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Lettings & Sales

Brennan Investment Group sells industrial asset in Nashville

Brennan Investment Group, a private real estate investment firm that acquires and operates industrial properties on a national basis, has sold 1870 General George Patton Drive in Franklin, Tennessee, in the Cool Springs submarket within the greater Nashville Metropolitan area.  Brennan Investment Group owned the property in partnership with investor

Gide advises Eolfi on sale of wind farm portfolio to Quadran

Gide has advised Eolfi group on the sale of a wind farm portfolio to Quadran. Completed in February 2016, this transaction enables Quadran to add four wind farm development projects to its Polish operations, with a capacity exceeding 170 MW. Eolfi operates in the wind and solar energy sectors and

Arma Partners advises Azzurri Communications on sale to Maintel

Arma Partners has acted as exclusive financial advisor to Azzurri Communications Ltd on its sale to Maintel Holdings PLC (AIM:MAI). Azzurri Communications provides a variety of communication services, including cloud, data, mobile, unified communications and managed services products to an attractive enterprise customer base across both the public and private

Advent International to sell Tinsa to Cinven

Advent International has agreed to sell its investment in Tinsa, a leading provider of property valuation, analysis and real estate advisory services, to Cinven. The value of the transaction has not been disclosed. Tinsa, established in 1985 and headquartered in Madrid, Spain, provides appraisals for commercial and residential properties to

LBO France sells DCI stake

LBO France and Capzanine have sold DCI Group to Naxicap Partners. DCI is a specialist in the integration of IT infrastructure solutions and is set to generate revenue of over EUR50 million in 2016. Established in 1992 and based in Les Ulis, France, DCI offers a range of IT infrastructure

Actera Group and Esas sell Mars Cinema Group to CJ CGV

Actera Group and Esas Holding have agreed the sale of Mars Cinema Group, a cinema operator in Turkey, to CJ CGV for an enterprise value of USD800 million. Alongside Actera and Esas, the minority shareholders, Muzaffer Yildirim and Menderes Utku, will also sell their shares as part of the transaction.

Rand Capital closes sale of portfolio company Gemcor

Venture capital company Rand Capital Corporation has closed on the sale of its largest portfolio holding, Gemcor II.  Rand had previously announced on 5 January, 2016, that it entered into an asset purchase agreement under which it had agreed to the sale of Gemcor. Gross proceeds to Rand, which owned

Columbia Pacific Advisors sells three winter sports apparel brands

Columbia Pacific Advisors, a Seattle-based alternative investment firm, has sold POW Gloves, Holden Outerwear and Spacecraft Collective, three active outdoor apparel brands under the POW Holdings, umbrella. POW Gloves was sold to Rojo Australia, a snow apparel company based in Torquay, Australia, with strong international links in the snow market

Cavendish advises on sale of Twogether to Next 15

Cavendish Corporate Finance has advised on the sale of B2B creative marketing agency Twogether Creative Limited (Twogether) to Next 15 Plc, the AIM-listed digital communications group.  As part of the deal R Capital, the turnaround specialist investors in Twogether, will exit the company. The entire issued share capital of Twogether

Wind farm

Impax sells Finnish wind farm portfolio

A fund managed by Impax Asset Management is to sell its 107.7MW wind farm portfolio (the Portfolio) located in Finland, to a fund managed by Allianz Capital Partners, the Allianz investment manager for alternative investments. The sale is in accordance with the fund’s strategy of realising assets once they are

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