Buyouts
GREECE – Carlyle aquires chemical distribution firm
The Carlyle Group has acquired a 73.54% stake in chemical distribution company Neochimiki LV Lavrentiadis from the Athens Stock Exchange. The deal is valued at EUR 749m; EUR 19 per share.
GERMANY - 3i invests in DruckChemie
3i has signed an agreement to back the buyout of DruckChemie, a speciality service provider to the printing industry, for €133m from SG Capital Europe and Quartus.
UK - Vitruvian acquires Tinopolis plc
Vitruvian Partners has reached an agreement with Tinopolis, a TV production company, to acquire the business for a total consideration of approximately ТЃ44.7m.
GERMANY - AUCTUS aquires Dieter Braun GmbH
Funds advised by AUCTUS Management & Co KG have acquired a majority stake in operating elements company Dieter Braun GmbH for an undisclosed amount.
GERMANY/AUSTRIA - Hannover Finanz backs MBO of HOLZ-HER Reich Spezialmaschinen
Hannover Finanz has backed the management buyout of machinery and tools manufacturer HOLZ-HER Reich Spezialmaschinen GmbH as part of a succession solution, taking over 90% of the shares of the company from the family owners.
GREECE – Carlyle to acquire chemical business
According to reports, Carlyle Group is in the process of acquiring a controlling stake in chemical company Neochimiki.
UK - Penta completes £18m GRS Group acquisition
Penta Capital has acquired international executive recruitment company GRS Group for ТЃ18m. Investec provided ТЃ5.25m of receivables and acquisition finance.
FRANCE – Activa takes 37% stake in Sport 2000
Activa Capital has acquired a 37% stake in sports retailer Sport 2000. The deal will lead to a demutualisation of the company's current co-operative structure and the regroupment of all 398 ‘co-op’ members to transform it into a private company structure....
CEE - Private equity consortium acquires GTS CE
A consortium led by Columbia Capital, M/C Venture Partners and Innova Capital has wholly acquired telecom service operator GTS Central Europe for an undisclosed sum. The consortium also includes HarbourVest Partners, Oak Investment Partners and Bessemer...
GERMANY - EQT Opportunity acquires Strauss Innovation
EQT Opportunity has signed an agreement with the shareholders of private label retail chain Strauss Innovation to acquire a majority stake in the company through a capital increase. The current majority owners, the Geringhoff family, will continue to...
CEE – Arcapita acquires Pinnacle Real Estate
Arcapita has acquired Pinnacle Real Estate, a developer and operator of logistics warehouses in Central and Eastern Europe, from Merrill Lynch for an undisclosed sum. The deal includes 230,000 square metres of leased warehouses and a land bank of nearly...
ITALY – Valentino delisting completed
It is understood that the last stage of the Valentino delisting by Permira, which is valued at EUR 1.8bn, has concluded.
US/SWEDEN - Nordic Capital in $4.1bn buyout of ConvaTec
Nordic Capital Fund VII and New York-based private equity firm Avista Capital Partners have acquired ConvaTec, a provider of wound therapeutics and ostomy care products, from Bristol-Myers Squibb for $4.1bn. The deal is expected to close in the third...
UK - RJD acquires Comtec
RJD Partners has acquired Comtec, a specialist supplier of software solutions to travel agents, for an undisclosed sum. HSBC provided senior debt for the deal.
GERMANY - Paine & Partners complete acquisition of Stabilus GmbH
Paine & Partners have completed the acquisition of gas springs manufacturer Stabilus GmbH from Montagu Private Equity. The value of the deal was not disclosed but reports indicate that it is worth more than €500m.
FRANCE – IPO invests in Maisons Socoren
IPO has invested in construction company Maisons Socoren. The investment will be used to consolidate it’s position in the market as well as continue the company’s development program.
SWEDEN - Triton makes SEK 1.5bn bid for listed Cision
Triton, through Swedish holding company Cyril Acquisition AB, has made a public offer of SEK 1.5bn for Cision, a Stockholm based PR, IR and marketing communication and consultancy business. The bid is set to SEK 20 per share, which is a 66% premium compared...
UK - ECI buys ilG Digital
ECI Partners has acquired digital communications agency ilG Digital Ltd in a deal which values the company at around ТЃ45m.
GERMANY - ARQUES acquires Carl Froh
ARQUES Industries AG has wholly acquired Carl Froh GmbH, a manufacturer of precising metal pipes, for an undisclosed amount. The company was sold by Finnish Rautaruukki Corporation, based in Helsinki.
UK - Warburg Pincus acquires Safetykleen for £565m
Warburg Pincus has acquired Safetykleen Europe, a pan-European industrial service provider, a deal worth ТЃ565m. The investor has acquired a majority stake.
IRELAND - DFJ backs Irish Broadband acquisition
DFJ Esprit portfolio company Imagine Communications Group has acquired Irish Broadband from NTR and Kilsaran Concrete in a EUR 47m deal.
CEE – MCI to buy Invia
Polish fund MCI is to acquire a majority stake in Invia, a Czech company that sells tours online. The deal is believed to be worth between KC 70-100m.
FINLAND - Nordic Capital acquires CPS Color from IK
Nordic Capital has acquired CPS Color, a Vantaa-based supplier of tinting systems, from Industri Kapital for an undisclosed sum.
FRANCE/ITALY – Investindustrial to acquire Selective Beauty
Investindustrial is to acquire a stake in perfumes and cosmetics company Selective Beauty from 3i.