Exits
Paine & Partners buys Scanbio from Verdane
Paine & Partners has acquired fish oil and protein concentrate producer Scanbio Marine Group from Scanbio AS, part-owned by Verdane Capital IV.
Former Barclays-owned Novem in talks about sale
Former Barclays Private Equity-owned automotive supplier Novem Group is reported to be placed on the market again.
Ventizz sells stake in vitronet
Ventizz Capital Partners has together with the company’s management sold a 15% stake in broadband network specialist vitronet to RWE Deutschland.
PE-backed Afflelou mulls over IPO
French optician Alain Afflelou, a portfolio company of Bridgepoint and Apax France, is considering a potential listing within the next 12 months.
Nordic heading for fourth exit of 2011
Final bids are due tomorrow for Swedish medical devices company Atos, currently owned by Nordic Capital.
Cognetas divests KSM Castings to CITIC Dicastal
Private equity house Cognetas has divested automotive industry supplier KSM Castings to CITIC Dicastal for an amount thought to be more than €300m.
PM&Partners, Fidia and Athena exit AIVE
Private equity houses PM&Partners, Fidia and Athena Private Equity have sold IT services provider AIVE Group to Cap Gemini for €42.9m.
VCs exit BiancaMed in trade sale
VC-backed Irish medical equipment company BiancaMed has been acquired by ResMed, in a deal that values the company at less than $50m.
Incitia partially exits Algeta – reaps 8x
Incitia Ventures has sold 50% of its shareholding in Oslo-based biotech company Algeta ASA, generating an 8x return on investment.
IK acquires Savena in SBO
IK Investment Partners has acquired French food ingredient manufacturer Savena from Azulis Capital and Céréa Capital.
Alpha sells Mecatherm to Wendel for €170m
Alpha has agreed to sell Mecatherm, a French manufacturer of production lines for bakery products, to industrial holding Wendel.
Blackstone buys confectionery manufacturer Tangerine
Blackstone Group has acquired Growth Capital Partners' (GCP) 40% stake in sugar, confectionery and popcorn manufacturer Tangerine in a deal worth more than ТЃ100m.
Constellation Capital reaps 6.3x on SVOX sale
Private equity house Constellation Capital has exited voice solution provider SVOX to Nuance.
Secondary buyouts on the rise
unquote” has recorded a significant hike in SBO activity in 2011 – indicating LPs’ fears over their comeback might not have been exaggerated after all. Greg Gille reports
General Atlantic Partners exits Navigon
Private equity house General Atlantic Partners has sold navigation software specialist Navigon in a trade sale to US company Garmin.
Nordwind Capital plans to float SHW
Private equity house Nordwind Capital is planning to list automotive supplier SHW Automotive AG on the Frankfurt Stock Exchange.
Carlyle set to acquire SagemCom from Gores
Carlyle is in advanced negotiations with The Gores Group for the acquisition of SagemCom, a French manufacturer of network equipment and television set-top boxes, according to French daily Les Echos.
Altor acquires Orchid Orthopedic
Altor has acquired US-based orthopaedic and dental implant company Orchid Orthopedic Solutions from Churchill Equity.
IK-owned Moventas files for bankruptcy
IK Investment Partners' portfolio company Moventas Oy, a Finnish manufacturer of gears for wind turbines, has filed for bankruptcy.
Parcom to offload See Tickets for £120m
The auction process for Parcom Capital-owned ticketing company See Tickets has now reached a second round of bidding, according to media reports.
Nordic Capital eyeing Point International sale
Nordic Capital is believed to be looking to sell Swedish payment service provider Point International, according to reports.
QMC exits Corporación Dermoestética
QMC Development Capital Fund is divesting Corporación Dermoestética.
FSN Capital's Baggium sells C&T division
FSN Capitalтs portfolio company Baggium AB has sold its Care & Treatment division to Humana AB.
CVC seeks Colomer buyer
CVC Capital Partners is searching for a buyer for its Spanish portfolio company, Colomer Group, a manufacturer of hair and nail care products.