Nomad to buy Findus Group’s European frozen food business

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.


UBS taps Goldman Sachs’ Justicz as MD

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.

Copies of Harper Lee's book "Go Set a Watchman" are displayed on a table inside of a Barnes & Noble store in New York, July 14, 2015. "Go Set a Watchman," the much-anticipated second novel by "To Kill a Mockingbird" author Harper Lee, is the most pre-ordered print title on since the last book in the "Harry Potter" series, Amazon said. REUTERS/Lucas Jackson

PE HUB Second Opinion

In Second Opinion, Amazon’s “Prime Day” sales reportedly beats Black Friday, Toshiba expects to book up to $3 billion losses over an accounting scandal and Harper Lee’s new novel “Go Set a Watchman,” which portrays iconic character Atticus Finch in a less than favorable light, sets a one-day sales record for Barnes & Noble.


PE-backed Patheon files for IPO

Durham, North Carolina-based Patheon, a provider of outsourced pharmaceutical development and manufacturing services, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. J.P. Morgan, Morgan Stanley, Jefferies and UBS are serving as the lead underwriters. Patheon is owned by JLL Partners and Royal DSM.

Zeus Capital promotes Allen to research head

Zeus Capital has promoted Mike Allen to head of research. Prior to joining Zeus, Allen worked at Panmure Gordon, UBS and Numis Securities. Allen first joined Zeus Capital as a research director in September 2014.

Evercore taps Calvert as MD

Evercore has named Lea Lazaric Calvert as a managing director for the firm’s private capital advisory business. Calvert’s appointment begins in July. Previously, she worked at UBS where she served as an executive director and was a member of the company’s private funds group.


Noah Keys joins AlpInvest as a principal

AlpInvest Partners, The Carlyle Group‘s private equity fund of funds, recently named Noah Keys as a principal, according to a spokesperson at Carlyle. In his new position, Keys will be responsible for secondaries and co-investments in the energy, infrastructure and natural resources industries.
Previously, Keys served as an executive director in UBS Investment Bank’s global energy group.


Apax to buy Azelis

3i has agreed to sell Atlas Holding SA, the holding company of the Azelis Group, to Apax Partners. Financial terms weren’t announced. Azelis is a pan-European speciality chemical distributor. 3i acquired a majority of Azelis in 2007. JP Morgan is providing financing. UBS acted as financial advisor to the Apax funds while Greenhill acted as financial advisor to 3i.

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