Latest News
Altor Fund II has signed an agreement to sell a majority stake in Helly Hansen Group to Ontario Teachers’ Pension Plan Board (OTPP) and will retain 25 per cent ownership.
Headquartered in Norway, Helly Hansen designs, develops and markets high performance technical apparel.
Helly Hansen currently operates three divisions: sport wholesale, sport retail and workwear. In 2011 the company had revenues of NOK1,576m.
Since Altor’s acquisition in 2006 Helly Hansen has improved profitability from loss making to industry leading margins. The company has expanded its geographic footprint and developed new product categories, leading to double digit growth in recent
Darden Restaurants has agreed to acquire Yard House USA for USD585m in an all-cash transaction from private equity firm TSG Consumer Partners, management and investors.
The total transaction price of USD585m includes approximately USD30m of cash tax benefits that are expected to be realised by Darden in fiscal 2013 and fiscal 2014.
The brand will become part of Darden’s Specialty Restaurant Group, which includes The Capital Grille, Bahama Breeze, Seasons 52 and Eddie V’s. Including acquisition-related costs of approximately seven to ten cents per share, offset partially by Yard House’s earnings from operations, the transaction is expected to be dilutive
JP Morgan Worldwide Securities Services (WSS) has launched its tax calculation reporting service for UCITS funds distributed into the UK the firm announced this week.
Subitec, a manufacturer of fully automated algae photobioreactors, has closed a second round of financing totalling EUR4.5m.
The Cleantech-Fonds of eCAPITAL entrepreneurial Partners, Fraunhofer Venture, High-Tech Gründerfonds (HTGF) [High-Tech Start-Up Fund] and KfWBankengruppe’s ERP-Startfonds [ERP Start Fund] participated in the capital increase.
The raised capital is to be used mainly for launching bioreactors on the international market and to extend technological leadership.
“Compared to other energy crops such as maize or wheat, algae are considerably more efficient in creating biomass. To exploit this potential, Subitec has developed highly efficient algae photobioreactors which permit the propagation of algae and the creation
Gresham-backed James Grant Group, a provider of management and professional services to the media, music and sports sectors, has acquired Industry Media, a business affairs consultancy for the television industry.
This is the ninth acquisition completed by JGG since Gresham backed its management buyout in August 2009.
Industry Media, founded by Simon Vyvyan in 2004 and based in London and Winchester, provides a proactive business affairs service to independent television production companies. It further complements JGG’s existing proposition which includes talent management, brand consultancy, public relations, digital, intellectual property development and exploitation, live events, literary representation, media and sports
The Aureos Latin America Fund (ALAF) has acquired a significant stake in the Peruvian restaurant business, Acurio Restaurantes.
This investment is ALAF’s 12th investment in Latin America and its third in Peru.
ALAF is managed by a subsidiary of Aureos Capital, a small and mid-cap private equity fund manager specialising in global growth markets.
Acurio Restaurantes operates a range of restaurants in the Peruvian cuisine segment of the market. Since its establishment in 1994, the group has launched 32 casual and fine-dining restaurants around the world, with 19 in major cities outside of Peru, including New York, San Francisco,
Francisco Partners, a technology-focused private equity firm, has completed the acquisition of Kewill, a trade and logistics software provider.
This deal represents Francisco Partners’ sixth take-private transaction in Europe since the beginning of 2009.
“We see a significant opportunity for Kewill as long-term growth and increasing complexity in the trade and transportation of goods drives the need for comprehensive software solutions,” says Deep Shah (pictured), a partner for Francisco Partners. “Kewill has a robust product portfolio and an impressive client list of 7,000 customers around the world, including some of the world’s leading multinational companies such as Bayer, Black &
Andrew Page, a distributor of automotive parts to UK garages, servicing centres and retailers, has acquired Camberley Auto Factors for an undisclosed consideration.
Phoenix Equity Partners, a UK middle-market private equity firm and the majority shareholder in Andrew Page, has invested additional capital to fund the acquisition and to further accelerate AP’s growth.
Phoenix initially invested in Andrew Page in March 2010 in a transaction which valued the business at c. GBP100m. AP has grown strongly since Phoenix’s initial investment. In March 2010 the business operated from 45 regional sites and employed approximately 1,100 staff. Following the acquisition of
The HFRI Emerging Markets: Asia ex-Japan Index gained 0.75 per cent in June, compared to an anemic 0.05 per cent return for the broader industry, according to He
Avolon, an aircraft leasing company, has committed to purchase 30 new narrowbody Boeing aircraft, bringing Avolon’s committed fleet to 135 aircraft.
Avolon has committed to purchase 10 737 MAX 8s and 5 737 MAX 9s, as well as 10 Next-Generation 737-800s with reconfirmation rights for 5 737 MAX airplanes.
The commitment has a list-price value of USD2.3bn.
Avolon invests exclusively in modern fuel-efficient aircraft which demonstrate the strongest long-term value retention characteristics. Avolon currently has a committed fleet of 135 aircraft and the youngest large lessor fleet in the world.
Avolon is owned by international investors: Government of Singapore
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
