Buyouts
SPAIN - Nazca backs MBO of law information business
Private equity firm Nazca Capital has completed the acquisition of 100% of Corporación Empresarial El Derecho SA alongside its management. The deal value has not been disclosed.
SWEDEN - Opica's offer becomes unconditional
Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has announced that all conditions to the offer for Swedish healthcare group Capio have been satisfied and that the offer therefore has become unconditional.
NL- Fortis Private Equity acquires Innovative Medical Solutions BV
Fortis Private Equity has acquired all shares in Innovative Medical Solutions BV (IMS) alongside the company's management.
NORWAY - Reiten & Co completes two new investments
Reiten & Co has announced two new investments in Norwegian Malthus and Airlift. It will aquire 75% of the shares in Malthus, a Stavanger-based supplier of modular structures to industry.
DENMARK - EQT Opportunity acquires Bodilsen
EQT’s special situations fund, EQT Opportunity Fund, has acquired 100% of the Danish furniture manufacturer Bodilsen from Bodilsen Holding A/S, a company listed on the Copenhagen Stock Exchange. EQT Opportunity Fund will pay DKK 1m for the shares of Bodilsen....
GERMANY – Warburg Pincus acquires easycash
Warburg Pincus has acquired the leading German point of sale network service provider easycash from First Data International. The completion of the transaction is subject to approval of the German Federal Cartel Office (FCO) and the deal value has not...
TURKEY – Advent International and Turkven acquire Roma Plastik
Financial Investors Advent International and Turkven Private Equity have acquired Turkish company Roma Plastik in a management buyout for EUR 56m. The company is currently one of the world’s top five manufacturers of edge bands for furniture and Turkey’s...
FRANCE - Apax Partners to delist Prosodie
Apax Partners has announced its has agreed to acquire 46.42% of Prosodie's shares from Alain Bernard via Camélia Participations for EUR 20 per share. Apax also announced its plan to file a tender offer for the remainder of the Prosodie's shares before...
UK - European Capital acquires Whitworths from Gresham for £86m
Gresham Private Equity has exited Whitworths through the sale of the business to European Capital in a deal worth ТЃ86m. The exit has generated a return of over 6x for Gresham, which acquired the company in a ТЃ15m management buyout in 2001.
FRANCE - Lion Capital sells jam maker to Activa Capital
Lion Capital has announced it has agreed to sell Materne, a leading French jam manufacturer to French mid-market buyout firm, Activa Capital.
FRANCE - Activa Capital backs the buyout of Françoise Saget
Activa Capital has backed the spin-out of Françoise Saget from Yves Rocher. The deal was leveraged by a debt package underwritten by Banque Palatine.
ITALY - Doughty Hanson acquires Zobele for EUR 300m
Doughty Hanson has agreed to purchase Trento-based company Zobele from its founders for around EUR 300m, according to reports in the Italian press. Zobele is active in the development of products and solutions for pest control, healthcare and household,...
SPAIN - Baring Private Equity Partners invests in the educational sector
Baring Private Equity Partners has taken a significant stake in multilingual school Estudios Agora for an undisclosed sum. According to reports in the Spanish press, the acquisition is the first step of a buy-and-build operation which aims to create a...
SWEDEN - Candover beds Hilding
Candover has signed an agreement to acquire Swedish mattress manufacture Hilding Anders from Investcorp for an enterprise value of SEK9.2bn (approx. €1bn).
ITALY - Candover is the most probable buyer for Ferretti
After months of speculation about the future of Ferretti, it seems that the luxury yatch group is set to be acquired by Candover. Market sources suggest that the UK buyout house is in final talks with Permira, majority shareholder with a 70% stake. Although...
FRANCE - IPO leads AltéAd buyout
IPO, Synergie Finance and Ouest Croissanec have invested EUR 6m of equity, half of which in convertible bonds, in industrial machinery transportation and maintenance business AltéAd.
ITALY - MPS Venture et al acquire 30% stake in Gruppo SDN
MPS Venture SGR, coinvesting with Centrobanca Sviluppo Impresa and Sanpaolo IMI Investimenti per lo Sviluppo SGR has signed an agreement to acquire a 30% shareholding in Gruppo SDN. The deal value has not been disclosed. Naples-based Gruppo SDN provides...
SPAIN - TA Associates ready to pay EUR 100m for eDreams
According to press reports, US private equity house TA Associates is set to pay EUR 100m for 100% of the shares in Internet-based travel agency eDreams. A majority stake of 55% is currently owned by a group of 70 investors, including the bank Santander...
SPAIN - Catalana d'Iniciatives takes 25% in biodesel business for EUR 10.5m
Private equity house Catalana d'Iniciatives has taken a participation of 25% in Bioenergética Extremeña for EUR 10.5m. The remaining stake was split between the Hinojosa-Vacas, Bigeriego and Espinosa de los Monteros families, which have diluted their...
ITALY - Sanpaolo IMI Fondi Chiusi acquires shareholding in Blumen
Fund Centro Impresa, managed by Sanpaolo IMI Fondi Chiusi, has invested EUR 3m in return for a 32% stake in Blumen, a retailer of home and garden appliances. Blumen is based in Piacenza and had returns of EUR 15m last year. The business plan includes...
SPAIN - Baring acquires stake in Boniquet-Sparchim
Baring Private Equity Partners (BPEP), has acquired a minority stake in Laboratorios Boniquet-Sparchim. The consideration of the deal, in which Invercartera (Caixa Catalunya's private equity arm) has also invested, has not been disclosed. Boniquet-Sparchim...
SPAIN - Corpfin Capital buys majority stake in Alfe for EUR 30m
Corpfin Capital has recently acquired a participation of 56% in the capital of rental equipment company Alfe Grupo Empresarial for EUR 30m. The main activity of Alfe is the rental of machinery and equipment for both civil engineering and construction...
ITALY - BS Private Equity backs acquisition of Megatel and Gigatel
Mobile telephony retailer MIT Group, backed by BS Private Equity, has agreed to buy sector players Megatel and Gigatel for an undisclosed sum. The acquisition of the two companies is part of the development strategy of MIT, especially focused on growth...
POLAND – Advent International acquires the ULTIMO Group
Private equity investor Advent International has acquired the polish debt purchase and debt collection business ULTIMO Group from the company’s founders and funds managed by AIG Capital Partners Inc. The value of the transaction is undisclosed.