Private equity firm Seafort Advisors has acquired a majority shareholding in J&S GmbH Automotive Technology from the Brockhaus Private Equity III fund. Seafort Advisors was the successful bidder in an M&A process conducted by investment bank Rothschild. The purchase price was not disclosed. The transaction has already been completed.
Ropes & Gray and Japanese firm Anderson Mori have advised Bain Capital on its tender offer for Asatsu DK, Japan’s third largest advertising agency. The tender offer price for 100% of the company is approximately 152 billion yen, or approximately $1.38 billion – making it one of the largest buyouts in Japan this year.
The Ropes & Gray team was led by private equity counsel Saeko Inaba and private equity partner Tsuyoshi Imai, with support from finance counsel Ben Morris, all based in the firm’s Tokyo office.
Dentons has advised Swiss-based global energy and commodity group Mercuria Energy Group on its acquisition of Noble Americas Gas and Power Corp, the North American gas and power division of Singapore-listed commodity trader Noble Corp. The deal closed on September 29, 2017.
The Dentons team was led by Competition and Antitrust partner Adam S. Goodman, who provided Canadian regulatory advice and Banking and Finance partner Michael Henriques, who advised on financing.
Loyens & Loeff advised SQLI Group, a France-based listed company that provides e-business software solutions, IT consulting and system integration services, on the acquisition of a 70% stake in Osudio Holding B.V., a Netherlands-based international digital agency that provides digital strategy, user experience and design, optimisation and IT services.
COSMO CONSULT is currently very active in the sphere of M&A transactions. CMS has advised the international COSMO CONSULT Group on its recent acquisition of the Austrian Microsoft partner FWI, providing legal and tax advice throughout the whole process.
Eversheds Attorneys Ltd. advised Asiakastieto Group in a corporate transaction in which Asiakastieto Group Plc acquired all the shares of Emaileri Oy, a company separated from Websonic Oy, providing services for communication and marketing operations. The transaction came into effect on 1 October 2017. With the acquisition of Emaileri, Asiakastieto Group further strengthens its sales and marketing services based on databases and analytics know-how.
Herbert Smith Freehills is advising AccorHotels on its proposed A$1.2 billion takeover of Mantra Group (ASX: MTR), to be implemented via a scheme of arrangement.
Global law firm Ropes & Gray has advised Bain Capital Private Equity on its acquisition of NGA UK – a leading UK-based software provider of payroll and HR solutions – from NGA Human Resources. The financial terms of the proposed transaction, which is expected to close in early 2018 subject to anti-trust and FCA approvals, have not been disclosed.
Mills & Reeve has advised Indigo Telecom Group, in the acquisition of Belcom247 bringing the two long-standing telecoms specialists together and expanding their capabilities on a global scale.
Indigo Telecom Group specialise in the design, build, supply, management and maintenance of telecoms networks across the world and Belcom247 focus on field engineering and data centre connectivity solutions. The new company will provide mission critical network installation and maintenance services to many major data centres across Europe and Asia.
Ashurst advised funds advised by Equistone Partners Europe and their portfolio company Vivonio Furniture GmbH on the acquisition of fm Büromöbel Franz Meyer GmbH Co. KG from the fm Group.
The parties have agreed not to disclose the purchase price. The transaction still requires the approval of the cartel authorities.
By the purchase, Vivonio is further extending its competence as a major player in the European furniture market.