Charles Russell Speechlys has advised on the sale of Xstrahl, a medical devices business that designs and delivers effective clinical and research solutions to advance radiation oncology, to Risk Capital Partners as part of a management buyout. The firm acted for Martin Robinson, the majority shareholder and previous CEO, from whom the business was acquired.
DLA Piper has advised INP Deutschland GmbH, an owner-run engineering company, on the sale of 55 per cent of its shares in INP North America Inc. The buyer is VINCI Energies Deutschland GmbH, a global construction and concessions company part of the French VINCI Group. DLA Piper advised INP Deutschland on the SPA mark up and all negotiations.
The corporate team at Shoosmiths has advised Matillion, a fast-growing provider of disruptive cloud-based integration software, in a Series B fundraise of $20m.
The company, based in Altrincham, south Manchester and New York City, has brought on board two major Silicon Valley institutional investors, Sapphire Venture and Scale Venture Partners, to further accelerate its international expansion.
Existing UK investor YFM Equity Partners has also increased its stake in the company, which in 2017 saw annual recurring revenue soar 260%.
DLA Piper has advised the shareholders of Nettitude, a market-leading provider of cyber security services, on its sale to Lloyd's Register Group (LR), one of the world’s leading providers of professional services for the engineering and technology sectors.
The acquisition strengthens LR’s existing portfolio to provide market leading cyber security services to clients, including penetration testing, information security consulting, managed security services and incident response handling.
International law firm Pinsent Masons is advising Fenner PLC, a world leading engineering firm based in Hessle, Yorkshire, on a recommended cash offer by Michelin, the global leader in tyre manufacturing.
The offer values the shares of Fenner at approximately £1.2bn on a fully diluted basis.
Slaughter and May advised Michael Chambers / Orbach & Chambers Holdings Limited on the sale of Chambers & Partners to the global private equity firm Inflexion.
Founded by Michael Chambers in 1990, Chambers & Partners provides rankings of and research on over 80,000 lawyers and law firms in 185 jurisdictions worldwide, and is considered a definitive guide to the legal profession used by clients and law firms.
Contacts
Travers Smith LLP has advised the management team of Time Inc UK on the acquisition by Epiris of the UK arm of Time Inc from Meredith Corporation.
The Travers Smith team was led by Private Equity Senior Counsel Alex Dixon, who was supported by Tax Partner Hannah Manning, Tax Senior Associate Silvana Van der Velde and Employment Associate Will Dixon.
The deal value is confidential.
Travers Smith LLP has advised the senior executive team of Canopius in relation to the negotiation of their equity terms as part of its acquisition by a private equity consortium led by Centerbridge Partners, L.P., which includes private investment firm Gallatin Point Capital LLC.
BRAIN AG has acquired a majority stake in Cardiff based speciality enzyme producer Biocatalysts Limited.
For over 35 years, Biocatalysts (and more recently Biocatalysts Inc, USA) has focused on the development, production and distribution of speciality enzymes for various industries such as food and fine chemicals. BRAIN is a leading technology company in the field of industrial biotechnology, developing microorganisms, natural substances and enzymes for the industrial use.
Charles Russell Speechlys has advised MayAir Group plc, the AIM-listed manufacturer, developer and provider of air filtration equipment and clean air solutions, on the group’s acquisition by Poly Glorious Investment Co Ltd.