Deals

Asia Pacific

Japan heading for biggest M&A spree in the U.S.

Japan is on track this year for its biggest acquisition spree in the US as advisers tell chief executives to pounce on deals while Chinese companies are hampered by trade war tensions. The advice of bankers and lawyers to accelerate US-targeted deals has intensified over recent months in line with both the surge in trade war rhetoric and the perception...

Asia-Pacific predicted to continue to dominate M&A activity In H2 2018

Intralinks has issued its Deal Flow Predictor for the fourth quarter of 2018. In the second half of the year, growth in the global number of announced deals will resume (after a first-half pause) at roughly 7% year over year. The strongest growth in announcements will come from technology (Intralinks calls this the TMT sector because tech includes...

HNA turns M&A norms around again

Everyone used to want to be on the sell side; now they want to be on the buy side.In recent months, there has been a new game in Hong Kong investment banking called ‘Distance yourself from HNA’. It is easy to play. On the way up, everyone wanted to advise HNA, the acquisitive-though-opaque Chinese conglomerate whose big holdings include stakes in...

The Morning Leverage: Brookfield Raises at Least $3.38B for Restructuring Fund

A roundup of private equity-related news.Read More

The Morning Leverage: EIG Global Energy Caught by Breitburn’s Liquidity Woes

A collection of private equity-related news from across the Web.Read More

Europe

Foresight makes £500,000 MEIF investment into Milton Keynes-based mobile payments systems provider Swoopos

Foresight Group LLP (“Foresight”) announces a £500,000 equity investment into Mobile Pay Systems, trading as Swoopos (“Swoopos” or the “Company”) through the Midlands Engine Investment Fund (“MEIF”).  Swoopos provides a Mobile Point of Sale (“MPOS”) universal payments system that combines ePOS and cloud-based technology...

Maven Property exits investment in Hotel Indigo Glasgow

Sale of historic landmark building achieves £14.5 million through use of innovative structure Maven Property, the property arm of Maven Capital Partners, (“Maven”), has completed the £14.5 million sale of Hotel Indigo Glasgow (“the Hotel”), a four-star, 94-bedroom hotel with restaurant in the centre of the city, to Heeton Holdings (“Heeton”),...

AnaCap acquires €225m Italian loan portfolios

AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity firm, today announces its €225m acquisition of Italian NPLs in 2 separate portfolios. A €141m NPL secured portfolio was acquired from Volksbank, primarily comprised of SME loans. The majority of the portfolio is backed by property in...

Orlebar Brown sets sail from Piper to luxury fashion group Chanel

Piper, the UK’s leading specialist investor in consumer brands, has exited its investment in Orlebar Brown, the luxury swim and resort wear brand, to CHANEL SA. The terms of the transaction were not disclosed. Founded in 2007 by Adam Brown and former business partner Julia Simpson-Orlebar, Orlebar Brown pioneered the tailored approach to men’s...

Eos Venture Partners Strategic InsurTech fund makes first two investments

Eos Venture Partners (Eos), the specialist venture capital fund investing in insurance technology (InsurTech), today announced that their debut InsurTech fund, EVP I, has made its first two investments. The fund is one of the first global, strategic InsurTech investment funds targeting early and growth stage investments.  The first two investments...

Mena

MENA drops 57.6% in value of M&A

The value of mergers and acquisitions in the Middle East and North Africa region declined by 57.6 per cent in 2017, despite the deal count maintaining almost the same level as the previous year, according to Mergermarket, a provider of M&A data and intelligence. For full year 2017, 126 deals worth approximately $16 billion (Dh58.76 billion) were recorded...

Private equity consortium invests into supplier of corporate and promotional apparel

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products.  Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and...

European business deals with Iran are safe, says Tillerson

AFP Last updated: October 22, 2017 The United States does not intend to disrupt European business deals with Iran, Secretary of State Rex Tillerson said in comments published Friday.Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US Congress,...

Mourant Ozannes advises Saudi Aramco on US$10 Billion Islamic bond issuance programme

Mourant Ozannes has advised the Saudi Arabian Oil Company, otherwise known as Saudi Aramco, in connection with the corporate structuring of its first Sukuk Issuance Programme, for an issuance of up to SAR 37.5 billion (US$10 billion) Sukuk (Islamic bonds), and its SAR 11.25 billion (US$3 billion) Sukuk issuance under the Programme. The Mourant Ozannes...

Job fair offers hope for Syrian refugees in Jordan

Around 50 companies were represented at the one-day event Wednesday as they scouted for candidates to fill some 1,000 job opportunities, compiling lists of applicants by name, age and qualification.The EU-funded job fair, a first at the desert camp that houses some 80,000 refugees, comes after the launch in August of the only employment office at Zaatari...

International

Global M&A value for the first nine months of 2018 hits third-highest level on record

Western Europe and North America M&A value up year-on-yearPE/VC value increases in CEE The volume and value of global mergers and acquisitions (M&A) declined in the third quarter of 2018, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information. In all, there were...

Aretex Capital Partners Announces Investment in Building Energy

Aretex Capital Partners (‘Aretex’), an international private equity firm, announces that it has invested in Building Energy 1 Holdings plc (‘Building Energy’) through its inaugural fund. Building Energy is a global independent power producer of renewable energy.  Building Energy is the third investment for Aretex since its inception...

Naked Brand Group Limited announces term sheet for $25 million strategic investment from Sapinda Holding B.V.

Proposed 19.99% Strategic Investment from Sapinda, Owner of the Globally Recognized Italian Luxury-Lingerie Firm La Perla To Support Strategic Acquisition Efforts Worldwide Naked Brand Group Limited (NASDAQ:NAKD), a global leader in intimate apparel and swimwear ("Naked" or the "Company"), has entered into a non-binding term sheet ("Term Sheet")...

LJ Partnership makes first step into investment management space in Australasia

Continued expansion of LJ Partnership’s global investment management business LJ Partnership (soon to rebrand as Alvarium Investments), an investment firm and merchant banking partnership advising institutional and private clients, today announced that it has acquired a 50% stake in boutique investment manager, Auckland-based New Zealand Assets...

Collas Crill acts for NatWest International on Guernsey Electricity deal

Collas Crill’s Guernsey office acted as counsel to The Royal Bank of Scotland International Limited trading as NatWest International, for the bank's provision of a multi-million pound revolving credit facility to Guernsey Electricity Limited. The facility is being provided to assist Guernsey Electricity with the refinance and extension of its...