Law firm Paul Hastings has advised FLSV Fund Administration Services (FAS) and its owners on its disposal to Sanne Group for a total consideration of USD65.8 million subject to customary adjustments. The transaction is expected to complete by the end of November 2016.   FAS is a New York-headquartered business

True Capital has acquired Blackbird Retail, the owner of one of the UK’s largest online furniture retailers, The Cotswold Company. True Capital is partnering with the existing management team who will continue to lead the company through its next stage of growth.   True Capital will use its sector specialist

Development Partners International (DPI), an African private equity firm with USD1.1 billion under management, has acquired through its ADP II fund a stake in Général Emballage, a packaging business in Algeria, which specialises in the manufacturing and processing of corrugated cardboard. ADP II closed in March 2015 at USD725 million,

Trowers & Hamlins has advised Apache Capital Partners on the acquisition of its new 0.77-acre Birmingham development with Moda Living. The premium purpose-built rental development on Broad Street will be delivered by Moda Living and will be fully funded by Apache Capital, the London and Gulf based private real estate

Falfurrias Capital Partners, a Charlotte-based private equity firm focused on investing in growth-oriented, middle-market businesses, has purchased a majority interest in Marquis Software Solutions. Founded in 1987 by Les Kassing and based in Plano, Texas, Marquis provides data analytics software and services that help financial institutions – primarily mid-tier banks

Private equity investor Advent International has entered into exclusive negotiations with Safran to acquire Safran Identity & Security (Safran I&S), a specialist in identity and security solutions. Advent has made a firm and irrevocable offer of EUR2.425 billion for Safran I&S. Bpifrance will invest alongside Advent International.   Safran I&S

Clearwater International has advised the shareholders of &tradition on its sale to HAY – a Danish designer and manufacturer of contemporary furniture, accessories and rugs – and Anders Holch Povlsen, CEO of fashion chain Bestseller. Established in 2010, &tradition is a Danish lighting, furniture and accessories design company. The business

Acorn Growth Companies, a private equity firm investing exclusively in aerospace and defence, has acquired Seattle-headquartered Raisbeck Engineering.  Founded in 1982 by aeronautical engineer and entrepreneur James D Raisbeck, Raisbeck Engineering develops, markets and manufactures worldwide-certified performance improvement systems for some of the most prolific commercial and general aviation aircraft

Equistone Partners Europe, a European investor in mid-market buyouts, has acquired a majority stake in D3T Distribution, the holding company of Motoblouz and Access-Moto, from Inspirational Stores for an undisclosed sum. Following the deal, Motoblouz’s co-founder and CEO Thomas Thumerelle will continue in his current role.   Founded in 2004