Buyouts
MidEuropa takes majority stake in Optegra
H2 Equity reinvests with minority share; sale saw interest from Partners, HIG, CapVest
KKR invests in CVC's French insurer April Group
US sponsor to become new majority owner; company achieved its objectives more than a year in advance
Adelis sells Mobilhouse to consortium led by LEGO’s family office
Kirk Kapital takes 50% in Danish modular building group alongside individual investors
Eurazeo takes majority stake in NeoXam following ‘intense process’
GP’s SME fund to invest over EUR 100m to become financial services software group’s largest shareholder
Endless starts Enact III deployment with SEA Transport acquisition
Primary deal is first investment from new SME-focused, GBP 100m fund close in July
Wise Equity exits Trime in SBO to 21 Invest
Italian lighting tower maker to pursue growth in US, Australia and continue focus on ESG goals
Synova invests in Mallcomm in Fund IV's final platform deal
Property management platform to explore acquisition opportunities in the US, Europe under new ownership
Armonia exits Italy’s BioDue in SBO to Riverside Europe
Sale of food supplement and medical devices group marks second exit from Armònia Italy Fund
Final close: Sponsors fight through buyout fundraising drought
With EUR 100.5bn in commitments this year, European buyout fundraising is likely to be the lowest since 2018
DBAG exits Cloudflight in sale to Partners; reaps over 4x money
Deal values Germany-based digital transformation company at just under EUR 400m
Ardian reinvests in Neopharmed alongside NB Renaissance
French GP will move stake from fund VI to VII; additional capital allows for European M&A
Ambienta buys sustainable kids wear brand Lässig in SBO
GP will support Germany-based company in European expansion; founders, Arcus Capital and BE Beteiligungen reinvest
Cerea kicks of Fund III deployment with Groupe Ethique & Santé deal
Sponsor has acquired 65% of French dietitians network and healthcare group for EUR 13.5m
Providence to close A2MAC1 deal in 1Q23; Five Arrows reinvests
US-based GP has entered exclusive negotiations to acquire automotive benchmarking company
Arcus acquires majority stake in Intercontent
Berlin-based mobile marketing company’s founders will retain a significant stake in the business
Bain consortium to buy Caverion in EUR 955.3m take-private deal
Offer values Finnish construction group at a 49.3% premium and has board’s recommendation
Tenzing backs DJH Mitten Clarke MBO
Deal is seventh investment of Fund II and second in accounting services in just over a year
Rubicon buys CMD in carve-out from US-based trade
Deal for workplace products groups marks the sixth investment of the GP’s Fund V
Capvis invests in IT consultancy AdEx Partners
Hamburg-based company will pursue internationalisation and bolt-on strategy under new owner
Nuveen buys Arcmont, forming Nuveen Private Capital
Minority investor Dyal Capital exits stake, deal comes amid a buoyant private lending market
IK Partners buys Plus que Pro
French B2B and B2C construction and business service provider platform will be co-controlled by IK and the founders
Ardian exits Unither to GIC, IK-led consortium
Existing investors Keensight and Parquest to remain in share capital alongside company's management
Trilantic-backed Oberberg's auction delayed on market malaise
Factors including valuation discrepancies and debt markets may have slowed the psychiatry clinic's sale
H2 Equity's Optegra sale advances to second round
UK-based ophthalmology business has received NBOs implying an EBITDA multiple of more than 15x
