Buyouts
Vespa Capital backs MBO of SDS
Vespa Capital has staged a management buyout of SDS, a company focused on the production of spare parts for the household good sector. Debt for the transaction was provided by Crédit du Nord, LCL and CCSO.
AXA PE to bid for KBC’s private equity division
According to reports, AXA Private Equity, alongside Belgian investment group Sofina, is in the bidding process for the acquisition of KBC Private Equity.
KKR invests in Ambea as co-lead with Triton
US-based KKR has joined Triton in its investment in Nordic healthcare specialist Ambea.
Gimv and Capricorn invest €24m in Punch Powertrain
Gimv and Capricorn have jointly invested €24m in automotive component manufacturer Punch Powertrain.
TA Associates acquires Cath Kidston
TA Associates has acquired a majority stake in floral print company Cath Kidston.
Sun European bids for Rio Tinto’s Alcan Beauty
Private equity investor Sun European Partners has made a binding offer to acquire Alcan Beauty Packaging from Rio Tinto.
Good things come in small-cap packages
Small-cap buyouts: a resilient and promising sector. Deborah Sterescu reports.
NVM invests £9m in Kerridge MBO
NVM Private Equity has backed the management buyout of Kerridge Commercial Systems from NASDAQ-listed Automatic Data Processing.
AXA and F2i to bid for Endesa’s gas assets
It is understood that AXA Private Equity and Italian investor Fondi Italiani per le Infrastrutture (F2i) are joining forces to bid for the acquisition of utilities company Endesa gas' assets in Spain.
Norvestor invests in Advantec
Norwegian private equity firm Norvestor has invested in oil service company Advantec.
Herkules acquires New Store Europe
Norwegian buyout house Herkules Capital has acquired New Store Europe, a shop interior company.
EdRIP purchase 25% holding in Geotec
Edmond de Rothschild Investment Partners (EdRIP) has acquired a 25% stake in Geotec Group, an industrial services company, in an OBO deal.
HgCapital acquires StepStone Solutions for €110m
HgCapital has acquired StepStone Solutions the talent management software division of StepStone ASA, in a deal valued at €110m.
HgCapital acquires majority stake in JLA Ltd
European investor HgCapital has acquired a majority stake in the UK’s largest laundry equipment supplier JLA limited.
Ontario Teachers' wins lottery operator Camelot in £389m deal
More and more LPs are looking to bypass GPs and invest in target companies directly rather than through third-party funds. Ontario Teachers' is leading the pack, reports Deborah Sterescu.
Synova acquires Dental Buying Group
Synova Capital has backed the buyout of dental products and services provider Dental Buying Group (DBG) in a deal of undisclosed value.
Citigroup loses appeal to drop EMI suit
Citigroup has lost its appeal to dismiss Terra Firma's lawsuit, as US District Judge Jed Rakoff in Manhattan rejected the bank's argument that dispute should be held in a UK court.
Valedo exits Solhaga in SBO to Bridgepoint
Valedo Partners has sold health care business Solhaga to Bridgepoint Development Capital.
Sovereign Capital backs £10m MBO of RehabWorks
Sovereign Capital has backed the £10m management buyout of rehabilitation services provider RehabWorks Limited.
Phoenix acquires Andrew Page in £100m transaction
UK-based Phoenix Equity Partners has acquired a majority stake in automotive parts distributor Andrew Page in a £100m deal.
Private equity consortium looks to take Sorin private
A consortium comprised of Ares Life Sciences AG, Essex Woodlands Health Ventures UK, Intesa SanPaolo and Alpha Private Equity Funds has requested permission to carry out an exclusive due diligence process on healthcare business Sorin Group.
Apposite backs SureCalm MBI
Healthcare-focused investor Apposite Capital has backed the management buy-in of healthcare services provider, SureCalm Healthcare. No financial details have been disclosed.
LDC backs Matrix with £10m investment
LDC has invested £10m in energy management company Matrix in exchange for a significant minority stake in the newco.