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Category: Software and Hi-Tech

Marquee Brands Acquires Sur La Table

Marquee Brands and CSC Generation have agreed to acquire the Sur La Table brand and all of its related intellectual property for $88.9 million. Seattle-based Sur La Table (French for “on the table”) is a

Blackford Sells Ellison Bakery to Tilia

Blackford Capital has sold Ellison Bakery, a manufacturer of bakery products sold to the foodservice industry, and retail and private label sectors, to Tilia Holdings, a Chicago-based firm that invests in the food sector. Ellison

Fort Point Builds Elevator Maintenance Platform

3Phase Elevator, a portfolio company of Fort Point Capital, has acquired Low Rise Elevator. Low Rise is based near Philadelphia in Lima, Pennsylvania and provides maintenance, repair, and modernization services to customers in the Philadelphia

Brexit: UK and EU talks have stalled again – here’s why

A new dispute shows that hopes for an agreement may still be premature

PE Actively Supporting Portfolio Companies

According to a new report from Lincoln International, as the initial shockwaves of the global pandemic subside, both middle market private equity firms and lenders have proven supportive as portfolio companies navigated the financial challenges

Stafford raises initial €153m for infrastructure secondaries fund

The London-based alternatives specialist launched the strategy in January this year

Citigroup pays revlon lenders nearly $900m by mistake

Bank asks Revlon investors to give money back after mistakenly making loan payment

Procuritas exits Swedish temporary space solutions provider

The Swedish private equity firm sold Temporary Space Nordics (TSN), a company it invested in 2018, to Agelco Group

Nordic Capital X hits €5bn target in first close – reports

Nordic Capital has held a €5bn first close for its 10th private equity fund, hitting its initial target, according to press reports.

Genesis acquires Home Care Promedica

Genesis Capital has acquired a majority stake in Home Care Promedica, a Czech provider of home care services.

Bid acquires Pisa Sales

Bid Equity has acquired customer relationship management (CRM) software company Pisa Sales.

Vangionen Capital backs Guenter Hofstetter

Vangionen Capital has acquired Guenter Hofstetter, a German high-precision machine parts manufacturer currently under administration.

Procuritas exits Temporary Space

Procuritas has sold its portfolio company Temporary Space Nordics, a construction company of temporary premises, to Algeco.

VCs in £33m round for Form3

Draper Esprit and 83North have invested in a £33m funding round for payments company Form3.

Hony Capital’s PizzaExpress closes 73 outlets and cuts 1,100 jobs

The Chinese private equity firm, which owns the British restaurant group since 2014, agreed to a restructuring deal earlier this month

Africa-focused PE major Helios hires ex-Carlyle EMEA sustainability head as ESG director

African private equity major Helios Investment Partners has brought in former Carlyle EMEA head of sustainability Phil Davis as director of ESG.

FN50 Most Influential in Private Equity 2020 nominations are now open

e deadline for submissions is close of business on 11 September

American Capital spin-out Northlane passes $250m for first independent fundraise

American Capital spin-out Northlane Capital Partners has pulled past the $250m mark for its inaugural independent fundraise.

Canadian pension giant OTPP to lose veteran CFO David McGraw after 16 years

Veteran Ontario Teachers' Pension Plan CFO David McGraw is retiring after 16 years with the pension fund.

Long-serving Cerberus Capital senior exec Ron Rawald dies suddenly aged 56

Long-serving Cerberus Capital senior exec Ron Rawald has died suddenly at the age of 56.

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