Private equity firm OpenGate Capital has completed the sale of one of its legacy, pre-fund investments, NorPaper Group (NorPaper), to Gemayel Freres & Chaoui Industriel Group, a Lebanon-based business specialised in recycled corrugated cardboard and packaging products. Terms of the transaction have not been disclosed.   OpenGate Capital acquired NorPaper

Funds advised by private equity firm Apax Partners have received a binding offer and have entered into exclusive discussions to sell Azelis to the EQT VIII fund and PSP Investments. The transaction, which is subject to regulatory approvals, and other conditions including consultation with employee representatives, is expected to close

Platinum Equity is to sell Worldwide Flight Services (WFS) to affiliates of Cerberus Capital Management, in a transaction valued at approximately EUR1.2 billion. The sale is expected to close during Q4 2018, subject to regulatory approval and certain closing conditions. Since Platinum Equity acquired the company in 2015, WFS has

Middle-market investment bank Harris Williams & Co has acted as exclusive advisor to Visma Sverige Holding AB (Visma) on its divestment of market-leading mass hosting providers Loopia and Active 24 to Axcel Management A/S (Axcel). The transaction was led by Thierry Monjauze and Sylvain Noblet of Harris Williams & Co’s

Progress Partners, a Boston- and New York-based M&A advisory firm, has advised on the sale of Swiftpage, the provider of Act! CRM software, a leading cloud-enabled platform aimed at helping small and mid-sized businesses grow, to SFW Capital Partners (SFW), a specialised private equity firm that invests in the middle

Pan-European private equity firm IK Investment Partners (IK) is to acquire KPMG Sweden’s (KPMG) division for accounting, payroll and related advisory services (Business Accounting Services).  Business Accounting Services is a leading provider of accounting, payroll and related advisory services with approximately 300 employees across Sweden. The transaction represents an attractive

Avedon Capital Partners, together with management and its co-investors has sold Seebach, a Germany based provider of metallic filtration solutions, to John crane, a division of UK-based Smiths Group plc. Seebach is a leading supplier of bespoke, highly engineered, premium quality filtration solutions, including both full systems and replacement filter

Funds managed by Equistone Partners Europe (Equistone) have agreed to sell a majority stake in Karl Eugen Fischer, a manufacturer of cord-cutting machines for the tyre industry. Equistone acquired Karl Eugen Fischer in August 2013 and is now selling its stake to DBAG Fund VII, managed by Deutsche Beteiligungs AG.

LDC, the UK’s leading mid-market private equity investor, has exited its investment in PEI Media Group (PEI Media) in a sale to Bridgepoint Development Capital. The deal value has not been undisclosed.   PEI Media provides market-leading intelligence and analysis for senior professionals in the alternative asset classes of private

Sovereign Capital Partners has realised its investment in Linnaeus Group, one of the UK’s leading veterinary services providers, in a sale to Mars Petcare’s Veterinary Health Group, a part of Mars, Incorporated. The exit, Sovereign’s largest ever sale, will generate Sovereign’s strongest ever gross return, although no financial terms are