Exits
Arx Equity Partners sells Lexum to Moonray Healthcare
Arx Equity Partners has sold Czech ophthalmology and refractive surgery provider Lexum to British healthcare investor Moonray Healthcare.
Sovereign achieves 4.2x on sale of DC Leisure
Sovereign Capital has exited its investment in DC Leisure Holdings Ltd in a sale to property management firm Places for People Group Ltd, reaping 36% IRR on its investment.
Gimv takes loss on Salsa Food Group
Gimv has sold its shares in Belgian ready-made salad company Salsa Food Group to private equity-backed SaladSignature, a producer of refrigerated spreadable salads and convenience food.
Waterland exits Windrose Finest Travel
Waterland Private Equity Investments has sold German luxury travel company Windrose Finest Travel (formerly Windrose Fernreisen Touristik) to German trade buyer RV Touristik.
NBGI partially exits Pasta King
Yorkshire Bank has provided £8.7m of senior debt and working capital to Pasta King in a deal that sees NBGI Private Equity partially exit the firm.
Verdane reaps 6x on LensOn exit
Private equity-backed Prescription Eyewear has acquired LensOn, a Nordic online contact lenses seller backed by Verdane Capital.
Ratos in partial exit from Bisnode
Swedish business information firm Bisnode, a portfolio company of Ratos, has divested Baby DM Scandinavia.
Carlyle and Vista sell Orizonia for mere €141m
Carlyle and Vista Capital have sold Spanish tour operator Orizonia to tourist group Globalia in a deal valued at €141m, six years after buying it for more than €800m, according to reports.
FF&P sells US division of Harvest Media
FF&P Private Equity has sold Telescope Inc, the US business of audience participation services firm Harvest Media Group, in a management buyout backed by HIG Growth Partners and Moorgate Partners.
HitecVision sells Spring Energy Norway to Tullow Oil
HitecVision has sold its 87.6% stake in Spring Energy Norway to London-based exploration company Tullow Oil for approximately $326m.
Mobeus quadruples dough on garlic
The sale of Brookerpaks Ltd back to its management after a 10-year courtship sees Mobeus generate a 26% IRR.
Quadriga to buy LR Health and Beauty Systems from Apax
Quadriga is the final bidder for German beauty products retailer LR Health and Beauty Systems (LR International), currently owned by Apax Partners, according to reports.
Verdane exits TeamTec to IMS
Verdane Capital has reaped a 4x multiple on the sale of its entire stake in Norwegian shipping company TeamTec Invest to local steel manufacturer Industri & Montasjeservice AS (IMS).
CVC and Charterhouse mull Ista exit
CVC and Charterhouse have hired Deutsche Bank and Goldman Sachs to advise on the sale of German utilities metering firm Ista, according to reports.
Albion exits Picturehouse investments in sale to Cineworld
Albion Ventures has exited its investments in six UK-based Picturehouse cinemas as part of the sale of City Screen to Cineworld.
Blackstone and PAI sell United Biscuits' KP Snacks
Intersnack has acquired KP Snacks from The Blackstone Group and PAI partners portfolio company United Biscuits, in a deal reportedly worth around £500m.
Horizon Capital exits Fidem Life to Aegon
Horizon Capital has sold its entire stake in Ukranian life insurance company Fidem Life to Dutch asset management company Aegon.
Blackstone buys Intertrust for €675m
The Blackstone Group has acquired Dutch tax consultancy Intertrust from Waterland Private Equity for a reported €675m.
EQT exits Gambro to Baxter
EQT and Investor AB have sold the remaining division of Swedish healthcare business Gambro Group to trade player Baxter International for SEK 26.5bn.
Nokia sells Optical Networks to Marlin
Nokia Siemens Networks has sold its optical networks business unit to US-based Marlin Equity Partners, in a deal likely to close in the first quarter of 2013.
MML Capital exits MineTech
MML Capital Partners has sold its 40% stake in UK-based landmine clearance company MineTech to German trade buyer Dynasafe Area Clearance Group, which is backed by Perusa Partners.
LBO France buys Alvest off AXA PE and Equistone
LBO France has acquired French industrial group Alvest from AXA Private Equity and Equistone.
Reiten exits Basefarm to ABRY
Nordic private equity firm Reiten & Co has sold Norwegian IT company Basefarm to US-based ABRY Partners.
ICG backs MBO of ATPI from Equistone
The management team of UK-based travel management business ATPI has bought the company from Equistone with support from ICG.