Exits
CVC's Formula One postpones IPO
CEO Bernie Ecclestone told Reuters that the IPO of CVC-backed Formula One Group on the Singapore Stock Exchange may be postponed to later this year.
Dunedin sells Capula to Dutch trade buyer Imtech
Dunedin has sold Capula, a provider of IT systems solutions to energy operators, to Dutch Engineering company Imtech.
Bain Capital sells FCI division for €765m
Bain Capital Europe has sold the motorised vehicles division of FCI, an automotive and electronics connector company, to NYSE-listed Delphi for €765m on a cash and debt-free basis.
De Persgroep Netherlands acquires 80% of PE-backed VNU Media
The Dutch arm of Belgian media company De Persgroep has acquired an 80% stake in Netherlands-based VNU Media, which is jointly held by 3i and HIG Capital.
Viking Venture exits myVR
Viking Venture has exited Norwegian software company myVR to Swedish trade player Hexagon.
Advent exits Vitrue to Oracle
Advent Venture Partners has exited US portfolio company Vitrue in a trade sale to IT solutions developer Oracle, following a 15-month holding period.
Equistone in €1bn Global Blue exit
Equistone Partners Europe (formerly Barclays Private Equity) has sold travel payment service provider Global Blue to Silver Lake Partners and Partners Group in a €1bn deal.
£70m restaurant bill could generate 2x for Caird
Caird Capital may be about to exit its minority stake in restaurants chain D&D London.
Mid-cap valuations register modest drop – Argos Index
Modest drop in mid-cap valuations
EQT exits Dako for DKK 12.8bn
EQT Partners has sold Danish cancer diagnostics company Dako to NYSE-listed Agilent Technologies for DKK 12.8bn.
Terra Firma in partial exit from Phoenix Group
Phoenix Group, a portfolio company of Terra Firma, has agreed to sell subsidiary Phoenix Supply to Northern Irish gas supplier Airtricity.
Gimv sells stake in Belgian recruitment agency to Naxicap
Gimv has sold its minority stake in Belgian recruitment and selection agency Accent Jobs to Naxicap.
PE-backed Gala Coral to sell casinos for £205m
PE-backed Gala Coral has agreed to sell its UK casinos business to bingo and casino operator Rank for £205m.
Dry powder will drive 2012 dealflow - Bain
Extensive dry powder, few exit opportunities and tough fundraising conditions will be the major drivers of private equity globally, according to Bain & Company.
Omnes and Demeter exit Methaneo
Omnes Capital (formerly Crédit Agricole Private Equity) and Demeter Partners have sold their joint 60% stake in Methaneo, a French developer of bio-methanisation solutions, to trade player Séchilienne Sidec.
Litorina exits Tolerans
Litorina has divested Swedish stitching systems company Tolerans to CEO Jan Melin and a consortium of investors.
Prince Capital sells Kiwoko to Corpfin
Corpfin Capital has acquired a majority stake in Spanish pet store chain Kiwoko from Prince Capital Partners.
3i looking to sell Enterprise to Ferrovial
3i is planning to sell support services company Enterprise to Spanish infrastructure operator Ferrovial, according to reports.
Altor exits Meyn to Berkshire Hathaway subsidiary
Altor Equity Partners has divested Dutch food equipment producer Meyn to US-based CTB, a subsidiary of Berkshire Hathaway.
Lyceum sells UK energy consultancy M&C to Schneider Electric
Lyceum Capital has sold Scotland-based energy consultancy M&C to French energy management company Schneider Electric, in a deal believed to be worth £90m.
TA Associates exits eCircle
TA associates has sold German digital marketing company eCircle to American analytic data solutions company Teradata.
Lion to make 5x money on Weetabix
Lion Capital has sold 60% of UK cereal business Weetabix to Chinese food group Bright Food, in a deal that values the company at £1.2bn.
Nordic Capital et al. sell Nycomed spinoff Fougera for $1.5bn
Nordic Capital, DLJ Merchant Banking Partners (DLJMB), and Avista Capital Partners have sold US-based Nycomed spinoff Fougera to Swiss trade player Novartis for $1.525bn.
Triton sells Dunkermotoren to Ametek
Triton Partners has sold German electronics company Dunkermotoren to US manufacturer Ametek.