Buyouts
LDC backs MBO of TXM Plant
Business doubled its turnover to ТЃ45m over the last three years due to new contracts
Vertis buys Preziosi Food
Italian holding company Hat also invests in the snacks business
Intuitis, BPI back ACM-ACR management buyout
Sheet metalwork specialist will keep developing its activity in France and abroad
DeA Capital buys ice-cream maker Indian
Deal marks the second transaction for DeA’s private equity vehicle, Idea Taste of Italy
Investindustrial launches take-private bid for RCS
Investindustrial will own a 45% stake, with existing shareholders holding onto 55%
General Atlantic enters exclusivity for £950m Argus buyout
Deal would value the business at 20x EBITDA, according to reports
Capiton exits Nora to ICG
Capiton sells the business after nine years of ownership to ICG and management
Deal in Focus: Norvestor defies oil & gas downturn with HydraWell
Oil well integrity company, which will expand internationally, has enjoyed growth against a backdrop of oil price volatility and investor concerns
Montagu acquires FSP from August
Funeral services provider will continue expanding through bolt-on acquisitions
Fondo Italiano acquires 30% of Ligabue from Alcedo
Alcedo exited its 40% stake to the GP and founding Ligabue family, which acquired the remaining 10%
Springwater buys Pullmantur and CDF
Deal marks fifth acquisition from Springwater across Royal Caribbean Cruises’ portfolio companies
PE-backed Polynt and Reichhold merge
Investindustrial and Black Diamond will retain a combined majority stake in the new group
Orlando buys Innight from TNT Express
Spinout of German business Innight follows the acquisition of TNT Express by Fedex
PAI in €725m deal to acquire Ethypharm from Astorg
Deal comes nine years after Astorg acquired a 60% stake in the company via the Astorg IV fund
HgCapital buys legal software firm STP
HgCapital acquired STP via its £380m Mercury Fund, which focuses on software and tech
3i and Deutsche AM acquire TCR in €200m SBO
Both partners are acquiring the business from previous owners Chequers Capital and Florac
IGI acquires 64% stake in Bracchi
SI2 and Siparex take part in the transaction, acquiring a combined 26% stake
Capzanine takes majority stake in Soccer Park and Le Five
The new entity will generate an estimated €12m turnover and open six new complexes
Bencis Capital acquires majority stake in BRB
Buyout is financed via Bencis's fourth buyout fund, the €408m Bencis Buyout Fund IV vehicle
Silverfleet acquires Sigma in £65m MBO
UK aerospace company has previously expanded through an acquisitive growth strategy
Norvestor acquires HydraWell
GP is hoping to tap into the growing market for oil well capping technology
Gimv backs €10m Arplas MBO
Management team acquires a minority stake in the welding technology supplier alongside the GP
Baird acquires Bfinance
Transaction comes months after GP exited Alpha FMC, another investment advisory business
PE-backed Mercury buys Intesa Sanpaolo's payment platforms for €1bn
GPs’ syndicate includes buyout houses Advent, Bain Capital and Clessidra