Buyouts
IK buys Truesec from Sobro
Cybersecurity firm is IK's seventh platform investment of H2 2021 and its fourth deal since October
Zooplus takeover to go ahead as 80% threshold is met
H&F and EQT Private Equity teamed up for a joint final offer for the pet products retailer in late October
Auction for Carlyle's Saverglass called off – report
Rothschild-run process was launched earlier this year, with Towerbrook and ICG reportedly involved in earlier stages
Ardian, Latour buy LBO France's Groupe RG
LBO France bought a majority stake in the personal protective equipment producer in 2017
Massimo Zanetti aiming to find financial sponsor by year-end
BNP Paribas is set to collect preliminary offers for the Italian coffee company within the next two weeks
Metro Bank confirms possible offer from Carlyle
UK-based lender currently has a market cap of GBP 251.6m
Carlyle's tech fund buys majority stake in CSS
Deal should see Carlyle Europe Technology Partners IV moving closer to full deployment
ArchiMed's MED II fund fully invested following Cube buyout
Cube is the last platform investment for the MED II fund, which closed in 2017
Carton Pack attracts Chequers, Clessidra, A&M Capital Europe
21 Invest has hired Vitale&Co and William Blair to guide it in the sale
BC Partners uses special-purpose fund to back Pet City in Greece
BC Partners GR Investment is set up to invest in high-growth SMEs in Greece
LBO France, PAI in second round for Alliance Marine
Alliance Marine went on a bolt-on shopping spree under Weinberg ownership
Aurelius buys McKesson UK in GBP 477m deal
Carve-out of McKesson UK includes LloydsPharmacy and is Aurelius's largest deal to date
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Procuritas backs Strandberg Guitars
GP is backing the headless guitars producer via its EUR 318m Capital Investors VI fund
Anaveo sale pulled despite late-stage talks with 3i
Competitive process stalls as vendor Bridgepoint's price expectations were not met, sources say
IK invests in Prophecy Group
Minority investment in the cybersecurity firm is IK's sixth deal to be announced in H2 2021
IK Partners buys Plastiflex
GP is investing via its EUR 1.2bn Small Cap III fund, which backs companies valued at EUR 15m-150m
AutoForm sees Permira join bidder pool ahead of NBOs next week
Carlyle, KKR, EQT, Hellman & Friedman and Francisco Partners were previously reported as potential bidders
Triton forms LeDap Group
Company has been formed by more than 30 acquisitions; it aims to promote racquet sport padel
IK buys Conet from HIG
IK intends to support the IT service and software developer with its ongoing DACH expansion
Equistone backs ADM Group
Investment in the marketing agency is the GP's eighth platform deal of 2021 to date
H&F, EQT team up for final Zooplus offer
Sponsors are aiming to resolve the deadlock in the bidding process for the pet products retailer
IK Partners likely Conet buyer as HIG Europe concludes sale
Sponsor submitted a 15x EBITDA offer to acquire Conet, two sources say
EQT invests in Vitruvian-backed CFC
EQT IX is expected to be 70-75% invested following the deal