Turnaround/Special Situations
New French GP Aldebaran holds first close for debut fund
Aldebaran Transformation Fund I targets EUR 300m for complex buyout situations
Oxy Capital backs GPack
Deal includes the restructuring of around €60m in debt and the injection of fresh funds, as well as managerial support
Aurelius raises first fund for institutional investors
Investor's €360m fund has an extra capacity of €150m from the GP's listed vehicle and will focus on carve-outs
Q&A: Rutland's Birt and Hamilton-Allen
Special situations experts discuss how the pandemic has reshaped opportunities in their market and shone a light on the role investors can play
Fidelium Partners acquires RET
Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan
Accursia acquires GA Actuation Systems
Automotive and aviation original equipment manufacturer was sold in a process led by Carlsquare
HVD Partners sells Solifos to trade
Turnarounds specialist scores 9x MM and an IRR of 135% on the sale, according to a statement
Carlyle buys Officine Maccaferri
Maccaferri filed for the bankruptcy protection procedure known as "concordato preventivo con riserva" in May 2020
LionRock rescues Clarks in £100m deal
Asian GP will acquire a majority stake in Clarks as it enters a company voluntary agreement
Ace buys Astorg's Aries Alliance, injects €20m in new money
Deal is the first for the aerospace-focused Ace Aero Partenaires fund, which reached a €630m first close
Mutares buys Valmet's engineering services
Acquisition of the automotive engineering company is Mutares' sixth platform investment of 2020
Callista acquires Nabtesco ITG
Automotive supplier will be renamed Compressor & Components Manufacturing following the carve-out
PrecapitalPartners to acquire Dat Backhus
Special situations investor is to acquire the bakery chain after its April 2020 insolvency filing
Sun Capital's Flabeg acquired by lender Cordet
Cordet Capital provided financing for the automotive glass parts supplier in 2016 and 2018
Carlyle makes new offer for Officine Maccaferri
Restructuring plan includes the acquisition of all the shares of Maccaferri
ND Industrial Investments acquires EGo Mobile
Electric car producer was valued at €1bn prior to its self-administration filing in April 2020
CE Capital acquires Walter Hundhausen
Iron castings manufacturer filed for insolvency in May 2020, as did its parent company GMH Guss
Vangionen Capital backs Guenter Hofstetter
Vangionen is acquiring the company following its filing for bankruptcy at a court in Heilbronn in June
Pentapart buys Westiform Germany from insolvency
Signage company filed for insolvency in 2019, citing a fall in revenues from automotive clients
THCP-backed Byron to be acquired out of administration
Existing investors, including Three Hills Capital Partners, will retain a minority share
Donau Invest backs Curasan restructuring
Pharmaceutical company will be delisted and acquired by Donau Invest, subject to creditor agreement
Endless buys Golfino
Deal marks the GP's first investment in a Germany-based company, according to Unquote Data
Prudentia backs Metz-Amnéville zoological park
GP is investing via its maiden fund, France Industrie I, which closed on €100m in 2018
DBay acquires Eddie Stobart for £55m
DBay has also negotiated a new revolving credit facility for the transport and logistics company
