Exits
EdRip in partial exit from Europ Net
Luxury cleaning company also benefits from a refinancing operation as part of the deal
Charlesbank to acquire Polyconcept from Investcorp
Investcorp led the €440m SBO of Polyconcept in 2005, taking over from BC Partners
LDC generates 2.6x multiple on Waterfall exit to Elior
Sale of the catering business results in IRR of 81% after a 19-month tenure
Fondo Italiano sells Caronte & Tourist stake
Italian fund-of-funds has sold its 10% stake in the business after a five-year holding period
ETF Partners exits Enablon in €250m deal
Exiting GP had invested €10.4m of growth capital in the group in 2011
Investindustrial sells jewellery manufacturer Stroili
Sellers include minority stakeholders 21 Investimenti, Wise, Ergon and NB Renaissance
Vitruvian exits Inspired Gaming to US buyer in £200m deal
Listed US holding company Hydra will use the business as a buy-and-build platform
LBO France to start receiving offers for Consolis in October
Concrete elements manufacturer has been in the portfolio of LBO France for close to 10 years
Gilde buys Losberger from HIG
HIG’s exit comes five years after the GP acquired the German tent and hall maker in an MBO
Nord Capital, IRD acquire Gaz Service from Neothermie
GPs acquire group from Milestone Capital, the majority shareholder since 2010
BWB Partners exits Qubiqa Logistics
BWB, previously Odin Equity Partners, exits legacy portfolio asset in trade sale
VC-backed GenSight Biologics raises €40m in IPO
Flotation on Euronext Paris gives the biotech a market cap of €149m
MCH and Explorer sell Nutricafés for €74.5m
Iberian GPs have sold their portfolio company after a 10-year holding period
Altor sells Navico, DMS to Goldman Sachs and reinvests
Swedish GP sells final assets in 2003 fund to GS Merchant Bank and Altor Fund IV
Ardian acquires Ionisos from Agilitas
Transaction marks fourth buyout of sterilisation group in space of 12 years
Astorg sells Metalor to Japanese buyer
Exit comes two weeks after Astorg closed its sixth buyout fund on €2.1bn
Terra Firma exits Odeon and UCI to AMC in £921m deal
US trade buyer states the "three-decade low" of sterling versus the dollar made the valuation "highly favourable"
Advent sells final Douglas asset Thalia
Business is believed to have been sold for in the region of €100-500m
Axcel buys SFK Leblanc from Maj Invest in consolidation play
Danish GP in quadruple acquisition of slaughterhouse machinery assets
XAnge, Turenne reap 2.4x on Conexance MD exit to WPP
Acquisition marks WPP's will to emphasise western Europe presence in post-Brexit context
Ardian buys 60% stake in Dedalus
Deal marks the sixth investment in the Italian mid-cap market for Ardian
Westbridge acquires ISG from RJD in £10.5m deal
Octopus Investments also took part in the SBO of the British IT company
Caledonia acquires Liberation from LGV in £118m deal
Acquirer will take a 98% stake in the pub business for £70.6m
Equistone acquires Camusat from MBO Partenaires
Exiting GP bought telecoms company in 2011 via an MBO, acquiring a minority stake