Managers
Law firm CMS has expanded its presence in Latin America with Carey & Allende (Chile), GRAU Abogados (Peru) and Rodríguez Azuero Contexto Legal Abogados (Colombia) all now part of the company.
The firm has been active in the region for a number of years, with well-established offices in Brazil and Mexico.
CMS now has 65 offices in 38 countries and more than 880 partners and 6,000 total staff. The new firms will trade as CMS under the names CMS Carey & Allende, CMS Grau and CMS Rodríguez Azuero Contexto Legal Abogados.
As a result of this expansion, CMS
Palamon Capital Partners has acquired a majority stake in Happy Socks, an international brand of design socks.
The transaction values Happy Socks at SEK725 million, with SEK40 million of growth capital being injected to support the continued expansion of the business, leading to a SEK 765 million post-money enterprise value.
Founded in 2008 in Sweden by Mikael Söderlindh and Victor Tell, the dompany’s mission is to spread happiness by turning an everyday essential into a colourful design piece with a high standard of quality, craftsmanship and creativity. Happy Socks is a globally recognised brand sold in more than 90 countries
Greenstone Finance and Aurium Capital Markets have acquired the business and assets of the Green Deal Finance Company (GDFC), as well as its existing loan book, for a total consideration of GBP40 million.
The acquisition is being supported by Honeycomb Investment Trust (HIT) which is managed by Pollen Street Capital.
Greenstone Finance, which invests in organisations focused on financing in renewable energy and energy efficiency, and Aurium, a structured finance boutique with a focus on renewable energy, have acquired GDFC Services and its subsidiaries with immediate effect; the new ownership will continue to service the existing Green Deal loans
Clearwater International has advised LDC-backed UK holiday park operator Away Resorts, raising a significant debt facility to support its acquisition of Sandy Balls Holiday Village in the New Forest, forming a group with six sites valued in excess of GBP100 million.
Sandy Balls is a five-star holiday village in the New Forest National Park and offers accommodation including luxury woodland lodges, static holiday homes, camping pods and safari tents, as well as fully serviced touring pitches.
The purchase of Sandy Balls is the second acquisition Away Resorts has made since mid-market private equity firm LDC backed the secondary buyout
An affiliate of New Water Capital Partners, a Boca Raton-based private equity investment firm focused on lower-middle market companies, has recapitalised KL Outdoor, a US-based manufacturer, designer, and marketer of branded outdoor lifestyle/recreational and outdoor events products.
The company’s product lines include kayaks, stand-up paddle boards, canoes, paddle boats, hunting blinds, sleds and portable restrooms as well as related accessories.
KL Outdoor goes to market under several brands including Sun Dolphin, Evoke, Extent and Third Coast (all related to the company’s watersports segment), Terrain (outdoor hunting products) and Five Peaks (portable restroom products).
Headquartered in Muskegon, Michigan, KL
CreditEase Wealth Management has held the first closing of its second fund, CEIIF II, which has raised USD32.2 million since its launch one month ago towards a target capital commitment of USD50 million.
The fundraising follows the CreditEase Israel Innovation Fund I, which closed in October 2015 after raising USD30 million.
“Reaching the first close for CEIIF II within the first month has given us renewed confidence that Israeli technology and the investment opportunities it brings continue to be a sweet spot for Chinese high-net-worth individuals,” says Richard Williamson, head of offshore business at CreditEase Wealth Management.
“CreditEase
Central and South Eastern Europe-focused private equity firm Mid Europa Partners is to sell its investment in Invitel Group to CEE Equity Partners, the investment adviser to the China CEE Investment Co-operation Fund.
The transaction is subject to customary closing conditions, including competition clearance, and is expected to complete in the first quarter of 2017.
Invitel is the second-largest incumbent fixed line telecommunications and broadband Internet services provider with more than one million homes passed in Hungary, serving both residential and corporate customers.
David Blunck, the CEO of Invitel, says: "Under Mid Europa’s leadership we have strengthened Invitel’s
IK Investment Partners’ IK 2007 Fund is to sell Colosseum Smile Group, a provider of private dental care in Scandinavia, to Jacobs Holding AG (JAG).
Financial terms of the transaction have not been disclosed.
Colosseum Smile Group was acquired by IK in 2010 and has since then accelerated its growth and consolidation of the Scandinavian dentistry market.
Colosseum Smile has 52 clinics in Norway, Sweden and Denmark, offering a range of services from basic dental care to specialist surgery.
“Together with our employees and supported by IK, we have successfully developed Colosseum Smile from two smaller dentist
Prudential Capital Partners has completed the fund raising for its fifth mezzanine fund, Prudential Capital Partners V, surpassing its target of USD1.4 billion.
Prudential Capital Partners is the middle-market mezzanine fund business sponsored by Prudential Capital Group, the USD78 billion private placement arm of PGIM, Prudential Financial’s global investment management business.
Fund V attracted a diverse set of institutional investors and closed fund raising with 34 investor relationships in reaching its hard cap. More than 70 per cent of existing investors re-committed to Fund V, many at higher amounts that brought the capital raise from existing investors to 96
Alternative credit investment firm Crescent Capital Group has held the final close of Crescent Mezzanine Partners VII with commitments of over USD4.6 billion, surpassing the fundraising target of USD3 billion.
Fund VII’s limited partners include a diverse mix of global investors from more than 20 countries including sovereign wealth funds, pension funds, insurance companies, financial institutions, foundations and endowments.
The closing represents the largest mezzanine offering in Crescent Mezzanine’s history. Thus far, Fund VII has deployed or committed approximately USD900 million across nine transactions.
“This fundraise is a significant milestone for our firm and speaks to the strength
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
