Firms and Funds

Target: Newnan Utilities Price: $70 million Sponsor: Halyard Capital Seller: Newnan Water, Sewage and Light Commission Financial Adviser: Seller: DH Capital Legal Counsel: Sponsor: Hogan & Hartson; Seller: Paul, Hastings, Janofsky & Walker The second time is turning out to be a charm for Halyard Capital. In a handful of its recent deals, the New […]

Firm: Woodside Capital Partners Fund: Woodside Capital Partners V LP Target: $80 million to $100 million Woodside Capital Partners is nearing a first close on its fifth buyout fund—its first to consider using money from institutional investors, a source familiar with the situation told Buyouts. Targeting between $80 million and $100 million for Woodside Capital […]

Helsinki-headquartered private equity firm CapMan has sold its investment in Staffpoint, Finlands market-leading recruitment agency. The company has been acquired by GW Sohlberg, an Espoo-based plastics manufacturer. The deal value was not disclosed but the sale of the firm’s 66% stake has earned CapMan €4m. The buyouts specialist invested in Staffpoint in 2002 through two […]

UK telecoms giant Vodafone has paid €31.5m for a Danish software company that specialises in making software for mobile phone address books. The business, ZYB, is based in Copenhagen and was founded in 2005. In late 2006, Nordic Venture Partners invested in the company and over the course of the last 18 months invested a […]

Buyouts group Advent International has sold Polish insulation business Bolix to Berger Paints, one of India’s largest paint manufacturers, for US$38.6m. It is Advent’s first Central & Eastern European exit since June 2007 when it sold its stake in the Bulgarian Telecommunications Company (BTC) to AIG Capital Partners for €1.08bn. Advent closed its fourth fund […]

Institutional investors in emerging markets private equity are ignoring the credit crunch and showing their confidence by continuing to commit money according to a survey conducted by the Emerging Markets Private Equity Association (EMPEA). The research results show that 74% of limited partners are looking to increase allocations to emerging markets private equity over the […]

WirelessMatch, a VC funding network aimed at the wireless, mobile internet and mobile telecoms markets, has launched a partnership with angel investment network Invensco aimed at young companies in the space. The WM Investment Pool has chosen five companies for its members to invest in, with a minimum amount of £25,000. Within that pool, investors […]

The limit to annual investment under the Enterprise Investment Scheme (EIS) and other tax-based venture capital schemes could be raised above £2m according to the UK government. At the EIS Association’s spring seminar, David Halliday of the HM Revenue & Customs (HMRC) announced that the government was negotiating with Brussels to up the state aid […]

In this busy world it can be tough to find that someone special, especially if you’re a business angel sitting on a pile of cash itching to invest in some promising entrepreneur if only you can find one. Angels Den, a company that specialises in putting investors together with start-ups, has come up with a […]