Exits
Polaris mandates EY to exit Det Danske Madhus
Formal sale launch is expected once updated financial figures for the Danish catering company are in
TA Associates prepares Odealim for H2 exit
Lazard is likely to be mandated for the sale of the French insurance brokerage firm
Baird sells Nigel Wright majority stake to management
Baird will retain minority stakes in the recruitment firm, having first acquired it in 2010
Blackstone weighs sale of casino operator JOA Groupe
Discussions were prompted by inbound proposals from trade players
Omers' Trescal to hit auction block in H2 2022
DC advisory will guide the French calibration services specialist in its upcoming sale
Investcorp explores Georg Jensen sale; FIH Partners mandated
Potential buyers for the luxury goods brand have started to be contacted ahead of a formal auction process launch
Synova sells majority stake in Mintec to Five Arrows
Synova reaps 12x invested capital and will reinvest in the company for a minority stake
Tenzing taps Raymond James for CItNow exit
Auction of the car-dealership video communication tool is expected to launch later this year
Abris exits Patent Co to trade
Sale to Raiffeisen Ware Austria ends Abris's six-year investment period in the animal feed company
Carlyle sells Cupa Group to Brookfield
GP bought the natural slate producer in 2016 for EUR 170m; it is now reportedly valued at EUR 900m
Primary Capital exits Readypower in trade sale
Readypower was acquired in a management buyout in 2017
Karmijn-backed Marlies Dekkers advised by Deloitte on exit
Karmijn took a majority shareholding in the then-insolvent designer lingerie company in 2013
Montagu gears up for Arkopharma exit
Auction process for the food supplement company is expected to take place in H2 2022
Cinven acquires Vitruvian-backed International Financial Group
Isle of Man-based insurance group comprises Ardan International, RL360 and Friends Provident International
Pinova buys Sematell from IMCap
Small-cap technology investor IMCap bought Sematell in a carve-out from Attensity in 2015
Epiris acquires LDC-backed water pumps manufacturer Stuart Turner
Acquisition of the Oxfordshire-based company is the ninth investment made from Epiris Fund II
Silverfleet's Care Fertility nears sale to Nordic Capital
Bid is expected to draw a line under a competitive auction that was launched in December 2021
Highland, HPE Growth-backed WeTransfer shelve IPO plans
Decision made to halt an initial public offering as a result of volatile market conditions
21 Invest sells LV Overseas to MML, BPI France in SBO
LV Overseas' management team will reinvest alongside MML Capital and BPI France
Bridgepoint sells Element to Temasek for 3.7x money, 30% IRR
Testing, inspection and certification company is reportedly valued at USD 7bn in the sale to Temasek
Bowmark sells Leaders Romans to Platinum Equity
Bowmark formed the property services group via the merger of Leaders and Romans in 2016
ECI exits KB Associates to Waystone for 3.7x
Montagu has recently taken control of the Waystone Group
Conaxess Trade Group owner Aurelius taps Danske Bank for exit
Auction of the Danish distributor of fast-moving consumer goods is expected to launch later this spring
MML exits Waystone to Montagu, Hg for 11x money
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI