Babson supports Exponent’s BBI acquisition

Babson Capital Management has provided undisclosed funding to back Exponent Private Equity‘s buy of BBI. Babson teamed up with Crescent Capital and EQT Credit on the financing. Based in the UK, BBI is a provider of diagnostic testing components for food safety, healthcare and other applications.


Alere to sell BBI unit to Exponent Private Equity

Alere Inc. said Thursday that it has agreed to sell its BBI business to Exponent Private Equity LLP for approximately $164 million, including $47 million in contingent consideration. Alere also said that it has acquired US Diagnostics for $60 million cash. BBI provides products and services for the diagnostic, healthcare, research, defense and food industries. Huntsville, Alabama based US Diagnostics offers drug testing devices.


Exponent Private Equity acquires Loch Lomond Distillery Company assets

UK-based Exponent Private Equity has acquired the assets of The Loch Lomond Distillery Company for an undisclosed sum. The Loch Lomond Distillery Company’s assets include the Loch Lomond Distillery at Alexandria, West Dunbartonshire; the Glen Catrine packaging plant at Mauchline in Ayrshire; and the Glen Scotia malt distillery in Campbeltown, Argyll and Bute.

Exponent Private Equity Acquires Fintrax

UK-based private equity house Exponent Private Equity has acquired Fintrax Group Holdings for 170 million euros ($211.2 million) from majority shareholder the Barry Family Trust and management. Fintrax, which employs over 400 people across 26 countries, specialises in multicurrency payments, VAT refunds and credit card processing. PRESS RELEASE Exponent Private Equity (“Exponent”), today announces the […]

Exponent Private Equity Promotes Davison to Partner

UK-headquartered Exponent Private Equity has promotes Simon Davidson as partner at the firm. He has been at the firm since 2008, during which time he has been closely involved with a number of Exponent’s retail, consumer and leisure investments. PRESS RELEASE Exponent Private Equity is pleased to announce that Simon Davidson has been promoted to […]

Bids Due Next Week for UK’s The College of Law

A number of firms will reportedly bid next week for one of the UK’s largest law schools, The College of Law, Reuters reported Friday. Buyers linked to the deal include education company Pearson, KKR-owned Laureate International Universities and buyout house Providence Equity Partners, as well as Palamon Capital Partners and a joint bid from Exponent Private Equity and Sovereign Capital, Reuters wrote.

Hogan Lovells Advises on Magicalia Deal

Hogan Lovells, a London-based law firm, announced Thursday that it advised Exponent Private Equity on the sale of Magicalia Media Ltd. to Immediate Media Co. No terms were released. The sale was completed on October 31.

Exponent Creates Immediate Media Co

UK private equity house Exponent Private Equity has formed a new company following OFT approval of the BBC Magazines deal. Immediate Media Co combines the newly-acquired magazine business from BBC Worldwide with Origin Publishing and Magicalia, Exponent’s existing digital platform and media companies.

BBC Sells String of Magazines to Exponent PE

The commercial arm of the British broadcaster BBC is selling a group of magazines to buyout shop Exponent Private Equity, Reuters reported. The deal is valued at 121 million pounds ($198 million). The sale is part of the BBC’s strategy to focus on video and digital services, Reuters said.

Exponent PE, Intermediate Capital Buy Premier Unit

Private equity firms Exponent Private Equity and Intermediate Capital Group have agreed to pay 205 million pounds ($326.7 million) to buy the meat-free business of Britain’s Premier Foods, Reuters reported. The sale of the business unit, which includes vegetarian products and meat-free sausages, will help Premier reduce its debt, Reuters said.

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