Alternative investment specialist LGT Capital Partners is to acquire European Capital Fund Management, a London- and Paris-based private debt manager, from companies controlled by Ares Management. Subject to regulatory approvals, the transaction is expected to close in the second quarter of 2017. The purchase price has not been disclosed.   In

Private equity firm Sentinel Capital Partners has acquired cabi, a direct seller of women’s apparel in the US, Canada and the UK. Terms of the deal have not been disclosed.   Founded in 2002, cabi sells high-quality, accessibly-priced designer clothing to a broad, female demographic via a proprietary network of

Henkel has entered into exclusive negotiations with GCP Applied Technologies to acquire its global Darex Packaging Technologies business for USD1.05 million (EUR995 million) on a cash and debt free basis. Darex is based in Cambridge, Massachusetts and supplies high-performance sealants and coatings for the metal packaging industry around the world.

Teton Advisors has acquired certain assets of Keeley Asset Management Corp (KAMCO), a pioneer in small and mid-cap value investing founded by John L Keeley, Jr in 1982. Serving as the acquisition vehicle is Keeley-Teton Advisors, a newly formed and wholly-owned subsidiary of Teton. At closing, the combined firms have

Apposite Capital, an independent investment firm focused exclusively on healthcare, has acquired the UK social care division of Mitie Group for a cash consideration of GBP2. The division consists of the domiciliary care and homecare businesses, Enara Group and Complete Care Holdings.   In addition, Mitie will contribute GBP9.45 million

Bloq has acquired Skry, a specialist in blockchain analytics, to enhance its suite of analysis tools and position the firm to maximise the value of blockchain data sets through artificial intelligence and machine learning. Bloq is an enterprise software company focused on building and scaling blockchain networks for global companies.

Twin Brook, the middle-market direct lending subsidiary of Angelo, Gordon & Co, has provided USD61 million in financing to back Blue Point Capital Partners’ leveraged buyout of Fire & Life Safety America (FLSA). Twin Brook Capital Partners is a finance company focused on providing cash-flow based financing solutions for the

Advent International has submitted a legally binding, fully financed offer to purchase all STADA shares to the management board of STADA Arzneimittel Aktiengesellschaft at a price of EUR58 per share. Advent is convinced that this offer comes with high transaction security and is in the best interest of the company,