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Exits

Oil rig undergoing repair work in port
Nord Kapital sells Rapp to MacGregor for €16m

According to Rapp Marine, the enterprise value of the acquisition was approximately €16m

  • Exits
  • 22 December 2017
Fishing boat at sea
Credo sells Optimar to Franz Haniel & Cie

Deal ends a five-year stint under Credo ownership, which acquired the business in November 2012

  • Exits
  • 22 December 2017
Filled piadine flatbreads
Idea sells majority stake in La Piadineria to Permira

Deal is reportedly valued at more than €250m, two and a half years after Idea acquired it for €30m

  • Exits
  • 21 December 2017
Roses and florists
KKR sells Afriflora to Sun European

Under the vendor's tenure, the business has acquired new land to expand its greenhouses and farms

  • Exits
  • 21 December 2017
Atesteo is a drivetrain and automotive testing business
3i makes 4.4x on €307m sale of Atesteo to IHO

Sale ends a four-year holding period for the GP, which acquired Atesteo in September 2013

  • Exits
  • 21 December 2017
Norsk Gjenvinning is a recycling and waste management service
Summa buys Norsk Gjenvinning from Altor

Altor backed the spin-out of the recycling business from Veolia in 2011 via Altor Fund III

  • Buyouts
  • 21 December 2017
Barcode labels for warehouse organisation
Deal in Focus: IK buys Optimum from Mentha

IK Investment Partners makes its first acquisition in the Benelux region since the opening of its new office in Amsterdam in April

  • Buyouts
  • 20 December 2017
Wealth managers and financial advisers
AnaCap sells First Names to Astorg's SGG

Transaction sees AnaCap generate a 2.6x money multiple on its investment in the administration business

  • Exits
  • 20 December 2017
Hevy construction and commercial architecture
Enterprise sells Macon to Xella in trade sale

Deal ends a 12-year holding period for Enterprise, which acquired the business in 2006

  • Exits
  • 20 December 2017
Nurseries and childcare
Ontario Teachers' partially divests Busy Bees to Temasek

Nursery school business has undertaken an acquisitive growth strategy under the LP's tenure

  • Exits
  • 20 December 2017
Afternoon tea at the Wolseley in London
Graphite divests Corbin & King to Minor Hotels

Luxury restaurant group opened four new restaurants and one hotel during the GP's holding period

  • Exits
  • 19 December 2017
CEME manufactures precision water pumps for coffee machines and other applications
Investindustrial acquires CEME from Investcorp for €280m

New GP will own 97% of the pump and valve maker, with the remainder held by management

  • Buyouts
  • 19 December 2017
Forest holidays
Phoenix acquires LDC's Forest Holidays

Deal reportedly values the rural holiday accommodation business at around the £100m mark

  • Buyouts
  • 19 December 2017
Zyrofisher is a retailer of bicycle parts
Palatine acquires ZyroFisher from LDC

LDC retains a stake after reinvesting to support the company's future expansion plans

  • Buyouts
  • 18 December 2017
Metal roofing merchants and fitters
Abénex, Astorg sell Onduline to Naxicap

Company's management team, led by Richard Seguin, will retain a minority stake alongside Naxicap

  • Buyouts
  • 18 December 2017
Sumo develops videogames such as Sonic & Sega All-Stars Racing
Perwyn-backed Sumo floats with £145m market cap

Listing of the video games developer will generate £39.7m returns for Perwyn and company management

  • Exits
  • 18 December 2017
Automotive quality control
LBO France carves out Crouzet

French manufacturer of automation components Crouzet is carved out of PAI's InnoVistaSensors

  • Buyouts
  • 15 December 2017
Brink makes towbars for cars and pickups
H2 Equity sells Brink Group to trade for €169m

GP makes the divestment from its 2010-vintage €300m buyout fund, H2 Equity Partners Fund IV

  • Exits
  • 15 December 2017
Elderly healthcare and nursing homes
Terra Firma's Four Seasons agrees interest payment standstill

Major creditor H/2 has agreed to the measure in order to facilitate a consensual restructuring

  • Exits
  • 15 December 2017
7days designs and sells fashion for medical staff
Silverfleet buys 7days from Odewald

Silverfleet plans to increase 7days market share in Germany and expand internationally

  • Buyouts
  • 15 December 2017
Windscreen replacement services
Nordic Capital acquires majority stake in Ryds Bilglas

Founding family Ryd retains 10% of the company and will be on the board of directors

  • Buyouts
  • 14 December 2017
Sports tours and recreation
Phoenix sells Riviera to Silverfleet

Sale of holiday provider brings to an end a three-year holding period for the vendor

  • Exits
  • 14 December 2017
Oxygen masks and respirators
Duke Street exits Baywater after four-year holding

Buyout of Baywater Healthcare was Duke Street's second deal-by-deal financing

  • Exits
  • 13 December 2017
The molecular structure of graphene
Triton makes 3.4x on final divestment of Orion, 37% IRR

Triton sold its remaining 8% stake at $22.99 per share, representing gross proceeds of $120m

  • Exits
  • 13 December 2017
113 114 115
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