Exits
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
Kennet Partners sells Telemedicine Clinic to trade
Deal was the first investment for the GP's Guernsey-based third fund, Kennet III
LDC reaps 3x return from sale of Atcore to Inflexion
Sale of reservation software developer brings to an end a three-and-a-half-year tenure for LDC
IK sells remaining shares in Actic Group
Actic listed on Nasdaq Stockholm in April, in an IPO valuing the free float at SEK 803m
Omers PE to acquire Trescal in SBO
GP is in talks to buy French calibration services specialist Trescal from Ardian
Capital Partners to sell Gekoplast to K-Holding
K-Holding intends to wholly acquire reusable packaging business Gekoplast before 30 November
RiverRock sells ES-Plastic to CM-CIC-backed Proplast
GP made the divestment from its €169m credit vehicle, RiverRock European Opportunities Fund
IK's TCM Group sets IPO price range
Final pricing and start of conditional trading are expected to take place on 24 November
BPI France sells MR Cartonnage Numérique to trade
Diam International buys French packaging producer MR Cartonnage Numérique from BPI France
Synova sells Clearwater to Salutem
Divestment of care provider brings to an end an eight-year holding for the vendor
Star Capital exit Codyeco via trade sale
GP exits its 95% stake in the Italian dyes business after a four-year holding period
BC-backed Sabre to raise £213m from IPO
Motor insurance underwriter announces its intention to float following a four-year holding