Exits
Apax buys Ciprés Assurances from TA
Apax France closed its latest fund on its €1bn hard-cap in March
Advent in exclusivity over IPH acquisition from PAI
Following the proposed deal, IPH would merge with UK-based Advent portfolio company Brammer
Deal in Focus: EQT sells Bureau van Dijk to Moody's for €3bn
Under EQT's stewardship, Bureau van Dijk has grown significantly to revenues of €258m and EBITDA of €132m
Perusa buys ECM's steak house Maredo
GP backs the company’s tertiary buyout via its Perusa Partners Fund 2
EdRip sells Itesa to CM-CIC Investissements
EdRip had invested in Itesa via the €112m small-cap buyout and growth capital vehicle Cabestan Capital I
Talde fully exits Spanish telecoms firm Iberfibra
Following the sale of subsidiary Neo in 2015, the GP has now fully exited the asset
DBAG sells Schülerhilfe to Oakley
Oakley expects to commit approximately €42m to the equity investment through its Fund III vehicle
Bain's Bravissima fully exits Bravida
Accelerated bookbuilding process saw Bravissima sell its entire 15.48% remaining stake
VC-backed Eve Sleep in £140m IPO
Offering will enable memory foam mattress company to raise ТЃ35m on admission to trading on AIM
Epiris sells TechInsights to Oakley in final exit from Axio
Final "major realisation" from data and analytics group represents 5x multiple overall and 76% IRR
Equistone sells EuroAvionics to Hensoldt
Hensoldt is concentrated on security and defence aviation and will expand into the civil market
DBAG sells Formel D to 3i
3i will invest up to €247m initially but aims to reduce that to around €150m through co-investment
PE-backed Coin sells 12% stake in OVS
As a result of the deal, Coin has reduced its stake in the retail business from 42% to 30%
Ares sells Hillarys to Hunter Douglas in £300m deal
Vendor had previously taken part in a refinancing for the company and reportedly acquired it in 2016
FSN's Instalco to float with SEK 2.5bn market cap
At completion of the overallotment option, the GP will retain a 19.6% stake in the business
Quadriga sells M&R Automation to PIA
Acquisition will strengthen PIA's portfolio in the powertrain and e-mobility production segment
PAI enters exclusivity with Ergon for EliTech SBO
Ergon bought the medical equipment maker in 2010 in a deal valued at more than €100m
Inventure sells Beddit to Apple
Nordic early-stage VC firm sells its stake in the Finnish sleep monitoring sensor manufacturer
Apax France et al. sell down remaining stakes in GFI
Qatar-based Mannai Corporation will increase its holding in the French IT business from 51% to 95%
LBO France buys VetroElite from Gradiente
Deal saw the Italian mid-cap private equity house divest the asset after a four-year holding period
EMBL and Life Sciences Partners sell Luxendo to Bruker
Bruker will expand its portfolio with the addition of Luxendo's microscopes and intellectual property
HIG sells Brand Addition to Elysian
Acquirer takes a majority stake in the merchandising company, with HSBC and Beechbrook providing debt
Project A sells Minodes to Telefonica Next
Fifth exit from Project A's first fund, which held a final close on €80m in 2012
Nova Capital sells DirectorBank in management buy-back
Sale of executive recruitment firm brings to an end an 11-year tenure for the GP