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Exits

Mousetraps and other pest control products
LDC backs SBO of Pelsis from Wind Point

Deal for pest control business brings to an end a 12-year tenure for the US-based vendor

  • Buyouts
  • 31 August 2017
Dry cleaning services and supplies
Bridgepoint in running for 5àSec deal

If it goes ahead, the deal would mark the fifth PE ownership change for the dry cleaning business

  • Buyouts
  • 31 August 2017
Lampe Berger makes perfumes and diffusers for the home
Argos Soditic buys Lampe Berger in SBO

Deal seals the end of a 10-year holding period for Azulis Capital, which acquired the asset in 2007

  • Buyouts
  • 30 August 2017
Electrician training and apprenticeships
Indufin sells Preflex Group to Wienerberger

Sale ends a 12-year holding period after a management buy-in worth around €10m in 2005

  • Exits
  • 30 August 2017
Vaccines and injections
Gilde sells Viroclinics to Parcom Capital

Gilde sells the Dutch contract research organisation after a four-year holding period

  • Buyouts
  • 29 August 2017
Intellectual property lawyers and services
Cinven to sell CPA Global to Leonard Green & Partners

Deal reportedly values the Jersey-based intellectual property company at £2.4bn

  • Exits
  • 29 August 2017
Pensioners' services and life insurance
TDR Capital sells Retirement Advantage via trade sale

GP has fully exited its holding in the financial services group after a four-year holding period

  • Exits
  • 25 August 2017
Engines and auto parts
Capvis buys engine insulation business Thermamax

Capvis will draw equity from Capvis Equity IV, which held a final close on €720m in 2014

  • Buyouts
  • 24 August 2017
Carbon fibre materials
HTGF, MBG sell majority stake in Compositence to GON

ZFHN Zukunftsfonds Heilbronn also sold its stake in the company after investing in 2013

  • Exits
  • 22 August 2017
Insurtech services and software
HgCapital sells Sequel for £250m

GP has fully exited its stake in the business after a three-year holding period

  • Exits
  • 22 August 2017
An airplane propulsion system
Exponent sells Pattonair stake to Platinum Equity

Sale of aerospace and defence components supplier brings to an end a six-year holding period

  • Buyouts
  • 22 August 2017
Barcode labels for warehouse organisation
Mentha mulling Optimum sale

Mentha Capital took a majority stake in Optimum in 2014, investing from Mentha Capital Fund IV

  • Exits
  • 21 August 2017
Cosmetics and perfumes
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

  • Exits
  • 21 August 2017
Home cooking with fresh ingredients
YFM divests Harvey Jones to AIB

Sale of stake in kitchen designer and retailer generates around 2x money multiple for the vendor

  • Exits
  • 18 August 2017
Video conferencing and VOIP cloud systems
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

  • Exits
  • 18 August 2017
Lithium batteries and custom cells
HTGF, IFH sell Custom Cells to P3 Group

Altana also made a financial exit but will continue to cooperate with Custom Cells operationally

  • Exits
  • 18 August 2017
Oil rigs and offshore platforms
Mentha Capital exits Venko Groep

Mentha sells the Dutch business to Clayton Dubilier & Rice portfolio company BrandSafway

  • Exits
  • 17 August 2017
Car wash services
TDR sells ICWG to Roark Capital

Deal for automated carwash business brings to an end a three-year holding period for the GP

  • Buyouts
  • 17 August 2017
IT engineers and telecommunications infrastructure
Cornerstone sells Infoniqa SQL back to management

Deal ends a five-year holding period for Cornerstone, which acquired Infoniqa SQL in 2012

  • Exits
  • 16 August 2017
Average holding periods for exited buyouts
European holding periods continue return to five-year mark

Offloading of pre-crisis baggage and more quick flips are bringing investment periods down, according to unquote" statistics

  • Exits
  • 16 August 2017
Eye shadow and other beauty products
Rocket Internet et al. sell Glossybox to PE-backed Hut Group

Rocket Internet was the largest shareholder prior to the transaction, followed by Kinnevik

  • Exits
  • 15 August 2017
Facebook and other social media software
BM-T sells Fayteq to Facebook

Consortium of business angels led by Cornelius Boersch also held a stake in the company

  • Exits
  • 15 August 2017
Debit and credit cards and other payment services
VC backers sell Savedo to Deposit Solutions

Investors include Finleap, DVH Ventures, German Startups Group, Kreos Capital and XAnge Private Equity

  • Exits
  • 15 August 2017
Hospitals and healthcare
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

  • Exits
  • 15 August 2017
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