Buyouts
Gimv sells Summa to Ergon
Gimv acquired a majority stake in the Belgium-based digital cutting machines producer in 2016
EQT sells Iver to ICG
EQT claims that, under its ownership, the company more than tripled its revenues over the last three years
Livingbridge buys World of Books from Bridges
Bridges partially exits the company five years after paying ТЃ13m for just over 50% of the company.
Charterhouse to exit Siaci Saint Honoré to OTPP et al.
OTPP, Cathay, BPI France and Ardian back the deal and SSH's merger with market peer Diot
Apollo confirms interest in Morrisons bid
PE firm would have to top a ТЃ9.52bn EV offer from a Fortress-led consortium made over the weekend
Montagu buys Waystone from MML
Acquisition of the fund advisory firm is Montagu's third SBO of 2021, according to Unquote Data
Bid Equity sells Myneva to Summa
Bid Equity had reportedly mandated GCA Altium to consider sale options at the beginning of the year
Charterhouse buys Labelium from Qualium
B2B digital marketing agency made six add-ons during Qualium's three-year investment period
CapMan acquires Verdane's MM Sports
Verdane mandated Clearwater International in Q1 to assess its exit options
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed
Polaris sells ProData Consult to Axcel
Axcel reportedly pays nearly DKK 2bn (тЌ269m) for the company, suggesting a 13.3x EBITDA multiple
Capiton buys majority stake in Axxence Group
GP is backing the natural aroma chemicals firm via Capiton VI, which is on the road targeting €550m
Evoco sells Plumettaz to Invision
Evoco bought the cable-laying equipment producer in a six-company portfolio deal in 2015
Livingbridge buys majority stake in VC-backed Semafone
Octopus Ventures and BGF exit the data security and compliance software developer
Verdane acquires Silva and Nordic Vehicle from Karnell
Karnell's exit comes a decade after it invested in both Silva and Nordic Vehicle.
Five Arrows invests £120m in Causeway Technologies
Deal follows the GP's ТЃ300m SBO of Sygnature Discovery from Phoenix Equity Partners
Altor buys Palette Software from Monterro
Monterro's exit comes six years after it acquired a minority stake in the company
Phoenix nets 4.3x return on sale of Rayner Surgical to CVC
CVC will deploy equity from its Fund VIII, which held a final close on ТЃ21.3bn
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Phoenix confirms Sygnature sale to Five Arrows
Deal is the third strong exit from Phoenix's 2016 fund, following Travel Chapter for 3.6x and Rayner for 4.3x
Cinven buys Arcaplanet from Permira in €1bn-plus deal
Pet care retailer reportedly fetched more than €1bn
Brookfield buys Modulaire from TDR in $5bn deal
TDR Capital acquired a 66.98% stake in Modulaire as part of a €478m take-private in 2004
Riverside buys Danish cybersecurity firm Cryptomathic
GP was supported by its institutional co-investors on the deal and plans to carry out add-ons in the cryptography space
Klar to acquire Finnish installation company QMG
GP will merge QMG with its recently acquired Swedish portfolio company Sandbackens to create a new group