Deals
A consortium of funds led by CVC Fund VII has agreed to buy the holding company that owns a majority interest in Recordati.
Chairman Alberto Recordati says: “Today is an important moment in the further development of the company my grandfather founded over 90 years ago. We have found in CVC a partner who shares our vision, values and passion for the company, its employees and its role in developing and distributing healthcare around the world.
“I believe that this is great outcome for the company and its employees who will benefit greatly from having CVC as a partner.
Audax Private Equity (Audax), in partnership with management, has completed the sale of HALO Branded Solutions to TPG Growth, the middle market and growth equity platform of global alternative asset firm TPG, and HALO management.
Headquartered in Sterling, Illinois, HALO partners with more than 60,000 clients across North America to provide creative solutions. The company operates across two business lines: HALO Branded Solutions, one of the world’s largest distributors of promotional products; and HALO Recognition, which designs and administers employee incentive and rewards programs for enterprise customers. Known for its industry-leading customer service, HALO has a nationwide salesforce of more
The EQT VIII fund (EQT VIII) is to acquire SUSE, a global provider of open source infrastructure software for large enterprises, from the global infrastructure software business Micro Focus International plc (Micro Focus) in a USD2.535 billion deal.
The transaction is subject to Micro Focus shareholder and customary regulatory approvals.
Founded in 1992, SUSE is the world’s first provider of an enterprise-grade open source Linux operating system. SUSE is today a market leader in enterprise-grade, open source software-defined infrastructure and application delivery solutions for on premise and cloud-based workloads, including solutions for container and application delivery technology.
EQT will
New private equity firm Aretex Capital Partners has closed its first transaction, the acquisition of Alerian, a provider of energy infrastructure indices and market intelligence based in Dallas, which was announced in May 2018.
The investment is representative of Aretex’s strategy to invest in founder-led businesses with multiple growth levers.
Led by founders Sergio D’Angelo and Andrew Feller, Aretex Capital Partners is based in New York and London and will invest primarily in North America and Europe, working in partnership with entrepreneurs and management teams with proven track records of success. The firm seeks to create value by helping
AXA Investment Managers – Real Assets (AXA IM – Real Assets) is to acquire, on behalf of clients, and in a joint venture with Crédit Agricole Assurances and Fluxys, a 35.76 per cent stake in the Dunkirk LNG regasification terminal (Dunkirk LNG) in Northern France.
With Fluxys already holding 25 per cent in the facility, the company through the consortium will have ~30.39 per cent in the capital of the terminal while AXA Investment Managers – Real Assets, on behalf of its clients, and Crédit Agricole Assurances each will hold ~15.19 per cent. The vendors are EDF Développement Environnement (EDF)
Natixis Investment Managers has expanded its private debt capabilities with the acquisition of a MV Credit, a European Credit specialist focused on upper mid-cap private debt.
The acquisition providing investors with access to a wide range of strategies in private equity, private debt, real estate, and infrastructure. MV Credit will remain fully autonomous while being able to access Natixis Investment Managers’ centralised global distribution capabilities. Natixis says the acquisition will be fee rate accretive, and the impact of the transaction on its CET1 ratio is estimated at around 10 basis points (bps).
MV Credit is a long-established, UK-based, European
ORIX Corporation USA (ORIX USA) is to acquire NXT Capital, a provider of structured financing to the US middle market.
“The acquisition of NXT Capital is one step forward in expanding our product set within our third-party asset management platform and achieving continued growth through strategic relationships,” says Hideto Nishitani, ORIX USA Chairman, President and CEO. “The addition of NXT Capital will accelerate our position as a hybrid middle-market lender and asset manager, allowing ORIX USA to expand our participation into larger, more strategic investments and strengthen our competitive advantage as a top-tier provider of capital to middle-market companies and
Nexxus Iberia’s Nexxus Iberia Private Equity Fund I (FCR) has completed its first investment in Fuertes Gimeno Comunicaciones (FGC).
Founded in 1998, FGC is a Spanish engineering company that provides a wide range of services to telecom carriers and equipment vendors for the deployment, maintenance, upgrade and optimisation of mobile and fixed networks. Such services include consultancy, outsourcing of qualified personnel, site location management, first line maintenance of network, and engineering projects. FGC main clients are in Spain, Germany, UK, Mexico and other Latin American countries (LatAm).
Nexxus Iberia believes that FGC is in a great position to profit
LDC, the UK’s leading mid-market private equity investor, has made a GBP10 million investment in Yorkshire property agency Linley & Simpson to support its expansion.
Founded by Will Linley and Nick Simpson 20 years ago, Linley & Simpson is a market-leading residential lettings and sales agency based in Horsforth, Leeds. It employs 180 people across 11 regional branches, manages a portfolio of more than 5,800 properties and generates a turnover of more than GBP9 million.
The deal sees LDC back the existing management team with a GBP10 million investment to drive its acquisition strategy as well as support technology
Green Arrow Capital SGR, on behalf of Private Equity Fund 3 has executed the first add-on for its portfolio company TFM Automotive & Industry SpA, acquiring the 100 per cent of Spiral Ingranaggi Srl.
The company, specialising in the production of small and medium-sized gears, both cylindrical and conical, with straight, helical and spiral toothing used for adaptors, machinery and transmissions, represents the perfect fit for TFM Group, one of the main European producers active in manufacturing high precision machined components for the Automotive, Cycle and Oil & Gas sectors.
Spiral, founded in 1994 by the engineer Massimo Ronconi
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
