Deals
One third (33 per cent) of global businesses are planning a sale in the next two years, according to a report from EY.
The annual 2014 Global Corporate Divestment Survey, which surveyed more than 700 corporate executives globally, also reveals that 80 per cent of global executives are open to offers for prized assets and a 30 per cent premium would bring a majority of execs to the deal table.
In terms of options, 55 per cent of global executives would consider a full sale of their business compared to 34 per cent who would opt for a carve
KKR Asset Management, a sub-investment grade manager wholly-owned by KKR, has agreed to provide approximately EUR100m in capital, through a combination of debt and equity, to Gruppo Argenta.
The funds will partially repay current lenders as well provide liquidity for growth. The incumbent shareholders will invest EUR10m alongside KKR.
Argenta is one of the leaders in the vending sector in Italy with 18 operational centres across the national territory, 1,200 employees and 900 vehicles. Argenta vending machines are located in 88,000 sites, including companies, offices, public institutions, universities and outdoor locations such as petrol stations, airports, shopping centres throughout
The Abraaj Group is to acquire in partnership with the European Bank for Reconstruction and Development (EBRD) and the Yörük family, a majority stake in Turkish dairy business Yörsan Group.
Yörsan has been manufacturing branded dairy products in Turkey for over 50 years.
Yörsan has a strong portfolio of products covering all the main dairy categories of yoghurt, cheese, milk and the traditional Turkish drink, ayran.
The dairy sector in Turkey is estimated to be currently TRY6.5bn in size and has grown even during economically challenging years such as 2009.
Working alongside a new leadership team, Abraaj
Private equity group EQT has held the closing of the EQT Mid Market fund. Interest in the new fund was strong, with 95 per cent of the EUR1.1bn capital committed by existing EQT investors.
The fund is advised by a dedicated team of 35 investment advisory professionals based in Copenhagen, Frankfurt, Hong Kong, Shanghai, Singapore, Stockholm and Warsaw. The team has cumulative experience from advising on more than 30 middle market transactions in prior EQT funds with an aggregated transaction value of over EUR3.4bn.
The EQT mid market team is led by Jan Ståhlberg, one of the founders and deputy managing partner
Segulah IV has entered into an agreement to acquire KP Components.
KP Components, which was founded in 1969 by Poul Krogh Pedersen, offers complex machined metal components for hydraulics, power generation and fluid transportation.
KP Components’ head office is located in Spjald, Denmark. Its products are distributed broadly across Europe and the US, where KP Components established production facilities in 2011.
The sellers in the transaction are the Danish private equity fund Capidea Kapital and Industri Udvikling.
Chief executive Martin Krogh Pedersen will remain as a significant minority owner subsequent to Segulah’s acquisition together with management.
Omnes Capital has sold its stake in Emalec Développement to the firm’s management team which is taking full control of the company.
Based in Saint-Genis-les-Ollières, close to Lyon, Emalec is involved in maintenance, electrical, air conditioning systems and multi-technical repair works at branch networks in France including specialist retailing, bank networks and service stations.
The company is one of a few to specialise in multi-site maintenance.
Omnes Capital invested in Emalec Développement in 2007 through an owner buy out together with the founding managers and supported the company for six years. It backed its market share development strategy
HIG Capital has completed the sale of its portfolio company MagnaCare to an investor group led by an affiliate of Goldman Sachs, Pamplona Capital Management, and the MagnaCare management team.
Based in New York, MagnaCare is a health plan services company offering a broad range of healthcare administrative services and access to a proprietary provider network of approximately 95,000 individually contracted physicians, hospitals and other healthcare providers.
MagnaCare currently provides services to approximately 850,000 members and manages approximately USD1.5bn of annual health care expenses.
After acquiring MagnaCare in 2010, HIG partnered with management and invested significant resources in
The Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development (EBRD) are making a joint investment in Cotton Way, a Russian commercial laundry and textile management company.
RDIF and EBRD will together invest RUB3.6bn (USD109m), with each party contributing 50 per cent.
The funds will be used by Cotton Way to continue to invest in facilities by constructing high efficiency laundry factories in key regions of Russia to further strengthen its market position and diversify its customer base.
Cotton Way provides commercial laundry and textile rental services to both local and national state organisations,
CCBR-SYNARC and BioClinica have signed an agreement to merge their companies to create a global provider of specialised outsourced clinical services.
The combined company will offer a portfolio of services uniquely tailored to conducting and managing global clinical trials on behalf of the world’s premier pharmaceutical and biotechnology companies.
Jeffrey McMullen, vice chairman of inVentiv Health, will serve as chairman of the combined company. Mark Weinstein, president and CEO of BioClinica, will serve as CEO.
McMullen, who has more than 40 years of experience in the drug development industry, says: “This is a ground-breaking merger that will bring
Private equity firm Resilience Capital Partners has acquired Mill City TEC, a provider of civil and electrical construction and maintenance services to the wireless industry in the Upper Midwestern US, via a newly-formed company, Mill City Communications.
Mill City Communications is Resilience Capital Partners' second add-on acquisition by its Aero Communications investment platform, which it acquired in October 2012.
Aero Communications is a provider of customer-focused technology solutions to broadband and wireless providers, businesses, public venues, government facilities and residential subscribers.
Steven Rosen, co-CEO of Resilience Capital Partners, says: "We welcome the entire Mill City organisation to
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
