Exits
CEE mid-market players welcome renewed attention from larger GPs
Focusing on the mid-market pays off, as renewed interest from international sponsors affords interesting SBO opportunities
BC makes US deal with Zest buyout from Avista
GP is deploying capital from its 10th fund, which closed in January on its €7bn target
Pragma Capital buys GSRI in MBO
GP buys a majority stake in the French infrastructure inspection engineering group
Turkven completes Medical Park listing on Borsa Istanbul
Turkish GP made a full exit, selling 72.8 million shares in the offering at 19 lira apiece
Qualium exits CMAI deal
ICG takes over from Qualium, the previous main shareholder in the maker of closets and sliding doors
DPE sells Elatec to Summit
DPE acquired its stake in Elatec in January 2016, drawing equity from the €575m fund DPE III
EQT sells CBR Fashion Group to Alteri
Deal ends a holding period of almost 11 years for EQT, after SBO from Apax and Cinven
Ardian backs SFAM in €1.7bn deal
GP acquires a €200m minority stake in the French broker of smartphone and multimedia insurance
TPG to exit Vita Group
TPG took the company private in 2005, drawing equity from its $5.3bn TPG Partners IV fund
Aurelius sells AH Industries back to management
Kim Kronborg Christiansen and Adrian Roy Willetts will head up the management team
August sells Active Assistance to Montreux Capital
Divestment of the specialist healthcare provider follows an eight-year holding period
Cinven-led consortium sells €142m stake in Jost Werke
Deutsche Bank, JP Morgan and Commerzbank place the shares in an acclerated offering
Mentha Capital exits Fri-Jado in SBO
Dutch manufacturer of food service equipment is sold to GP Torqx Capital Partners
NorthEdge reaps 3.5x on £70m sale of DW3 to Masonite
Divestment of the window and door manufacturer results in a 59% IRR following a 40-month tenure
Eurazeo reportedly in second round for Hg's Trace One
Hg has looked to sell the French retail and private-label goods SaaS platform since October
Chiltern divests Vantage to Exponent-backed Enra
Deal comes 20 months after the vendor acquired a significant minority stake in the mortgage broker
Advent International to buy French telecoms business Circet
GP acquires the asset from majority backer CM-CIC Investissement, Omnes, founders and management
Equistone sells Concept Life Sciences to Spectris for £163m
Equistone formed Concept Life Sciences through a hat-trick of acquisitions in 2014
Waterland sells Premium Group to Blackstone's Clarion
Blackstone acquired London-based Clarion from Providence Equity Partners in July 2017
Triton's WernerCo buys Zarges from PE backers
Baird Capital and VR EquityPartner both made an exit in the sale after a 12-year holding period
Investindustrial acquires Benvic Europe from OpenGate
Deal closes a four-year holding period under OpenGate, which acquired the firm in 2014
Stage Capital exits STI Group in SBO
French plastic medical devices manufacturer is sold to Mérieux Développement and Gimv
Partners Group makes 6x return, 74% IRR on VAT Group final exit
GP originally acquired a joint majority stake alongside Capvis Equity Partners in December 2013
HIG buys Beinbauer from Orlando
Management team, headed by Tobias Lührig and Patric Meeth, will continue to lead the group