By Andrei Skvarsky. Debt investor Permira Debt Managers (PDM) has continued its strategic line of investing in technology-focused companies by making a loan recently to global sports media technology firm Deltatre to help it to refinance a debt and support its buyout of a software company. Continue Reading
Category Archives: Deals
PDM makes refinancing loan to French software firm
By Andrei Skvarsky. London-based debt investor Permira Debt Managers (PDM) is currently making a debt refinancing loan to DL Software, a French software publisher for small and medium-sized businesses. Continue Reading
Arab development bank acquires stake in African multilateral lender
By Andrei Skvarsky. The Arab Bank for Economic Development in Africa (BADEA), an institution owned by 18 Arab countries, has acquired a stake in the multinational Eastern and Southern African Trade and Development Bank (TDB). Continue Reading
Deals worth billions of dollars made during 53-nation Africa Investment Forum
By Andrei Skvarsky. Billions of dollars’ worth of deals were clinched during Africa Investment Forum, an event in Johannesburg on November 7-9 that brought together more than 1,000 people from 53 countries, including 23 non-African states, African Development Bank (AfDB) said. Continue Reading
Credit Suisse, J.P. Morgan, Merrill Lynch, UBS, RenCap, Sova, Wood organising IPO for Belarus grocery chain
By Andrei Skvarsky. Credit Suisse and J.P. Morgan Securities are acting as joint global coordinators for a planned initial public offering of shares (IPO) next month by Eurotorg, the largest grocery retailer in Belarus. Continue Reading
PDM provides Trilantic Europe with loan for buying out talent management firm
By Andrei Skvarsky. Debt investor Permira Debt Managers (PDM) has provided private equity firm Trilantic Europe with a loan for the acquisition of YM&U, a talent management company that was formerly called James Grant Group but was renamed during a rebranding simultaneous with the buyout. Continue Reading
Permira provides loan to support Inflexion/Bollington Wilson union
By Andrei Skvarsky. London-based private debt company Permira Debt Managers (PDM) has acted as the sole senior secured lender to support partnership between two British companies, private equity firm Inflexion and insurance broker Bollington Wilson, which was bought out by Inflexion several months ago. Continue Reading
Tolar sells blockchain licence to Bahrain govt
By Andrei Skvarsky. Tolar, a one-year-old blockchain and cryptocurrency developer group based in ex-Yugoslav states, has signed a deal licencing the Bahraini government to use an advanced technology based on its flagship blockchain project. Continue Reading
Permira provides Bridgepoint with loan for buying out French retailer
By Andrei Skvarsky. Investment group Permira Debt Managers (PDM) has announced that one of its funds is acting as the sole lender to buyout firm Bridgepoint in the acquisition of Private Sport Shop, one of France’s largest sports equipment online retailers. Continue Reading
Permira refinances loan for French surveillance equipment maker Anaveo
By Andrei Skvarsky. Global investment firm Permira has refinanced a loan it provided for French electronic surveillance equipment manufacturer Anaveo a while ago. Continue Reading
Sovcombank-Rosevrobank merger expected to create one of Russia’s top 3 private banks
By Andrei Skvarsky. Russia’s Sovcombank and Rosevrobank have agreed to merge in a deal that will bring into being what is expected to be one of Russia’s top three private banks by assets and capital. Continue Reading
Russia’s Sovcombank buys 11-pct stake in Rosevrobank from EBRD
By Andrei Skvarsky. Russia’s Sovcombank, a universal bank with an extensive nationwide retail network, has enlarged its interest in another Russian lender, Rosevrobank, by buying an 11-per-cent stake in the latter from the European Bank for Reconstruction and Development (EBRD). Continue Reading
FXPrimus, trade.io launching app for checking financial trade data accuracy
By Andrei Skvarsky. Blockchain trading platform provider trade.io and financial broker FXPrimus are launching a blockchain-based application for financial traders to check whether data shown on their MetaTrader 4 (MT4) online trading platform has not been tampered with. Continue Reading
Permira fund provides private equity firm Vitruvian with loan for buying out Techogroup
By Andrei Skvarsky. A fund run by Permira Debt Managers, an arm of private equity firm Permira, was the sole senior secured lender financing the recent buyout of German information service provider Technogroup IT-Service by pan-European private equity firm Vitruvian Partners. Continue Reading
Russia’s ITI Group Buys Out UK’s Walbrook Capital Markets
By Andrei Skvarsky. Russian financial services company ITI Group has bought out Walbrook Capital Markets, a London-based multi-asset brokerage that provides access to a range of electronic trading platforms and telephone services. Continue Reading
Russia-upbeat multinational buys Moscow packaging maker – Moorgate Capital
By Andrei Skvarsky. Smurfit Kappa, a Dublin-headquartered multinational packaging manufacturer, has boosted its presence in Russia by buying out a Moscow-based packaging producer, according to British financial adviser Moorgate Capital. Continue Reading
ITI Group buys UK brokerage from Russia’s Uralsib financial corporation
By Andrei Skvarsky. ITI Group, an emerging markets brokerage focusing on technology and algorithmic trading, has bought a London-based brokerage from Russian financial corporation Uralsib. Continue Reading
Moorgate Capital reports second ‘milestone’ deal for 2016
By Andrei Skvarsky. Moorgate Capital, a London-based financial advisory firm, has announced the completion of this year’s second “milestone” transaction it has been involved in, a deal in which one of its serial clients, a leading European producer of packaging, was sold to an investment company. Continue Reading
Asia Frontier Capital (AFC) – August 2016 Newsletter
“Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffet AFC Funds Performance Summary The AFC Asia Frontier Fund has recorded its 6th month of positive performance in… Continue Reading
Moscow Exchange to buy back two subsidiaries in consolidation scheme
By Andrei Skvarsky. Moscow Exchange will buy back two subsidiaries in a planned consolidation process to be completed by the end of 2016. Continue Reading
Russia’s BCS to officially launch business in N. America
By Andrei Skvarsky. BCS Global Markets, a key Russian securities broker, will officially launch business in North America within a couple of weeks after a current transaction in which it is buying out Alforma Capital Markets, a US subsidiary of Russia’s Alfa-Bank, is due to be completed. Continue Reading
Goldman Sachs said to have bought stake in Russian online recruitment firm
By Andrei Skvarsky. Goldman Sachs is said to be among investors that have bought out online recruitment agency HeadHunter (hh.ru) from Mail.Ru Group, a leading Russian Internet company listed on London Stock Exchange, for 10bn roubles (about $145.5m at the current market exchange rate). Continue Reading
Moscow Exchange : Derivatives trade doubles in volume year-on-year
By Andrei Skvarsky. Trade in securities, money and precious metals on Moscow Exchange has grown significantly year-on-year with sales of derivatives more than doubling and those of precious metals nearly trebling, the bourse said. Continue Reading
Moscow Exchange reports record client activity in derivatives, forex segments
Moscow Exchange has said it had record client activity in its derivatives and foreign exchange segments in February. Continue Reading
Moscow Exchange reports booming securities, FX trade despite Russia’s woes
By Andrei Skvarsky. Moscow Exchange has said the turnover of financial instruments, money and precious metals on its trading floors has grown massively year on year, with sales of foreign exchange increasing by two and half times and those of derivatives nearly doubling. Continue Reading
Lamudi property trader raises 29m euros for Asia, Latin America business
By Andrei Skvarsky. Lamudi, an online real estate trader focusing on emerging and frontier markets, has raised 29m euros ($31.4m) in investment to grow its operations in Latin America and Asia. Continue Reading
Property portal Bayut.com raises $20m in 3rd round of venture funding
By Andrei Skvarsky. Dubai-based online real estate dealer Bayut.com has raised $20m in the third of three rounds of venture investment. Continue Reading
Sberbank lending $340m for Arctic oil transport project
By Andrei Skvarsky. Sberbank, Russia’s largest bank, has agreed to lend $340m to Russia’s biggest shipping company for an Arctic oil shipment project. Continue Reading
Russia’s VTB Capital debuts in German M&A market
By Andrei Skvarsky. VTB Capital, the investment arm of Russia’s second-biggest bank VTB, has enlarged its international record of advice on mergers and acquisitions with the first M&A deal it helped to carry through in Germany. Continue Reading