Exits
PAI exits Atos Medical in EUR 2.2bn trade sale
PAI acquired the laryngotomy and tracheostomy care products company in an SBO from EQT in 2017
Ardian, Latour buy LBO France's Groupe RG
LBO France bought a majority stake in the personal protective equipment producer in 2017
Gimv to exit Wolf Lingerie in Vulcain-led auction
Gimv and Alsace Capital acquired Wolf from Cathay Capital and EPF Partners in 2014
ESG concerns limit bidders in LMB Aerospace sale
First-round bids for France-based LMB Aerospace were collected last week
Apax, Warburg Pincus consider exiting Inmarsat – report
Shareholders could also think about listing Inmarsat, according to sources in the Bloomberg report
Carton Pack attracts Chequers, Clessidra, A&M Capital Europe
21 Invest has hired Vitale&Co and William Blair to guide it in the sale
eEquity reaps 15x on sale of PriceRunner to Klarna
Deal values PriceRunner at more than SEK 9bn, allowing eEquity to exit in less than two years
Marlin Equity readies Collenda for auction
Raymond James is advising on the process, which could kick off before year-end
LBO France, PAI in second round for Alliance Marine
Alliance Marine went on a bolt-on shopping spree under Weinberg ownership
Palatine sells Estio to PE-backed BPP
Deal is the first exit from Palatine's first Impact Investing fund, which closed in 2017 on GBP 100m
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Anaveo sale pulled despite late-stage talks with 3i
Competitive process stalls as vendor Bridgepoint's price expectations were not met, sources say
3i scores 47% IRR on Magnitude sale
Sale to US trade player Insightsoftware generates proceeds of USD 477m
AutoForm sees Permira join bidder pool ahead of NBOs next week
Carlyle, KKR, EQT, Hellman & Friedman and Francisco Partners were previously reported as potential bidders
IK buys Conet from HIG
IK intends to support the IT service and software developer with its ongoing DACH expansion
Partners Group secures minority stake in Breitling
CVC agreed to acquire an 80% stake in the then-family-owned Swiss watchmaker in early 2017
Ambienta launches Nactarome sale, teasers out
Auction for the Italian ingredients producer was initally expected to be launched in early 2022
IK hires Lazard to advise on Linxis sale
IK acquired Linxis Group (then Breteche) from Cerea Partenaire, Capza and Equistone in July 2015
Advent's Rubix confirms intention to float
GP formed the industrial maintenance, repair and overhaul firm in 2017 by merging IPH and Brammer
IK Partners likely Conet buyer as HIG Europe concludes sale
Sponsor submitted a 15x EBITDA offer to acquire Conet, two sources say
Garnica sponsor ICG targets November for sale launch
Vendor has delayed the process in order to build up visibility on its 2021 results, one source says
Idea Taste of Italy contemplates Gelato d'Italia sale
Idea Taste of Italy acquired a stake in Gelato d'Italia – then trading as Indian – in May 2016
EQT invests in Vitruvian-backed CFC
EQT IX is expected to be 70-75% invested following the deal
ECI's Travel Chapter announces intention to float
ECI bought the asset from Phoenix less than three years ago