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Hackman Capital Partners Acquires Film and TV Studio Production Services Platform The MBS Group from The Carlyle Group for $650 Million

Carlyle

Washington and Los Angeles – Hackman Capital Partners announced today that it has acquired, through an affiliated entity, The MBS Group (“MBS” or the “Company”), a film and TV studio real estate and production services platform, for $650 million from global investment firm The Carlyle Group (NASDAQ: CG).

MBS operates two separate, yet complementary businesses: MBS Media Campus and MBS Services. MBS Media Campus, or Manhattan Beach Studios as it is commonly known, is a 22-acre, 587,000 square foot, state-of-the-art studio production facility located in Manhattan Beach, California.  Hackman Capital Partners acquired the real estate asset in a joint-venture with an investment partnership led by Square Mile Capital Management.  MBS Services is a multi-national, studio-based, best-in-class production services and infrastructure business with a network of more than 35 partner studios including approximately 259 stages across the top TV and film production markets globally. Together, MBS Services provides the resources and infrastructure necessary for content production, consultation services, development, management and operational oversight. The Company’s customer base includes major media and digital content producers as well as best-in-class studio real estate owners with locations in the world’s top production markets.

Michael Hackman, CEO of Hackman Capital Partners, said, “The MBS Group has become the premier platform for content producers around the world and we are thrilled to add the MBS Media Campus to our growing portfolio of studio and media assets.  As competition for content continues to increase, we see tremendous opportunities to grow this real estate platform globally with MBS’s experienced and first-rate management team.”

Edward Samek, Managing Director at Carlyle, said, “We are proud of MBS’s evolution over the past 12 years, having built from scratch the services business and expanded the platform both organically and inorganically to create a network of top studios globally. MBS is well-positioned for continued growth, and we are confident they have a bright future ahead.  We are pleased to transition this operating business to the Hackman Capital Partners team who have continued to demonstrate extraordinary stewardship of these iconic media assets.”

Richard Nelson, President and CEO of MBS, said, “Ed and the Carlyle team have been exceptional partners for over a decade. Leveraging Carlyle’s global platform, operational expertise and resources, we created and launched an innovative business that expanded from a single location in Los Angeles to become a multi-national provider of services and high-tech solutions for media and entertainment companies. We look forward to partnering with the Hackman Capital Partners team as we continue to grow our platform of providing best-in-class service to the world’s top content creators.”

Carlyle’s US real estate arm, Carlyle Realty Partners, acquired MBS Media Campus from Oaktree Capital Management in 2007. Carlyle transitioned the studio from a third-party managed real estate asset to a full-service, “one-stop-shop” TV and feature film production studio led by a hand-selected, in-house management team. Building on the success of its approach to production services at the Manhattan Beach facility, the Company launched MBS Services to expand with its growing roster of blue-chip customers. Since its inception in 2013, MBS has evolved from a single location in Los Angeles, to become a global market leader, with a physical studio network across ten states in the U.S., and multiple locations across Canada and the U.K. including many of the worlds’ most iconic film studios.

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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $223 billion of assets under management as of June 30, 2019, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,775 people in 33 offices across six continents.

About Hackman Capital Partners
Founded in 1986, Hackman Capital Partners is a privately-held, real-estate investment and operating company that focuses on buying, renovating and re-imaging vintage commercial, industrial, and studio properties.  The company started by acquiring industrial properties throughout the U.S. having owned through affiliated entities over 400 buildings in 41 states totaling 35-plus million square feet.  Recognizing the growing demand in the urban markets, Hackman Capital Partners was one of the early pioneers of converting industrial properties into creative office and media space in Southern California.  Notable projects include The Culver Studios, a historic 14.3-acre television and film studio in downtown Culver City and home to Amazon Studios; Television City Studios, the iconic former CBS broadcasting facility on 25-acres in the heart of West Hollywood; 5500 West Jefferson Blvd in Los Angeles; the Beats/Apple Southern California headquarters; Westwood One Studios in Culver City and 888 Douglas, a 550,000-square-foot creative media campus conversion on 30 acres in El Segundo.  Since inception, the Company has invested more than $4.0 billion in properties and is currently constructing approximately one million square feet of creative office and media-related campus space in Southern California.

About Square Mile Capital Management
Square Mile Capital Management LLC is an integrated institutional real estate and investment management firm based in New York. The firm’s opportunistic equity platform takes a value-oriented approach to its investment activities, with an emphasis on opportunities to acquire or capitalize real estate assets or enterprises that are undervalued, complex or undercapitalized. Square Mile Capital’s commercial real estate debt platform provides customized capital solutions for real estate owners and developers throughout the United States.  For more information, visit www.squaremilecapital.com.

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Anders Invest acquires Van Dam Machines

Anders Invest

On August 6th Anders Invest acquired Van Dam Machines. Van Dam, founded in 1962 and based in Amsterdam is one of the largest players in the world in the production and sale of printing machines for plastic and paper cups and trays, especially for the food industry. The company has a turnover of € 15-20 million and employs more than 60 people. It is the 16th investment for Anders Invest.

 

Van Dam is a world market leader in engineering, production and service of printing machines for plastic and paper packaging. The company has a worldwide customer base, consisting of printers and producers of packaging materials for the food industry. In its nearly 60 years of existence, the company has built up a large installed base of several thousand machines that can last up to 20 years, which is exceptional in this industry. Partly because of this, Van Dam has an extremely strong name in the market.

 

Van Dam, in close collaboration with an ink supplier and the largest customer, has developed a so-called In-Direct Flexo (IDF) technology with which the machines with the 4 CMYK colors can print all the required colors with a higher resolution than the conventional dry-offset technology and nevertheless at the same speed. Changeover times and batch sizes can therefore be reduced significantly. When printing paper packaging materials, IDF is the only technology capable of providing high-quality printing on this type packaging in an economical way. We expect that the paper packaging market will grow because of its sustainable image.

 

Van Dam assembles the machines in its factory in Amsterdam and sells them from the Netherlands and its American sales location in Fairfield to a worldwide clientele. The shares were acquired from director René Jepma, owner of Van Dam since 2009. The company is characterized by impressive technical expertise and a loyal and innovative team. Anders Invest is looking forward to be able to contribute to this great company. Van Dam is a good addition to our portfolio, which already has more machine manufacturing companies. Due to its exposure to the food industry it is in a robust business segment.

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K1 Announces Investment in Graduway, Leading Provider of Alumni Engagement and Career Services Management Software

K1

MANHATTAN BEACH, Calif., Aug. 7, 2019 /PRNewswire/ — K1 Investment Management (“K1”), a leading investment firm focusing on high-growth enterprise software companies, today announced its investment in Graduway, the global leader in alumni engagement and career services management software for educational institutions and non-profit organizations.

K1’s investment provides Graduway with significant resources to continue its path of accelerated growth and innovation and to rapidly expand its product suite. Additionally, the investment will allow Graduway to grow its operations in North America and to strengthen its position as the largest vendor in the market.

Graduway’s platform provides engagement, mentoring and development solutions for a global set of customers including colleges, universities, K-12 and independent schools and non-profit institutions. The company currently serves over 1,000 customers across more than 40 different countries, including an impressive list of top universities and schools such as UCLA, University of Oxford, University of Wisconsin, University of Arizona and Tulane University.

“K1’s track record of building category leaders and its experience working with high-growth software companies made them a compelling choice for partnership,” said Daniel Cohen, CEO and Founder of Graduway. “The K1 team’s unmatched resources and operational capabilities are enabling us to execute on our growth plans.”

Since K1’s initial investment in Graduway, the company has completed several strategic acquisitions to expand the capabilities and reach of its platform. These include the alumni relations and career services assets of CampusTap and the acquisition of VineUp, a rapidly growing provider of alumni mentoring software for higher education institutions. Most recently, Graduway announced the acquisition of the Communities Division of EverTrue and an exclusive integration partnership with its advancement automation platform.

The strategic consolidation of the industry solidifies Graduway’s position as the world’s largest provider of alumni relationship management software. The company has plans to further expand its suite of intelligence products, volunteering modules, event management and career services.

“We are thrilled to partner with Daniel and the Graduway team for the company’s next chapter of growth and market leadership,” said Mike Velcich, principal at K1. “Since we underwrote the investment, Graduway has already doubled its revenue and grown its team by over 80 employees.”

K1 is the only institutional investor in the company. Transaction terms were not disclosed. For additional information on the transaction, Graduway’s press release is available at https://www.prnewswire.com/news-releases/graduway-secures-60-million-investment-from-k1-investment-management-300885546.html.

About Graduway

Headquartered in the U.K. with operations in the U.S., Canada and Israel, Graduway is trusted by 1,000+ educational institutions and non-profits to power their alumni relations and digital career communities, including UCLA, Johns Hopkins and the University of Oxford. Founded in 2013 by Daniel Cohen, author of ‘Alumni Therapy’ and ‘The Mentoring Revolution’, Graduway exclusively hosts the Graduway Leaders Summit as a key gathering of leaders and executives from Alumni Relations, Career Services and Advancement. Visit Graduway at www.graduway.com.

About K1

K1 builds category leading enterprise software companies. As a global investment firm, K1 assists high-growth businesses achieve successful outcomes. K1 invests alongside strong management teams that continue to guide their organizations on a day-to-day basis. With over 85 professionals, K1 changes industry landscapes by assisting with operationally-focused growth strategies. Since inception of the firm, K1 has partnered with over 110 enterprise software companies including industry leaders such as Apttus, Buildium, Certify, Checkmarx, ChiroTouch, Chrome River, Clarizen, ControlUp, Granicus, IronScales, Jobvite, Onit, Rave Mobile Safety, RFPIO, Smarsh and WorkForce Software. For more information about K1, please visit http://www.k1capital.com or http://www.linkedin.com/company/k1im.

Source: https://www.prnewswire.com/news-releases/k1-announces-investment-in-graduway-leading-provider-of-alumni-engagement-and-career-services-management-software-300898124.html

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ClickSoftware to be Acquired by Salesforce for $1.4 Billion Enterprise Value

Franciso Partners

San Francisco and London – Francisco Partners, a leading technology-focused global private equity firm, today announced it has entered into a definitive agreement to sell ClickSoftware (“Click”) to Salesforce (NYSE: CRM) for an enterprise value of $1.4 billion. Francisco Partners took Click private in 2015.

Click is a leading provider of field service management solutions and optimization technology. The company arms field service professionals and mobile workers with innovative, AI-driven technologies and real-time schedule and route optimization at scale to improve their efficiency and effectiveness. Founded in 1997, Click is a pioneer in applying complex algorithms and artificial intelligence to workforce management and today helps manage over 1 million field resources around the world in a wide variety of industries including for organizations like Bosch, Deutsche Telekom, Ericsson and Unisys.

“Since inception, Click has had a unique technology to optimize service. It has been our pleasure to partner with the Click team for these last four years as we worked with them to accelerate innovation and growth,” said Matt Spetzler, partner at Francisco Partners. “We are grateful for the opportunity to support Click and all of its great employees. We wish them continued success as part of Salesforce,” added Petri Oksanen, partner at Francisco Partners.

“Francisco Partners provided valuable strategic support, capital, and resources that allowed us to execute on a strong strategic vision,” said Mark Cattini, CEO of ClickSoftware. “They were an exceptional partner for us and worked closely with our team to help improve many aspects of our business and accelerate growth.”

Goldman Sachs acted as the exclusive financial advisor and Paul Hastings acted as legal advisor to Francisco Partners.

Additional detail on the transaction can be found here: https://www.salesforce.com/company/news-press/press-releases/2019/08/190708-d/

About Francisco Partners

Francisco Partners is a leading global private equity firm that specializes in investments in technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has raised over $14 billion in committed capital and invested in more than 275 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit: www.franciscopartners.com

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Molecular Partners’ strategic partner Allergan announces that EMA has validated the marketing authorisation application for abicipar

Zurich-Schlieren, Switzerland, August 06, 2019. Molecular Partners AG (SIX: MOLN), a clinical-stage biotech company that is developing a new class of drugs known as DARPin® therapies*,  announced on 6 August that the European Medicines Agency (EMA) has validated the marketing authorisation application (MAA) of its strategic partner Allergan for abicipar, a novel DARPin® therapy for the treatment of nAMD. If approved, abicipar is expected to be the first anti-VEGF therapy to sustain vision gains on a true fixed 12-week dosing interval. The validation of the MAA confirms that the submission by the EMA is sufficiently complete to begin the formal review process.

Financial Calendar

August 27, 2019 Publication of Half-year Results 2019 (unaudited)
October 31, 2019 Interim Management Statement Q3 2019
December 12, 2019 R&D Day in New York

http://investors.molecularpartners.com/financial-calendar-and-events/

*DARPin® is a registered trademark owned by Molecular Partners AG

About the DARPin® Difference

DARPin® therapeutics are a new class of protein therapeutics opening an extra dimension of multi-specificity and multi-functionality. DARPin® candidates can engage more than five targets, offering potential benefits over those offered by conventional monoclonal antibodies or other currently available protein therapeutics. The DARPin® technology is a fast and cost-effective drug discovery engine, producing drug candidates with ideal properties for development and very high production yields.

With their low immunogenicity and long half-life in the bloodstream and the eye, DARPin® therapeutics have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and sight-threatening disorders. Molecular Partners is partnering with Allergan to advance clinical programs in ophthalmology and is advancing a proprietary pipeline of DARPin® drug candidates in oncology and immuno-oncology. The most advanced global product candidate is abicipar, a molecule currently in phase 3, in partnership with Allergan. Several DARPin® molecules for various ophthalmic indications are also in preclinical development. The most advanced DARPin® therapeutic candidate wholly owned by Molecular Partners, MP0250, is in phase 2 clinical development for the treatment of solid and hematological tumors. MP0274, the second-most advanced DARPin® candidate owned by Molecular Partners, binds to Her2 and inhibits downstream signaling, which leads to induction of apoptosis. MP0274 is currently in phase 1. The company’s lead immuno-oncology product candidate MP0310 is a FAP x 4-1BB multi-DARPin® therapeutic candidate designed to locally activate immune cells in the tumor by binding to FAP on tumor stromal cells (localizer) and co-stimulating T cells via 4-1BB (immune modulator). Molecular Partners has closed a collaboration agreement with Amgen for the exclusive clinical development and commercialization of MP0310. MP0310 is expected to enter into the clinic in H2 2019. Molecular Partners is also advancing a growing preclinical and research pipeline in immuno-oncology that features its “I/O toolbox? and additional development programs. DARPin® is a registered trademark owned by Molecular Partners AG.

About Molecular Partners AG

Molecular Partners AG is a clinical-stage biotech company that is developing a new class of therapies known as DARPin® therapeutics. The company continues to attract talented individuals who share the passion to develop breakthrough medicines for serious diseases. Molecular Partners has compounds in various stages of clinical and preclinical development and several more in the research stage, with a current focus on oncology and immuno-oncology. The company establishes research and development partnerships with leading pharmaceutical companies and is backed by established biotech investors.

For more information regarding Molecular Partners AG, go to: www.molecularpartners.com.

For further details, please contact:

Patrick Amstutz, CEO

patrick.amstutz@molecularpartners.com

Tel: +41 44 755 77 00

Lisa Raffensperger, International Media

lisa@tenbridgecommunications.com

Tel: +1 617 903 8783

Thomas Schneckenburger, IR & Media

thomas.schneckenburger@molecularpartners.com

Tel: +41 44 755 5728

Susan A. Noonan, IR USA

susan@sanoonan.com

Tel.: +1 212 966 3650

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Apax Funds to acquire majority stake in ADCO Group

Apax

Partnership to further strengthen ADCO’s product and service offering 

Ratingen / Germany and London / UK, August 5th, 2019: Funds advised by the global private equity advisory firm Apax Partners (the “Apax Funds”) have today announced an agreement to acquire a majority stake in ADCO Group, the global market leader in the mobile sanitary unit sector. The existing shareholders retain a significant stake. The transaction is expected to close in Q4 2019, subject to regulatory approvals.

Apax Funds to acquire majority stake in ADCO Group

Founded about 45 years ago in Germany, ADCO Group operates the DIXI® and TOI TOI® brands providing portable toilet and sanitation equipment rental and services worldwide. With 49 operating companies and more than 4,000 employees, ADCO is represented in 28 countries worldwide. The company achieved a group turnover of approx. €360 million in 2018.

Apax Partners is a leading global private equity advisory firm. The Apax Funds invest globally in companies across four sectors (Tech & Telco, Services, Healthcare and Consumer) providing long-term equity financing to build or strengthen market leaders. The Funds have a long and successful track record of partnering with route-based services businesses operating in Europe (e.g. SafetyKleen, Rhiag Group, Sulo), North America (e.g. Tosca Services) and globally (e.g. IFCO Systems, Garda World).

Apax will leverage this experience to support management with ADCO’s growth plans. This will include strengthening the company’s portfolio in existing markets, as well as identifying and realising new areas for development.

Renate Gerstenberg, CEO of ADCO Group, said: “We are very pleased to partner with Apax, who will support us alongside our existing shareholders in providing a long-term growth perspective for our company. This allows us to take the next step in developing our successful business model and investing even more in internationalisation and digitalisation. Together, we will lead ADCO into a prosperous future and continue to offer our customers innovative high-quality products and solutions, while also ensuring the company remains a great place to work for our employees.”

Frank Ehmer, Partner at Apax Partners, said: “ADCO is a great example of our strategy: backing successful, market-leading companies where our sub-sector insights, operating capabilities, and global platform can help them grow further. We are delighted to partner with the ADCO management team and its committed employees and look forward to supporting the company accelerate growth.”

Citigroup served as financial advisor to the shareholders of ADCO Group in the transaction. KWM Europe Rechtsanwaltsgesellschaft mbH supported the shareholders of ADCO Group as legal advisor, and Ernst & Young with due diligence. Houlihan Lokey provided financial advice to Apax Partners regarding the transaction and Kirkland & Ellis acted as Apax Partners’ legal counsel.

About ADCO Group

With group turnover of approx. €360 million and a worldwide presence, ADCO Umweltdienste Holding GmbH is a global leader in the mobile sanitary solutions sector. The TOI TOI® and DIXI® brands are managed by the ADCO Group. From the simple toilet cabin to the luxury container with its choice of furnishings, ADCO can offer tailored solutions to a variety of customers, covering everything from consultancy and planning to implementation and service, as well as professional and environmentally responsible disposal.

As an experienced full-service provider, the company is represented in Europe, as well as the Southeastern US and Southeast Asia with around 300,000 sanitary units. The DIXI® brand represents simplicity and practicality: the original all-purpose product. The TOI TOI® sanitary containers promise greater comfort, design and luxury.  Products range from the simple single toilet cabin to the urinal, and the VIP toilet wagon to the superior sanitary container.

ADCO consistently focuses on developing innovative products and services for its customers.  The Company is regularly innovating and improving its range of sanitary solutions in order to meet increasingly demanding customer requirements. Whether for private parties, events of all shapes and sizes, small building projects or large construction sites, the ADCO Group can always provide the right sanitary solution.

All TOI TOI & DIXI companies in Germany are state-certified waste-management companies and certified according to DIN EN ISO 9001.

About Apax Partners

Apax Partners is a leading global private equity advisory firm. Over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.$50 billion. The Apax Funds invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. For more information see: www.apax.com.

For media inquiries please contact:

For ADCO: Fuchs & Cie. GmbH

Felix Scholtysik
Partner
Phone: +49 69 1532405 52
Mobile: +49 173 4259257
Email: felix.scholtysik@fuchs-cie.de

For Apax Partners 

Global Media
Andrew Kenny
Apax Partners
Tel: +44 20 7 872 6371
Email: andrew.kenny@apax.com

US Media
Todd Fogarty
Kekst
Tel: +1 212-521 4854
Email: todd.fogarty@kekst.com

UK Media
James Madsen / Gina Bell
Greenbrook
Tel: +44 20 7952 2000
Email: apax@greenbrookpr.com

Notes to Editors:

London-headquartered Apax Partners (www.apax.com), and Paris-headquartered Apax Partners (www.apax.fr) had a shared history but are separate, independent private equity firms.

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Altor divests Enhanced Drilling to Energy Ventures Private Equity

Altor

On July 15, the Altor 2003 Fund and Altor Fund II (jointly “Altor”) signed and closed the sale of Enhanced Drilling Holding AS (“Enhanced Drilling”) to Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity and a major global oil company. EV Private Equity has been one of the most active investors in the oil and gas sector in recent years, and will together with its co-investor bring significant industry expertise and experience to the company, contributing to the growth and success of Enhanced Drilling. “We are happy that Enhanced Drilling’s leading technology has been recognized by the sector specialist EV Private Equity team and their co-investor, and we believe that the company has an exciting future ahead of it.” says Eivind Reiten, Chairman of Enhanced Drilling for multiple years and also an advisor to the Altor Funds. Altor initially invested in AGR, from which Enhanced Drilling was spun out, in 2004.

About Enhanced Drilling
Enhanced Drilling supplies innovative technical solutions and services to the global offshore industry. It has offices and facilities in Norway, Australia, Malaysia, Azerbaijan, Canada, the UK and the USA. For further information, please visit the Enhanced Drilling website at enhanced-drilling.com.

About Altor
Since inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 4.2 billion in more than 60 companies. The investments have been made in medium sized predominantly Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Dustin, Byggmax, Navico, Infotheek, Orchid, Wrist Ship Supply, Sbanken, Rossignol, Helly Hansen, SATS and Carnegie Investment Bank. For more information visit www.altor.com.

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Metalmark Capital Announces Sale of Collagen Matrix

New York, NY– Metalmark Capital (“Metalmark”), a leading private equity firm, announced that it has sold Collagen Matrix, Inc., (“Collagen Matrix”or the “Company”),a global developer and manufacturer of collagen and mineral-based medical devices. Financial terms of the transaction were not disclosed.

Founded in 1997and headquartered in New Jersey, Collagen Matrix is a leading developer and manufacturer of collagen and mineral-based products for tissue repair and regeneration. Leveraging strong product development and internal R&D capabilities, including two state-of-the-art manufacturing facilities, the Company has developed a propriety portfolio of collagen and non-collagen tissue engineering technologies that support the body’s natural ability to heal. Collagen Matrix’s products are suitable across a range of applications, including the growing device sectors of Dental, Neurosurgery, Orthopedics, Spine and Sports Medicine.

“We are proud to have partnered with the strong Collagen Matrix team during a time of considerable success for the Company,” said Howard Hoff en,Chairman and Chief Executive Officer of Metalmark. “Through numerous strategic investments since Metalmark’s investment in late 2014, Collagen Matrix has significantly strengthened its position in the marketplace. We are pleased to have supported Collagen Matrix’s sustained growth and wish the Company continued success as a trusted partner to medical device companies worldwide.

”“I’d like to thank the entire Metalmark team for their incredible collaboration,” said Bart Doedens, CEO of Collagen Matrix.“Under Metalmark’s stewardship, we have scaled our platform by expanding our product suite with innovative solutions spanning multiple clinical focus areas.Collagen Matrix is well positioned to further its proven track record as an innovation leader, delivering high-quality collagen and mineral based products for the diverse needs of our customers.”

Financial and Legal Advisors Robert W. Baird & Co.and Piper Jaffray & Co.acted as financial advisors and Ropes & Gray LLP acted as legal advisor to Collagen Matrix on the transaction.

About Metalmark Capital

Metalmark Capital is a leading private equity firm that seeks to build long-term value through active and collaborative partnerships with business owners, founders, and executives. The firm focuses its investment activity in healthcare, industrials and agribusiness. Metalmark Capital manages funds with $3.7 billion in aggregate capital commitments.

For more information: http://www.metalmarkcapital.com

About Collagen Matrix

Collagen Matrix, Inc., founded in 1997, delivers a full line of the highest-quality collagen and mineral based medical devices that support the body’s natural ability to regenerate. The Company currently manufactures finished medical devices in the areas of Dental, Spine, Orthopedic, Dural Repair and Nerve Repair Surgery. The evolution of the Company’s leadership, proprietary technologies, manufacturing expertise and product portfolio has established a solid foundation for continued growth. Opportunities continue to exist for collaboration through Product Distribution, Product Development and Contract Manufacturing.

More information about Collagen Matrix can be found at www.Collagen Matrix.com.

Media Contacts:

Sard Verbinnen & Co.

Warren Rizzi

Phone: +1 (212) 687-8080

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Gaw Capital and DJM Acquire Hollywood & Highland

Gaw Capital

LOS ANGELES, [August 5, 2019]  — DJM, a San Jose-based private equity real estate and development firm, and Gaw Capital USA, a Hong Kong and Los Angeles-based real estate private equity firm, announced ownership of Hollywood & Highland, one of the country’s busiest and most acclaimed shopping centers. DJM and Gaw Capital have acquired the 463,000 square foot shopping destination for an undisclosed amount. Natixis financing team led by Jerry Tang and Greg Murphy provided the financing package which included acquisition loan along with the future funding component.
Both DJM, a leading U.S. commercial real estate developer and asset manager with decades of experience in the Southern California market, and Gaw Capital, an industry leader globally known for adding strategic value to under-utilized real estate, have extensive experience specializing in the redevelopment and repositioning of iconic assets.
DJM and Gaw Capital formed a partnership playing to their respective strengths: Gaw Capital’s strength in capital markets and successful repositioning of assets around the world, and DJM’s deep understanding of the Los Angeles market, experiential retail and development. Advised by Eastdil Secured, Hollywood & Highland is the largest single-asset retail transaction to take place outside of Manhattan in nearly three years.
Together, the partners plan to reimagine the 7.6-acre site over the next 24 to 30 months. Built in 2001, the project sits at the crossroads of Hollywood Boulevard and Highland Avenue, and adjacent to the acclaimed TCL Chinese Theater. Drawn to this covetable location and high-traffic volume, the team will upgrade the retail hub and focus on rebranding, upgrading common areas with an eye to creating more desirable gathering and programming spaces, ramping up entertainment events, optimizing the merchandise mix and incorporating new concepts and uses that bring excitement to retailers, visitors and other tenants at the property.
“The retail landscape has shifted, consumer tastes have adapted, and ‘New Hollywood’ is constantly redefining itself,” said Stenn Parton, Chief Retail Officer at DJM. “With Hollywood & Highland, we at DJM and Gaw Capital are eager to seize the opportunity to create, in the heart of Los Angeles, an environment where the iconic allure of ‘Old Hollywood’ meets the modern innovation of new media.”
“Our opportunity as the new stewards is to make Hollywood & Highland a 21st century destination—one that offers visitors a piece of Hollywood that is grounded by the needs of the modern consumer,” Parton added. “A fresh design and rebrand bolstered by relevant global brands, top-of-the-line food and beverage experiences, and a state-of-the-art digital concept is merely the beginning of our plans.”
Goodwin Gaw, Chairman and Managing Principal of Gaw Capital Partners, was a pioneer in Hollywood with his purchase and redevelopment of the Hollywood Roosevelt Hotel in 1995, just one block away from Hollywood & Highland. About the acquisition, he said, “We are delighted to be partnering with DJM to acquire this iconic asset in Hollywood. Hollywood & Highland has enormous potential given its fantastic location at the gateway to new Hollywood. It is also next to Hollywood Roosevelt, our first refurbishment project that has long been recognized as an iconic, one-of-a-kind lifestyle hotel forged with distinction in Hollywood’s history. It marks an important milestone for Gaw Capital in the Los Angeles real estate market. We look forward to working with DJM to enhance the asset by leveraging the digital content revolution and innovative technology, to re-imagine this complex to become the new ‘town center for the Hollywood community’. We would also like to express our sincere gratitude to our co-investors for their tremendous support and trust us to make this transaction happen.”
Gaw Capital currently manages over US$23 billion in real estate assets globally as of 1Q19 (US$6.5 billion specifically in retail) and has invested and developed for over twenty years in unique Los Angeles assets, including the Bradbury Building, LA Football Club’s headquarter building, television and film studios, music venues, and restaurants such as Majordomo. According to Gaw Capital Managing Director Dan Lee, “Being based in LA, we’ve built amazing relationships with truly talented people, operators and companies that span various creative fields, whether it be in entertainment, food, arts or sports. We’re excited about pulling from those experiences and relationships to create something extraordinary at Hollywood & Highland. Much like how DJM has done at their properties and we have with ours, our partnership’s intent is to make Hollywood & Highland a destination where our visitors, including locals, feel they had a unique, exciting and fulfilling experience.”
Renovations are slated to begin in 2020, with completion expected in 2021.

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KKR to acquire majority stake in German fintech heidelpay from AnaCap

KKR

  • heidelpay is one of the fastest-growing full-service payment providers in Europe
  • Attractive industry fundamentals driving further growth
  • Can play a key role in consolidating the European payments market

LONDON & HEIDELBERG, Germany–(BUSINESS WIRE)–Aug. 4, 2019– heidelpay Group (“heidelpay”) and its majority shareholder AnaCap Financial Partners (“AnaCap”), a European financial services specialist investor, have today reached an agreement on the terms of an investment from KKR, a leading global investment firm. KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.

Leading full-service payment provider

Founded in 2003, heidelpay is a leading full-service payment provider that offers a complete range of payment processing services to online and face-to-face merchants. heidelpay facilitates payment acceptance on behalf of merchants across various payment methods for e-commerce, m-commerce and at the physical point of sale. heidelpay currently serves more than 30,000 retailers and marketplace operators, focusing on SMEs and corporates.

The business operates in a European payments landscape underpinned by strong growth drivers, including an accelerating shift towards non-cash transactions and the continued growth of e-commerce.

Accelerating heidelpay’s growth journey

During AnaCap’s investment, heidelpay accelerated the development of its omni-channel platform, complete range of payment products, and proprietary technology. heidelpay can now play a key role in consolidating the fragmented European payments market. KKR is committed to supporting heidelpay in expanding its market share across the payments value chain, both organically and through strategic M&A, continuing the buy-and-build strategy initiated by AnaCap who completed seven bolt-ons. KKR will also support the company´s ambitious technology platform and product innovation roadmap.

Mirko Hüllemann, Founder and CEO of heidelpay, said: “We set out to become a market leader in omni-channel payment processing across the DACH region and with AnaCap’s powerful support we have reached our goal in a very short time frame. We are very excited to have attracted renowned global investor KKR to support us in the next stage of our growth journey. With its long-standing experience in financial services and technology, and its deep international network, we firmly believe that KKR will help us approaching larger customers and shaping the payment landscape globally. In my role as CEO and partner I’m looking forward to working with a fantastic management team in the next years.”

Daniel Knottenbelt, Member and Head of EMEA Financial Services at KKR, said: “We look forward to working together with Mirko and his highly experienced management team to help heidelpay continue to grow. We see enormous growth potential both organically and through M&A across Europe. We will draw on our deep sector knowledge, track record of working with founders, and our expertise through 20 years of investing in Germany to further shape heidelpay’s unique profile.”

Tassilo Arnhold, Managing Director at AnaCap, said: “heidelpay represents another successful digital value creation investment story for AnaCap. We wish Mirko and his team all the success for the next stage of their journey with KKR and we leave them in a far superior position to grow further in the DACH region and consolidate the European payments landscape.”

The offer is subject to approval by the German Federal Financial Supervisory Authority, the Commission de Surveillance du Secteur Financier (CSSF) and other customary closing conditions. It is expected to close in the first quarter of 2020. KKR will make this investment from its European Fund V. Financial details of the transaction were not disclosed.

About heidelpay Group

Based in Heidelberg, the heidelpay Group is one of the fastest-growing and most innovative fintech service providers in Germany. The international payment processing specialist uses its own specially developed solutions such as payment via invoice, instalment payment, direct debit, direct payment and prepayment – and those of leading providers of credit cards or wallet solutions. As a payment institute authorised by the German Financial Supervisory Authority (BaFin) and with over 16 years of experience in e-commerce and at the POS to its credit, the heidelpay Group allows companies of all sizes to effect worldwide payment transactions.

Founded in 2003, the full-service payment service provider covers the entire spectrum of electronic payment processing: from processing to acquiring, monitoring and risk management to receivables management. The fully scalable, modular solutions are used by 30,000 national and international customers. The various payment methods are provided for e-commerce, m-commerce and the stationary point of sale.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About AnaCap Financial Partners

AnaCap Financial Partners is a leading asset manager in the European financial services sector, investing across the vertical through complementary Private Equity and Credit strategies. Since 2005, AnaCap has raised €4.7bn in capital while the team has grown to more than 70 professionals across 6 offices including London, Luxembourg and New Delhi. Through its Private Equity and Credit strategies, AnaCap provides a complementary suite of solutions to sellers and management teams, supported by a deep track record of investing in financial services with over 70 primary investments completed across 15 jurisdictions. The AnaCap investment approach is supported by the firm’s proprietary digital platform, Minerva, which enables AnaCap to harness highly granular data and intelligence rapidly into actionable information.

Source: KKR

Media
Raphael Eisenmann
Hering Schuppener Consulting
Phone: +49 69 92 18 74-86
Mobile: +49 160 90 61 11 07
E-Mail: reisenmann@heringschuppener.com

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