Solutions
International investment bank Altium has advised European private equity firm Castik Capital on its acquisition of leading UK water cooler company Angel Springs.
The deal follows the recent recommended cash acquisition of Waterlogic plc, a global distributor of point of use drinking water purification and dispensing systems, and is the second deal on which Altium has worked with Castik this year.
Based in Wolverhampton and operating from ten delivery depots, Angel Springs rents out bottled and point of use water coolers to an installed base of more than 46,000 bottled water coolers and 14,000 point of use water coolers
Mid-market private equity firm LDC has completed the sale of its stake in water cooler service provider Angel Springs, in a multi-million pound deal with Germany-based private equity provider Castik Capital.
The transaction provides an excellent return for LDC, delivering a money multiple of 3x its original investment in just over three years.
Headquartered in Wolverhampton, Angel Springs provides both bottled and mains fed water coolers to businesses and organisations throughout the UK and currently services more than 60,000 water coolers. The business has a UK-wide network of 10 strategically located regional service and distribution centres, enabling it to deliver
Dominic Wheatley (pictured), Chief Executive of Guernsey Finance, explains how the Island provides Latin American fund managers and investors with a unique offering.
Colleagues who visited Brazil, Chile and Colombia earlier this year were struck by the way in which Latin American institutional investors are shifting their allocations away from simply the traditional domestic market to incorporate wider asset classes, such as private equity and with global exposure, including Europe.
These factors, coupled with a desire to access European capital, are driving Latin American fund managers to establish European-based platforms subject to European regulation, such as the Undertakings for
Energy-focused private equity firm Tailwater Capital has closed its third fund, Tailwater Energy Fund II LP at USD650 million.
Since launching in 2013, Tailwater has raised more than USD1.4 billion across three funds, Tailwater Energy Fund I, Tailwater E&P Opportunity Fund and the recently closed Fund II. The team will leverage its considerable experience to invest Fund II across the midstream value chain and seeks to extend its successful track record.
"We're grateful to have the opportunity to continue investing on behalf of our supportive investor base, and we look forward to working with our new limited partners," says Edward
M&G Investments has provided GBP4.9 billion of private financing to corporates and institutions in the past 12 months, as pension funds and institutional investors continue to seek the secure, and often inflation-linked, cash flows these investments provide.
Across the private finance spectrum, a desire by corporates and institutions to diversify their funding sources has been a driving force behind decisions to refinance and seek additional funding from different sources this year.
Mark Hutchinson, co-head of alternative credit, M&G Investments, says: “Investments are now being made in a variety of structures. Whether it is the realisation of operating assets’ value
Private investment firm Inverness Graham has sold RacoWireless to strategic acquirer KORE Wireless Group, Inc, in an all-cash transaction.
Headquartered in Cincinnati, Ohio, RacoWireless is a leading enabler of the Internet-of-Things and machine-to-machine (M2M) wireless data connectivity solutions offering end-to-end connectivity and location aware solutions to more than 500 reselling customers. During Inverness Graham's two-years of ownership, RacoWireless executed an organic and acquisitive growth strategy that more than doubled revenue and increased EBITDA by over five times.
Inverness Graham acquired RacoWireless in a proprietary, "non-banked", transaction in September of 2012 as a result of a proactive search effort within the
Hipercept has expanded its existing services to formally support Private Equity companies. The firm will leverage its global infrastructure to provide a suite of managed services to the Alternative Investment industry.
Since its creation in 2009, Hipercept has engaged with numerous Private Equity and large multi-asset clients. Focusing on Private Equity as an asset class has become both an opportunity and a strategic necessity.
"Private market players, either from the investor community or from a fund management perspective, have diversified with multi-asset investment strategies," says Damien Georges, CEO of Hipercept. "This has naturally led Hipercept in the same direction. When
Global law firm White & Case LLP has advised CEE Equity Partners Limited (CEEEP) on its acquisition of a majority stake in BKF University of Applied Sciences, a private higher education business in Hungary.
“It was great to work with CEEEP, a growing client for White & Case, on its first investment outside of Poland,” says Budapest-based White & Case partner Edward Keller, who led the team which advised CEEEP. “The transaction was of particular importance as it was the first sizeable private equity investment in a higher education institution in the region.”
CEEEP is the investment advisor for
Tikehau IM and Macquarie Lending co-arranged a EUR170 million unitranche financing to support the buyout of Salins du Midi buy the company’s chairman.
This new transaction concludes a busy 2014 for Tikehau IM’s Private Debt activity, with over EUR1.9bn committed to the asset class during the year.
Tikehau now offers a unique platform covering the entire spectrum of financing solutions; ranging from senior debt, unitranche, mezzanine to preferred equity with ample sourcing and structuring capabilities.
James Cowper has advised German-based GfK SE (GfK) on its acquisition of real-time retail intelligence provider, Cogenta Systems Limited (Cogenta).
The Corporate Finance team provided financial due diligence services to the acquirer.
Located in Windsor, UK, Cogenta provides retail and pricing intelligence data to a range of brands, retailers and manufacturers across the UK and globally as well as the provision of Pricing Intelligence Reports on a range of industries. Since its foundation in 2006, Cogenta has grown year-on-year to a position where it is recognised as one of the leading retail intelligence specialists in the market.
GfK is
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
