Travers Smith LLP has advised long-standing client Phoenix Equity Partners and management on their sale of Riviera Travel (Riviera) to Silverfleet Capital.

A&O is advising the owners of Finnish electricity distribution and heating company Elenia on its sale to a consortium comprising Allianz Capital Partners, Macquarie Infrastructure and Real Assets and the State Pension Fund of Finland.

Corporate partner Mark Shepherd led the firm’s team with assistance from Alex Lloyd and Josh Reynolds.

Burges Salmon’s corporate team has advised Embark in relation to the launch of ‘Vested’ its new employee benefits consulting joint venture with Mazars and, separately, the sale of Embark Group’s financial planning business, RCL Consultancy, to Mazars.

Uwe Goetker, Jan Hückel and Philipp Kutscher advised online marketer Ad Up Technology AG, which was sold out of the Unister Group insolvency to Axel Springer.

Paris and New York offices represent CMA CGM, the world’s third-largest container shipping company in transaction; purchase price sets the enterprise value of APL Limited at $875 million.

TLT has advised Barclays Bank plc and the management team of ERP software solutions provider Lakeview on its sale to Kerridge Commercial Systems (KCS).

Lakeview focuses on the food and beverage, manufacturing, wholesale and distribution verticals, and is based in Dartford, Kent. KCS is backed by US private equity investor Accel-KKR and is an international provider of software solutions to the retail, wholesale, merchant and distribution markets.

Travers Smith LLP has advised Ascential plc on the $17.5 million sale of MEED to GlobalData.

Established in 1957, MEED, has been integral to delivering business information and news, intelligence and analysis on the Middle East economies and activities ever since. Attracting a key senior management audience through its content and activities, MEED is a media brand and publication that covers a spectrum of services that inform. MEED serves the needs of a discerning international business audience in over 70 countries worldwide.

Mayer Brown represented the Steadfast Capital Fund III L.P. and AVS Management on the sale of its shares in AVS Group to funds advised by Triton and the AVS management. The sale is subject to approval by the antitrust authorities. The purchase price was not disclosed.

Anisa Consolidated Holdings Limited (“Anisa”) specialises in the delivery of world class integrated supply chain and enterprise resource planning. Anisa has around 250 customers and operates from offices in London, Runcorn, Liverpool and Solihull within the UK. Anisa also supports operations in Singapore and Australia.