Solutions
LBO France is to sell its stake in Flash Europe to the company’s management team, headed by Philippe Higelin, and Eurazeo PME.
The sale is expected to be finalised in late September, subject to approval by the competent authorities. Siparex, minority shareholder of Flash Europe, also committed to sell its stake during the process.
Flash Europe is Europe’s leading express transport company and operates in more than 18 countries. In 2014 it generated revenue of EUR153 million, up from just under EUR100 million in 2010 when LBO France became a shareholder. The company has developed a digital transport forecasting
A recommendation by the European Securities and Markets Authority (ESMA) to grant Guernsey a ‘third country’ passport under the Alternative Investment Fund Managers Directive (AIFMD) has been welcomed by Guernsey’s funds sector.
In announcing its findings from the ‘Call for Evidence – AIFMD passport and third country AIFMs’ consultation ESMA confirmed that Guernsey had demonstrated the ability to satisfy the criteria required under AIFMD. Of the six jurisdictions assessed, ESMA concluded that “no obstacles exist to the extension of the passport to Guernsey and Jersey, while Switzerland will remove any remaining obstacles with the enactment of pending legislation. No definitive
DLA Piper has advised a syndicate of mezzanine lenders made up of credit affiliates of Ardian GoldenTree Asset Management, KKR Creditor Advisors (US), Babson Capital Management, Alpinvest Partners, Idinvest Partners and Ares Management on their debt for equity restructuring, which has resulted in the group of mezzanine lenders writing off their mezzanine debt for a controlling stake in the equity of the Maxeda DIY Group.
The Maxeda DIY Group is a market leading DIY retailer that operates 376 stores across the Benelux region with nearly 7,000 employees. Prior to the debt restructuring the Group's sponsor group included KKR, Primera and
Private equity firm Arle Capital Partners (Arle) has agreed to sell Fokker Technologies BV (Fokker) to GKN plc (GKN) for an enterprise value of EUR706 million.
Fokker specialises in the design, development and production of lightweight aero structures, electrical wiring interconnection systems and landing gear. It also provides maintenance, modification and logistics services to aircraft owners and operators.
Fokker is a specialist Tier 1 supplier to the commercial, military and business jet markets. With almost 5,000 employees, Fokker is headquartered in the Netherlands and has operations in Europe, North America and Asia. In the year ended 31
Marwyn Value Investors (MVI) has entered into a conditional placing letter to subscribe for a further GBP55.0 million of new ordinary shares in Zegona Communications as part of the placing of new ordinary shares to fund the proposed acquisition of Telecable Capital Holdingand its subsidiaries.
This would increase the MVI Master Fund’s total investment in Zegona to GBP67.0 million (including its initial investment in Zegona in March 2015). The aggregate value of the investment attributable to the Company, including the initial investment in Zegona in March 2015, represents approximately 28.4 per cent of MVI’s NAV (as at 17 July 2015,
Private equity firm Swander Pace Capital is, is selling Merrick Pet Care, a natural and organic pet food leader, to Nestlé Purina PetCare. Terms of the deal have not been disclosed.
Other selling shareholders include founder Garth Merrick, Monitor Clipper Partners, and Highland Consumer Partners.
Since Swander Pace acquired the company in 2010, Merrick has grown into a flagship brand in the natural and organic pet food category, with three leading brands, Merrick, Castor & Pollux and Whole Earth Farms, which are sold through specialty pet, natural grocery, and mass channels. The sale marks Swander Pace Capital’s second major exit
Private equity firm GTCR has signed a definitive agreement to sell AssuredPartners to Apax Partners.
Founded in 2011, AssuredPartners is the 6th largest independent P&C insurance brokerage in the nation with offices in over 30 states, the District of Columbia and London. Through Assured’s network of agencies, the Company provides property and casualty and employee benefits insurance brokerage services to commercial enterprises and individuals.
In executing the Leaders Strategy, GTCR partnered with long-time insurance brokerage industry leaders Jim Henderson and Tom Riley to form AssuredPartners in 2011. Mssrs Henderson and Riley had over 50 years of combined experience in
Venable has co-advised, with Canadian business firm McMillan LLP, client PlentyOfFish Media, Inc on its sale to the Match Group, a subsidiary of IAC, for USD575 million in cash.
The parties have entered into a definitive acquisition agreement and expect to close the transaction early in the fourth quarter.
PlentyOfFish, the Vancouver based online dating site, was founded in 2003 by CEO Markus Frind, and now has over 100 million registered users and over 4 million active daily users.
The transaction is subject to the receipt of the approval from the Minister of Industry pursuant to the Investment
Marwyn Value Investors has sold 26.5 million depositary interests representing common shares in Entertainment One (ETO LN) at a price of GBP3.30 per share, raising gross proceeds of approximately GBP87.5 million, of which approximately GBP61.1 million is attributable to the Company.
The Master Fund is now beneficially interested in approximately 52.9 million common shares of eOne, representing approximately 17.9 per cent of eOne’s issued common share capital.
Entertainment One was founded in 2008 following the initial reverse acquisition of Entertainment One Income Trust. Since that date eOne has established itself as a leading international entertainment company that specialises in the
Noerr has advised the Munich financial investor Deutsche Invest Equity Partners on the acquisition of a participation in PlanetHome AG structured as a co-investment with the US financial investor AP Capital Investments.
The seller is HypoVereinsbank (UniCredit Bank AG).
PlanetHome is a real estate service providers in Germany and Austria. Core areas are the brokerage and financing of residential real estate. The parties have agreed to keep the purchase price confidential.
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12 November, 2026 – 8:00 am
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