Buyouts
Providence buys La Centrale
Following the deal, which is expected to close in Q1 2021, Axel Springer will retain a minority stake
FSN to acquire 45% stake in Obton
GP is reportedly paying тЌ403m for its stake, corresponding to a valuation of 25x profit for 2019
AnaCap acquires Novia
Total equity in the business was worth ТЃ26.7m as of April 2020, according to Companies House
Peninsula, Azimut buy Isola dei Tesori
Deal also includes a capital increase to support the company's growth, expansion plan and acquisition strategy
Main Capital acquires Perbility
GP is investing via Main Capital VI and sees buy-and-build opportunities for the HR software
Investcorp acquires clinical trials company Sanos
GP is deploying equity from its European Buyout Fund, which held a final close on тЌ1bn in January 2019
Maven buys Envitia for £17m
Envitia, a geospatial technology provider, reported ТЃ6m in revenues and ТЃ998,000 in EBITDA in 2019
Accursia acquires GA Actuation Systems
Automotive and aviation original equipment manufacturer was sold in a process led by Carlsquare
Latour carves out workwear brands Fristads, Kansas, Leijona
GP is acquiring the companies through its fully owned portfolio company Hultafors Group
Montagu acquires Capita's ESS, invests in ParentPay
Completion of the ESS sale is subject to approval from Capita's shareholders
Borromin sells Guntermann & Drunck to Naxicap
SBO will result in returns of 3.9x money and 30% IRR, according to a source close to the situation
21 Invest buys Aussafer Due
GP plans to strengthen the company's market position across Italy while expanding its international presence
WestBridge buys Eque2 for £46.5m from LDC
Between 2017 and 2020, the business increased revenues by 29% and EBITDA by 85%, according to a statement
Alantra backs Surexport
GP deploys capital via Alantra Private Equity Fund III, a €450m vehicle that targets mid-market companies
Polaris reaps high-teens return on €1bn sale of Molslinjen
Deal is the first exit from the GP's third buyout fund
SK Capital to buy Ipackchem from Sagard
Sale ends a holding period of around four years for Sagard, which bought Ipackchem from Céréa and BPI France
Endless acquires Party City's international assets for $59m
Amscan, the UK business being sold, will have its management team continue in place
Emeram acquires Tenié und Gores
Emeram plans to support TUG's growth in part by making add-ons to consolidate the submetering market
Mid Europa to acquire Sage Group's Polish business
Software business is valued at £66m and the sale process saw interest from a number of sponsors
Portobello buys Poligof from 21 Invest
Sale ends a five-year holding period for 21 Invest, which bought Poligof via its 21 Investimenti III fund
Inflexion sells LCP to Charterhouse for £300m
LCP's executives and employees own a majority of its shares and its partners will increase their share
Enterprise Investors to carve out Software Mind from Ailleron
GP will deploy equity from its Polish Enterprise Fund VIII, which held a first and final close on €498m
Carlyle acquires IC Consult Group
Primary buyout from CETP IV sees the IAM software company's management team retain a minority stake
Nazca Capital buys Laboratorios Almond
GP intends to support the company in boosting its expansion across Spain and the rest of Europe