Exits
Polaris to launch sale of ProData Consult in 2021 – Mergermarket
Asset is reportedly due to come to market in 2021, with the sale process most likely starting in H1
CBPE hires Arma to sell Xceptor
Xceptor recorded group revenues of £27m and EBITDA of £10.8m for the year ending on 31 July 2020
Abénex backs Squad MBO, Apax exits
Apax Partners Development (formerly EPF Partners) invested around €10m in the cybersecurity firm in 2017
SHS sells stake in Single Use Support
SHS invested in the pharmaceutical liquid transportation business in November 2019 via SHS V Fonds
IK sells minority stake in Third Bridge to Astorg
IK Investment Partners has entered into an agreement to sell its minority stake in Third Bridge to French private equity firm Astorg.
eEquity, Bonnier Ventures sell Refunder to trade
eEquity exits the company three years after acquiring a majority stake in the company, and achieved a multiple of 3-5x on the transaction
Insight Partners leads $100m round for Jedox
Investment of more than $100m has also generated returns for early investors including eCapital
Mobeus sells Bourn Hall to Canadian investor Triangle Healthcare
Fertility clinic Bourn Hall generated revenues of £10.9m in 2019, down from £12m in 2018
Inflexion exits Bollington Wilson to trade
GP formed the company by merging two insurance brokers in 2017, investing via Inflexion Buyout IV
Novum Capital sells Schluckwerder to CapVest's Valeo
Sale for the confectionery manufacturer began in September 2020, drawing sponsors and trade buyers
Siparex exits microcars maker Ligier
Sale ends a five-year holding period for Siparex, which acquired a majority stake in Ligier from 21 Partners
Alder sells Nordic Water to trade
Swiss buyer is paying €119m for the company and will see Alder and the management exit the business
Apax France to acquire NL Mental Care from NPM Capital
NL Mental Care was acquired by NPM in 2013 and made a series of add-ons during the investment period
VC-backed Pflege.de to be acquired by Hartmann
VCs who have backed the home care information website include Hanse Ventures and Holtzbrinck Digital
Westlake sells Somatex to trade for $64m
US-based listed medical devices business Hologic acquires the business in a $64m deal
NVM sells It's All Good to CapVest-backed Valeo Foods
IAG is the 15th food business to be acquired by Valeo Foods since it was founded in 2010
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Alcedo to sell Nahrin SwissCare to Vam
Vam Investments takes stakes in businesses requiring restructurings, with a required investment of €5-20m
Invision sells TonerPartner to Gilde Buy Out Partners
Gilde is currently investing from its Buyout Fund V, which closed on €1.1bn in November 2015
MB Funds to sell A-Katsastus to Finnish cooperative Tradeka
Exit comes a year and a half after the Finnish GP acquired the company from Bridgepoint, having also owned the company between 2003 and 2006
Maj Invest acquires Ferm Living from Vendis Capital
Deal reportedly values the interior design company at around €67m
IK sells Signature Foods to Pamplona
IK acquired the company from its IK VII fund, which closed on €1.4bn in October 2013
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
VC-backed Cazoo acquires Target Global-backed Drover
Cazoo generates revenue of £150m and has a valuation of more than £2bn
