Exits
FRANCE - XAnge and MBO Partenaires exit Acticall
XAnge Private Equity and MBO Partenaires have ceded their shares in Acticall, a client relationship business, to Creadev, an investment company backed by the Mulliez family.
UK- Rainbow Seed Fund sells Orbital Optics
The Rainbow Seed Fund has wholly exited its investment in space camera developer Orbital Optics via a trade sale to the company's majority shareholder MDA, an international space and information solutions business, for a share in Orbital's future revenues....
GERMANY - DBAG and Quadriga Capital sell Lewa
Deutsche Beteiligungs AG (DBAG), Quadriga Capital and company management have sold their interests in pump manufacturer Lewa GmbH for an undisclosed sum to Japan-based Nikkiso Co, Ltd.
UK - Bridgepoint considers IPO for Pets At Home
Bridgepointis reportedly considering a public floatation of pet retail chain Pets At Home, hoping to raise as much as ТЃ700m from the sale.
UK - Inflexion completes HKI exit
Inflexion Private Equity has completed its exit of Healthcare Knowledge International (HKI), after selling its Iberian division, IASIST SA, to trade buyer UBM Limited for an undisclosed value. Inflexion has made a total return of 2.7x money on its original...
US/Hungary – VCs float LogMeIn at $342m cap
US/Hungarian remote-services technology business LogMeIn has floated on Nasdaq at a market capitalisation of $342m, generating an exit for backers Prism VentureWorks, Polaris Venture Partners, 3TS Capital Partners, Integral Capital Partners and Intel...
UK - Oakley Capital-backed Host Europe sells Vialtus for £42m
Oakley Capital Private Equity-backed Host Europe, a provider of website services, has sold one of its three operating divisions, Vialtus Solutions, to Freedom4 Group plc for ТЃ42m.
UK - Matrix reaps 4x money on £10m Tottel sale
Matrix Private Equity has wholly exited its investment in Tottel Publishing, a publisher of books on law, tax and information services, through a ТЃ10m trade sale to Bloomsbury Publishing.
DENMARK - EQT's Bodilsen files for insolvency
EQT portfolio company Bodilsen, a manufacturer of flat-packed furniture, has filed for bankruptcy after ongoing talks to save the business failed.
UK - Doughty-backed Setanta enters administration
London-based sports broadcaster Setanta, backed by a private equity syndicate comprising Doughty Hanson, Balderton Capital and Goldman Sachs, has reportedly seen its UK business go into administration.
GERMANY - GI Partners puts Acentic up for sale
According to reports, GI Partners has mandated Cavendish Corporate Finance to find a buyer for on-demand content provider Acentic GmbH, with the price tag thought to be up to £100m.
UK- Candover slips as worries surface over Wood Mackenzie sale
The share price of private equity group Candover fell by more than 5 pence amid worries that the ТЃ550m sale of its energy consultancy firm Wood Mackenzie to buyout house Charterhouse would fall through.
UK - Index et al. to exit Lovefilm
According to reports, Lovefilm's private equity backers, including Index Ventures, Arts Alliance Media, Balderton Capital and DFJ Esprit, are looking to sell their stake in the home entertainment company.
UK - Doughty-backed Setanta may go into administration
London-based sports broadcaster Setanta, which is backed by a private equity syndicate comprising Doughty Hanson, Balderton Capital and Goldman Sachs, is reportedly days away from going into administration.
UK - Candover's Wood Mackenzie sale close
The sale for troubled Candover's energy consulting company Wood Mackenzie is reportedly to close on Monday, with several buyout houses, including Bain Capital, Charterhouse Capital Partners, Hellman & Friedman and Warburg Pincus, said to be preparing...
UK - Permira exits Britvic
UK buyout house Permira has reportedly exited its 14% stake in listed British soft drink manufacturer Britvic, in a deal valued at approximately ТЃ80m.
GERMANY – Duke Forest divests O3SIS
Duke Forest Capital has sold its portfolio company O3SIS AG, a provider of carrier-grade mobile software solutions, to listed Gemalto NV for an undisclosed amount.