Equistone sells Oikos Group to Goldman Sachs
Funds advised by Equistone Partners Europe (Equistone) are to sell their majority stake in Oikos Group, a European provider of prefabricated houses, headquartered in Schlüchtern, Germany, to West Street Capital Partners VIII, a fund managed by Goldman Sachs. Oikos Group, which combines the brands Hanse Haus, Bien-Zenker and Living Haus, is one of the leading […]
Genstar-backed Telestream acquires Masstech
Telestream, a portfolio company of Genstar Capital and a specialist in media workflow orchestration, media streaming and delivery technologies, has acquired Masstech, a creator of intelligent, hybrid cloud-based storage and asset lifecycle management solutions for the M&E industry. The company’s 10th acquisition comes shortly after Telestream’s purchase of EcoDigital – another specialist in content management […]
Conair Corporation To Be Acquired By American Securities
Conair Corporation, a global leader in premium kitchen electric appliances, non-electric kitchenware, personal care, grooming, health and beauty products, and American Securities LLC, a leading U.S. private equity firm, announced today that Conair has entered into a definitive agreement to be acquired by affiliates of American Securities. Financial terms of the transaction were not disclosed. Certain […]
Kirkland advises Alpine Investors on acquisition of Sendible
Kirkland & Ellis has advised Alpine Investors, a San Francisco based private equity fund and its portfolio company Alpine Software Group, on the acquisition of Sendible, a UK social media management and data analytics provider The transaction is Alpine’s first European acquisition. The team was led by transactional partners Adrian Duncan and David Higgins and […]
Learndirect completes bolt-on acquisitions of ACD and i-to-i
Learndirect has acquired Animal Courses Direct (ACD) and i-to-i (TATG Ltd), two specialist training providers operating in the Animal Welfare and Teaching English as a Foreign Language (TEFL) sectors respectively The acquisitions extend Learndirect’s existing portfolio in these sectors and provides a strong base for the group to continue to grow online education in these […]
Advent buys ZCL Chemicals, opens exit door for promoters and Morgan Stanley
Private equity firm Advent International has bought bulk drugs maker ZCL Chemicals for Rs 2,000 crore (around $275 million), offering exits to founder-promoters Parikh family and Morgan Stanley Private Equity Asia. The family has sold 80% of the firm for Rs 1,610 crore. Of this, about 26% will be transferred subject to customary closing conditions […]
Ocorian acquires Emphasys Technologies
Ocorian, a financial services group and provider of Capital Markets services, Fund services, Corporate services and Private Client services, has acquired Emphasys Technologies Emphasys Technologies is a US-based service provider to the capital markets community, specialising in tax reporting and calculation agency services to asset-backed transactions. The deal, which was agreed on 4 March 2021, […]
Livingbridge-backed Brainlabs acquires User Conversion
Brainlabs, a portfolio company of mid-market private equity investor Livingbridge, has acquired User Conversion, a conversion rate optimisation agency Livingbridge invested in Brainlabs in 2019 to accelerate the business’ growth and support the firm in its ambition to become the global leader in digital marketing. Since then, Brainlabs has expanded its offering and footprint through […]
McAfee Enterprise Business To Be Sold To STG For $4B
Private equity firm Symphony Technology Group (STG) has agreed to buy McAfee’s enterprise business for $4 billion, turning the legendary cybersecurity firm into a pure-play consumer business. The San Jose, Calif.-based platform security giant is following in the footsteps of top rival Symantec, which sold its enterprise business to Broadcom in November 2019 for $10.7 billion and […]
Diageo buys hard seltzer brand Lone River Ranch Water
Johnnie Walker whisky maker Diageo said on Monday it has acquired Far West Spirits LLC, the parent company of Lone River Ranch Water, as it looks to expand in the fast-growing hard seltzer category. Hard seltzer – flavored sparkling water infused with alcohol – is the fastest growing alcohol category in the United States with […]
