UK mid-market firm August Equity has made a partial exit of its investment in Planit Holdings through the sale of the company’s retail division Planit Fusion to 20-20 Technologies for£19m. Planit Holdings is a developer of Computer Aided Manufacturing (CAM) software for the woodworking, cabinet-making, engineering and stone industries. It was listed on AIM prior […]
The Capital Fund, a VC firm focused on Greater London, has sold software company Solcara for £4.5m to ArgentVive, an AIM-listed e-commerce business established in September 2007.
Bank of Scotland Integrated Finance has backed an MBO of Verna Group, a Bolton-based healthcare business, for an undisclosed sum. The company, which provides infection control solutions to the hospital and care home sectors, is being sold by LGV Capital, a London mid-market investor and subsidiary of insurance group Legal & General. The Integrated Finance […]
Spire Healthcare, the renamed BUPA Hospitals group owned by Cinven, has acquired Classic Hospitals from LGV Capital for £145m.
UK mid-market firm August Equity has made a partial exit of its investment in Planit Holdings through the sale of the company’s retail division Planit Fusion to 20-20 Technologies for£19m. Planit Holdings is a developer of Computer Aided Manufacturing (CAM) software for the woodworking, cabinet-making, engineering and stone industries. It was listed on AIM prior […]
HgCapital has sold the Sanctuary Spa Group to PZ Cussons, the consumer products group and maker of Imperial Leather and Carex soap, for £75m.
The California Public Employees’ Retirement System this month sold stakes in roughly 60 private equity funds, mainly mid-market buyout funds, whose average age—eight years—put them in the pension fund’s “mature” category. And more CalPERS-owned stakes may be coming onto the market as the pension fund turns more attention to backing new firms. The sell-off by […]
CalPERS sells stake for between $1B and $1.5B to a syndicate of five firms The California Public Employees’ Retirement System earlier this month sold stakes in roughly 60 private equity funds, mainly mid-market buyout funds, whose average age—eight years—put them in the pension fund’s “mature” category. And more CalPERS-owned stakes may be coming onto the […]
Name: Charles Spiller Organization: Pennsylvania Public School Employees’ Retirement System Title: Director, Private Markets Last Book Read: “Protect and Defend,” by Vince Flynn Hometown: Brockton, Mass. Residence: Elizabethtown, Pa. Education: Bachelor’s degree in accounting, College of Business Administration, Northeastern University The Pennsylvania Public School Employees’ Retirement System, known for an especially transparent style of investing, […]
Target: prAna Price: $36.5 million Sponsor: Steelpoint Capital Partners Seller: Liz Clairborne Inc. Financial Adviser: Seller: Centerview Partners LLC Legal Adviser: Sponsor: Cooley Godward Kronish LLP; Seller: Kramer, Levin, Naftalis & Frankel LLP Steelpoint Capital Partners dug deep into its pockets earlier this month to acquire prAna, the Vista, Calif.-based maker of yoga and outdoor […]