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Exits

HTGF exits Zim Plant Technology in trade sale

High-Tech Gründerfonds (HTGF) has sold its stake in irrigation sensor technology company Zimmermann Irrigation Monitoring Plant Technology (Zim) to Yaka, a producer of fertilisers.

  • DACH
  • 19 November 2013
21 Partners backs Synerlab

21 Partners has acquired Synerlab Group, a French drug manufacturing and packaging company, from Ardian in a management buyout.

  • France
  • 19 November 2013
Ardian and Consilium sell Rollon

Ardian and Consilium have sold Rollon, an Italian manufacturer of liner rails and actuators, to French GP Chequers Capital and Italian private equity firm IGI.

  • Southern Europe
  • 18 November 2013
H2 Equity Partners sells Eska

H2 Equity Partners has wholly divested Eska Graphic Board, a Dutch graphic boards manufacturer, to private investment firm Andlinger & Company.

  • Benelux
  • 18 November 2013
Ontario Teachers' Pension Plan to buy Burton's Biscuits

Ontario Teachers' Pension Plan has agreed to acquire UK-based Burton's Biscuits, which makes confectionery including Wagon Wheels and Jammie Dodgers, via its private equity arm Teachers' Private Capital.

  • UK / Ireland
  • 18 November 2013
Terra Firma reaps £234m in Infinis IPO

Terra Firma portfolio company Infinis Energy has listed on the London Stock Exchange in an IPO valuing the business at £780m.

  • UK / Ireland
  • 15 November 2013
Sun European Partners’ Bonmarché valued at £100m in IPO

Women’s clothing retailer Bonmarché, owned by Sun European Partners, has listed on the AIM with a market cap of £100m.

  • Exits
  • 15 November 2013
Buy-Out Central Europe sells Chemson Group

Buy-Out Central Europe has sold Chemson Group, an Austrian producer of polymer additives, to Ordu Yardımlaşma Kurumu Industry Group (OYAK).

  • DACH
  • 15 November 2013
3i continues focus on disposals

Listed private equity firm 3i is continuing to boost divestment activity, while new investments remain subdued, according to the firm's latest half-yearly results.

  • Exits
  • 14 November 2013
Sanitec confirms IPO plans

Sanitec, a Nordic bath and toilet maker owned by EQT, has announced its intention to list on the Stockholm Stock Exchange.

  • Nordics
  • 14 November 2013
VC-backed uniQure to float

Dutch gene therapy company uniQure, backed by several venture capital firms, has filed a confidential F-1 form with the US Securities and Exchange Commission (SEC) for a potential IPO.

  • Benelux
  • 14 November 2013
KKR and Permira to sell 16% stake in ProSiebenSat.1

Private equity houses KKR and Permira have announced the sale of a further 35 million shares in German media company ProSiebenSat.1.

  • DACH
  • 13 November 2013
Eurazeo to acquire Montefiore’s Asmodée

Eurazeo has entered exclusive talks to acquire French party games publisher and distributor Asmodée from Montefiore Investment for an enterprise value of €143m.

  • France
  • 13 November 2013
Average EBITDA multiple paid in European lower mid-cap deals
Lower mid-cap uptick bolsters valuations

Private equity buyers have been more bullish than their corporate counterparts on pricing in the third quarter, according to the latest Argos Mid-Market Index. Greg Gille reports

  • Buyouts
  • 13 November 2013
BPE sells Domilens to Odewald’s Polytech

BPE Unternehmensbeteiligungen has sold medical devices manufacturer Domilens to fellow private equity house Odewald & Compagnie’s Polytech Gruppe, a medical equipment supplier.

  • DACH
  • 13 November 2013
Beringea divests Espresso Group

Beringea has sold Espresso Group, a UK publisher of educational digital content, to US media company Discovery Communications for an estimated £15-20m.

  • Exits
  • 12 November 2013
Permira's Just Retirement valued at £1.1bn in IPO

Permira-backed Just Retirement has begun trading on the London Stock Exchange at £2.25 per share, giving the business a market cap of £1.125bn.

  • Exits
  • 12 November 2013
DFJ Esprit’s Oxford Immunotec to float

Oxford Immunotec Global, a UK-based medical diagnostics company, has filed with the US Security and Exchange Commission (SEC) for an IPO on the Nasdaq that would value the company at up to $245.4m.

  • UK / Ireland
  • 12 November 2013
Graphite sells Park Holidays to Caledonia for £172m

Graphite Capital has sold caravan park operator Park Holidays UK to listed trust Caledonia Investments for £172m.

  • Exits
  • 11 November 2013
Moncler divests sportswear business to Emerisque

PE-backed Moncler has sold Industries Sportswear Company to Emerisque Brands UK's Cavaliere Brands.

  • Southern Europe
  • 11 November 2013
KKR to reap up to €564m in Tarkett IPO

French flooring and sports surface maker Tarkett, backed by KKR, has set an indicative price range of €27.75-33.90 for its upcoming IPO on the NYSE Euronext Paris.

  • France
  • 11 November 2013
PE-backed GTS goes to Deutsche Telekom for €546m

Deutsche Telekom has bought GTS Central Europe, a telecommunications company backed by a consortium of private equity firms including Bessemer Venture Partners and Oak Investment Partners, for €546m.

  • CEE
  • 11 November 2013
Equistone makes 2.5x on sale of Allied Glass to CBPE

Equistone Partners Europe has sold Allied Glass back to previous owner CBPE Capital in a deal understood to be worth between £120-130m, generating a money multiple in excess of 2.5x.

  • Buyouts
  • 11 November 2013
Numericable raises €652m in IPO

Cinven- and Carlyle-backed Numericable has made its debut on the NYSE Euronext Paris with a €3bn market cap.

  • France
  • 08 November 2013
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