Buyouts
OpenGate acquires Kotka Mills
Global private equity investor OpenGate Capital has acquired the Kotka Mill division of Finnish wood and paper products manufacturer Stora Enso, for total consideration of up to €24m in cash and earnouts.
Private equity bidding for RBS' WorldPay
Recent press reports suggest that private equity parties will figure strongly in the second round of bidding for RBS’ payment processing business WorldPay.
Trilanctic in sale talks over MW Brands
Media reports suggest that private equity firm Trilantic Capital Partners has allegedly launched talks with banks over the possible sale of canned seafood firm MW Brands.
PE interested in Evershot
Media reports suggest that CVC Capital Partners and a consortium of Morgan Stanley Infrastructure, 3i Infrastructure and Star Capital have put forward bids in the £2bn auction of HSBC’s UK rail unit Evershot.
Avenir invest in Estivel
Avenir Entreprises has staged an LBO of Estivel alongside Alban and Lise Maurial, the company founders, a luxury real estate agency focused on the Aquitaine region in France.
Private Equity investors court clothing retailer Phase Eight
Lloyds Development Capital, Inflexion and Change Capital have held discussions to acquire UK clothing retailer Phase Eight, according to media reports.
Private equity shows interest in Avolon
Press reports today suggest that CVC, Cinven and Oak Hill Capital Partners are poised to take a joint controlling stake in the Irish aircraft leasing business Avolon in a deal worth over $500m.
Amadeus prepares €1.36bn IPO
Amadeus IT Holding, the travel reservations company backed by BC Partners and Cinven, is finalising the preparations for its listing. The company is scheduled to debut in the Madrid bourse on 29 April.
CVC takes 35% stake in R
CVC Capital Partners has acquired, a 35% of Spanish cable operator R, valuing the company at around €675m.
Procuritas acquires Gram Equipment AS
Procuritas Capital Investors (PCI) has acquired Danish-based supplier of advanced ice cream machines, Gram Equipment, for an undisclosed sum.
Perusa acquires Kammann out of insolvency
Perusa GmbH has acquired industrial machinery company Kammann from its Perusa Partners I fund.
Primary Capital backs £20m Güralp BIMBO
UK mid-market private equity investor, Primary Capital, has backed the £20m buy-in management buyout (BIMBO) of Güralp Systems - a manufacturer of geophysical instruments and networks.
MCH PE to buy share of Garavilla
MCH Private Equity is set to purchase a majority share of Conservas Garavillain from the Garavilla family in a deal which is expected to close in the coming days.
Siparex stage OBO of Passman
Siparex has invested via an OBO deal in Passman, a company specialised in internet access solutions for the hotel industry.
Abris Capital to purchase Masterlease Polska
CEE-focused mid-market private equity group Abris Capital Partners is set to acquire Polish auto fleet management business Masterlease Polska for an undisclosed sum.
Better Capital acquires Reader's Digest UK for £13m
Better Capital has completed a second acquisition; the management buyout of the UK business of Reader's Digest in a transaction valued at £13m, which secures the future of the business.
Candover to inject £15m into DX Group
Candover-backed UK and Ireland independent mail and courier business DX Group has agreed to a capital refinancing and a management buy-in led by Petar Cvetkovic and David Hoare.
Permira and AXA circle Go Voyages
Permira and AXA Private Equity are in a final run off to acquire Go Voyages, an internet company, for between €300-400m from shareholders Financière Agache (held by the Arnault group), Compagnie Nationale à Portefeuille and Albert Frère who own a...
Triton acquires Stabilus in debt-for-equity swap
Triton has become the new owner of Stabilus GmbH following a debt-for-equity swap.
Riverside acquires Eska Implants for Summit Medical
The Riverside Company has acquired German Eska Implants AG as a bolt-on for its UK-based portfolio company Summit Medical Group Limited.
Abris backs Masterlease MBO
Central and Eastern Europe private equity investor Abris Capital Partners has backed the management buyout of Polish fleet management company Masterlease Polska. No financial details have been disclosed.
Gresham backs £12.3m MBO of LAS
Gresham has backed the £12.3m management buyout of claims manager Lanes Assistance Services (LAS) from existing shareholder Lanes Group plc.
Herkules acquires Elis
Norwegian GP Herkules Capital has wholly acquired software company Elis AS from Data in Vest AS, Hafslund Venture and Elis employees.
Sun Capital acquires 3D Entertainment assets in pre-pack
Sun Capital Partners has acquired certain assets of 3D Entertainment Group Ltd., a UK-based operator of late night bars.