Avery Dennison is to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200 million including assumed debt.  With 2015 year-end run-rate revenues of EUR147 million, or approximately USD170 million, and approximately 470 employees, the business is a leading manufacturer of high quality pressure-sensitive materials, serving several high-value segments, including graphics, specialty labels and industrial tapes. Mactac’s core product lines complement Avery Dennison’s existing graphics portfolio. “The acquisition of Mactac Europe enhances our competitiveness in high-value graphics, where we have sustained above-average growth over the past few years,” says Dean

Nordic Capital Fund VII has sold its remaining shares in Thule Group AB (Thule). Following the sale, Nordic Capital Funds no longer hold any shares in Thule, after a nine-year holding period under which Thule has been transformed and developed into a consumer-oriented global leader in products for an active and mobile lifestyle. “It has been rewarding to follow and support Thule’s journey to the modern and international consumer company it is today. Through support during rough patches and a strategy that has involved both investing in new business areas and divesting others, Thule is now a strong, profitable and

Brazos Private Equity Partners, a Dallas-based private investment firm, has sold lifestyle apparel brand Southern Tide to Oxford Industries. Based in Greenville, South Carolina, Southern Tide aims to combine high-quality design with classic Southern style. The Company is widely known for its extensive selection of men’s shirts, pants, shorts, outerwear, ties, swimwear, footwear and accessories. Southern Tide recently launched a significant expansion in its women’s line, and now offers a complete women’s collection. Additionally, the Company’s products include a collegiate line featuring nearly 50 colleges and universities.  Tthe brand is available through the company’s website and at Nordstrom, Von Maur

HIG BioHealth Partners (HIG), the dedicated healthcare investment affiliate of private equity firm HIG Capital, has sold NeuWave Medical (NeuWave) to Ethicon, a medical device company of the Johnson & Johnson family of companies. NeuWave is a privately held medical device company that manufactures and markets minimally invasive soft tissue microwave ablation systems. Their products are currently used by physicians in leading cancer centers throughout North America. Financial terms of the transaction were not disclosed. Michael Wasserman, PhD, an HIG Managing Director and NeuWave board member, says: “Together with NeuWave’s talented management team, we successfully grew the company into a

Trowers & Hamlins' corporate team has advised the shareholders on the sale of cloud service provider Carrenza Limited to Six Degrees Technology Group Limited (6DG), for an undisclosed sum. Carrenza was an early promoter of enterprise cloud computing, launching the Carrenza Cloud in 2006, and provides Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) cloud services for hosting mission-critical applications and websites for public, private and third sector clients, including RBS, de Bijenkorf, Majestic Wine, WWF and Age UK. Carrenza also host OFFICIAL security certified G-Cloud services with a public sector client base which includes Government Digital

Investcorp has agreed the sale of CSIdentity (CSID) to Experian (EXPN), a global information services company, for an enterprise value of approximately USD360 million. The transaction is subject to standard regulatory approvals. Founded in 2006 and headquartered in Austin, Texas CSID is a market leading provider of enterprise level identity theft protection technology solutions to consumers, businesses, and government agencies. The Company’s solutions, provided on the basis of a recurring software-as-a-service (SaaS) business model, proactively detect credit and non-credit related identity theft, notify affected parties and help restore compromised identities. Through its technology fund, Investcorp Technology Partners III, Investcorp initially

Wynnchurch Capital and Comvest Partners announced have sold USP Holdings Inc to Forterra Building Products, a building products company based in Irving, Texas. Headquartered in Birmingham, Alabama, US Pipe is a leading manufacturer of a broad line of ductile iron pipe products, fittings and joint restraints for water distribution and water management applications. Founded in 1899, the Company has established its market leading position with a comprehensive product portfolio supported by superior quality, capabilities, innovation and service. US Pipe serves a diverse group of customers, including distributors, contractors and municipalities. “Wynnchurch and Comvest have been valued partners as we have