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M&A: Seller's Counsel

DLA Piper advises Gener8 in in its acquisition by Sverica Capital Management

24 Sep 2018

DLA Piper represented Gener8, LLC, a designer and manufacturer of life science instrumentations and medical devices headquartered in Sunnyvale, California, in its acquisition by private equity firm Sverica Capital Management LP.

Gener8 designs and manufactures life science instrumentation, complex clinical devices and advanced industrial systems, leveraging expertise in microfluidics, optics, electronics and embedded systems. Its capabilities include end-to-end design, development, prototype and low-to-medium volume manufacturing.

DLA Piper advises Laureate Education on the sale of private higher education group MSA

24 Sep 2018

DLA Piper has advised Laureate Education Inc, the world's largest private higher education network, on the sale of its majority stake in MSA to Advtech.

MSA is a joint venture between the prestigious Monash University and Laureate Education Inc. It is a leading South African private tertiary education institution with students from more than 50 countries.

Gowling WLG advises on Aston Manor Cider's sale to Agrial Group

22 Sep 2018

Gowling WLG's global food and drink team has advised Aston Manor, the UK's largest independent cider producer, on its sale to Agrial Group.

With £134 million turnover for 2017, Aston Manor's range of brands includes Kingstone Press, Frosty Jack's and Knights, as well as own-label products for British retailers.

Founded by former Aston Villa chairman, Doug Ellis, Aston Manor is a family-created business, with three generations of the Ellis family involved in the transaction.

Shoosmiths advises on LDC exit of Bybox

22 Sep 2018

Shoosmiths' corporate team has advised on the £221 million sale of smart locker technology and field service solutions company Bybox to private equity backer Francisco Partners

The Shoosmiths team represented LDC (Managers) Ltd and the shareholders as part of the strategic investment, which will help ByBox's expansion in the UK and the global deployment of the Konnect app-locker platform.

Advising on the acquisition of Rollon by Timken

22 Sep 2018

International law firm Simmons & Simmons has assisted Chequers Capital, IGI SGR S.p.A. and the management of Rollon S.p.A. as sellers on the direct and indirect disposal of the entire share capital of Rollon S.p.A. to US giant Timken, a NYSE-listed company.

Rollon S.p.A. is a European leading company specialising in engineered linear motion products headquartered in Italy.

The Timken Company engineers, manufactures and markets bearings, gear drives, automated lubrication systems, belts, chain, couplings and linear motion products.

CMS acts on the sale of funeral insurance company Nuvema

22 Sep 2018

CMS has acted for Conservatrix Groep S.à.r.l. on the sale of N.V. Nederlandse Uitvaart Verzekering Maatschappij (Nuvema) to Lifetri Group. Nuvema is a funeral insurance company with approximately 185.000 policy holders in the Netherlands. Following closing, the name of Nuvema will be changed into Lifetri Uitvaartverzekeringen (Lifetri). Financial details of the transaction have not been disclosed.

Pinsent Masons advises on the sale of the Alegri Group

21 Sep 2018

The international law firm Pinsent Masons advised the shareholders of the Alegri Group on the sale of their company.

The Alegri Group is one of the leading IT consulting companies in the DACH region for Microsoft products and SAP technologies, Cloud, Internet of Things and Managed Services.

The first step of this series of successive transactions was the sale of all shares of Alegri International Service GmbH, which specializes in IT services, to the listed French IT service provider Devoteam SA.

Erwin Hymer Group's €2.1 Billion Acquisition by Thor Industries

19 Sep 2018

On September 18, 2018, the shareholders of Erwin Hymer Group SE (“Erwin Hymer Group”) and Thor Industries, Inc. (“Thor”) announced that they have entered into a definitive agreement for Thor to acquire Erwin Hymer Group, a privately held international company, for an enterprise value of approximately €2.1 billion. The combination creates the world’s largest RV manufacturer, with the leading position in both North America and Europe, and establishes a global sales and production footprint.

Freshfields advises KLX Inc. and KLX Energy Services Holdings, Inc. in connection with KLX’s Spin-Off of KLX Energy Services Holdings, Inc.

19 Sep 2018

Freshfields Bruckhaus Deringer US LLP (“Freshfields”) has advised KLX Inc. and KLX Energy Services Holdings, Inc. (“KLX Energy Services”) in connection with KLX’s spin-off of KLX Energy Services.  The spin-off was completed on September 14, 2018, when KLX Energy Services became an independent publicly-traded company listed on Nasdaq (NASDAQ: KLXE).