Mid Europa Partners has entered into a binding agreement with its partner France Telecom-Orange, for the sale of their combined 100% stake in Orange Austria to Hutchison 3G Austria (Hutchison), a subsidiary of Hutchison Whampoa Limited. Mid Europa currently holds a 65% stake in Orange Austria and France Telecom-Orange a

Phoenix Services International, a steel mill services provider, has acquired Gagneraud Industrie SAS (GI). GI will now be known as Phoenix Services France. Headquartered in France, GI began operations in the early 1900s as a subsidiary of the Gagneraud Group, which was founded in 1880, and is the largest provider

Troika Ventures, the venture arm of Troika Dialog and venture company, has successfully achieved the first exit from its investment portfolio by selling its share in Evernote Corporation to Sequoia Capital. Troika Ventures was Evernote’s first institutional investor, which has since successfully attracted multiple investment rounds from top tier international

Lyceum Capital-backed M&C Energy Group (M&C), the global energy consultancy, has expanded its US footprint and strengthened its market position with the acquisition of fellow energy consultancy Coleman Hines, headquartered in Phoenix, Arizona. The mid-market growth investor acquired M&C for £22 million in 2010 and, since then, has implemented a

Wellspring Capital Management has acquired ThermaSys Corporation, manufacturer of a wide range of heat exchangers and heat exchange equipment, from an affiliate of Sun Capital Partners, Inc. Financial terms of the have not been disclosed. Founded in 1971 in Montgomery, Alabama as Thermal Components, Inc, ThermaSys has one of the

Allied Oil & Gas Services, a cementing and acidizing business headquartered in Fort Worth, Texas, has been acquired by Intervale Capital, a private equity firm focused on investments in middle-market oilfield services companies. With locations in Kansas, Pennsylvania and West Virginia, Allied provides cementing and acidizing services to customers in

August & Debouzy has advised France Economie Régions (FER) on its bid to take over the French newspaper La Tribune.   France Economie Régions’ majority shareholder, the Hima Group, teamed up with the Hi-media Group, chaired by its founder, Cyril Zimmermann, for the bid.   The business plan consists in combining

Private equity firm Warburg Pincus has acquired majority ownership in FacilitySource, a provider of facility maintenance and management solutions to retailers and other multi-site operators. Terms of the deal have not been disclosed. FacilitySource manages over 60,000 facilities worldwide via an elite service provider network, representing over USD1 billion in