Buyouts
IK buys LSA from BlackFin
BlackFin exits the company five years after wholly acquiring it, then operating as Lucheux
Waterland to acquire Yieldkit
Acquisition of the marketing optimisation business is a platform investment from Waterland VII
PAI buys MyFlower from LFPI and Montefiore
GP is deploying equity from its latest vehicle, PAI Mid-Market fund, which held a first close in October 2020
CD&R carves out Wolseley UK plumbing merchant business for £308m
Ferguson engaged NM Rothschild to approach potential buyers in October 2020
Adelis buys stake in Finnish digital learning firm Valamis
Current management will retain a significant stake in the company and continue in their roles
IK invests in Valoria Capital
GP invests via IK Small Cap II Fund, while Idinvest provides financing for the transaction
Weinberg Capital buys supermarket chain Marcel & Fils
GP is deploying equity from its third fund, and Marcel & Fils is its fourth investment from the vehicle
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Evoco carves out six industrial companies from Gesco
GP is deploying equity from its third fund, Evoco TSE III, which held a first close in June 2020 on €93m and is targeting €150m
Livingbridge invests in Welltel
Livingbridge intends to accelerate Welltel's growth plans by supporting its M&A programme
Aksia in exclusive talks to acquire MIR – report
De'Rossi & Associati is reportedly acting as a legal adviser to MIR, while Mediobanca is running the process
IK sells Signature Foods to Pamplona
IK acquired the company from its IK VII fund, which closed on €1.4bn in October 2013
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on ТЃ575m in February 2017
Arcus buys majority stake in BitterLiebe
Founders of the bitter dietary supplements producer are to retain a minority stake in the company
Ardian buys AD Education
BC Partners and CVC were also reportedly among suitors mulling a bid for AD Education
Toscafund, Penta to acquire TalkTalk for £1.1bn
Consortium offered 97 pence per share, a premium of 16.4% on the unaffected share price of 83.3 pence
Omnes buys minority stake in Tennaxia
Company will use investment to step up cross-selling strategy, strengthen sales teams, and attract new customers
LDC exits Texthelp, Five Arrows invests
LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners
Mutares to acquire Primetals Technologies France
Deal will see the business carved out from its parent company on expected completion in February 2021
Auctus acquires Energiekonzepte Mitteldeutschland
Solar panel installation business intends to pursue a buy-and-build strategy in the German market
Equinox buys pesto specialist Clas
Equinox invests in the business via its Equinox III fund, which closed on €360m in July 2020
Procuritas buys and merges Medpro and Omtanken
GP is deploying equity from Procuritas VI, which held a final close on тЌ318m in May 2017
Mobeus backs £9.5m ABL1Touch buyout
Management team will be joined by Bill Duffy, previously of Nationwide Autocentres