Mid-market private equity investor Equistone Partners Europe (Equistone) is to acquire a majority stake in Karavel-Promovacances Group and FRAM Group from LBO France. This investment will be made alongside Alain de Mendonça and Folco Aloisi (founders of the Karavel-Promovacances Group), Cyrille Fradin (the Group’s Financial and Risk Director), as well

German Equity Partners IV (GEP IV), a private equity fund managed by the independent German investment company ECM Equity Capital Management (ECM), has acquired a stake in Albrecht & Dill Cosmetics (A&D). The previous sole owner, Philipp Sahling, will continue to run the company as Managing Partner.   As part

Law firm Paul Hastings has acted for Goldman Sachs and Citigroup as arrangers on financing for the recommended public-to-private GBP1 billion acquisition of Laird by Advent International. AI Ladder Limited (Bidco) (a wholly-owned indirect subsidiary of funds managed by Advent International Corporation) and UK electronics and technology business Laird reached

Noerr has advised JC Flowers & Co on the acquisition of shares in HSH Nordbank. Certain funds advised by the US private equity firm are acquiring the bank along with the financial investor Cerberus Capital Management as independent investors.   Further investors are the investment companies Golden Tree and Centaurus

Shore Capital Partners’ medical products platform Innovia Medical has acquired Network Medical Products (Network). Based in Ripon, North Yorkshire, United Kingdom, Network is a designer and manufacturer of sterile single use products for ENT and ophthalmic procedures. “Since their founding in 1997, Network Medical has established itself as a leading

GALA Kerzen, a manufacturer of candles, headquartered in Germany, is expanding through the acquisition of a majority stake in Ramesh Flowers, an Indian manufacturer and exporter of potpourri, air fresheners, incense sticks, candles and decorative products. The deal represents the first purchase for the Bavarian candle manufacturer since its acquisition

Catalyst Development, a specialist financial markets consultancy, has acquired investment management consultancy Knadel. The deal is the first in a series of planned strategic acquisitions by Catalyst, with the combined group forecast to almost double business revenues in the coming financial year. The acquisition follows investment from mid-market private equity

Clayton, Dubilier & Rice-Backed Motor Fuel Group (MFG), has acquired MRH, the UK’s largest petrol station and convenience retail operator in a transaction valued at approximately GBP1.2 billion.  The deal will create the UK’s No1 operator by number of sites and No2 by fuel volume.   MFG and MRH together

Epiris Fund II, advised by Epiris LLP, has agreed to acquire Time Inc UK (TIUK), one of the UK’s largest consumer magazines and digital publishers, from Meredith Corporation. Financial terms of the transaction have not been disclosed. TIUK’s 50-plus brands reach 17 million adults and 13 million online and digital

CYOSS a German provider of data analytics, IT and OT security, has acquired RadarServices, a European technology company in the field of cyberattack detection & response. Drake Star Partners acted on this transaction as exclusive financial advisor to CYOSS and its parent company ESG Elektroniksystem-und Logistik, a specialist in development,