Deals
M&A and capital markets lawyer John Johnston has returned to Vinson & Elkins as as counsel in New York. Johnston rejoins the firm where he began his career, having spent the past five years at Baker Botts.
Johnston represents businesses in a wide range of corporate transactions, including initial public offerings, registered and unregistered offerings of equity and debt securities, and M&A transactions. In addition, Johnston advises companies on shareholder activism and corporate governance matters, Exchange Act reporting, beneficial ownership reporting, stock exchange compliance and other securities law matters.
Johnston has represented public and private companies and investment funds based
Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, has added Nordic Tubs to its pool and spa platform. The platform now consists of Artesian Spas, Marquis Hot Tubs and Nordic Hot Tubs.
Nordic manufactures hot tubs and related accessories for the residential market in North America and Europe. The Nordic acquisition will enhance the platform’s existing product portfolio by adding the leading manufacturer of high-density polyethylene (HDPE) hot tubs in the value category.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC provided legal counsel to Monomoy on the acquisitions. Calder Capital, LLC served as financial
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, software, and industrials industries, has made a significant investment in Jet Support Services, an independent provider of aircraft maintenance support and financial tools for the business aviation industry.
Duke Street, a European mid-market private equity group, is to acquire Suir Engineering, a provider of innovative mechanical, electrical and instrumentation engineering solutions across Europe.
KKR has led a $48 million Series C funding round in Privy, a digital trust provider in Indonesia. Existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi, and new investors including Singtel Innov8, also participated in the round.
Private equity firm Genstar Capital is to invest in Likewize, a tech protection and support company, alongside the firm’s existing private equity investor, Brightstar Capital Partners.
Vodafone Group Plc has agreed the partial sale of its mobile-phone masts business Vantage Towers to a consortium led by private equity firms Global Infrastructure Partners and KKR & Co in a deal that values the business at $16 billion.
Vodafone’s current 81.7% stake in the business will be put into a joint-venture company Oak BidCo which will then look to acquire the listed shares which account for the remaining 18.3% of the company. Vodafone will also sell a stake in the Oak BidCo at €32 per share to the GIP-KKR consortium, which will end up with between 32 and
Global software investment firm Thoma Bravo has led a $70 million expansion to TRM Labs’ Series B funding round, bringing the raise to $130 million in total.
Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures, and others, also participated in the round. The expansion follows TRM’s original $60 million Series B raise in December 2021 led by Tiger Global.
TRM’s blockchain intelligence solutions are utilised by law enforcement agencies, regulatory bodies, tax authorities and financial intelligence units worldwide to support investigations and analysis of crypto-related fraud and financial crime.
TRM’s private sector clients include some
Ambienta, one of Europe’s largest asset managers entirely focused on environmental sustainability, has acquired a majority stake in LÄSSIG, a producer of functional, sustainable and innovative products for babies, children and the whole family.
The company was previously held by financial investors and the founders Claudia and Stefan Lässig, and Karin Heinrich all of whom have maintained stakes in the business.
Based in Babenhausen, Hesse (Germany) and founded in 2006, LÄSSIG is a producer of functional, sustainable and innovative products, with sales in the DACH region as well as other European markets. The company has successfully started expansion to other
Private equity buyout firm Japan Industrial Partners has submitted a $15 billion bid to acquire Toshiba Corp, without having secured the backing of banks raising doubts over the viability of the proposed deal, according to a report by Reuters.
JIP’s proposal includes a commitment of almost half of the $15 million from a consortium of over ten investors including utility company Chubu Electric Power Co Inc and financial services group Orix Corp.
The report cites information from Japan’s Nikkei newspaper as revealing that JIP’s proposal appears not to have included commitment letters from banks, with the fund aiming to pull
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
