Exits
Hg acquires Auvesy from Brockhaus
Industrial automation software platform is the first investment from Hg's €1.3bn Mercury 3 fund
Abac sells Isolana to Blackstone's BME
Sale ends a two-year holding period for Abac, which acquired a stake in Isolana via its €320m fund Abac Solutions I
Electra exits Sentinel Performance Solutions to trade
GP acquired the heating and water systems cleaning and maintenance business in 2011
Alpha to sell Cyrillus to Alandia, MGA
Cyrillus is part of the Cyrillus-Vertbaudet group, but this sale only seems to include the Cyrillus business
Electra Private Equity sets out 2021 exit plans
GP plans to exit its last portfolio companies: dining chain TGI Fridays and retailer Hotter Shoes
SBOs, mega-deals fuel strong Q1 for French buyouts
While the sharp quarter-on-quarter rebound of late 2020 was not replicated, the French market remained buoyant in Q1
Altor sells Centralpoint to trade for €425m
GP intends to acquire a stake in acquirer Dustin, which Altor listed in 2015
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
ECI looking to kickstart CPOMS sale after summer
GP appoints GCA Altium for the upcoming sale of the educational safeguarding software provider
H2 Equity sells Healthcare 21 to trade
H2 invested in the medical supplies business in 2018, merging it with portfolio company Aquilant
FII-backed Seco to list in Q2
Following the placement, the company intends to boost its expansion and pursue a buy-and-build strategy
Espiga sells Unica to Hexpol for €48m
Unica's management team stays on with the business and will continue to lead the company
Nordic Capital-backed Trustly announces plan to list
Fintech company is reportedly seeking a valuation of €7-9bn
Activa sells Alliance Etiquettes to Chequers
Activa reinvests in the business in exchange for a minority stake, via its ACF IV fund
Magnum sells Lexer to L-Gam's Grupo BC
Sale ends a three-year holding period for Magnum, which invested in the business via its second fund
PE-backed Hemnet plans to list in Q2
The proposed listing comes six years after General Atlantic acquired a controlling stake in the company reportedly for around SEK 2bn
Equistone exits Charles & Alice
Management team becomes the controlling shareholder in the business, while Crédit Mutuel retains a minority stake
PE-backed Allfunds to list within weeks
Company's backers could raise around €2bn through the IPO, according to Mergermarket
Orienta-led consortium sells Sidac to Lindsay Goldberg's Schur
Sale ends a four-year holding period for the club deal led by Orienta, which acquired Sidac from its parent company Acmar
Investcorp, LDC exit Kee Safety
Exit sees the UK-based building safety business acquired by management, backed by ICG
PE-backed Synlab announces IPO intention
Cinven, Novo Holdings and OTTP hold stakes in the Germany-based laboratory diagnostics group
THL, EQT sell stake in AutoStore to Softbank for $2.8bn
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Endless exits Carpet & Flooring in trade sale
GP acquired the carpet and flooring division of listed building products company SIG in early 2017
