Vision, Speyside Enter Portfolio Partnership

Law360, New York (September 29, 2011, 4:09 PM EDT) -- London-based Vision Capital LLP said Thursday it would buy a majority stake in German peroxide chemicals company United Initiators from Speyside Equity LLC for an undisclosed amount, as part of its partnership with the smaller, Philadelphia-based private equity firm.

Vision Capital characterized the agreement as a partnership with Speyside Equity, in which it would also take a minority stake in Speyside's other portfolio business — the Philadelphia-based Sweet Ovations, a leading supplier of custom formulated food ingredients to North American food companies.

“I am delighted to...
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