JOJO MAMAN BEBE acquired by NEXT PLC / DAVIDSON KEMPNER CAPITAL MANAGEMENT

The acquisition of My Jolie Candle by Emosia Group represents a strategic consolidation in the home fragrance sector, specifically designed to diversify the acquirer's product portfolio and accelerate its digital transformation. By integrating a successful Digitally Native Vertical Brand (DNVB), the acquirer secures a direct connection to a younger, millennial consumer base, effectively balancing its traditional retail distribution strengths with new e-commerce agility. The target’s innovative product concept complements the acquirer's existing high-end brand lineup, creating a robust, multi-generational portfolio

BC Partners, a European private equity firm, acquired a majority stake in Havea from 3i and Cathay Capital. The transaction is structured as a new Leveraged Buy‑Out, with BC Partners XI—the firm’s 11th flagship fund, closed at about EUR 5.3 billion—taking the lead and bringing in co‑investors PSP Investments from Canada and NPS Investment Management from South Korea as minority partners. 3i and Cathay Capital fully exit the position, while the management team led by CEO Nicolas Brodetsky reinvests alongside the new sponsors, aligning incentives for a second turn of value creation

Quilvest Capital Partners has acquired a minority stake in Les Secrets de Loly through an Owner Buy-Out (OBO). The transaction involves both a capital increase to fund growth and a cash-out for the founder, Kelly Massol, who retains the majority stake. Key managers also entered the capital. The deal aims to support the company's hyper-growth (revenue doubling annually) and international expansion, particularly in the Middle East and professional salon channels.

Embracer Group has finalized the acquisition of 100% of the capital of Asmodee from funds managed by PAI Partners and various minority shareholders. This landmark transaction marks a major diversification for Embracer, bringing a global leader in board games into its digital-heavy ecosystem. The transaction was structured with a massive upfront payment consisting of cash and newly issued Embracer B shares. To ensure management continuity, the founders and key minority shareholders retained a small interest subject to specific put and call options exercisable over a six-year period

KKR launched a recommended cash offer to acquire all outstanding shares of Accell Group for EUR58.00 per share. The offer represents a premium of 26% over the closing price and 42% over the 3-month average. The deal is supported by Accell's Board and its two largest shareholders, Teslin (10.8%) and Hoogh Blarick (7.5%). The objective is to take the company private to accelerate the execution of its strategy (supply chain optimization, green mobility) away from public market volatility.

Authentic Brands Group has been acquired by CVC Capital Partners and HPS Investment Partners through the purchase of significant equity stakes from existing shareholders. The definitive agreements were signed in November 2021, and the transaction is expected to close in December 2021 following customary regulatory approvals and closing conditions. The acquisition adds two new investors to ABG's capital structure while retaining BlackRock Long Term Private Capital as the largest shareholder. The investors intend to support ABG's expansion by providing capital and strategic resources that complement the company's brand licensing platform

Ardian Growth acquired a minority stake in Kapten & Son to support the company's international expansion and operational scaling. The investment was made through the EUR320 million Ardian Growth Fund II. The founders retained a majority stake to remain incentivized as they collaborate with Ardian on a strategic roadmap. This partnership focuses on further penetrating the German market followed by a targeted entry into the French market and eventually global expansion. The growth strategy includes a potential buy-and-build approach in niche segments and the co-development of new product lines, leveraging Ardian's pan-European network and digital expertise to transition the brand from a regional leader to a global lifestyle player

Reebok International Ltd. has been acquired by Authentic Brands Group as part of a transaction announced in August 2021 that follows a multi‑year divestiture process initiated by the former owner. The sale concludes a period during which the target experienced fluctuating earnings, strategic realignment attempts, and a shift in market share relative to its primary competitors. Authentic Brands Group entered the agreement after evaluating the brand’s global licensing framework and its potential to integrate with the firm’s existing portfolio of apparel and footwear assets

HLD acquired a majority stake in Jimmy Fairly, allowing the exit of minority shareholders Experienced Capital (who held >40%) and historical seed investor Odyssee Venture. The founders reinvested significantly alongside HLD. The transaction concludes a competitive process managed by Lazard. HLD's entry aims to accelerate the brand's international expansion (beyond the UK) and scale the network to reach a revenue ambition of EUR500M in the long term.

Equip Capital has acquired a 60% majority stake in Ryde to support the company's next phase of growth in the Nordic micromobility market. This transaction allows the founders to remain heavily involved in the company's capital and management while partnering with an investor that brings the necessary financial resources and expertise to accelerate growth. Through this investment, Equip aims to drive Ryde's geographic expansion and strengthen its presence in key Norwegian cities. Ryde operates in a rapidly growing micromobility market, driven by increasing adoption of more flexible and environmentally friendly urban transportation solutions