Buyouts
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Evoco carves out six industrial companies from Gesco
GP is deploying equity from its third fund, Evoco TSE III, which held a first close in June 2020 on €93m and is targeting €150m
Livingbridge invests in Welltel
Livingbridge intends to accelerate Welltel's growth plans by supporting its M&A programme
Invision sells TonerPartner to Gilde Buy Out Partners
Gilde is currently investing from its Buyout Fund V, which closed on €1.1bn in November 2015
Aksia in exclusive talks to acquire MIR – report
De'Rossi & Associati is reportedly acting as a legal adviser to MIR, while Mediobanca is running the process
IK sells Signature Foods to Pamplona
IK acquired the company from its IK VII fund, which closed on €1.4bn in October 2013
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on £575m in February 2017
Arcus buys majority stake in BitterLiebe
Founders of the bitter dietary supplements producer are to retain a minority stake in the company
Ardian buys AD Education
BC Partners and CVC were also reportedly among suitors mulling a bid for AD Education
Toscafund, Penta to acquire TalkTalk for £1.1bn
Consortium offered 97 pence per share, a premium of 16.4% on the unaffected share price of 83.3 pence
Omnes buys minority stake in Tennaxia
Company will use investment to step up cross-selling strategy, strengthen sales teams, and attract new customers
LDC exits Texthelp, Five Arrows invests
LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners
Northstar invests in Vectair
Mobeus sold the business for an 8.3x return to Oxbow and Arcspring in December 2020
Mutares to acquire Primetals Technologies France
Deal will see the business carved out from its parent company on expected completion in February 2021
Auctus acquires Energiekonzepte Mitteldeutschland
Solar panel installation business intends to pursue a buy-and-build strategy in the German market
Equinox buys pesto specialist Clas
Equinox invests in the business via its Equinox III fund, which closed on €360m in July 2020
Procuritas buys and merges Medpro and Omtanken
GP is deploying equity from Procuritas VI, which held a final close on €318m in May 2017
Mobeus backs £9.5m ABL1Touch buyout
Management team will be joined by Bill Duffy, previously of Nationwide Autocentres
Providence buys La Centrale
Following the deal, which is expected to close in Q1 2021, Axel Springer will retain a minority stake
FSN to acquire 45% stake in Obton
GP is reportedly paying €403m for its stake, corresponding to a valuation of 25x profit for 2019
AnaCap acquires Novia
Total equity in the business was worth £26.7m as of April 2020, according to Companies House
Peninsula, Azimut buy Isola dei Tesori
Deal also includes a capital increase to support the company's growth, expansion plan and acquisition strategy
Main Capital acquires Perbility
GP is investing via Main Capital VI and sees buy-and-build opportunities for the HR software
