CMS Cameron McKenna
PE firms more bullish than corporates on distressed M&A – survey
Of the PE firms surveyed, t4% cite distressed/turnaround opportunities as a major motivation for acquisitions
Phoenix acquires Spy Alarms
Phoenix invests alongside founder and CEO, Tom Howard, who is reinvesting in the company
CMS hires five in Polish transactions team
All five lawyers have joined from Clifford Chance and will focus on mandates for private equity firms
BGF invests £2.7m in The Paint Shed
Management is planning to create an additional 20 jobs over the next 24 months
CMS's Grimwood joins Goodwin
Goodwin Procter employs around 60 corporate, fund formation and PE-focused tax lawyers in London
Mayfair-backed GCI to acquire Nasstar for £79.4m
Mayfair draws equity from its second fund, which closed on ТЃ650m, to support the acquisition
Hiro holds first close for debut fund
Hiro Capital I is a fund focused on the games and digital sports technology sectors
LDC exits FCBI to Thomson Reuters
LDC backed the business events operator that will now become a part of Reuters News
DBAG invests in Cloudflight
DBAG has co-invested approximately €8m from its balance sheet, for a 12% stake in Cloudflight
Espira acquires Icon
Icon was acquired from the joint administrators of former energy broker Utilitywise
HQ Equita acquires Ebertlang in SBO
Beyond Capital acquired Ebertlang in 2017 when it sold for 1.5-2x its €10m turnover
Artá exits Gascan to UBS
Sale ends a two-year holding period for Artá, which acquired the company from Explorer Investments
Lonsdale acquires majority stake in CC&A
Deal is the eighth to be made from Lonsdale's debut fund, which writes equity cheques of ТЃ10-15m
Value4Capital acquires Kom-Eko from Royalton
Capital was deployed from V4C Poland Plus Fund alongside participation from co-investors
SEP sells Indigo Pipelines to Arjun
Divestment of the gas distribution network comes four years after SEP bought the business for ТЃ52.7m
LDC backs FC Business Intelligence MBO
Earlier reports suggested the vendors were hoping for an ТЃ80m valuation for the events company
Risk Capital makes 5x on sale of Neilson to LDC
Sale of the holiday provider brings an end to a five-year holding period for the vendor
Three Hills invests in Sigma
Investment firm acquires a minority stake in the business from the founder, Jonathan Haigh
BGF divests Duncan & Todd as part of LDC-led SBO
Opticians group will pursue an acquisitive growth strategy under LDC's ownership
Lonsdale's Mobility Group bolts on Cassellie
Acquisition is part of the group's strategy to move beyond the specialist bathrooms market
Lonsdale acquires Simmons Bars
Deal is the fifth investment made by the GP's maiden fund, which closed on ТЃ110m in 2016
Epiris acquires Portals from De La Rue for £68m
Deal for the substrate manufacturer is the first investment made by the GP as an independent manager
LDC reaps 3x return from sale of Atcore to Inflexion
Sale of reservation software developer brings to an end a three-and-a-half-year tenure for LDC
Aheim sells WAG to Kieger, CIC Capital
End of a three-and-a-half-year holding for Aheim, which wholly acquired the company in 2014