Funds affiliated with CVC Capital Partners (CVC) are to purchase majority ownership of AlixPartners with the firm’s exisiting 125 managing directors maintaining a considerable equity stake in the enterprise. The transaction is subject to  closing conditions and is expected to close this summer. Terms of the transaction have not been

Ingenious’ Entertainment VCTs (www.ingeniousvcts.co.uk), which recently agreed terms for the successful exit of its stake in the Creamfields dance festival, has made an investment in Liverpool Sound City, a well-established three day international music, media and technology conference and live arts and music festival. The forthcoming (May 17 – 19)

VTB Capital Venture Business and Fast Lane Ventures have former a joint-venture partnership to tap into opportunities in the Russian market. In accordance with the terms of the transaction, VTB Capital Venture Business led series C investment into Fast Lane Ventures with a total value of USD18 million. The funds

International law firm Akin Gump has advised AF Telecom in relation to a shareholder restructuring of Russian mobile phone operator OJSC Megafon with an aggregate deal value of approximately USD8.5 billion. The transaction closed on 24 April, 2012. The transaction involves AF Telecom increasing its interest in Megafon, Russia’s second

Atlas Holdings has acquired New Jersey-based Marcal Paper Mills, LLC, a tissue and paper products manufacturer and distributor. The company, now under the guidance of new CEO George Wurtz (pictured), has been renamed Soundview Paper Company. “We plan to focus on superior customer service and product excellence by building on

Corporate specialists at Shoosmiths have advised Patriot Aerospace on its acquisition of commercial helicopter charter specialist Veritair Aviation. Shoosmiths’ team was led by corporate associate Emma Dolphin (pictured), with support from solicitor Alistair Hammerton. Patriot Aerospace Group is a leading General Aviation specialist in the United Kingdom and Northern Ireland.

Gresham Private Equity has successfully signed a deal to sell its investment in Olaer to Parker Hannifin, a manufacturer of motion and control technologies and systems. The deal is subject to regulatory approval. The performance of the Olaer Group since acquisition in 2005 will result in an exceptional return on

Orthofix International is selling its Sports Medicine Business Unit, which operates as Breg, Inc, to Water Street Healthcare Partners for USD157.5 million. The deal is expected to close during Q2 2012. Net proceeds to Orthofix from the sale are anticipated to be approximately USD140 million, which will be used for

Atlante Private Equity, a private equity fund managed by IMI Fondi Chiusi SGR, has acquired an interest in Svas Biosana, a company based in Somma Vesuviana (Naples) that has been operating for over 40 years in the medical devices and infusion solutions sector. Atlante has invested EUR6 million to acquire