Buyouts
UK - Finance Wales backs Vista buyout
Finance Wales has backed the buyout of Vista Support Services Group Ltd from its parent DigiPos Store Solutions Group.
GERMANY - LPR Capital acquires OLIGO Lichttechnik
LRP Capital has acquired lighting company OLIGO Lichttechnik for an undisclosed sum.
GERMANY - Granville Baird backs MBO of Meier Vakuumtechnik
Granville Baird has acquired majority stake in Meier Vakuumtechnik GmbH, a provider of equipment for photovoltaic solar cells, as part of a management buy-out.
ITALY - Stirling Square backs buyout of Microtecnica
Stirling Square Capital has backed the buyout of Microtecnica, a flight critical aerospace component and sub-system manufacturer, from Hamilton Sundstrand, a subsidiary of United Technologies Corp, for an undisclosed sum.
UK - Phoenix acquires LK Bennett
Phoenix Equity Partners and Sirius Equity have agreed to invest in fashion brand LK Bennett in a deal rumoured to be worth around ТЃ100m.
UK - Fidelity acquires Picsolve in £33m deal
Fidelity Equity Partners has acquired photographic systems and services provider Picsolve International from its formers investors, led by Meridian Equity, in a ТЃ33m deal.
UK - Advent wins auction for Craegmoor
Advent International has acquired Craegmoor Healthcare Group from LGV Capital, beating off competition from nursing home operator Southern Cross Healthcare in the final round of bids.
SWEDEN - Riverside acquires MekoTeknik
The Riverside Company, via Riverside Europe Fund III (REF III), has acquired MekoTeknik, a Swedish precision steel machining company for a total consideration of between EUR 5m and EUR 10m. A mezzanine tranche was provided by Eqvitec Mezzanine to support...
NETHERLANDS - Lion Capital and Egeria acquire Ad van Geloven
Lion Capital and Egeria have acquired Ad vang Geloven, a Dutch producer of frozen meal components.
NETHERLANDS - Doughty Hanson acquires TMF for EUR 750m
Doughty Hanson has acquired a majority stake in TMF, a Dutch global management and accounting outsourcing services company, for EUR 750m. The management and founders retain a significant stake in the business.
FRANCE – AXA take 57.1% of the Altares Group
AXA Private Equity has acquired a 57.1 % stake in B2B information provider Altares Group.
UK - GfK in talks with Cinven over TNS bid
German market research group GfK is reportedly in talks with Cinven in relation to a potential joint bid for UK research group TNS.
GERMANY – PAI Partners and Goldman Sachs acquire Xella for EUR 1.9bn
PAI partners and Goldman Sachs Capital Partners have acquired building material company Xella International GmbH from Haniel Group for EUR 1.9bn.
CEE – Austrian firms support Herkulane's buy-in
Erste Bank and its Romanian subsidiary Banca Comerciala Romana (BCR) have provided senior debt for the buy-in of Romanian water manufacturer Herkulane by a Romanian investors group, while Mezzanine Management GmbH has provided the mezzanine debt for the...
RUSSIA - East Capital acquires 33.3% of Morgan & Stout for EUR 1.02m
East Capital Financials Fund has acquired 33.33% of Russian debt collection agency Morgan & Stout for EUR 1.02m.
FRANCE - Garibaldi et al invest EUR 1.2m in Addev
Naxicap Partners, Garibaldi Participations and Midi-Pyrénées Croissance have completed a management buyout of Addev, the holding company of adhesives producer Adhis.
FRANCE - Weinberg purchases Balitrand
Weinberg Capital Partners has acquired a majority stake in building fixtures distributor Balitrand group, alongside the management. The Balitrand and Faubert families have diluted their respective stakes in the business.
UK - Cohen and Jefferies invest in International Asset Management
Apax Partners co-founder Sir Ronald Cohen and Jeffries Group have backed the management in their buyout of hedge funds manager International Asset Management (IAM) from Dutch bank Fortis Investment.
RUSSIA - Dubai World Partners back OAO OGK-1
According to reports, the state-owned investment group Dubai World and Russian energy trader Roskommuenergo have acquired Russian wholesale power producer OAO OGK-1 in a deal valued at USD 5.34bn.
ITALY - Palladio acquires yacht manufacturer Tecnomar
Palladio has acquired a majority stake in ship manufacturer Tecnomar, with the balance being retained by brothers Roberto and Maurizio Zappelli and Maurizio Magrim, who will remain as at the head of operations in the shipyard.
ITALY - Barclays exit industrial manufacturer CEME
Barclays Private Equity has agreed to sell fluid control components producer CEME Group to Investcorp, the global provider and manager of alternative investment products. The current management team will also reinvest in the company.
ITALY - Credem acquires graphic sector player
Credem Private Equity, through the Credem Venture Capital fund, has acquired a 60% stake in graphic design business Galeati Industrie Grafiche in a management buyout.
UK - Penta acquires IDSS
Penta Capital has acquired support services group IDSS Holdings Ltd for an undisclosed sum.
FRANCE - CDC and Socotec in exclusive negotiations
CDC Capital Investissement have entered exclusive negotiations to acquire a majority stake in building inspection company Socotec alongside the management and employees.