Buyouts
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
Black Sea buys dental clinic operator DigiRay
GP is investing from its maiden fund, which held a first close on €43m in 2018
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
Castik sells Acrotec to Carlyle
Precision parts producer was valued at CHF 280m when it was acquired by Castik in 2016
Investindustrial to take control of Guala
Investindustrial plans to launch a full takeover offer for Guala, at €8.20 per share
Korona Invest acquires stake in Enmac
Enmac is GP's sixth investment from the fund, which was 50% deployed following its fifth investment in April 2020
EQT sells Apleona to PAI for €1.6bn
Deal is PAI's first in the DACH region since appointing Ralph Heuwing as partner and head of DACH
Sovereign Capital backs Zenitech
Sovereign backs Zenitech founders Christopher Lacy-Hulbert, Edward Batrouni and Csaba Suket
Gyrus buys LivaNova heart valve business for €60m
Gyrus has also made an offer for the heart valve's French division, but a decision remains to be made
GED buys four health services
GP deploys capital from GED VI España, which was launched with a €175m target and held a €100m first close in 2019
Gimv sells Climate for Life to Parcom
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant