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Permira to exit Hugo Boss investment: Reuters

Hugo Boss (BOSSn.DE) on Monday said a 12 percent stake owned by investors, including private equity fund Permira [PERM.UL], was being sold off, a placement that would increase the luxury fashion retailer’s free float to 91 percent of its share capital.

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Permira to acquire Teraco

Permira has agreed to buy Teraco, a provider of carrier neutral data center services in Sub-Saharan Africa. No financial terms were disclosed. The transaction is expected to close in 2015. Torch Partners advised Permira on the deal. In addition to the acquisition, Permira’s Richard Sanders and Michail Zekkos have been added to Teraco’s board.

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Permira to acquire Metalogix

Permira has agreed to buy Metalogix, a provider of content infrastructure management software. No financial terms were disclosed. After the deal closes, Metalogix backers Insight Venture Partners and Bessemer Venture Partners will exit their stakes in the company.

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Permira inks $3.51 bln sale of Arysta LifeScience

Platform Specialty Products Corp. said Monday it has agreed to buy Arysta LifeScience for about $3.51 billion. Arysta, a crop protection and life science companies, is backed by Permira. Permira is expected to receive about $2.91 billion in cash and a $600 million in a preferred note in Platform. Credit Suisse, Barclays, UBS Investment Bank and Nomura Securities International acted as M&A advisors to Platform. Credit Suisse, UBS Investment Bank, and Nomura have committed financing for the acquisition. Morgan Stanley and J.P. Morgan provided financial advice to Permira.

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peHUB Second Opinion

In Second Opinion, Apple officially welcomes Beats to its family, you can now legally unlock your cellphones in the U.S., Alibaba invests $120 mln in Kabam and it’s okay to feel good about the U.S. economy.

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Permira closes $7.2 bln for fifth fund

Permira has raised $7.2 billion in the final close of its fifth fund. Although the LPs were not named, according to the firm, 72 percent of the total committed capital for the fund were from previous backers.

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