Solutions
Private equity firm Inflexion is to sell Ideal Shopping Direct, a UK multi-channel home shopping retailer, to private equity funds managed by Blackstone (Blackstone).
Ideal Shopping Direct operates in two distinct and growing markets, TV shopping and the craft and hobbyist market, selling a variety of popular lifestyle products through well-established TV shopping channels ‘Ideal World’ and ‘Create & Craft’, as well as multiple internet sites.
Inflexion invested in Ideal Shopping Direct in 2011, successfully delisting the company from AIM in a take-private. We backed the incumbent management team who still lead this thriving company today.
Capitalising on the
Mooreland Partners, an independent investment bank providing M&A advisory and capital raising services to the global technology industry, has acted as the exclusive financial advisor to Adept Technology on its sale to OMRON Corporation.
OMRON plans to acquire 100 per cent of the outstanding shares of Adept, via an all-cash tender offer to be followed by a second-step merger. OMRON is offering Adept investors USD13.00 per share of Adept, which represents a 63 per cent premium over the stock's closing price on 15 September, 2015. This values Adept at approximately USD200 million. OMRON will fund the tender offer through cash
Marwyn Value Investors has reached an agreement with Canada Pension Plan Investment Board for the disposal of all the remaining shares in Entertainment One held by Marwyn’s Master Fund which will, on completion of the disposal, generate gross proceeds of approximately GBP142.4 million.
Approximately GBP103.4 million of that total will be attributable to the Company.
The disposal is conditional upon the Canada Pension Plan Investment Board having received notice from the Australian Foreign Investment Review Board that there are no objections concerning its proposed acquisition of shares in Entertainment One. Such notification, and the completion, is expected within 30 days.
Nautic Partners has completed the sale of Theorem Clinical Research, to Chiltern International. The terms of the transaction have not been disclosed.
Theorem is a full-service global contract research organisation (CRO) that conducts early phase, Phase II/III and late phase clinical trials for leading pharmaceutical, biotech and medical device and diagnostic customers. Theorem also provides functional services that support clinical trials, with a particular focus on data management and biostatistics services. The company operates from a global footprint with more than 1,500 employees in more than 30 countries across North America, Asia-Pacific, Europe and Latin America.
“We are very
The Australian Private Equity & Venture Capital Association Limited (AVCAL) has congratulated Malcolm Turnbull on his election to the role of Prime Minister last night.
“The new Turnbull Government has a very clear opportunity now to foster a more innovative, dynamic and entrepreneurial Australian economy which builds on the solid foundations put in place by the previous Government,” says AVCAL’s Chief Executive, Yasser El-Ansary (pictured). “In the coming months, Australian businesses will want to see from the new Prime Minister a comprehensive plan which sets out how we will transition towards a more productive and competitive economy over the coming
STAR Capital Partners is to sell Pepcom, Germany’s fourth largest cable operator, to one of Germany’s largest cable market operators, Tele Columbus, for a consideration of EUR608 million.
This represents an EBITDA multiple of 10.0x based on LTM through to June 2015 and 9.5x 2015F EBITDA. The deal has been agreed by the board of Tele Columbus, subject to shareholders approving the required equity raising.
STAR acquired Pepcom in 2010 from GMT Communication Partners and Veronis Suhler Stevenson in a bilateral transaction with a view to driving growth based on:
• expanding its geographic footprint both organically and
Globeleq, a company owned by Actis, the pan-emerging market investor, has completed the sale and transfer of Globeleq Africa, the leading power generation platform in Africa, to a company owned by Norfund, the Norwegian investment fund for developing countries and CDC Group (CDC), the UK government’s development finance institution.
Norfund acquired a significant minority stake (30%) in Globeleq Africa for a final cash consideration of USD227 million. CDC, which already held a majority indirect investment in Globeleq Africa via the Actis Infrastructure 2 fund, transferred its interest into the new company owned jointly with Norfund.
Globeleq Africa manages electricity-generating
Crestbridge in Luxembourg has enhanced its position as a provider of services to venture capital funds having received approval through Luxembourg’s regulator (CSSF) to act as a manager under the European Venture Capital Funds (EuVECA) regulation.
Already an authorised provider of both UCITS and AIFM services in Luxembourg, the new license means that Crestbridge is now one of only a handful of authorised firms across Europe able to provide management services to venture capital funds through its well established Management Company (ManCo) framework.
Crestbridge’s successful registration means it can act as manager for qualifying venture capital funds and distribute
Arthur J Gallagher has enhanced its liability and crime insurance solution for investment managers IMI Pro to provide its broadest cover yet.
The Gallagher-designed policy, backed by ‘A+’ rated capacity, responds to the needs of managers and funds by covering personal liability, civil liability and crime in one comprehensive package exclusive to Gallagher clients.
Notable enhancements include:
Full limit mitigation cover — insureds can take mitigating action immediately, without obtaining insurers’ prior consent, to the full limit of the policy. This will cover payments made and costs incurred in seeking to avoid claims that would be covered under
Cronus Partners, in conjunction with Stephens, acted as financial advisor to Boreas Holdings, the parent of multiple affiliated aviation services operating companies, in a stock sale of the company to Inland Technologies.
“Cronus has been a valued financial partner throughout the years, culminating in this successful strategic transaction which enables the newly combined company to be a major player in our industry and a stronger competitor in new and existing markets,” says Salvatore C Calvino, President and Chief Executive Officer of Boreas.
Jeffrey Rubin (pictured), the Managing Partner at Cronus, says: “It has been incredibly satisfying to witness the
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
