Exits
VCs exit Understand.AI to trade
Germany-based trade buyer DSpace has acquired autonomous driving software company Understand.AI
Ardian buys majority stake in Staci from Cobepa
Transaction sees logistics services provider Staci valued at €600m, according to a report
Inflexion sells Cawood Scientific to Waterland
Acquirer typical makes initial investments in deals with enterprise values of up to €100m
BlueGem sells Liberty to Glendower for £300m
Vendor generated a 12x return on the luxury retail store after a nine-year holding
Permira acquires Quotient from GHO for a reported £600m
Outsourced drug development company has expanded into the US and tripled its revenues under GHO
3i buys Evernex from Carlyle in deal exceeding €400m
Carlyle invested in Evernex, a provider of IT infrastructure maintenance, in 2015
FSN sells Velcora to trade for SEK 1.28bn
Acquisition includes Velcora's Roplan and Steridose businesses, both headquartered in Sweden
Inflexion to merge Bridgepoint-backed Estera with Ocorian
Transaction ends a four-year holding period and reportedly values Estera at £500-600m
Yabeo, IBB, Atlantic Labs sell stakes in Dentolo to trade
Atlantic Labs first invested in the dental insurance platform in 2016, with Yabeo investing in 2017
Clessidra sells Cavalli to Dubai-based firm
Sale ends a four-year holding period for Italian GP Clessidra, which owns a majority stake
Capza buys Groupe Saint Aubin in SBO
Capza, formerly known as Capzanine, invests in the food company via its Capza Transition fund
VCs sell Amal to Boehringer Ingelheim in €325m deal
Boehringer Ingelheim Venture Fund and High-Tech Gründerfonds provided seed funding for Amal in 2014
AnaCap makes 2.6x on Ellisphere exit
Sale of business intelligence company generates a 2.6x money multiple and 52% IRR for AnaCap
Oresa exits Somaco to trade
LafargeHolcim has wholly acquired the pre-cast concrete producer to expand its position in Romania
Rubicon sells Farsound Aviation to AGIC for £115m
Aviation-focused supply chain management company was reportedly marketed based on £11.4m EBITDA
DBAG sells Novopress
DBAG has been a shareholder in the electromechanical pressing tools manufacturer since 1990
Waterland sells VivaNeo to Impilo portfolio company TFP
VivaNeo has closed 12 successful acquisitions during Waterland Private Equity's holding period
Itago's NEIP III sells ABL to trade
Sale ends a four-year holding period for NEIP III, which owned a 44.25% stake in ABL
Argos Wityu to sell I'Car Systems and Datafirst
Software development companies for automotive manufacturers and dealers sold to Providence
Seventure sells Chronotruck to trade
Seventure led a €3.5m series-A round of funding in France-based Chronotruck in Q1 2017
KKR sells Webhelp in €2.4bn deal
Webhelp's value when acquired by KKR in 2015 was €1bn, versus €2.4bn now
Ardian sells Schleich to Partners Group in tertiary buyout
Schleich was sold in a process run by JP Morgan that also attracted Pamplona Capital Management
CVC sells 30% stake in D&G to ADIA
GP reportedly pulled a dual-track process for the business in June that targetted a £1.2bn valuation
Ardian-backed Weber Automotive files for insolvency
Ardian acquired the automotive components manufacturer using its Ardian LBO Fund V in 2016
