All Transactions
Camano and Tonka Bay Partner Up

Camano and Tonka Bay Partner Up

Camano Capital and Tonka Bay Equity Partners have partnered up to invest in E-Cloth, a maker of microfiber cleaning products. E-Cloth produces a line of environmentally conscious microfiber cleaning products – designed to clean using

All News
Do Reps and Warranties Insurers Pay Claims?

Do Reps and Warranties Insurers Pay Claims?

Law firm Lowenstein Sandler has just published a report, Getting Paid: A Look at Representations & Warranties Insurance, that explores whether insurances companies actually pay reps and warranties (R&W) claims. According to Lowenstein Sandler the

Consumer Services
OakNorth Bank provides fund facility to Bluegem

OakNorth Bank provides fund facility to Bluegem

OakNorth Bank has provided a subscription facility to Bluegem Capital Partners, a private equity firm focused on European consumer businesses.

Politics
Capvis buys Business Systems Integration

Capvis buys Business Systems Integration

Capvis has acquired a majority stake in Swiss cusomter relationship management (CRM) software developer Business Systems Integration (BSI).

asia
MBK Partners said to enter Car Inc takeover talks after Luckin Coffee accounting scandal impacts share price

MBK Partners said to enter Car Inc takeover talks after Luckin Coffee accounting scandal impacts share price

Asian private equity major MBK Partners is reportedly in talks for a take-private buyout of China's top car rental business Car Inc, which could value the company at up to $850m.

Event
HSBC closes its second private equity fund at $260m

HSBC closes its second private equity fund at $260m

The global fund is part of the bank's annual Vision programme, expected to announce a new launch in the last quarter this year

Event
Capital D to launch next fund in Q4

Capital D to launch next fund in Q4

Capital D is to launch its next fund in Q4.

Digital Transformation
Global Brain extends series-A for Element Insurance

Global Brain extends series-A for Element Insurance

Global Brain has led the extension of series-A funding round for Element Insurance, a German white-label digital insurance provider, by an additional €10m, taking the total to €39m.

Buyout
Providence agrees EdgeConnex exit to EQT, deal said to value business at up to $3bn

Providence agrees EdgeConnex exit to EQT, deal said to value business at up to $3bn

Providence Equity Partners has scored a sale of cloud data centre business EdgeConneX to fellow private equity player EQT in a deal which reportedly values the company at between $2.5bn and $3bn.

Software and Hi-Tech
Hg sells Citation to KKR

Hg sells Citation to KKR

Hg has sold business support service Citation to KKR.

Alternative Investment Fund Managers Directive (AIFMD)
EU regulator calls for changes to AIFMD rules as review begins

EU regulator calls for changes to AIFMD rules as review begins

The EU’s Alternative Investment Fund Managers Directive (AIFMD) is up for review and the European Securities and Markets Authority (ESMA) has now issued an open letter about the key areas that may need some attention.

Limited Partners
Baird Capital buys Welsh ‘aircraft recycler’ eCube

Baird Capital buys Welsh ‘aircraft recycler’ eCube

The investment is expected to help the company expand to North America

Buyout
LeBlanc replaces Onex Corp founder Schwarz as president as firm reveals succession strategy

LeBlanc replaces Onex Corp founder Schwarz as president as firm reveals succession strategy

Canadian private equity major Onex Corp has named veteran investor Bobby Le Blanc as president as it shakes up its upper management as part of a long-term succession plan.

Software and Hi-Tech
KKR acquires business service provider Citation from Hg

KKR acquires business service provider Citation from Hg

KKR is the third private equity owner of the UK company, which was sold by ECI Partners to Hg in 2016

Manufacturing and Industrial
Baird Capital acquires eCube

Baird Capital acquires eCube

Baird Capital has acquired eCube, an airplane parts recycling company.

architecture
CEE specialist Innova Capital seals Trimo trade sale to Kingspan Group

CEE specialist Innova Capital seals Trimo trade sale to Kingspan Group

Central and Eastern Europe-focused private equity house Innova Capital has agreed to sell building wall and roof supplier Trimo to trade buyer Kingspan Group.

Buyout
Whitman Peterson picks up $160m towards latest flagship real estate fundraise

Whitman Peterson picks up $160m towards latest flagship real estate fundraise

Real estate-focused private equity house Whitman Peterson has hauled in $160m so far towards its fourth flagship fundraise.

bank
HSBC asset management arm hits $260m final close for second Vision private equity raise, expects Fund III raise to begin in Q4

HSBC asset management arm hits $260m final close for second Vision private equity raise, expects Fund III raise to begin in Q4

The $52.6bn-managing HSBC Global Asset Management has hit a $260m final close for its second annual Vision private equity fundraise.

Software and Hi-Tech
EQ Asset Management eager to deploy following double fund close

EQ Asset Management eager to deploy following double fund close

Finnish firm EQ Asset Management held final closes for two funds-of-funds in June. Eliza Punshi catches up with head of private equity Staffan Jåfs to discuss the fundraise and the firm's appetite to invest

deal
Stafford Capital clears €150m for first close of latest infrastructure secondaries raise

Stafford Capital clears €150m for first close of latest infrastructure secondaries raise

Stafford Capital Partners has pulled in more than €150m for the first close of its fourth infrastructure secondaries fundraise.

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