Exits
PHD scores 9.2x on Liberty Services exit
PHD Equity Partners has generated a 9.2x money multiple and a 70.4% IRR on its sale of Liberty Services to Capita.
Liberty Global enters race for Ono
Liberty Global is thought to have entered talks for private equity-backed Spanish broadband operator Ono, with rival interest from Vodafone.
SEP sells ControlCircle to Alternative Networks
Scottish Equity Partners (SEP) has sold hosting and cloud-based services provider ControlCircle to Alternative Networks for £39.4m.
BaltCap exits Primekss
BaltCap has sold its entire stake in Primekss, a Latvian industrial flooring specialist.
Premier Foods toasts Hovis sale
Warburg Pincus-backed Premier Foods has sold its bread business, Hovis, to US private equity firm The Gores Group in a deal valuing the division at £87.5m.
HgCapital becomes fifth PE backer of Zenith
HgCapital has acquired car rental company Zenith Vehicle Contracts Group from Morgan Stanley Global Private Equity (MSPE).
VC-backed Egalet files $45.5m IPO
UK-based pharma company Egalet, backed by a consortium of venture capital firms, is seeking to raise up to $45.5m in its IPO on the Nasdaq.
Invision and Hypo cut razor deal
Invision Private Equity and Hypo Equity have sold German razor blade manufacturer Feintechnik to US corporate ADKM.
Segulah acquires KP Components
Segulah has agreed to acquire Danish metal components provider KP Components.
Omnes divests Emalec in management buy-back
Omnes Capital has sold its stake in Emalec Développement, a French multi-site maintenance specialist, to the company’s management, which now has full control of the business.
Deal in Focus: Isis exits Kafevend to trade
Isis Equity Partners’ sale of coffee vending machine company Kafevend to Eden Springs highlights the importance of diversification and flexibility from consumer to contract in the B2B drinks market.
Electra buys Hotter Shoes from Gresham
Electra Partners has acquired a majority stake in the secondary buyout of UK shoe manufacturer Hotter Shoes from Gresham Private Equity.
KKR and Permira fully exit ProSiebenSat.1
KKR and Permira have fully exited German media company ProSiebenSat.1, selling their remaining 17% stake, valued in the region of €1-1.3bn.
Investcorp sells TDX for £200m
Investcorp has sold debt placement service company TDX Group to NYSE-listed Equifax for £200m.
GCP divests Eldapoint
Growth Capital Partners (GCP) has sold Eldapoint to a2e Venture Catalysts through a re-engineered secondary buyout.
HgCapital to list Manx Telecom on AIM
HgCapital has appointed Liberum Capital and Oakley Capital to prepare for an AIM listing of Isle of Man telecoms group Manx Telecom.
IK’s Attendo rumoured to list this year
IK Investment Partners could list Swedish elderly care provider Attendo on the Stockholm exchange this year, according to media reports.
Chequers acquires ISS division
Mid-cap GP Chequers Capital has acquired ISS Espaces Verts, the French landscaping division of EQT portfolio company ISS.
Permira, Ardian take first steps towards eDreams IPO
Permira and Ardian are considering an initial public offering of online travel company eDreams Odigeo this year in Madrid.
UK Watch: 2013 goes out with a bang
A strong final quarter for 2013 saw deal volume and overall value hold up well across the board in the UK, showing a marked improvement on the first quarter of the year, according to the latest unquote” UK Watch, published in association with Corbett...
NVM nets 3.6x return on e-know sale
NVM Private Equity has sold IT services firm e-know.net to AIM-listed cloud computing provider Nasstar for £13m.
Enterprise Investors and Intel sell Siveco back to management
Enterprise Investors and Intel Capital have sold Romanian software company Siveco Romania back to its management.
Pembroke et al. buy Boat International Media from August Equity
An investment consortium led by Pembroke Venture Capital Trust has acquired publishing and events group Boat International Media from August Equity.