Buyouts
Ignite Growth invests in Junkyard Golf – report
Ignite Growth invests equity tickets of £2-15m in companies with enterprise values of up to £30m
Ardian buys minority stake in Nutripack Ecocup
Ardian acquires Crédit Mutuel Equity's stake in the France-based packaging manufacturer
Xenon acquires Koverlux from B4 Investimenti
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia
DBay acquires Eddie Stobart for £55m
DBay has also negotiated a new revolving credit facility for the transport and logistics company
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Acorn Growth buys Aerospares 2000
Company's founder, Adam Nemenyi, will remain CEO and retain a significant minority stake in the business
Apax Partners, UI Gestion et al. back Routin SBO
Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer
Invision buys stake in Reisenthel Accessoires
GP will take a majority stake, with the Reisenthel family as minority shareholders
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Agilitas sells Recover Nordic to EQT
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018
Paine Schwartz invests in Warburton
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014
VR Equitypartner acquires stake in Bookwire
GP aims to grow the company's client base and international operations via the minority stake investment
NorthEdge sells DHG to ArchiMed for 3x return
During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus
Afinum acquires Fast LTA
GP will support the Munich-based software company's growth by broadening its product offering
Ardian buys 26% stake in EWE
Ardian secured the asset following an auction process that included Macquarie and Allianz
NVM invests £11.6m in King Construction
NVM drew equity from its third-generation fund, which closed on £142m in November 2018
Apiary invests in Roar Techmedia
Unquote understands the entry multiple for the trade events company was 6-8x EBITDA
Chequers Capital buys air conditioning specialist MTA
Management team reinvests alongside the GP and retains a minority stake in the business
ACG Management et al. back ADN Protection MBI
Soprome and BTC Capital also back the takeover of the security services company
Exponent acquires KPMG pensions advisory
In November 2018, KPMG announced it would no longer provide consultancy work for its audit clients
PAI Partners buys Armacell from Blackstone
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Palladio acquires tanks manufacturer Santi
In additon to the equity deployed by Palladio, a debt package was provided by Intesa Sanpaolo