Maven Capital Partners’s debut institutional private equity buyout fund closed on 100 million pounds ($130.3 million). Maven UK Regional Buyout Fund will target management buyout opportunities in UK companies with an enterprise value of 10 million pounds to 40 million pounds, aiming to invest between 5 million pounds and 15 million pounds in each transaction. MJ Hudson advised Maven Capital.
3 min read · 02 April 2019
Stir Foods, a portfolio company of Wind Point Partners, said April 2 that it has acquired acquired Van Law Food Products. Financial terms weren’t announced. Van law, of Fullerton, California, is a contract manufacturer and private label maker of custom sauces, dressings and beverage products for CPG, retail and foodservice customers.
3 min read · 02 April 2019
IPS-Integrated Project Services LLC, a unit of Alleghany Capital Corp, said April 1 that it agreed to buy a majority of the Cardinal Group Inc. Financial terms weren’t announced. Cardinal, of Woburn, Massachusetts, provides construction management services to the life science and healthcare markets in the Northeastern United States.
4 min read · 02 April 2019
Nutrafol said April 2 that it raised $35 million in Series B financing led by the growth fund of L Catterton. Unilever Ventures, an existing investor, also participated. Nutrafol is nutraceutical brand that aims to improve hair growth performance.
5 min read · 02 April 2019
HGGC said April 2 that it completed an investment in American Megatrends International LLC. Financial terms weren’t announced. American Megatrends, of Norcross, Georgia, provides hardware, software and utilities to makes of desktop, server, mobile and embedded systems.
3 min read · 02 April 2019
3 min read · 01 April 2019
3i Group plc said April 1 that it agreed to invest in Regional Rail LLC. Financial terms weren’t announced. Regional Rail provides freight transportation, car storage, and transloading services in New York, Pennsylvania, and Delaware across three railroads and over 155 miles of track.
2 min read · 01 April 2019
Endeavor LLC, the company once known as William Morris and owner of Ultimate Fighting Championship league, has filed to go public or is about to file confidential paperwork for an IPO, the Wall Street Journal reported. Canada Pension Plan Investment Board invested $400 million in the company in 2017. Silver Lake is also an investors. Endeavor is valued at $6.3 billion, the WSJ said.
1 min read · 01 April 2019
Marsh & McLennan Cos Inc said April 1 that it its $5.6 billion buy of Jardine Lloyd Thompson Group plc has closed. The deal was announced in September.
3 min read · 01 April 2019
Mill Point Capital has acquired Kemp Technologies. Financial terms weren’t announced. Kemp, of New York, provides load balancer and application delivery controller solutions and services.
2 min read · 01 April 2019