Exits
DeA sells Targetti to trade
Having completed a restructuring, DeA sells the light fixtures manufacturer to corporate 3F Filippi
Warburg Pincus sells Inea to Macquarie
Deal ends four-year holding period after Warburg acquired minority stake in April 2013
Terra Firma calls on H/2 to accept Four Seasons proposal
Development comes a month after the GP proposed to hand over its stake for a nominal sum
Ardian acquires majority stake in DRT
Individual shareholders and Tikehau Capital reinvest part of their proceeds alongside Ardian
BC portfolio company Pharmathen sells Greek operations
Pharmathen will retain name, while the sold operations will be subsequently rebranded
Aurelius acquires Abelan Board Industrial
Packaging business will be merged with the GP's Netherlands-based portfolio company Solidus
Steadfast sells AVS Verkehrssicherung to Triton
Triton drew equity for the investment from its €3.3bn buyout vehicle, Triton Fund IV
BC-backed Springer Nature prepares IPO
Germany-based media company is targeting a capital increase of €700-800m via the flotation
Herkules sells Tirag and franchises to Kitch'n
GP exits portfolio company from its Herkules II fund after investing in April 2007
Gimv sells Brakel via trade sale
Gimv sells natural climate control and fire safety specialist Brakel to Kingspan
IK exits Ramudden to Triton
Transaction ends three-year holding period for IK, which acquired Ramudden in April 2014
IK-owned TCM lists on Nasdaq Copenhagen
Final offer price was set at DKK 98 per share and trading commenced on 24 November
Lenders take control of CVC- and Eurazeo-backed Fraikin
Debt arranged as part of the 2007 LBO will be significantly reduced from €730m to €265m
Aurelius makes 11.6x on €76.5m sale of Studienkreis to IK
Aurelius generates a return of approximately 11.6x on its investment in the company
Permira-backed Arcaplanet buys Fortesan
Combined group will operate 280 stores across Italy and employ more than 1,000 people
Livingbridge acquires LDC-backed Giacom
Vendor has reinvested for a minority stake in the cloud-based IT marketplace
Silverfleet sells CCC to Ardian
Management team, headed by Christian Legat, take a significant stake and remain in their roles
Novo Nordisk-backed Orphazyme lists in DKK 1.6bn IPO
Introductory share price was set at DKK 80 apiece, for a market cap of DKK 1.6bn
PAI, Sagard to exit Kiloutou in €1.5bn deal
HLD Europe and the Dentressangle family holding take a majority of the equipment rental business
JC Flowers- and Encore-backed Cabot pulls IPO
Company says the current IPO and broader market conditions are not conducive to a flotation
InVenture sells stake in Busfor
Russia-based GP invested in the startup in a $20m funding round in October 2016
Trilantic buys Oberberg Group from Odewald
Trilantic draws equity from its €900m, 2015-vintage buyout vehicle Trilantic Europe Fund V
Deal in Focus: Ardian merges Spanish bakeries Berlys and Bellsolà
Ardian's investment in Berlys and Bellsolà forms part of a consolidation play in the European frozen food industry
Cipio sells Wywy to PE-backed TVSquared
TVSquared simultaneously opens a Munich office to provide ground support for European clients