Brookfield Capital Partners III, the flagship private equity fund of Brookfield Asset Management, has acquired the Canadian logistics operations of Millard Refrigerated Services, launching a national cold storage company called Brookfield Cold Storage.   Through this acquisition, Brookfield Capital Partners is acquiring more than 16 million cubic feet of combined storage capacity in two state-of-the-art facilities in Toronto and Calgary that includes rapid freezing capability. It intends to grow the company using its existing national scale through acquisitions, organic growth as well as expanded service offerings. Terms of the transaction were not disclosed.   “We are pleased to have completed

HgCapital has sold ATC to Intertrust for an enterprise value of EUR303m.    This realisation represents an investment multiple of approximately 2.2x original cost and a gross IRR of 37 per cent over the two year investment period for HgCapital’s clients.   HgCapital completed its investment into Amsterdam-based ATC in March 2011. ATC had been independent since 1893 and HgCapital was the first external investor in the business. ATC provides fiduciary, management and administration services to multinational corporations, financial institutions and fund managers.  The fiduciary services segment was identified as a high growth and robust market by HgCapital’s services team over

Edmond de Rothschild Investment Partners’ Winch Capital 2 fund has taken a minority stake in MCI, joining existing investor Iris Capital, which invested in MCI in 2010, in backing the professional congress and conference organiser (PCO).   MCI has a strong presence in the pharmaceutical sector. Almost 100 senior executives and managers own shares.   The group’s management team (Roger Tondeur, Sébastien Tondeur, Jurriaen Sleijster and Robin Lokerman) aims to accelerate MCI’s international development by maintaining a strong acquisitions drive.   François-Xavier Mauron and Sophie Nordmann-Caetano, investment directors at Edmond de Rothschild Investment Partners, says: "We are delighted to help

Kölleda-based Funkwerk AG has sold its UK subsidiary, Funkwerk Information Technologies York, to the Trapeze Group of Canada.   Funkwerk Information Technologies York has until now been a wholly-owned subsidiary of Funkwerk Information Technologies, Kiel, which is in turn wholly owned by Funkwerk AG, headquartered in Kölleda.   An international team from CMS Hasche Sigle and CMS Cameron McKenna led by corporate law expert and lead partner Eckhart Braun advised Funkwerk AG on all aspects of the cross-border transaction.   Funkwerk York markets software solutions to customers worldwide for the planning, simulation and management of railway infrastructure for local and

Rutland Partners has completed the simultaneous acquisitions of AFI-Uplift in the UK, Access Rental Gulf in the Middle East and Hi-Reach in the UK, for a combined enterprise value of circa GBP85m.   AFI-Uplift (AFI), owned by its management team and Equistone, is a provider of powered access equipment rental with 3,700 machines operating from 18 depots across the UK. AFI also provides complementary services including the provision of safety related training and the resale of ex fleet and third party sourced machines.   Access Rental Gulf (ARG), based in the United Arab Emirates, is owned by its management team

SVG Capital has completed the sale of 50.1 per cent of SVG Advisers to Aberdeen Asset Management.   The combined business will be branded Aberdeen SVG and will be led by SVG Capital’s chief executive Lynn Fordham (pictured).   Aberdeen SVG brings together SVG Advisers’ and Aberdeen’s private equity teams’ experience and combines SVG Advisers’ expertise and track record with Aberdeen’s distribution platform, creating a private equity fund management business with assets under management or advice of GBP5.1bn.   The cash consideration of GBP17.5m, together with the fair value of the company’s investment in the combined business will be included

Funky Chunky, a Consolidated Investment Group (CIG) company, has acquired the assets of Gracious Gifts, the creators of FunkyChunky and its line of customised gifts and artisanal gourmet snack items.                                 “Funky Chunky will use the knowledge, vision, resources, and management expertise of Consolidated Investment Group to grow FunkyChunky into a successful national brand,” says David Merage, chief executive and principal, CIG.   Gracious Gifts was founded in 1994 in Minneapolis by entrepreneur and creative artist Ronni Feuer who developed FunkyChunky. Known for its high quality ingredients and hand-made approach, FunkyChunky Chocolate Caramel Popcorn quickly became a favourite gourmet snack.