Buyouts
Sagard invests in Flight Simulator developer Asobo Studio
Deal is the second for the Sagard NewGen fund, launched in July 2020 with a €300m target
Baird sells Prescient to BDC
In November 2020, the vendor requested another set of indicative offers from seven or eight bidders
Oaktree Capital backs Col Giovanni Paolo
With the GP's support, the company plans to consolidate its market position and boost its international expansion
Heritage Ventures buys ICT specialist Metoda
GP intends to boost the company's growth and double its revenues in the next five years
Hellman & Friedman transfers TeamSystem from fund VII to fund IX
Hg and the company's management team reinvest in the transaction as minority shareholders
TA sells ITRS to Montagu
Montagu Private Equity acquires companies with enterprise values of €200m-1bn
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
Stirling Square acquires Consensus
Colchester-based Consensus is a provider of specialist residential care and supported living services
Montagu buys IMV from Qualium
Sale ends a holding period of more than six years for Qualium, which acquired the company from Pragma Capital
Zefyr Invest acquires Bramidan from Blue Equity
GP is deploying equity from Zefyr Invest III, and Bramidan is its third acquisition from the vehicle
Merieux Equity buys Plantex
GP invests in the company via Mérieux Participations 3, which closed on €377m in January 2020
Rhein Invest buys majority stake in Spiegel Institut
Investment in the consumer research consultancy is part of a succession solution
Livingbridge sells Broadstone to ICG
Broadstone generated EBITDA of £646,000 from revenues of £9.5m in the year ending on 30 June 2019
Atitlan backs Imex Products
With Atitlan's support, Imex intends to boost its growth both organically and via strategic acquisitions
BaltCap acquires Baltic Ticket Holdings
GP believes the market for culture and entertainment will quickly recover once Covid-19 restrictions are eased
Fidelium Partners acquires RET
Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan
Star Capital acquires Rail Operations
Neil Bennett, previously of Beacon Rail Leasing, will be appointed executive chairman of the company
Full In Partners acquires Danish firm Cybot
Deal value was reportedly 10 times the company's turnover of around €13.4m
WMS backs FruchtExpress MBI
GP is deploying equity via WMS III and is investing with future managing director Holger Schmitz
Litorina, Bragnum back Nordic Surface Group
Litorina and Bragnum Invest will be co-owners alongside the management and local entrepreneurs, who remain significant co-owners
G-Square acquires Diagnostic Healthcare
Vendors were looking to achieve a 10x EBITDA multiple; Diagnostic Healthcare's projected EBITDA is £3m
Abénex backs Squad MBO, Apax exits
Apax Partners Development (formerly EPF Partners) invested around €10m in the cybersecurity firm in 2017
Total acquires PCML for EV of £20m
KPMG acted as financial adviser on the sale of the precision engineering business
Accel-KKR backs HR software provider Endalia
Accel-KKR intends to accelerate the company's organic growth and pursue a buy-and-build strategy
