BusinessLive Wales’ Post

KANTER Advokatbyrå has acted as legal advisor to Marshall Group in HongShan Capital Group’s (HSG) majority stake acquisition of shares in Marshall Group.   HSG, a leading venture capital and private equity firm, has signed a definitive agreement to acquire a majority stake in Marshall Group in a deal valued at €1.1 billion. The Marshall family will retain a significant minority stake of over 20 percent following the transaction.   The acquisition follows an agreement between HSG and current stakeholders, including Altor, Telia Company, Time for Growth and Zenith VC.   KANTER’s core team consisted of Charlotta Poehler, Jimmy Gärd, Alexander Yeibio and Andreas Wistrand.

Stibbe has advised CIM Group on the founding of and investment in Round Hill Capital Ventures, a joint venture focused on residential real estate investment, development, and management. This strategic collaboration, led by Round Hill Capital and CIM Group, will initially manage $2.1 billion in investments, positioning the new entity for accelerated growth and enhanced global capital partnerships. Heleen Kersten, Sera Hendrix, Frédérique van der Wegen, Natalja van Hofwegen, Swaen van Koningsbruggen and Ingrid Viertelhauzen were part of the team.

In this article, we explore Project-Based Joint Ventures (PBJVs) – strategic collaborations that involve pooling resources and expertise for specific projects. Learn how PBJVs can help mitigate risks, foster innovation, and cultivate long-term relationships while addressing challenges through meticulous planning and strong leadership. #PBJVs #PBJV #fridaythoughts #business #jointventures #projects #commercialprojects #knowledgesharing https://lnkd.in/g23NPkMR

Investment & Development Ventures, LLC has sold a 349,875-square-foot industrial building in Las Vegas. AEW paid $54.3 million for the Class A property: https://lnkd.in/giHnbY3u

JOINT VENTURE NEWS: PGIM Real Estate and PITHOS CAPITAL have launched a joint venture in France to acquire and reposition self-storage assets. PGIM Real Estate made the investment on behalf of its European value-add strategy. PGIM Real Estate is the $212 billion real estate investment firm of PGIM and the third-largest real estate firm globally.

System Lift Ends Partnership with Dornseiff & Scheurer System Lift, the German-based rental firm, is ending its partnership with Dornseiff Arbeitsbühnen and Ferdinand Scheurer. The move follows both companies joining the DID Group, now majority-owned by private equity firm Aurelius Investments. CEO Malte Bilau stated the decision was necessary to preserve the network's owner-managed values and long-term stability. The separation, effective by December 31, 2025, ensures fairness to all involved. This marks a pivotal shift for System Lift as it remains committed to strong, owner-managed companies. Get the full article here: https://lnkd.in/e_-69T6Z #SystemLift #PrivateEquity #OwnerManaged #LiftIndustry #Partnerships #BusinessNews

SeaFort Capital Inc. has announced a majority investment in GHY International, a leading North American provider of trade compliance and brokerage services. Winnipeg-based Jessiman Family Investments Inc. joined the transaction as a co-investor. The deal ensures the continued growth of GHY's legacy while maintaining its market-leading service standards. https://lnkd.in/eT9Dqyqr #LBO #Buyouts

Verdion has secured a further €100m commitment for VELF 2, taking the level of closed capital in its second value-add fund to over €300m. The closing at the end of 2024 follows a €150m commitment in September of the same year by CBRE Investment Management, on behalf of its Indirect Private Real Estate Division. Initial closings of €75m were sourced exclusively from #investors in the inaugural 2020 vintage of Verdion’s flagship VELF fund series. Capital-raising is ongoing. Verdion European Logistics Fund 2 has a value-add strategy to acquire and reposition under-capitalised and under-managed #logistics properties in established locations across Northern #Europe, leveraging Verdion’s vertically integrated team and #technical expertise to undertake refurbishment and development projects in-house.  Activity is already underway with Verdion recently agreeing a second #acquisition and major pre-let to cosmetics distribution brand Saether near the northern Danish port city of Helsingor. Its first asset – a €33.5m, DGNB Gold-certified distribution centre at Horsens within Denmark’s triangle region – completed mid last year. A pipeline of further acquisitions is in place, with a focus on #Germany, in addition to #Sweden, #Denmark and the #Netherlands.  Verdion’s first fund, VELF 1, reached final close in 2020, having raised €158m. Together with debt, it has invested over €300m on the acquisition and enhancement of eleven logistics assets across Germany, the Netherlands, Denmark and #Czechia. Following the sale of a facility for UPS next to Prague Airport in 2022, the disposal of assets in Germany and the Netherlands is well advanced and expected to be completed in Q1 2025.  Simon Walter, Executive Director – Investment Management, at Verdion, said: “This commitment is a further sign of confidence in our approach, amid a challenging capital raising environment. Interest in our value-add strategy is strong, and our focus on creating and repositioning into market-leading assets with technical #innovation and excellent #ESG credentials at their core remains attractive to investors from the US, Northern Europe and Asia-Pacific.”   https://lnkd.in/ehENY7X7

JOINT VENTURE NEWS: BKM Capital Partners has recapitalized three San Diego business parks from its BKM Industrial Value Fund II with Tokyu Land Corporation U.S. for $76.9 million.

Southeast Asia has a great potential of PE secondary growth with large untapped pool of demand to be served. There are however several key factors for potential secondary seller and GP to consider in driving LP-led and GP-led VC secondary transactions in the region. Bee Alternatives’ Founding Partner Yuliang Chen had provided key insights and observations from secondary buyer’s perspective which would help to move a VC secondary transaction forward.    Thanks DealStreetAsia and Nguyen Thi Bich Ngoc for the coverage. #BeeAlternatives #PrivateEquitySecondaries #privateequity #secondaries #venturecapital #growthcapital #alternativeinvestments #liquidity #GPled #LPled #continuationfund #unpri #asean #sea #limitedpartner #generalpartner https://lnkd.in/gsTEG3KS