Deals
Private equity investor Equistone Partners Europe Limited (Equistone) has acquired BFT Mastclimbing (BFT), a specialist for the specification, rental, and installation of Mast Climbing Work Platforms (MCWPs).
Equistone has acquired a majority stake in the company, investing alongside current CEO and founder Robin Head. Financial terms of the deal have not been dislcosed.
Founded in Leighton Buzzard in 1997, BFT Mastclimbing today maintains a fleet of over 650 motorised MCWPs to provide a cheaper, safer, and more flexible alternative to traditional scaffolding on construction, renovation, and maintenance projects nationwide. Operating out of the company’s central UK depot in Bedfordshire,
D’Ieteren and Clayton, Dubilier & Rice (CD&R) are in exclusive discussions under which CD&R-managed funds would acquire a 40 per cent ownership interest in the Belron group, a specialist in the vehicle glass repair and replacement (VGRR) market.
Under the proposed agreement, D’Ieteren and management would retain the remaining 60 per cent ownership interest in the company. The proposed transaction would value Belron at EUR 3 billion (enterprise value) which, after deduction of debt-like items (including a dividend payment of EUR 453 million), translates into an equity value of about EUR1,550 million. The proposed transaction is subject to an information
Ancala Midstream Acquisitions (Ancala Midstream) has completed its acquisition of Apache’s interests in the Scottish Area Gas Evacuation (SAGE) System and the Beryl Gas Pipeline for an undisclosed sum.
Ancala Midstream has been appointed as operator of both systems.
Ancala Midstream has been established by Ancala Partners, the independent mid-market infrastructure investment manager, as a platform to make and manage investments in North Sea midstream oil and gas infrastructure. Ancala appointed Jim Halliday as Chief Executive Officer of Ancala Midstream in November 2016.
Ancala Midstream has acquired 100% of SAGE North Sea Limited (“SNSL”) which holds Apache’s 30.28%
In May this year, CMS underwent the biggest tripartite merger in legal history in the UK, combining with Nabarro and Olswang to create a law firm with the third biggest footprint and 4,500 lawyers working globally.
James Grimwood (pictured) is a Partner and global head of Private Equity at the newly merged firm, and reports that the global team is driving huge amounts of activity with over 100 private equity deals so far in this calendar year.
Grimwood believes that it is a range of different things driving the private equity business growth. “Within private equity we have a strong
Noerr has advised IDI Gazeley on the acquisition of its European division Gazeley by the Singaporean warehouse operator Global Logistic Properties (GLP).
GLP acquired Gazeley for USD 2.4 billion from the portfolio of the Canadian real estate investor Brookfield Asset Management.
Gazeley, the European division of global logistics company IDI Gazeley, is a leading investor and developer of logistics warehouses and distribution parks with a 33 million square foot portfolio concentrated in Europe’s key logistics markets, namely the UK, Germany, France and the Netherlands.
Noerr advised IDI Gazeley on the legal aspects of the transaction in Germany and
Ametros Financial Corporation, a specialist in post-settlement medical administration, has secured a growth capital investment from Long Ridge Equity Partners.
Founded as an independent company in 2010, Ametros provides settlement recipients and self-pay individuals (its “members”) with a broad set of financial and medical management tools, including integrated medical administration tools and reporting, seamless and automated payment technology, and access to significant healthcare discounts for pharmaceuticals, provider visits, and medical equipment.
Ametros has become a trusted partner for thousands of members receiving funds from workers’ compensation and liability settlements, in addition to providing services and solutions for all parties
Gide’s Casablanca and Brussels offices assisted Renault Trucks (Volvo group) on the divestment of its Moroccan subsidiary, Renault Trucks Maroc, to longstanding distribution partner Groupe Bernard Hayot (GBH).
The closing took place on 1 November 2017, following the approval of the transaction by the Moroccan competition authorities.
A long-standing distributor of Renault Trucks in the French Antilles, Reunion Island, Ghana and the Ivory Coast, GBH intends to expand its development in Africa and strengthen its offer on the Moroccan market. GBH was already present in North Africa with the Hertz franchise in Morocco and the distribution of Citroën and
Danish environmental services group Reconor, a portfolio company of private equity firm Agilitas, has completed its third acquisition of 2017. Financial terms of the deal have not been announced.
Reconor, based in Farum, Denmark, is further strengthening its activities in Southern Jutland with the acquisition of the business of 7-9-13 Recycling, a waste collection and recycling company established in 2000 and counting more than 250 customers, served with over 250 mini-containers and over 85 skips. The acquisition follows the purchase of Mijodan a/s, also based in Southern Jutland, in October 2017 and the acquisition of Lotra a/s in June 2017.
Noerr had advised Bridgepoint and its portfolio company WiggleCRC on the acquisition of Bike24 from the private equity fund Riverside.
Bike24 is an e-commerce platform for bicycles, sports equipment and clothing active in Germany, Austria and Switzerland. The company, which is based in Dresden, was taken over in 2011 by Bridgepoint and is one of the fastest-growing online bicycle retailers in Europe.
The Noerr team led by Munich partner Georg Schneider advised Bridgepoint and WiggleCRC comprehensively on all German aspects of the transaction. Travers Smith advised on English law.
Aster has raised an additional EUR240 million bringing its total funds under management to EUR500 million. A specialist in digital transformation and industries of the future, the investment company provides support to growing companies in the sectors of energy, mobility and industry.
Building from a Business Hub, a true acceleration platform serving entrepreneurs, Aster provides them with support to jump-start their development projects and benefit from corporate investor networks.
A EUR240 million capital increase is to be invested primarily in Europe and the United States. The EUR240 million in capital raised in the first closing by several industrial players
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12 November, 2026 – 8:00 am
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