Law firm Stroock is representing Atlas Merchant Capital as co-lead investor in the pending acquisition of Talcott Resolution, the run-off life insurance and annuity division of The Hartford.
 
 Total consideration to The Hartford of USD2.05 billion is comprised of cash, a pre-closing dividend, transferred debt, and a 9.7 per cent ownership interest in the acquiring company. The transaction will generate total value to The Hartford’s shareholders of approximately USD3 billion. The deal is expected to close in the first half of 2018.
 
Stroock’s deal team is led by insurance M&A partner Bernhardt Nadell, insurance tax partner Micah Bloomfield

Atrium Innovations is to be acquired by Nestlé from a group of investors including a company backed by the Permira Funds, Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec, for USD2.3 billion in cash.    Atrium is a specialist in the development, manufacturing and commercialisation of innovative, science-based, natural health products, and nutritional supplements. Its brands and business model are complementary with Nestlé’s science-based nutritional solutions for consumers, patients, doctors, nurses and other partners in healthcare. With Nestlé’s significant resources, scale, breadth and capabilities, Atrium will continue to expand its brands and compete even more effectively in the

Procare Software, a portfolio company of private equity firm TA Associates, and a specialist in child care management solutions, has completed an acquisition of KidReports, a provider of real time reporting technology and services to child care providers. This strategic acquisition creates a “one-stop” solution designed to meet the complete management and parent communication needs of child care businesses and organisations.   The world’s largest provider of child care management software, services and hardware, Procare offers desktop and cloud hosted solutions that allow for automated collection of tuition, fees and other payments, as well as modules to track student attendance,

Agilitas, a pan-European private equity firm, has completed the buyout of Danoffice IT, a global value-added reseller of Information Technology and Information Systems to international organisations and businesses operating worldwide. Consideration on the transaction is not being disclosed. Danoffice IT is headquartered in Svendborg, Denmark, with offices in several locations across the globe, providing high-value support to a wide range of international clients with significant cross-border operations and exposure to developing countries. Danoffice IT offers a one-stop-shopping platform with an array of products, services and logistical solutions, backed by professional and certified personnel ready to assist its client’s headquarters or

Align Capital Partners (ACP) has acquired workplace safety and training company Lewellyn Technology from Evolution Capital Partners (Evolution). This is ACP ’s first platform investment from the business-to-business training and certification thesis ACP launched earlier this year.   Lewellyn is a market leader providing critical, high impact electrical safety training and inspection services such as Arc Flash, Combustible Dust and Lockout/Tagout risk assessments. Headquartered in Indianapolis, Indiana, the Company provides onsite training, hazard assessments, and mitigation for Fortune 1000 companies nationwide through its highly skilled in-house network of engineers and technicians.   “We are excited to partner with Mike Vea