Buyouts
FINLAND - Investcorp acquires Asiakastieto from GMT
Investcorp togther with management has acquired Asiakastieto, Finland’s largest credit and business information company, for an undisclosed sum from GMT Communications Partners III LP.
ITALY - J Hirsch acquires 65% of Panini
J Hirsch & Co through its fund ILP III has acquired a 65% stake in Panini a company specialising in payment systems.
UK - Montagu and GIP complete Biffa take-private
Shares in Biffa, the waste disposal group, ceased trading on the London Stock Exchange this morning following its acquisition by Montagu Private Equity and Global Infrastructure Partners.
GERMANY - Industri Kapital to acquire Flabeg
Industri Kapital has agreed to acquire Flabeg from EquiVest funds, managed by CBR for an undisclosed amount.
RUSSIA – TPG acquires 50% of SIA for $800m
US fund TPG has invested approximately $800m in Russian drug distributor SIA International in exchange for a 50% stake. TPG acquired the stake from the founder, who holds the balance of the shares.
UK - Fidelity sells B&B Electronics
Fidelity Equity Partners has sold portfolio company B&B Electronics, an industrial connectivity products manufacturer, to Graham Partners for an undisclosed sum.
ITALY – Sigefi invests in shoe manufacturer
Sigefi has acquired a 49.4% stake in shoe manufacturer SCHMID in a management buyout deal. The transaction was carried out through its funds Siparex Midcap and Siparex Italia, which acquired 32.9% and 16.5% of the company respectively.
UK - Active acquires bike store chain
Active Private Equity has acquired FW Evans, owner of the bicycle store chain Evans Cycles. Debt to facilitate the deal was supplied by Lloyds TSB Corporate Markets.
UK - Iceni backs oil & gas HR company
Icenit Capital has acquired Mentor IMC, a specialist human resources provider to the oil and gas industry. A debt facility to support the deal was underwritten by RBS.
UK - AAC acquires Dewhurst
AAC Capital Partners has acquired a significant stake in James Dewhurst, a manufacturer of engineered technical textiles.
RUSSIA - Three private equity funds acquire Geotek
According to sources, Farallon Capital Management, AIG Private Equity and Black River Asset Management have acquired 20% of Geotek, a Russian holding providing oilfield services.
UK - RJD leads £28m buyout of Stone Group
RJD Partners has lead the ТЃ28m management buyout of Stone Group, an IT provider to the public sector.
UK - RJD leads £20m buyout of Character World
RJD Partners has led the management buyout of licensed character household textiles company Character World.
UK - Exponent acquires Lowell from Cabot Square
Exponent Private Equity has acquired specialist debt purchasing company Lowell Holdings Ltd from Cabot Square Capital for an undisclosed sum.
UK - LDC buys kidsunlimited from Isis
LDC has invested an undisclosed sum in kidsunlimited, an operator of children's day care nurseries, in a secondary buyout from Isis Equity Partners.
UK - Bowmark backs Datix buyout
Bowmark Capital has backed the management buyout of healthcare software provider Datix.
FRANCE – Apax and LBO France back SBO of Maison du Monde
Apax Partners and LBO France have acquired a majority stake in Maison du Monde in a secondary buyout deal. The management will retain around 20% of the equity while original investor Ixen will hold a minority stake. The deal sees Barclays Private Equity,...
UK - KCP invests in Pandora Books
Key Capital Partners has acquired book supplier to schools Pandora Books for an undisclosed sum, alongside the company's managing director.
UK - GLE acquires YFM
GLE Group has acquired early stage investment company YFM Group for an undisclosed sum.
UK - Milestone buys Coffee Nation
Milestone Capital Partners has led the secondary buyout of Coffee Nation, a self-service coffee provider in a deal reported to be worth around ТЃ25m. RBS provided senior debt and capex facilities and Investec Growth & Acquisition Finance provided ТЃ5.25m...
UK - Barclays Ventures leads £12.5m buyout of KDC Contractors
Barclays Ventures has led the management buyout of demolition contractor KDC Contractors Ltd in a deal worth ТЃ12.5m.
UK - BOSIF takes stake in Integrated Subsea Services
Bank of Scotland Integrated Finance has acquired subsea company Integrated Subsea Services for ТЃ80m in a deal valuing the company at ТЃ143m.
UK - five bidders interested in Safety-Kleen
Blackstone, Cinven, Hellman & Friedman, Montagu and Warburg Pincus are reported to all mades bids for Safey-Kleen, a service provider to automotive and industrial customers.
UK - Endless invests in St Neots from new fund
Endless has taken a significant minority stake in specialist print and packaging company St Neots Packaging for an undisclosed amount.