ArcLight to buy TransMontaigne for $350 mln

By Iris Dorbian — 1 month ago

NGL Energy Partners LP has agreed to sell TransMontaigne GP LLC to ArcLight Capital Partners for $350 million cash. The deal is expected to close by the end of this month. UBS Investment Bank is providing financial advice to NGL on the transaction while BofA Merrill Lynch is doing likewise for ArcLight. Denver-based TLPGP is the general partner of TransMontaigne Partners LP, a terminaling and transportation company.

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Apax Partners to exit Italian auto parts maker Rhiag

By Iris Dorbian — 2 months ago

Apax Partners has agreed to sell Italian auto parts maker Rhiag-Inter Auto Parts Italia S.p.A to LKQ Corp. No financial terms were disclosed for the transaction that’s expected to close early in the second quarter of 2016. BofA Merrill Lynch advised LKQ Corporation on the deal while JP Morgan and UBS advised Apax Partners and Rhiag.

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Impossible Foods racks up $108 mln Series D

By Iris Dorbian — 4 months ago

Redwood City, California-based Impossible Foods Inc, which creates meat and dairy foods from simple plant ingredients, has secured $108 million in Series D funding. UBS led the round with participation from other investors that included Viking Global Investors, Horizons Ventures, Khosla Ventures and Bill Gates.

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Nomad to buy Findus Group’s European frozen food business

By Iris Dorbian — 6 months ago

Nomad Foods has agreed to acquire Findus Group‘s European frozen food business for about 500 million pounds. The sellers, all of whom will receive 8.4 million shares of Nomad at the closing, include Highbridge Principal Strategies, Lion Capital LLP and Sankaty AdvisorsUBS Investment Bank and Credit Suisse provided financial advice to Nomad on the transaction.

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UBS taps Goldman Sachs’ Justicz as MD

By Iris Dorbian — 6 months ago

UBS has named Max Justicz as a managing director in its Americas Financial Sponsors group, the company announced today in a memo. Justicz will join UBS in the fall and be coming from Goldman Sachs. There he has served as primary coverage banker for various private equity firms and their portfolio companies that include Carlyle, CVC Capital, BC Partners, Permira, Riverstone, Silver Lake, Jordan, New Mountain Capital, Oak Hill and CCMP Capital.

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