Buyouts
Astorg Partners invests in Armor Iimak
Auction process for the packaging-printing specialist kicked off in early November 2021
Nord Holding sells Ruf Group to Waterland
Germany-headquartered bed producer Ruf Betten acquired e-commerce brand Bruno in February 2020
Tikehau Ace Capital buys PCB manufacturer Elvia
Elvia is the largest printed circuit board manufacturer in France, according to the acquiring GP
Tikehau, Abénex in exclusivity for Proprietes-privees
Sparring Capital first acquired the France-based real estate selling platform in 2016
Adelis acquires majority stake in Westpack from Capidea
Adelis acquires an 83% stake in the packaging company from Capidea, while management reinvest 17%
TDR et al. in EUR 4.9bn LeasePlan sale
LeasePlan will be combined with Societe Generale's car-leasing subsidiary ALD, forming NewALD
Axcel buys Picca Automation
Company sells industrial automation and software packages to the public and private sector in Denmark
Waterland buys Nowocoat
Paint manufacturer had revenues of DKK 200m in 2021 and has seen organic growth of 18% in 2018-2020
Livingbridge buys Quorum; Maven reaps 6.5x
Maven invested in the cybersecurity company in June 2020 via its venture capital trusts
Ergon acquires telecoms company Satlink from Artá
Ergon Capital Partners acquires a majority stake in Satlink from Artá Capital
IK Partners acquires e-commerce specialist Stein HGS
IK acquires its stake in the e-commerce company from Lennertz & Co, which will reinvest
3G acquires 75% stake in Hunter Douglas at EUR 6.27bn valuation
Netherlands-based manufacturer of window coverings will be taken private following the transaction
PAI Partners buys Uvesco for EUR 500m
Deal for the Spanish food retailer is the fifth investment for PAI's smaller MMF fund
CVC invests in FutureLife
CVC acquires a co-controlling stake alongside current investor Hartenberg Holding
Clessidra acquires Impresoft
Impresoft was expected to have an enterprise value between 9x-11x its 2021 EBITDA
Capiton buys Betonbau Group
GP is deploying equity via Capiton VI, which held a final close in November 2021 on EUR 504m
Carlyle buys Altadia from Lone Star
Lone Star Funds bought Esmalglass for EUR 605m in 2017, forming Altadia in 2021 via a merger with FTC
ArchiMed buys lab analysis company Carso
Selling shareholders include private equity firms EMZ Partners, Etoile ID, Unigrains, Raise and Siparex
GL Education attracts large-cap PE firms ahead of Q1 sale
Baird is advising incumbent sponsor Levine Leichtman Capital Partners on the exit
MBO & Co closes fifth fund on EUR 320m
GP's latest SME-focused fund took six months to raise and closed above its target
Fortress buys Punch Pubs from Patron Capital
Patron Capital Partners and May Capital acquired the pub operator in a GBP 1.8bn deal in 2017
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Armira closing in on purchase of IK Multimedia
Munich-based sponsor was in a head-to-head battle with Bregal in the late stages of the process
Argos Wityu acquires majority stake in Groupe Fedd
GP bought its 90% stake in the electronics specialist via Argos Wityu Mid-Market VIII