Deals

Americas

Affinity Equity nears Trimco deal: Bloomberg

Affinity Equity Partners is nearing a deal to buy Trimco International Holdings Ltd, Bloomberg reported. Trimco, which is controlled by Partners Group Holding AG, is a Hong Kong maker of garment labels . A deal could value Trimco at more than $500 million, the story said. Affinity's offer trumps bids by Baring Private Equity Asia and Yue Yuen Industrial...

Clearlake Capital to buy Janus International Group

Clearlake Capital Group LP said Jan. 17 that it agreed to buy Janus International Group LLC. Financial terms weren’t announced. Janus, of Temple, Georgia, makes and supplies doors, hallway systems, locks, interior solutions and ancillary technologies.Read More

OpenGate buys Mersive Technologies

OpenGate Capital said Jan. 16 that it acquired Mersive Technologies Inc. Financial terms weren’t announced. Mersive, of Denver, provides wireless collaboration software.Read More

Anomali raises $40 mln

Anomali said Jan. 17 that it raised $40 million in a Series D round led by Lumia Capital. Deutsche Telekom Capital Partners (DTCP), Telstra and Sozo Ventures also participated in the round along with returning investors GV, General Catalyst, IVP and Paladin Capital Group. Anomali, of Redwood City, California, provides threat management and collaboration...

Highlander Partners buys Kernel Season’s

Highlander Partners LP said Jan. 16 that it acquired Chicago Custom Foods LLC, which does business as Kernel Season's. Sellers were VMG Partners and Brian Taylor, the founder of Kernel Season’s. Kernel, of Chicago, provides popcorn seasoning. Regions Bank and Norwest Mezzanine Partners provided financing.Read More

Asia Pacific

RaySpec, a leading manufacturer of innovative detectors for X-rays has been acquired by Japanese Polatechno, Co. Ltd

Livingstone’s Industrial sector team has advised Baird Capital and the shareholders of its portfolio company RaySpec, a leading manufacturer of innovative detectors for X-rays, on its acquisition by Japanese Polatechno, Co. Ltd.  Headquartered in High Wycombe, UK, RaySpec (previously known as SGX Sensortech) is a leading supplier of high...

Antitrust, security reviews are changing Asia M&A

Asian buyers will have to better manage their transaction risks on M&A, as regulators increase their focus on security reviews. In the week that US Congress unveiled legislation to expand the power ofthe Committee on Foreign Investment in the United States...

Southeast Asia M&A surges to $53.5b in Jan-Sept 2017, led by transport sector

Southeast Asia saw mergers and acquisitions worth $53.5 billion across 290 deals in the first three quarters of this year, a strong performance outdone only by the Q1 to Q3 performance in 2013. According to Mergermarket data, Q3 alone saw 97 M&A deals worth $26.7 billion in the region, up 81.8 per cent from the same period in 2016. Three...

Asia bucks trend: Global M&A deal value slips in July-Sept

The value of mergers and acquisitions globally dropped slightly in the third quarter of 2017, as big deals worth more than $10 billion were scarce given uncertainty about economic policy in the U.S. and Europe in particular, leaving dealmakers to feast on a plethora of smaller transactions. Even as major stock markets continued to climb higher, big...

Gangtai Group: the acquisition of 85% stake in Buccellati has been completed

The transaction aims at reinforcing Buccellati’s international presence with an investment plan of €200 million, while maintaining the brand’s historical excellence and tradition The plan will fund the opening of 88 new monobrand stores and significant production and marketing investments Gangsu Gangtai Holding (Group) Co. Ltd, a Chinese...

Europe

capital D takes majority stake in invincible brands

capital D, a London-based private equity manager, acquires social media influencer-led marketing and product development companyInvincible Brands, founded in November 2015, achieved more than €30 million in revenues and healthy profitability in 2017 Berlin-headquartered Invincible Brands has sold a majority stake to capital D, a newly-formed...

Gas safety company Gas Tag valued at over £20 million after sealing private equity deal

Pioneering technology company Gas Tag has secured a multi-million pound investment from leading private equity house Waterland. The deal, which values Gas Tag at well in excess of £20 million, will enable the business to continue to scale up rapidly both within the UK and internationally. In return for the investment, Waterland will gain a...

Cavendish advises top sports graphics business Alston Elliot on its sale to Inflexion Private Equity

Transaction showcases Cavendish’s expertise in the media and technology sectors Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the shareholders of Alston Elliot, a leading provider of television sports graphics and data solutions, on its sale to Inflexion Private Equity, one of the UK’s leading mid-market private...

​Bridges-backed Viva Gym acquires Fitness Hut to create Iberian low-cost market leader

Spain’s Viva Gym and Portugal’s Fitness Hut, two of Europe’s leading low-cost gym groups, are joining forcesTogether they will constitute the largest low-cost gym group in Iberia, with almost 200,000 members and revenues of more than €50m The deal is being led by Bridges Fund Management, the sustainable and impact investor The combined group...

Mentha Capital sells Optimum Group to IK Investment Partners

The European printing and labelling company Optimum Group has been sold to IK Investment Partners. Optimum is a printer of self-adhesive labels, banding and shrink sleeves, primarily serving the food and retail market. The group operates through five printing facilities, of which four in the Netherlands and one in Belgium. Optimum operates in the faster-growing...

Mena

Private equity consortium invests into supplier of corporate and promotional apparel

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products.  Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and...

European business deals with Iran are safe, says Tillerson

AFP Last updated: October 22, 2017 The United States does not intend to disrupt European business deals with Iran, Secretary of State Rex Tillerson said in comments published Friday.Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US Congress,...

Mourant Ozannes advises Saudi Aramco on US$10 Billion Islamic bond issuance programme

Mourant Ozannes has advised the Saudi Arabian Oil Company, otherwise known as Saudi Aramco, in connection with the corporate structuring of its first Sukuk Issuance Programme, for an issuance of up to SAR 37.5 billion (US$10 billion) Sukuk (Islamic bonds), and its SAR 11.25 billion (US$3 billion) Sukuk issuance under the Programme. The Mourant Ozannes...

Job fair offers hope for Syrian refugees in Jordan

Around 50 companies were represented at the one-day event Wednesday as they scouted for candidates to fill some 1,000 job opportunities, compiling lists of applicants by name, age and qualification.The EU-funded job fair, a first at the desert camp that houses some 80,000 refugees, comes after the launch in August of the only employment office at Zaatari...

Gulf states say goodbye to tax-free reputation

Some have hailed introducing VAT as the start of "exciting, dramatic" change in the region, but the measure is also expected to push prices up for all residents including citizens and low-income workers.On Sunday, the United Arab Emirates doubles the price of tobacco and increases soft drink prices by 50 percent, ahead of the more general VAT on goods...

International

Zephyr Global M&A Review, 2017

Global M&A activity declines year-on-year in 2017Western Europe and Asia-Pacific M&A value up on 2016PE/VC value increases in all regions The volume and value of global mergers and acquisitions (M&A) declined in 2017, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information....

Global M&A falls just short of previous years as uncertainty takes its toll on investments

Mergermarket have just released their full year 2017 global M&A trend report with legal advisor league tables. Highlights of the report include: Global M&A fell just short of previous years, as uncertainty appeared to take its toll on investments. M&A dipped 3.2% by value to US$ 3.15tn (18,433 deals) in comparison to 2016 (US$ 3.26tn, 18.592...

M&A 2018: Brand on the bottom line

The M&A market is looking forward to a bumper year in 2018, with transaction value expected to grow by 23 percent to $3.2 trillion according to Baker McKenzie. And as the corporate focus on M&A to drive and supplement growth strategies increases, so too will the crucial role of brand strategy—in other words, what a company ultimately plans to...

Can trustees derail an M&A deal?

New statistics from the Office for National Statistics pointing to a ‘sizeable’ increase in the value of successful M&A deals, both domestic and cross-border, in the third quarter of 2017, suggests a promising outlook for the market as we head into the New Year. Anecdotally, those of us involved in the industry have certainly noticed an uptick in...

Digital transformation and private equity to drive dealmaking

Earlier this year EY Global conducted a global executive survey on M&A and capital investment on behalf of EY. The key findings can now be viewed in a new global highlights report.  Insight from this biannual survey of nearly 3,000 executives – called the EY Global Capital Confidence Barometer – shows appetite for M&A in the next 12 months...