Travers Smith LLP has advised existing client, the Carlyle Europe Technology Partners III fund, on the secondary buyout of TestPlant Limited, a leading international provider of functional network and performance test automation software.
The Travers Smith team was led by private equity partner Ian Shawyer and tax partner Simon Skinner.
King & Wood Mallesons advised the Emera group on the acquisition of the retirement home Alysea les Soins in Luxembourg. This transaction is one of the first acquisitions in this sector in Luxembourg.
Emera is the seventh largest private group of nursing homes in France. The group has 40 retirement homes (in France, Belgium and Switzerland) and about ten senior residents facilities.
The KWM Corporate team was composed of partner Pierre-Louis Sévegrand and associate Rémi Pagès in Paris; as well as partner Bertrand Geradin in Luxembourg.
Nordic Capital Fund VIII (“Nordic Capital”) has signed an agreement to acquire Cint AB (“Cint”), a leading global player in the insights data collection technology market.
Award-winning Hybrid Cloud and Managed Service Provider ANS today announced that it has acquired Eison, a specialist IT Service Provider focused on mission critical managed data network solutions to both private and public sector organisations.
Hill Dickinson has acted for the management team of Glendale Foods, a £20m-turnover food manufacturer, on a buy-out deal that provides an exit for three founding shareholders.
Managing director Paul Burkitt and operations director Mark Jones have now taken over the Salford–based business following the purchase of the remaining shares in the company from founding shareholders John Mortimer, Gill Mortimer and Pam Mortimer who all exit the business after more than 30 years.
Wragge Lawrence Graham & Co (WLG) has advised Sweden-based AxIndustries AB on its acquisition of the entire issued share capital of Acorn Services Group Limited (Acorn) from a group of individual shareholders.
King & Wood Mallesons (KWM) has advised Silver Investment Partners (SIP) on the acquisition of Schüschke GmbH & Co. KG (Schüschke).
SIP’s acquisition of Schüschke allows the company to lay the foundation for a viable management succession plan. For the time being, the current sole shareholder Uwe Schüschke will remain a minority shareholder alongside SIP and continues to be responsible for the operative business. The purchase price was not disclosed.
DLA Piper advised Dentsu Aegis Network on its acquisition of SAME SAME but different. SAME SAME but different will become part of Dentsu Aegis’s global creative advertising agency network, McGarryBowen. The acquisition marks McGarryBowen’s first venture into France, and the establishment of the agency’s luxury brands practice, known as McGarryBowen Luxury.
French based IPH Group has acquired Montalpina AG. Montalpina is a leading technical distributor with three branches in Switzerland. The company offers a wide range of products with bearings, power transmission and sealings to the point of special tools and measuring equipment. With sales of more than CHF 1 billion in 2015, IPH is one of the largest technical distributors in Europe.
We acted as counsel in all finance-related matters in an acquisition arrangement where Sponsor Fund IV, a fund managed by Sponsor Capital, acquired Orthex Group, the leading manufacturer and marketer of plastic household products in the Nordics. Nordea Bank Finland Plc provided the financing for the arrangement.
The C&S team included Partner Tero Tuomisto, Senior Counsel Leena Romppainen, Senior Associates Jonne Järvi and Aleksi Pekkala and Associates Riikka Mustonen and Niko Johansson.