Buyouts
Chubb Fire & Security draws Bain-Advent consortium in £2bn sale
Previous process was halted in 2019 after bidders submitted lower than expected offers
Advent exits Circet to ICG
Sale ends a three-year holding period for Advent, which bought the company from CM-CIC Investissement
HIG buys Travis Perkins' P&H in £325m deal
GP plans to use its experience in specialised distributors to support the plumbing and heating firm
Castik transfers Waterlogic to €700m single-asset fund
Vehicle acquires a majority stake in Waterlogic from Castik's €1bn first fund Epic I
Macquarie buys Wavenet from Beech Tree
Macquarie intends to boost the company's growth and provide a renewed focus on strategic acquisitions
IGI buys OME Group
GP invests in the company via IGI Investimenti Sei, which held a €170m final close in July 2020
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
Endless's Enact carves out Jost's Edbro
Hydraulic cylinder producer is the third deal of 2021 from the GP's Enact strategy
Exponent acquires Gü
Exponent said in a statement that the dessert producer has international expansion potential
Warburg Pincus, Macquarie invest in Premier Technical Services
Macquarie Capital acquired PTSG in a take-private in 2019 and is reinvesting in the new buyout
KKR buys majority stake in ERM from Omers, AIMCo
Omers Private Equity backed the sustainability consultancy in 2015; the exit is valued at $2.85bn
Screen Capital buys machine rental firm Tätab Hyrservice
Deal is in line with a generational change in ownership of Tätab, which was established in 1963
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Raise, IDI buy PE-backed Talis Education
Azulis Capital and Aquiti Gestion invested in the professional training provider in January 2020
Abénex backs medical imaging software provider EDL
GP plans to support the company in boosting its organic growth and accelerating its expansion through targeted add-ons
Bluefront Equity acquires Norwegian firm Redox
GP is acquiring a 51.8% stake in the company, alongside its management, according to Finansavisen
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Chequers Capital to carve out Corning Services
GP plans to assist the telecommunications service with a buy-and-build strategy
Eurazeo invests in I-Tracing in €165m deal, Keensight exits
Following the deal, Sagard NewGen invests as a minority shareholder in a holding company controlled by Eurazeo
HIG acquires majority stake in Infratech Bau
GP intends to support the infrastructure project contractor through organic and acquisitive growth
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
Bain Capital buys Valeo from CapVest
Bain intends to further boost the company's growth both organically and through acquisitions
Equistone buys majority stake in TimeToAct
Germany-based IT consultancy is to be Equistone's fourth platform investment of 2021