Mid-market buyout
Qualium bets on high dry powder level to sustain exit valuations
Mid-cap sponsor nears EUR 500m Fund III target with closing expected before year-end, source says
Eurazeo in exclusivity for Sevetys acquisition
French sponsor beats Ardian and Antin in race for a majority stake in French veterinary chain
Alto Capital sells CEI Group to White Bridge
Vendor will reinvest with a minority stake in the automotive spare parts manufacturer via the same fund
Bowmark buys workflow automation provider WSD
GP will seek to expand London-based company’s product development and grow in North America, Europe and Asia
LDC bolsters UK Midlands' team
Mid-market GP wants to invest in 100 companies over the next five years
Klar to acquire Finnish installation company QMG
GP will merge QMG with its recently acquired Swedish portfolio company Sandbackens to create a new group
Waterland to acquire Norwegian company Bano
Waterland is currently deploying equity from its eighth fund, which held a final close on €2.5bn
Altor acquires Multi Wing Group
Company was reportedly marketed based on EBITDA of €16m
Axcel acquires veterinary care provider VetGruppen
Company's co-founder and chief operating officer Rasmus Hansen will remain a significant co-owner alongside the GP
Procuritas merges 12 IT companies to create Frendy
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
Equip Capital buys Norwegian e-scooter firm Ryde
GP reportedly bought a 60% stake by acquiring existing and newly issued shares in the company
BaltCap sells Ecoservice to PE-backed Eco Baltia
BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting €550m
KJK acquires heavy equipment provider Alwark
GP will acquire a 66% stake in the company via its €250m KJK Fund III
Ceder Capital acquires Kaffekapslen
After the transaction, Kaffekapslen's management team will own around 45% of the company
CapMan to acquire Pharmia
Deal is the second investment from CapMan Buyout XI fund, which held a first close in June 2019 on €160m and has a target of €250m
IK, ICG to acquire minority stake in Norwegian firm Formue
Deal reportedly values the company at €292m
Goldman Sachs, Via Equity buy Swedish IT firm Advania
Existing investors in the company reinvested alongside the new GP
TA Associates to invest in French company DL Software
Software developer has realised an average annual growth rate of more than 10% since its founding
Broviken acquires Norwegian HR Prosjekt from Longship
GP will own a 55% stake in the company, while the remaining 45% will be owned by founder Helge Rustand and members of HRP's management
Adelis buys stake in Finnish digital learning firm Valamis
Current management will retain a significant stake in the company and continue in their roles
Procuritas buys and merges Medpro and Omtanken
GP is deploying equity from Procuritas VI, which held a final close on €318m in May 2017
Novalpina buys majority stake in Laboratoire XO
Deal reportedly values the company at more than €300m, and unitranche debt was provided by debt fund manager Ares