Buyouts
TnuiCapital to acquire Busaba
Terry Harrison, Busaba Eathai's managing director, is to remain at the helm
Intriva acquires Lending Works
Nicholas Harding, chief executive officer of Lending Works, will continue to lead the business
NewAlpha acquires majority stake in CHR Numerique
Company has generated €12m in revenues and has a 25% EBITDA margin
Callista Private Equity buys two Mikron subsidiaries
Carve-out acquisition marks the Munich-based special situations investor's third deal of 2020
Tar Heel buys 70% stake in Estetique
GP is looking to create a nationwide dental group and intends to sell it in five to seven years to an industry investor
Carlyle backs translation specialist Memsource
GP deploys capital from Carlyle Europe Technology Partners IV, which closed on €1.35bn in January 2019
Jet Investments fully acquires Tedom
GP deployed capital from its Jet II Fund, a vehicle that held a final close on CZK 4bn in November 2018
Committed Capital invests in MR Marine Group
Deal is the second from the GP's €55m third fund, which held a final close in January 2020
Viking Venture acquires FotoWare
Nordic software-focused private equity firm Viking Venture has wholly acquired FotoWare, an Oslo-based B2B provider of digital enterprise asset management software.
Alcedo buys gnocchi specialist Bertoncello
GP invests in the company via its fund Alcedo IV, which held a final close on €195m in May 2016
Klar Partners acquires Empower IM Oy
Acquisition of the Finland-based smart energy company is the GP's first deal since its inception
Altor acquires 30% stake in renewable energy company OX2
GP is deploying capital from its €2.5bn fund, which is understood to have made four investments so far
Carlyle acquires stake in Envea for €186m EV
Envea reported revenue of €100.4m and an operating profit of €14.7m in FY 2019
Equinox buys Villa Pedemonte, Lombardi Vendorafa
GP invests via its third fund, which targets majority and minority stakes in mid-cap companies
Donau Invest backs Curasan restructuring
Pharmaceutical company will be delisted and acquired by Donau Invest, subject to creditor agreement
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
iXO backs MBO for Exsto
French GP has reportedly backed the deal with a €20m investment, while Siparex exits the business
Mutares buys Sabo Maschinenfabrik from John Deere
Lawnmower and outdoor power tools producer is Mutares' third platform investment in 2020
Cerea backs packaging specialist Axium
BPI France buys a minority stake in the company, alongside Axium's CEO and management team
Cimbria acquires Danish software company APX10
Cimbria Nord buys the two-year-old business from Danish organisation Hedelskabet
Ufenau buys majority stake in Matrix Technology
Deal is Ufenau's second in the IT service sector in 2020, following its investment in Ikor in April
Astorg to acquire Normec from Summit
Summit Partners acquired a minority stake in Normec for an undisclosed amount in December 2017
WestBridge invests £9.6m in BHSC
BHSC reported revenue of £14.5m and an operating profit of £2m for the 2019 financial year
Ergon in exclusive negotiations to acquire Telenco
GP plans to invest in the telecoms equipment producer via Ergon Capital Partners IV