Managers
Mid-market private equity investor Equistone Partners Europe (Equistone) is to acquire a majority stake in Karavel-Promovacances Group and FRAM Group from LBO France.
This investment will be made alongside Alain de Mendonça and Folco Aloisi (founders of the Karavel-Promovacances Group), Cyrille Fradin (the Group’s Financial and Risk Director), as well as some additional FRAM and Karavel-Promovacances directors and employees. The deal will have no impact on the existing operational management of Karavel-Promovacances and FRAM.
Founded in 2000, Karavel-Promovacances is France’s leading online tourism group with more than 7 million unique visitors across all of its platforms. The Group owns
Timothy Graf, head of macro strategy for EMEA at State Street Global Markets; Antoine Lesné, head of EMEA strategy and research for SPDR ETFs; and Elliot Hentov, head of policy and research – official institutions for EMEA at State Street Global Advisors, offer their views on the Italian general election results…
Graf says: “After 2017 ultimately proved benign for Eurozone political risk, the unexpected strong performance of the Five Star Movement (M5S) brings these threats very much back to the forefront. Though M5S officials have toned down anti-euro rhetoric in recent months, the euro-scepticism within the bloc could ultimately re-introduce
Kuwait-based Global Investment House (Global) has entered into an asset management agreement with a regional group to manage a portfolio worth USD90 million by its Special Situations Asset Management team.
Global is mandated to manage the diversified portfolio for wind-down while promoting value enhancement initiatives to attain the ultimate objective of maximising realisation proceeds over the course of the mandate.
Abdul Hamid Mihrez (pictured), CFA, Executive Vice President, Special Situations Asset Management, says: “We are excited to engage our new mandate since we began offering this service in 2013. The mandate marks the team’s continued efforts to grow this
Private equity house Endless has sold two of the remaining four divisions of its Brabant Alucast International (BAI) investment to NASDAQ-listed business, Shiloh Indistries Inc for EUR52.9 million. This follows the earlier sale by Endless of the BAI business in the Czech Republic in late 2016 to an MBO team.
BAI is a specialist in the design, development and production of aluminium and magnesium components for the automotive industry.
In its first Fund IV deal headquartered outside the UK, Endless acquired the heavily loss-making BAI and its five operating sites in the Netherlands, Italy, Germany and the Czech Republic in
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
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12 November, 2026 – 8:00 am
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