EnServe Group, an energy and utility outsourcing business owned by Cinven, has sold its energy division, Inenco Group, to funds managed by Vitruvian Partners, management and Intermediate Capital Group. UK-based Inenco Group services are provided through three specialised brands Inenco, Inenco Direct and NIFES.
3 min read · 17 July 2013
Read all about the latest in private equity this Wednesday morning including Pinebridge Investments' new secondaries fund; FundersClub's efforts to stay on top and a venture capital fund for privacy start-ups.
1 min read · 17 July 2013
This week peHUB is showcasing analyst, assistant manager, associate and senior associate positions at Black River Asset Management, HarbourVest, Private Advisors and Zurich North America.
2 min read · 16 July 2013
Punter Southall Transaction Services, the specialist transaction consulting division of the Punter Southall Group, and P-Solve, the investment and risk management division of the Punter Southall Group, have acquired boutique financial advisory firm Palisades Capital Advisors. Palisades Capital Advisors provides solutions to complex corporate finance and US pension issues with a particular focus on merger and acquisitions, restructurings and industry-wide pension arrangements.
4 min read · 16 July 2013
Riveron Consulting has appointed David Dollinger as director, with responsibilities over business development and expanding Riveron’s presence in the marketplace. Prior to his move into business development, Dollinger spent some ten years as a financial analyst for a Houston-based global energy firm and then as owner of an IT services company.
3 min read · 16 July 2013
Advisory services firms HillCo HEALTH and Accelus Health Partners have merged. The new entity is called ADVI.
3 min read · 16 July 2013
Newell Rubbermaid has sold its Teach platform, including the Mimio® and Headsprout® interactive teaching technology brands, to Skyview Capital. Terms were not disclosed.
2 min read · 16 July 2013
MedImpact Healthcare Systems, a privately-held provider of pharmacy benefit management services, is acquiring medical security card company ScriptSave. Founder Charlie Horn and private equity investor Monitor Clipper Partners are selling the business.
4 min read · 16 July 2013
The Abraaj Group has backed Plastic Electromechanic Company (PEC), which specializes in plastic injection, the assembly of electrical equipment and harnesses, and medical products. With Abraaj’s operational and financial support, PEC will look to launch new products, expand further into Europe and the Middle East, and look at complementary acquisitions.
3 min read · 16 July 2013
This Tuesday morning First Read brings you Rocket Internet's $500 million fundraising; an update on venture and IPOS and the biggest ever Chinese takeover by Baidu.
1 min read · 16 July 2013
