International law firm Hogan Lovells is representing AXA, a worldwide leader in insurance and asset management, in the acquisition of employee health and benefits company Maestro Health for $155 million.
Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to take place before the end of first quarter of 2018.
Taylor Wessing Bratislava advised the biggest Slovak online book retailer and the second biggest book retailer in Slovakia, Martinus, s.r.o., on the acquisition of its competitor, the e-shop Gorila.sk.
Kirkland & Ellis International LLP advised Bain Capital Private Equity on its acquisition of Bugaboo International, a Dutch design company that develops and produces mobility products. Bugaboo is particularly well known for its iconic stroller, which it launched in 1999. The transaction, the value of which was not disclosed, signed on February 2, 2018.
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De Brauw has acted as Counsel to ING Bank in the acquisition of 75% stake in Payvision.
Client name
ING Bank N.V.
Other parties involved
Payvision Holding B.V., Founding management.
Nature of transaction
ING has reached agreement to acquire a 75% stake in Payvision, an international omnichannel payments service provider, valued at EUR 360 million. The founding management of Payvision will hold a 25% minority stake and will continue to lead the company. The acquisition allows ING to further invest in the payments business.
Charles Russell Speechlys were pleased to advise Shaw Industries Group, Inc. (Shaw) on the acquisition of Scotland-based carpet tile manufacturer Sanquhar Tile Services (STS).
Shaw is the largest carpet tile manufacturer in North America and the acquisition expands its carpet tile footprint to meet the needs of its global customers, complementing its carpet tile manufacturing facilities in the USA and China.
The financial terms of the transaction were not disclosed.
Eversheds Sutherland has acted as legal advisor for Neoss Ltd in the acquisition, via the subsidiary Neoss AB, of ARC Solutions AB.
ARC Solutions AB provides customized dental products. The acquisition of ARC Solutions AB will increase the market share and business of Neoss AB in Sweden.
Eversheds Sutherland's team consisted of Gabriel Albemark and Anders Svensson.
Schulte represented Marlin Equity Partners in its acquisition of Bazaarvoice Inc., a provider of consumer-generated content, advertising and personalization solutions. Helping brands and retailers find and reach consumers, each month in the Bazaarvoice network more than one-half billion consumers view and share authentic consumer-generated content across 5,000 brand and retail websites. Under the terms of the agreement, Marlin acquired each share of outstanding common stock of Bazaarvoice in exchange for $5.50 in cash for a total value of approximately $521 million.
Travers Smith LLP has advised TAKKT AG on its acquisition of Equip4Work Ltd, a leading British online retailer for office furniture.
Equip4Work, which was founded in 2004, is based in Dumfries, Scotland, and specialises in the sale of office furniture such as desks, chairs and cabinets under its primary sales brand OfficeFurnitureOnline.
The company, which also sells warehouse and business equipment under the Equip4Work brand, generated £40 million in sales last year.
Gilbert + Tobin has advised Quadrant Private Equity on its acquisition of the Darrell Lea and RJ’s Liquorice businesses from the Quinn family.
Founded in 1927, Darrell Lea now operates two manufacturing sites and sells over 14,000 tonnes of confectionery annually throughout Australia, New Zealand, the United States, Canada and the United Kingdom. The Quinn family purchased Darrell Lea following its administration in 2012.
Gilbert + Tobin has advised Quadrant Private Equity on its acquisition of the Darrell Lea and RJ’s Liquorice businesses from the Quinn family.
Founded in 1927, Darrell Lea now operates two manufacturing sites and sells over 14,000 tonnes of confectionery annually throughout Australia, New Zealand, the United States, Canada and the United Kingdom. The Quinn family purchased Darrell Lea following its administration in 2012.