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Exits

Carlyle reaps 1.8x on exit from Talaris

The Carlyle Group has sold UK-based cash management company Talaris to Japanese money handling solutions provider Glory Ltd for an enterprise value of £650m.

  • UK / Ireland
  • 14 February 2012
RJD reaps 1.5x on partial exit from Raphael Healthcare

RJD Partners has partially exited Raphael Healthcare in a refinancing, which has returned 1.5x of the original investment.

  • UK / Ireland
  • 09 February 2012
Volume and value of European private equity-backed IPOs
Private equity-backed IPOs, 2000-2011

In appreciation of Facebook's massive IPO last week, unquote" data shows the volume and value of private equity-backed IPOs from the dot-com bubble through the financial crisis of 08/09, up to last year.

  • Exits
  • 06 February 2012
Foresight reaps 2x multiple on exit from Factory Media

Foresight Group has sold its majority stake in London-based action sports media publisher Factory Media to Forward Internet Group (FIG), reaping a money multiple of more than 2x.

  • UK / Ireland
  • 06 February 2012
Lion Capital to carve Findus Nordic operations

Lion Capital is in talks to sell part of UK frozen food manufacturer Findus, according to reports.

  • Exits
  • 06 February 2012
Mid Europa and France Telecom-Orange sell Orange Austria for €1.3bn

Mid Europa Partners and France Telecom-Orange have agreed to sell their combined 100% share in Orange Austria to Hutchison 3G Austria for €1.3bn.

  • DACH
  • 03 February 2012
Rutland in €180m Attends Healthcare exit

Rutland Partners has sold UK-based healthcare product manufacturer Attends Healthcare (formerly known as PaperPak) to Domtar Corporation for €180m.

  • UK / Ireland
  • 30 January 2012
KBC exits Dynaco

KBC Private Equity has sold door-manufacturer Dynaco to Assa Abloy in a deal valued at €75-125m.

  • Benelux
  • 25 January 2012
Trade sales increase by EUR 30bn from 2010 levels
Trade sale values boom in 2011

Trade sales continue to be the most common exit route in 2011 and increased by almost €30bn in value, while secondary buyouts are stalling, reflecting the tough economic conditions of the past year. Anneken Tappe reports

  • Exits
  • 24 January 2012
Volume and value of European trade sales
2011 exits: trade sales almost triple in value

As the graph shows, the proportion of trade sales, the most common exit route, has not changed significantly between 2010 and 2011.

  • Exits
  • 23 January 2012
ISIS backs £46m Autologic MBO

ISIS Equity Partners has invested in the £46m MBO of UK-based automotive diagnostic software business Autologic.

  • UK / Ireland
  • 23 January 2012
Ade Gestion exits Jamones Burgaleses

Ade Gestion Sodical has exited processed meats producer Jamones Burgaleses, selling its 20% stake to Campofrio Food Group (CFG).

  • Southern Europe
  • 20 January 2012
Reiten-backed NEAS divests consulting business

Reiten & Co listed portfolio company NEAS has divested its consulting engineering business to trade player Sweco Norway.

  • Nordics
  • 20 January 2012
Graphite backs MBO of National Fostering Agency

Graphite Capital has acquired childcare service National Fostering Agency (NFA) from Sovereign Capital in a deal reported to be worth around £130m.

  • UK / Ireland
  • 20 January 2012
Baring exits Centro Inmunológico de Cataluna

Baring Private Equity Partners has completed the exit of medical diagnostics company Centro Inmunológico de Cataluna (CIC) through a trade sale to French medical diagnostics company Labco.

  • Southern Europe
  • 19 January 2012
EQT exits Lundhags

EQT has exited outdoor clothing company Lundhags to Norwegian trade player Swix.

  • Exits
  • 19 January 2012
TowerBrook buys Volution off AAC Capital

TowerBrook Capital Partners has acquired UK-based ventilation products specialist Volution Group from AAC Capital - a deal reported to be worth around £160m.

  • UK / Ireland
  • 19 January 2012
Cinven snaps up ICG's CPA Global in SBO

Cinven has agreed to acquire intellectual property specialists CPA Global from Intermediate Capital Group (ICG) and Electra Private Equity in a secondary buyout thought to be worth around $1bn.

  • UK / Ireland
  • 18 January 2012
Vector exits Efectivox

Vector Capital has sold its 27.67% stake in cash handling and transportation services provider Efectivox, previously known as Blindados Grupo Norte, to Swedish cash handling company Loomis. Financial details of the exit remain undisclosed.

  • Southern Europe
  • 18 January 2012
IDI reaps 3x money on SFPI exit

Listed private equity fund IDI has sold its minority stake in French building materials manufacturer and industrial supplier SFPI for €18.4m.

  • France
  • 13 January 2012
EdRIP backs b2s OBO

Edmond de Rothschild Investment Partners (EdRIP) has backed the OBO of French CRM business b2s from Windhurst Participations.

  • France
  • 13 January 2012
CAPE et al. exit Miyowa in $45.5m trade sale

Crédit Agricole Private Equity (CAPE), Techfund and Sophia Euro Lab have sold their stakes in French software developer Miyowa to Synchronoss in a deal that values the business at $45.5m.

  • France
  • 12 January 2012
Kelso Place backs Nicole Farhi

Kelso Place Asset Management has acquired a majority stake in fashion brand Nicole Farhi from OpenGate Capital.

  • UK / Ireland
  • 12 January 2012
PAI offloads 25.66% of Chr. Hansen for €560m

PAI Partners SAS has agreed to sell 25.66% of its Chr. Hansen shares worth €560m to Novo A/S.

  • Nordics
  • 11 January 2012
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