Mackprang Holding, which is majority owned by German private equity firm Hannover Finanz, has sold its ownership stake in Schlemmer to 3i Group with Schlemmer’s management team also investing. 3i has agreed to invest EUR181 million in Schlemmer, a global leader in cable management solutions for the automotive industry. Baird served as the exclusive financial advisor to Hannover Finanz and Mackprang Holding on this transaction. Joachim Beickler and Sven Harmsen led the Baird team on this deal, which is still subject to customary regulatory approvals. Founded in 1954 and headquartered in Poing, close to Munich, Schlemmer develops and produces cable protection for

Arma Partners has acted as exclusive financial advisor to TeacherMatch, a portfolio company of Prairie Capital, on its sale to PeopleAdmin, a portfolio company of Vista Equity Partners. TeacherMatch provides cloud-based recruitment, screening, professional development and workforce planning solutions for K-12 school districts and offers the only data-driven, research-based and analytically predictive teacher assessment tool.   This transaction highlights Arma Partners’ continued expertise in HCM and Talent Management Software, the Ed-tech Sector and SaaS M&A and our exceptional track record of working with Private Equity-backed companies.  

Handelsbanken’s AB Handel och Industri subsidiary has sold all iof ts shares in Plastal Industri AB, the parent company of the Plastal Group. The purchaser is the Canadian Plasman Group.  With this transaction, Handelsbanken has recovered the total claims that were outstanding when the former Plastal Group went into bankruptcy. The transaction will have only a marginal effect on Handelsbanken’s profits and financial position.  “This is a good conclusion to Handelsbanken’s involvement in Plastal. The company  will be part of a strong industrial group where the company can continue to develop its business,” says Magnus Sternbrink, Chief Executive of AB

Inflexion has sold CP Electronics, the UK-based manufacturer of lighting control systems, to French industrial group, Legrand. Founded over 40 years ago, CP Electronics assists its blue chip customer base in reducing their operating costs and carbon footprint through an extensive range of energy saving controls. The company now employs in excess of 180 people and demonstrates an unrivalled commitment to innovation, quality and excellent customer service.   Inflexion invested in CP Electronics in January 2014 through its investment in Aspen Pumps. With a best-in-class product suite and international distribution network, the company had enjoyed rapid growth. Working alongside the

The Mosiewicz Family and Ambienta SGR are to sell SPIG to Babcock & Wilcox Enterprises. The transaction, which is subject to regulatory approvals, is expected to complete within the third quarter of 2016. Babcock & Wilcox, a US company founded in 1867 by Stephen Wilcox and George Babcock, is a global leader in energy and environmental technologies and services for the power and industrial markets. The company, based in Charlotte in North Carolina, employs approximately 5,700 people around the world. During its 150 year-long history the company has been a leading innovator introducing, among others, the world’s first installed utility

Mergers and acquisitiojns firm Woodbridge International has advised Germany-based GEPPERT-Band GmbH to Dorner Manufacturing Corporation. GEPPERT-Band, headquartered in Jülich, Germany, designs, manufactures and sells branded belt conveyors made from aluminum, steel and stainless steel for indoor applications. The Company’s conveyor belts are at work in hundreds of the world’s largest companies. Products are used in industries such as food processing and packaging, automotive, metal-working, chemical and pharmaceutical. Customers are primarily in Germany and in other European markets. Dorner is a leading Wisconsin-based designer and manufacturer of unit handling conveyor systems and component parts used in automation applications for industrial, packaging,

Aksìa and Quadrivio have sold their stake in Emmeci, a Florence-based specialist in the design, manufacturing and distribution of automatic machinery for packaging premium products for the cosmetic, electronic and fashion accessories industries. Emmeci was founded in 1974 by three entrepreneurs with long-dated experience, technical and commercial know-how in the field and since then it has continuously strengthened its market leadership. Emmeci generates 85 per cent of its turnover in more than 30 foreign countries through its subsidiaries in France and USA and distribution partnerships. Through this deal, Coesia – a EUR1.5 billion Italian group of advanced automated machinery and

Risk Capital Partners’ Luke Johnson believes private equity remains a ‘seller’s market’ with a ‘huge weight of money to be invested’. The entrepreneur, one of Britain’s leading businessmen, spoke in front of an audience of nearly 500 at the Guernsey Funds Forum in London last week [12 May]. “The current climate, unlike quite a few asset classes, which I think are struggling perhaps, is still probably more of a seller’s than a buyer’s market for the right type of asset that would appeal to private equity buyers. There is a huge weight of money to be invested,” sais Johnson. He

Aurelius group, a pan-European, mid-market investor, has sold its stake in Tavex Europe to a Spanish consortium of investors.  The acquiring consortium will continue to support the restructuring measures implemented by Aurelius following its acquisition of Tavex Europe in 2015, as well as the company’s expansion. The financial terms of the transaction have not been disclosed.   Tavex Europe is headquartered in Bergara, Spain and develops, produces and distributes premium quality, sustainably developed denim fabric for major fashion brands in Europe. Aurelius acquired the Company in early 2015 and, following its successful carve-out from Brazilian corporate Grupo Tavex, established it