Buyouts
LDC buys Sohonet from FPE Capital
With LDC's support, the company intends to boost its international growth and explore complementary acquisitions
BlackFin acquires Fokus Asset Management
Acquisition will enable Fokus to strengthen its service globally and become the main point-of-contact for foreign investors wanting to access the Nordic real estate market
Pinova invests in Raynet
GP is investing in the IT service via Pinova II and plans to make two more deals from the fund
Riello buys Garmont International
GP invests in the company via Italian Strategy Private Equity Fund, which deploys tickets in the €5-30m range
Phoenix invests in Setfords Law; BGF exits
Phoenix will acquire a majority stake in the legal network; BGF invested £3.75m in Setfords in 2016
Equistone acquires Franke Water Systems
Carve-out comprises kitchen and bathroom fittings businesses Water Systems Commercial Group and KWC
Bowmark, LDC sell Node4 to Providence
IT business was expected to fetch a valuation in excess of £300m, based on a 15x multiple
OTPP, KKR to buy Caruna from First Sentier Investors, Omers
Following deal completion, KKR and Ontario Teachers' will each own 40% in the company, followed by AMF Pension with 12.5%, and Elo Mutual Pension Insurance Company with 7.5%.
NorthEdge invests in Distology
GP is investing from its £120m SME Fund, which held a final close in July 2018
Inflexion invests in DR&P Group
GP is acquiring a majority stake in the insurance broker via Inflexion Enterprise Fund V
Monterro buys e-health software provider Bliksund
Company is looking to expand in Sweden, Denmark and the UK first, but also further abroad
Norvestor acquires Finnish water management firm Envera
Norvestor partner Per-Ola Baalerud said in the press report that the GP aims to increase Envera’s turnover five-fold within four to five years
LDC invests in Phoenix Datacom
As part of the transaction, Phoenix Datacom extends its banking facilities with Lloyds Bank
Inflexion secures majority stake in Pangaea Laboratories
Beauty product developer owns the Medik8 brand, which generated revenues of £18.9m in 2020
L Catterton acquires Birkenstock
German footwear company is reportedly valued at around €4bn and drew interest from several PE buyers
Partners Group buys Parmaco from Terra Firma-led group
Vendors reportedly sought a valuation of between €800m-1bn for the company
Capidea buys toy company Maki from Industri Udvikling
Industri Udvikling had backed Maki since August 2017 and owned a 40% stake
Latour buys Omni-Pac from Motion Equity and Arkéa
Omni-Pac's management team and Motion Equity Partners reinvest alongside Latour Capital
Ardian buys majority stake in GBA from Quadriga
Quadriga reinvests in the business and retains a minority stake, alongside the company's management team
Nobel buys Vitaminstore from Aletra
This is the second investment made by Nobel Capital via its recently raised €40m fund
Pinova, eCapital sell stakes in BrandMaker to Rubicon
Rubicon Technology Partners aims to assist the marketing software with its international expansion
Intriva invests in £60m MoneyPlus MBO
MBO, led by CEO Chris Davis, will see MoneyPlus's management team continue in their existing roles
Arcaris buys Magro Verbindungselemente
Acquisition of the industrial procurement business is part of a succession solution
Eurocov buys KTN out of administration
Entrepreneur Philipp Mühlbauer's investment holding will buy KTN following an administration process
