Exits
Naxicap buys BVA from Montefiore
Montefiore Investment acquired a 51% stake in BVA in 2013, investing through its third €240m fund
HgCapital sells Zitcom Group via trade sale
Deal is the second exit for the GP's Mercury Fund, which has returned 40% of capital to date
Deal in Focus: Starwood, L Catterton exit Baccarat in €164m deal
Starwood has been invested in the crystal glassware maker for 12 years, while L Catterton first backed the company in 2012
Pragma and Gimv exit Leyton & Associés
Pragma Capital and Gimv became shareholders in Leyton & Associés in 2009 when they backed the company's second MBO
Ardian sells Clip Industrie to Forterro
Ardian took a 15% stake in the company in 2013 through its Ardian Growth arm
Better Capital reaps 7x on £326m Gardner sale to SLMR
Aerospace components manufacturer was the GP's maiden investment and generated £254.1m in net proceeds
Wise sells further 2.4% stake in Openjobmetis
Following the transaction, the GP will still retain a 2.55% holding in the listed Italian business
Segulah exits Øglænd Industrier via trade sale
GP has fully exited its holding in the business after a two-year ownership period
Intera-backed Silmäasema raises €35m in IPO
Company will raise €35m from the offering, while the sellers, including Intera, will reap €30m
Ardian sells majority stake in Irca to Carlyle
Ardian became Irca's majority owner in 2015, backing the company's MBO with a €230m investment
LDC sells Clifford Thames to US trade buyer
Business will be acquired by OEConnection Holdings, a US-based e-commerce technology group
Enterprise Investors' CEDG further divests from Kofola
CEE-focused private equity firm reduces its stake from 37.3% to 21%
Carlyle-backed Comdata buys Izium from IK Investment Partners
Deal sees Izium's minority holder IK Investment Partners and the company founder fully exit the asset
Eurazeo PME to acquire 80% of In'Tech Medical for €78m
Eurazeo is taking over from TCR Capital, which had secured a majority stake in In'Tech in 2012
Enterprise Investors completes exit of PBKM
Following the initial float, the GP has fully exited the asset after an eight-year holding period
VCs exit Propertybase to Boston Logic
Neuhaus Partners, HTGF, Bayern Kapital and BayBG all report a successful exit from the investment
PAI to sell DomusVi to ICG and SRS
GP will fully exit the investment to ICG and SRS after three years of ownership
Ardian buys Dynamic Technologies
Ardian will acquire control of the business through its North America Fund II
EQT sells stake in Swiss Smile to Jacobs Holding
Swiss Smile has nearly doubled its revenues from CHF 3.9bn under EQT's stewardship
CD&R, SSA sell 12.5% stake in B&M for £454.3m
Following the partial divestment, CD&R will retain a 4.9% stake in the discount retailer
ACG Management and Capelia exit Brevet Carrosserie
ACG and Capelia invested in the company in 2009, providing €2.6m for a management buy-in
Apax's Evry sets IPO price range
Following the initial take-private, the GP aims to float the asset after a two-year holding period
Endless sells Imtech UK & Ireland to EDF
Sale of technical services business comes less than two years after its acquisition by the GP
Nordic Capital and Avista in partial exit for ConvaTec
Sale is understood to have generated £805m in gross proceeds for the private equity owners