Lux Global Label Company, a newly formed holding company backed by private equity firm Resilience Capital Partners, has purchased certain assets from National Label. As part of the transaction, Resilience will commit significant financial capital to the new company. Resilience has assembled a team of industry veterans to strengthen the new company’s operations and industry stature.   In connection with the agreement, Resilience has partnered with LBC Credit Partners, a provider of middle-market financing solutions, and The Kennedy Group, a supplier of labelling, packaging and identification solutions.   “The financial and operating investments that Resilience Capital Partners is making will

HIG Capital’s portfolio company Cerca Trova Restaurant Concepts, formerly known as T-Bird Restaurant Group, has acquired 45 corporate-owned Outback Steakhouse restaurants from its franchisor, Bloomin’ Brands. The acquisition includes all stores in Arizona, Colorado, Nevada and New Mexico.   Headquartered in San Diego, California, Cerca Trova is now the exclusive franchisee of Outback Steakhouse in Arizona, California, Colorado, Nevada and New Mexico, and remains the largest domestic franchisee of Bloomin’ Brands, operating over 100 Outback locations across the western region (approximately 15 per cent of all the Outback locations in the US).   “We are excited to extend our presence

ICSH Parent, the parent company of Industrial Container Services, has been acquired by funds advised by private investment firm Centerbridge Partners, from affiliates of Aurora Capital Group. With 49 facilities across the US and Canada, ICS collects, reconditions and distributes over 10 million steel, poly and intermediate bulk containers annually.   It is the only company capable of offering comprehensive services, including pickup and reconditioning of containers of all major packaging types, new container manufacturing and distribution, to customers nationally.   "We are excited to partner with Centerbridge," says Charles Veniez, chief executive officer and president of ICS. "Going forward,

CVC Capital Partners’ CVC Fund VI has agreed to acquire an 80 per cent stake in Breitling, a family-owned manufacturer of Swiss luxury watches. Financial terms of the transaction have not been disclosed.   As part of the transaction, Théodore Schneider will re-invest for a 20 per cent shareholding in Breitling.   Founded in 1884, Breitling specialises in the development and manufacture of high-performance watches. The employs approximately 900 people and is headquartered in Grenchen, Switzerland. The company operates two manufacturing facilities, one in Grenchen and one in La Chaux-de-Fonds. Breitling watches are sold worldwide in exclusive boutiques and via

Sycamore Partners has acquired NBG Home, a global designer, manufacturer and marketer of affordable home décor products, from Kohlberg & Company. NBG offers home décor products, including ready-made and custom framing, lighting, accent furniture, wall décor, and soft goods under a portfolio of leading brands.   The company serves a wide variety of retail clients, including mass merchants, specialty stores, discount stores, home centres, warehouse clubs, and internet retailers.   "The NBG management team has built the market leader in affordable home décor through a relentless focus on serving their retail partners and end consumers," says Peter Morrow, managing director

IK Investment Partners’ IK VIII Fund has reached an agreement with Eurazeo PME and the management team to acquire a majority stake in Colisée Group, a specialist in the elderly care segment in France. The management team as well as the founder will reinvest alongside IK.   Financial terms of the transaction are not disclosed and completion of the transaction is subject to regulatory approvals.   Colisée is a provider of nursing home and homecare services. With more than 90 nursing home facilities and 70 home care services agencies, the group has developed a geographical footprint across France, Italy, Spain,