Eversheds Sutherland (International) has advised the shareholders of The Nostrum Group Limited (Nostrum) on the disposal of its entire issued share capital to Equiniti Holdings Limited, a subsidiary of Equiniti Group plc.

Nostrum is a fast growing, award-winning provider of end-to-end loan management technology and fully managed loan services that helps banks, finance companies and retail brands optimise their operations. 

Slaughter and May is advising Novae Group plc on a recommended cash offer for Novae’s entire issued and to be issued share capital by Axis Capital. The offer was announced on 5 July 2017.

Under the offer, each Novae shareholder will be entitled to receive 700 pence in cash for each Novae share. The offer values Novae’s issued and to be issued share capital at approximately £467.6 million. The transaction is to be effected by court-sanctioned scheme of arrangement and is expected to complete in Q4 2017.

Members of Orrick’s Technology Companies Group in Paris are advising French startup KissKissBankBank on its acquisition by La Banque Postale.

KissKissBankBank is a French crowdfunding platform. Since its launch in 2009, it has financed more than 27,000 creative, associative and entrepreneurial projects.

Loyens & Loeff advised Blackstone Group LP, a listed US-based private equity firm, on the disposal of LogiCor Europe Limited, a UK-based logistics business to China Investment Corporation (CIC), a China-based sovereign wealth fund established by the government of China that invests in all sectors.

NMBS/SNCB is proceeding with the sale of a stake of 82% in Transurb to CMI. Transurb is active in tailor-made solutions for the rail sector and urban transport in Belgium and abroad, as well as in the field of training simulators. CMI designs, installs and maintains industrial systems, and this acquisition will enhance its presence in the rail sector. NMBS/SNCB retains a 10% stake in Transurb at this stage. The remaining shares in Transurb are held by MIVB/STIB. The closing of the transaction is expected to take place in the coming weeks.

Darrois Villey Maillot Brochier advised Banca Leonardo S.p.A. in the context of the sale of 100% of Banque Leonardo S.A share capital, French subsidiary of Banca Leonardo S.p.A.

Darrois Villey Maillot Brochier advised Banca Leonardo S.p.A in the context of the sale to UBS France of 100% of the share capital and voting rights of Banque Leonardo S.A., its French subsidiary. This operation is subsequent to the satisfaction of regulatory authorization required from the relevant authority.

Addleshaw Goddard's Manchester Private Equity team has advised LDC on its exit from The Creative Engagement Group (TCEG) in a strategic trade sale to Huntsworth plc, an international healthcare and public relations communications group at an enterprise value of £25m.

TCEG, which is a group of three creative agencies (WRG, The Moment & Just Communicate) provides experimental marketing, events, digital marketing and augmented reality for a wide portfolio of blue chip clients.

Ashurst has advised the shareholders of mortgage broking franchise business, Smartline Home Loans Pty Limited (Smartline) in the A$67 million sale of 100% of shares in Smartline to Realestate.com.au Pty Limited (Realestate.com), a subsidiary of REA Group Limited (REA).

On June 7, 2017, Jacobs Holding AG, Zurich, Switzerland, announced that it signed agreements with Dr. Haleh Abivardi and Dr. Golnar Abivardi as well as EQT Mid Market to acquire swiss smile. Dr. Haleh Abivardi and Dr. Golnar Abivardi remain invested and actively engaged in swiss smile and will work with management to further improve the service offering and expand the clinic network. Financial terms of the transactions have not been disclosed. The transaction closed in June 2017.

DWF has advised Capita plc on the sale of Affinity Workforce to Endless Fund IV for an undisclosed sum.

One of the UK's leading public sector recruitment specialists, Affinity Workforce has revenues of £140million and places staff across the education, healthcare and social care sectors. The investment by Endless will provide Affinity Workforce with additional management support, particularly as it looks to transition to a standalone business with Endless supplying strategic, commercial, operational and financial assistance.