Munich, February 13, 2017 -McDermott Will & Emery advised INTERGLOBAL Industrieholding GmbH on the sale of its holdings in Harmonic Drive AG and Ovalo GmbH.

With its headquarters in Limburg, Germany, Harmonic Drive AG develops, produces and sells highly precise and innovative drive technology products and is a technological market leader in this field.  Among other uses, these products can be used in robotic, machine construction, aeronautics and space technologies.  The transaction also involved a number of subsidiaries in Germany and abroad.

Stephenson Harwood LLP has advised Bowmark Capital and Five Arrows Principal Investments on the completion of the sale of Autodata to Solera Holdings, Inc., for a consideration of approximately £340 million.

Sidley is advising the existing consortium of institutional shareholders including TowerBrook Capital Partners L.P. and certain of its affiliated funds on the sale of its interest in Hayfin Capital Management (Hayfin) to the British Columbia Investment Management Corporation (bcIMC). bcIMC, a Canadian investment manager with approximately CAD$122 billion in assets, will acquire 100 percent of the shares owned by such consortium. The deal will be completed once a number of outstanding conditions have been satisfied, including certain regulatory approvals.

Mayer Brown has advised the main shareholders of OpenCloud Limited, which included private equity funds Advent Venture Partners, the New Zealand Venture Fund and Nokia, on its sale to Metaswitch Networks Limited, a leading cloud native communications software company.

OpenCloud products are used by more than 60 operators worldwide and the company is a recognised expert in mobile service enablement, which transform the real-time communications service layer, delivering a competitive and affordable evolution of IN, GSM, IMS and VoLTE services.

Akina and Unigestion have announced their decision to merge their private equity businesses to create a leading expert in global small and mid-market private equity, with USD 6 billion in assets under management and 54 dedicated professionals located in Geneva, Zurich, London, New York and Singapore. Completion of the transaction is subject to the customary regulatory approvals.

We advised Global Work Life Oy in the sale of the shares in Opteam Yhtiöt Oy to Barona Group Oy.

The combined skills of Opteam and Barona create a new actor on the market that is able to deliver a wide range of solutions for personnel challenges in different business areas and for all stages of working life. Together, the companies employ approximately 25,000 individuals every year, mainly in Finland. Opteam will retain its name and brand after the transaction.

BASF acquires Rolic, a Swiss based group offering innovative and forward-thinking solutions, particularly in the display and security industries as well as the optical film business.

Walder Wyss has acted as advisor to the seller in all legal aspects of the transaction. The team was led by Daniel Staffelbach and Florian Gunz Niedermann (Partners, Corporate/M&A) and further included Fabienne Anner (Associate/M&A),  Michael Isler (Partner, IP/IT) and  Reto Jacobs (Partner, Competition).

Frankfurt, 13 February 2017 - International law firm McDermott Will & Emery advised Süd Beteiligungen GmbH (“SüdBG”) on the sale of its shareholdings in DBW Advance Fiber Technologies Group (“DBW”) to DMB Dr. Dieter Murmann Beteiliungsgesellscaft mbH.

Baker McKenzie acted for Nouvago Capital AB in connection with their divestment of Lifestyle HK Ltd. to Hubert Burda Media.

Lifestyle HK Ltd., a pioneer within premium online publishing, operates a portal that keeps users up-to-date on the latest trends in fashion, beauty, entertainment, travel, arts, gourmet food, wine, and luxury toys fields with an emphasis on locally relevant features. The company was founded in 2006 and operates in Hong Kong, Singapore, Thailand and Malaysia.

Ashurst advised Chequers Capital XV FPCI, a professional private equity investment fund represented by its own management company Chequers Partenaires SA, on the disposal of Accelya, a leading provider of financial and commercial solutions to the airline industry, to Warburg Pincus, a global private equity firm.

Accelya and Mercator, a global provider of product-enabled solutions to the travel and transportation industry, controlled by Warburg Pincus, announced on 4 February 2017 their intention to combine.