Buyouts
Abraaj Group acquires Fan Milk from Maj Invest
Abraaj Group has agreed to acquire Fan Milk International from the Emborg family, Maj Invest Equity and the management.
Isis invests £3.5m in MBO of Armstrong Craven
Isis Equity Partners has backed the management buyout of UK-based specialist search and intelligence consultancy Armstrong Craven with a ТЃ3.5m investment.
Endless supports James Briggs MBO
Endless has backed the management buyout of aerosol and speciality chemical supplier James Briggs.
Triton acquires Logstor from Montagu
Triton has agreed to acquire Danish pipe systems supplier Logstor from Montagu Private Equity and other shareholders.
Nordic Capital exits EG, reaps 4x money
Nordic Capital has agreed to sell Danish IT software and services provider EG to Axcel for тЌ160-170m, reaping a 4x money multiple and a 30% IRR.
Eurazeo buys Péters Surgical from UI Gestion
Eurazeo PME has acquired French medical devices manufacturer Péters Surgical from UI Gestion in a transaction that values the firm at €45m.
Norvestor backs Future Production
Norvestor has agreed to invest in Future Production, a Norwegian provider of tailor-made equipment to the offshore rig industry.
Axa PE and Fosun increase Club Med bid
Axa Private Equity and Fosun International have increased their offer to wholly acquire listed French holiday resorts group Club Méditerranée to €17.50 per share, up from the initial offer of €17 per share.
NVM backs Kirton MBO
NVM Private Equity has backed the ТЃ5.5m MBO of Kirton Group, a UK manufacturer and supplier of specialist seating products for the elderly and disabled.
Electra buys Allen & Heath for £43m
Electra Partners has acquired Allen & Heath Ltd, a manufacturer of audio mixing consoles, from Japanese and American audio equipment corporation D&M Holdings Inc for ТЃ43m.
Kennet Partners and Fidelity Growth buy Rivo Software
Kennet Partners and Fidelity Growth Partners Europe have acquired UK-based software company Rivo Software.
Gimv backs MBO of Luciad
Gimv has acquired a majority stake in Luciad, a Belgian supplier of situational awareness systems-building software, alongside the company’s management.
Carlyle buys Marelli Motori for €212m
The Carlyle Group has acquired Italian industrial generators and motors company Marelli Motori from Melrose Industries for €212m.
Bain to buy Maisons du Monde from Apax, LBO France
Bain Capital has agreed to acquire French home decorations and furniture retail business Maisons du Monde in a secondary buyout understood to be worth around €650m – close to 8x EBITDA.
Springer Science: EQT opts for €3.3bn sale to BC Partners
EQT Partners and the Government of Singapore Investment Corporation (GIC) have agreed to sell German media publisher Springer Science to BC Partners for €3.3bn.
Eurazeo acquires IES from Demeter
Eurazeo Croissance has acquired a 93% stake in the secondary buyout of electric vehicle chargers manufacturer IES Synergy from Demeter Partners.
ECM sells Kadi to Paragon
ECM Equity Capital Management has sold its majority stake in Kadi AG, a Swiss frozen food manufacturer, to Paragon Partners and the company’s management team.
Ekkio Capital backs Compagnie des Vacances
French GP Ekkio Capital, formerly known as Acto Capital, has acquired a 40% stake in online camping sites booking business Compagnie des Vacances.
Altor and Bain bid for Ewos
Altor and Bain Capital have submitted an offer to Cermaq ASA to acquire Norwegian fish feeding company Ewos, valuing the business at NOK 6.2bn.
Cinven buys Ceramtec for €1.5bn
Cinven has acquired Ceramtec, the Germany-based ceramics subsidiary of NYSE-listed chemicals and advanced materials company Rockwood Holdings, for €1.5bn.
Axa PE buys Trescal in €250m SBO
3i stands to double its money in a little less than three years after agreeing to sell French measurement services specialist Trescal to Axa Private Equity for around €250m.
NVM supports CBio MBO
NVM Private Equity has invested ТЃ3m in the ТЃ4.4m management buyout of environmentally-friendly waste treatment business Cleveland Biotech (CBio).
Altor's Elixia merges with Sats and Fresh Fitness
Altor Equity Partners and TryghedsGruppen have agreed to merge Nordic fitness chains Sats, Elixia, Fresh Fitness, Safe and Metropolis.
Bridges sells The Gym Group to Phoenix
Bridges Ventures has sold a majority stake in The Gym Group to Phoenix Equity Partners, realising a 3.7x money multiple and a 50% IRR.