Buyouts
PAI acquires M Group from First Reserve
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of €100-300m
Montefiore backs Groupe Premium
GP buys a 70% stake in insurance business Groupe Premium, investing alongside management
Lone Star backs €1bn carve-out of Imerys tiles division
Deal, the GP's third since 2016 in the building materials sector, is valued at 9x EBITDA
Paragon buys Inprotec
Selling shareholders Andreas Baranyai and Pierre Schwedtfeger will retain a significant minority
Carlyle in exclusivity for HGH Infrared Systems
GP is to draw equity from its €656m European technology fund to acquire the infrared systems company
IK backs Domia Group in SBO
Sale ends a five-year holding period for Metric, which bought the company in May 2013
Epiris acquires The Club Company from Lone Star
Deal is the third made by Epiris Fund II and reportedly values the country club chain at around £100m
Triton, KKR sell Mehiläinen to CVC
Deal for the Finnish healthcare services provider is reportedly valued at €1.8bn
Armonia buys Estendo
GP deploys capital from its Armonia Italy Fund, which held a first close on €200m in June 2016
Castik buys Warbug Pincus-backed Ipan, merges with Delegate
Castik draws capital from its €1bn buyout fund Epic I, which held a final close in June 2014
Blue Wolf acquires majority stake in TGW
Deal for the industrial knife producer was made with capital drawn from the GP's $540m fourth fund
EQT sells HTL-Strefa to Investindustrial
Investindustrial will merge HTL with PIC, a division of Artsana Group's healthcare business
Alcedo buys Atlantic Stars
GP draws capital from its Alcedo IV Fund, which held a final close in May 2016 on €195m
EQT's Sivantos merges with Widex
Enterprise value of the combined entity is estimated at €7bn, according to the GP
Livingbridge to acquire Love Holidays
Proposed deal will reportedly value the UK-based online travel agent at around £180m
Investcorp launches dental buy-and-build
New group will employ approximately 250 people at its two locations in Albstadt and Olsberg
DeA Capital's Idea CCR II in takeover offer for Snaidero
Following approval of the deal, Idea CCR II will invest €13m in the company and appoint a new CEO
Spice PE in $300m deal for The Craftory
GP is funding the launch of a new UK-based, consumer-goods-focused investment group
Livingbridge acquires insurance group CISG
GP will support further growth by expanding the franchise operations and through acquisitions
Hg to invest in Financial Express
GP invested in the financial services software and data company with capital drawn from Mercury 2
Carvest backs MBO of consultancy Algoé
GP Carvest, the PE arm of Crédit Agricole's regional branches, takes over from CIC
Cinven exits Ufinet Spain, retains Ufinet International
Sale ends a four-year holding period for Cinven, which acquired the company from Gas Natural Fenosa in 2014
Sun European buys ESIM from Ardian
Sale ends a three-year holding period for Ardian, which acquired the company in a complex carve-out
Hg reaps 4.9x on sale of JLA to Cinven
Deal brings to an end an eight-year tenure and generates a gross IRR of 26% for the vendor
