We have advised on the £18 million recommended takeover offer for AIM quoted SWP Group plc.

The offer has been made by Friars, a new management backed company created by four of the SWP directors – Alan Walker, Colin Stott, David Pett and Martin Bell.

AIM quoted SWP Group designs, manufactures and installs a range of high value added engineered solutions across international markets in the energy, utilities and construction sectors. It is best known for brands such as Ulva Insulation Systems, Fullflow Group and Plasflow.

Eversheds represented the seller in a corporate transaction in which Med Group Oy, a social welfare and health care services company, acquired Qmedical, a company operating in the field of specialist dental care. As a result of the transaction, Med Group – which has already grown strongly during the past years – joins the league of major dental clinics chains and can now provide any type dental care all over Finland.

The private equity investor Permira aquired a majority stake in P&I from Hg Capital and the management. P&I AG provides software programs for companies, inter alia for payroll solutions.

According to official figures, the company has about 400 employees and serves 15,000 customers primarily in Germany, Austria and Switzerland.

Hg Capital aquired the P&I group from private equity investor Carlyle in November 2013. The transaction is still subject to approval by the relevant antitrust authorities.

International technology, media and telecoms law firm Olswang has advised the management team of Attenda, a UK hybrid IT managed services provider, on its acquisition by Ensono, a US based provider of IT infrastructure solutions and portfolio company of Charlesbank Capital Partners and M/C Partners.

Having grown since 1997 to be one of the UK's leading services providers, Attenda's specialism in delivering business-critical applications and managed services expertise will complement and strengthen the existing offerings of Ensono.

Addleshaw Goddard has advised Neutral vendor recruitment outsourcing specialist, de Poel on its multi-million pound MBO.

The transaction which was lead by de Poel's group MD, Andrew Preston saw the team acquire a majority stake in the business from the previous owner. The deal will allow for the further expansion and continued development of products, technology and sector-specialisms.

The AG team, who advised the company and vendor, was led by partner Tim Wheldon alongside Matthew Davies and Richard Chandler.

Travers Smith LLP has advised long-standing client Bridgepoint Development Capital on the sale of Beck & Pollitzer, the engineering services company, to Graphite Capital.

The corporate team at national law firm Shoosmiths has advised long-standing clients, the shareholders of property consultancy GBR Phoenix Beard Holdings Limited, on its acquisition by international real estate advisor, Savills.

Allen & Overy LLP has advised private equity company The Riverside Company (“Riverside”) on the sale of its shareholding in Transporeon Group (“Transporeon”), held by Riverside since 2011. Purchaser is leading global private investment firm TPG Capital. The transaction was closed today, on Thursday, 15 September. The parties agreed not to disclose the transaction price.

On September 15, 2016, AFG Arbonia-Forster-Holding AG (AFG) announced that it had agreed to acquire 100% of the outstanding shares of Looser Holding AG (Looser) by way of a private acquisition of 53% of the Looser shares from a number of individual selling shareholders and a public tender offer for the remainder 47% of the Looser shares. The purchase price, as well as the price offered by AFG under the independent tender offer, consist in CHF 23 in cash and 5.5 AFG shares per Looser share.

Niederer Kraft & Frey (NKF) advises the Management of Roth Group in the course of the acquisition of Roth Brandschutz Holding Ltd. by funds managed by Equistone Partners Europe from Swiss investors' group Ufenau Capital Partners and the respective reinvestment of the management. The parties have agreed to keep the purchase price confidential.