Buyouts
UK - Private equity interest in Creston
US-based private equity firm Cartesian Capital Group is believed to have declared an interest in acquiring Creston Plc, a London-listed marketing and communications agency.
FRANCE - CAPE acquires Sepchat and Ludovic Le Gall
Crédit Agricole Private Equity (CAPE), through CACI 3, has completed the dual acquisition of recycling businesses Sepchat and Ludovic. The companies will be merged into a single entity, in which CAPE will hold a 60% stake.
FRANCE - CAPE invests in Melkonian
Crédit Agricole Private Equity and Sofipaca have backed the buyout of Groupe Melkonian, a producer of mining materials, alongside the Melkonian family.
UK - Matrix backs buyout of Metropress
Matrix Private Equity has backed the buyout of newspaper publisher Metropress Ltd.
FRANCE - Argos acquires LEXSI
Argos Soditic has acquired a majority stake in security consultancy Laboratoire d’Expertise en Sécurité Informatique (LEXSI) as part of a management buyout transaction, with founder Jöel Rivière and the management retaining the balance of the equity....
SWEDEN - Axcel takes 90% stake in John Bauer Organization
Axcel has acquired a 90% stake in Swedish education company John Bauer Organization AB (JBO) from founder Rune Tedfors. Tedfors will retain a minority stake.
PORTUGAL - Explorer closes Probos MBO
Explorer has completed the management buyout of packaging company Probos. The transaction was carried out via Explorer II fund.
FRANCE - Bridgepoint Capital et al sell Pisto
Bridgepoint Capital, Banexi Capital Partenaires and BNP Paribas Développement have exited their investment in oil services company Pisto in a trade sale to Australian financial services giant Macquarie Group.
FRANCE - Barclays PE acquires Aerocan
Barclays Private Equity has acquired Aerocan, a manufacturer of aluminium cans and bottles, from N.I. Partners in a secondary buyout.
FRANCE - Abénex et al complete EUR 329m Buffalo Grill acquisition
Abénext Capital, iXEN and NI Partners have finalised their secondary buyout of Buffalo Grill from Colony Capital, in a deal that values the restaurant chain at EUR 329m.
GERMANY - Süddeutsche Beteiligung acquires Schwäbische
Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.
GERMANY – Finatem-backed DNZ acquires DWSI
Finatem Beteiligungsgesellschaft has backed portfolio company DNZ Deutsche Notrufzentralen und Sicherheitsdienste Holding GmbH in its acquisition of DWSI Dresdner Wach- und Sicherungsinstitut GmbH from Arndt Sicherheit und Service GmbH and several private...
FRANCE - CAPE and CIC divest Ital Express in SBO
Crédit Agricole Priavte Equity (CAPE) and CIC Finance have sold auto parts business Ital Express in a secondary buyout to LFPI.
SWEDEN - Valedo acquires menswear company
Valedo has acquired Oscar Jacobsen, a Swedish menswear chain, from the Bengtsson family for an undisclosed sum.
UK – Sun Capital-backed SSG acquires French arm of G4S
According to reports, Security Services Group, which is backed by US investor group Sun Capital Partners, has acquired the French arm of security firm G4S in a deal thought to be worth ТЃ50m.
FRANCE – AtriA backs EUR 65m AltéAd MBO
AtriA Capital Partenaires has backed the EUR 65m management buyout of heavy industry support services company AltéAd, alongside historic investors IPO, Ouest Croissance and Synergie Finance. The company managers, Jean-François Torres and Jean-Baptiste...
ITALY - Clessidra acquires MPS asset management subsidiaries
According to reports, Clessidra Sgr has acquired a controlling interest in the asset management subsidiaries of Italian bank Monte dei Paschi di Siena (MPS).
GERMANY - NORD Holding backs MBO of IGEL
NORD Holding Unternehmensbeteiligungsgesellschaft mbH has taken a majority stake in thin clients company IGEL Technology GmbH as part of a management buyout from parent company the Melchers Group. Melchers Group and managing partner Heiko Gloge will together...
ITALY – MPS and Arca Impresa acquire Cadey
MPS Venture SGR Spa and Arca Impresa Gestioni SGR have acquired cosmetics manufacturer Cadey in a management buy-in for an undisclosed sum.
ITALY - Arca Impresa achieves 42% IRR from Garioni SBO
Arca Impresa Gestioni SGR has sold its majority stake in engineering business Garioni Naval in a secondary buyout to Cape-Natixis valued at approximately EUR 16m, achieving a 2.5x money multiple and a 42% IRR over the course of the investment.
FRANCE - CIC and IDI take Alti private
CIC LBO Partners, through the CIC LBO Fund, and IDI have acquired IT engineering company Alti after taking a majority stake in the Euronext-listed holding company Financière Alti.
FRANCE - Finadvance Capital acquires Decitre
Finadvance Capital has acquired a 57% stake in bookstore brand Decitre. The founding family will retain a 37% stake, with the remaining 6% being held by Espin Participations.
SPAIN - Sabadell and Caja Navarra back lighting manufacturer
Sabadell’s, through its fund Aurica XXI, and Corporación Caja Navarra have signed an agreement to acquire a 30% stake in lighting specialist J Feliu de la Penya, reports suggest.
GERMANY – HANNOVER Finanz back Geti Wilba MBO
HANNOVER Finanz has backed the MBO of frozen foods company Geti Wilba GmbH & Co KG from Nestlé Deutschland AG for an undisclosed sum.