Buyouts
UK - August Equity and Huveaux no longer in talks
August Equity and Huveaux, a specialist media company listed on AIM, have abandoned talks. August Equity was understood to have entered detailed discussions about a possible take-private of the company. The London-based business focuses on e-learning...
UK - 3i agrees £228.6m take-private of Inspicio
3i has reached agreement on the terms of a recommended cash offer with the board of Inspicio Plc to acquire the business. Inspicio is currently listed on AIM. The offer made at 225p per share values food inspection company Inspicio at approximately ТЃ228.6m....
BULGARIA - Advent backs tile maker KAI
Advent International has acquired a 70% stake in KAI Group, the largest maker of floor, wall and decorative ceramic tiles in Bulgaria.
CEE - Horizon Capital invests in FinComBank and MTB
Horizon Capital has acquired a 25% stake in Moldova-based FinComBank and a 31.5% stake in Belarus-based MTB, expanding its financial institution portfolio further.
ROMANIA - Advent International acquires Ceramica for EUR 35m
Advent International has acquired a 70% stake in Bucharest-listed Ceramica Iasi, a ceramic bricks and clay roof tiles producer. The transaction total was EUR 35m including new investment. Advent has brought in a new management team following the acquisition....
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the ТЃ68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...
UK - Darwin Private Equity acquires Maximuscle for £75m from Piper
Darwin Private Equity has completed its first transaction with the ТЃ75m acquisition of sports nutrition company Maximuscle from Piper Private Equity. nabCapital provided acquisition finance to the deal alongside Royal Bank of Scotland and CapitalSource....
FRANCE - AtriA backs secondary MBO of Bois et Chiffons
AtriA Capital Partners have completed then secondary management buyout of Bois et Chiffons from Capzanine and CDC Capital Investments.
PORTUGAL/SPAIN – MCH and Explorer Investments acquire coffee distributor
Spanish and Portuguese buyout houses, MCH and Explorer Investments have acquired coffee distributor Nutricafés.
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
UK - Barclays Ventures completes £15m training services MBO
Barclays Ventures has completed the ТЃ15m management buyout of Develop Training (Develop), a leading provider of training services to the utility sector. HSBC Leveraged Finance provided acquisition debt facilities. The deal represents Barclays Ventures'...
UK - Exponent acquires Radley handbags from Phoenix in £130m deal
Exponent Private Equity has acquired Radley + Co, the ladies handbag and accessories brand, from Phoenix Private Equity in a ТЃ130m secondary buyout deal. Radley + Coтs revenues are expected to exceed ТЃ60m in the year to end of April 2008 and have increased...
UK - Barclays Ventures leads £10m+ BIMBO of environmental businesses
Barclays Ventures has backed the ТЃ10m+ BIMBO of two environmentally-driven businesses, Solar Home Energy and Warmroof. Both businesses are headquartered in Bournemouth, but operate nationally. The combined turnover of the two companies is around ТЃ20m...
UK - Gresham completes fourth deal in two months
Gresham Private Equity has completed its fourth deal in two months. Gresham has invested ТЃ21m in Hotter Shoes, a Lancashire-based manufacturer and multi-channel retailer of shoes. Hotter generates sales of ТЃ38m per year and aims to double its turnover...
HUNGARY - Riverside adds Novamed to Diatron
The Riverside Company has acquired Novamed , an Israeli company operating in the field of microbiology and infectious disease testing. The company is an add-on to the platform company Diatron , a Hungarian-based manufacturer of haematology analysers...
SPAIN – Monitor Capital acquires Spanish catering business
Monitor Capital has acquired 95% of Franquicias Hoteleras, a catering business with 15 operations in 10 of the country’s provinces.
UK - Advent International completes £523.9m delisting
Advent International has completed the ТЃ523.9m acquisition of Domestic & General Group Plc (D&G) following a successful offer for its shares listed on the London Stock Exchange. D&G is the first fully-financed public-to-private transaction announced...
UK - Biffa rebuffs HgCapital and Montagu again
Biffa has rejected a second offer pitched at 330p per share from suitors HgCapital and Montagu Private Equity. The waste disposal company has been in the sights of the bidding consortium since early September. The latest offer values the business at ТЃ1.2bn....
UK - Graphite backs £100m secondary buyout of Alexander Mann
Graphite Capital has backed the ТЃ100m secondary management buyout of Alexander Mann Solutions (AMS) from Advent International. AMS is a provider of recruitment process outsourcing solutions to blue-chip companies worldwide. Graphite invested ТЃ50m in...
GERMANY – AFINUM Management acquires d&b audiotechnik AG
AFINUM Management GmbH has acquired d&b audiotechnik AG for an undisclosed sum. The company develops, manufactures and distributes loudspeakers and amplifying systems. Headquartered in Backnang, the company operates under the brand d&b, and has sales...
FRANCE - 21 Centrale Partners sells Alltub to management and Naxicap
21 Centrale Partners has sold containers and packaging business Alltub back to its management, supported by Naxicap Partners.
FRANCE - ING Parcom buys Safic Alcan from Alpha
ING Parcom Private equity has agreed to back the secondary buyout of chemicals distributor Safic Alcan from Alpha Associés Conseil.
ITALY – Euraleo and 21 Partners promote public offer
Euraleo and 21 Partners have announced to the Italian regulatory body Consob, their intention to promote a mandatory public offer on the shares in Sirti.