Allocations
Sotralu Group, supported by its majority shareholder Bridgepoint Development Capital, has acquired GNS Group in Portugal. Its aim is to consolidate its position in Europe and continue to develop its export market further afield (China, India, the Middle East).
With sales of more than EUR8 million and strong growth over the last three years, the family-owned GNS Group is a Portuguese specialist in locks, hinges and accessories for aluminium joinery (including doors). Its products will complement the Sotralu Group range, and particularly that of its Italian subsidiary Erreti. Based in Agueda in Portugal, the GNS group has 100 employees and
Carpet & Flooring (Trading) Limited, one of the UK’s leading distributors of floor covering products, has secured a GBP15 million asset-based lending (ABL) facility from Secure Trust Bank Commercial Finance to support strategic acquisitions.
The business has its headquarters in Redditch in the Midlands with 11 branches nationwide, including Manchester, Birmingham and Bristol. It was acquired in February 2017 from SIG Plc by private equity investor, Endless, which specialises in acquiring non-core assets from larger corporates.
The new funding will enable the business to pursue strategic acquisitions and support new branch openings.
Lisa Tomlin, Carpet & Flooring CEO,
BioMedPartners AG, based in Basel, Switzerland, has held the final closing of BioMedInvest III, the company’s third equity venture capital fund, at CHF100 million.
BioMedInvest III is a healthcare venture capital fund which invests in private early-to-mid- stage companies in Switzerland, Germany and neighbouring countries of the European Union.
“We are delighted that the continued success of BioMedInvest convinced many of the major investors of the previous funds to commit also to BioMedInvest III. Among these are the European Investment Fund (EIF) on behalf of the ERP-EIF Dachfonds as cornerstone investor and the Berner Kantonalbank, BEKB. In addition we
German Equity Partners IV (GEP IV), a private equity fund managed by the independent German investment company ECM Equity Capital Management (ECM), has acquired a stake in Albrecht & Dill Cosmetics (A&D).
The previous sole owner, Philipp Sahling, will continue to run the company as Managing Partner.
As part of the transaction, the extended management team will also invest in the traditional Hamburg-based company. Together, the partners aim to continue the company’s successful track record and, on the basis of A&D’s strong market position, realise its substantial growth potential. The parties have agreed not to disclose the purchase price
Ocelot Partners Limited is to acquire Ocean Outdoor from investment funds managed by Searchlight Capital Partners (Searchlight) for an enterprise value of GBP200 million.
Ocean is a pure play operator of premium digital out-of-home (DOOH) advertising in the UK. Ocean’s portfolio of digital, full motion screens facilitates connectivity as out-of-home, digital, mobile, online and screen media all converge to create deeper brand experiences. Ocean has an outstanding track record of pioneering new DOOH technologies, research and thought leadership, and for facilitating creativity in DOOH.
The Company has assets covering the key cities and retail centres of the UK, including
Pamlico Capital has made a growth equity investment in Silverline, a Salesforce Platinum Consulting Partner headquartered in New York City.
The partnership will allow Silverline to advance as a leader delivering innovative solutions across the Salesforce Platform, including the vertically-focused Salesforce Financial Services Cloud and Salesforce Health Cloud.
“Silverline’s vision has always been to help its customers transform their business using the Salesforce platform. This partnership will allow us to continue to execute on that vision while expanding our incredible team,” says Gireesh Sonnad, CEO and Co-Founder, Silverline. “We are excited to have the support of the Pamlico team
General Partners (GPs) and their teams at private equity funds are increasing their personal commitments, expecting to commit an average of 3.3 per cent to their next fund, according to Investec Fund Finance’s latest GP Trends report.
“These figures show that the days of 1 or 2 per cent commitments are long gone, as LPs expect increasingly large commitments from GPs,” says Jonathan Harvey, who looks after European Fund Finance at Investec. “As the size of funds has risen along with proportionate commitments, the absolute size of commitments is increasingly significant.”
As a result, many are relying on carry
Law firm Paul Hastings has acted for Goldman Sachs and Citigroup as arrangers on financing for the recommended public-to-private GBP1 billion acquisition of Laird by Advent International.
AI Ladder Limited (Bidco) (a wholly-owned indirect subsidiary of funds managed by Advent International Corporation) and UK electronics and technology business Laird reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Laird by Bidco.
The Acquisition is to be effected by means of a scheme of arrangement under Part 26 of the Companies Act. The Acquisition values the entire
Dallas-based private equity firm CenterOak Partners has launched TruRoad Holdings through its investment in JN Phillips Auto Glass and subsequent combination with Techna Glass.
The combination creates the second largest automotive glass and claims-management company in the United States. CenterOak’s investment will provide capital to support the growth of the newly formed entity.
TruRoad operates in two primary segments – auto glass and recalibration and insurance claim services – and goes to market under the JN Phillips Auto Glass, Techna Glass, Windshield Centers, and Harmon Auto Glass service brands and through its StrategicClaim software and services business unit. The
Noerr has advised JC Flowers & Co on the acquisition of shares in HSH Nordbank.
Certain funds advised by the US private equity firm are acquiring the bank along with the financial investor Cerberus Capital Management as independent investors.
Further investors are the investment companies Golden Tree and Centaurus Capital as well as the Austrian Bawag PSK.
In this transaction JC Flowers & Co relied on the advice provided by Noerr and a team led by Volker Land, co-head of Noerr’s Hamburg office and a financial institutions M&A specialist. The firm’s team advised JC Flowers & Co comprehensively,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm