ADM Capital’s Cibus Enterprise Fund invests in Remedy Health’s USD11m Series A
London-based private equity advisory firm ADM Capital Europe’ Cibus Enterprise Fund (Cibus) has invested in the personalised health and wellness company Rem3dy Health Limited, (Remedy Health). Remedy Health was formed in May 2019 and raised their USD 2.75 million seed round by the end of 2019, the largest seed round ever raised by a female […]
Private-equity backed Atlantic Nickel hires banks to explore options
Atlantic Nickel, a Brazilian miner backed by London private equity mining fund Appian Capital Advisory has hired investment banks to explore sale options, capitalising on the increasing demand for metals used in electric batteries, four sources said. Its sale process with Citi and Standard Chartered is the most advanced, with potential buyers currently working on […]
Audax Private Equity to Sell Axia Women’s Health to Partners Group
Audax Private Equity (“Audax”) has announced that it has signed a definitive agreement to sell Axia Women’s Health to Partners Group on behalf of its clients. Axia Women’s Health (“Axia” or the “Company”) is a leading women’s healthcare provider in the U.S. The Company is headquartered in Voorhees, New Jersey, and provides a highly integrated […]
Private equity firm to buy UDG Healthcare
Private equity firm Clayton, Dubilier & Rice (CDR) has agreed to buy London-listed UDG Healthcare for 2.6 billion pounds ($3.7 billion), the pharmaceuticals services company said on Wednesday. CDR has agreed to pay 10.23 pounds in cash per share in UDG, a premium of 21.5% on Tuesday’s close. Read more/Source: Reuters
TaylorMade Bought By Korean Private Equity Firm
Four years after private equity firm KPS Partners acquired Carlsbad-based TaylorMade from Adidas AG for $425 million, they’ve sold the golf equipment brand to Seoul-based Centroid Investment Partners for an undisclosed sum. While the financial terms of the deal were not disclosed, considering the torrid growth spurt the sport has experienced over the pandemic, KPS […]
Hut Group seals $2bn boost from Softbank
Japanese technology investor takes 9% share The Hut Group last night struck a deal with Softbank that will lead to the Japanese conglomerate investing $2.3 billion in one of Britain’s fastest-growing technology companies. Softbank, run by Masayoshi Son, the richest man in Japan, is immediately buying $730 million in new shares in THG as part […]
Kirkland & Ellis appoints partner in London
Kirkland & Ellis has appointed Gregory Scott as a partner in the Corporate Practice Group in the firm’s London office. Scott advises private equity houses and other financial sponsor clients on all types of M&A transactions including leveraged buy-outs, carve-outs, mergers and exits across a variety of business sectors. Scott will join Kirkland from the […]
New Water Capital sells fresh, prepared foods manufacturer CMM
New Water Capital (New Water), a lower-middle market private equity firm, has sold Custom Made Meals (CMM), a leading US provider of fresh, handmade, oven-ready entrees, appetisers and sides for grocery retailers, to middle-market private equity firm Stellex Capital Management. “Our goal at New Water is to support and invest in businesses with enduring value […]
Scottish Equity Partners invests in FundApps
Scottish Equity Partners (SEP) has completed a significant growth equity investment in regulatory technology (regtech) company FundApps. As a Compliance-as-a-Service (CaaS) business, FundApps addresses the way investment managers deal with the regulatory burden by combining cloud technology, regulatory expertise, market data and the unique FundApps Community. Previously, compliance managers were overwhelmed by ever-increasing complexity, but […]
CAPZA raises record EUR700m in the final closing of its CAPZA 5 Flex Equity Fund
CAPZA, a leading private investment firm specialising in small and medium-sized enterprises (SMEs), has held the final closing of its CAPZA 5 Flex Equity Fund, reaching its revised hard cap at EUR700 million, doubling the final size of the previous Fund (EUR350 million). This success confirms investors’ interest in a flexible and agile investment strategy […]
