Buyouts
SWEDEN - Valedo acquires two psychiatric treatment companies
Swedish buyout house Valedo Partners has acquired Björkviksgruppen and Neuropsyk, both providers of psychiatric health care.
GERMANY - Rutland acquires CeDo from Delton
Rutland Partners has acquired the CeDo group of companies, a manufacturer of household disposables, from Delton AG, for an undisclosed sum.
FRANCE - Carlyle acquires 80% stake in Groupe Marle
The Carlyle Group has purchased an 80% stake in Groupe Marle, an orthopedic implant company. The balance is held by the Marle family and management.
UK - Climate Change Capital backs Climate Energy MBO
Cleantech investor Climate Change Capital Private Equity (CPE) has backed the management buyout of energy efficiency services company Climate Energy for an undisclosed sum.
ITALY - Bain Capital pulls out of talks with debt-laden Safilo
Bain Capital has withdrawn from takeover discussions with the debt-laden eyewear manufacturer Safilo.
UK - HSBC backs £170m SBO of Viking Moorings from Inflexion
HSBC Private Equity has acquired oil services company Viking Moorings in a secondary buyout from Inflexion Private Equity, for a price tag of £170m.
SPAIN - Miura acquires 60% stake in Proytecsa
According to reports, Miura Private Equity has acquired a 60% stake in security systems specialist Proytecsa for an undisclosed amount.
FRANCE - PTV invests in IPDIA
Prime Technology Ventures (PTV), through PTV III, has invested an undisclosed amount to support the buyout of semicondutor manufacturer NXP's facility in Côte de Nacre, which will be renamed IPIDIA. PTV led the co-investment, which also saw Emertec,...
GERMANY – BWK’s Rixius AG acquires Hermann Stetter GmbH
BWK GmbH Unternehmensbeteiligungsgesellschaft's portfolio company Rixius AG has acquired Viernheim-based Hermann Stetter GmbH, a supplier of plastic and glass packaging.
UK - Valco backs buyout of Allied Carpets Retail
Valco Capital Partners has backed the buyout of Allied Carpets Retail, a company formed from the collapse of flooring retailer Allied Carpets, after the business went into a pre-pack administration and sold 51 of its stores. The new company was set up...
FRANCE - NBGI France closes first acquisition: SPM - Boulangerie Thierry
NBGI Private Equity France has completed its first acquisition, acquiring the bakery business SPM - Boulangerie Thierry for an undisclosed sum. Existing investor also participated in the transaction.
UK - KCP backs the £24m MBO of TSC Foods
Key Capital Partners (KCP) has backed the management buyout of soup and sauce manufacturer TSC Foods Limited in a £24m deal. KCP invested £6m for a majority stake in the business, while Yorkshire Bank's Corporate & Structured Finance team provided senior...
UK - LDC backs £5.6m MBO of Modelzone
LDC has backed the management buyout of Modelzone Holdings, the owner of model retailer Modelzone and Amerang, a wholesale agent for overseas suppliers in the model and hobby industry, valuing the business at £5.6m.
UK - Valco acquires Risk's Borders
Valco Capital Partners, the private equity arm of restructuring specialist Hilco, has backed the management buyout of Risk Capital's ailing bookstore Borders.
ITALY - PAI drops out of Safilo process
It is understood that PAI Partners has withdrawn its offer to acquire a stake in eyewear manufacturer Safilo.
FRANCE - Barclays PE et al. back FPEE buyout
Barclays Private Equity and Pragma Capital have completed a secondary management buyout of building materials company FPEE Group. Previous backers AtriA Capital Partenaires and Euromezzanine have also re-invested in the new structure.
SLOVENIA - Mid Europa completes UPC acquisition
Mid Europa Partners has completed the acquisition of 100% of Slovenian cable and broadband operator UPC Slovenia from Liberty Global Inc, first reported in unquote" in May.
FRANCE - Turenne and IDF purchase minority stake in Socio
Turenne Capital and IDF Capital have purchased a 30% stake in e-marketing company Socio as part of an OBO deal. The deal was financed with a debt package provided by Crédit du Nord and la Caisse d'Épargne.
FRANCE - Initiative & Finance backs Sogelink buyout
Initiative & Finance has backed the minority owner-buyout of internet company Sogelink, alongside the two founders Ignace Vantorre and Matthieu Ponson. LCL and Banque Populaire Loire et Lyonnais provided a debt package to support the transaction.
UK - Valco to acquire Risk Capital-backed Borders UK
Borders, the ailing bookstore backed by Risk Capital Partners, is in talks with Valco Capital Partners, the private equity arm of restructuring specialist Hilco, over the sale of its UK business.
GERMANY - Silverfleet in talks to acquire Kalle Nalo
It is understood that mid-market investor Silverfleet Capital is in exclusive negotiations with Montagu Private Equity to acquire charcuterie casing business Kalle Nalo, with the price tag thought to be around EUR 250m.
POLAND - Oresa backs MBI of Ploh
Swedish investment firm Oresa Ventures has acquired Polish vending business Ploh in a deal that sees a new management team take over from founder Zbigniew Loh.
SWITZERLAND - Zurmont Madison embarks on buy-and-build for CLS
Zurmont Madison Private Equity has backed a partial buyout and capital expansion of Swiss language specialist CLS Communications.
Motivating management: The BIMBO's back
Now more than ever it's important to ensure management teams are properly incentivised. For existing portfolio companies it may mean bringing on board some fresh blood; for new opportunities it means cutting a fair deal for all parties involved