolio company Envirogen Group, formerly Amplio Filtration Group (Envirogen), to a syndicate of investors led by UK fund manager Promethean Investments.
Envirogen Group, established in 2009 by Riccardo Segat and Andrea Davi – who acted as CEO – is a UK based mid-sized international provider of environmental and process solutions for the treatment of water, wastewater, vapour emissions and material recovery, with operations in Europe and North America.
Ambienta’s divestment of Envirogen comes four years after its initial EUR16.1m investment, executed through its fund “Ambienta I”. Ambienta invested to support Amplio Group with the goal
Collaboration is extremely important for any service provider looking to do business in Luxembourg and in that respect, Circle Partners (`Circle'), an independent fund administrator, is no exception.
Having first established a footprint in the Grand Duchy in 2011, Circle has invested considerable time and money and is now beginning to see the fruits of its labours as it prepares to establish an umbrella SIF. The platform will act as an incubator for managers wishing to create a sub-fund as opposed to taking on the burden of establishing their own standalone fund structure.
Michel van Zanten (pictured) is a Switzerland-based director
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
