Buyouts
FSI Régions invests in Altec MBI
FSI Régions and venture capital firm MPcroissance have backed the management buy-in of French agricultural equipment manufacturer Altec.
HIG combines US and European metallised paper firms
HIG Capital has acquired Belgium-based ARMetallizing (ARM) and US-based Vacumet Paper from their corporate parents, and will merge the businesses following the transaction.
Initiative & Finance acquires Fil Rouge in BIMBO
Initiative & Finance (I&F) has taken a majority stake in the buy-in management buyout of French marketing group Fil Rouge.
French capital gains tax reform spells trouble for PE
The French government is pushing forward with an in-depth tax reform, as announced by new President François Hollande during the Spring election, which will see capital gains taxed at the same rate as income tax – a move likely to worry local fund...
HIG acquires Rio Tinto's speciality alumina business
HIG Capital has completed the acquisition of the speciality alumina business of listed company Rio Tinto.
Corporate spin-offs still few and far between
Primary transactions tend to be harder to source across the board nowadays, but corporate spin-offs have proved particularly elusive since 2009: while deals sourced from a trade player accounted for nearly a fifth of European buyout dealflow that year,...
Ciclad takes majority stake in Inovelec SBO
Small- and mid-cap focused GP Ciclad has acquired French electronic equipment manufacturer Groupe Inovelec alongside the group's founders and managers.
Stock markets blocking the PIPE
The number of investments by private equity funds in publicly traded shares has fallen significantly in the past two years as the stock market has detached from measures of GDP, according to figures from unquote” data.
IK takes over AXA PE's Unipex
IK Investment Partners has acquired a majority stake in French speciality chemicals business Unipex Group from AXA Private Equity.
WHEB and Hermes GPE invest £13m in WEMS
WHEB Partners and Hermes GPE have invested £13m in smart energy company Wireless Energy Management Systems International Ltd (WEMS).
EdRIP backs Groupe DEFI spin-off
Edmond de Rothschild Investment Partners (EdRIP) has taken a minority stake in the management buyout of French advertisement technology specialist Groupe DEFI.
LPs getting to grips with the (right) secondary buyout
Secondary buyouts
Metric invests in Dutch hotel developer
Metric Capital Partners has committed €120m to Dutch hotel developer and operator TVGH.
Chasing the primary deal
Firsthand experience
Polaris takes controlling stake in A-TEX
Polaris Private Equity has bought a controlling stake in Danish fashion branding solutions provider A-TEX from the business's founder Bent Fogh Povlsen.
Palamon sells Espresso House for 3.4x money
Palamon Capital Partners has sold Swedish coffee chain Espresso House to Herkules Capital, generating a 3.4x multiple.
NVM backs MBO of Silverwing Group
NVM Private Equity has backed the £7.5m management buyout of Welsh testing specialist Silverwing Group.
OpenGate buys Zodiac Recreational
OpenGate Capital has acquired French inflatable boats manufacturer Zodiac Recreational from its parent Zodiac Marine & Pool, a Carlyle portfolio company.
European buyout dealflow picks up in July
European private equity dealflow remained stable in July, with an increase in buyout activity making up for lackluster growth capital and early-stage investments, resulting in a significant value uptick.
Foreign GPs boost Nordic buyout figures
Two months into the second half of 2012 and buyout statistics for the Nordics send out mixed signals.
Demeter Partners and WMS invest in Dr. Födisch Umweltmesstechnik
Demeter Partners and CFH Beteiligungsgesellschaft's Wachstumsfonds Mittelstand Sachsen (WMS) have acquired a 26.5% stake in German cleantech business Dr. Födisch Umweltmesstechnik.
PAR Capital secures majority stake in Advanced Inflight Alliance
US firm PAR Capital Management has bought an 86% stake in German listed inflight entertainment company Advanced Inflight Alliance (AIA) following a public takeover offer.
Penta Capital in £560m offer for Redrow
Listed UK house builder Redrow has received a takeover approach from its chairman, backed by a number of investment funds including Penta Capital.
ISIS backs MBO of Impetus Automotive
ISIS Equity Partners has supported the MBO of consultancy firm Impetus Automotive.