Managers
Gide is acting as lead counsel to Renault on its recently announced partnership with Brilliance China Automotive Holdings Limited (CBA), which will enable Renault to enter the growing light commercial vehicle (LCV) market in China.
Under a binding framework cooperation agreement signed by the two companies on 5 July 2017 (FCA), Renault will acquire from CBA a 49 per cent stake in Shenyang Brilliance JinBei Automobile Co, Ltd, a top player in the LCV industry in China. The resulting joint venture company will manufacture and sell LCVs using Renault’s product and technological know-how.
Gide is advising Renault on the
NewStar Financial has agreed to acquire Fifth Street CLO Management (FSCM), a wholly-owned subsidiary of Fifth Street Holdings, for approximately USD16 million, net of USD13 million of assumed indebtedness and will be subject to adjustment up or down based on certain working capital items as of the closing of the transaction.
The acquisition will add approximately USD726 million to NewStar’s assets under management, increasing total pro forma AUM to approximately USD7.3 billion. The transaction is expected to close in the third quarter of 2017, subject to certain investor consents and other closing conditions set forth in the purchase agreement between Fifth
Locum’s Nest, a mobile first platform founded by doctors to address the way staffing shortages are dealt with in the NHS, has completed a GBP1.1m funding round led by Albion Capital, and Oman-based IDO Investments.
The investment will be used to expand Locum’s Nest nationally and add additional functionality to the service.
Locum’s Nest revolutionises the way locum doctors are managed by NHS trusts. The cost of agency locum doctors is one of the most controversial and draining holes in the NHS budget with expensive locum agencies reaping the rewards from a cash and staff-strapped NHS. The platform, founded
AT&T has committed to investing up to USD200 million in a venture capital fund as part of its ongoing effort to develop solutions to the toughest technology challenges.
AT&T will work with Coral’s Communications Industry Platform (CIP) team to identify and invest in start-up companies focused on connected services and platforms.
“This investment is part of our push to address the needs of global service providers,” says Andre Fuetsch, chief technology officer and president of AT&T Labs. “We look forward to collaborating with Coral and other CIP members to find – and even create – startup companies to build
Funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities are to acquire International Market Centers (IMC), an owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, and funds managed by Oaktree Capital Management.
Fireside Investments is also expected to partner with Blackstone in the acquisition. Financial terms of the transaction have not been disclosed.
International Market Centers operates 12.2 million square feet of exhibition space in High Point, NC and Las Vegas, NV.
“This marks an exciting time for International Market Centers,” says Robert Maricich,
Middle market private equity firm Dubin Clark & Company has held the closing of DCCP Fund II. The Fund was oversubscribed and exceeded its USD100 million target of total capital commitments.
Dubin Clark, with more than USD270 million under management, seeks to make control equity investments in US lower middle-market companies in the business services, niche manufacturing, and specialty rental sectors.
Dubin Clark will continue to leverage its reputation for successful partnerships with family-owned businesses, utilising its Principals’ expertise and network of operational advisors to professionalize and grow lower middle-market businesses. DCCP II successfully raised capital with a cross-section
ItalMatch Chemicals, a Global Specialty Chemical Group, with leadership in the production and marketing of performance additives for lubricants, industrial water & process treatment, oil & gas, and plastics, has acquired the French company Magpie Polymers, a startup that has developed an advanced and patented technology for selective filtration to recover precious metals.
This latest-generation technology captures metals, such as palladium, platinum, silver and gold, that would otherwise be lost.
The investment in such a highly innovative technology allows ItalMatch Chemicals to further consolidate its focus on industrial water & process treatment, thus expanding and refining the current production
KKR has sold Capsugel to Lonza for USD5.5 billion. As part of the sale, approximately USD35 million of proceeds were distributed to non-management level employees of the company, including all colleagues from the company’s thirteen manufacturing facilities around the world.
All Capsugel employees globally participated in the distribution of proceeds from the sale.
“Capsugel was a terrific outcome, not only in terms of the financial results for our fund investors, but also in the way we and the management team and all of the company’s employees partnered together to really drive a transformation of the company,” says Pete Stavros,
LDC-backed Fishawack Group of Companies, a specialist provider of scientific communications services to global pharmaceutical companies, has acquired the US-based Carling Group of Companies. The transaction value has not been disclosed.
The Group includes Carling Communications, a full-service healthcare marketing and communications agency, and MCME Global, the specialist provider of medical education services. Both businesses are headquartered in San Diego.
Founded in 2010 by Didi Discar, and with offices in San Diego and London, Carling has a team of more than 100 people specialising in full-service marketing, advertising and physician communications. It supports clients across the pharmaceutical, biotechnology and
Middle market private equity firm Stellex Capital Management (Stellex) has held the closing of its debut fund, Stellex Capital Partners (the Fund), with aggregate commitments of USD870 million, exceeding the Fund’s USD750 million target.
Stellex has a flexible investment strategy that executes deep value control-oriented middle market investments through structured private equity buyouts or purchases of secondary market debt. Stellex’s target investment size is USD25 million to USD100 million, with additional capacity as needed. Stellex primarily focuses on manufacturing and service businesses within sectors such as automotive, aerospace, building products, defense, industrial equipment, metal fabrication and transportation.
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Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
