Listed UK mid-market private equity firm Inflexion has raised £21 million and acquired a portfolio of interests from London Merchant Securities in exchange for a stake of at least 53.7 percent.
Commerzbank Securities has appointed Thorsten Gladiator as transaction team leader for its Frankfurt-based Capital Structuring Group (CSG) while Susana Gomes has joined the London team as an associate.
The private equity units of Allianz and Goldman Sachs have sold their majority interest in the German industrial gases company to French group Air Liquide in a €2.68bn deal.
Close Brothers Growth Capital Fund II, which invests in UK SMEs using hybrid debt and equity structures, has raised £50m from four institutions.
The US law firm has plans to hire 20 private equity specialists over the next 18 months to grow a European franchise overseen by Matthew Hudson and John Daghlian.
A private equity consortium comprising Candover, 3i and JPMorgan Partners has completed the purchase of part of ABB’s oil and gas business for at least €729m.
Los Angeles-based Clarity Partners is leading a group of private equity firms in the creation of a Spanish-language newspaper platform company.
In a further sign of hot activity in the energy sector, gas group El Paso has agreed to sell 25 US power generation facilities to AIG for $746m plus the assumption of $174m in debt.
Acanthus Advisers, the London-based private equity fund placement business, has merged with MMC Advisers, the independent corporate finance boutique.
John Daghlian, a senior member of law firm SJ Berwin’s private equity funds group, is joining O’Melveny & Myers, an international corporate law firm.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination