Deals
Align Capital Partners’ (ACP) most recent platform investment, ISA Fire and Security (ISA), is to merge with Cleveland-based ABCO Fire Protection (ABCO).
ABCO is a regional provider of fire safety and security system inspection, maintenance, and repair services for thousands of commercial customers in a variety of end-markets. The company goes to market under the ABCO, Trico, and Superior Fire brands.
ABCO is majority owned and operated by Bob Titmas Jr whose father founded the company in the mid- seventies. Since its founding, the family business scaled significantly through add-on acquisitions and organic growth. Today, ABCO has nine offices
Private equity and real estate funds managed by Blackstone have completed the previously announced acquisition of event experiences specialist PSAV.
As part of the completed transaction, affiliates of Goldman Sachs (NYSE:GS) will be reinvesting alongside Blackstone in the transaction to continue to participate in the ongoing growth of PSAV.
PSAV delivers on its purpose of connecting and inspiring people by creating impactful event experiences. Through its deep expertise in creative, production, advanced technology and staging services, PSAV is an invaluable partner to meeting and event planners. It is the trusted provider of choice at leading venues across the globe.
Disruptive Capital has bought additional shares in Tungsten Corporation on the same day that another institutional buyer, Majedie Asset Management, acquired a 5.2 per cent stake in the company.
The small acquisition by Disruptive takes its holding to 13.07 per cent.
Edi Truell, the Founder of Disruptive, says: “We were disappointed that Odey Asset Management’s attempts to remove the grossly overpaid CEO (and the ineffectual chairman and non-executive directors that have presided over his pay packet) have so far come to nothing. Nevertheless, we were pleased to read in their latest trading update that the Board of Tungsten have
Houston-based private equity firm Junction Energy Capital (Junction) and alternative asset manager Ara Partners Group have made a significant joint investment in Puraglobe, a technology platform with a proprietary process for producing high-quality base oils, using recycled oil as feedstock.
Allied Resource Corporation (Allied), the founding shareholder, will maintain a substantial stake in Puraglobe alongside Ara Partners and Junction.
Puraglobe, which is headquartered in Wayne, Pennsylvania, currently operates a facility in Zeitz, Germany and is developing another facility in Tampa, Florida. Puraglobe is uniquely situated to be able to produce Group III base oils using its proprietary technology.
Rob
O’Melveny has represented Skyworks Solutions, an analog semiconductor manufacturer, in its acquisition of Avnera Corporation, a private fabless semiconductor supplier.
The deal, announced on 6 August, is expected to bolster Skyworks’ leadership in wireless connectivity.
Partner Mark Peterson led the O’Melveny team, which included partners Nikole Kingston, Chris Del Rosso, Andrew Dolak, Courtney Dyer, Robert Fisher and Shelly Heyduk, along with counsel Billy Abbott, Courtney Byrd, Brian Kenyon, Bob Nicksin, Philippe Nogues, Tom Oslovar, and David Ribner, and associates Aaron Cha, Isaiah Deporto-Plick, Briana LaBriola, John Sirjord, Katie Tague, Kathryn Turner, and Alex Wilson.
Ørsted is to acquire Lincoln Clean Energy (LCE) from I Squared Capital and management shareholders in a USD580 million deal.
LCE is a US-based developer, owner and operator of wind farms. Since I Squared Capital acquired a 90 per cent stake in the company in 2015, with the management team owning the remaining 10 per cent, LCE has developed and built over 500 MW of operating capacity, is constructing another 300 MW onshore wind project, and has a pipeline of more than 1.5 GW expected to be completed by 2022.
Ørsted is a specialist in offshore wind and in
ORIX Corporation (ORIX), through its wholly owned subsidiary ORIX Aviation Systems (ORIX Aviation), is to acquire a 30 per cent stake in Avolon from Bohai Capital (Bohai).
The Transaction is subject to customary closing conditions and Bohai shareholder approval. Bohai’s largest shareholder, HNA Group, has provided its commitment to the Transaction. The Transaction is expected to complete in the fourth quarter of 2018.
Dómhnal Slattery, Avolon CEO, says: “ORIX is a strong, investment grade institution with a proven track record in the leasing sector over multiple industry cycles. We are delighted to welcome ORIX as a shareholder alongside Bohai.
An O’Melveny team led by Matthew Erramouspe, co-chair of the Entertainment, Sports & Media practice, advised Alibaba Group on its investment in NewTV, the mobile entertainment startup launched by former Disney and Dreamworks exec Jeffrey Katzenberg.
NewTV, led jointly by Katzenberg and former eBay CEO Meg Whitman, will acquire and produce short-form premium content and sell it via subscription to mobile-device users.
Messrs. Erramouspe and Monroe have previously advised Alibaba in strategic transactions with US companies focusing on the creation and exploitation of motion pictures, television programming, and other content. Additionally, O’Melveny has in the past acted as counsel to
Private equity investment firm Golden Gate Capital has acquired a majority equity interest stake in Aperio Group, a research-based investment management firm.
Upon closing, Aperio will continue to be led by its founders, Patrick Geddes, Chief Executive Officer and Chief Tax Economist, and Paul Solli, Chief Marketing and Strategy Officer. Geddes and Solli will each retain a significant ownership stake in Aperio.
Aperio designs and manages highly customised public equity portfolio solutions in separately managed accounts to meet the specific goals of advisors and their clients, specialising in three practice areas: Active Tax Management, Factor Tilts, and Socially Responsive Indexing/ESG.
Private equity firm Auxo Investment Partners has acquired Midway Rotary Die Solutions, adding deeper capabilities to its manufacturing platform – Bernal Rotary Dies, Atlas Die, and Atlas Chem-Milling.
Terms of the deal have not been disclosed.
Joining Auxo’s portfolio of industry-leading die manufacturers allows Midway Rotary Die Solutions to continue to grow, serve a wider array of customers and offer its existing customers new capabilities in wide format RP® rotary dies and flexible rotary dies, while preserving its legacy of best-in-class customer service and unrivalled solutions to customers’ converting challenges. Midway designs, manufactures and sharpens dies for customers in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
