Nov

15

RJD completes second exit with the sale of TransLinc

RJD Partners has sold its investment in TransLinc, the market leader in the provision of specialised vehicles and related services to local authorities and the utilities market, in a trade sale to May Gurney Integrated Services. The transaction values TransLinc at £65.6 million, giving a return to RJD of approximately 2.7x its original investment and [...]

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Nov

14

Activa Capital acquires a majority equity stake in the Primavista Group

With turnover of €70m and nearly 1,000 employees, Primavista is the French leader in maternity and school photography as well as direct marketing services for young mothers. Primavista, a spinoff of Pixmania (a French e-commerce site), has been backed since March 2007 by LFPI Gestion, which enabled the group to accelerate its development through several [...]

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Nov

03

Matrix backs MBO of EMaC

In its second investment this year in the motor trade, Matrix Private Equity Partners has invested £6 million alongside Managing Director Angela Barrow to provide growth capital and support for the management buyout of EMaC Limited. EMaC Limited is the UK’s leading provider of outsourced Service Plans made available to car buyers through the motor [...]

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Nov

02

Rato’s Euromaint focuses on core business, divests Euromaint Industry

Euromaint has made a strategic decision to focus its business on maintenance for the rail transport sector, and as part of this it has signed an agreement to sell its subsidiary Euromaint Industry to Coor Service Management, for an enterprise value of approximately SEK 100m. Euromaint provides qualified maintenance services for the rail transport industry [...]

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Nov

02

Termination of G4S’s proposed acquisition of ISS

G4S plc (“G4S”) announces that G4S and FS Invest II S.àr.l. (“FS Invest”) have agreed to terminate the share purchase agreement (“SPA”) pursuant to which G4S was to acquire ISS A/S (“ISS”) from FS Invest (the “Acquisition”). Accordingly, the board of directors of G4S (the “Board”) will not put any resolutions to the shareholder meeting [...]

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Nov

02

Beringea invests in Utility Exchange Online

Beringea, manager of the ProVen VCTs, today announced that it has invested an undisclosed amount in Utility Exchange Online (UEO), which provides price comparison services for utilities, including heating and electricity, for small businesses. Unlike the domestic and large corporate markets, the small business market for utility comparison is underserved as a result of its [...]

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Oct

31

GIC invests US$300m in Avolon

Avolon, the international aircraft leasing group, today announces that it has successfully secured a third round of equity capital with a US$300 million equity commitment from the Government of Singapore Investment Corporation (‘GIC’), subject to customary regulatory approval. Headquartered in Ireland, with offices in Stamford CT, Hong Kong and Shanghai, Avolon provides aircraft leasing and [...]

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Oct

26

Lyceum Capital-backed merger creates £50m Drainage Firm

Lyceum Capital has funded the merger of two of the UK’s biggest independent drainage companies – a transformative deal which creates a £50 million turnover, market-leader in the provision of specialist services to the household, industrial, commercial, transport and water sectors. In January 2010 Lyceum Capital acquired a majority stake in the largest drainage claims [...]

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Oct

25

Palamon Capital Partners acquires Quality Solicitors

Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has acquired a majority stake in QualitySolicitors , a leading UK brand of high-street solicitors for individuals and SMEs. Details of the transaction were not disclosed. QualitySolicitors was founded in 2009 with the aim of building a national legal brand focused on providing improved [...]

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Oct

17

EQT Partners and GS Capital Partners exit ISS

G4S plc announced the acquisition of ISS A/S from FS Invest II, which is indirectly owned by funds advised by EQT Partners and by GS Capital Partners. The transaction values ISS at around £5.2 billion or DKK 130 per share. FS Invest will receive half of the consideration in cash and half in new shares [...]

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