With a team led by Dr. Michael Dröge, Partner at the Hamburg office, Heuking Kühn Lüer Wojtek advised the shareholders of thinXXS Microtechnology AG, including majority shareholder PRICAP Venture Partners AG, on the sale of their shares to a subsidiary of IDEX Corporation.
Macfarlanes has advised the management team of UK-based IT services company Northgate Public Services Limited on its £475m sale to Japanese multinational NEC Corporation from private equity firm Cinven.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Cinven, the international private equity firm, on its agreement to sell Northgate Public Serviced Limited (‘NPS’) for £475m. The buyer is Tokyo Stock Exchange listed NEC Corporation (‘NEC’).
Acquired by Cinven in December 2014, NPS is a leading provider of mission-critical software and intellectual property-led services to the property sector in the UK, Australia and Canada. NPS is headquartered in the UK and has more than 2000 staff worldwide.
Ropes & Gray has advised the founders of TCP LifeSystems - a software solutions provider to life and pensions insurance companies – on their sale of the company to iPipeline UK, a leading provider of business intelligence to the UK life, pension and investment markets.
The financial terms of the deal, which was announced on 3 January 2018, have not been disclosed.
International legal practice Osborne Clarke has advised the management team of leading Portuguese low-cost gym business, Fitness Hut S.A. (“Fitness Hut”), on its buyout by Viva Gym (“Viva”), a leading Spanish low-cost gym business, in a deal led by specialist sustainable and impact investor Bridges Fund Management (“Bridges”).
Cooley advised the management team of publisher Law Business Research (LBR), a leading provider of research news, data and insight on international business law and legal markets, on its sale to Levine Leichtman Capital Partners. Cooley private equity partner Stephen Rosen led the team. The deal saw private equity firm Bowmark Capital, which acquired LBR in 2013, exit the business.
Macfarlanes has advised the management team of UK-based IT services company Northgate Public Services Limited on its £475m sale to Japanese multinational NEC Corporation from private equity firm Cinven.
Charles Russell Speechlys is delighted to have advised the shareholders of British luxury furniture brand OKA on the sale of the company to the Italian owner of Aston Martin, Investindustrial. OKA, co-founded by Lady Annabel Astor and designers Sue Jones and Lucinda Waterhouse as a mail-order business has expanded over 20 years and now has 14 shops across the UK.
Annabel Astor commented on the Charles Russell Speechlys team as follows: “Thank you all for the hard work, long hours and a very speedy result!”
McDermott has advised owner Oliver Karrié on the sale of all his shares in KBS Infra GmbH and its subsidiaries (“KBS Group”) to Cramo AG (“Cramo”).
KBS is a full-service provider for logistics in the construction sector, operating across Germany. The group plans and operates logistical services, supplies rental and set-up of construction site equipment and supplies construction sites with inbound and outbound communication.
Global law firm Norton Rose Fulbright has assistedASEC Cement SAE, an affiliate of Qalaa Holdings (CCAP.CA on the Egyptian Exchange), a leading energy and infrastructure company in Africa and the Middle East based in Cairo, Egypt) on the sale of its direct and indirect equity stake in ASEC Ciment SPA (an Algerian based company which is currently developing a cement plant in Algeria) to a private local investor.