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Exits

Holiday destinations
Enterprise Investors shelves Novaturas sale

GP is now considering a public offering on the Warsaw or Vilnius stock exchange

  • Exits
  • 03 November 2017
Home cooking with fresh ingredients
Rocket Internet floats HelloFresh in €1.7bn IPO

HelloFresh will raise €318m in expansion capital to fund continued growth and further acquisitions

  • Exits
  • 03 November 2017
High yield bonds unlikely to replace CLOs for LBO financing
Nordic region dominates Europe's IPO activity

IPO activity has rippled across Europe this year, but the Nordic region stands out, accounting for 30% of European listings

  • Nordics
  • 03 November 2017
Electricity infrastructure
Triton exits Infratek Group

GP sells its shares to French concessions and construction company Vinci Group

  • Exits
  • 02 November 2017
Ghostbusters
Smedvig sells PPC to SDI Media

Sale of film marketing company brings to an end a seven-year tenure for the vendor

  • Exits
  • 02 November 2017
Marble quarries and construction materials
Stage Capital exits Mermeren in €73m trade sale

Added to previous value realisations, the exit delivers a 5x return on investment for the GP

  • Exits
  • 02 November 2017
Wealth management and private investors
Caledonia sells Sloane Club to Queensway and Clearbell

Deal ends a 26-year tenure and gives the private members club an enterprise value of £80.6m

  • Exits
  • 01 November 2017
Mini-Cam manufactures crawlers and probes for pipe surveilance
LDC sells Mini-Cam to Halma for £85m

Sale of the pipeline inspection systems producer is the vendor's eighth exit in five months

  • Exits
  • 01 November 2017
Rowing machines and gym facilities
FSN Capital in partial exit from Fitness World

FSN aims to continue expanding the health club in Denmark and abroad following the Kirkbi investment

  • Exits
  • 01 November 2017
Water fountains and jets
Equistone sells Oase to Argand

Equistone makes the divestment from its €2.4bn third fund, ending a six-year holding period

  • Exits
  • 31 October 2017
Estate agents and realtors
Core Capital divests Cording to Rothschild's Orox

Real estate advisory firm has expanded via an international acquisitive growth strategy

  • Exits
  • 31 October 2017
Groupe Barbaire makes pallet boxes
Galia Gestion, Alliance Entreprendre back Barbarie

GPs replace owner and LT Capital as investors of pallet boxes business Barbarie Groupe

  • Buyouts
  • 31 October 2017
Moncler is a designer of coats and jackets
Eurazeo sells 3.34% stake in Moncler for €208m

Deal generated €188m of net proceeds for the fund manager, which will retain a 5.31% stake

  • Exits
  • 30 October 2017
Consultants and advisers
Graphite backs £72m MBO of YSC from Livingbridge

Deal for the management consultancy brings to an end a four-year tenure for Livingbridge

  • Exits
  • 30 October 2017
Babeau-Seguin is a builder of homes in France
Ardian backs management buyout of Babeau-Seguin

Ardian buys the French detached house builder Babeau-Seguin from Nixen

  • Buyouts
  • 30 October 2017
Stone wool insulation blocks
CVC exits Paroc in €900m trade sale

GP sells the business after a three-year holding and expects the deal to complete by early 2018

  • Exits
  • 30 October 2017
Pills and capsules
Norvestor sells Life Europe after 12-year holding

Deal closes a 12-year holding for Norvestor, after establishing the business in December 2005

  • Exits
  • 30 October 2017
Kitchen units and design
IK's TCM Group to float in Copenhagen

IPO would follow a short two-year holding period for IK, which bought the business from Axcel

  • Exits
  • 30 October 2017
Back pain and spinal surgery
Truffle et al. exit Vexim in €162m Stryker deal

US-based Stryker Corporation acquires French VC-backed company Vexim for €162m

  • Exits
  • 30 October 2017
Cloud computing and hosting services
Livingbridge exits IP Solutions in LDC deal

Communications technology business will look to make bolt-on acquisitions following the deal

  • Expansion
  • 27 October 2017
Consultants and business advisers
CVC acquires TMF Group from DH Private Equity

Deal marks the first investment made by the GP's buyout fund VII, which closed in June 2017

  • Buyouts
  • 27 October 2017
Electronic tilling appliances and associated tablet software
WestBridge, Octopus divest Vista to LDC in £29.4m SBO

LDC invested £14m in the deal, which generated a 4x return and 80% IRR for WestBridge

  • Exits
  • 27 October 2017
Online education applications for teachers
EQT to sell remaining 12.1% stake in AcadeMedia

Swedish GP mandates Carnegie and Skandinaviska Enskilda Banken to run the bookbuilding

  • Exits
  • 27 October 2017
Valve manufacturer VAT Valve
Partners Group sells 9.33% stake in VAT Group

Further sell-down amounts to CHF 355m and leaves Partners Group with a stake of 3.75%

  • Exits
  • 27 October 2017
117 118 119
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