The investment firm Marlin Equity Partners has sold Bluegarden, a leading provider of payroll systems in Scandinavia, to the Norwegian IT group Visma. Plesner assisted Marlin Equity Partners with the sale.

Bluegarden offers payroll and human resource administration products and provides solutions to small, medium-sized and large enterprises in Denmark, Sweden and Norway. Marlin Equity Partners sells Bluegarden following a recent major turnaround of the company.

Mayer Brown JSM announced today that it advised the sellers on the majority sale of PRASAC Microfinance Institution (PRASAC) in one of the most significant transactions in Cambodia to date.

Travers Smith LLP has advised the selling shareholders on the sale of Vivid Toy Group Limited ("Vivid") to Privet Capital ("Privet").

The Travers Smith team was led by Private Equity partner Edmund Reed and Finance partner Edward Smith. They were assisted by Private Equity senior counsel Moushumi Sharmacharja, Finance senior counsel Douglas Hawthorn and Private Equity associate Adrian Duncan.

DLA Piper advised Sito and its shareholders on its sale to Wise Group, a portfolio company of Intera Partners, the Finnish private equity sponsor. The new entity, employing nearly 1100 professionals, will be the largest Finnish-owned company in house building and infrastructure construction design and consultancy. In 2017, the combined turnover is expected to exceed 100 million euros. The company has plans to expand in the Nordics and hire 100 to 130 new employees per year.

The Lower Austrian industrial bakery Linauer & Wagner has joined forces with Ankerbrot . The previous owners – Brigitte and Karl Linauer as well as the bakery Wagner BetriebsgmbH & Co KG – sold 65 percent of the company to Ankerbrot AG. The owners were advised by the law firm Baker McKenzie, who will also assist in the upcoming restructuring of the bakery.

Hill Dickinson has advised the shareholders of Active Supply Holdings Limited Group on its sale to IESA Limited, the Gresham private equity backed business process outsourcer.

Founded in 1999 and based in Stoke on Trent, Active is a provider of indirect supply chain management services to large manufacturers and has particular capability regarding OEM supply chains in the aerospace, automotive and energy industries, with customers including Michelin, Rolls Royce, Siemens and Toyota. Active enjoyed a record year in 2016 with revenue exceeding £40 million.

Norton Rose Fulbright has advised Deloitte Touche Tohmatsu (Deloitte), the administrators of Howards Storage World (HSW), a specialty home and organisation retail chain and franchise network that specialises in space saving and organisational products for the home and office.

The business was sold to specialty retailers My Home Storage / Store Trade, led locally in Australia by Enayatolla Ghiasi.

This sale allowed approximately 80 per cent of HSW group’s store network to continue trading and has also resulted in approximately 160 jobs being retained.

15 March 2017 / LONDON – Dechert LLP advised Columna Capital on the sale of a stake in Datamars to Caisse de dépôt et placement du Québec (CDPQ). The transaction is subject to regulatory approvals.

Datamars is a global company based in Switzerland whose technology is used to identify and track livestock, companion animals and textiles. Through its emphasis on constant innovation and its ability to successfully acquire and integrate other companies, it has grown to be one of the leaders in each of the three segments in which it operates.

Perstorp Group has divested its Belgian site with its coating additives activities to Synthomer plc. The total consideration for the sale was EUR 78 million (subject to certain adjustments).

Perstorp Belgium manufactures and markets a range of performance additives to customers world-wide across a number of end-markets including paints, coatings and plastics.

Dr. August Oetker KG (“Oetker”) has signed with Maersk Line A/S (Maersk Line), a subsidiary of A.P. Møller - Mærsk A/S, a Sale and Purchase Agreement for the sale of the German container shipping line Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd).