Exits
Countrywide backers in £200m partial sale
Two backers of listed UK estate agent Countrywide, Oaktree Capital Management and Apollo Management, have sold approximately £200m of their shares on the LSE.
Star Capital sells Alloheim to Carlyle for €180m
Star Capital has sold Alloheim Senioren-Residenzen, a provider of residential care for elderly people in Germany, to fellow private equity house Carlyle for €180m.
German GPs cautious on venture
Kreditanstalt für Wiederaufbau (KfW) and BVK, the German private equity and venture capital association, have published a survey revealing decreased confidence in early-stage investments from local deal-doers in Q2.
Dunedin achieves 2.8x return on Practice Plan exit
Dunedin has sold dental membership business Practice Plan Group to Wesleyan Assurance Society, generating a 2.8x return on its investment.
Bregal buys proAlpha from Beaufort Capital
Bregal Capital has bought a majority stake in excess of 70% in proAlpha, a manufacturer of enterprise-resource-planning (ERP) software.
Rocket Internet exits Zalando
Start-up incubator Rocket Internet has transferred its stake in online fashion retailer Zalando to Swedish investment company Kinnevik.
eCapital et al. sell Novaled for €260m
eCapital Entrepreneurial Partners and other backers have sold 40% of organic light-emitting diode (OLED) specialist Novaled to Samsung Electronics, as well as a further 50% of the business to its subsidiary Cheil Industries, in a transaction valued at...
CVC acquires Domestic & General from Advent
CVC has agreed to buy insurance business Domestic & General (D&G) from Advent International, alongside management.
Exit focus: Italy's Ambienta reaps three-digit IRR
Exit focus: Tower Light
Exit focus: Italy's Ambienta reaps three-digit IRR
Exit focus: Tower Light
Finatem buys 40% stake in FMW Industrieanlagenbau
Finatem has bought a 40% stake in FMW, an Austrian manufacturer of industrial plants, from private equity house Hannover Finanz and FMW’s management.
Whitworths set for tertiary deal
Food company Whitworths looks set to fall into the hands of a third private equity owner as current backer European Capital seeks an exit.
Alchemy offloads Cathedral for £266m
Private equity firm Alchemy Partners has divested Lloyd's of London underwriter Cathedral Capital to Lancashire Holdings for £266m.
Riverside exits Capol
Riverside Company has sold Capol, a German confectionery coating specialist, to Freudenberg Chemical Specialities.
Caledonia buys Choice Care from Sovereign
Caledonia Investments has acquired UK–based Choice Care Homes from Sovereign Capital for £86m.
Duke Street’s Payzone Group sells Cashzone subsidiary
Payzone Group, a consumer payment acceptance network backed by Duke Street, has sold its Cashzone subsidiary to US-based ATM services provider Cardtronics for a total consideration of £107.5m.
Eurazeo et al sell more Rexel shares for €525m
Rexel shareholders, including Eurazeo, have divested a further 28.8 million shares, approximately equivalent to a 10% stake, for €525m.
MCH sells Industrias el Gamo in secondary buyout
MCH Private Equity has sold airgun manufacturer Industrias el Gamo to US private equity house Bruckmann, Rosser, Sherrill & Co.
Graphite Capital exits Willowbrook
Graphite Capital has sold its majority stake in Willowbrook Healthcare, an owner of care homes for the elderly, to the company's management.
LDC sells Avelo for £210m
LDC has sold financial services software company Avelo to Iress, an Australian financial services technology specialist, for £210m.
CVC set to buy Advent's Domestic & General
CVC has entered exclusive talks with Advent International to buy insurance business Domestic & General, according to reports.
CVC sells Colomer Group to Revlon
CVC has sold The Colomer Group to Revlon Consumer Products Corporation for $660m after a 13-year holding period.
VC-backed Profibrix sold to big pharma
Index Ventures, Gilde Healthcare Partners, Vesalius Biocapital and Inkef Capital have sold Dutch biotech firm Profibrix to The Medicines Company for a total consideration of $240m.
Benelux exit market lifts
Benelux