Buyouts
Bowmark exits Oxford International in split deal
Schools division goes to Nord Anglia Education, while the rest of the business undergoes an MBO backed by THI
Apax buys Lutech from One Equity
Sale ends a four-year holding period for One Equity, which acquired a majority stake in Lutech via One Equity Partners VI
Activa Capital buys Cityzen
This is the first deal made by Activa Fund IV, which recently held a first close on more than €100m
CBPE sells Xceptor to Astorg for 10.8x return
Sale ends a four-year holding period for CBPE, which bought a majority stake in Xceptor from SVG Capital
Capiton buys majority stake in Wundex
Wound care product supplier was a portfolio company of BE Beteiligungen prior to the sale to Capiton
HIG sells Infinigate to Bridgepoint
HIG invested in the cybersecurity service in 2017 and supported its European expansion
Aurelius acquires Hüppe
GP expects the shower enclosure producer's future growth to benefit from ongoing consumer trends
Ceder Capital acquires Kaffekapslen
After the transaction, Kaffekapslen's management team will own around 45% of the company
Core Equity scores Provalliance deal
Deal reportedly values the French hairdressing services chain at around €500-600m
Bridges acquires ethical homeware brand Nkuku
Bridges invests in the business via its Sustainable Growth Funds, alongside the founders
CVC buys Cooper from Charterhouse for €2.2bn
CVC invests via fund VII, while Charterhouse will reinvest in the OTC pharmaceuticals business
Procuritas buys Polarn O Pyret
Investment company Jotunfjell Partners and the management team will own a minority stake in Polarn O. Pyret.
ICG acquires Lucid Group from LDC
Sale ends a four-year holding period for LDC, which invested ТЃ11m in the company in exchange for a minority stake
NVM in £10m MBO for Trust Systems
Company founders Tom Stone and Mike Dowson will remain significant shareholders in the business
Ratos buys majority stake in Vestia Construction Group
GP will own 63% of the company, alongside the management and other key individuals who own the remainder
Consilium buys Music Center
Consilium intends to consolidate the company's market position and boost its expansion via strategic acquisitions
Ion, GIC launch €1.86bn takeover for Cerved
Cerved will be de-listed from the Italian stock exchange if the offer is successful
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
NVM in £18m MBO for Pareto
Deal is the seventh from NVM's Private Equity Vintage III Fund, which was raised in 2018
Triton invests in NPM Capital's Bergman Clinics
Investment is being made in partnership with NPM Capital and the Malenstein family
Bridgepoint Development Capital backs IDHL
GP is investing via Bridgepoint Development Capital IV (BDC IV), which closed on ТЃ1.5bn in September 2020
CapMan to acquire Pharmia
Deal is the second investment from CapMan Buyout XI fund, which held a first close in June 2019 on тЌ160m and has a target of тЌ250m
FPE Capital backs Codestone
This is the ninth investment made by FPE Fund II, which held a ТЃ100m final close in October 2017
Equistone sells Oikos to Goldman Sachs
Equistone acquired the prefabricated housing company in an SBO from Adcuram in 2018