Managers
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalisation of Corbett Technology Solutions (CTSI) in partnership with its management team.
Headquartered in Chantilly, Virginia, CTSI is an integrator of high-impact communications solutions throughout the Mid-Atlantic region.
CTSI designs, installs, and maintains complex audio-visual, sound, safety, healthcare, and education communications technology solutions for clients across multiple end-markets, including corporate, government, healthcare, education, senior living, multi-family residential, and houses of worship.
KKR is to acquire Arle Capital Partners’ stake in Hilding Anders, subject to regulatory clearances.
Following the transaction, KKR will become the majority shareholder in Hilding Anders.
No financial have been disclosed and the transaction is subject to the customary regulatory approvals.
Founded in 1939, Hilding Anders is a bed manufacturer in Europe, Russia and Asia. The company has 9,500 employees at 23 sites across 19 countries, and sells products in 65 local markets, generating revenues of EUR917 million in 2015. KKR first supported Hilding Anders in 2013, when KKR Credit invested EUR350 million in the capital structure
LGT Capital Partners has raised in excess of USD2.5 billion for Crown Global Secondaries IV (CGS IV), its fourth dedicated secondary fund.
The fund is expected to be oversubscribed and hold its final closing at the hard cap of USD 2.8 billion in the coming months.
Tycho Sneyers, managing partner at LGT Capital Partners, says: “The CGS IV investor base so far consists of 89 institutions, including pension funds, endowments, insurers, sovereign wealth funds, family offices and financial institutions in Europe, the US, Canada, the Middle East, Asia, Australia and New Zealand. Our platform benefits from a large
KKR has closed two direct lending transactions which will provide financing for Roompot, an operator of holiday parks, and Exterion Media, an outdoor advertising company in the UK and Europe.
The two transactions will deliver over USD275 million in financing and add to the track record of KKR’s European direct lending platform which provides funding for medium-sized companies across Europe in need of customized funding solutions beyond traditional bank lending.
Since 2014, the platform has deployed more than USD1 billion across companies in the UK, Ireland, Germany, Spain, Portugal and the Benelux and sectors including industrials, consumer, retail and
CVC Credit Partners and the EQT Mid-Market Credit Fund’s European Private Debt businesses have jointly provided a GBP110 million unitranche facility to Paymentsense.
As Europe’s largest merchant services provider, Paymentsense specialises in providing fast, affordable and reliable card processing services to over 50,000 small and medium-sized businesses processing GBP5bn of transactions per annum.
Chris Fowler, managing director in CVC Credit Partners’ direct lending business, says: “UK businesses are constantly looking for alternative ways to financially support their growth plans, and now so more than ever. Paymentsense is a very exciting company, with a differentiated business model, an entrepreneurial management
YFM Equity Partners has sold its investment in GO Outdoors, the outdoor clothing and equipment retailer, to JD Sports Fashion in a GBP130 million deal.
The sale, together with the partial realisation in 2011, means that YFM has achieved close to 40x its original investment, with a GBP23 million total return.
When YFM originally invested alongside the founders Paul Caplan and John Graham, there was just one store in Sheffield generating GBP2 million in sales.
YFM helped GO Outdoors to professionalise the board and to manage its growth supporting the introduction of the membership store discount card and
Pan-European private equity firm IK Investment Partners has raised aggregate commitments totalling EUR1.85 billion for its eighth mid cap fund, the IK VIII Fund.
Fundraising commenced in March 2016, and has seen strong demand from both existing and new investors.
The fund exceeded its EUR1.6 billion target and secured commitments of EUR1.85 billion from an institutional investor base with a geographical spread across North America (37 per cent), Europe (52 per cent), Middle East (5 per cent) and Asia (2 per cent).
The fund will continue to execute the same strategy applied to previous IK funds, making majority
John Paul, a specialist in the concierge market, has joined AccorHotels in a transaction led by Cambon Partners.
John Paul was established in Paris in 2007 and merged with American company LesConcierges in 201.
John Paul has over 1,000 employees around the world who are available 24/7 to cater to their customers’ every request, from the simplest to the most extravagant, anywhere around the globe.
AccorHotels will leverage John Paul’s expertise to take the group’s strategy – placing customer satisfaction at the centre of its activity – to the next level, and to generate new revenue streams from
Gide has advised Rivadis Group, which specialises in cosmetics, on the sale to L'Oréal of the Société Thermes de Saint-Gervais-les-Bains, which operates the Saint-Gervais-les-Bains spa establishment as part of a public service delegation contract, and of its cosmetics and skincare production and commercialisation business, under the brand name Saint-Gervais Mont-Blanc.
For 20 years, the Rivadis Group has created and developed a range of cosmetics integrating thermal spring water.
This transaction is part of a corporate strategy to reposition the group and to concentrate its resources on the development of its own brands, Rivadouce, Auriège and Milton.
Gide’s team
Noerr is advising ISS Facility Holding Services, subsidiary of the listed Danish company ISS, on its acquisition of EVANTEC from Luxemburg private equity fund palero invest.
ISS was the successful bidder in a structured auction process.
ISS is relying on a Noerr team led by the Berlin corporate partner Christoph Spiering.
The ISS Group, a facility services provider with sales of EUR10.66 billion, is taking over a company specialising in facility management services in the German energy industry. With a workforce of some 800, the former E.ON subsidiary EVANTEC offers its customers, which include key power plant operators,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
