Exits
Intera-backed Silmäasema IPO oversubscribed multiple times
Silmäasema announced a price range of €6.20-7.20 on 26 May, implying a market cap of €92-105m
Delivery Hero announces intention to float
Company will target gross proceeds of around €450m from the sale of newly issued shares after costs
Fortune Fountain Capital acquires Baccarat for €164m
China-based family office FFC is acquiring around 88.8% of Euronext-listed entity Baccarat
LDC reaps 3.3x in sale of A-Gas to KKR
Refrigeration gas business has undertaken an acquisitive growth strategy under the vendor's tenure
PE-backed Camping and Co merges with Campsy
Newfund Capital first backed Camping and Co in 2010 via a €500,000 seed round, and was later joined by Otium Capital
Siparex, EdRip back Minafin
Company CEO and founder Frédéric Gauchet stays in control of the business following the deal
HgCapital exits The Parts Alliance in £205m trade sale
Sale delivers a 2x investment multiple and 19% gross IRR after five years of ownership
Afinum sells Alfmeier stake to Elber
Turnover increased by 35% to €269.9m and EBIT quadrupled to €16.9m since Afinum's investment in 2012
G Square sells Mikeva for €150m
Paris-based private equity firm fully exits the asset after a five-year holding period
Idinvest sells eRepublik via trade sale
Deal sees the GP fully exiting its holding after a nine-year ownership period
NPM Capital sells Samenwerkende to trade
GP sells its holding in the Dutch dental practices chain after six years of ownership
AAC Capital Partners exits Baarsma Wine Group
AAC Capital Partners acquired a majority stake in Baarsma in 2007 from the founders and a pool of banks
NVM divests Kirton to NorthEdge's Direct Healthcare
Acquisition of the medical seating company is the second bolt-on made by Direct Healthcare under NorthEdge
Norvestor sells Abax to Investcorp after five-year holding
Deal is the third exit for Norvestor's sixth fund, which has made 11 mid-market investments
LDC exits UK2 Group to The Hut Group
Sale of server and hosting business to the trade buyer follows a six-year holding period
FII sells Antares back to founders
After five years of PE support, the business reverts to complete control by its founders
EQT exits Roeser after seven-year holding period
PE house sells the German distributor of medical supplies to private hospital firm Sana Kliniken
HTGF, Kima exit eWings.com in trade sale
Hogg Robinson Group enters into an agreement to acquire the digital business-travel service
Deal in Focus: Quadriga Capital sells M&R to PIA
Vendor sells its majority stake in the automation business after a holding period of less than two and a half years
Sioen acquires AAC's James Dewhurst for £44m
AAC had been backing James Dewhurst since 2008, when it acquired a majority stake in the group
VC-backed Supercell acquires Space Ape Games
Deal will mean an exit for a number of Space Ape backers, including Accel and Northzone
Montefiore Investment buys QCNS Cruise from Duke Street
Duke Street acquired a majority stake in QCNS Cruise in 2011, with Kings Park Capital as co-investor
NPM's De Boer Structures to be acquired by Gilde's Losberger
NPM Capital acquired De Boer from 3i and the De Boer family in 2005
Igi, Finint sell Vimec via trade sale
Deal is the first divestment for Igi's vehicle, Igi Investimenti 5, and the third for Finint's NEIP III