Managers
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,
A consortium comprising the Russian Direct Investment Fund (RDIF), Singapore’s Changi Airports International (CAI) and Russia’s Basic Element is to acquire Vladivostok International Airport in Russia’s Far East from Sheremetyevo International Airport.
Upon regulatory and corporate approvals, the consortium will own 100 per cent of JSC Terminal Vladivostok which owns and operates the airport terminal building, and 52.16 per cent of JSC International Airport Vladivostok which holds the airport license.
RDIF, CAI and Basic Element each hold an equal interest of 33.3 per cent.
Kirill Dmitriev, CEO of the RDIF, says: “We have been working diligently and have
Global law firm Dechert has advised Mid Europa Partners on its acquisition of Profi Rom Food, the largest supermarket chain in Romania, from Polish Enterprise Fund VI.
This is the largest deal ever completed by a private equity fund in Romania and the largest retail deal in the country’s history.
Profi is a modern retail network with the widest geographical spread in Romania. It operates from almost 500 stores and had sales of EUR800 million in 2016.
Profi is one of the top employers in Romania with nearly 11,000 employees.
The Dechert team, co-led by John
The online investment platform, SyndicateRoom, which allows individuals to invest alongside the professionals, has published its study ‘Rise of the Growth Hunters’.
Seed-stage investment company ZEAL Investments has partnered with MassChallenge UK, a start-up accelerator.
The partnership gives ZEAL Investments the opportunity to plug itself into the vast array of start-up companies involved in MassChallenge’s accelerator programme.
James Oakes, director of ZEAL Investments, says: “With only 5 per cent of the USD250 billion lottery market currently played online, there is a huge opportunity for the industry to fully digitise and become a relevant part of peoples’ online and mobile lives.”
Christine Thoma, head of strategy at ZEAL Investments, added: “Our partnership with MassChallenge UK will help us to identify start-ups
Demeter Partners and Emertec Gestion are to merge, creating a European private equity player dedicated to the energy transition, environmental and innovative materials sectors.
The firm will have EUR800 million assets under management and 120 companies financed in 10 years.
Stéphane Villecroze, managing partner of Demeter Partners, says: “We are pleased to carry out this transaction with the help of Emertec Gestion’s institutional shareholders (BPI France, CEA Investissement, Caisse d’Epargne Rhône Alpes). The common values, the mutual trust and the complementary skills of the teams of Demeter and Emertec are key advantages. We are convinced that together we will
Venture capital firm Draper Esprit has acquired a 30.77 per cent stake in Elderstreet Holdings, the holding company of Elderstreet Investments, with an option to acquire the balance of the Elderstreet shares in due course.
Elderstreet is a UK venture capital trust (VCT) manager. It manages Elderstreet VCT which currently has assets in excess of GBP25 million.
Elderstreet provides early stage, development and growth capital for ambitious UK businesses, in most industry sectors with a focus on software and computer services. In 2014, it won the Investment Company of the Year Awards and was VCT Fund Manager of the
Patricia Moore, (pictured) UK Head of Infrastructure for Turner & Townsend, has commented on the infrastructure points raised in the Autumn statement.
“Infrastructure is clearly still a priority, with Philip Hammond reaffirming that it’s a powerful way of driving broad-based economic growth. We were never expecting a blank cheque, given the huge pressures of Britain’s debt, but to have an outline of funding for specific projects together with the establishment of a working assumption of 1-1.2 per cent GDP for investment planning is a positive move to provide the longer term certainty that our industry craves.
“The successive greenlights for
Zarvic Brothers has launched the Vero Fund which is aimed at providing investors with broad exposure to a portfolio of alternative private equity investments managed by experienced partners, such as commercial real estate and merger arbitrage strategies.
The new Vero Fund is based on the same Zarvic strategy which has produced an annualised return of 36 per cent on recent years.
The fund’s strategy seeks the long-term capital appreciation associated with private equity with a lower risk profile.
To date, liquidity and other structural and regulatory challenges have made it more difficult for individuals to gain exposure to
Private equity firm Wellspring Capital Management has completed its acquisition of Hoffmaster Group, a North American manufacturer of disposable tableware, from Metalmark Capital.
Financial terms of the deal have not been disclosed.
“We would like to thank the Metalmark team for its dedicated support over the past five years,” says Rory Leyden, chief executive officer of Hoffmaster. “Metalmark’s expertise and strategic counsel have been integral to our success as a market-leading North American designer, manufacturer and supplier of decorated, premium disposable tableware. Looking forward, we are excited to welcome our new partnership with Wellspring as we begin to collaborate
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
