Exits
Ventizz exits Medos Medizintechnik
Private equity firm Ventizz Capital Partners has sold its 100% stake in German medical equipment provider Medos Medizintechnik AG to venture firm Zukunftsfonds Heilbronn GmbH & Co KG.
Hasso-Plattner-Ventures exits RIB in IPO
Venture company Hasso-Plattner-Ventures has exited German building industry software provider RIB Software AG in an IPO. The offer price was set at €9.25 per share.
Altor sells Ferrosan to Pfizer
Altor has sold Danish consumer health company Ferrosan Consumer Health (FCH) to Pfizer Inc.
Beringea reaps 5.8x return on Saffron Digital exit
Beringea has sold its stake in Saffron Digital to HTC Corporation in a deal that values the company at £30m.
Bridgepoint looking to sell ERM stake
Bridgepoint is looking to sell its 57% stake in environmental consultancy provider Environmental Resources Management (ERM), according to reports.
Sovereign-backed LM Funerals up for sale
Sovereign Capital portfolio company LM Funerals is up for sale, according to media reports.
PAI takes bids for Yoplait
PAI partners has received nine bids for its stake in French yoghurt-maker Yoplait, according to media reports.
TPG Capital looking to sell Grohe
TPG Capital and Credit Suisse Private Equity are reported to be planning an IPO or trade sale of sanitary fitting manufacturer and supplier Grohe.
OFI mulls over Siam sale
OFI Private Equity is considering selling its stake in sealing products manufacturer Financière de Siam, OFI's chief executive told Reuters.
Investec exits Big Bear Group
Investec has successfully sold Big Bear Group to Finnish food producer Raisio. The total value of the transaction is thought to be around €95.3m.
Investinor sells THINK shares
Investinor AS has sold its shares in THINK Holdings AS to Ener1 Inc, in return for shares in Ener1.
Endless sells Amco for £19.8m
Turnaround investor Endless has sold engineering business Amco Group to Renew Holdings for £19.8m.
Axa looking to exit CABB
Axa Private Equity is looking to sell former Hoechst-subsidiary CABB and Gealan.
BaltCap exits eKool
BaltCap has sold its stake in Koolitööde AS, the company managing the eKool platform, to Kriit OÜ.
Alpha looking to exit Metallum and Rhiag
Alpha Associates is set to sell two of its largest portfolio companies, Metallum and Rhiag, according to media reports.
Citigroup takes over EMI from Terra Firma
Terra Firma’s portfolio company EMI has been taken over by Citigroup after failing to keep up with interest payments.
Baird Capital Partners sells Aston Carter
Baird Capital Partners Europe has sold Aston Carter Group Limited to Allegis Group, generating a 2.5x gross return and 27% gross IRR.
HBM BioVentures et al. exit PharmaSwiss
HBM BioVentures, Enterprise Investors and the other shareholders have sold 100% of Switzerland-based pharmaceutical company PharmaSwiss to Valeant Pharmaceuticals International for an approximate value of €350m.
HgCapital looking to sell Americana
HgCapital is reported to be looking for buyers for its portfolio company Americana Holdings, which owns fashion brands Bench and Hooch.
New Value discard FotoDesk stake
New Value AG has written off CHF 8.9m of equity and convertible loans to portfolio company FotoDesk Group.
EQT looking to sell Kabel Baden-Würtemberg
EQT Partners, the private equity arm of Sweden's Wallenberg family, is looking to sell German TV, broadband and phone provider Kabel Baden-Würtemberg (KBW).
Kennet sells goviral to AOL
Growth equity investor Kennet Partners has sold branded video specialist goviral to AOL Europe for $96.7m. The sale is the second in three months for the backer, which sold online buying community BuyVIP to Amazon in October.
Exits: Light at the end of the tunnel?
As 2010 saw buyout activity resurge from an exceptionally quiet 2009, the PE-industry was hoping the exit market would also come alive. Last year however proved to be far less favourable for the exit market than many had hoped for. Is this about to change...
DFJ Esprit sells The Cloud to BSkyB
Satellite broadcaster BSkyB has agreed to acquire wireless broadband business The Cloud from DFJ Esprit for an undisclosed amount.