Managers
Noerr has advised the financing bank consortium on the acquisition of a majority stake in Betten Duscher by the investment company Odewald KMU.
DZ Bank, Bremer Kreditbank and BHF-Bank belong to the consortium.
Odenwald has acquired the company within the scope of a succession arrangement regarding the new fund Odewald KMU II.
The vendors are the shareholders of Betten Duscher, a manufacturer of bed linen and household textiles from Roding in Bavaria. The shareholders remain linked to the company via a management participation and a continuing interest.
With respect to the transaction financing, the banks relied on
Pemberton, which is 40 per cent owned by Legal & General Capital (LGC), has completed the final close of its inaugural European Mid-Market Debt Fund with EUR1.2 billion of commitments.
Paul Stanworth (pictured), managing director of Legal & General Capital, says: “Reaching well over EUR1 billion of commitments from institutions across the globe is a fantastic achievement by the Pemberton team. With such significant amounts of capital raised and more to come through the dedicated UK fund, Pemberton is building with Legal & General Capital’s support a substantial platform from which to boost lending to businesses, domestically and across Europe,
CF Holding (CFH), a portfolio company of Alpina Partners, has acquired the operations of CrossLink Faserverbundtechnik as part of an asset deal.
CrossLink is an engineering and manufacturing business based in Cadolzburg near Nuremberg, Germany.
The company engages in the design, development and production of lightweight composite components.
Its customer base covers various industries, including medical technology, mechanical engineering, automotive as well as security and safety.
CFH is an industrial holding company focusing on the acquisition and development of medium-sized technology companies. In addition to CrossLink, CFH holds a majority stake in UBC, a company in the
Gemspring Capital, a Connecticut-based private equity firm specialising in lower middle market companies, has held the final closing of its debut fund, Gemspring Capital Fund I, with USD350 million of capital commitments.
The fund was oversubscribed and closed at its hard cap in less than three months after the official launch in August.
Gemspring secured commitments from a globally diversified investor base comprised of leading endowments, foundations, family offices, gatekeepers, pension plans and fund of funds.
“We could not be more pleased with the support and quality of our investors and the efficiency of the fundraising process,” says
Online investment service Wealthify has exceeded its target to raise GBP1 million through crowdfunding, with a week to spare in its campaign.
Over 650 people invested in Wealthify through crowdfunding platform Seedrs, and now share 9.3 per cent equity in the business.
Typical investment sums were between GBP14 and GBP10,000, with investors from the UK and across Europe, including Estonia, Greece, Czech Republic and Norway.
Wealthify plans to use the capital raised to support the next stage of its customer acquisition and growth strategy: creating national brand awareness, introducing new sales channels and extending products and services to
Law firm Paul Hastings has represented Dick Clark Productions, a televised live event entertainment programming company, on its sale Dalian Wanda Group for approximately USD1 billion.
The transaction marks Dalian Wanda’s first move into the television business.
Dick Clark Productions was launched in 1957 and produces the Golden Globes, the American Music Awards, the Billboard Music Awards, Dick Clark’s Rockin’ New Year’s Eve as well as other top award shows.
Paul Hastings’ global M&A lawyers regularly advise on complex, cross-border transactions in the technology, media, entertainment and telecoms (TMET) industries.
Recent transactions include representing China Media Capital
JLM Financial Partners and Eagle Merchant Partners have created the largest Planet Fitness franchisee, United PF Partners, with 59 operating clubs in nine states.
The joint-venture partnership is aiming to capitalise on the USD30 billion fitness club industry, in which health club memberships increased from 41.3 million in 2005 to 54.1 million in 2014, or 17 per cent penetration of the US population.
Planet Fitness, home of the Judgement Free Zone, with more than 1,200 clubs and over 8.7 million members, targets the remaining 83 per cent of the population by focusing on customer experience and value.
The equity investments from
IK Investment Partners is to sell Axtone Group, a manufacturer of components for railway industry, to ITT, a US manufacturer of components and technology solutions for the energy, transportation and industrial markets.
Financial terms of the transaction have not been disclosed.
Axtone is a European manufacturer of buffers, draw-gear devices, railway springs as well as other shock absorption and safety components for rail and metro vehicles and rail infrastructure. With over 200 product certificates and customers across the globe, the company’s solutions fulfil the requirements of European, UIC, Russian GOST and Chinese TB/T technical standards.
Axtone is headquartered
IBID Group, an investment firm focused on buying and investing in internet based companies with high growth potential, has acquired Dalberry, an all-in-one technology provider for secure online payments.
Dalberry launched last year with a mission to fix the broken journey for merchants frustrated with existing clumsy and bureaucratic systems.
Dalberry generates real time actionable management data and includes ongoing training and support for merchants.
Its team of specialists come from online merchants and from the global payments industry. Its platform has already won the support of banks and merchants during its soft launch.
IBID will help
Tikehau IM, a European asset manager, has arranged a EUR30 million add-on to the existing senior facilities provided by Goldman Sachs Specialty Lending Group (GSSLG) for Oasis Group.
The add-on will be used by Oasis Group to finance its external growth strategy, mostly focused on Western Europe.
Founded in 1999, Oasis is one of the fastest growing companies in the records and information management (RIM) industry. Based in Dublin, with offices in Belgium, the Netherlands, Republic of Ireland, Northern Ireland and Great Britain, and a team of 300 employees, Oasis offers a complete RIM service platform. Oasis serves 4,700
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
