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Permira funds complete acquisition of Intelligrated

A holding company owned by the Permira funds has completed the acquisition of Intelligrated, a North American-based provider of automated material handling solutions, services and products, in a transaction at a valuation in excess of USD500m. Intelligrated designs, manufactures and installs complete material handling automation solutions for the warehousing, distribution,

Centerbridge Partners completes acquisition of Cardinal Logistics

Affiliates of private equity firm Centerbridge Partners have acquired Cardinal Logistics Management, a provider of domestic delivery transportation systems. Vin McLoughlin, chairman of Cardinal, says: "With the successful completion of this transaction, Cardinal is now better positioned than ever to serve our customers and continue our consistent long-term track record

AXA Private Equity acquires stake in frostkrone

AXA Private Equity has acquired the entire share capital of frostkrone Holding alongside the company’s management, which is reinvesting.   The previous majority shareholder, Argantis Beteiligungs, a private equity firm focused on German SMEs, now fully exits from the company.   frostkrone and its subsidiary, Bornholter, produce and market frozen

Hogan Lovells advises Chellomedia on MGM Networks acquisition

Hogan Lovells advised Chellomedia, the international content division of Liberty Global, Inc, on the acquisition of MGM Networks Inc from Metro-Goldwyn-Mayer Studios Inc. (MGM). The deal was announced on 1 August 2012. Chellomedia is a leading producer and distributor of 56 television channels, including 19 joint ventures. It has acquired

Offshore M&A market outpaces major financial markets, says Appleby

The offshore M&A market increased in value at twice the worldwide average last quarter compared to the previous quarter, according to a report released by Appleby, a provider of offshore legal, fiduciary and administration services. The latest edition of Offshore-i, the firm’s quarterly report which provides data and insight on

Nitero secures additional funding round led by Trailblazer Capital

Nitero a developer of next-generation, 60GHz Wi-Fi solutions of mobile devices, has added Trailblazer Capital as an investment partner in its latest round of funding. Joined by founding investors, Southern Cross Venture Partners and Austin Ventures, this round will provide capital for further development of Nitero’s solution. "Serving as a

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Latham & Watkins advises on sale of bar and nightclub operator Novus Leisure

Premium bar and nightclub operator Novus Leisure has been sold by majority shareholders Barclays Ventures and RBS Strategic investment Group for GBP100m to new investors LGV Capital and Hutton Collins, which have backed the existing management team. Novus Leisure is the UK’s largest private bar and nightclub operator having a

Koontz-Wagner completes sale of Custom Controls

Koontz-Wagner has completed the previously announced sale of its subsidiary, Koontz-Wagner Custom Controls, to Global Power Equipment Group.  Custom Controls is a manufacturer and integrator of engineered packaged control house solutions for the energy, oil and gas, and electrical industries. Headquartered in Indiana, Custom Controls has delivered products and services

Cinven raises EUR255m via partial sale of its stake in Ziggo

European private equity firm Cinven has sold 10.8 million ordinary shares of Ziggo NV, the largest cable operator in the Netherlands, at a price of EUR23.50 per share, realising EUR255m of gross proceeds. Following the listing in March 2012 and this sale of shares, Ziggo will have generated total proceeds

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