Buyouts
SPAIN - Arques acquires Bpack
Arques Iberia has acquired transport service provider BPACK for a symbolic purchase price. The investor intends to merge the business with its existing portfolio company, ASM, which operates in the same sector and was acquired earlier this year.
ITALY - Aksia and Alcedo acquire Gimi
Private equity funds Aksia and Alcedo have collectively invested approximately EUR 28m to support the buyout of household goods manufacturer Gimi Spa, taking a majority stake in the business.
ITALY - Cape acquires ITP
Cimino & Associati Private Equity (Cape), via the Cape Natixis Due Fund, has acquired a 70% stake in textile manufacturers ITP Spa and Tessitura Imperiali Srl in a management buyout deal.
FRANCE - CIC acquires ORC
CIC LBO Partners has supported the management buyout of public relations and human resources advisory firm ORC Image et Stratégies d’Employeur, alongside CM-CIC Capital Privé.
FRANCE - Advent spins out Experian card processing unit
Advent International, along with La Poste subsidiary Doc@post, has acquired the transaction processing activities of information processing business Experian France for a total consideration of EUR 203m.
GERMANY - BWK acquires 40% of Sunval Nahrungsmittel
BWK has acquired a 40% stake in baby food producer Sunval Nahrungsmittel GmbH for an undisclosed sum in an equity-only transaction, with the management acquiring a 20% stake and the founders retaining the balance.
UK - Dunedin acquires Rathbone in £23.5m deal
Dunedin has backed the £23.5m management buyout of offshore trust company Rathbone Trust International, which will be rebranded as Hawksford International.
GERMANY – BC Partners buys SGB from HCP
BC Partners has aquired electronic equipment company SGB Starkstrom-Gerätebau GmbH from turnaround management firm HCP Capital and other stakeholders for an undisclosed sum.
FINLAND - Sentica Partners acquires HES Group
Sentica Partners has acquired medical transport company Helsingin Ensihoito ja Sairaankuljetus Oy (HES) from OMX Nordic Exchange Helsinki-listed Nurminen Logistics Plc, in a deal valued at EUR 7.8m. Management and Finnish Industry Investments Ltd will...
DENMARK - FSN creates Danish bakery chain
FSN Capital has acquired two bakeries, Lagkagehuset and Skallebæks Bageri, from the respective founders. The investor will merge the two companies to establish a bakery chain focusing on high quality fresh bakery products.
ITALY - Argos Soditic and MPS bid for Sorin accepted
It is understood that a consortium led by Argos Soditic and MPS has presented a takeover offer for the renal unit of healthcare business Sorin Group, which has been accepted in exclusivity.
FRANCE - Somfy acquires Sirem
Somfy has acquired an 89% stake in Financière Nouveau Monde, the new holding company of pump and motor manufacturer Sirem, with the management team led by Nicolas Ciampi holding the balance of the equity.
FRANCE - Chequers Capital acquires Cenexi
Chequers Capital, formerly Charterhouse France, has backed the buyout of pharmaceutical products manufacturer Cenexi from Hoffmann-La Roche (Roche). Chequers will take a majority stake in the business, with the management and mezzanine provider Indigo...
NETHERLANDS - Mentha acquires a majority stake in PBG
Mentha Capital has acquired a majority stake in PBG, a Dutch provider of diabetes and medical supplies.
UK - Private equity interest in Creston
US-based private equity firm Cartesian Capital Group is believed to have declared an interest in acquiring Creston Plc, a London-listed marketing and communications agency.
FRANCE - CAPE acquires Sepchat and Ludovic Le Gall
Crédit Agricole Private Equity (CAPE), through CACI 3, has completed the dual acquisition of recycling businesses Sepchat and Ludovic. The companies will be merged into a single entity, in which CAPE will hold a 60% stake.
FRANCE - CAPE invests in Melkonian
Crédit Agricole Private Equity and Sofipaca have backed the buyout of Groupe Melkonian, a producer of mining materials, alongside the Melkonian family.
UK - Matrix backs buyout of Metropress
Matrix Private Equity has backed the buyout of newspaper publisher Metropress Ltd.
FRANCE - Argos acquires LEXSI
Argos Soditic has acquired a majority stake in security consultancy Laboratoire d’Expertise en Sécurité Informatique (LEXSI) as part of a management buyout transaction, with founder Jöel Rivière and the management retaining the balance of the equity.
SWEDEN - Axcel takes 90% stake in John Bauer Organization
Axcel has acquired a 90% stake in Swedish education company John Bauer Organization AB (JBO) from founder Rune Tedfors. Tedfors will retain a minority stake.
PORTUGAL - Explorer closes Probos MBO
Explorer has completed the management buyout of packaging company Probos. The transaction was carried out via Explorer II fund.
FRANCE - Bridgepoint Capital et al sell Pisto
Bridgepoint Capital, Banexi Capital Partenaires and BNP Paribas Développement have exited their investment in oil services company Pisto in a trade sale to Australian financial services giant Macquarie Group.
FRANCE - Barclays PE acquires Aerocan
Barclays Private Equity has acquired Aerocan, a manufacturer of aluminium cans and bottles, from N.I. Partners in a secondary buyout.
FRANCE - Abénex et al complete EUR 329m Buffalo Grill acquisition
Abénext Capital, iXEN and NI Partners have finalised their secondary buyout of Buffalo Grill from Colony Capital, in a deal that values the restaurant chain at EUR 329m.