Exits
BGF-backed Hawk Group enters into administration
Development comes three years after the GP invested £8m in the construction equipment business
Idia et al. back Le Groupe Bioclinic in SBO
GPs invest in medical analysis laboratory Bioclinic while founder Dabi retains majority
JZ Capital, Avenue Capital sell Petrocorner to trade
JZ Capital Partners expects to receive cumulative gross proceeds of €12.1m from the sale
Ardian exits CLH
APG and WSIB, which already owned a 5% stake each in CLH, will hold 10% each after the transaction
L Catterton partially exits Steiner via $900m Elemis sale
Sale of the skincare brand to L'Occitane is worth marginally less than the original deal for its parent
PE-backed Rafaut bolts on AEDS
Ace Management and Étoile ID-backed Rafaut buys France-based AEDS, doubling group turnover
Axcel sells Mita-Teknik back to founding family
GP makes the divestment from Axcel IV, a DKK 3.6bn vehicle that closed in July 2011
Lampe Privatinvest sells von Oertzen to trade
Water jet maker von Oertzen was bought by Hako, a subsidiary of the Possehl industrial group
Activa sells stake in Sport 2000 to its cooperative
After discussions, Activa sells retail chain to co-investor Sport 2000 Coopérative
LDC exits Inprova via dual sale
GP sells the company's energy division to Inspired for £19.5m and the non-energy arm to management
BGF sells Petrotechnics stake in trade sale to Sphera
Risk management software provider was exposed to the dramatic oil price drop in 2014-2016
Triton sells Nordic Tankers to trade
GP makes the divestment from The Triton Fund III, a €2.25bn fund that held a final close in 2010
Nordic Capital acquires Board International
Sixth investment from Nordic Capital’s €4.3bn Fund IX, which held a final close in May 2018
CVC sells Parex to trade in $2.55bn deal
Deal for speciality chemicals firm is expected to generate synergies in the CHF 80-100m range
Synova reaps 5.6x from Stackhouse Poland sale to Gallagher
Sale of specialist insurance broker comes four years after the GP's initial investment
Creafund sells Mylène to trade
Creafund invested in Belgium-based beauty and cosmetic products specialist Mylène in 2015
Phoenix reaps 3.6x from Travel Chapter sale to ECI
Sale of holiday accommodation booking company ends a holding period of less than three years
Waterland sells Combell to Hg
SME-focused hosting company demerged from its parent group Intelligent in April 2018
KCP exits Siamo Group
Sale ends a holding period of 11 years for KCP, which acquired a majority stake in 2007
Bain brings in PSP as Wittur co-investor
Pension fund said it will closely cooperate with Bain as sponsor and trusted partner
Hilco-backed HMV enters administration
Group's 125 stores will continue to trade while a buyer is sought for the business
Capital Croissance acquires Vlad from UI Gestion
UI Gestion sells its stake in France-based Vlad, while BPI France and management reinvest
Stirling Square buys Verescence in SBO
GP buys France-based Verescence, a glass packaging specialist, from Oaktree
IK's Mademoiselle Desserts bolts on Les Délices des 7 Vallées
France-based Mademoiselle Desserts completes its second bolt-on since the IK acquisition
