Exits
NETHERLANDS - Oranje-Nassau sells oil & gas assets for EUR 630m
Oranje-Nassau Groep, a part of Wendel SA, has sold its oil & gas division to a consortium led by energy company Dyas UK, a subsidiary of family-owned SHV Holdings, in a deal valued at EUR 630m.
UK/SPAIN - Nordic Venture and LongAcre divest Player X
Nordic Venture Partners and LongAcre Partners backed entertainment company Player X has been acquired by Spanish mobile content and service provider Zed Group (formerly La Netro Zed), owned by US private equity firm Veronis Suhler Stevenson (VSS). The...
GERMANY/ITALY - Mid Europa Partners sells three companies to CER
Mid Europa Partners has sold three companies to CER Europe Holdings, a portfolio company of Atlas Holdings.
FRANCE – PAI partners denies public offer for Kaufman & Board
Following market rumors, PAI Partners has stated that it does not intent to make a public offer for the outstanding Kaufman & Board shares it does not yet own. PAI currently hold a 85.66% share of the property developer.
FRANCE - AXA PE cede Daum to La Financière Saint-Germain
AXA Private Equity has ceded its majority stake in crystal-producer Daum to La Financière Saint-Germain, a holding company owned by Prosper Amouyal.
UK- Blackstone-backed Deutsche Telecom may sell UK operations
Blackstone-backed Deutsche Telecom is reportedly under pressure from its main shareholders to sell its troubled UK mobile operations, T-Mobile.
UK - Carlyle and Net Partners exit bfinance
The Carlyle Group and Net Partners have wholly exited their investment in independent financial services consultancy bfinance through a management buyout led by chief executive David Vafai.
UK - Matrix receives further proceeds from exits
In spite of adverse economic conditions, small buyout specialist Matrix Private Equity Partners has received deferred consideration on two exits originally completed in 2006 and 2007 - bringing its total IRR on the investments to 40% and 26% respectively....
FRANCE - Giannoni sale cancelled
Condensing technology company Giannoni, which was put on the block in June 2008 and had been courted by a series of buyout houses including LBO France, has been taken off the market.
UK - HSBC Private Equity sells TDG
HSBC Private Equity has wholly exited its investment in Transmission & Distribution Group (TDG), a supplier of partial discharge monitoring systems for electrical utilities and heavy industry, through a trade sale to Qualitrol Corporation for an undisclosed...
SWEDEN - CapMan sells Xlent to management
CapMan has sold its 28% stake in Swedish business XLENT Consulting to company management, backed by activist investor Neqst Partner.
AUSTRIA - Perusa sells Guss Komponenten to mutares
Perusa Partners has sold metal parts company Guss Komponenten GmbH to listed mutares AG for an undisclosed sum.
ITALY – PAI-backed Saeco could be sold to Philips
Market rumours suggest that PAI Partners' portfolio company Saeco, manufacturer of coffee machines, could be sold to Dutch giant Philips.
FRANCE – NI Partners sells Lina's
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
UK - Candover-backed Wood Mackenzie on the block
Reports suggest that Candover has mandated Goldman Sachs to find a buyer for energy consultancy company Wood Mackenzie, with the price tag thought to be around ТЃ650m.
UK - HitecVision completes Noble exit
Norwegian energy-focused private equity group HiTecVision has exited its invesment in marine and engineering consultancy service Noble Dentonthrough a trade sale to international technical assurance business Germanischer Lloyd for an undisclosed sum....
NORWAY - HitecVision sells Technor to Simtronics
HitecVision has sold portfolio technology company Technor AS to listed sector rival Simtronics for a total consideration of NOK 186.9m payable partly in cash and partly in Simtronics shares. Following the transaction, HitecVision will become Simtronics...
FRANCE - AXA PE et al. exit B3G in EUR 40m deal
AXA Private Equity, BNP Paribas subsidiary Orkos Capital and Partech International have wholly exited their respective interests in B3G Telecom, an IP Centrex specialist, in a EUR 40m sale to Completel, a corporate telecommunications service business...
FRANCE - Former Apax portfolio company rescued by Beaumanoir
Clothing company Beaumanoir has received legal approval for its bid to acquire womens prêt-a-porter fashion brand Morgan, which was formerly backed by Apax Partners but went into administration over the Christmas period.