Allocations
Israel Secondary Fund (ISF) has completed the closing of ISF II, a USD100 million secondary fund.
The investors in ISF II include Israeli and global institutional investors, family offices, and high net worth investors.
Institutional investors in the fund include Halman Aldubi, Altshuler Shaham, Bank Hapoalim, IBI and Union Bank of Israel.
ISF II has already completed four investments from the new fund.
ISF is a secondary fund focused on the Israeli market, which provides liquidity to the private equity and venture capital market through purchasing interests in funds and direct holdings in private companies.
ISF
Morrison & Forrester (MoFo) is advising Syneron Medical on its USD397 million acquisition by British private equity firm Apax Partners.
Syneron is a public company that develops and markets aesthetic medical products including devices for hair removal, wrinkle treatment, and skin rejuvenation.
The MoFo team is led by Jackie Liu, co-chair of the firm’s global corporate department, and also includes partners Patrick Huard and Jonathan Gowdy; of counsel Ali Nardali and Joy MacIntyre; and associates Andy Campbell, Nan Ho, and Katherine Shaia.
MoFo worked in conjunction with Israel law firm Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co.
Altus Capital Partners, an investment firm focused on the North American manufacturing sector, has sold PRISM Plastics, a Michigan-based manufacturer of high-precision plastics, to a subsidiary of Marmon Engineered Components.
Financial terms of the deal have not been disclosed.
Altus acquired PRISM in June 2014 alongside the company’s founders to support the company’s growth and expansion efforts in the high-precision plastics market.
During Altus’ ownership period, PRISM completed a variety of organic growth initiatives as well as the June 2016 acquisition of Tech Molded Plastics, a Pennsylvania-based precision plastics company. The acquisition doubled PRISM’s size and added in-house mould building
CVC Capital Partners’ (CVC) Strategic Opportunities Platform has agreed to acquire a 25 per cent stake in CLH, a Spanish oil transportation and storage company.
CVC’s Strategic Opportunities Platform will acquire this stake from Ardian (10 per cent), as well as Kutxabank (5 per cent), Abanca (5 per cent) and Alberta Investment Management Corporation (AIMCO) on behalf of certain of its clients (5 per cent).
CLH has one of the largest and most efficient integrated oil product transportation and storage networks in the world with over 4,000 kilometres of oil pipeline and a storage capacity of more than 8
European asset manager Amundi, with over EUR1 trillion in assets, has established a partnership with the French Alternative Energies and Atomic Energy Commission (CEA), creating an independent asset management company: Supernova Invest.
In addition to taking over the current CEA Investissement funds (with an advisory mandate for the CEA's strategic fund and the management of the FNA ‘Amorçage Technologique’ Fund), the newly-formed entity is intended to create and manage new capital innovation funds for third parties to finance technological innovation projects in France. Supernova Invest will notably manage the ‘Crédit Agricole Innovations et Territoires’ fund, for which Crédit Agricole –
Private equity fund Abac Solutions and PronoKal Group’s management team have acquired 100 per cent of the company from its founders, in order to support its expansion process in Europe and Latin America.
PronoKal Group makes protein-based dietary treatments for obesity and overweight, with sales in excess of EUR42 million and presence in 15 countries in Europe and Latin America.
The Barcelona-based company was founded in 2004 to provide effective weight loss treatments. The company’s offering includes nutritional products, medical supervision, personalised dietary advice, personal training and coaching services, as well as materials to facilitate weight loss maintenance. In
Vistra, a provider of international incorporations, trust, fiduciary, private office and fund administration services, has acquired optegra, a Germany-based specialist in auditing, tax consultancy, legal advisory, and management consultancy services.
With offices in Cologne, Hamburg and Munich, optegra has a staff of 120 professionals serving clients from a range of industries, including automotive, information technology, telecommunications, health care, private equity, real estate, renewable energy, and engineering.
It provides solutions surrounding financial and regulatory services, transaction support, payroll accounting, tax consultancy and administration, as well as start-up support.
The partners of optegra will all remain with the business post-completion
Private equity firm SFW Capital Partners has sold Essen BioScience, a specialist in the field of cell-based assays and instrumentation used for life sciences research, to Sartorius Group for USD320 million.
SFW acquired a controlling interest in Ann Arbor, Michigan-based Essen in May 2014.
SFW recruited Brett Williams to become Essen’s CEO and, throughout the investment, supported Williams and the Essen management team in executing a wide range of strategic, organisational, and operating initiatives to drive significant organic revenue growth and the adoption of Essen’s IncuCyte live cell analysis platform.
With SFW’s support, Essen made substantial investments in the
Italian corporate and financial law firm Gattai, Minoli, Agostinelli & Partners has advised the arrangers Banca Popolare di Milano and UBI Banca in the financing of Italian high-performance bicycles manufacturer Pinarello’s acquisition by the Franco-American private equity firm L Catterton.
Gattai, Minoli, Agostinelli & Partners assisted the two lenders with a team led by partner Lorenzo Vernetti, comprising senior associate Andrea Taurozzi and associates Silvia Romano and Federico Tropeano.
NCTM advised L Catterton and its dedicated vehicle with a team coordinated by partner Eugenio Siragusa.
Founded in November 2012, Gattai Minoli Agostinelli & Partners is a law firm
Private equity firm Keensight Capital and digital growth capital specialist TIME for Growth are to sell their stakes in Oodrive, a provider of sensitive data management SaaS solutions, to a pool of investors led by Tikehau Capital.
TIME for Growth acquired an interest in Oodrive in 2011 and Keensight Capital followed in 2013.
Created in 2000, Oodrive develops online file sharing, backup and digital trust solutions for professionals, in line with international security standards. Oodrive's technologies are used in more than 90 countries and in 14 languages. They support the needs of over one million users and close to
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
