Exits
Alto reaps 3x money on Rancilio sale
Alto Partners has sold its minority stake in Italian espresso machine maker Rancilio Group to Ali Group, a global catering equipment firm.
VC-backed Criteo to raise $176m in IPO
French advertisement targeting company Criteo, backed by several venture capital firms, plans on raising $176m in its upcoming flotation on Nasdaq, valuing the company in the region of $1.5bn.
Zalando said to mull IPO
Private equity-backed online shopping platform Zalando is considering a flotation, according to local press reports.
Exponent’s Ambassador attracts private equity suitors
Exponent Private Equity-backed Ambassador Theatre Group is reportedly on the block and has attracted high-profile suitors including BC Partners, Blackstone and Carlyle.
Equistone nears Européenne des Desserts SBO
Equistone Partners is set to acquire French desserts maker Européenne des Desserts from Azulis Capital and Céréa Partenaire, according to reports in the local press.
Private equity eager to cash in on real estate bubble
The much-debated property bubble has economists worrying over soaring inflation rates. However, for the buyout community, a rush of first-time buyers and a flood of foreign money has those supporting the property industry licking their lips in anticipation....
Advent exits Oxea in trade sale
Advent International has divested German chemical manufacturer Oxea in a trade sale, said to be worth around €1.8bn, to Oman Oil Company (OOC).
KKR mulls ATU exit
KKR is planning to divest its struggling portfolio company Auto-Teile Unger (ATU), according to reports.
Apax buys Rhiag-Inter from Alpha
Apax Partners has acquired Italian automotive parts distributor Rhiag-Inter Auto Parts Italia from Alpha.
Electra sells Lil-lets to Premier Foods
Electra Partners has sold its stake in UK-based feminine hygiene brand Lil-lets Group to Premier Foods.
Doughty's Quirón buys Teknon from Magnum
Magnum Industrial Partners has sold Barcelona-based private medical clinic Centro Médico Teknon to Grupo Hospitalario Quirón, backed by Doughty Hanson, for €225m.
Fondo Strategico buys Ansaldo Energia
Italian state-supported fund Fondo Strategico Italiano has acquired 84.55% of Ansaldo Energia in a deal that values the firm at more than €1bn.
3TS sells Avangate to Francisco Partners
CEE technology investor 3TS Capital Partners has sold its stake in Romanian software business Avangate to US VC Francisco Partners.
Cipio exits eMaze in management buy-back
Cipio Partners has sold security services and software company eMaze to the firm's management.
Private equity backers consider Sisal flotation
Apax, Permira and Clessidra are exploring the potential listing of gaming group Sisal this year, according to the Financial Times.
Inflexion buys On the Beach from Isis for £73m
Inflexion Private Equity has acquired online travel agent On the Beach in a £73m secondary buyout from Isis Equity Partners.
PE backers mull Ceva Santé Animale sale
French veterinary laboratory Ceva Santé Animale, backed by Nixen, Euromezzanine and Sagard, has mandated Lazard to explore the possibility of a sale in the first half of 2014.
KKR-backed Tarkett to float
French flooring and sports surface maker Tarkett, backed by KKR, has announced its plans to float on the NYSE Euronext Paris.
Brockhaus exits ATT Systems in trade sale
Brockhaus Private Equity has sold Advanced Temperature Test Systems (ATT) to Cascade Microtech for €8.4m.
Warburg-backed Poundland considers IPO
Following a 15.6% underlying earnings boost, Warburg Pincus-backed Poundland is reported to be mulling an IPO.
Bridgepoint bites into Dr Gerard
Bridgepoint has bought Polish biscuit maker Dr Gerard from French firm Group Poult, backed by LBO France.
EQT mulling Sanitec IPO
EQT is reportedly mulling a listing on the Stockholm Stock Exchange for Sanitec, a Nordic bath and toilet maker.
Constellation sells Häsler in management buy-back
Constellation has sold heating systems manufacturer Häsler Group in a management buy-back, reaping a 2.6x money multiple.