Europe
Headlines
MHA MacIntyre Hudson strengthens corporate finance team
Edward Hooper to lead transaction services offering in London Top 20 UK accountancy firm MHA MacIntyre Hudson has appointed Edward Hooper as a director in its corporate finance team. With more than 10 years’ industry experience, Edward will be responsible for leading the firm’s transaction services offering in London, acting for small and...
Ancala strengthens asset management and investment teams with two appointments
Ancala Partners (‘Ancala’), the independent mid-market infrastructure investment manager, has strengthened its infrastructure asset management and investment teams with two new appointments. Ancala has appointed Charles Herriott as Asset Manager to assist in the active management of existing investments in Ancala’s portfolio. He joins...
Bridges backs growth business Just Ask to drive better outcomes for housing association residents
Just Ask is a facilities management business that works exclusively with Housing Associations, employing nearly 450 people and serving over 50,000 homesIt is currently growing at about 40% per annum and has a market-leading reputation for outstanding customer service, social value and community engagement Bridges has taken a majority stake,...
Drooms DEALFLOW enables investors to manage multiple deals in one private centralised database
Online tool launched in the UK for the first timeAccessible from mobile, portable and desktop devices Workflow tools enable effective and secure collaboration between different parties Drooms, a leading provider of virtual data rooms in Europe, today launches Drooms DEALFLOW in the UK. Drooms DEALFLOW offers a private, cloud-based and simple to...
LeapFrog Companies Reach 100 Million People
Ten years on since founding, LeapFrog’s portfolio of companies reach 111 million people across Africa and Asia93.8 million are emerging consumers earning less than $10 PPP per day Companies achieved 43% annual revenue increase per year from time of investment. Companies grew their emerging consumer base by 67% per year Companies deliver 184 financial...
Finance
Bethmann Bank snaps up Hauck & Aufhäuser CIO
Bethman Bank has appointed former CIO at Hauck & Aufhäuser, Reinhard Pfingsten to head its investment office as of 1 April 2018. In his new role, Pfingsten will be responsible for the Bethman Bank’s investment… ...Read More
Henrik Stille to join Madrid Forum 2017
Nordea Asset Management portfolio manager Henrik Stille will take part to the upcoming Madrid Forum 2017 to be held on 16 November at The Westin Palace Madrid. Stille (pictured), who has been working within the… ...Read More
Sanso IS to merge away flexible global diversified funds
French boutique Sanso Investment Solutions will merge its Sanso Flexible International fund into its Altiflex fund on 8 November 2017. Both are flexible global diversified strategies and share the same investment goal, outperforming a composite… ...Read More
EFGAM to discuss Swiss Equities at Zurich PFF
Urs Beck, head of Swiss Equities at New Capital- EFG Asset Management will discuss active investment in Swiss equities at the InvestmentEurope Pension Fund Forum held at the Park Hyatt in Zurich on 14th of… ...Read More
Hermes IM granted $400m global high yield mandate by Swedish AP1
London-headquartered Hermes Investment Management has been awarded a $400m (€338.8m) global high yield credit investment mandate by a buffer of the Swedish national income pension scheme Första AP-Fonden (AP1). The mandate seeks to improve the… ...Read More
Legal
Lamont Pridmore warn high earners about HMRC raids
Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...
A Legal Perspective on the Government’s Brexit White Paper
Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...
32% law firms see private equity as a principal source of external funding
With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines. 32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...
Shoosmiths continues South East expansion with partner hires
National law firm Shoosmiths has further strengthened its corporate team with the appointment of two new partners into the South East offices.Amit Nayyar joins Shoosmiths from Hogan Lovells where he was a leading corporate partner. Previous to this, Amit has held positions at White & Case and Pinsent Masons. Based out of Shoosmiths’ Milton Keynes...
Proskauer, Loeb & Loeb, Cooley Bring NHL to Las Vegas
Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City. Read More
Deals
Maven and Enso invest £2 million to support roll-out of Cognitive Geology’s Hutton software
Funding will enable Cognitive to develop its pipeline of third generation petroleum geoscience software modules Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, and Enso Ventures (“Enso”), a leading specialist early-stage venture capital firm have invested £2million in Cognitive Geology (“Cognitive”),...
Tenzing backs the management team of cyber security leader, Smoothwall
UK lower mid-market investor, Tenzing, today announces its investment in Smoothwall Ltd, the market leading provider of dynamic web filtering technology for the education and public sectors. Founded in 2001, Smoothwall is a specialist web filtering provider with both on-premise and cloud-based offerings. Smoothwall pioneered real-time, content...
Fresh Montgomery Acquires FDIN
Influential food & drink entities join forces to drastically enhance category value Fresh Montgomery, the UK’s leading organiser of food, drink & hospitality events has embarked on an acquisition of the Food & Drink Innovation Network (FDIN). A huge development for the UK food & drink industry, this acquisition adds enormous value to food/drink/hospitality...
Maven and YFM-backed Indigo Telecom Group acquires Belcom247
Acquisition adds a range of additional services and geographical reach to strengthen Indigo’s capabilities customer offering and market positionFirst acquisition by Indigo as part of its buy-and-build strategy following its MBO which was funded by Maven Capital Partners and YFM Equity PartnersEnlarged Group has revenues of £28 million; EBITDA doubles...
YFM Equity Partners invests £1.5m into e2E
YFM Equity Partners (“YFM”), the specialist private equity fund manager, has backed a £1.5 million investment into e2E Engineering Limited (e2E), a leading technical consultancy operating in the telecommunications market, with particular expertise in satellite communications. YFM’s funding comes from its two advised VCTs, British Smaller Companies...
Acq Lite
Time-lapse video catches skateboarder clinging to bus
Oct. 20 (UPI) -- A man taking time lapse video of a busy road in Australia accidentally captured footage of a skateboarder clinging to the back of a moving bus.A video posted to Instagram by user @corinrules shows a time-lapse of Adelaide St. in Brisbane, Queensland.The video captured a skateboarder appearing to hitch a ride by clinging to the back...
Australian man fells tree with barrage of bare-knuckle punches
Oct. 20 (UPI) -- A man at an Australian ranch was filmed showing off an unusual method of felling a tree -- with bare-knuckle punches.A video filmed last week at the Alpha-Daisy ranch in Queensland shows the man practicing his boxing moves on a banana tree.The man's rapid punches slowly start to tear away pieces of the tree, until it finally falls over."He's...
Teen pulled over while wearing 'Shrek' makeup
Oct. 20 (UPI) -- A teen was pulled over by police while on her way home from school while wearing a face full of Shrek makeup.Twitter user haybay shared a photo of herself made up to look like the titular green ogre from the series of DreamWorks Animation films."Ok so I got pulled over on my way home from makeup class," she wrote.Haybay didn't provide...
Restaurant under fire for re-serving Popeyes chicken
Oct. 20 (UPI) -- A California restaurant is defending its practices after customers reacted angrily to finding out the eatery re-serves Popeyes chicken in two dishes.The controversy at Sweet Dixie Kitchen in Long Beach began when customer Tyler H. posted a review on Yelp that accused the eatery of re-serving fast food from Popeyes Louisiana Kitchen."Before...
Woman brings police officer a cake reading: 'Sorry I tried to bite you'
Oct. 20 (UPI) -- A Louisiana woman whose night at a wine tasting took a turn for the worse returned to a police station with a message on a cake: "Sorry I tried to bite you."Celina Dally posted a photo to Facebook showing her presenting the cookie cake to Lake Charles Police Officer Guillory a few days after her arrest."Most of you [don't] know lol...