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Exits

Astorg to buy Kerneos
Astorg sells Kerneos to Imerys for €880m

Entreprise value represents an 8.8x EBITDA multiple and is expected to close in summer 2017

  • Exits
  • 13 December 2016
Cosmetics displays and retail
MBO Partenaires takes 70% stake in Cosmogen

GP first acquired a 51% stake in Cosmogen's parent group Alkos in 2014

  • Buyouts
  • 12 December 2016
Veterinary clinics
EQT to acquire Independent Vetcare from Summit

Deal follows a two-year holding period for Summit and comes two years after EQT acquired Evidensia

  • Buyouts
  • 12 December 2016
Clinical trials and biotechnology
Apax Partners buys Unilabs from Nordic Capital and Apax Partners France

As part of the deal, Nordic Capital and Apax Partners France fully exited the business

  • Buyouts
  • 12 December 2016
Sexual health clinics and care
Maven makes 9x on Regent Pacific/Plethora exit

Scottish GP Maven Capital Partners has made 9x money on its investment in London-based premature-ejaculation-focused pharmaceuticals company Regent Pacific, after a full exit.

  • Exits
  • 12 December 2016
Medical software
SEP and Albion Ventures exit Exco InTouch

Venture capital firms originally invested in the company in 2011 and 2014 respectively

  • Exits
  • 09 December 2016
Fixed-line and portable telecommunications equipment
Quaestus sells Metronet to Telekom Austria

Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period

  • Exits
  • 09 December 2016
Conservatories
CVC in exclusivity over acquisition of Advent's Corialis

Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition

  • Buyouts
  • 09 December 2016
Cleaning products and detergents
SVP partially exits Jeyes to Henkel

GP sells Jeyes, Parozone and Bloo brands to trade buyer after five-year tenutre, but retains control of Easy

  • Exits
  • 09 December 2016
Automotive wiring and electronics parts
DBAG buys Dieter Braun from Seafort

GP acquired its stake via the DBAG Fund VI vehicle, which reached a €700m final close in 2012

  • Buyouts
  • 08 December 2016
Gas and electric utilities companies
KKR acquires Infracapital's Calvin

Energy-focused financing company has grown by securing contracts to support smart meter installation

  • Exits
  • 07 December 2016
Website design and hosting services
Cinven sells HEG to GoDaddy in €1.69bn deal

Deal sees €605m returned to vendors and values web services provider at 11x its 2016 EBITDA

  • Exits
  • 07 December 2016
High yield bonds unlikely to replace CLOs for LBO financing
Enterprise sells €12.5m Skarbiec share block

Partial sale comes two years after the asset management business was listed in Warsaw

  • Exits
  • 07 December 2016
The Skygarden bar at 20 Fenchurch Street
ECI reaps 3x on sale of Rhubarb to Livingbridge

Deal for luxury catering company marks the first investment by Livingbridge's sixth fund

  • Exits
  • 06 December 2016
KIS manufactures plastic boxes and containers
BC-backed Keter buys ABM Italia from Clessidra at c€400m EV

Clessidra reaped a 3x money return following a 17-month holding period

  • Portfolio management
  • 06 December 2016
Video content hubs and portals
Seventure sells MinuteBuzz shares to TF1

French media group TF1 has acquired a shareholding of more than 50% in the group

  • Exits
  • 06 December 2016
Wind farms and turbine components
Polaris in €91m Avanti Wind trade sale

Exit by Danish GP was made to listed Swedish industrial business Alimak Group

  • Exits
  • 06 December 2016
Shipping and support services
Advent acquires V Group from Omers PE

Divestment of shipping management and support company marks the first European exit for Omers PE

  • Exits
  • 06 December 2016
Oat milks
Industrifonden partially exits Oatly to Verlinvest

State-backed Swedish VC sells stake to Belgian and Chinese investors 14 years after backing Oatly

  • Exits
  • 05 December 2016
Brioche for breakfast
CM-CIC Investissement takes over La Croissanterie

CM-CIC takes over the majority stake acquired by Pragma Capital in 2006

  • Buyouts
  • 02 December 2016
Office software and communication tools
EQT reaps 3.2x on Automic sale

GP exits the company after a four-year holding period in a deal valuing the business at €600m

  • Exits
  • 02 December 2016
Coloured plastics
Maven reaps 5x on £23.3m Nenplas sale to Surteco

Exit comes four years after the plastic extrusion company demerged from its tile accessories division

  • Exits
  • 02 December 2016
Audiobooks and education companies
Innova ups IRR to 60% on final Wirtualna Polska exit

GP completes full exit three years after initial investment in WP Group

  • Exits
  • 02 December 2016
Vineyards and alcohol retailers
Ratos-owned Arcus lists in NOK 2.9bn Oslo IPO

GP’s ownership stake will be reduced to 20.7% provided the overallotment option is used

  • Exits
  • 01 December 2016
144 145 146
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