Business law firm, DWF, has advised Renovo Group plc, the Manchester-based cash-shell, on its deal to buy business lender Ultimate Finance Group plc.

The cash and shares deal, which was announced on 22 July 2013, values Ultimate Finance at more than £19 million. Under the terms of the acquisition, Ultimate Finance’s shareholders will receive 6p in cash and 1.05 new Renovo shares for each share held in Ultimate Finance subject to a mix and match facility.

Business law firm DWF has advised Mosaic Private Equity and RooGreen Ventures LLP on the investment in Woodall Nicholson Group, one of the UK's longest established coachbuilding businesses.

Mosaic Private Equity, RooGreen Ventures LLP and Enterprise Ventures have each made a significant investment in the business, which has a turnover of £24million and employs 180 people at factories in Westhoughton and Rochdale.

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has assisted Global Power Sources S.r.l. in the acquisition of its 100% stake in Ascent Resources Italia S.r.l. from Ascent Resources Plc for approximately €8 million.

WFW advised Global Power Sources on the negotiation, drafting and finalisation of the contractual documentation concerning the acquisition.

Leading international law firm SJ Berwin has advised asset manager Intermediate Capital Group plc (ICG) and its affiliated funds on the acquisition of Inenco Group, the energy division of EnServe Group, the energy and utility outsourcing business owned by Cinven.

Inenco Group was sold to funds managed by Intermediate Capital Group along with independent private equity firm Vitruvian Partners LLP and management.

DLA Piper has advised ABB, the leading power and automation technology group, on its acquisition of Dynamotive Ltd.

ABB specialises in technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.

International law firm Freshfields Bruckhaus Deringer has advised European private equity firm Cinven on the acquisition of Host Europe Group from Montagu Private Equity for a total consideration of £438m. The transaction is subject to regulatory approval.

Herbert Smith Freehills has advised Pension Insurance Corporation (PIC), a specialist provider of insurance solutions for defined benefit pension funds, on the pension insurance buyout of the EMI group pension fund, which since 2011 has been a liability of Citigroup. The transaction covers £1.5 billion of liabilities and 20,000 members, and is the UK's largest ever pension insurance buyout. It enables the trustee of the EMI Group Pension Fund to insure all its liabilities with PIC, providing certainty to members and all parties involved.

Osborne Clarke ha assistito il Gruppo Faac, leader a livello mondiale nelle soluzioni di automazione per serramenti e di controllo degli accessi pedonali e veicolari, nell’acquisizione della Olmi Impianti Srl, azienda con ventennale esperienza nella realizzazione di impianti chiavi in mano di parcheggi e di accessi pedonali per applicazioni aziendali.
Lo studio legale Jones Day ha assistito i venditori mentre 2R Corporate Finance ha agito quale advisor finanziario degli stessi venditori.

Ashurst has advised Macquarie Investment Management, part of the Macquarie Funds Group, on its agreement to acquire ING Investment Management Korea from ING Group ("ING"). Completion of the acquisition is subject to certain closing conditions including regulatory approval.

Upon completion of the transaction, Macquarie Investment Management and Macquarie Infrastructure and Real Assets will together be the largest foreign asset manager in Korea by assets under management.

Global law firm Eversheds has advised French industrial outlet manufacturer Marechal Electric on its acquisition of Italian hazardous area products manufacturer Technor Italsmea S.p.A, and its sales organisations Technor Middle-East and Technor Asia Pacific, from Norwegian investment fund HitecVision.