Buyouts
UK - LGV backs Integrated Dental Holdings
Legal & General Ventures (LGV) has acquired a significant shareholding in Integrated Dental Holdings, the UKтs largest owner of dental practices, for an undisclosed amount.
GERMANY - EQT buys Kabel Baden-Württemberg
EQT has signed an agreement with funds advised by Blackstone and CDPQ to acquire 100 % of Kabel Baden-Württemberg GmbH & Co (Kabel BW). EQT intends to continue supporting Kabel BW’s expansion and move into triple play.
SPAIN - Nmás1 invests in vending machine operator
Dinamia Capital Privado and Nmás1 Private Equity Fund have acquired 100% of Servicio de Venta Automática S.A. (Serventa) in a deal valued at around EUR 30m. The company was purchased from Urex Inversions S.A., which forms part of Altadis. The transaction...
SWEDEN - FSN Capital acquires Aura Group from Bridgepoint
Aura, the Swedish long life lighting manufacturer, has been sold by Bridgepoint to FSN Capital Partners AS. The value of the deal has not been disclosed.
UK - Bank of Scotland Integrated Finance backs Interface UK
The West Yorkshire-based international contract textile operations of Interface Fabrics has announced that it is to leave US parent Interface, Inc. in a management buyout backed by Bank of Scotland Corporate. The ТЃ16m deal, effective from 22 April, will...
UK - BC Partners and Apax involved in £2.2bn healthcare deal
Network Healthcare Holdings (Netcare) has announced its acquisition of a controlling interest in leading UK private hospital group, General Healthcare Group Limited (HG), from BC Partners. Netcare is supported by a consortium of investors including Apax...
FRANCE - Activa Capital backs MBO of Créal
Activa Capital Fund FCPR has purchased a majority stake in Créal, a leading French manufacturer of aluminium windows from its founder, Claude Caprini, and Siparex SPF III Middle Market, a fund managed by Sigefi Private Equity. Founded in 1992 by Claude...
SPAIN - Buy and build continues with acquisition of Foprar
Qualitas Equity Partners and Lombard Odier Darier Hentsch & Cie Private Equity (LODH) have together acquired 100% of Foprar, a manufacturer of tubes and frames for civil works projects. This follows the acquisition in March of 100% of Pronave Yecla SL,...
AUSTRIA - The Carlyle Group acquires UC4 Software
Financial investors PONTIS Venture Partners and Capexit have exited their joint 21% stake in UC4 Software GmbH. The electronic job scheduling specialist was sold to The Carlyle Group in a joint replacement capital and MBO transaction. The founding manager,...
GERMANY - Auctus Management acquires PharmaZell GmbH
Auctus Management has acquired Raubling-based PharmaZell GmbH from the Lubrizol Group.
NORWAY - HgCapital announces intention to take Visma private
Engel Holding AS, owned by funds managed by HgCapital, has decided to make a recommended public voluntary cash offer for all outstanding shares in Norwegian Visma ASA. The offer price, which is NOK 135 per share, values Visma at NOK 4.32bn.
GERMANY - MatlinPatterson to take over Heros
MatlinPatterson has agreed the takeover of insolvent currency transport service Heros with its creditors.
FRANCE – Perfectis backs security group BIMBO
Perfectis Private Equity has backed the BIMBO of SEPTAM to acquire a majority stake in the newco Vesta Capital. The investment marks the private equity house’s third investment through its FCPR Perfectis II. The balance is held by incoming CEO Eric Thord...
NETHERLANDS - Rabo Participaties to acquire Luzac College
USG People NV, a provider of employment services in Europe, has announced that it expects to sell Luzac Holding NV, a parent company of among others Luzac College and InterCollege, to Rabo Participaties and management.
FRANCE - Colony and Butler buy Paris St Germain from Canal+
Colony Capital and Butler Capital Partners (BCP) have purchased the football club Paris St Germain (PSG) from Canal+ for EUR 41m. Colony has invested via Colyzeo, which formed in partnership with cornerstone investor Eurazeo. The private equity houses...
FRANCE - Finatem acquires Mecanindus-Vogelsang Group
Finatem has acquired 75% of Mecanindus-Vogelsang group. The remaining 25% interest has been acquired by the management and the former owners. IKB provided senior debt to finance the transaction via its Frankfurt and Paris offices.
NORWAY - Ferd Private Equity Fund acquires D&F Group
FPEF has acquired the oil service company D&F Group from the founders and management of the company. The company is a leading supplier of services to the oil and gas industry on the Norwegian continental shelf within the areas of surface treatment, passive...
UK - LDC backs buyout of National Accident Helpline
LDC has backed the management buyout of National Accident Helpline (NAH) т the UKтs biggest personal injury claims management company.
UK - Duke Street invests £100m in Food to Go
Duke Street Capital has acquired Food Partners, a leading supplier of pre-packed sandwiches to food service operators in the UK.
FRANCE - Sagard acquires laundry group from Astorg
Sagard has backed the secondary buyout of Régie Linge Développement (RLD) from Astorg Partners. The private equity house has gained an 80% shareholding in France’s third largest professional linen hire, while the management team holds the balance. Although...
SPAIN - 3i acquires Gamesa Group
3i has acquired a 100% stake in Gamesa Energía y Servicios SA and Siemsa Este SA (GES). Both are divisions of Corporación Tecnológica Gamesa. The company specialises in the construction and maintenance of wind farms and has a diversified petrochemical...
GERMANY - DZ Equity Partner acquires aluminium and titanium specialist
DZ Equity Partner GmbH, together with company management, has acquired 100% of TITAL Titan-Aluminium-Feinguss GmbH. The value of the transaction, which was agreed on 1 April, is undisclosed. The vendors, a group of private investors, were advised by Hübner,...
ITALY - Investindustrial acquires 65% of Stroili Oro
Investindustrial has led the acquisition of 65% of Stroili Oro, Italy’s leading jewellery retail chain. L-Capital (LVMH Group) and Ergon Capital, former shareholders of Stroili Oro, will retain a 35% shareholding. Following the acquisition, a minority...
SWEDEN - Carlyle and Providence to acquire Swedish cable operation
Liberty Global has announced that it has reached an agreement to sell 100% of its Swedish cable business, UPC Sverige AB to a consortium comprising The Carlyle Group (“Carlyle”) and Providence Equity Partners.