AAC Capital Partners has agreed to acquire a majority stake in Ocean Media Limited, the magazine publisher and exhibition organiser, from its current management team and institutional backers led by the Dublin-based private equity firm, Ion Equity. Completion is subject to competition clearance. Debt has been provided by Anglo Irish Bank. This is AAC Capital Partners’ first investment since its independence from ABN AMRO. It was formerly known as ABN AMRO Capital.
Target Global I closed on €300m in 2015 and is now fully deployed
Existing investor Redalpine also participates in the round for the online ticketing platform
Deal is Sortera's 13th acquisition since it was established in 2006
Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015