We acted as the legal advisor to the shareholders of OptoFidelity Oy in the sale of all the shares in OptoFidelity Oy to Changyuan Group Ltd (China).

OptoFidelity is driven by a passion to innovate and design test and production solutions for mobile devices, sensors and electronics used in smart devices. The company is a global partner for several industry-leading companies. The company is headquartered in Tampere, Finland, with offices in Oulu, Finland, as well as subsidiaries in Silicon Valley, CA, Redmond, WA, and Shenzhen, China.

Clifford Chance has advised Precision Capital on the sale of its 89.936% stake in Banque Internationale a Luxembourg (BIL) to Beyond Leap Limited, a wholly owned subsidiary of Hong Kong-listed investment group Legend Holdings Corp. The transaction is expected to close in the first quarter of 2018 and is subject to approval from the European Central Bank, the Commission de Surveillance du Secteur Financier and other relevant regulatory authorities. It also remains subject to Legend Holdings shareholder approval. The Grand Duchy of Luxembourg will retain its 9.993% ownership of BIL.

CMS advised Resource Partners, a private equity fund, in relation to the sale of Delicpol, a manufacturer of cookies sold under private labels. The purchaser is Continental Bakeries, a manufacturer of sweets owned by Goldman Sachs Merchant Baking Division and Silverfern, a private equity fund. The closing of the transaction is contingent to obtaining a consent from the market regulators.

Eversheds Sutherland has assisted in a transaction regarding the IT company Solid Park AB

Eversheds Sutherland has represented the sellers in connection with Solid Park AB getting a new majority owner, BAS Invest AB. Solid Park AB is a supplier of various IT services and has a turnover of approximately 200 MSEK.

The Eversheds Sutherland team consisted primarily of Ulrika Sparrman, Richard Jacobsson, Caroline Wikström and Anders Svensson.

Stephenson Harwood LLP has advised the shareholders of Equinox Global Ltd, including Beazley Investments Limited, on the sale of the company to Nexus Group, an independent Specialty Managing General Agent.

Equinox, a trade credit insurer, was established in 2009 and has offices in London, New York, Paris, Hamburg and Amsterdam. Its founding shareholders and management team, consisting of Steen Parsholt, Mike Holley, Rob Crampton and Vicki Harrison, will stay in place as part of the deal, and Beazley will continue to support the company in its underwriting capacity.

Affiliates of Equistone Partners Europe ("Equistone") acquired a majority interest in DefShop, a leading multichannel retailer for streetwear and hip-hop clothing in Germany.

On the sales side are the company founder Alexander Büchler and his family, who will remain in the company with a minority interest. In addition, the management of DefShop will also hold shares in the company. The transaction is still subject to approval by the responsible antitrust authorities.

William Fry advised Enstar Group in the sale of its Irish life insurance company Laguna Life DAC to Monument Re.

William Fry worked closely with the Enstar and Laguna teams on the project, advising on the 100% share purchase transaction.  Laguna has been acquired by Monument Re’s Irish subsidiary, Monument Assurance DAC.  This is part of Monument Re's strategy of acquiring and consolidating books of life business across the European market and reinsuring asset-intensive business, particularly in the pension and annuity sectors.

Osborne Clarke has advised German game developer Black Forest Games GmbH on the acquisition by the Swedish THQ Nordic. An asset purchase Agreement with Black Forest Games was also concluded to acquire the intellectual properties of game classic “Giana Sisters”,“Helldorado” and “Rogue Stormers” amongst other assets.

A potential performance based earnout to the five founders is also an addition. They will stay on board to continue the success story of the 50 people studio.

Funds managed by current and former partners of Bregal Capital LLP divest BlueStep Bank to EQT VII. BlueStep Bank was founded in 2005 and is today a market leading specialist mortgage provider in the Nordic region, with a loan portfolio of SEK 13 billion.

The vendors were advised by Mannheimer Swartling in the transaction.

London—Dentons has advised Deutsche Post DHL Group, the leading global mail and logistics company, on the sale of the UK-headquartered provider of marketing and communications solutions, Williams Lea Tag, to global private equity investors Advent International ("Advent").