Allocations
Burger King has sold its wholly-owned German subsidiary and its 91 company-owned restaurants in Germany to Yi-Ko Holding, owned and operated by Ergün Yildiz, a long-standing Burger King restaurant operator in Germany, and Alexander Kolobov, who has been driving the company’s expansion in Russia.
The sale is part of Burger King’s global refranchising strategy. As part of the transaction, Yi-Ko Holding has agreed to develop new Burger King restaurants during the next five years and remodel an additional 57 Burger King restaurants during the next 18 months.
A CMS Hasche Sigle team led by corporate partner Martin Kolbinger advised
Electra Partners has received a binding offer for Allflex Holdings, a manufacturer and distributor of plastic and electronic animal identification tags, from funds advised by BC Partners.
The offer is subject to consultation with the relevant works council in France and certain regulatory approvals.
If the offer is accepted, and reflecting current exchange rates, acceptance of the offer will generate gross proceeds of USD630.5m to clients of Electra Partners. This includes Electra Private Equity PLC which will receive USD398m (GBP256.7m) on closing, representing a gross return of 15x original cost (including income) over the 14 years of investment;
Backstop Solutions Group, a Software-as-a-Service provider to the alternative asset management industry, has acquired the PerTrac CMS product line, a customer relationship management tool built exclusively for the institutional investment community.
The business was acquired from eVestment, a provider of institutional investment data and intelligence solutions. Terms of the deal have not been disclosed.
With this acquisition, Backstop now serves over 575 clients in the private investment community, including hedge funds, funds of hedge funds, endowments and foundations, institutional investors, family offices, pensions, private equity firms and consultants. Backstop also opened new offices in New York and London
Graham Stock (pictured), chief strategist at Insparo Asset Management comments on Bharti Airtel decision to sell a stake to Qatar investment group…
Bharti Airtel’s desire to raise fresh capital to finance further investment in its African operations highlights the continuing potential for growth on the continent. The roll-out of next generation data services in particularly will be an important driver of growth, as voice services trend to maturity. For example in Kenya where Airtel is the second largest operator, the number of internet subscribers rose 75% in 2012 alone, with mobile subscriptions accounting for 99% of the market. Mobile penetration,
CMS Cameron McKenna has advised a consortium led by Bancroft Private Equity on its sale to East Capital Explorer of a majority stake in Starman, a cable TV, broadband internet and voice cable services provider in Estonia.
East Capital Explorer will acquire 67.72 per cent stake in the company, with the remaining stake being held by Starman’s founders.
The transaction, which was led by Graham Conlon and Anela Musat, members of the firm’s international private equity team, is subject to approval from the Estonian competition authorities. It is expected that completion will occur during the second quarter of
Dealogic has completed the acquisition of Junction RDS (JRDS).
Founded in 2005, JRDS provides ownership analysis of UK listed companies and combines specialist research by skilled staff with proprietary analytical software.
The JRDS acquisition further enhances the Dealogic product set by providing clients with greater transparency into ownership of UK equities.
Greg Young, co-head of institutional client management at Dealogic, says: "Combining JRDS’ unique content with our already extensive coverage of global investor holdings, contacts and profiles will provide our clients with an even greater level of insight into investor behaviour globally and is a valuable
Five packaging companies in North America and Europe intend to combine to operate as one firm under the banner of Exopack Holdings Sarl, a new Luxembourg company.
The combined business will have 63 plants, 8,650 employees and aggregate revenues of more than USD2.5bn, making it the sixth-largest plastics packaging company in the world.
Joining Exopack, a US-based producer of flexible paper and plastic packaging and advanced coatings, will be four companies based in Europe – Britton Group, a flexible plastic packaging manufacturer; PACCOR, the second-largest rigid plastic packaging company in Europe; Kobusch, a producer of tailor-made flexible and
Private equity firm HIG Capital has completed the acquisition of Caraustar Industries, a provider of recycled paperboard and related products. Caraustar was majority owned by private investment funds managed by Wayzata Investment Partners.
Headquartered in Austell, Georgia, Caraustar is one of North America’s largest integrated manufacturers and converters of 100 per cent recycled paperboard and converted paperboard products. Caraustar serves end-use markets in tube and core, folding carton, gypsum facing paper and specialty paperboard products. Caraustar is also one of the largest collectors and processors of recovered fibre in the US. The company services its diversified customer base through a large
Brothers Edmund and Danny Truell have completed a substantial growth capital investment in Imagine Publishing to support the next phase of the multimedia publisher’s expansion.
Imagine Publishing is one of the UK’s fastest-growing multimedia content publishers. Formed in May 2005, it now publishes 19 regular print magazines, 50 digital apps, more than 250 bookazines, 29 websites and thousands of articles every month in the technology, videogames, photography and knowledge/science markets.
An Imagine magazine is purchased every ten seconds, and the Company this month won a Media Pioneer award at the Specialist Media Show for the “Content is King” digital strategy
While indemnification claims, purchase price adjustments, earn-out achievement disputes, and other post-closing issues in private-target M&A transactions remain common, data shows that claim resolution is becoming more efficient.
SRS | Shareholder Representative Services, the post-closing expert for private-company mergers and acquisitions, has released the 2013 SRS M&A Post-Closing Claims Study, which analyses post-closing issues and payouts across 420 private-target acquisitions, comprising USD66.7bn in stated deal value with USD6.7bn held in escrow and USD9bn in potential earn-out consideration.
The study presents aggregate data from nearly 700 claims, including new data points on specific claim types, claim and escrow payouts,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
