Exits
International interest picks up in Central & Eastern Europe
European private equity was abuzz with exits paving the way for fundraisings last year, and CEE was no exception. Kimberly Romaine reports
N+1 buys Probos from Explorer
N+1 Private Equity has acquired Portuguese plastic band manufacturer Probos in a €75m SBO from Explorer.
Primary nets 5x on sale of Napier to Wabtec
Primary Capital has sold British turbochargers manufacturer Napier Turbochargers to US trade player Wabtec Corporation.
Halder exits Alukon
Halder Beteiligungsberatung has sold Alukon, a German manufacturer of aluminium roller shutters and door systems, to trade buyer Hörmann Group.
HgCapital exits RidgeWind to Blue Energy
HgCapital has sold its 177MW wind portfolio, including the developer RidgeWind, to UK-based renewable energy investor and developer Blue Energy for £250m.
Summit Partners sells Ogone to Ingenico for €360m
Summit Partners has exited Belgian payment solutions provider Ogone in a €360m trade sale to listed company Ingenico.
HIG Europe exits Anvis
HIG Europe has exited German automotive parts supplier Anvis Group to Japanese trade player Tokai Rubber Industries.
Capiton buys Kautex Maschinenbau from Steadfast
Capiton AG has acquired German manufacturer Kautex Maschinenbau in an SBO from Steadfast Capital valued at €50-100m.
Hamilton Portfolio exits Global Expense
Hamilton Portfolio has sold UK-based expenses management firm Global Expense to US trade buyer Concur for £14m.
Panoramic marks first exit with 120% IRR Solfex sale
Panoramic Growth Equity has sold renewable energy distribution specialist business Solfex Energy Systems to Travis Perkins for more than £30m, according to a source.
VCs to fully exit Dailymotion
Orange is understood to have upped its stake in French video sharing site Dailymotion to 100%, leading to several venture firms exiting the company's capital structure.
Equistone IV to sign ninth deal
Equistone Partners, which has recently closed its Equistone IV fund on €1.5bn, is set to acquire French food machinery business Groupe Brétèche, according to a filing made with the French competition authority.
Encore Capital exits Pro Bike Kit
Encore Capital has sold online cycling retailer Pro Bike Kit (PBK) to e-commerce firm The Hut Group.
Siparex et al. take stake in Malherbe SBO
A consortium led by Siparex has backed the tertiary buyout of French transport group Malherbe from Nixen Partners.
Smedvig exits SelStor to Pelican Self Storage
Smedvig Capital has sold Swedish self-storage company SelStor AB to Pelican Self Storage, which is operating in Copenhagen and Helsinki.
YFM exits Naylor Industries
YFM Equity Partners has sold UK-based manufacturer of building materials Naylor Industries back to its management, reaping a 2x money multiple on its original investment.
Doughty Hanson set to sell 20:20 Mobile Group
Doughty Hanson is in the process of selling mobile phone accessories business 20:20 Mobile Group to trade buyer Brightstar, according to reports.
Gresham exits 7city Learning
Gresham Private Equity has sold British financial training business 7city Learning to Fitch Group.
Unilever and FF&P exit BAC BV
Unilever Ventures and FF&P Private Equity have sold BAC BV, which specialises in affinity purification of biological materials, to Life Technologies Corporation.
Caledonia makes 3.5x on Celerant Consulting exit
Caledonia Investments has reaped a 3.5x money multiple on its exit from UK-based management consultancy business Celerant Consulting.
Alliance Entreprendre takes majority stake in Marline
Alliance Entreprendre is believed to have taken a majority stake in the SBO of French motor fuel producer Marline from Initiative & Finance.
Siparex and Somfy buy Sofilab
Siparex and Somfy Participations have taken a majority stake in Groupe Sofilab, a French producer of livestock watering troughs.
EdRip et al. support Groupe Marietton OBO
Edmond de Rothschild Investment Partners (EdRip), Crédit Agricole Régions Investissement and Siparex have backed the secondary owner buyout of French travel specialist Groupe Marietton.
Arle looking to sell Hilding Anders
Arle Capital Partners is considering a sale of Swedish mattress manufacturer Hilding Anders, according to reports.