Buyouts
Debt: borrowing terms improve as competition intensifies
European PE houses set to benefit from increasingly borrower-friendly environment for remainder of 2015
VR and BIP buy Leuna Tenside
Backers secure majority stake in business
EmergeVest acquires Palletforce in £30m MBO
Deal values business at 12.3x profits after tax
Procuritas acquires Daldata from Via Venture Partners
GP will invest alongside management
FSN takes majority stake in Roplan
Founder will retain minority stake
Penta Investments acquires Vltava-Labe-Press
German media group exits Czech publisher
Equistone buys Palatine's Wealth at Work in £50m SBO
Palatine to reinvest to stay as minority shareholder
Personal contributions: keeping skin in the game
GP contributions are dwindling, to the industry's detriment
Corsair and Palamon in MBO for Currencies Direct
Transaction valued above ТЃ200m
Just Retirement buys Partnership Assurance for £669m
Both companies are private-equity-backed
Solix in SEK 200m Geveko take-private
Former Altor partners lead acquistion of struggling company
BT Pension awards Hermes £1bn refresher mandate
Hermes was previously mandated by BT in 2011 as its sole PE manager
Uncertain road ahead for French private equity
Deal volume might well be back but the future of French private equity remains uncertain
EQT backs Nordic Aviation Capital in $3.3bn deal
EQT invests via Fund VI
Advent sells Centrul Medical Unirea to Mid Europa
Exit follows five years of ownership for Advent
Allianz et al. buy Tank & Rast from Terra Firma
The transaction is understood to value the company at around €3.5bn
Bridgepoint buys Tastecard, Gourmet Society from Didix
Waterland-owned vendor bought businesses in 2014
Deal in Focus: Sovereign makes £18m offer for Synarbor
Sovereign makes ТЃ18m offer for Synarbor, which trades on JP Jenkins
Oakley reacquires minority stake in Daisy for £39m
GP held 13.6% stake in business until it was delisted in 2014
LDC acquires BOFA International for £23m
GP completes third buyout since 20 July
Providence and WPP team up for Chime takeover
Duo offers 365 pence per share, equating to 33% premium
21 Partners buys Poligof
Second purchase from Poligof's Invetimenti III fund
LBO France gets 2x on Tractel exit to Cinven
Deal represents Tractel’s fifth buyout since inception
LBO France et al. offload Flash Europe to Eurazeo PME
Listed GP to deploy €32m in return for 43% stake