HIG Capital’s portfolio company Cerca Trova Restaurant Concepts, formerly known as T-Bird Restaurant Group, has acquired 45 corporate-owned Outback Steakhouse restaurants from its franchisor, Bloomin’ Brands. The acquisition includes all stores in Arizona, Colorado, Nevada and New Mexico.   Headquartered in San Diego, California, Cerca Trova is now the exclusive

ICSH Parent, the parent company of Industrial Container Services, has been acquired by funds advised by private investment firm Centerbridge Partners, from affiliates of Aurora Capital Group. With 49 facilities across the US and Canada, ICS collects, reconditions and distributes over 10 million steel, poly and intermediate bulk containers annually.

CVC Capital Partners’ CVC Fund VI has agreed to acquire an 80 per cent stake in Breitling, a family-owned manufacturer of Swiss luxury watches. Financial terms of the transaction have not been disclosed.   As part of the transaction, Théodore Schneider will re-invest for a 20 per cent shareholding in

Sycamore Partners has acquired NBG Home, a global designer, manufacturer and marketer of affordable home décor products, from Kohlberg & Company. NBG offers home décor products, including ready-made and custom framing, lighting, accent furniture, wall décor, and soft goods under a portfolio of leading brands.   The company serves a

IK Investment Partners’ IK VIII Fund has reached an agreement with Eurazeo PME and the management team to acquire a majority stake in Colisée Group, a specialist in the elderly care segment in France. The management team as well as the founder will reinvest alongside IK.   Financial terms of

NorthEdge Capital has invested in environmental and industrial services specialist Future Industrial Services (FIS), backing the management buy-out from its Irish listed parent company, One51, at an equity value of GBP16 million. Headquartered in Kirkby, Merseyside, FIS works with clients including government, major utility and multi-national companies to provide a

HKE Holdings, an entity owned by investment funds managed by KKR, intends to make a tender offer for the common shares of Hitachi Kokusai Electric. Hitachi Kokusai operates two business segments: a video and communication solutions business engaged in video security, IoT high-reliability wireless, and railroad solutions; and a thin-film

Vitol Africa has acquired Shell’s 20 per cent shareholding in Vivo Energy, meaning that the firm, in conjunction with funds advised by Helios Investment Partners, now owns 100 per cent of Vivo Energy.  Vivo Energy, the company behind the Shell brand in Africa, was created by Helios, Vitol and Shell

Global fintech and payment solutions provider Tuxedo Money Solutions has been acquired by Erik Fällström and Andreas H Tuczka, of Aldridge EDC Specialty Finance Partners (AEDC). The deal completed on 20 April, following the approval of the FCA.   Former co-founder of HOIST Finance, Erik Fällström, and former partner at Lone