PE-backed Tracscare buys Brookdale Care

Tracscare, which is backed by G Square, has acquired UK-based Brookdale Care, which provides care for adults with brain injuries, autistic spectrum disorders, mental health illnesses and both learning and physical disabilities. No financial terms were disclosed. Livingstone Partners LLP advised Brookdale on the transaction.


Pharos acquires MOTION PT Holdings

Pharos Capital Group LLC has acquired a controlling stake in MOTION PT Holdings, a New York-based provider of physical therapy and occupational therapy services. No financial terms were disclosed. Black, Morgan & Cain P.C. served as financial consultant to Pharos while Livingstone Partners LLC acted as its investment bank. Also, Dr. David S. Menche is joining MOTION as chairman and Edward R. Miersch has been named CEO and president of the company.

IronmongeryDirect Sold to Manutan Group

IronmongeryDirect Limited has been sold to Paris-based Manutan Group, a European mail order supplier to businesses and local authorities. Based in Essex, UK, IronmongeryDirect was founded in 1969 as a traditional ironmonger’s shop. Livingstone Partners advised the shareholders of IronmongeryDirect on the sale.

Iprism Secures Debt from RBS

Livingstone Partners’ debt advisory team has successfully concluded a debt raise on behalf of online insurance intermediary iprism. The funds will be used to repay a majority of the loan notes held by founder Gary Burke and his private equity backer, Magenta Partners. Livingstone advised Burke on the equity capital raise which introduced Magenta into […]

Alcuin and Indigo Back AVM in Secondary Buyout

UK-based AVM, a provider of visual communications solutions which operates at the forefront of the unified communications market has been bought out by growth capital investor Alcuin Capital with further funding provided by Indigo Capital. CEO Edward Cook led the transaction which provides an exit for AVM Chairman Sandy MacPherson and venture capital investor Octopus […]

Leisure Pass Group Sold in Primary Capital-Backed MBO

The Leisure Pass Group, an operator of multi-attraction tourist passes is being sold to its management team, led by CEO Darran Evans and backed by private equity house Primary Capital, for 35 million pounds ($56.2 million). International corporate finance advisory firm Livingstone Partners advised shareholders of the company on the transaction. PRESS RELEASE Livingstone Partners, […]

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