Deals
An affiliate of private equity investment firm CenterGate Capital has made an investment in TSC Apparel (TSC), a distributor of imprintable apparel products and accessories.
Headquartered in Cincinnati, Ohio, TSC is a national B2B distributor of imprintable activewear and accessories, stocking and sourcing thousands of styles of t-shirts, fleeces, headwear, sport shirts, outerwear, and accessories. TSC services its customers from its nationwide footprint of strategically located regional distribution centres. CEO Bob Winget, who has been with TSC since 2001, will continue to lead the company and serve on its Board of Directors.
“We are excited about our partnership with CenterGate and
IKB Deutsche Industriebank (IKB) and Investec Bank (Investec) have underwritten a EUR121 million senior debt financing package to support Ergon Capital Partners’ III (Ergon) acquisition of Keesing Media Group (KMG) out of publicly listed parent Telegraaf Media Group (TMG).
IKB and Investec co-arranged the senior facilities which consisted of term loans, capex/acquisition facilities and an RCF. ING and Rabobank join as early-bird Mandated Lead Arrangers (MLAs) with KBC as Joint Lead Arranger completing the bank line-up.
KMG is the market leader and largest publisher of puzzle magazines in Europe including number and word puzzles as well as puzzle apps.
Global law firm Ropes & Gray has advised Bain Capital Private Equity on its acquisition of NGA UK – a leading UK-based software provider of payroll and HR solutions – from NGA Human Resources.
The financial terms of the proposed transaction, which is expected to close in early 2018 subject to anti-trust and FCA approvals, have not been disclosed.
The Ropes & Gray team was led by private equity partner Will Rosen, with tax partner Brenda Coleman, IP transactions partner Rohan Massey and private equity partners John Newton and Kiran Sharma, all based in the firm’s London office.
Global law firm Ropes & Gray and Japanese firm Anderson Mori have advised Bain Capital on its tender offer for Asatsu DK, Japan’s third largest advertising agency. The tender offer price for 100 per cent of the company is approximately JPY152 billion, or approximately USD1.38 billion – making it one of the largest buyouts in Japan this year.
The Ropes & Gray team was led by private equity counsel Saeko Inaba and private equity partner Tsuyoshi Imai, with support from finance counsel Ben Morris, all based in the firm’s Tokyo office.
It is the forth deal that Ropes & Gray
PrimaLoft, a materials science company specialising in advanced branded technical products including insulation, fabric, and yarn for outdoor, fashion, and other industries, has completed a management-led transaction to recapitalise the business.
The new investor group is led by private equity firm Victor Capital Partners in partnership with the private equity group at Allstate.PrimaLoft management will continue to maintain a significant investment in the business.Financial terms of the transaction were not disclosed.
Founded in 1988 and headquartered in Latham, NY, PrimaLoft is a leader in research and development of high performance materials for leading outdoor and fashion brands, as well as
Albion Capital Group LLP (Albion) has sold its stake in Hilson Moran Holdings Limited (Hilson Moran), an engineering services group in the UK and Middle East, to Tyrens AB (Tyrens), a Swedish technical consultancy.
Hilson Moran’s management team will remain as shareholders and the company will continue to operate under its existing brand name. The investment comes on the back of strong growth for Hilson Moran and will enable the business to provide combined MEP and structural engineering services, joining forces with existing Tyrens investment AKTII.
Funds managed by Albion received total consideration over the course of the investment
Avignon Capital, a European property investment firm and asset manager, has launched Platinum Property Management in a joint venture with McCafferty Asset Management.
Avignon Capital has formed a strategic partnership with McCafferty Asset Management, a European asset and property manager, after identifying a gap in the market for a high-quality Pan-European property management service.
Platinum Property Management will offer a flexible and tailored approach and will act as the link between landlord and tenant to improve services by building stronger relationships and providing an all-encompassing real estate solution. Platinum’s services will build on McCafferty’s strong accountancy knowledge and will
Bain Capital Private Equity has, through its investment in Diversey, reached agreement on the terms of a recommended final cash offer for Zenith Hygiene Group, a UK manufacturer of cleaning and hygiene chemicals and related products.
Based in Hertfordshire, Zenith Hygiene offers a wide, high quality range of products serving customers in the healthcare, food service, hospitality, leisure and facilities management, pharmaceutical, and food and beverage processing industries. The company employs more than 500 people and generated net sales of £67M in the fiscal year ending February 2017.
Bain Capital completed the acquisition of Diversey from Sealed Air in
Growth capital investor Avedon Capital Partners has acquired a majority stake in Altendorf GmbH, manufacturer of saws for craft processing of wood, metal and plastics, located in Minden, Germany.
The ambition is to extend Altendorf Group´s premium position for machines and services in wood, metal and plastics processing with innovative products and technologies to sustainably capture new customer segments and markets through accelerated organic growth and by realising external growth potential.
In the course of this succession solution with Avedon entering as new majority shareholder, the existing managing directors Jörg F Mayer (43) and Wolfgang Ruhnau (48), both active
New Mountain Capital has completed its acquisition of DRB from Prairie Capital (Prairie Capital), a Chicago, Illinois-based private investment firm. Financial details have not been disclosed.
DRB’s technology-enabled devices and software unlock significant value for car wash operators, creating opportunities for substantial outperformance in both top line and bottom line results and delivering a high return on investment. Configurable and scalable, DRB’s offerings are a critical enabler of connectivity across multi-site operations. The company also offers its customers unparalleled customer service and ongoing support.
New Mountain, which manages more than USD20 billion in assets, seeks to acquire the highest
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
