Buyouts
ITALY – Stirling Square and Sirius to acquire sportswear firm
Stirling Square Capital Partners and Sirius Equity have announced the acquisition of sportswear company Jeckerson from Blue Fashion Group in a management buyout valued at EUR 140m.
ITALY – Industriekapital acquires Faral
Bavaria Industriekapital has acquired radiator manufacturer Faral SpA from the Swiss Zehnder Group, a global player in the heating and climate control business. The parties also signed an agreement to ensure the ongoing supply of key components to the...
ITALY – Mittel to acquire E.Capital
Mittel is in the process of acquiring 100% of investment management advisory E.Capital Partners, in a deal valued at around EUR 50m.
SWEDEN - Eqvitec acquires Mantacore
Eqvitec Technology Fund III has acquired a majority stake in Mantacore AB, a supplier of complete policy management systems for insurance companies and brokers, for an undisclosed value, with the management retaining a minority shareholding in the business.
FINLAND - Eqvitec Technology acquires Powernet
Eqvitec Technology Fund III has acquired the majority of the shares in Powernet Oy, a power supplies provider, for an undisclosed sum. Management maintains a significant stake in the business.
GERMANY – Hanse Industriekapital acquires Balda subsidiaries
According to reports, Hanse Industriekapital has acquired Balda Solutions and Balda Werkzeugbau from German mobile phone supplier Balda AG.
UK - Barclays acquires 38% of MRH
Barclays Private Equity has acquired a 38% stake in MRH (GB) Ltd, an owner and operator of petrol filling stations, for an undisclosed sum.
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
UK - Private equity interest for RBS’s insurance arm
The auction of Royal Bank of Scotland’s insurance arm is due to begin this week and is expected to field a large collection of financial and strategic investors alike.
SWEDEN - Accent acquires Nordic Shelter Solutions
Accent Equity 2008 has completed the MBO of Nordic Shelter Solutions (NSS), a Swedish provider and developer of sheltering and warehousing solutions, from investors represented by Helmet Business Mentors for an undisclosed value.
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.
GREECE – Carlyle aquires chemical distribution firm
The Carlyle Group has acquired a 73.54% stake in chemical distribution company Neochimiki LV Lavrentiadis from the Athens Stock Exchange. The deal is valued at EUR 749m; EUR 19 per share.
SWEDEN - FSN Capital acquires 65% of battery charger manufacturer
FSN Capital II has acquired 65% of the shares in CTEK/Creater Group, a manufacturer of battery chargers and product consultant, for an undisclosed value. The founder, Bengt Wahlqvist, will retain the balance of the shares.
GERMANY - 3i invests in DruckChemie
3i has signed an agreement to back the buyout of DruckChemie, a speciality service provider to the printing industry, for €133m from SG Capital Europe and Quartus.
UK - Vitruvian acquires Tinopolis plc
Vitruvian Partners has reached an agreement with Tinopolis, a TV production company, to acquire the business for a total consideration of approximately £44.7m.
GERMANY - AUCTUS aquires Dieter Braun GmbH
Funds advised by AUCTUS Management & Co KG have acquired a majority stake in operating elements company Dieter Braun GmbH for an undisclosed amount.
GERMANY/AUSTRIA - Hannover Finanz backs MBO of HOLZ-HER Reich Spezialmaschinen
Hannover Finanz has backed the management buyout of machinery and tools manufacturer HOLZ-HER Reich Spezialmaschinen GmbH as part of a succession solution, taking over 90% of the shares of the company from the family owners.
GREECE – Carlyle to acquire chemical business
According to reports, Carlyle Group is in the process of acquiring a controlling stake in chemical company Neochimiki.
UK - Penta completes £18m GRS Group acquisition
Penta Capital has acquired international executive recruitment company GRS Group for £18m. Investec provided £5.25m of receivables and acquisition finance.
FRANCE – Activa takes 37% stake in Sport 2000
Activa Capital has acquired a 37% stake in sports retailer Sport 2000. The deal will lead to a demutualisation of the company's current co-operative structure and the regroupment of all 398 ‘co-op’ members to transform it into a private company structure.
CEE - Private equity consortium acquires GTS CE
A consortium led by Columbia Capital, M/C Venture Partners and Innova Capital has wholly acquired telecom service operator GTS Central Europe for an undisclosed sum. The consortium also includes HarbourVest Partners, Oak Investment Partners and Bessemer...