Buyouts
TA Associates buys majority stake in Igel
Mergermarket reported in March 2020 that the cloud workspace business was up for sale
Goldman Sachs, Via Equity buy Swedish IT firm Advania
Existing investors in the company reinvested alongside the new GP
Marlin backs e-commerce specialist Lengow
With Marlin's support, the company plans to further develop its technology and boost its international expansion
CVC acquires System C – report
William Blair advised on the sale process, which was marketed based on ТЃ80m sales and ТЃ15m EBITDA
Apax to acquire Herjavec Group
Apax is currently investing from its 10th-generation fund, which closed on $9bn in February 2020
BlackRock in talks to buy Aquila Heywood for £350m – report
Aquila Heywood is a pensions administration software company that generates revenues of ТЃ32.4m
Bencis acquires PePe Parts from MKB
Bencis Capital Partners plans to support the motorcycle parts wholesaler's international expansion
EQT sells Flying Tiger Copenhagen to Treville
Company founder Lennart Lajboschitz has also reportedly sold his 29% stake in the company
Genui invests in Fact-Finder
Hamburg-headquartered Genui has previously invested in technology-based companies including Mindcurv
Great Hill acquires Notonthehighstreet
Great Hill has previously acquired online marketplaces Wayfair and TheRealReal
Bain, Cinven to acquire Lonza Specialty Ingredients
Deal values the carve-out of the chemicals company at CHF 4.2bn on 2019 EBITDA of CHF 302m
Epiris-backed James Hay to take Nucleus private for £145m
James Hay is using financing made up of equity drawn down from the Epiris Funds and debt from Ares
Kester Capital backs Optibrium
GP invests in the company via its second fund, which closed on its ТЃ90m hard-cap in August 2020
TA Associates to invest in French company DL Software
Software developer has realised an average annual growth rate of more than 10% since its founding
DeA Capital buys coffee producer Ekaf Cellini
GP invests in the company via Taste of Italy 2, which held a final close on €330m in November 2020
Rutland backs infrastructure service JSM
JSM represents the 10th investment from Rutland Fund III, which closed on ТЃ263m in January 2015
Apax to acquire BTP Consultants
Apax invests in mid-market businesses across the TMT, consumer goods, healthcare and financial services sectors
Inflexion reinvests in BES
Rothschild was appointed to run a sale process to select a minority investor for the company
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Vespa Capital acquires SelectScience
GP is currently investing via Vespa III, which held a final close in February 2020 on ТЃ150m
Waterland invests in FitOne
GP aims to support the fitness studio business by consolidating the market via acquisitions
Pinova buys majority stake in Ecoroll
Hannover Finanz owned a stake in the metal surface component equipment manufacturer from 2002 to 2012
Peak Rock backs packaging specialist AMB
GP is currently investing via its second fund, which targets mid-market companies based in North America and Europe
Andera sells Skill & You to IK
IK is investing in the company via its IK IX fund, which targets mid-market businesses across Europe