Buyouts
GERMANY - ECM acquires Sodawerk Staßfurt
ECM Equity Capital Management has acquired Sodawerk Staßfurt GmbH & Co KG from Sodawerk Staßfurt Verwaltungs-GmbH and BVT Sodawerk Staßfurt GmbH & Co. Beteiligungs-KG, Munich. The transaction value has not been disclosed. The company's management also...
ITALY - Cornell Capital bids for medical technology business
US firm Cornell Capital Partners is rumoured to have placed a bid for Sorin, a Milan-based medical technology business, according to Italian press reports.
UK - Duke Street ups bid for listed dental care business
Duke Street Capital has raised its offer for AIM-listed dental services provider Oasis Healthcare Plc. The fresh bid of 94p per share values the company at £88.2m topping Duke Street's previous offer of £76.9m. Duke Street hopes that this latest offer...
BELGIUM - CVC acquires Taminco in EUR 800m deal
CVC Capital Partners has acquired Belgium-based chemical producer Taminco from AlpInvest Partners for EUR 800m. Taminco produces alkylamines and derivatives for use in the pharmaceutical, agrochemical, animal feed and water treatment industries. Taminco...
SPAIN - Aurica XXI buys stake in plastic bag manufacturer
Aurica XXI, the private equity arm of Banco Sabadell, acquired a 20% shareholding in Grupo Intermas Nets.
SWEDEN - Priveq invests in Sydtotal
Priveq has agreed to become the new main shareholder of Sydtotal, a ventilation installation specialist in Southern Sweden. Sydtotal’s founders and current shareholders are retaining 40% of the compnay. The restructuring of ownership is part of Sydtotal's...
SWEDEN - Accent Equity acquires 51% of Coffee Queen
Accent Equity is acquiring 51% of the shares in Coffee Queen, which develops, manufactures and sells coffee machines. The present owner and CEO, Georg Möller, and the management team of the company will own the remaining shares. Wholly owned subsidiaries...
CEE – Mid Europa buys Lux-Med from Cornerstone-led consortium
Dedicated Central European investor Mid Europa Partners has wholly acquired Polish healthcare provider Lux-Med from its incumbent backers, Cornerstone Partners, Deutsche Investitions- und Entwicklungsgesellschaft mbH and Accession Mezzanine Capital. The...
SWEDEN - Litorina Kapital acquires Pahléns
Litorina Kapital III has acquired Pahléns, a Swedish developer, manufacturer and seller of swimming pool products. Litorina Kapital will following the transaction hold 75%, while the founding family will hold the remaining 25%.
POLAND – Krokus acquires Transsystem
Krokus Private Equity has acquired a 70% stake in Polish technological transportation system manufacturer Transsystem. Founded in 1991, the company is based near Rzeszow and posted revenues last year of EUR 40m. As a result of the deal, Krokus will assume...
FRANCE - CAPE makes 2.3x from sale of Leasecom to ACP Capital
Crédit Agricole Private Equity (CAPE) has sold its entire stake in IT system leasing business Leasecom Group, to UK-based private equity investor ACP Capital, generating an IRR of 30% and a money mutliple of 2.3x.
SWEDEN - Litorina Kapital III L.P acquires Securia
Litorina Kapital III L.P has acquired Securia Systems AB, a Swedish company that offers security related services and insurance solutions. Following the acquisition, Litorina Kapital will be the majority shareholder while the former owners will remain...
NORWAY - True North Private Equity and Ernströmgruppen acquire Flisekompaniet
True North Private Equity and Ernströmgruppen, through its subsidiary Ernström Handel & Industri AB, have signed an agreement with Liano AS and FK Invest AS to acquire the shares in Flisekompaniet, a Norwegian tile retailer.
FINLAND - The Carlyle Group makes first real estate investment in Finland
The Carlyle Group has made its first investment in Finland by acquiring four buildings in Helsinki from the pension fund of Finnish Broadcasting company, YLE. Carlyle Europe Real Estate Partners has acquired a portfolio of three properties located north...
PORTUGAL - Inter Risco establishes outsourcing business
Alongside a group of investors, private equity firm Inter-Risco purchased a stake in Accountec, a newly-established company which will operate in the business process outsorcing sector. The total transaction value is EUR 4.5m and the backers will leverage...
FRANCE - DeAgostini wins exclusivity for Marathon secondary buyout
Italian-listed holding DeAgostini has been granted a period of exclusivity for the acquisition of television production company Marathon, according to French press reports.
FRANCE - ABN Amro acquires Findis
ABN Amro Capital France has backed the buyout of household appliances distributor Findis, in a deal valuing the business at between EUR 40-50m.
NORWAY - Ferd completes largest ever buyout by a Norwegian-based private equity fund
Ferd Private Equity Fund II has led the group of investors that has acquired oil service company Aibel Ltd for $900m from Candover, 3i and J P Morgan Partners LLC private equity funds. The transaction marks the largest ever buy-out by a Norwegian-based...
GERMANY - Takko changes hands for EUR 770m
Advent International has acquired a majority stake in German fashion discount chain Takko from Permira for a total consideration of EUR 770m. Takko’s management team, which also invested, will hold a minority stake. In 2000, Permira, then Schroder Ventures,...
GERMANY - capiton acquires Lahmeyer International
capiton has acquired independent consulting engineering company Lahmeyer International GmbH for an undisclosed amount. The management of the company also invested and will hold a minority stake in the company. Deutsche Bank backed the transaction with...
UK - Exponent and BPE expected to acquire Midland newspaper titles
Exponent Private Equity and Barclays Private Equity are believed to have teamed up to back the management buyout of a collection of Midland newspaper titles. The deal has an estimated price tag of £190m. Titles including the Birmingham Post and Coventry...
GLOBAL - $48.5bn deal for BCE the largest ever
The investment arm of the Ontario Teachers' Pension Plan, Teachers Private Capital, has joined forces with Providence Equity Partners and Madison Dearborn Partners to acquire BCE, Canada's largest telecom group. The $48.5bn price-tag will make it the...
UK - Bain Capital acquires Brakes for £1.3bn
Bain Capital has backed the secondary buyout of food service distributor Brakes from Clayton, Dublier & Rice. The deal is reported to have weighed in at £1.3bn. JP Morgan and Deutsche Bank ran a process to dispose of the business which attracted interest...
SPAIN/FRANCE - CVC calls on cov-lite debt ahead of Altadis bid
CVC Capital Partners has reportedly secured EUR 12.8m in covenant-light debt to support its bid to acquire Franco-Spanish tobacco business Altadis, according to press reports.