Flexpoint Ford leads up to CAD150m investment round in PayFacto
PayFacto Payments (PayFacto), a provider of payment solutions and point-of-sale technologies, has secured an equity investment of up to CAD150 million, in a funding round led by private equity firm Flexpoint Ford with participation from BMO Capital Partners. PayFacto, one of Canada’s largest non-bank payment processors, is a leading provider of high-quality, fully integrated payment […]
Raiven Capital invests in Scopio
Raiven Capital, a Canada-US, early-stage venture fund, has invested in AI-driven platform Scopio, which allows artists from everywhere to sell their images – photography, art, illustrations – anywhere. Currently, artists from 150 countries are represented on the site. Others joining the round include Lightspeed Ventures, DV Collective, and other angel investors: Gaingels, Joanne Bradford, former […]
Fund servicing group Sanne in £1.5bn takeover talks with Apex
Sanne, the UK-listed fund administration business, is in “advanced discussions” with fund servicing group Apex over a potential £1.5bn takeover, having already been in discussions with private equity firm Cinven over a deal. Apex’s offer would come in at 920p in cash per share, ahead of the 875p that Cinven was prepared to offer in […]
PepsiCo to sell Tropicana and Naked juice brands to private equity for $3.3bn
Deal with France’s PAI will ‘free’ group to focus on calorie-free drinks and healthier snacks PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked juice brands to the French private equity firm PAI Partners for $3.3bn, as it seeks to focus instead on calorie-free drinks and products it claims are better […]
Smiths Group agrees to sell medical division to US private equity firm
$2.3bn deal with TA Associates is latest in a series of UK acquisitions by overseas buyers The UK engineering firm Smiths Group has agreed to sell its medical division to the US private equity firm TA Associates in a $2.3bn (£1.7bn) deal, in the latest of a string of UK acquisitions by overseas buyers. Smiths […]
PAI Partners to acquire Scrigno from Clessidra Private Equity
Private equity firm PAI Partners (PAI) has agreed to acquire Scrigno, an opening solutions specialist, from the fund Clessidra Capital Partners 3, managed by Clessidra Private Equity SGR (Clessidra). Headquartered in Sant’Ermete (Rimini), Scrigno is a leading fully integrated opening solutions player in Europe. With a primary focus on residential applications, Scrigno operates through three […]
UK private equity activity soars to highest level in five years, says KPMG
Private equity investment in the UK has risen to its highest level in five years, as investors gained a renewed sense of confidence and vendors brought their assets to market – according to new analysis from KPMG. KPMG’s latest study of UK transactions involving mid-market private equity investors showed a boost of activity in H1 […]
Sunset Studios to Spend Almost $1 Billion on New U.K. Film Studio
Blackstone Group Inc. and Hudson Pacific Properties will spend more than 700 million pounds ($974 million) to build a film studio north of London, taking advantage of a shortage in production capacity after streaming services ramped up demand for original content. Blackstone and Los Angeles-based studio operator Hudson Pacific bought the 91-acre (368,260 square-meter) site […]
HIG Capital to acquire Quick Restaurants
An affiliate of global alternative investment firm HIG Capital (HIG) has entered into a definitive agreement to acquire Quick Restaurants (Quick) from Burger King France. The transaction is expected to be completed before the end of the year, following regulatory approval. Established in 1971, Quick is one of the leading burger fast food chains. Present […]
Morrisons counterbid set to come from another US private equity giant
American private equity firm Clayton, Dubilier & Rice (CD&R) is reportedly preparing to submit a counterbid for British supermarket chain Morrisons, after a £6.3bn bid from a rival. US buyout giant Fortress had a £6.3bn bid for Morrisons provisionally accepted last month, after weeks of takeover rumours. The Sunday Times reports today that CD&R are […]
