Buyouts
SWITZERLAND/ BELGIUM – Alpha acquires Dietiker and NFI
Alpha Private Equity has acquired the Zurich-based Dietiker group for an undisclosed sum from its family shareholders. The investment is the fifth investment from the financial investor’s Alpha Private Equity Fund 5 (APEF 5), which closed in February...
ITALY - Apax acquires healthcare factoring business
Pharmaceutical group Confarma is reported to have sold the majority of its shares in Farmafactoring to FF Holding, a vehicle entirely owned by Apax Partners.
UK - Hermes Private Equity acquires residential care provider ILG
Hermes Private Equity has acquired Independent Living Group (ILG), a provider of residential care for adults with severe and profound learning disabilities in the South East of England from a diverse group of shareholders. Bank of Scotland provided debt...
GERMANY – HgCapital acquires toy manufacturer
HgCapital has acquired a majority stake in German toy manufacturer Schleich GmbH for an undisclosed amount. Schleich GmbH is based in Schwäbisch Gmünd and was founded in 1935. The company develops and produces figurines that are marketed world wide.
UK - August Equity acquires superyacht publisher for £29m
August Equity has backed the ТЃ29m secondary management buyout of Boat International Group from funds managed by Henderson Private Capital. August Equity invested ТЃ13.4m of equity funding alongside debt facilities provided by Lloyds TSB to acquire the...
UK - Gresham backs MBO of Town Centre Restaurants from Bank of Scotland Corporate
Gresham Private Equity has backed the secondary buy-out of Town Centre Restaurants (TCR) from Bank of Scotland Corporate, in a deal with a total funding package of ТЃ48m. With over 50 sites in the UK's busiest town and shopping centres, Town Centre Restaurants...
NL - 3i to acquire Business Media Europe from VNU
3i has announced that it has reached an agreement in principle to acquire substantially all of VNU Business Media Europe (BME), a Dutch careers classified and B2B magazines group, from VNU.
UK - Barclays Private Equity backs £28m MBO of Artigiano
Barclays Private Equity has backed the ТЃ28m management buyout of Scala Collections Ltd, the direct retailer of Italian designed ladiesт clothes, shoes and accessories which trades as Artigiano. As part of the deal, Barclays Private Equity will take a...
POLAND – ARGUS acquires GTX Hanex Plastic
ARGUS Capital Partners have acquired a majority stake in Polish manufacturer of polyethylene terephthalate (PET) performs, bottles and film, GTX Hanex Plastic, for an undisclosed sum from Montluc Holdings. Following the buyout the financial investor intends...
AUSTRIA - Cerberus takes BAWAG in Austria's largest ever buyout
A group of investors led by US-based Cerberus Capital Management has agreed to purchase BAWAG P.S.K. from trade union OeGB.
GERMANY – European Capital acquires Metall Technologie Holding for EUR 106m
European Capital has acquired the European manufacturer of high-end heat treatment industrial furnaces, Metall Technologie Holding for EUR 106m. Post close, the financial investor will own approximately 83% of the shares with the management team holding...
SPAIN - Doughty Hanson buys Avanza for EUR 600m
Doughty Hanson's Madrid branch has completed its first deal by acquiring transport group Avanza.
FRANCE - Charterhouse buys Vivarte from PAI for EUR 3.5bn
Charterhouse has reportedly agreed to back the secondary buyout of clothing and shoes distributor Vivarte, in a deal worth over EUR 3bn.
GERMANY – KKR and Permira win auction for ProSiebenSat1
A consortium comprising Kohlberg Kravis Roberts & Co and Permira Advisers has acquired a 50.5% stake in German broadcaster ProSiebenSat1. The value of the transaction is believed to be over EUR 3bn. Following the acquisition, media analysts expect the...
UK - Dunedin leads MBO of WFEL Ltd
Dunedin Capital Partners has led the ТЃ48m management buyout of WFEL Ltd, a designer and manufacturer of mobile bridging systems and related products. Dunedin provided ТЃ21m of equity, for a majority stake, alongside a debt package of ТЃ27.5m provided...
UK - TDR Capital in bid to delist portable accommodation company
TDR Capital has made a recommended cash offer for Wraith Plc, a supplier of portable accommodation and related site services based in Lincolnshire. The 105p per share offer represents a market capitalisation of ТЃ30.29m and a 15.4% premium to the closing...
UK - Alchemy bids for Floors-2-Go Plc
Alchemy Partners has tabled a ТЃ52.4m bid for AIM-listed real wood and laminate flooring specialist Floors-2-Go Plc. The offer of 40p per share through a bid vehicle advised by Close Brothers Corporate Finance represents a 53.8% premium to the closing...
GERMANY – PPM Capital acquires orizon AG
PPM Capital has acquired the German temporary employment agency orizon AG for approximately EUR 200m from its main shareholder GL Aktiengesellschaft, Hamburg, and other private investors. The transaction is subject to approval by the antitrust authorities....
GERMANY - Advent to acquire the Oxo Group
Advent International has agreed to acquire Celanese Corporation’s “oxo” products and derivatives businesses for EUR 480m. The acquisition comprises the oxo chemicals and derivatives activities of Celanese and the European Oxo GmbH joint venture between...
BELGIUM / ITALY - 3i invests EUR 30m in Electrawinds
3i has announced that it has acquired a minority stake in Electrawinds, an independent renewable energy company, for EUR 30m.
SWEDEN - Segulah buys Isaberg Rapid
Segulah has acquired Isaberg Rapid, a wholly owned subsidiary of the listed investment company Industrivärden. Isaberg Rapid focuses on the manufacturing and marketing of staplers and staples, under the brand name Rapid. In 2005, it recorded revenues...
SPAIN - Parques Reunidos to go under the hammer next January
The sale process of Parques Reunidos may be reaching its final stage.
GERMANY – NORD Holding acquires Shipbuilding Division
Hannover-based NORD Holding Unternehmensbeteiligungsgesellschaft mbH has announced it is to acquire a 70% stake in R & M Ship Technologies Group from the Bilfinger Berger Group. The management team led by CEO Joachim Buttke will hold the balance.
UK - Barclays Ventures backs £24m MBO of MSW Suspended Flooring
Barclays Ventures' Manchester team has backed the management buyout of MSW Suspended Flooring System Solutions Ltd (MSW). MSW is an installer of steel deck flooring systems into multi-rise new build projects, including the redevelopments at Twickenham...