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Nexeo Solutions acquires DSM business from KD Feddersen Norden

Nexeo Solutions has acquired DSM product inventory and has started serving customers who were previously provided with DSM products by KD Feddersen Norden in the Nordic region. With DSM's support, Nexeo Solutions continues to optimise service and enhance its strategic position in the Nordic region.    The expansion of the

New Water Capital affiliate acquires Custom Made Meals

An affiliate of private equity firm New Water Capital Partners has acquired Denver-based Custom Made Meals, a manufacturer of fresh, oven-ready, value-added meals sold in more than 6,000 retail grocery locations nationwide.  As part of the transaction, New Water acquired Custom Corned Beef, a manufacturer of raw and cooked corned

Thomas Uger, Public Pension Capital

Public Pension Capital acquires Viteos Fund Services

Public Pension Capital (PPC) and FiveW Capital, together with existing management, have acquired Viteos Fund Services, a provider of middle‐ and back‐office technology and services for the investment management industry. The transaction brings together a group of financial and strategic investors experienced in building and growing technology and service providers.

CCMP Capital acquires Truck Hero

Affiliates of CCMP Capital are to acquire a controlling interest in Truck Hero, a provider of aftermarket accessories for pickup trucks and Jeeps. TA Associates, the current holders of a majority interest in Truck Hero, as well as Truck Hero’s founding chief executive officer Bill Reminder and chief operating officer

Israel Secondary Fund closes USD100m fund

Israel Secondary Fund (ISF) has completed the closing of ISF II, a USD100 million secondary fund. The investors in ISF II include Israeli and global institutional investors, family offices, and high net worth investors.   Institutional investors in the fund include Halman Aldubi, Altshuler Shaham, Bank Hapoalim, IBI and Union

MoFo advises Syneron Candela on USD397m acquisition by Apax Partners

Morrison & Forrester (MoFo) is advising Syneron Medical on its USD397 million acquisition by British private equity firm Apax Partners. Syneron is a public company that develops and markets aesthetic medical products including devices for hair removal, wrinkle treatment, and skin rejuvenation.   The MoFo team is led by Jackie

Altus Capital Partners completes second exit of 2017

Altus Capital Partners, an investment firm focused on the North American manufacturing sector, has sold PRISM Plastics, a Michigan-based manufacturer of high-precision plastics, to a subsidiary of Marmon Engineered Components. Financial terms of the deal have not been disclosed.   Altus acquired PRISM in June 2014 alongside the company’s founders to

CVC Strategic Opportunities Platform to acquire stake in CLH

CVC Capital Partners’ (CVC) Strategic Opportunities Platform has agreed to acquire a 25 per cent stake in CLH, a Spanish oil transportation and storage company. CVC’s Strategic Opportunities Platform will acquire this stake from Ardian (10 per cent), as well as Kutxabank (5 per cent), Abanca (5 per cent) and

Amundi and CEA in joint venture to create Supernova Invest

European asset manager Amundi, with over EUR1 trillion in assets, has established a partnership with the French Alternative Energies and Atomic Energy Commission (CEA), creating an independent asset management company: Supernova Invest. In addition to taking over the current CEA Investissement funds (with an advisory mandate for the CEA's strategic

Abac Solutions acquires PronoKal Group

Private equity fund Abac Solutions and PronoKal Group’s management team have acquired 100 per cent of the company from its founders, in order to support its expansion process in Europe and Latin America. PronoKal Group makes protein-based dietary treatments for obesity and overweight, with sales in excess of EUR42 million

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