Exits
Accel-KKR's ESG buys Utiligroup from NorthEdge
Accel-KKR portfolio company Energy Services Group (ESG) has bought UK-based software and IT services company Utiligroup from NorthEdge Capital.
BC's Elysium acquires Badby from Patron
BC Partners bought 22 mental health facilities in the UK, formerly part of Priory Group, in November
Phoenix sells Key Retirement to Partners Group for £200m
New funding will be used to expand the companyтs distribution capacity and drive product innovation
NorthEdge completes Fine Industries trade sale, scores 2.5x return
NorthEdge secures a 2.5x return on the chemicals business after a three-year holding period
Pamplona sells further 33% of OGF to Teachers' Private Capital
Pamplona, which first acquired the group in 2013, had already sold a 41% stake to OTTP in 2015
LBO France to take over HMY Group
Sagard became majority shareholder in HMY Group in 2005, acquiring the company for €340m
Ecapital and IBB sell Geo-En to GASAG
Acquisition of Geo-En provides a strategic expansion into energy services for GASAG
H2 Equity Partners sells Hancocks to Innovative Bites for £100m
Sale of confectionary wholesaler follows a holding period of four and a half years
Milestone Partners exits Quintus Technologies in $115m trade sale
The acquirer is Tokyo-based industrial group Kobe Steel, which will operate Quintus as a subsidiary
Capitem Partenaires exits Planett
Capitem Partenaires acquired a majority stake in Planett in 2015 through an MBO
ZFHN exits Dataglobal in MBO
Management buyout is being led by CEO Wolfgang Munz, who originally founded the company in 1992
HTGF et al. sell Symetis to Boston Scientific for $435m
Companies have developed complementary heart valve technologies
ArchiMed makes 400% IRR on HIS exit
Transaction marks the first exit for ArchiMed's maiden fund Med 1, closed on €350m in 2015
Naxicap buys Findis from Activa et al.
Naxicap’s takeover marks the third LBO for Findis, with previous owners including Activa and Abénex
Mediterrania Capital Partners et al. Sell Grupo San Jose & Lopez
GPs fully exit the Spanish transportation business after a four-year ownership period
Better Capital-backed Jaeger enters administration
Development comes a week after the GP reportedly sold the retailer's debt to Edinburgh Woollen Mill
Tikehau Capital sells Ecotel Chomette Favor stake to Naxicap Partners
Naxicap Partners took over from Weinberg Capital Partners as majority shareholder in ECF last year
NVM makes 3.1x on Optilan exit to Blue Water Energy
British oil, gas and energy focused private equity firm is acquiring the Coventry-based telecoms business
Epiris sells remaining 17.8% stake in Hollywood Bowl
Final exit from tenpin bowling company generated a 3.9x multiple and a 92% IRR for the GP
3i invests €200m for majority stake in Hans Anders
Optical retailer was bought by Alpha Private Equity and Alpinvest in 2011 for an estimated €230m
Kennet and Eight Roads sell Rivo to Genstar's Sphera
Sale of risk management software provider follows a four-year holding period for the VCs
Aurica Capital backs Flex's SBO from Artá Capital
Spanish PE house Artá has reaped 3.3x returns on its initial investment with a 22% IRR
IK's Actic in SEK 803m IPO
The stock listed at a share price of SEK 50.50 apiece, valuing its outstanding shares at SEK 803m
Intersaction backs PQR and 2ML merger
Gilde started supporting PQR in 1998, when it injected €17.92m into the group, thereby acquiring a minority stake