PE Tech Report

Lettings & Sales

Wolf Theiss assists Search Corporation in sale of Crystal Tower

The Romanian office of the regional law firm Wolf Theiss has assisted Search Corporation, a Romanian engineering company providing planning, design, consulting and management of road and air transport infrastructure services, in the sale of its part in Plaza Development SRL, the owner of Crystal Tower, the first Romanian office

OMERS Private Equity to sell MatrixCare to ResMed

OMERS Private Equity, the private equity arm of OMERS, is to to sell MatrixCare Holdings (MatrixCare) to ResMed Operations (ResMed) for USD750 million. Based in Minneapolis, Minnesota, MatrixCare is an industry leading, SaaS-based, long-term post-acute care (LTPAC) technology provider used in more than 13,000 facility-based care settings and 2,500 home care,

Frontenac completes sale of GNAP

Frontenac, a Chicago-based private equity firm, has completed the sale of GNAP, a distributor of industrial abrasive products, equipment, specialty ceramics and ancillary services to CenterOak Partners. Terms of the transaction have not been disclosed.   GNAP was formed in 2005 through a merger between Grand Northern Products and Abrasive

Silicon Line raises EUR8.2m in Series B funding round led by Capital-E

Silicon Line, a specialist in developing and providing innovative ultra-low-power optical link technology for consumer electronics as well as commercial and industrial markets, has raised EUR8.2 (USD9.5m) in a Series B financing round led by Capital-E . Additional investors in the Series B round include LRM, Munich Venture Partners and Unixtar.

The Carlyle Group leases three floors at One Vanderbilt in NYC

Alternative asset manager The Carlyle Group has signed a 15-year lease for 94,367 square feet on floors 36-38 at One Vanderbilt Avenue, a 1,401-foot office tower being constructed in East Midtown, New York City. One Vanderbilt is now 37 per cent leased, meeting SL Green’s end-of-year leasing goal five months

Impax completes sale of 36MW wind farm in Ireland

A renewable energy infrastructure fund managed by Impax Asset Management (AIFM), has completed the sale of the 36MW Dromadda More wind farm in County Kerry, Ireland to Greencoat Renewables PLC for an undisclosed amount. The fund acquired the project to develop 11 turbines on the site in 2015 from a

Paul Hastings to locate London office at Brookfield’s 100 Bishopsgate

Law firm Paul Hastings has signed a pre-let agreement to locate its new London office at 100 Bishopsgate. The firm will take the top two floors of the 37-storey tower totalling circa 40,000 sq ft  Paul Hastings joins other confirmed occupants including Royal Bank of Canada, Jefferies and Freshfields Bruckhaus

PM & Partners sells Monviso to Céréa Partenaire

PM & Partners SGR has sold Monviso, a manufacturer of gourmet and healthy bread substitutes to Céréa Partenaire. PM & Partners invested in Monviso in 2012. After strengthening the company’s operations and management, including the appointment of Alessandro Manfredi Cusmano as CEO in 2013, the company has grown organically through

Westpac and Northill Capital reach agreement over sale of Hastings

Westpac Banking Corporation and Northill Capital have entered into an agreement regarding the sale of Hastings. Northill is an independent, privately held asset management business, established in London in 2010. Northill is a long-term investor in high quality, specialist asset management businesses, with extensive global operating experience. As at 30

Silverfleet Capital sells Cimbria

Silverfleet Capital, the European private equity firm, has sold Cimbria, a Danish-headquartered manufacturer of equipment and processing lines for seed and grain, to AGCO Corporation (AGCO) for approximately EUR310 million.  Cimbria, headquartered in Thisted in Denmark, is a leading global manufacturer of equipment used for seed processing and post-harvest grain

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