Buyouts
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 £7.3bn for the asset
Further Global acquires majority stake in AA Ireland for €240m
AA Ireland posted €13.7m in net profits in the year to January 2020 on sales of €62.4m
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
CDPQ backs Colisée alongside EQT
EQT and CDPQ intend to support the company in its growth strategy in France and internationally
Bain-led consortium makes €2.1bn offer for Ahlstrom-Munksjö
Consortium has offered €18.10 per share, 24% higher than the €14.56 closing price on 23 September
Clarks in refinancing provided by LionRock - report
A deal would see Clarks raise an investment in exchange for a dilution of the Clark family's holding
Beech Tree invests in Transparity
Transparity is expected to generate £13m in revenues in 2020 and plans to grow to £21m next year
Tenzing acquires three payroll companies to form PSSG
Tenzing I closed on £200m in January 2017 and makes investments in companies valued at up to £75m
Entangled, Capital Dynamics back SM Pack
GPs plan to support the company's growth both organically and via add-ons, while boosting its international expansion
UK deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in the UK, courtesy of Unquote sister publication Mergermarket
Folmer acquires majority stake in Donier Gastronomie
GP is investing from its second fund, which has so far made five platform investments