Buyouts
Mezzanine Management sells MBL to INVL
Seventh exit for Mezzanine Management's AMC funds in the last 12 months
Mandarin Capital buys Sidam
GP intends to create a platform for new acquisitions across the biomedical sector in Italy
Norvestor secures 75% of Smart Retur
Norvestor reportedly pays NOK 200-350m for its stake in the pallet distributor
Abac Capital backs Iberfrasa
GP invests via Abac Solutions, which closed on €320m in 2016 and is almost fully deployed across nine companies
Limerston buys Forensic Access, Axiom International
Management and founders will retain a significant minority shareholding as part of the transaction
Phoenix acquires Spy Alarms
Phoenix invests alongside founder and CEO, Tom Howard, who is reinvesting in the company
Nexxus Iberia backs Mercurius Health
GP invests via Nexxus Iberia Private Equity Fund I, which held a final close on €170m in February 2020
Investindustrial buys machinery producer Della Toffola
GP acquires a stake of 73.5%, while Vittorio, Francesco and Luciano Della Toffola retain the remainder
RCapital to acquire Archant through CVA
Archant's board says several options including a sale had been explored but a CVA was the best outcome
Piper sells Forthglade to IK
IK is currently investing from its IX fund, which closed on €2.85bn in May 2020
Pinova Capital invests in AT Automation Technology
Deal is the sixth from Pinova Fund II, which held a final close in January 2017 on €180m
BDC exits BigHand to Levine Leichtman
Los Angeles-based Levine Leichtman is currently investing from its sixth-generation fund
Mentha Capital acquires Rapid Circle
Deal is the GP's second of 2020, following its sale of Ardena to GHO Capital Partners in January
Aksìa backs machinery manufacturer Vomm
Third acquisition made by Aksìa Capital V, following its investments in Primo and Valpizza
Maguar Capital and co-investors acquire HRWorks
Aberdeen Standard Investments, EMZ Partners, Golding and LFPE are also backing Maguar's debut deal
Providence Strategic Growth acquires Sympa
GP is deploying equity from its new Europe-focused fund, which has so far raised around £650m
Waterland backs consulting company Moore Belgium
GP intends to support the company in accelerating its growth and strengthening its position in the Belgian market
Blue Equity acquires 40% stake in DTK Group
Deal reportedly values the company at well over DKK 100m, or €13.4m
Aliter invests in Temple Grange Partners
Aliter is currently investing from its debut fund, which closed on £92m in February 2017
Williams Grand Prix to sell WGPE to Dorilton for €152m
New York-based Dorilton Capital invests in companies with EBITDA of $4-25m
DBAG acquires Congatec
MBO of the computing and robotic components producer is the second deal from DBAG Fund VIII
Waterland buys Modstrøm Danmark
GP is reportedly paying DKK 200m for the company, which last year generated DKK 30m in EBITDA
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Adelis acquires majority stake in Red Ocean Technology
Norwegian IT company is expected to generate €16m in revenues this year, up from €12m in 2019
