Managers
Law firm Paul Hastings is advising Monaco Telecom on its agreement with MTN to acquire the entire issued share capital of MTN Cyprus, for net sale proceeds of EUR260 million.
MTN Cyprus is the fastest growing mobile and fixed operator in Cyprus with more than 400,000 customers and 2017 revenues of EUR123 million.
Monaco Telecom is majority owned by NJJ, the investment vehicle of Xavier Niel, one of France’s most prominent business leaders and an investor in telecommunications and technology ventures for 25 years.
Paul Hastings has previously advised NJJ on its EUR3.5bn acquisition of a majority stake in
Private equity firm TA Associates has completed a minority investment in Prudent Corporate Advisory Services (Prudent), an independent distributor of mutual fund and other wealth products in India.
Financial terms of the transaction have not been disclosed.
Founded in 2001, Prudent provides personal and corporate investment planning services through the distribution of mutual funds, bonds, broking and insurance products. The company operates through its network of over 10,000 Independent Financial Advisors (IFAs). Prudent provides its IFA partners with training and development services, technology platforms to grow and manage their client-base, back-office services, and sales and marketing support. The company
An affiliate of private equity firm HIG Capital (HIG) has sold Kondor Limited, a specialist provider of category management solutions for audio and mobile accessory products into the retail and mobile network channels in the UK and Europe, to DCC Technology.
Terms of the transaction have not been disclosed.
Headquartered in Dorset, England, Kondor distributes audio and mobile accessory products to a broad range of e-tail, retail and mobile operator customers. HIG invested in Kondor in 2014, and has since overseen a full reorganisation of the business. HIG worked in partnership with Kondor to professionalise back office systems, develop
Henkel has signed an agreement to acquire Aislantes Nacionales, a specialist in the Chilean tile adhesive and building materials market.
Aislantes Nacionales is a privately-owned company specialised in manufacturing and marketing a wide variety of products in the building materials market. The portfolio includes ceramic tile installation systems, mortars for finishing floors and walls, elastic sealants and insulation systems. In the fiscal year 2017, Aislantes Nacionales SA generated sales of about EUR80 million. The company is based in Santiago de Chile and employs around 220 people at a local production site.
The transaction is in line with Henkel’s strategy
Gide has advised Renault on the renewal of its strategic partnership with OYAK in Turkey, extending their joint venture relationship.
The agreements signed on 26 June 2018 regulate the new terms of the joint venture relationship, including the manufacturing by OYAK-Renault of Renault and Dacia vehicles, their parts and spare parts, as well as their commercialisation by MAİS on the Turkish market.
The agreements bring no change to the shareholding structure of the joint venture companies: Renault still holds 51 per cent and OYAK 49 per cent of the share capital of manufacturing entity OYAK-Renault, while OYAK holds 51
Blackstone’s Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program have acquired a minority stake in Francisco Partners, a technology-focused private equity firm.
The investment provides Francisco Partners with balance-sheet capital to continue to develop its strong platform while increasing commitments to its own funds, and strengthening its alignment with limited partners. Terms of the transaction were not disclosed.
Dipanjan “DJ” Deb, Co-founder and CEO of Francisco Partners, says: “Since our inception, we have always prided ourselves on the strength of our relationships. We have the opportunity to work with great management teams who create solutions across all
Antabio SAS, a biopharmaceutical company developing novel antibacterial treatments in areas of highest unmet needs, has extended its Series A financing round with an additional EUR5.2 million subscribed by investment funds Omnes, BNP Paribas Développement, and Sham Innovation Santé (Turenne Capital).
Existing shareholder Galia Gestion also participated in this extension.
In October 2017, Antabio announced a first closing of its Series A financing round for EUR7.3 million subscribed by investment funds iXO Private Equity, IRDI SORIDEC Gestion, Galia Gestion and Antabio’s historical investor and former President of OM Pharma Christophe Ricard. The second closing brings the total raised in
Greensill, a provider of working capital finance for companies globally, has received a strategic investment from growth equity firm General Atlantic.
General Atlantic’s USD250 million investment values Greensill at USD1.64 billion.
Founded in 2011, Greensill provides businesses with alternative sources of funding, allowing them to provide suppliers with the opportunity for faster payment, while at the same time preserving their own capital position. Greensill has facilitated payments to 1.5 million suppliers, and provided over USD40 billion of financing across 50 countries since inception.
In its next phase of growth, Greensill plans to work closely with General Atlantic to
Céréa Capital has sold it stake in BCF Life Science, a French specialist in the extraction of natural amino acids, with sales of roughly EUR30 million in 2017, to MBO Partenaires and the company’s senior management team.
Jacques Pidoux and Renaud Sergheraert, Managers of BCF Life Sciences, says: “Céréa Capital’s support since 2012 has been extremely positive in helping to strengthen the company’s industrial facilities and its economic fundamentals. The arrival of MBO Partenaires opens a new page to further accelerate the strategy of innovation and international development whilst ensuring the ongoing pursuit of industrial investments essential to the Group’s
RL Solutions (RL) and Datix Limited (Datix), providers of healthcare quality and patient safety software, are to combine to form a key player in patient safety, quality, and infection prevention.
Datix is a portfolio company of private equity firm TA Associates.
After a brief transition period through the end of July, Seyed Mortazavi, Datix CEO, will take over chief executive duties of the combined company. Sanjay Malaviya, RL’s founder and CEO, will become executive chairman of the board. Both will work together closely to ensure a smooth transition of duties so that mission critical work can continue to be
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
