Buyouts
ITALY - Bridgepoint and Axa make EUR600m bid for Snai
Bridgepoint and Axa Private Equity have made a EUR600m takeover bid for debt-laden Snai, Italy's largest betting shop operator.
SPAIN - Corpfin takes 65% stake in Sinaer
Corpfin Capital has acquired a 65% stake in aeronautics services firm Sinaer, in a deal valued at EUR 3m.
GERMANY - EQT to make EUR 2.6bn offer for Candover's Springer
Swedish buyout house EQT is reportedly lining up a £1bn financing package as part of a takeover bid for Candover- and Cinven-backed publishing business Springer Science & Business Media, which could value the company at around EUR 2.6bn.
NETHERLANDS - OEP acquires Schoeller Arca Systems
Private equity firm One Equity Partners' (OEP) acquisition of plastic manufacturer Schoeller Arca Systems Services has been approved by the European Commission.
FRANCE - Ambienta acquires 51% stake in Alpin Pellet for EUR 2.5m
Italian environmental investor Ambienta has acquired a 51% stake in biomass company Alpin Pellet for EUR 2.5m.
POLAND – Royalton adds Cool AR to Activ Parking
Central and Eastern European investor Royalton Investors has acquired a 93% stake in Polish paid parking zone business COOL AR. The deal was done thorough ACTIV Parking Holdings, a Czech parking operator Royalton acquired in January 2009. Together the...
BULGARIA – Advent sips EUR 40m Devin
Advent International's Central & Eastern European team has completed the acquisition of a 79% stake in Bulgarian bottled water business Devin AD. The company is listed on the Bulgarian Stock Exchange and the shares were acquired from Austria's Soravia...
FRANCE - Astorg takes 32% stake in EUR 500m Gras Savoyarde
Astorg is set to take a 32% stake in insurance broker Gras Savoye, in a deal valuing the company at approximately EUR 500m, including EUR 200m of debt. The LBO deal sees US group Willis reduce its stake to 31.8%.
ROMANIA – Enterprise Investors in EUR 66m MBI of Profi Rom
Enterprise Investors has led the EUR 66m buy-in of Romanian supermarket chain Profi Rom Food Group. The deal sees the house wholly acquire the business from former owner Duna Waiting Participation, and install Gunter Grieb as new CEO.
NETHERLANDS - Gilde buy Uniq’s Dutch wing
Gilde Equity Management Benelux is set to acquire Uniq Plc's Dutch business units, valued at a total of EUR 20m, as the UK-listed food producer Uniq is looking to raise cash to manage its debt.
UK - NBGI backs the £13m management buy-in of Matrix's Pasta King
NBGI Private Equity has backed the £13m management buy-in of food company Pasta King from Matrix Private Equity Partners and the incumbent management, acquiring a majority stake in the business.
GERMANY - BPE backs MBO of Karl Kemper
BPE Private Equity has backed the management buyout of frozen foods manufacturer Karl Kemper for an undisclosed amount from Dutch food company Royal Wessanen.
IRELAND - Hellman & Friedman acquires Web Reservations International
Hellman & Friedman has acquired online accomodation booking company Web Reservations International (WRI), owner of the Hostelworld online brand, for an undisclosed sum.
SWEDEN - Next Wave & WHEB Ventures acquire Petainer for £16m
Next Wave Ventures, WHEB Ventures and senior company management have acquired drinks container manufacturer Petainer from UK packaging specialist Rexam plc for a total consideration of £16m.
GERMANY - AXA Private Equity acquires HSE from insolvency
AXA Private Equity has acquired Home Shopping Europe, the operator of home shopping channel HSE 24, from insolvent parent company Arcandor group.
UK - HgCapital backs £178m MBO of Goldshield Group
HgCapital has backed the £178m management buyout of listed generic drugs company Goldshield Group.
BELGIUM - Montagu closes ADB deal
Montagu Private Equity's acquisition of airfield lighting specialist ADB Airfield from Siemens, first reported by unquote" in September this year, has closed.
POLAND - Advent makes PLN 405m offer for Wydawnictwa
Global buyout house Advent International has announced a public tender offer to acquire Polish educational publisher Wydawnictwa Szkolne i Pedagogiczne, in a deal that would value the company at around PLN 405m.
GERMANY - Golden Gate's acquisition of Infineon’s WLC business closes
Golden Gate Capital's EUR 243m acquisition of Infineon's wireline communications business, reported in unquote" in July, has officially closed.
SWEDEN - Altor secures largest chunk of pharmacy network after wave of sell-offs
Buyout house Altor Equity Partners now controls the dominant player in the newly de-monopolised Swedish pharmacy market, acquiring two of the eight clusters being sold by the government as part of a wave of sell-offs that have raised close to SEK 6bn.
UK- Permira in exclusive talks for Montagu's Survitec
Permira is reportedly in exclusive talks to acquire survival equipment maker Survitec from Montagu Private Equity, having gained sole access to the company's books in the last week.
GERMANY - Apax, EQT and Warburg in race for EUR 2bn ratiopharm
According to reports, global buyout houses Apax Partners, EQT and Warburg Pincus are among the bidders for generic drug manufacturer ratiopharm group, which is being sold by VEM Vermoegensverwaltung and is valued at above EUR 2bn.
UK - Exponent acquires enlarged Ambassador
Exponent Private Equity has acquired a majority holding in Ambassador Theatre Group in a transaction that will see the theatre operator simultaneously acquire the UK operations of its rival, Live Nation.
UK - DN Capital backs MBO of Datanomic; 3i exits
Media and technology investor DN Capital has backed the management buyout of software company Datanomic Ltd, acquiring 3i's shares and loans in the business.