Turnaround/special situations - Deals - Unquote Turnaround/special situations - Deals Foreign GPs step up for large Italian deals – panel Interest from international players is growing across a variety of sectors, but political uncertainty looms https://www.unquote.com/IMG/486/23486/rome-web-185x114.jpeg https://www.unquote.com/southern-europe/analysis/3027512/foreign-gps-step-up-for-large-italian-deals-panel https://www.unquote.com/southern-europe/analysis/3027512/foreign-gps-step-up-for-large-italian-deals-panel https://www.unquote.com/southern-europe/analysis/3027512/foreign-gps-step-up-for-large-italian-deals-panel Fri, 05 Aug 2022 12:52:49 +0100 Fidelium to acquire Benteler’s Tønder and Louviers plants Fidelium intends to establish the aluminum auto parts plants as an independent entity https://www.unquote.com/IMG/333/22333/aluminium-processes-web-185x114.jpeg https://www.unquote.com/dach/official-record/3024832/fidelium-to-acquire-benteler-s-t-nder-and-louviers-plants https://www.unquote.com/dach/official-record/3024832/fidelium-to-acquire-benteler-s-t-nder-and-louviers-plants https://www.unquote.com/dach/official-record/3024832/fidelium-to-acquire-benteler-s-t-nder-and-louviers-plants Wed, 25 Aug 2021 13:04:59 +0100 New French GP Aldebaran holds first close for debut fund Aldebaran Transformation Fund I targets EUR 300m for complex buyout situations https://www.unquote.com/IMG/864/17864/euro-500-web-185x114.jpeg https://www.unquote.com/france/official-record/3024546/new-french-gp-aldebaran-holds-first-close-for-debut-fund https://www.unquote.com/france/official-record/3024546/new-french-gp-aldebaran-holds-first-close-for-debut-fund https://www.unquote.com/france/official-record/3024546/new-french-gp-aldebaran-holds-first-close-for-debut-fund Wed, 21 Jul 2021 10:46:35 +0100 Oxy Capital backs GPack Deal includes the restructuring of around €60m in debt and the injection of fresh funds, as well as managerial support https://www.unquote.com/IMG/049/20049/perfume-packaging-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3023867/oxy-capital-backs-gpack https://www.unquote.com/southern-europe/official-record/3023867/oxy-capital-backs-gpack https://www.unquote.com/southern-europe/official-record/3023867/oxy-capital-backs-gpack Mon, 17 May 2021 11:42:26 +0100 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 https://www.unquote.com/IMG/180/19180/euros-five-billion-web-185x114.jpeg https://www.unquote.com/dach/official-record/3023567/aurelius-raises-first-fund-for-institutional-investors https://www.unquote.com/dach/official-record/3023567/aurelius-raises-first-fund-for-institutional-investors https://www.unquote.com/dach/official-record/3023567/aurelius-raises-first-fund-for-institutional-investors Mon, 19 Apr 2021 10:01:23 +0100 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 https://www.unquote.com/IMG/433/25433/matthew-hamilton-allen-185x114.jpeg https://www.unquote.com/unquote/sponsored/3022701/q-a-rutlands-birt-and-hamilton-allen https://www.unquote.com/unquote/sponsored/3022701/q-a-rutlands-birt-and-hamilton-allen https://www.unquote.com/unquote/sponsored/3022701/q-a-rutlands-birt-and-hamilton-allen Tue, 02 Feb 2021 09:32:00 +0000 Fidelium Partners acquires RET Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan https://www.unquote.com/IMG/164/21164/car-bodywork-factory-web-185x114.jpeg https://www.unquote.com/dach/official-record/3022504/fidelium-partners-acquires-ret https://www.unquote.com/dach/official-record/3022504/fidelium-partners-acquires-ret https://www.unquote.com/dach/official-record/3022504/fidelium-partners-acquires-ret Mon, 18 Jan 2021 12:21:10 +0000 Accursia acquires GA Actuation Systems Automotive and aviation original equipment manufacturer was sold in a process led by Carlsquare https://www.unquote.com/IMG/236/22236/brake-pedal-185x114.jpeg https://www.unquote.com/dach/official-record/3022172/accursia-acquires-ga-actuation-systems https://www.unquote.com/dach/official-record/3022172/accursia-acquires-ga-actuation-systems https://www.unquote.com/dach/official-record/3022172/accursia-acquires-ga-actuation-systems Mon, 14 Dec 2020 12:36:45 +0000 HVD Partners sells Solifos to trade Turnarounds specialist scores 9x MM and an IRR of 135% on the sale, according to a statement https://www.unquote.com/IMG/980/17980/fibre-networks-web-185x114.jpeg https://www.unquote.com/dach/official-record/3022148/hvd-partners-sells-solifos-to-trade https://www.unquote.com/dach/official-record/3022148/hvd-partners-sells-solifos-to-trade https://www.unquote.com/dach/official-record/3022148/hvd-partners-sells-solifos-to-trade Fri, 11 Dec 2020 12:10:27 +0000 Carlyle buys Officine Maccaferri Maccaferri filed for the bankruptcy protection procedure known as "concordato preventivo con riserva" in May 2020 https://www.unquote.com/IMG/999/24999/gabions-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3022029/carlyle-buys-officine-maccaferri https://www.unquote.com/southern-europe/official-record/3022029/carlyle-buys-officine-maccaferri https://www.unquote.com/southern-europe/official-record/3022029/carlyle-buys-officine-maccaferri Thu, 03 Dec 2020 11:34:28 +0000 LionRock rescues Clarks in £100m deal Asian GP will acquire a majority stake in Clarks as it enters a company voluntary agreement https://www.unquote.com/IMG/984/24984/clarks-web-185x114.jpeg https://www.unquote.com/uk/official-record/3021679/lionrock-rescues-clarks-in-gbp100m-deal https://www.unquote.com/uk/official-record/3021679/lionrock-rescues-clarks-in-gbp100m-deal https://www.unquote.com/uk/official-record/3021679/lionrock-rescues-clarks-in-gbp100m-deal Thu, 05 Nov 2020 12:32:15 +0000 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 https://www.unquote.com/IMG/309/12309/helicoptor-rotor-web-185x114.jpeg https://www.unquote.com/france/official-record/3021572/ace-buys-astorgs-aries-alliance-injects-eur20m-in-new-money https://www.unquote.com/france/official-record/3021572/ace-buys-astorgs-aries-alliance-injects-eur20m-in-new-money https://www.unquote.com/france/official-record/3021572/ace-buys-astorgs-aries-alliance-injects-eur20m-in-new-money Wed, 28 Oct 2020 11:53:00 +0000 Mutares buys Valmet's engineering services Acquisition of the automotive engineering company is Mutares' sixth platform investment of 2020 https://www.unquote.com/IMG/148/21148/car-wheel-alignment-web-185x114.jpeg https://www.unquote.com/dach/official-record/3021394/mutares-buys-valmets-engineering-services https://www.unquote.com/dach/official-record/3021394/mutares-buys-valmets-engineering-services https://www.unquote.com/dach/official-record/3021394/mutares-buys-valmets-engineering-services Wed, 14 Oct 2020 12:03:22 +0100 Callista acquires Nabtesco ITG Automotive supplier will be renamed Compressor & Components Manufacturing following the carve-out https://www.unquote.com/IMG/114/13114/gearbox-web-185x114.jpeg https://www.unquote.com/dach/official-record/3021297/callista-acquires-nabtesco-itg https://www.unquote.com/dach/official-record/3021297/callista-acquires-nabtesco-itg https://www.unquote.com/dach/official-record/3021297/callista-acquires-nabtesco-itg Tue, 06 Oct 2020 12:02:18 +0100 PrecapitalPartners to acquire Dat Backhus Special situations investor is to acquire the bakery chain after its April 2020 insolvency filing https://www.unquote.com/IMG/992/18992/pro-baking-web-185x114.jpeg https://www.unquote.com/dach/official-record/3021278/precapitalpartners-to-acquire-dat-backhus https://www.unquote.com/dach/official-record/3021278/precapitalpartners-to-acquire-dat-backhus https://www.unquote.com/dach/official-record/3021278/precapitalpartners-to-acquire-dat-backhus Mon, 05 Oct 2020 12:08:58 +0100 Sun Capital's Flabeg acquired by lender Cordet Cordet Capital provided financing for the automotive glass parts supplier in 2016 and 2018 https://www.unquote.com/IMG/778/14778/car-lamp-web-185x114.jpeg https://www.unquote.com/dach/official-record/3021273/sun-capitals-flabeg-acquired-by-lender-cordet https://www.unquote.com/dach/official-record/3021273/sun-capitals-flabeg-acquired-by-lender-cordet https://www.unquote.com/dach/official-record/3021273/sun-capitals-flabeg-acquired-by-lender-cordet Mon, 05 Oct 2020 11:46:25 +0100 Carlyle makes new offer for Officine Maccaferri Restructuring plan includes the acquisition of all the shares of Maccaferri https://www.unquote.com/IMG/999/24999/gabions-web-185x114.jpeg https://www.unquote.com/southern-europe/news/3021228/carlyle-makes-new-offer-for-officine-maccaferri https://www.unquote.com/southern-europe/news/3021228/carlyle-makes-new-offer-for-officine-maccaferri https://www.unquote.com/southern-europe/news/3021228/carlyle-makes-new-offer-for-officine-maccaferri Wed, 30 Sep 2020 12:20:20 +0100 ND Industrial Investments acquires EGo Mobile Electric car producer was valued at €1bn prior to its self-administration filing in April 2020 https://www.unquote.com/IMG/844/24844/ego-185x114.jpeg https://www.unquote.com/dach/official-record/3020860/nd-industrial-investments-acquires-ego-mobile https://www.unquote.com/dach/official-record/3020860/nd-industrial-investments-acquires-ego-mobile https://www.unquote.com/dach/official-record/3020860/nd-industrial-investments-acquires-ego-mobile Wed, 02 Sep 2020 12:27:10 +0100 CE Capital acquires Walter Hundhausen Iron castings manufacturer filed for insolvency in May 2020, as did its parent company GMH Guss https://www.unquote.com/IMG/062/20062/foundry-casting-web-185x114.jpeg https://www.unquote.com/dach/official-record/3020783/ce-capital-acquires-walter-hundhausen https://www.unquote.com/dach/official-record/3020783/ce-capital-acquires-walter-hundhausen https://www.unquote.com/dach/official-record/3020783/ce-capital-acquires-walter-hundhausen Wed, 26 Aug 2020 11:29:25 +0100 Vangionen Capital backs Guenter Hofstetter Vangionen is acquiring the company following its filing for bankruptcy at a court in Heilbronn in June https://www.unquote.com/IMG/546/21546/engine-cylinder-block-web-185x114.jpeg https://www.unquote.com/dach/official-record/3020703/vangionen-capital-backs-guenter-hofstetter https://www.unquote.com/dach/official-record/3020703/vangionen-capital-backs-guenter-hofstetter https://www.unquote.com/dach/official-record/3020703/vangionen-capital-backs-guenter-hofstetter Wed, 19 Aug 2020 11:44:47 +0100 Pentapart buys Westiform Germany from insolvency Signage company filed for insolvency in 2019, citing a fall in revenues from automotive clients https://www.unquote.com/IMG/701/24701/digital-signage-185x114.jpeg https://www.unquote.com/dach/official-record/3020519/pentapart-buys-westiform-germany-from-insolvency https://www.unquote.com/dach/official-record/3020519/pentapart-buys-westiform-germany-from-insolvency https://www.unquote.com/dach/official-record/3020519/pentapart-buys-westiform-germany-from-insolvency Tue, 04 Aug 2020 11:49:03 +0100 THCP-backed Byron to be acquired out of administration Existing investors, including Three Hills Capital Partners, will retain a minority share https://www.unquote.com/IMG/195/20195/casual-dining-burger-web-185x114.jpeg https://www.unquote.com/uk/official-record/3020500/thcp-backed-byron-to-be-acquired-out-of-administration https://www.unquote.com/uk/official-record/3020500/thcp-backed-byron-to-be-acquired-out-of-administration https://www.unquote.com/uk/official-record/3020500/thcp-backed-byron-to-be-acquired-out-of-administration Mon, 03 Aug 2020 12:13:31 +0100 Donau Invest backs Curasan restructuring Pharmaceutical company will be delisted and acquired by Donau Invest, subject to creditor agreement https://www.unquote.com/IMG/574/18574/bones-web-185x114.jpeg https://www.unquote.com/dach/official-record/3020009/donau-invest-backs-curasan-restructuring https://www.unquote.com/dach/official-record/3020009/donau-invest-backs-curasan-restructuring https://www.unquote.com/dach/official-record/3020009/donau-invest-backs-curasan-restructuring Mon, 29 Jun 2020 12:32:11 +0100 Endless buys Golfino Deal marks the GP's first investment in a Germany-based company, according to Unquote Data https://www.unquote.com/IMG/577/21577/golf-kit-web-185x114.jpeg https://www.unquote.com/dach/official-record/3018634/endless-buys-golfino https://www.unquote.com/dach/official-record/3018634/endless-buys-golfino https://www.unquote.com/dach/official-record/3018634/endless-buys-golfino Fri, 13 Mar 2020 12:07:10 +0000 Prudentia backs Metz-Amnéville zoological park GP is investing via its maiden fund, France Industrie I, which closed on €100m in 2018 https://www.unquote.com/IMG/696/23696/tiger-zoo-web-185x114.jpeg https://www.unquote.com/france/official-record/3017756/prudentia-backs-metz-amneville-zoological-park https://www.unquote.com/france/official-record/3017756/prudentia-backs-metz-amneville-zoological-park https://www.unquote.com/france/official-record/3017756/prudentia-backs-metz-amneville-zoological-park Mon, 06 Jan 2020 12:14:27 +0000 DBay acquires Eddie Stobart for £55m DBay has also negotiated a new revolving credit facility for the transport and logistics company https://www.unquote.com/IMG/625/23625/eddie-stobart-web-185x114.jpeg https://www.unquote.com/uk/official-record/3017593/dbay-acquires-eddie-stobart-for-gbp75m https://www.unquote.com/uk/official-record/3017593/dbay-acquires-eddie-stobart-for-gbp75m https://www.unquote.com/uk/official-record/3017593/dbay-acquires-eddie-stobart-for-gbp75m Wed, 11 Dec 2019 11:50:00 +0000 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 https://www.unquote.com/IMG/499/23499/baby-car-seat-web-185x114.jpeg https://www.unquote.com/unquote/news/3017203/bluegem-places-mamas-papas-into-pre-pack-reacquires-it https://www.unquote.com/unquote/news/3017203/bluegem-places-mamas-papas-into-pre-pack-reacquires-it https://www.unquote.com/unquote/news/3017203/bluegem-places-mamas-papas-into-pre-pack-reacquires-it Mon, 11 Nov 2019 11:45:00 +0000 Endless's Enact acquires Bawtry Carbon Enact II makes its third investment with the carbon-based products manufacturer https://www.unquote.com/IMG/476/17476/zinc-powder-web-185x114.jpeg https://www.unquote.com/uk/official-record/3016878/endlesss-enact-acquires-bawtry-carbon https://www.unquote.com/uk/official-record/3016878/endlesss-enact-acquires-bawtry-carbon https://www.unquote.com/uk/official-record/3016878/endlesss-enact-acquires-bawtry-carbon Thu, 17 Oct 2019 11:36:40 +0100 Causeway Capital buys Patisserie Valerie out of administration Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m https://www.unquote.com/IMG/205/22205/patisserie-valerie-185x114.jpeg https://www.unquote.com/uk/official-record/3013760/causeway-capital-buys-patisserie-valerie-out-of-administration https://www.unquote.com/uk/official-record/3013760/causeway-capital-buys-patisserie-valerie-out-of-administration https://www.unquote.com/uk/official-record/3013760/causeway-capital-buys-patisserie-valerie-out-of-administration Fri, 15 Feb 2019 10:37:40 +0000 True rescues portfolio company TyresOnTheDrive GP previously invested in the tyre e-commerce business, which entered administration in January https://www.unquote.com/IMG/997/17997/car-tyres-185x114.jpeg https://www.unquote.com/uk/official-record/3013733/true-rescues-portfolio-company-tyresonthedrive https://www.unquote.com/uk/official-record/3013733/true-rescues-portfolio-company-tyresonthedrive https://www.unquote.com/uk/official-record/3013733/true-rescues-portfolio-company-tyresonthedrive Thu, 14 Feb 2019 10:09:21 +0000 Connexio acquires Rosenberger Restaurant Rosenberger Restaurant went into a restructuring process in December 2018 and one site has closed https://www.unquote.com/IMG/165/22165/buffet-restaurant-185x114.jpeg https://www.unquote.com/dach/official-record/3013638/connexio-acquires-rosenberger-restaurant https://www.unquote.com/dach/official-record/3013638/connexio-acquires-rosenberger-restaurant https://www.unquote.com/dach/official-record/3013638/connexio-acquires-rosenberger-restaurant Wed, 06 Feb 2019 11:38:28 +0000 US-based Indigo Partners invests in struggling airline Wow Wow has faced financial difficulties in recent months and has cut four aircraft from its fleet https://www.unquote.com/IMG/846/21846/wow-airline-web-185x114.jpeg https://www.unquote.com/nordics/official-record/3012818/us-based-indigo-partners-invests-in-struggling-airline-wow https://www.unquote.com/nordics/official-record/3012818/us-based-indigo-partners-invests-in-struggling-airline-wow https://www.unquote.com/nordics/official-record/3012818/us-based-indigo-partners-invests-in-struggling-airline-wow Fri, 30 Nov 2018 11:02:02 +0000 Investec and SC Lowy acquire Gaucho's debt Transaction reportedly forms part of a deal to acquire the restaurant chain out of administration https://www.unquote.com/IMG/373/18373/steak-web-185x114.jpeg https://www.unquote.com/uk/news/3011510/investec-and-sc-lowry-acquire-gauchos-debt https://www.unquote.com/uk/news/3011510/investec-and-sc-lowry-acquire-gauchos-debt https://www.unquote.com/uk/news/3011510/investec-and-sc-lowry-acquire-gauchos-debt Thu, 30 Aug 2018 11:24:00 +0100 Alitalia sale process extended, PE still in the running US-based GP Cerberus is reportedly still bidding for Italy's insolvent flag carrier https://www.unquote.com/IMG/344/19344/alitalia-web-185x114.jpeg https://www.unquote.com/southern-europe/news/3007018/alitalia-sale-process-extended-pe-still-in-the-running https://www.unquote.com/southern-europe/news/3007018/alitalia-sale-process-extended-pe-still-in-the-running https://www.unquote.com/southern-europe/news/3007018/alitalia-sale-process-extended-pe-still-in-the-running Mon, 16 Oct 2017 11:07:20 +0100 Sherpa acquires Hedonai for €19.3m GP acquires the Spanish healthcare and personal beauty business out of insolvency https://www.unquote.com/IMG/422/16422/ultrasound-spine-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3007001/sherpa-acquires-hedonai-for-eur193m https://www.unquote.com/southern-europe/official-record/3007001/sherpa-acquires-hedonai-for-eur193m https://www.unquote.com/southern-europe/official-record/3007001/sherpa-acquires-hedonai-for-eur193m Fri, 13 Oct 2017 11:51:21 +0100 Deal in Focus: Idea CCR I in turnaround for Pigna Investment in struggling pulp and paper company is the third investment by the debt-for-equity investor https://www.unquote.com/IMG/266/18266/stationery-notepads-web-185x114.jpeg https://www.unquote.com/southern-europe/analysis/3004882/deal-in-focus-idea-ccr-i-in-turnaround-for-pigna https://www.unquote.com/southern-europe/analysis/3004882/deal-in-focus-idea-ccr-i-in-turnaround-for-pigna https://www.unquote.com/southern-europe/analysis/3004882/deal-in-focus-idea-ccr-i-in-turnaround-for-pigna Thu, 11 May 2017 10:48:16 +0100 Avenue Capital et al. buy Selcom Elettronica Deal follows the insolvency proceedings filed for the business in March 2017 https://www.unquote.com/IMG/603/16603/microchip-2-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3004810/avenue-capital-et-al-buy-selcom-elettronica https://www.unquote.com/southern-europe/official-record/3004810/avenue-capital-et-al-buy-selcom-elettronica https://www.unquote.com/southern-europe/official-record/3004810/avenue-capital-et-al-buy-selcom-elettronica Fri, 05 May 2017 11:21:07 +0100 RCapital invests in Cluttons Chartered surveyor has suffered from difficult trading conditions and legacy issues https://www.unquote.com/IMG/309/18309/chartered-surveyor-web-185x114.jpeg https://www.unquote.com/uk/official-record/3004805/rcapital-invests-in-cluttons https://www.unquote.com/uk/official-record/3004805/rcapital-invests-in-cluttons https://www.unquote.com/uk/official-record/3004805/rcapital-invests-in-cluttons Fri, 05 May 2017 10:30:42 +0100 Quantum buys train maintenance firm Bahnwerk Eberswalde Turnaround strategy includes portfolio synergies and reduced staff numbers https://www.unquote.com/IMG/514/16514/train-mintenance-web-185x114.jpeg https://www.unquote.com/dach/official-record/3001080/quantum-buys-train-maintenance-firm-bahnwerk-eberswalde https://www.unquote.com/dach/official-record/3001080/quantum-buys-train-maintenance-firm-bahnwerk-eberswalde https://www.unquote.com/dach/official-record/3001080/quantum-buys-train-maintenance-firm-bahnwerk-eberswalde Tue, 12 Jul 2016 11:03:49 +0100