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Transactions

SEPTEMBER 2014

D2E backs Contraload MBO Legal advisor to managment team : Legal advisor to equity provider :

D2E backs Contraload MBO

Down 2 Earth Capital (D2E) has supported the management buyout of Contraload, a Belgian resource management business.

D2E acquired a stake of almost 50% for an equity ticket of €5-10m. The company's former majority shareholder, Dutch logistics group Kloosterboer, wholly exited the business through the sale of its stake to D2E and Contraload founders Jesse Sels and Sylvain Naets.

The deal was sourced through direct contact with the company's management, according to D2E's Alain Keppens.

Following the acquisition, D2E's plans for the company include international expansion and entering previously untapped markets with a new range of activities under the name Sureca (sustainable reusable carriers).

According to D2E, the deal represents the firm's largest investment to date. The Antwerp-based GP held a final close for its maiden fund in April this year, raising €66.25m – above its €50-60m target – after less than a year of fundraising.

Legal advisor to debt provider : Financial due dil advisor:

The fund had already made two investments prior to the Contraload deal. In August last year, D2E acquired Conteyor, a Merelbeke-headquartered provider of B2B reusable textile packaging systems. In April this year the fund bought Hertecant Flanges, a Heultje-Westerlo-based manufacturer of stainless steel flanges for petro-chemical, power and utility plants. LM

This announcement appears as a matter of record only Contraload.indd 1 29/08/2014 12:01

Cinven acquire Gas Natural Fenosa Telecomunicaciones

Legal advisor to Cinven

Cinven acquire Gas Natural Fenosa Telecomunicaciones

“The Firm Alvarado y Asociados assisted Cinven in the process related with the acquisition of Gas natural Fenosa Telecomunicaciones by the review of the legal status of the local entity in Nicaragua that would be part of this acquisition.

The counsel team from Alvarado y Asociados who participated in such transaction were Luz Marina Espinoza, Yury Fernando Cerrato and Favio Josue Batres.” LM

Legal advisor to Gas Natural Fenosa

This announcement appears as a matter of record only www.lawyer-monthly.com

Gas Natural Fenosa Telecomunicaciones

Contraload