Exits
Mentha mulling Optimum sale
Mentha Capital took a majority stake in Optimum in 2014, investing from Mentha Capital Fund IV
L Catterton sells Intercos stake to Ontario Teachers'
Deal marks a partial sale for the US-based private equity house after a three-year holding period
YFM divests Harvey Jones to AIB
Sale of stake in kitchen designer and retailer generates around 2x money multiple for the vendor
Permira rejects low PE bids for Teamviewer
Bids valued the company at €1.8-2.1bn, short of Permira's targeted valuation of up to €2.3bn
HTGF, IFH sell Custom Cells to P3 Group
Altana also made a financial exit but will continue to cooperate with Custom Cells operationally
Mentha Capital exits Venko Groep
Mentha sells the Dutch business to Clayton Dubilier & Rice portfolio company BrandSafway
TDR sells ICWG to Roark Capital
Deal for automated carwash business brings to an end a three-year holding period for the GP
Cornerstone sells Infoniqa SQL back to management
Deal ends a five-year holding period for Cornerstone, which acquired Infoniqa SQL in 2012
Rocket Internet et al. sell Glossybox to PE-backed Hut Group
Rocket Internet was the largest shareholder prior to the transaction, followed by Kinnevik
VC backers sell Savedo to Deposit Solutions
Investors include Finleap, DVH Ventures, German Startups Group, Kreos Capital and XAnge Private Equity
Capiton sells Gess Group to Auctus-backed JR Holding
Ends a seven-year holding period for Capiton, which purchased a 68% stake in September 2010
DII sells Carus to Getinge
Deal ends a 12-year holding period for the GP, which purchased a majority stake in 2005
Cinven collects bids for CeramTec
Company, which has been owned by Cinven since 2013, is expected to sell for more than €2bn
Astorg, Montagu partially exit Sebia to CDPQ
Astorg and Montagu acquired the healthcare company from Cinven in 2014
Active sells Rapha to RZC Investments
Deal reportedly values the UK-based cycling clothing and accessories business at ТЃ200m
Blackstone to acquire JOA from Alchemy
Alchemy had taken a majority stake in JOA in 2014 through a quarternary buyout
Blackstone et al. buy stake in Rothesay Life from Goldman Sachs
Deal comes four years after the consortium of investors acquired a majority stake
Bregal sells majority stake in proAlpha to ICG
GP exits the enterprise resource planning (ERG) software provider after a four-year holding period
Core Capital sells AlliedPRA to CI Capital
Deals brings to an end an eight-year holding period in which the company sold its European arm
AAC fully exits Strix via £190m IPO
Listing of kettle component manufacturer brings to an end a 12-year holding period for the GP
Dunedin reaps 2.8x multiple on Blackrock PM sale
GP has fully exited the business after a holding period of two years and four months
Disruptive Capital sells Gentoo for an expected 15x return
Sale is expected to complete in Q4 2017, following regulatory approval
Cross divests Micromacinazione to trade investor Lonza
Fund manager fully exits the Swiss micronisation business after a five-year holding period
Hannover Finanz sells Koller to Nanjing Nangang
Deal ends a three-year holding period for Hannover Finanz, which acquired a 75% stake in 2014