Exits
Sagard buys Stokomani from Advent
Sagard Private Equity has acquired French discount wholesaler Stokomani from Advent International, a transaction valued at €200-210m.
SBOs set to rebound
The recent quaternary buyout of French eyewear retailer Alain Afflelou by Lion Capital for an estimated €780m shows that the "pass-the-parcel" trend in private equity has not yet abated.
Matrix reaps 17.8x on Camwood
Matrix Private Equity Partners and Foresight Group have sold their original stake in Camwood, an IT services business, in a sale back to management.
Milestone reaps 6x money on Cadum trade sale
Milestone Capital has reaped around 6x its money on the sale of French soap and baby products company Cadum to L’Oreal.
Lion Capital buys Alain Afflelou
Lion Capital has entered exclusive talks to acquire French eyewear retailer Alain Afflelou from Bridgepoint, Apax France and Altamir Amboise in a deal believed to be valued at nearly €800m.
Reiten & Co exits Ellipse Klinikken
Reiten & Co Capital Partners has exited cosmetic treatments provider Ellipse Klinikken to Swedish private clinic chain Akademikliniken.
Accell Group buys Perseus's Raleigh Cycle for $100m
Perseus Capital and Raleigh Cycle's management have sold the British bicycle business for $100m to Dutch trade player Accell.
Gresham exits Olaer
Gresham Private Equity has exited fluid management solutions provider, Olaer Group, to US-based Parker Hannifin in an undisclosed deal.
Industrifonden and SEB VC sell Coresonic
Industrifonden and SEB Venture Capital have divested their stakes in Swedish technology company Coresonic to Gaintech, a subsidiary of Taiwanese trade player MediaTek.
GCP-backed Killby & Gayford goes into administration
Former 3i portfolio company Killby & Gayford – currently backed by Growth Capital Partners (GCP) – has gone into administration, according to reports.
Investindustrial reaps 3x on Ducati exit
Investindustrial has sold Italian motorcycle designer and manufacturer Ducati to Audi AG, a deal believed to be worth slightly less than €900m.
Auriga and Omnes inject €7m into Eptica
Auriga Partners has joined existing investor Omnes Capital (formerly Crédit Agricole Private Equity) in a €7m round for French CRM software editor Eptica.
Sofinnova Partners exits BlueKiwi
Sofinnova Partners has sold its entire stake in social networking software editor BlueKiwi to IT services firm Atos SA Group.
Duke Street sells Adelie Food Holding for $350m
Duke Street has sold Adelie Food Holding to India Hospitality Corp for $350m, according to reports.
Amadeus exits oneDrum
Amadeus Capital Partners has exited software company oneDrum to American trade player Yammer.
LDC exits Cranswick Pet Products
LDC has sold its majority stake in Cranswick Pet Products to Westland Horticulture for £18m.
CDC Innovation et al. in €4.7m round for ASK
Historical backer CDC Innovation has led a €4.7m round for French contactless technology company ASK, alongside new investors.
EQT exits Leybold Optics
EQT has sold thin film technology company Leybold Optics to German industrial company Bühler.
Mercapital exits Bodegas Lan
Spanish private equity house Mercapital has sold Spanish wine producer Bodegas Lan to Portuguese wine group Sogrape.
CVC exits StarBev in €2.65bn trade sale
CVC Capital Partners has sold CEE-focused brewer StarBev to NYSE-listed Molson Coors Brewing Company for €2.65bn.
Bowmark Capital sells Data Explorers to Markit
Bowmark Capital has sold securities data provider Data Explorers to financial information provider Markit.
RIT sells Agora Oil and Gas for $450m to Cairn Energy
RIT Capital Partners have exited Norwegian oil and gas company Agora for a total of $450m, with £73m in total profits.
PE-backed floats stage a comeback
The Ziggo float – and strong post-float performance – illustrates that PE can still pull off a strong exit on the public markets. Kimberly Romaine talks with Warburg Pincus’ Joe Schull about strategies for floating a business in today’s market.
Europe's IPO comeback
Private equity-backed IPOs have had a rollercoaster ride in Europe over the last five years.