Turnaround/Special Situations
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
BlueGem places Mamas & Papas into pre-pack, reacquires it
Sponsor has bought the company out of administration, having already owned the parent group since 2014
Endless's Enact acquires Bawtry Carbon
Enact II makes its third investment with the carbon-based products manufacturer
Causeway Capital buys Patisserie Valerie out of administration
Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
Connexio acquires Rosenberger Restaurant
Rosenberger Restaurant went into a restructuring process in December 2018 and one site has closed
