IK Investment Partners’ (IK) IK VII Fund has reached an agreement with private equity funds managed by Bridgepoint to sell Evac Group, a provider of integrated waste, wastewater, and water management systems for the marine, offshore and building industries. Evac designs and markets environmentally friendly waste and wastewater collection and

BGF has agreed to exit its minority stake in aircraft seat manufacturer, Acro Aircraft Seating. The company will, subject to the satisfaction of certain conditions including regulatory approval, be acquired by Zhejiang Science and Technology Investment Company (ZTC) for GBP55 million. The acquisition will accelerate Acro’s access to the Chinese

Actua Corporation has entered into separate agreements to sell its three majority-owned businesses – VelocityEHS, Bolt Solutions and FolioDynamix – for an aggregate of USD549 million in cash. The sales are the result of the Board’s comprehensive review of a range of strategic options to maximise stockholder value, which was

Littlejohn & Co, a private investment firm based in Greenwich, Connecticut, has sold C&K Holdings, a provider of function-critical, highly engineered electromechanical switch and interface technology solutions, to Sun European Partners, an affiliate of Sun Capital Partners, Inc. Financials have not been disclosed.   Founded in 1928, C&K is one

Nordic Capital Fund VII (Nordic Capital) has sold all of its remaining shares in Tokmanni Group Corporation (Tokmanni). Under Nordic Capital’s ownership, Tokmanni has grown substantially, reinforcing its leadership position in the attractive Finnish general discount retail market. The remaining shareholding of 15.21 per cent was sold on September 12, 2017,

Integra LifeSciences Holdings Corporation is to sell certain neurosurgery assets to Natus Medical for USD47.5 million. The divestiture is contingent on the consummation of Integra’s proposed acquisition of Codman Neurosurgery from Johnson & Johnson. As part of this divestiture, Integra will sell the global Camino® ICP monitoring product line, including

Clessidra is to sell Acetum, a manufacturer and distributor of Balsamic Vinegar of Modena, a PGI-certified specialty vinegar, to Associated British Foods (ABF). Clessidra acquired an 80 per cent stake in Acetum in 2015 with the remaining 20 per cent retained by the founding shareholders, Cesare Mazzetti and Marco Bombarda.

Mishcon de Reya’s Corporate department has advised Sompo Japan Nipponkoa Insurance, a subsidiary of Sompo Holdings, on the sale of its specialist UK insurance subsidiary Sompo Canopius to private equity firm Centerbridge Partners for USD952 million. The sale is subject to regulatory approval and is expected to close in the first quarter