Buyouts
V4C, Ananda Impact acquire Doktor 24
Investment will finance Doktor 24's acquisition of two other healthcare businesses in Hungary
Callista acquires ETM from BOS
Callista intends to continue the strategic repositioning of ETM and to expand its customer base
Investcorp acquires Avira for $180m
Deal is the seventh from Investcorp Technology Partners IV, which held a final close on $400m in December 2018
Family Trust Investor buys AlphaQuest
Investment in IT consultancy firm is the third from the Munich-based GP's debut fund
Palatine invests in Acora
Acora was sold in an auction, which saw Inflexion Private Equity and LDC make bids
EQT enters exclusive negotiations to acquire Schülke
Sale process saw EBITDA adjustments due to the hygiene product company's increased revenues
Ufenau buys majority stake in Ikor
Investment in the Hamburg-based digitalisation consultancy is the second from Ufenau VI
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Main Capital buys majority stake in health software firm Alfa
Netherlands-based GP paid тЌ15-20m for its stake in the company
Bridgepoint buys 28% stake in French asset manager Cyrus
GP invests via its lower-mid-cap fund Bridgepoint Development Capital III, which raised around £600m
Riello Investimenti backs First Advisory
GP invests via its Italian Strategy Fund, a €150m vehicle that held a €50m first close in June 2019
York Capital, Elements Capital buy Pillarstone-backed Famar
In addition to Famar Italia, the Italian subsidiary of Famar, the deal also includes Famar Properties
CapMan to buy majority stake in Swedish firm PDS Vision
Deal will see minority shareholder Arctos Equity Partners exit the business
Promentum sells Danish AI business Grazper to Yokogawa
Danish venture capital firm exits the business after having invested in it in 2016
Gro acquires majority stake in Danish company Queue-It
Deal is Gro Capital's third investment from its GRO Fund II, a тЌ255m vehicle
Blackstone to continue preparations to acquire NIBC
Blackstone's offer comprises 995 euro cents per share, including the final dividend of 33 cents
Waterland to buy Direkt Gruppe
GP will acquire the IT and business consultancy group subject to competition authority approval
KKR buys Viridor from Pennon in £4.2bn deal
Enterprise value of the company equates to 18.5x its adjusted 2018/19 EBITDA of ТЃ225.4m
Active Capital buys Delta Coastal Services
GP deploys capital from Active Capital Company Fund IV, which closed on €85m in September 2019
Viridor/KKR shows sponsor route to waste opportunities in Covid-19 market
Waste management, and particularly energy-from-waste, is fast becoming an area of heated dealflow
HBL acquires ZWT Wasser- und Abwassertechnik
GP will seek add-ons in Germany and elsewhere in Europe, as well as promoting organic growth
Baird Capital backs Aura Futures
Baird is currently investing from its maiden globally focused private equity fund, which closed on $310m
Axia buys insurance business Direct Gap
Gordons provides legal advice and Naylor Wintersgill provides financial due diligence services
Immatics acquired by sponsor-backed Arya
Immatics will receive proceeds of approximately $252m upon closing of the deal