Buyouts
ITALY - Argos and MPS acquire Renel Care
A consortium led by Argos Soditic and MPS Venture has signed a binding agreement for the acquisition of Sorin business unit Renal Care.
AUSTRIA - Gilde Buy Out Partners acquires Powerlines
Gilde Buy Out Partners has agreed to acquire technical infrastructure services company Powerlines Group in a secondary buyout from Invest Equity for an undisclosed amount.
IRELAND - Irish goverment in talks with private equity
The Irish government has been reported as being in talks with private investors from outside the country regarding a possible investment into its banking sector, with US-based JC Flowers thought to be amongst the interested parties.
FRANCE - CAPE and Demeter invest EUR 3m into Methaneo
Crédit Agricole Private Equity (CAPE) and Demeter Partners have each invested EUR 1.5m into renewable energy business Methaneo.
PORTUGAL - Explorer acquires Companhia das Sandes
Explorer Investments has acquired fast food business Grupo Companhia das Sandes from the founder Pedro Luz.
GERMANY - BayernLB Private Equity backs MBO of RSA
BayernLB Private Equity has backed the management buyout of industrial machinery company RSA Entgrat- u Trenn-Systeme GmbH & Co KG.
ITALY - Cape acquires Trafomec
Cimino & Associati Private Equity (Cape) has acquired industrial manufacturer Trafomec in a buyout deal valued at around EUR 11m.
PORTUGAL - Magnum et al acquires Enersis for EUR 1.2bn
A consortium led by Magnum Capital has acquired a 90% stake in renewable energy utility Enersis from Australian infrastructure investor Babcock & Brown, in a deal valued at EUR 1.2bn.
UK - BC Partners in talks for RBS insurance division
Patrick Snowball, former head of insurance group Aviva's UK arm, is reported to have held talks with buyout house BC Partners regarding a takeover bid for RBS's insurance business.
SPAIN - 3i closes Mémora deal
3i has closed its acquisition of funerary services firm Mémora in a deal valued at EUR 187m.
UK - Clyde Blowers acquires Textron division in $1bn deal
Scottish engineering group Clyde Blowers has acquired the fluid and power division of US-based Fortune 500 industrial group Textron, in a $1bn deal that included equity from the company's private equity fund, Clyde Blowers Capital Fund II LP.
UK - Zeus acquires M J Quinn from 3i
Zeus Private Equity has completed the secondary buyout of M J Quinn Intergrated Services Ltd, a provider of electrical and mechanical contracting services, from 3i and Alliance Fund Managers for an undisclosed sum.
FRANCE - Alliance and Avenir acquire Malpello
Alliance Entreprendre and Avenir Entreprises have completed a secondary MBO of the Malpello group, which consists of Médipréma, Ella-Legros and Gamain.
UK - Endless acquires Cosalt Holiday Homes
Endless has acquired the holiday homes division of marine safety group Cosalt for a nominal price.
ITALY – DGPA acquires Planters in EUR 24m deal
DGPA Capital has acquired a 67% stake in natural cosmetics manufacturer and distributor Planters in a leveraged buyout valued at EUR 24m.
TURKEY – Turken invests in Mavi
Turken has acquired a stake in apparel brand Mavi.
UK - Carlyle acquires Gardner Group
The Carlyle Group has acquired Gardner Group Ltd, a supplier of metallic aerostructure details, from Dunedin and Rolls-Royce for an undisclosed sum.
SPAIN - Private equity interest in Clece
Reports suggest that several private equity houses, including Apax, EQT, CVC, PAI and Permira, are interested in bidding for Clece, the airport logistics and cleaning subsidiary of multinational ACS.
ITALY - Investcorp and BPE complete EUR 600m N&W acquisition
According to reports, Investcorp and Barclays Private Equity (BPE) have completed the EUR 600m secondary buyout of vending machine business N&W Global Vending from Argan Capital and Merrill Lynch Global Private Equity.
GERMANY - AFINUM acquires Tenbrink
AFINUM Management GmbH, through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG, has acquired the Tenbrink group, supplier of renovation services for hotels and retail shops.
UK - Graphite completes £53m Willowbrook acquisition
Graphite Capital, through Graphite Captial Partners VII, has acquired care home group Willowbrook Healthcare in a £53m deal.
FRANCE - Duke Street acquires Biomnis for EUR 217m
Duke Street has acquired French medical analysis specialist Biomnis in a deal valued at EUR 217m.
ITALY – Cape and Progressio complete cosmetics acquisitions
Cape and Progressio have supported the management buyout of b2b cosmetics businesses Gamma Croma and Clavis, which will be merged under the name Chromavis Gamma & Clavis Group industry.
SPAIN - Miura acquires Grupo Atrezzo in EUR 30m deal
Miura Private Equity has acquired a majority stake in mannequin and accessories business Grupo Atrezzo in a deal valued at EUR 30m, with the founders, Josep Güell and Gloria Tejeiro, retaining the balance of the equity.