Buyouts
NorthEdge buys Cutwel
Management team, led by Adam Gillard, retains a minority stake while the founders exit
Axcel invests in Gubi
Previous owner and founder's son, Jacob Olsen, will continue as CEO and minority shareholder
Apax France buys Expereo in SBO
Carlyle sells its majority stake, acquired in 2014 via Europe Technology Partners III fund
Mid Europa acquires majority stake in JS Hamilton
Transaction is CEE-focused Mid Europa's ninth platform investment in Poland to date
Hilco acquires Homebase from Wesfarmers
Endless and Alteri Investors were also reportedly in the bidding process for the UK DIY retailer
Avenue Capital sells Hawthorn Leisure to NewRiver for £107m
Acquisition of Hawthorn's 298 pubs expands NewRiver's pub portfolio to 629 locations
Black Toro buys Forecast
Forecast's management team will stay on with the business following the deal
Nordic to acquire Prospitalia from Five Arrows
Nordic was competing with PE firms Ardian, Cinven, Goldman Sachs PE, Hg and TA Associates
BDC in exclusivity with LDC over PEI buyout
Alternative assets information provider is reportedly being sold on the basis of a ТЃ10m EBITDA figure
Montagu acquires Maincare
Company will use the fresh capital to consolidate its market position and expand internationally
Partners-led consortium buys Techem for €4.6bn
Deal ends a 10-year holding period for Macquarie, which took the firm private in 2008
Capiton buys Magix Software
Company's founders and CEO Klaus Schmidt have retained a significant minority stake
EQT acquires Facile.it from Oakley Capital
Sale ends a four-year holding period for Oakley, which acquired Facile in 2014 using its second fund
Siparex backs Bebe Boutik in MBO
GP will help the French baby products private sales specialist to expand abroad
Hg and ICG in £1.3bn Iris buyout
Hg6 generates a 4.2x return from the sale of the accounting software group, equivalent to a 26% IRR
Indigo Capital backs Ozitem MBO
Ozitem's general manager, Francois Espieux, will lead the management team following the takeover
Activa, BPI France invest in Active Assurances
Following the deal, the new investors will join the founding shareholders in Active Assurances
Keensight, Eres acquire Biovian
Keensight and Edmond de Rothschild Equity Strategies funds buy the Finnish CDMO
Riverside backs GermanPersonnel
Riverside will support GermanPersonnel's expansion by bringing in industry experts
PAI acquires M Group from First Reserve
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of тЌ100-300m
Montefiore backs Groupe Premium
GP buys a 70% stake in insurance business Groupe Premium via Montefiore Investment IV
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