Exits
Rabo Capital looks to sell DORC
The private equity division of Rabobank, Rabo Capital, is planning to sell portfolio company Dutch Ophthalmic Research Centre (DORC).
MPVenture sells Sempla to GFT Technologies
MPVenture has divested its 80% stake in IT consultancy company Sempla to GFT Technologies, reaping a money multiple in excess of 2x.
CPE's Orège raises €20.1m in IPO
Orège, the French sludge treatment company backed by Climate Change Capital Private Equity (CPE) and Oraxys, has raised €20.1m in a flotation of 6.2 million new shares on the NYSE Euronext Paris, valuing the company at €57.7m.
ECI sells CliniSys to Montagu, reaps 2.5x return
ECI Partners has sold CliniSys, a provider of IT systems to the healthcare sector, to Montagu Private Equity, reaping a 2.5x money multiple on its investment.
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Dwell bought back by founder
Dwell, a UK-based furniture chain backed by Key Capital Partners that went into administration at the end of June, has been bought back by founder Aamir Ahmad.
ECI eyes £150m sale of CarTrawler
ECI Partners is preparing its Dublin-based portfolio company CarTrawler for a possible auction that could value the business at ТЃ150m, according to reports.
Private equity firms circle Card Factory
UK greetings card retail chain Card Factory, backed by Charterhouse Capital Partners, has attracted interest from Advent International, KKR and Clayton Dubilier & Rice.
Kelso's Nicole Farhi goes under
High-end fashion company Nicole Farhi, backed by Kelso Place, has gone into administration.
Terra Firma's Deutsche Annington holds off on IPO
German housing company Deutsche Annington Immobilien (DAI), which is backed by Terra Firma Capital Partners, has reportedly postponed its €1.1bn IPO on the Frankfurt Stock Exchange due to low investor demand.
Axa PE-backed Saur in debt-for-equity swap
Saur, a French water company backed by Axa Private Equity and sovereign wealth fund FSI, will be taken over by its lenders later this month.
Carlyle picks up Oaktree's Chesapeake
Carlyle has acquired packaging company Chesapeake from Irving Place Capital and Oaktree Capital Management.
MAIP exits Red Bee Media to Ericsson
Macquarie Advanced Investment Partners (MAIP) has sold UK-based media company Red Bee Media to Swedish communications technology company Ericsson.
IK sells off Dynea divisions
IK Investment Partnersт portfolio company Dynea Chemicals has sold its Norwegian division Dynea to Eltek Holding.
Albion exits Opta for £40m, reaps 3x money
Albion Ventures has divested its stake in London-based Opta, a provider of sports data and analysis, to trade player Perform Group for ТЃ40m, reaping a 3x money multiple.
Nord Holding exits Goebel
Nord Holding has sold German paper manufacturing business Goebel Schneid-und Wickelsysteme (Goebel) to engineering group IMS Deltamatic.
Frog divests GB Group
Frog Capital has sold its stake in AIM-listed GB Group, a software company specialising in ID verification.
CVC-backed Matas in €630m IPO
Matas, a Danish beauty products retailer backed by CVC, has listed on the Copenhagen stock exchange.
VC-backed Prosensa raises $78m in IPO
Dutch biotechnology company Prosensa Holding, which is backed by a consortium of venture capital firms, has listed on the Nasdaq Global Select Market in an IPO valuing the business at $408m.
Auriga reaps 33x multiple on Neolane exit
Auriga Partners has realised a substantial 33x money multiple on its exit from Paris-based Neolane to Adobe for $600m.
Bridgepoint offloads Permaswage for $600m
Bridgepoint has sold aerospace component business Permaswage to Precision Castparts Corp (PCC) for $600m.
Langholm nearing exit from Tyrrells
Langholm Capital, private equity owner of UK-based Tyrrells, is one step closer to selling the crisp maker for ТЃ100m as first round bids come to a close.
Abraaj Group acquires Fan Milk from Maj Invest
Abraaj Group has agreed to acquire Fan Milk International from the Emborg family, Maj Invest Equity and the management.
Charterhouse considers Elior IPO
Charterhouse is considering the flotation of French catering business Elior, due to a lack of bids for the company reaching the firm’s €4bn asking price, according to the Financial Times.