National law firm Shoosmiths has advised the founders of SecurEnvoy Limited on the sale and reverse takeover into AIM listed Shearwater Group PLC.

As the initial acquisition under Shearwater Group's transformation strategy, the £20 million consideration was satisfied by the payment of £10 million in cash and £10 million through the issuance of 200 million Ordinary Shares of the Company at a price of 5 pence per share. The acquisition constituted a reverse takeover pursuant to Rule 14 of the AIM Rules for Companies.

King & Wood Mallesons has advised funds managed by Quadrant Private Equity on their acquisition of controlling stakes in Qscan Radiology and North Coast Radiology.

The two companies, valued at a combined $200m, will operate 33 clinics with 40 radiologists with Quadrant intending to expand operations domestically and potentially into Asia.

The KWM Team was led by Partners Mark McNamara and Elizabeth Hundt Russell and Special Counsel Alex Elser who were supported by Solicitors Josh Chalkley, Dan Flanagan and Karen Chen.

Loyens & Loeff advised Triton Partners, a UK-based private equity firm, on the acquisition of a majority stake in DeepOcean Group Holding B.V., a Netherlands-based provider of safe, high quality, innovative services and technologies for the subsea industry.

Loyens & Loeff advised Kinderhook Industries LLC, a US-based private equity firm, on the acuisition of an undisclosed majority stake in Performance Motorsports Inc (PMI), a US-based manufacturer of pistons and other engine related components serving the motorsports and powersports markets, from Dover Corporation, a US-based company engaged in manufacturing of equipment, components and specialty systems.

London – A cross-border, multi-practice team of lawyers from global law firm K&L Gates has advised CLX Communications (CLX), a leading provider of cloud-based communication solutions, on its acquisition of UK mobile messaging and security services provider Dialogue Group Ltd. for £32 million on a cash and debt-free basis.

The acquisition will help fast track CLX’s expansion into the Asia-Pacific region, bolster network expansion, and increase key security product capabilities.

ACTIV FITNESS AG, part of Migros Zurich, acquired Silhouette Wellness SA. Silhouette runs 20 fitness studios in Geneva, Vaud and Zurich, and two premium studios under the brand “Pure” in Geneva. After the acquisition, ACTIV FITNESS has now 63 fitness studios in 3 language regions and is with more than 100,000 members a leading provider the Swiss fitness market. It has been agreed to keep the purchase price confidential.

Loyens & Loeff advised Stone Canyon Industries, LLC, a US-based principle finance firm specializing in making investments in companies valued between USD 50mm and USD 2bn, on the acquisition of Mauser Group B.V., a Netherlands-based company engaged in developing, manufacturing, and marketing industrial packaging solutions from Clayton, Dubilier and Rice, LLC, a US-based private equity firm, for a total consideration of USD 2.3bn.

Anticimex acquires remaining 80 per cent in WiseCon A/S, a Danish company that offers advanced electronic rattraps and monitoring systems, and establishes an Innovation Center for Digital Pest Control. The acquisition highlights Anticimex’s commitment to digital pest control solutions.

A company in the German private equity fund Aquila Capital has acquired the Danish company Vindtestcenter Kappel A/S from European Energy A/S. Plesner advised Aquila Capital on the transaction.

Vindtestcenter Kappel A/S owns a wind farm in Southern Denmark consisting of seven wind turbines with a total capacity of 25 MW.

Aquila Capital has acquired Vindtestcenter Kappel A/S from European Energy A/S which specialises in the development and construction of wind turbines and solar installations.

DWF LLP has advised NorthEdge Capital on its sale of the energy technology provider Utiligroup to Energy Services Group (ESG), a leading provider of technology solutions to the retail, energy and utility industries.

Founded in 1997, the Chorley-headquartered company is a provider of Software-as-a-Service (SaaS) solutions to the utilities and energy industries and has been the pioneer in delivering Energy2.0, the emergence of the independent energy market and the analogue to digital smart meter revolution.