|
Almeida Capital is pleased to be a premier sponsor of AltAssets
|
FREE newsletter RSS
INTELLIGENCE
RECRUITMENT
KNOWLEDGE BANK
EVENTS
SECTOR ANALYSIS
HEDGE FUNDS
|


Click here for printer friendly page
Weekly Deals and Funds Roundup: 26 October 200526/10/2005. Source: AltAssets. 
A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments. This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
Graphite Capital is backing an experienced management team to build a new nursing home group, Avery Healthcare, with a £29m development capital package. The management team includes managing director John Strowbridge, who has developed and profitably sold three care home businesses, and commercial director Ian Matthews, previously a director of Barchester Healthcare and Westminster Healthcare. Roger Storey joins as non-executive chairman, having previously founded Ridgmont Care Homes in which Graphite was the majority shareholder prior to its sale to Ashbourne Healthcare for £88m earlier this year. Financial controller Yogesh Mistry is a former financial controller of Ridgmont Care Homes.
21 Centrale Partners has sold its equity stake in SWORD GROUP for a net cash amount of approximately 48m. Within the past five years the turnover of the company has increased from approximately 10m to more than 100m, the EBIT from 1,5m to 16m, and the net profit from 0,2m to 9,7m. 21 Centrale Partners is a private equity firm investing in French mid-market LBO deals. It is part of the European private equity group 21 Investimenti, led by Alessandro Benetton and Gιrard Pluvinet, which manages and/or advises around 1bn of assets.
US mid-market buy-out specialist Littlejohn & Co. has agreed to sell PSC, an international data collection technology and services provider, to Datalogic, a manufacturer of bar code readers and radio frequency identification systems in a $195m transaction.
FUNDS
Crosslink Capital has closed Crosslink Ventures V on $250m. The original target of the fund was $200m. The new venture capital fund will invest in technology and related services. Crosslink Capital is a multi-stage technology venture capital and growth equity firm with $1bn in capital under management. It began as a venture capital group at Robertson Stephens in 1989 and became independent in January 1999.
Copyright © 2005 AltAssets

|
 

|
|
|