Buyouts
Capiton buys Kautex Maschinenbau from Steadfast
Capiton AG has acquired German manufacturer Kautex Maschinenbau in an SBO from Steadfast Capital valued at €50-100m.
Capital Dynamics and Arx buy Fincentrum
Capital Dynamics and Arx Equity Partners have bought a majority stake in Czech financial advisory services provider Fincentrum for an estimated CZK 750m.
Equistone IV to sign ninth deal
Equistone Partners, which has recently closed its Equistone IV fund on €1.5bn, is set to acquire French food machinery business Groupe Brétèche, according to a filing made with the French competition authority.
21 Partners backs Farnese Vini
21 Partners has acquired a majority stake in Italian wine producer Farnese Vini, according to reports in the local press.
Capvis buys Nicko Tours
Capvis has bought a majority stake in river cruises operator Nicko Tours as part of a succession plan.
Siparex et al. take stake in Malherbe SBO
A consortium led by Siparex has backed the tertiary buyout of French transport group Malherbe from Nixen Partners.
Enterprise Investors to acquire Scitec Holding BV
Enterprise Investors has acquired a significant majority stake in international sports nutrition company Scitec Holding BV, together with its minority co-investor Morgan Stanley Alternative Investment Partners.
France's fresh start
Fresh start
Inflexion’s NPW refinanced with £10m Clydesdale package
The February 2012 buyout of London-based impulse giftware retailer Natural Products Worldwide (NPW) saw Inflexion bridge the initial deal with a view to refinancing later.
UK Watch: Large deals boom in 2012
The final quarter of 2012 saw the highest large deal volume since early 2010, according to the latest unquote” UK Watch, in association with Corbett Keeling.
GMG shelves Trader Media Group deal
Guardian Media Group (GMG) has ended talks to sell its stake in car classifieds business Trader Media Group (TMG) – a deal that could have seen Apax Partners take full control of the company – according to reports.
Indufin takes 40% stake in SecureLink
Indufin has acquired a 40% stake in Belgian IT networking and security solutions provider SecureLink.
Mega-buyouts bolster Q4 activity figures
The €11.6bn overall enterprise value of Q4’s large-cap deals is the largest total since the third quarter of 2010, which itself was by some margin ahead of every quarter since Q3 2007 (see chart).
PE and venture houses converging on growth
Buyout houses and venture capitalists are increasingly moving into the growth capital space due to pressure in their normal market segments, according to Taylor Wessing.
Alliance Entreprendre takes majority stake in Marline
Alliance Entreprendre is believed to have taken a majority stake in the SBO of French motor fuel producer Marline from Initiative & Finance.
unquote" Private Equity Barometer - Q3 2012
Private equity dealflow has remained subdued over the three months to September, with the number of transactions completed plummeting 35% to 182 deals while the aggregated value dipped 14% to €11.7bn.
PineBridge invests €26m in Work Service
PineBridge Investments has acquired a 20.02% stake in listed Polish staffing and personnel business Work Service for €26m.
Q4 Barometer: European deal value up 82%
Q4 Barometer
Siparex and Somfy buy Sofilab
Siparex and Somfy Participations have taken a majority stake in Groupe Sofilab, a French producer of livestock watering troughs.
EdRip et al. support Groupe Marietton OBO
Edmond de Rothschild Investment Partners (EdRip), Crédit Agricole Régions Investissement and Siparex have backed the secondary owner buyout of French travel specialist Groupe Marietton.
BlackFin Capital buys Compamut
BlackFin Capital Partners has bought a controlling stake in French insurance comparison business Compamut, according to reports.
Milestone buys ITX
Milestone Capital Partners has bought Geneva-based intra-group mobility service provider ITX in a management buyout from the company's founders.
EdRIP invests in secondary OBO of Itesa
Edmond de Rothschild Investment Partners (EdRIP) has taken a minority stake in the owner buyout of French security equipment distributor Itesa, allowing existing backer MBO Partners to exit the business.
Naxicap set for Thermocompact P2P
Naxicap Partners is set to take French metallic surface coating specialist Thermocompact private in a transaction that would value the business at nearly €50m.