International commercial law firm McDermott Will & Emery advised Mr. Bernd Menrad on the sale of 51% of shares of MBN GmbH to Perusa GmbH, the German private equity house. MBN GmbH, with Mr. Bernd Menrad as its Chief Executive, specializes in development, production, and distribution of LED lighting. Under the brand names PROLED and MBNLED, MBN offers high quality LED lighting, control systems, and components worldwide.
Simmons & Simmons has advised Orion Mine Finance and Fusion Capital on the sale of Lynx Resources
Travers Smith LLP has advised management on the acquisition of Pure Gym by Leonard Green & Partners LP.
Leonard Green & Partners will acquire a controlling interest in Pure Gym and will replace the current majority shareholder, funds affiliated with CCMP Capital Advisors, LP, who bought a majority stake in the business in May 2013.
Global law firm Ropes & Gray has advised CCMP Capital Advisors – another new client for the London office of the firm - on the sale of its majority stake in Pure Gym, Britain’s largest gym operator, to US private equity firm Leonard Green & Partners.
The Ropes & Gray team was led by London-based private equity partner Phil Sanderson. Other members of the team included private equity associates Shona Ha and Nick Matthew, alongside tax partner Brenda Coleman and tax associate Andrew Douglas, all based in London.
Paul, Weiss client euNetworks announced the signing of a definitive merger agreement, through which Stonepeak Infrastructure Partners will acquire a majority interest in euNetworks. The transaction will also provide euNetworks with up to $500 million of committed growth capital for both organic and inorganic development. Brady Rafuse will remain the chief executive officer of the company and the existing euNetworks investors will continue to hold a material interest in the company’s new capital structure.
Orrick advised the founding shareholder of SIMICON GmbH on the sale of the company to Mesa Laboratories, Inc., a U.S. technology innovator.
SIMICON is a Munich-based producer of certified cleaning- and bio-indicators, used to assess the effectiveness of sterilization processes and hygienic reprocessing cycles.
Global law firm White & Case LLP has advised Libero Acquisition S.a.r.l. on the sale of its approximately 70 percent interest in DADA S.p.A., a company listed on the STAR segment of the Italian stock exchange, to HgCapital Partners.
DADA is a leading player in provision of online presence and visibility services, including domains, hosting, servers and online brand protection.
Charles Russell Speechlys has advised the shareholders of Charterhouse Research Limited (“Charterhouse”) on the sale of the entire issued share capital of Charterhouse to Next Fifteen Communications Group plc (“Next 15”), acquired through its data and insights subsidiary, MIG Global Limited (“MIG”).
Charterhouse is a leading specialist financial market research consultancy, founded in 2004 by four leading market researchers, Julie Irwin, Mark Dennis, Sara McFadzean and Mervyn Flack.
We advised Merlyn Industries, on its acquisition by Norcros plc, a bathroom accessories group based in the UK. The acquisition is valued at €68.3 million(£60 million).
The company reported a net profit of £5 million for the year to the end of March on sales of £30.7 million.
The selling shareholders are the family of Merlyn’s founder, Michael Hoyne, and Dublin-based investment firm Broadlake, which acquired a 30 per cent stake in the business in 2015.
International legal business DWF has advised mid-market private equity firm LDC on its £85m value sale of pipeline inspection system business Mini-Cam to Buckinghamshire-based technology group Halma plc.
International legal business DWF has advised mid-market private equity firm LDC on its £85m value sale of pipeline inspection system business Mini-Cam to Buckinghamshire-based technology group Halma plc.