UK mid-market private equity specialist Graphite Capital has backed the management buyout of City & County Healthcare Group from Sovereign Capital Partners. This is the first investment made from Graphite’s new fund, Graphite Capital Partners VIII, which closed in October.
3 min read · 09 December 2013
UK-based wealth manager Bellpenny has completed the acquisition of MGW Ltd, a wealth manager based in Glasgow. MGW is the second Glasgow-based IFA business purchased by Bellpenny, following its acquisition of K M Financial Advisers in August. The majority of MGW’s clients are based in the Central Scotland area.
3 min read · 09 December 2013
TSG Consumer Partners has promoted Jennifer Baxter Moser to managing director and partner, and Dan Costello to principal. Moser joined TSG nearly seven years ago and Costello joined the firm in 2007.
2 min read · 09 December 2013
Medical device company Gecko Biomedical has closed a 8 million euros ($11 million) Series A financing round. The financing was co-led by Omnes Capital and CM-CIC Capital Finance, and joined by CapDecisif Management.
6 min read · 09 December 2013
Recipe box delivery business Gousto has closed a $2 million investment led by MMC Ventures and backed by existing investors including the Angel CoFund. The funding will be used to further strengthen the product and to fast track the business.
3 min read · 09 December 2013
Altius Holdings has appointed Joseph Crumbling to the board of directors. Crumbling is a vice president of T. Rowe Price Group and T. Rowe Price Associates.
2 min read · 09 December 2013
Alkhabeer Capital has acquired a majority shareholding in Express Publishing and Investment Limited. The acquisition marks Alkhabeer Capital Private Equity’s second transaction in the UAE’s industrial sector.
3 min read · 09 December 2013
High Road Capital Partners has reached a final close of High Road Capital Partners Fund II. Fund II hit its hard cap and raised $320 million in total commitments, in excess of its $200 million target and twice the size of its predecessor fund.
2 min read · 09 December 2013
Kickstart your week with the latest private equity news updates including an Australian IPO boom prediction; PE outperforming public equities and find out whether your start-up is ready for venture financing.
1 min read · 09 December 2013
OrderWithMe.com has expanded operations to Las Vegas and closed a $6 million Series B funding led by a group of investors including Vegas Tech Fund, BaseVC, Tony Hsieh, and other local Las Vegas investors. This round also included previous investors Infinity Venture Partners, SOS Ventures and Silicon Valley Bank.
3 min read · 05 December 2013
