Buyouts
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Main Capital’s Assessio to be sold to Pollen Street
Recruitment software company tripled in revenue under Main Capital’s ownership
Exponent divests ‘significant' stake in Meadow to Canadian investor
Since 2018, GP has diversified food ingredients company's focus beyond commodity dairy
TPG takes majority control of A-Gas, doubles down on impact investing
KKR partially exits its 2017 investment in the specialty gas and chemical distributor, retaining a minority stake
Quadrivio to capitalise on baby boomers as it nears wrap for its new EUR 300m fund
The Silver Economy Fund makes its second investment as it highlights trend of GPs doubling down on narrow strategies
Synlab remains in talks with Cinven five months after initial approach
Cinven listed lab diagnostics firm in April 2021 at EUR 18 per share and remains its largest shareholder
Groupe Vilavi stays French and starts new chapter with HLD
Insurance company is valued at around EUR 300m and will focus on organic and external growth with new majority owner
IPACKCHEM sale attracts Greif, other packaging strategics and sponsors
SK Capital is orking with sellside adviser Goldman Sachs on the process for the French packaging firm
Princes Group sale restart scheduled for September
Mitsubishi Corporation-owned food and drink manufacturer saw significant PE interest in first round
Inflexion to exit Xtrac in SBO to MiddleGround Capital
Sale of UK-based transmission-systems manufacturer marks Buyout Fund IV’s seventh exit
Apax acquires co-controlling stake in Fremman Capital-backed Palex Medical
Deal values Spain-headquartered medical equipment distributor at around EUR 1bn
Siparex kicks off Midcap 4 fund deployment as fund nears EUR 250m target
French glass processing company Cevino Glass marks first investment from EUR 220m fund, which is expected to meet its EUR 250m target by year-end or early 2024
ICG sells majority stake in With Intelligence to Motive Partners in GBP 400m deal
Sale to specialised financial technology investor follows a competitive process and brings acquirer closer to launch of third fundraise
FPE Capital acquires, merges NoBlue and Elevate2
GP’s investment in NetSuite partners marks fifth investment out of third fund
Nordic Capital reaps around 6x money in Macrobond SBO
US-based tech sponsor Francisco Partners set to acquire the Swedish financial data provider
AnaCap exits GTT to Stirling Square
Vendor will reinvest in tax collection software for a 20% stake; buyer makes second tech deal in a month
Palatine reaps 6x money on SBO of Anthesis to Carlyle
GP will be reinvesting in UK-headquartered sustainability firm, acquiring a minority stake
Investcorp to take majority stake in PR firm SEC Newgate
USD 100m investment sees firm valued at USD 250m; existing shareholders including Three Hills will roll over their stakes
Quadrivio rounds off Industry 4.0 Fund deployment with Twist acquisition
Acquisition of the Italian reconditioned tech hardware business is the last from the EUR 200m vehicle
ESI Group advances talks with buyout firms as strategic interest wanes
Binding offers for the listed French software firm are expected pre-European summer
Sponsors drive record take-private activity as deployment pressure mounts
Discounted small- and mid-cap take privates expected to feed 2 pipelines amid M&A and IPO slowdown
Advent acquires majority stake in Parfums de Marly and INITIO Parfums Privés
GP will support the global growth of both fragrance brands, which will be managed separately under the same group
Summa Equity sells Infobric in SBO to Stirling Square
Norway-based sponsor will be reinvesting in Swedish construction technology and services provider as a minority shareholder