The Central Africa Growth Sicar fund has exited its stake in Oragroup, a Togo-based, regional commercial banking holding company. The exit represents 2.2x CAGS’ initial investment. CAGS is managed by pan-African private equity firm Emerging Capital Partners.
3 min read · 12 May 2014
Graphite Capital has sold Education Personnel to its management team. The buyout was backed by ICG. Education Personnel is a provider of supply teachers and educational support staff to schools in England and Wales.
3 min read · 12 May 2014
OMERS Private Equity has appointed Jonathan Mussellwhite as a managing director in its London office. Previously, he was one of the founding partners of Cognetas, a pan-European mid-market private equity firm, where he co-led the London office from 2009.
3 min read · 12 May 2014
This morning First Read brings you the latest after the weekend including the secrets to venture capital success, pension funds facing a dilemma over private equity cash returns and Quantum Energy targeting $2.5 bln for Fund VI.
1 min read · 12 May 2014
Teakwood Capital has exited its investment in ExamSoft. Headquartered in Dallas, ExamSoft is an education software provider.
2 min read · 08 May 2014
Mobile app Delectable has raised a $3 million Series A round. The funding was led by Deep Fork Capital, DN Capital and Ceyuan Ventures.
2 min read · 08 May 2014
Monroe Capital has backed a $20.8 million unitranche credit facility to support the growth of Gracelock Industries. Based in Los Angeles, California, Gracelock Industries is an e-commerce provider to the marine, power sports, and home décor industries with operations throughout North America.
2 min read · 08 May 2014
Hassle.com has secured a $6 million Series A investment from Accel Partners. The UK-based business is an online marketplace that connects busy people with local, trusted cleaners.
3 min read · 08 May 2014
Highlander Partners has sold its portfolio company SensoryEffects to Balchem Corporation. The purchase price was $567 million, before working capital and other adjustments.
4 min read · 08 May 2014
OFS Energy Fund has completed a one-and-done closing on its third private equity fund. The vehicle was oversubscribed at its $175 million hard cap.
3 min read · 08 May 2014
