Currencies Direct relaunches as Redpin
Redpin launches following £140m backing from Blackstone to revolutionise payments and embedded software across the international property market
IDH (now {my}dentist) agrees to sell DD Group
Palamon Capital Partners and IDH Group are pleased to announce that they have entered into a binding agreement to sell DD Group, formerly branded Dental Directory, the UK and Ireland’s number one dental and medical aesthetics distributor and service provider, to an affiliate of Sun European Partners, LLP.
Currencies Direct announces £140 million strategic investment from Blackstone
Palamon Capital Partners, a pan-European growth investor, and Corsair, a leading private equity firm targeting services, software, and payments investments in the financial services market, today announced that funds managed by Blackstone Tactical Opportunities have agreed to make a £140 million strategic investment in Currencies Direct, a leading global provider of digital foreign exchange and international payment services to private clients and small and medium sized enterprises.
Palamon-backed FairConnect agrees acquisition of G-Evolution to create a pan-European leader in connected insurance services
Palamon Capital Partners is pleased to announce that its portfolio company, connected insurance service provider FairConnect, has signed an agreement to acquire G-Evolution from Groupama Assicurazioni Italia.
Palamon agrees sale of Feelunique to Sephora
Palamon Capital Partners is pleased to announce that it has signed an agreement to sell Feelunique to Sephora, the world’s renowned omnichannel Prestige Beauty retailer owned by LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group.
Palamon partners with IDH management in take out of Carlyle
Palamon Capital Partners is pleased to announce that it has partnered with the management team of IDH Group to enter into a binding share purchase agreement to acquire The Carlyle Group’s shareholding and the shares held by the other minority shareholders in the Company to become the sole equity sponsor.
Currencies Direct Completes £165 million Dividend Recapitalisation
Palmon announce that portfolio company Currencies Direct, a global leader in digital foreign exchange and international payment services to high value private clients and SMEs, completed a £165 million dividend recapitalisation.
Palamon-backed Simplify acquires Cook Taylor Woodhouse to strengthen South East presence
Market-leading conveyancing and property services group, Simplify has today announced the acquisition of Cook Taylor Woodhouse Solicitors as part of an ongoing growth strategy, strengthening its presence in London and the South East and increasing the range of options available for clients and introducers.
Palamon sells global leather accessories brand, Il Bisonte, for €100 million
Palamon Capital Partners, a European growth buyout private equity firm, has signed an agreement to sell Il Bisonte to Tokyo Stock exchange-listed fashion distribution specialist, LOOK HOLDINGS INC.
Palamon-backed Simplify Group acquires My Home Move to create the largest conveyancer in the UK
Palamon Capital Partners, a pan-European growth investor, today announced that portfolio company Simplify Group has signed an agreement to acquire My Home Move. The businesses will be combined under the group name Simplify to become the largest conveyancing services business in the UK.
Palamon completes roll-over investment in Ober Scharrer Gruppe alongside Nordic Capital
Palamon Capital Partners has completed a roll-over investment, alongside core Palamon investors Adams Street Partners and PGGM, in Ober Scharrer Gruppe following the sale of the Company by Palamon to majority owner Nordic Capital Fund IX in 2018.
Palamon acquires leading connected insurance services provider, FairConnect
Palamon Capital Partners, a pan-European growth investor, has acquired a majority stake in FairConnect, a provider of connected insurance services. Palamon and its financing partners have invested and committed more than €100 million of funding to the Company.
Palamon agrees sale of Ober Scharrer Gruppe to Nordic Capital
Palamon Capital Partners, a pan-European growth investor, has agreed the sale of OberScharrer Group to Nordic Capital Fund IX. The sale, which is subject to regulatory approvals, will generate investment returns of 3.6x invested capital for Palamon. The full terms of the transaction were not disclosed.
Palamon acquires leading international assessment provider, Thomas International
Palamon Capital Partners, a pan-European growth investor, has acquired a majority stake in Thomas International, a leading international provider of psychometric assessment solutions with a focus on the small and medium-sized enterprise (SME) market. The terms of the transaction were not disclosed.