The Semcon Group is selling its engineering operations in Germany – Business Area Engineering Services Germany – to Valmet Automotive in a EUR14.1 million deal. The business provides services to customers primarily in the German automotive industry and has around 800 employees with annual sales in 2015 amounting to SEK901

Cobepa has acquired Brandblock Holding (HG) from Gilde Buy-out Partners. HG is a supplier of specialty consumer cleaning and maintenance products with headquarters in The Netherlands and growing sales in the UK, Germany, Spain, France and Italy.   Baird served as the exclusive financial adviser to Gilde in the transaction

Francisco Partners has sold Source Photonics to a private equity consortium led by Redview Capital and Asia-IO, with participation from investors including TR Capital, Axiom Asia and Aberdeen Asset Management. Source Photonics is a provider of communications and data connectivity components and modules in next-generation data centres, mobile and fixed-line

Goodwin has advised Spice Private Equity (Bermuda), a subsidiary of the Swiss investment company Spice Private Equity Ltd, on a USD31.1 million sale of assets. Seven assets were sold including all primary fund investments, simplifying cash management for Spice and creating further capacity for new direct investments.   The portfolio

PNC Riverarch Capital has sold its portfolio company Goldco to Seven Hospitality, a consortium of high-net-worth investors.  Terms of the transaction have not been disclosed.   Goldco is an operator of 46 Burger King restaurants in Southeast Florida, primarily in the Fort Lauderdale and Treasure Coast regions. Since its founding

CVC Capital Partners (CVC) has agreed to sell Leslie’s Holdings, an omni-channel pool supplies retailer in the US, to L Catterton and an affiliate of GIC. The transaction is subject to standard regulatory approvals, and financial details of the transaction have not been disclosed.   Founded in 1963, Leslie’s is

Quercus Assets Selection’s Quercus Renewable Energy Fund has completed the sale of its stake in ForVEI, a joint venture comprising Quercus Renewable Energy, VEI Capital, Foresight Solar VCT and Adenium Solar Energy. ForVEI operates in the private equity, infrastructure and energy sectors in Italy.   Quercus initially invested EUR8 million

Central and South Eastern Europe-focused private equity firm Mid Europa Partners is to sell its investment in Invitel Group to CEE Equity Partners, the investment adviser to the China CEE Investment Co-operation Fund. The transaction is subject to customary closing conditions, including competition clearance, and is expected to complete in

IK Investment Partners’ IK 2007 Fund is to sell Colosseum Smile Group, a provider of private dental care in Scandinavia, to Jacobs Holding AG (JAG). Financial terms of the transaction have not been disclosed.   Colosseum Smile Group was acquired by IK in 2010 and has since then accelerated its