Monomoy Capital Partners, a New York private equity fund focused on value investment and business improvement, has acquired the stock of Raybestos PowerTrain, LLC (Raybestos) from an affiliate of Sun Capital Partners. Monomoy has combined Raybestos and Steel Parts Manufacturing, Inc (Steel Parts), into a global growing transmission component platform

AAC Capital UK (AAC UK), the mid-market buy-out firm, has sold Amtico Group, a designer and manufacturer of high end flooring, to Mannington Mills, Inc, the US-headquartered provider of branded flooring products. Amtico created the market for high quality floor tiles over 40 years ago and has been at the

The Maven VCT Offers, which gave investors the opportunity to invest in four established and income producing VCTs managed by Maven Capital Partners, have now closed. The Offers, which were due to close on 5 April 2012 for 2011/12 applications, and 27 April 2012 for tax year 2012/13, are now fully

Investec Growth & Acquisition Finance (Investec) has provided an innovative debt facility to support the buy-out of 2M Holdings Limited (2M), owner of chemicals distribution businesses Surfachem and Banner Chemicals, by Chairman and co-founder Mottie Kessler.   2M was formed in 2003 by Mottie Kessler and Ieuan Thomas with the

L Capital Management has held the final closing of L Capital 3 FCPR with total commitments of EUR400 million, well in excess of the Fund’s original target of EUR350 million. L Capital Management – an independently-operated private equity firm started in 2001 and sponsored by the LVMH Group and its

International legal practice Norton Rose LLP is advising long standing client ValueAct Capital on its proposed joint offer with CVC Capital Partners Limited for Misys Plc. Misys Plc is a leading application software and services provider, currently listed on the London Stock Exchange with a market capitalisation of GBP1.1 billion.

DC Advisory Partners has advised Citizen Watch Co Ltd (Citizen) a Tokyo based global electronics company famous for its technologically advanced watches, on the acquisition of Prothor Holding SA. Prothor is the holding company for Manufacture La Joux-Perret, Prototec SA and Arnold & Son SA, all of whom are specialists

IK Investment Partners is to sell Europris, the leading Norwegian integrated mixed discount retailer focused on non-food retail, to Nordic Capital. Financial terms of the transaction have not been disclosed. IK acquired Europris in September 2004, at which time the Company consisted of a wholesale business, a penny store concept

Maven Capital Partners (Maven) has realised a return of 1.7x on its initial investment from the sale of its holding in ATR Group via a secondary buyout funded to the private equity manager NBGI. ATR is a market leading provider of rental services for specialist plant, equipment and consumables, with