Exits
Kester doubles money on Chiltern sale
Kester Capital has sold its stake in clinical services business Chiltern, reaping a 2x money multiple and a 25% IRR.
Duke Street offloads UKWM
Duke Street Capital Partners has sold UKWM to AIM-listed Ashcourt Rowan in a deal valued at £14.25m.
HIG divests Europa to Bilfinger
HIG Europe has sold facilities management company Europa Support Services to German trade buyer Bilfinger, reaping a 4x multiple on its original investment.
Via Venture Partners exits ePocket
Via Venture Partners has sold mobile software developer ePocket Solutions to Norway-based Guard Systems.
Bregal’s Canopius attracts Japanese bid
Bregal Capital-owned Lloyd’s of London insurer Canopius Group has attracted a £600m offer from Sompo Japan Insurance.
Accent's Candyking cancels IPO
Accent Equity Partners’ Candyking has cancelled its planned IPO following Wednesday’s profit warning.
PE-backed PortAventura issues €420m bond
Spanish amusement park and tourist resort PortAventura, backed by Investindustrial and KKR, has issued a €420m senior secured high-yield bond.
CapMan Russia exits Russian Baltic Pork Invest
CapMan has sold its holding in pig farm operator Russian Baltic Pork Invest (RBPI) to Thailand-based Charoen Pokphand Foods.
GP focus: Palamon Capital Partners
Palamon in focus
Gimv partially exits Punch Powertrain
Gimv has divested 30% of its stake in Punch Powertrain, a Belgian manufacturer of auto parts, to Chinese private equity house New Horizon Capital.
Gilde sells Hofmann to Partners Group
Gilde Buy Out Partners has sold German catering company Hofmann Menü Manufaktur to Partners Group alongside Hofmann's management.
Equistone and LDC back MDNX deal
Hosting provider MDNX has acquired Easynet with backing from Equistone Partners Europe and LDC, providing an exit for Kelso Place Asset Management.
Moncler to trade at top end of price range
Italian luxury jacket maker Moncler, backed by Eurazeo, Carlyle and Progressio Investimenti, is to begin trading on Monday at the top end of its price range.
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
Candyking postpones IPO
Accent Equity Partners' Candyking had planned to start trading on the Stockholm stock exchange on Friday, but has had to postpone due to factory fires and currency issues.
CVC fully exits bpost
CVC Capital Partners has sold the remainder of its shares in Belgian postal service bpost, which listed on the NYSE Euronext Brussels earlier this year, for €580m.
FGPE et al. sell Qumas to Accelrys for $50m
Fidelity Growth Partners Europe (FGPE) and other backers have sold Qumas, an Ireland-based risk and compliance management company, to Nasdaq-listed software firm Accelrys.
Inveready sells Lucierna to VC-backed SmartBear
Spanish investor Inveready has divested enterprise application company Lucierna in a sale to SmartBear, a software company backed by US venture capital firm Insight Venture Partners.
HitecVision sells Stream for $260m
HitecVision and Converto Capital have agreed to sell Stream, a Norwegian oil & gas services company, to MRC Global.
Sanitec valued at SEK 6.1bn in IPO
Bathroom ceramics maker Sanitec started trading on Nasdaq OMX Stockholm today at SEK 61 per share, rising to SEK 64.75 in early trading.
Siparex makes 5x on Manuloc exit
Siparex has sold its stake in French logistics business Manuloc to existing backer CM-CIC Capital Finance after more than 10 years as a minority shareholder.
Kinnevik exits BillerudKorsnäs
Investment AB Kinnevik has sold its stake in renewable packaging material company BillerudKorsnäs to a number of Swedish institutions for SEK 3.7bn.
ICG refinances capiton's nora systems
Intermediate Capital Group (ICG) has refinanced nora systems, a building material manufacturer backed by private equity house capiton.
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.