Buyouts
Maj Invest carves out TDC Hosting
Formerly PE-owned Danish legacy telco TDC will divest 100% of its subsidiary
Capvis acquires Wer Liefert Was from Paragon Partners
Deal marks fourth investment in Germany for the GP's 2013-vintage vehicle Capvis Equity IV
Warburg Pincus buys Accelya from Chequers
Deal marks final exit from Accelya for Chequers Capital after 10-year holding period
Deal in Focus: Cobalt makes 3.5x on TCS sale to Meeschaert
Vendor extended its holding period with LPs' blessing in order to fully implement its buy-and-build growth strategy
Silver Investment nets Varicor
GP aims to affiliate the business to its portfolio company Schüschke to expand into new sectors
Trilantic leads consortium to buy Pacha Group
GP deployed capital from its €900m 2015-vintage Fund V Europe, which held a final close in 2016
Carlyle buys Ergon's Golden Goose
Deal marks the GP's fourth investment in European fashion and apparel sector
Deal in Focus: Epiris sells Audiotonix to Astorg
Sale of the audio mixing console business will generate a return of 4.8x and IRR of 51% for the vendor
GRO Capital acquires Danish software developer Targit
Founder of previously VC-backed Targit will resign as CEO after the buyout
Parcom Capital takes majority stake in MGG Group
LIOF, private equity arm of Dutch province of Limburg, was previously majority owner in the group
Wise merges KBC and Guarisco to create Imprima
GP will merge the business and retain a majority stake in the new group
Bregal buys Swiss watches and jewellery retailer Embassy
Deal marks the sixth investment overall and the second in Switzerland for the GP
Céréa Capital and BPI France invest in GPS Group
Transaction marks fourth deal completed with €225m Céréa Capital II fund
Wise buys Gradiente's Tapì
Deal marks the third investment for the GP’s 2015-vintage Wisequity IV vehicle
Triton, Davidson Kempner buy Via Location from ICG
ICG invested in Via Location in 2007, providing mezzanine debt for the group's second LBO
Deal in Focus: Hannover Finanz backs PWK's MBO
An in-depth look at the GP’s acquisition of the German auto parts producer market
Paragon Partners buys Novagraaf from Gilde
Gilde Buy Out Partners became majority owner in the group in 2007, taking over from Halder and NIP Capital
Kerogen invests $100m in MBO of Tullow Oil Norge
GP will invest up to $300m in former Norwegian division of Tullow Oil, now Pandion Energy
Metric Capital buys Gruppo Bancario Mediterraneo
Backers include high-net-worth individuals Filippo Cortesi and Nicola Bonito-Oliva
Siparex backs Flip in owner buyout
Transaction marks second deal for Siparex Midcap 2 fund within a month
Phoenix invests in Rayner
Deal for opthalmic implant business marks the second investment from Phoenix's 2016-vintage fourth vehicle
Capiton backs Gemaco's MBO
Deal marks the fourth investment for the GP’s fifth vintage, Capiton V
Arx carves out Nutricia Deva from Danone
Former managing director of Candy Plus, Keith Dilworth, took part in the deal
Bridgepoint acquires Zenith from HgCapital in £750m deal
Transaction marks the sixth period under private equity ownership for the car leasing company