Hellman & Friedman acquires Italian software company TeamSystem

By Iris Dorbian — 2 months ago

Hellman & Friedman LLC has acquired a controlling stake in Italian software company TeamSystem Holding SpA. No financial terms were disclosed. The sellers are HgCapital, Bain Capital, ICG and TeamSystem’s management. However, HgCapital “intends” to retain a minority stake in TeamSystem while company management will continue to invest in it. Mediobanca SpA provided financial advice to Hellman & Friedman on this transaction while Rothschild did likewise for HgCapital.

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Evercore adds new MD to staff

By Iris Dorbian — 5 months ago

Evercore has hired Finula Cilliers as a managing director in the firm’s debt advisory group in London. Prior to joining Evercore, Cilliers worked at Rothschild in London where she served as a director and was the head of its derivatives and hedging advisory team.

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EQT to buy majority stake in NAC

By Iris Dorbian — 6 months ago

EQT has agreed to acquire Nordic Aviation Capital, a Denmark-based turboprop aircraft leasing company. KIRKBI Invest A/S is also co-investing. Although the exact sum of the deal was not disclosed, it will put NAC at a 3.3 billion valuation at its completion. As part of the transaction, Martin Møller, founder of NAC, will continue as both chairman and a “significant” shareholder. Rothschild, Clifford Chance, PwC and E&Y advised NAC while Goldman Sachs, Accura, Freshfields, Bain & Co, IBA and PwC advised EQT.

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Advent, Bain and Clessidra to buy ICBPI

By Iris Dorbian — 8 months ago

A consortium comprised of Advent International, Bain Capital and Clessidra have agreed to acquire Istituto Centrale delle Banche Popolari Italiane S.p.A. for a consideration of 2.15 billion euros. Rothschild, HSBC and Vitale & Associati served as financial advisors to consortium. Based in Milan, ICBPI is a banking services provider.

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CD&R exits BCA

By Iris Dorbian — 11 months ago

Clayton, Dubilier & Rice has sold British Car Auctions, a Europe-based seller of used vehicles, to Haversham Holdings for about 1.2 billion pounds. According to terms of the deal, BCA shareholders will receive 701 million pounds in cash and 104 million pounds in stock. The transaction is expected to be completed in early April. HSBC Bank plc, J.P. Morgan Limited, Rothschild and UBS Limited provided financial advice to CD&R.

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The Foschini Group buys Phase Eight for $362.1 mln

By Luisa Beltran — 1 year ago

TowerBrook Capital Partners has sold Phase Eight to The Foschini Group in a deal valued at £238 million (US$362.1 million). Phase Eight is a womenswear brand that sells wedding dresses, knitwear and evening wear. Weil, Gotshal & Manges, Rothschild and Deloitte advised TowerBrook.

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Apax Partners to acquire Dutch software firm Exact

By Iris Dorbian — 1 year ago

Apax Partners has agreed to buy Exact Holding for 730 million euros, the latter firm confirmed on its site. Rothschild and Lazard are providing financial advice to Exact on the transaction while Leonardo & Co., RBC Capital Markets, Deutsche Bank and ING Corporate Finance are serving as financial advisors to Apax. Based in The Netherlands, Exact is a business software provider. To read the announcement, visit here.

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