Exits
Weinberg buys Climater off Industries & Finances
Weinberg Capital Parners (WCP) had acquired a majority stake in French climate engineering group Climater from Industries & Finances (I&F).
Equistone leads Unither MBO
Equistone Partners (formerly Barclays Private Equity) has backed the secondary MBO of French pharmaceutical company Unither from ING Parcom, CM-CIC Investissement and Picardie Investissement.
Chequers Capital acquires Cordenka
Chequers Capital has acquired Cordenka group from private equity house CVC, chemical producer Akzo Nobel and Acordis-Management.
Aksia reaps 35% return on Robuschi exit
Italian private equity firm Aksia Group has achieved an IRR of more than 35% and a money multiple in excess of 4x on its sale of Robuschi, a manufacturer of blowers and pumps, to Gardner Denver.
Agri Investment Fund CVBA invests in PinguinLutosa
Agri Investment Fund (AIF) has acquired KBC Private Equity’s stake in listed Belgian frozen vegetables specialist PinguinLutosa in a deal thought to be worth around €8.5m.
EQT exits VTI Technologies
EQT has sold Finnish motion sensor manufacturer VTI Technologies to Japanese electronics company Murata Manufacturing.
AtriA Capital Partenaires sells LPR
French mid-market firm AtriA Capital Partenaires has sold portfolio company La Palette Rouge (LPR) to Euro Pool System.
BC Partners and Electra exit BDR Thermea
BC Partners and Electra Partners have sold their 40% stake in heating products manufacturer BDR Thermea Group to its parent company, Remeha Group.
August exits Planit in trade sale
August Equity has sold UK-based software business Planit Holdings to Vero Software, a portfolio company of US-based VC Battery Ventures.
Electra buys LDC-backed Davies Group for £60m
Electra Partners has acquired claims management specialist Davies Group from LDC for £60m.
Pamplona Capital Management exits TMD Friction
Pamplona Capital Management has sold automotive supplier TMD Friction to Tokyo-based Nisshinbo Hodings for €600m.
Astorg buys Microconnections from Bain's FCI
Astorg Partners has acquired Microconnections from French connectors manufacturer FCI, a portfolio company of Bain Capital.
Palamon and Electra exit SAV Credit
Palamon Capital Partners and Electra Private Equity have exited sub-prime credit card provider SAV Credit.
BPE sells FirstAssist; Ninth exit in 2011
Barclays Private Equity has sold FirstAssist Insurance Services Ltd. for £71m to healthcare provider Cigna.
Sitra exits from Oy Scancool Ab
Sitra has sold its entire share in Oy Scancool Ab to Oilon International Oy, a family business in environmental and energy technology, based in Lahti, Finland.
Beringea exits Onyx Scientific
Beringea has sold its stake in Onyx Scientific to drug manufacturer and exporter IPCA.
Isis exits Quantix
Isis Equity Partners has sold IT service provider Quantix to Interoute.
InnovationsKapital exits Cellartis
InnovationsKapital has sold stem cell biopharmaceutical firm Cellartis to French biotech company Cellectis in exchange for cash and shares.
Azulis Capital buys Shop Novation off Argos Soditic
Azulis Capital has bought French merchandising solutions provider Shop Novation from Argos Soditic.
CRM-backed Nupcial Novissima liquidates
Grupo Nupcial Novissima, a company backed by Spanish private equity firm Capital Riesgo Madrid (CRM), has gone into liquidation.
EdRCP in Groupe Moria take-private
Edmond de Rothschild Capital Partners (EdRCP) has acquired 85.27% of listed French medical equipment company Groupe Moria, with a view to take it private.
Avenir Entreprises et al. back Le Nappage SBO
Avenir Entreprises and Val Capital have backed the secondary OBO of French tablecloth company Le Nappage from CM-CIC Investissement.
Afinum sells Pinova to trade
Private equity firm Afinum has sold tinting solution provider Pinova AG to CPS Color for an undisclosed amount.
Equita exits Stromag in €195m trade sale
Equita has sold power management components provider Stromag Group to global engineering group GKN for €195m.