Ares Management has agreed to sell 75-year-old British paint and wallpaper brand Farrow and Ball to Hempel Group in a trade deal after a seven-year-hold. The firm acquired the company in 2014 from European Capital, an affiliate of American Capital.
HIG Capital has agreed to buy German fiber-to-the-home broadband network Infratech Bau to capture the market driven by the German government’s ambition to provide high-speed internet access to majority of households over the coming years.
Former Mayfield partner Todd Kimmel’s investment firm Montage Ventures is eyeing up to $100m for its third fundraise, AltAssets can reveal.
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