Buyouts
Mediterra acquires majority stake in Turkish fintech PayCore
GP typically makes equity investments of around €20m and currently has 30 portfolio companies
Miura backs Terrats Medical
Producer of dental implants and abutments operates under the DESS Dental Smart Solutions brand
Latour acquires Santiane from BlackFin for €200m EV
Santiane was marketed based on €15m EBITDA, with vendors expecting an EBITDA multiple of more than 10x
Kartesia carves out ADL Biopharma from Black Toro's ADL Bionatur
Deal includes a new debt tranche of €5m made available by Kartesia at closing and a capital increase of at least €10m
IK buys You Sure from Synergia
GP deploys capital from IK Small Cap II Fund, which closed on its hard-cap of €550m in February 2018
Abris acquires Apaczka from 21 Concordia
21 Concordia bought a minority stake in the Poland-based e-commerce logistics business in 2017
Inspirit backs Lloyds Register Group's energy division
Inspirit writes equity cheques of ТЃ2-10m for UK SMEs with revenues greater than ТЃ20m
Holland Capital invests in AMP Groep
Holland Capital has invested in Netherlands-based logistics and identification service AMP Groep.
Callista acquires Nabtesco ITG
Automotive supplier will be renamed Compressor & Components Manufacturing following the carve-out
Investindustrial carves out CSM Ingredients from Rhône's CSM
GP deploys capital from Investindustrial VII and the China-Italy Industrial Cooperation Fund
ASC Investment acquires Radium Lampenwerk
Lighting company was sold as part of parent company Ledvance's strategic review of its portfolio
TDR, private investors to acquire Asda for £6.8bn
Asda was previously in talks with Sainsbury's, which would have paid ТЃ7.3bn for the asset
Further Global acquires majority stake in AA Ireland for €240m
AA Ireland posted тЌ13.7m in net profits in the year to January 2020 on sales of тЌ62.4m
Oakley Capital acquires 7NXT from Crosslantic
Crosslantic acquied the online fitness and health nutrition business from ProSiebenSat in 2018
Nordic Capital, Carlyle bid for Octopus-backed Calastone
Trade bidders are also competing in the process, while Motive Partners was bidding, but is no longer involved
Palatine invests in NRG
Following the investment, the company will follow a buy-and-build strategy and develop its services
Main Capital acquires Textkernel
Main Capital plans to support a buy-and-build strategy for the Netherlands-based recruitment software developer
Livingbridge sells Mobysoft to ECI
Livingbridge began preparations to exit the company in July 2020, in a GCA Altium-led auction process
Argos Wityu proceeds with buyout of Sword's French operations
French operations of the IT engineering and software consultancy generate revenues of €60m
QuattroR backs paper specialist Burgo
Investment includes a €70m capital increase entirely financed by QuattroR that will be used to reduce Burgo's debt
Russmedia Partners buys majority stake in Bergfex
Founders of the online Alpine tourism platform will continue to hold a stake in the business
BC-backed Côte acquired by Partners Group
Former Wagamama CEO Jane Holbrook joins the French-style dining chain's board as chair
Investindustrial, Black Diamond buy Hexion PSR for $425m
GPs intend to boost the company's growth and expansion, while further reducing its debt
EQT carves out Natural Colours from Chr Hansen in €800m deal
GP is deploying equity from its latest fund, EQT IX, which will be 15-20% invested following deal completion