Managers
Israeli high-tech companies closed 104 deals, totalling USD10 billion in exits, during 2016, according to the latest IVC-Meitar Exits Report. The figure includes 93 M&A deals with a total value of nearly USD8.8 billion including the USD4.4 billion Playtika acquisition.
Eight additional buyouts generated USD1.22 billion while three small IPOs garnered USD15.1 million.
The acquisition of Playtika by Chinese online gaming company Giant Interactive Group, for USD4.4 billion, was the largest deal of the year. According to the report’s editors, since it accounted for about 50 per cent of total M&A, and skews the data, it has been omitted from
French onshore wind specialist ENGIE has strengthened its partnership with Crédit Agricole Assurances by absorbing the onshore wind portfolio of MAÏA EOLIS, acquired in May 2016, into the two groups’ joint venture FEIH.
Under the agreement, the wind farms operated by MAÏA EOLIS – representing total installed capacity of 267 MW – will be transferred to FEIH, the joint venture established by ENGIE and Crédit Agricole Assurances. Since its creation in 2013, the partnership has allowed ENGIE, which had installed wind power capacity of over 1,700 MW at the end of 2016, to reduce its net debt by around EUR400
Enstar Holdings has acquired Dana Companies (Dana Companies) from Dana Incorporated (Dana) for a total purchase price of USD91.5 million.
Dana is a world leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies for vehicles. Dana Companies holds liabilities associated with personal injury asbestos claims and environmental claims arising from its legacy manufacturing operations. Dana Companies’ assets include, among others, insurance rights related to coverage against these liabilities and marketable securities.
Enstar financed the transaction through a drawing under its revolving credit facility.
Dominic Silvester, Enstar’s Chief Executive Officer, says: “The Dana Companies acquisition complements our
Platinum Equity has completed the acquisition of the Foam Plastic Solutions (FPS) and Flow Control Devices (FCD) businesses of Broadway Industrial Group Limited.
FPS is a leading supplier of protective packaging, insulation and component products to the consumer electronics, automotive, medical and other end-markets. FCD supplies high-performance parts such as valves, fittings, sensors, and related components used in diverse end-applications.
Platinum Equity is a Los Angeles-based global private equity firm focused on acquiring businesses that can benefit from the firm's operational expertise. The acquisition was led by Platinum Equity's Singapore office.
Jacob Kotzubei, the partner in Platinum Equity's Los Angeles
Eolus North America has signed an agreement to acquire a 60 per cent membership interest in Wind Wall Development, from ZCF Wind Wall.
The company has also placed an order with Vestas securing wind turbine components sufficient to secure the ability to capture the full value of the PTC for the first 40 MW of its project pipeline.
Eolus North America, a wholly owned subsidiary of Eolus Vind AB (publ) Sweden, is pleased to announce that it has joined forces with ZCF Wind Wall LLC in a joint venture to develop and construct a wind farm near Tehachapi, CA. The joint
Air Liquide has completed the sale of Aqua Lung, a specialist in personal aquatic equipment for recreational and professional use, to European private equity firm Montagu Private Equity.
Montagu will support Aqua Lung’s next phase of growth and enable the company to deliver on its strategy.
Air Liquide is focused on its Gas & Services activities following the Group’s acquisition of Airgas, as well as on the implementation of its company program NEOS for the 2016-2020 period.
The terms of the transaction have not been disclosed.
Puji Capital and Galaxy Holdings have formed a joint venture to create a new economic and business region in Shenzhen to bridge and innovate cross-border business between China and the West through investment and business support.
The new joint venture platform is aiming to spark innovation and encourage cross-border business cooperation and investment by providing both direct investments as well as the professional services for global companies expanding in China and other key, high-growth markets in Asia.
The joint venture platform will target and invest into more than 10 small to medium sized Western growth companies in each of the
Rent the Runway, the fashion company that allows millions of women to rent designer apparel and accessories, both on-demand and through its subscription service Unlimited, has secured a USD60 million round of funding led by Fidelity Management and Research Company, with participation from existing investors Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners, and Advance Publications.
Total investment in the company now stands at USD190 million. This new round of funding will be used to accelerate the company's growth as it continues scaling its a la carte and subscription rental products, retail stores and operational capacity.
"We are coming
Finnish private equity group Intera Partners has closed its latest fund, Intera Fund III with capital commitments of EUR250 million.
Intera Partners had strong support from its existing investors and a select number of new investors to reach the Fund’s target size of EUR250 million. The Fund received commitments from a well-balanced mix of leading European institutions, including pension funds, fund of funds and family offices.
Tuomas Lang, Chairman of Intera Partners, says: “We are excited by the positive response that the Fund has received and are very grateful for the support and trust we have been granted by our
Gladstone Investment Corporation has sold its equity interest and pre-payed its debt investment in Behrens Manufacturing (Behrens) to private equity firm, Mill City Capital.
As a result of this transaction, Gladstone Investment realised a significant capital gain on its equity investment.
Behrens, headquartered in Winona, MN, is the leading manufacturer of branded metal containers used in a diverse, growing array of consumer and professional applications.
"Since its inception, Gladstone Investment has exited nine of its management supported buyouts and realised significant capital gains on the equity portion of these investments. The realisation of these capital gains continue to validate Gladstone
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
