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Month: August 2021

Drink startups see money pour in following pandemic pullback

The first half of this year saw 59 deals in the sector attract $681.4m, according to PitchBook.

LDC backs GBP 65m MBO of Texecom

LDC has acquired a majority stake in Texecom, a provider of intruder alarm systems, from its listed parent Halma.

Nomura hires Deutsche banker for Apac equity syndicate head job

Nomura has hired Simon Galvin as its new head of equity syndicate for Asia ex-Japan, according to an internal memo seen by GlobalCapital Asia.

RHI Magnesita links €770m credit line to sustainability rating

RHI Magnesita, an Austrian refractory supplier, has linked interest rates on credit lines totaling €770m to a third-party ESG rating. ING acted as arranger on the deal.

Virgin Atlantic sets course for bold IPO

Virgin Atlantic is reportedly preparing an IPO on the London Stock Exchange, raising the prospect of a major airline flotation at a time when the industry is still facing severe headwinds due to the pandemic.

First Darktrace selldown priced at 9.5% discount

A group of pre-IPO shareholders have completed the first selldown of stock in Darktrace, the UK cyber security company, since its flotation on the London Stock Exchange at the end of April.

Deutsche rebuilds ECM team in Asia

Deutsche Bank has appointed veteran investment bankers Albert Chang and Derek Chung to senior positions in Asia Pacific, as the firm rebuilds its regional franchise.

Permira to buy majority stake in Engel & Völkers for further international expansion

Global buyout house Permira has agreed to acquire a majority stake in property brokerage company Engel & Völkers. The post Permira to buy majority stake in Engel & Völkers for further international expansion first appeared

Avista Capital Partners to sell Arcadia Consumer Healthcare to Bansk Group

Healthcare focused private equity house Avista Capital Partners has agreed to sell consumer healthcare provider Arcadia Consumer Healthcare to investment firm Bansk Group. The post Avista Capital Partners to sell Arcadia Consumer Healthcare to Bansk

Eos Venture Partners hires Zach Powell as general partner to enhance investment capabilities

Insurtech-focused venture capital firm Eos Venture Partners has hired Zach Powell as general partner to be based in South Carolina. He will be responsible for investment identification. The post Eos Venture Partners hires Zach Powell

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