Allocations
Palamon Capital Partners is to sell OberScharrer Group to Nordic Capital Fund IX (Nordic Capital). The sale, which is subject to regulatory approvals, will generate investment returns of 3.6x invested capital for Palamon. The full terms of the transaction have not been disclosed.
OberScharrer is the largest ophthalmology group in Germany, delivering more than 85,000 treatments per year through its circa 80 clinics. Key group services include cataract operations, innovative treatments such as Intravitreal Operative Drug Application (IVOM) for degenerative eye disorders, as well as non-invasive eye treatments and the diagnosis of eye disorders.
Palamon acquired a substantial majority stake in
NVM Private Equity (NVM) has led a GBP5 million growth capital minority investment in Manchester-based CurrentBody, an online retailer for home-use beauty devices.
Having achieved exceptional sales growth in the last year, the investment will help support its next phase of expansion, allowing the company to accelerate its strategic initiatives and support working capital requirements.
Co-Founded by Laurence Newman and Andrew Showman, CurrentBody is the only website specialising in beauty devices for home use. Recently named number 22 in the Northern Tech 100 – a rank of the top 100 fastest growing tech companies in the North – this growth
Natixis Partners will acquire a minority stake in Clipperton strengthening its service offering to its industrial and private equity clients in order to assist them in their tech developments.
In addition to its own European offices in Paris, Berlin and London, Clipperton will now benefit from a leading platform in the rest of the world, particularly in the United States (with PJ Solomon) and in Asia (with Vermilion Partners).
Thanks to this new alliance, Clipperton continues to scale quickly and reinforces its status as the reference European M&A boutique focused on technology.
With Natixis Partners as a new
King & Spalding has advised BlueLinx Corporation, a subsidiary of BlueLinx Holdings, on the acquisition of all of the issued and outstanding capital stock of Cedar Creek Holdings, a portfolio company of the private equity firm Charlesbank Capital Partners.
The merger agreement provides for an aggregate purchase price of USD413 million on a debt-free, cash-free basis. The merger consideration will consist of approximately USD345 million in cash for payments to the equity holders of Cedar Creek and other closing payments, and approximately USD68 million as the agreed value of capital leases. The transaction was structured as a reverse triangular merger
Burford Capital Limited, a finance and investment management firm focused on law, is to sell its entire investment USD12.8m investment in Teinver for USD107 million in cash, representing an investment gain of USD94.2 million and a return on invested capital of 736 per cent.
Burford’s stake in Teinver stems from an investment in an arbitration matter arising out of the expropriation of two Argentine airlines by Argentina’s government. In July 2017, the arbitration tribunal rendered an award in favour of the claimants; that award entitled Burford to receive more than USD100 million under its funding agreement.
Burford says the
Macquarie Investment Management, the investment management division of Macquarie Group, is to acquire Luxembourg-based ValueInvest Asset Management SA (ValueInvest).
ValueInvest is a specialised asset management business which pursues a unique value-oriented investment strategy across global and Japanese equities. The business is based in the Grand Duchy of Luxembourg and has approximately EUR4 billion in assets under management as at 31 December 2017. The deal is expected to close in mid-2018. Terms have not been disclosed.
Ben Bruck, global head of Macquarie Investment Management, says: “Investors today need skilled active managers across a diverse range of asset classes. Part of
UK meal-kit company, Gousto, has raised a further GBP28.5 million in additional equity funding from new and existing investors Hargreave Hale, Angel CoFund, MMC Ventures, and BGF Ventures, bringing the total amount raised to GBP56.5 million.
The investment shows enormous progress for the company, a first-mover in the highly competitive and fast-growing meal-kit industry, which is predicted to generate USD10 billion globally by 2020 and is already worth an estimated USD3.5 billion in the US.
Founded in 2012, Gousto has seen revenues rocket by nearly 100 per cent in 2017, with the company currently delivering over one million meals monthly.
An affiliate of private equity firm HIG Capital (HIG) has completed the sale of its portfolio company Matrixx Initiatives to Gryphon Investors.
Matrixx, based in Bridgewater, New Jersey, manufactures and markets Zicam brand homeopathic and allopathic over-the-counter (OTC) products. The Company has been engaged in the development and marketing of better ways to feel better through over-the-counter health care products that utilise innovative drug delivery systems for over 20 years.
In February 2011, HIG acquired Matrixx through a take-private transaction and recruited a new management team. The company implemented a top to bottom transformation that resulted in several successful
A consortium consisting of Infranode, Kommunal Landspensjonskasse (KLP) and Mirova, an affiliate of Natixis Investment Managers, is to acquire Oslofjord Varme AS, a Norwegian district heating company, from iCON Infrastructure.
Oslofjord Varme builds, owns and operates district heating and cooling systems in the Fornebu, Lysaker and Sandvika area in the Greater Oslo Area – a high growth area with significant real estate development. The company also holds joint venture (JV) interests in two district heating businesses: Drammen Fjernvarme (50 per cent) and Fredrikstad Fjernvarme (35 per cent).
“Oslofjord Varme is our second infrastructure investment in Norway and is a
JZ Capital Partners Limited (JZCP), a London listed fund that invests in US and European microcap companies and US real estate, is to sell Bolder Healthcare Solutions (BHS) to a subsidiary of Cognizant, one of the world’s leading professional services companies.
Headquartered in Louisville, Kentucky, BHS offers a full suite of healthcare revenue cycle management services to the hospital and physician marketplace in the United States. BHS was formed through a co-investment partnership between JZCP and the Edgewater Funds.
JZCP will realise approximately USD108.0 million in gross proceeds from this sale, representing an increase in net asset value (NAV)
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
