Buyouts
Finance Wales backs Jet-Vac MBO
Finance Wales has backed the management buyout of UK-based industrial cleaning company Jet-Vac Systems with an undisclosed equity investment.
GED buys Révai Printing House
GED has wholly acquired Hungarian printing services provider Révai Printing House From the British Polestar Group.
Quadriga Capital acquires Lapp Insulators
Private equity house Quadriga Capital has bought Lapp Insulators from Andlinger & Company.
Rabo Capital backs Delta Wines MBO
Rabo Capital has signed an agreement with HAL Investments to buy a stake in Dutch wine wholesaler Delta Wines.
Palatine backs secondary MBO of Wealth at Work
Palatine Private Equity has provided funding for the secondary buyout of Wealth at Work from LDC.
Weinberg buys Climater off Industries & Finances
Weinberg Capital Parners (WCP) had acquired a majority stake in French climate engineering group Climater from Industries & Finances (I&F).
Eurazeo backs 3S Photonics MBO
Eurazeo has acquired a majority stake in French opto-electronic components manufacturer 3S Photonics.
Ergon acquires PharmaZell from Auctus and Lead
Ergon Capital Partners has acquired a 100% shareholding in German biotechnology company PharmaZell from Auctus Capital Partners and Lead Equities.
Carlyle buys Telecable for €400m
The Carlyle Group has won the bidding war for Spanish telecommunications provider Telecable de Asturias, beating CVC at the last hurdle with its offer, which values the company at €400m.
Sullivan Street acquires Taylor Continental for £15m
Sullivan Street Partners, alongside Oakfield Capital, has acquired Taylor Continental Group for £15m from ECI Partners.
ISIS acquires Onyx in management buyout
ISIS Equity Partners has acquired technology provider Onyx Group alongside its management team led by CEO Neil Stephenson.
Sun European carves out Kobusch-Sengenwald
Sun European Partners has acquired German packaging business Kobusch-Sengewald from its parent Pregis.
JC Flowers acquires Belgium's Fidea for €243.6m
KBC Group has signed an agreement to sell Belgian insurance provider Fidea to JC Flowers, in a deal worth a total of €243.6m.
Argos Soditic acquires BMF
Argos Soditic has acquired industrial company Bartholet Maschinenbau.
CIC LBO Partners leads Lefebvre Software MBO
CIC LBO Partners has backed the management buyout of French software business Lefebvre Software, alongside Women Equity Partners.
Alcuin takes a bite out of Krispy Kreme
Alcuin Capital Partners has backed the £25m management buyout of doughnut retailer Krispy Kreme UK.
Edmond de Rothschild offloads PE unit in MBO
La Compagnie Financière Edmond de Rothschild (LCFR) has sold its majority stake in the bank's funds-of-funds unit, Edmond de Rothschild Private Equity Select (Select), to Select's management.
Perceva Capital acquires 70% of Mariteam
Perceva Capital has acquired a 70% stake in French seafood specialist Mariteam.
Equistone leads Unither MBO
Equistone Partners (formerly Barclays Private Equity) has backed the secondary MBO of French pharmaceutical company Unither from ING Parcom, CM-CIC Investissement and Picardie Investissement.
Chequers Capital acquires Cordenka
Chequers Capital has acquired Cordenka group from private equity house CVC, chemical producer Akzo Nobel and Acordis-Management.
Inter-Risco leads €79m dental buy-and-build
Private equity firm Inter-Risco has created a shell company in the Portuguese dental services sector, which it expects to attract €79m of investment.
Penta Capital backs Six Degrees Group
Penta Capital has invested £60m in cloud service provider Six Degrees Group.
Gimv buys Walkro International
Gimv has acquired Walkro International, together with Monaghan Mushrooms, for an undisclosed amount from Bencis Capital Partners.
Primary buyouts resilient in Q3
Although market conditions remain difficult for private equity transactions across the spectrum, primary LBOs seem to have fared better than SBOs in the third quarter. Greg Gille reports