Buyouts
HIG carves out polyurethane systems business from Covestro
GP plans to develop the business into a leading independent polyurethane systems company
Silverfleet sells Phase One to Axcel for 4.6x
Sale ends a holding period of more than five years for Silverfleet's first buyout fund
Mimir buys Quadriga
Deal is the seventh investment from Mimir's holding company, Mimir Invest, which was raised in 2016
Clessidra buys Italian interior lighting specialist L&S
GP invests from its Clessidra Capital Partners III fund, which closed on €607m in December 2016
Rockpool backs MBO of Datum Alloys
GP has acquired a majority stake in the UK-headquartered steel stencil foil manufacturer
Aliter acquires Bolt Learning
Software and online training firm is the first instalment in a corporate training buy-and-build
Haspa BGM acquires Braase
Small-cap investor Haspa BGM invests in Germany-headquartered companies with revenues of €10-300m
Wise backs Italian fashion accessories producer Waycap
GP deploys capital from its Wisequity IV fund, which held a final close on €215m in March 2016
NB Aurora buys Dierre from Gradiente
NB Aurora bought a 46.1% stake from Gradiente and the remaining 3.8% from Rubbiani for €30.2m
Triton backs Royal Reesink SBO
Equipment distributor Reesink was marketed based on €55-60m EBITDA, according to reports
KKR launches offer for Axel Springer at €63 per share
Friede Springer and CEO Mathias Döpfner, who hold 45.4% of shares, will form a consortium with KKR
Livingbridge backs management buyout of ECS Security
IT security consultancy will spin out from parent business ECS Group and rebrand as Adarma
Altor buys Ideal of Sweden
Founders Joachim Lindström and Filip Ummer, and EEquity reinvest in the transaction
Genoa football club to be sold to York Capital
Genoa was put on the market by president and majority shareholder Enrico Preziosi earlier this year
Chiltern backs Perfect Image MBO
Founder of the Newcastle-based IT consultancy will continue in a non-executive capacity
Advent backs Spanish dental group Vitaldent
GP intends to accelerate the company's organic growth and strengthen its market position
Steadfast Capital backs BUK and UHB
Steadfast Capital invests in lower-mid-market companies with enterprise values of between €20-150m
Mutares to acquire Kico
Germany-based Mutares invests in companies with small profits and revenues of €50-500m
Galiena Capital acquires Cameo Energy stake
GP backs the primary buyout of Cameo Energy, a specialist in energy transition services
Innova to acquire majority stake in CS Group Polska
Deal is the fourth investment made from the GP's sixth fund, which has a €325m hard-cap
Nazca buys biopharmaceutical company Diater in €45m deal
This is the fifth investment made by Nazca Fund IV, which closed on €275m in 2017
Fortino backs Maxxton
Fortino is currently investing from its Fortino Growth Capital II vehicle, which has raised €125m
YFM supports MBO of The Protein Works
GP's maiden institutionally backed fund is more than 70% deployed following the deal
Vespa Capital backs Le Marché de Leopold MBO
Company’s founder sells his majority stake, while management invests alongside the GP