Exits
EQT et al. bid for German retailer
The private equity groups EQT, Apax and a consortium of PAI partners and TPG have entered the second round of negotiations for German fashion retailer Takko.
NiXEN sells Groupe Plastisud in sponsorless OBO
NiXEN has sold its 60% stake in French plastic moulds manufacturer Plastisud back to the founding family and management.
Clave Mayor exits Superleague Formula
Clave Mayor has sold its stake in Superleague Formula - an Italian business which runs a global championship linking football and motor racing – to a Luxembourg-based fund.
IK Investment Partners sells Welzorg
IK Investment Partners has sold Dutch mobility aids distributor Welzorg to Louwman Group.
Sofipa reaps 1.7x on Byte exit
Sofipa, Unicredit Group’s private equity fund manager, has reaped a money multiple of 1.7x on its sale of Byte Software House to Automatic Data Processing.
ISIS exits Credit Solutions in £10m trade sale
ISIS Equity Partners has sold its stake in UK debt recovery and management services provider Credit Solutions to arvato, for a total cash consideration of £10m.
Nordic Capital acquires Britax from Carlyle
Nordic Capital has acquired child car-safety seat producer Britax Childcare Holdings Ltd from The Carlyle Group.
Inova to make loss on Lartec exit
Inova Capital looks set to make a loss on its investment in Lartec Desarrollos Inteligentes after the home technology equipment provider went into administration.
LODH and Qualitas sell 20% of Forte
LODH Private Equity and Qualitas Venture Capital have partially exited precast concrete specialist Forte Hormigones Group via a management buy-back.
CapMan sells 30% Access stake to Pohjola
Pohjola Bank plc has agreed to acquire a 40% stake in Access Capital Partners, a private equity fund-of-funds manager, from CapMan and Access’s managing partners.
Blackstone-backed ICS acquires Pulse
Blackstone Group portfolio company Independent Clinical Services (ICS) has acquired Pulse Staffing Ltd from HgCapital.
Apax sells IFCO Systems to Brambles
Apax has agreed to sell its majority stake in listed German logistics company IFCO Systems to Australian trade buyer Brambles.
KKR sells recycling company DSD
British private equity group Solidus Partners has backed the acquisition of Duales System Deutschland (DSD) for an undisclosed amount.
Advent sells Sophis to Misys
Advent International has agreed to sell Sophis to Misys for an equity value of €273m.
Ratos sells Camfil for SEK 1.3bn
Ratos has wholly sold its stake in Camfil for SEK 1.325bn, giving the investor and exit profit of approximately SEK 610m.
Permira-backed New Look "open-minded" on flotation
Fashion retailer New Look - backed by Permira and Apax - said it remained "open-minded" on IPO prospects following the holiday season.
LDC secures partial exit from Virgin Racing
LDC has reached an agreement with Marussia that will see the Russian supercar manufacturer take a shareholding in F1 team Virgin Racing.
Penta-backed SpiriTel acquired by Daisy plc
Daisy Group plc has wholly acquired listed communication services company Spiritel, owned by Penta Capital, for an enterprise value of £37m.
IK acquires EPiServer from VC consortium
IK Investment Partners has acquired EPiServer Group AB from Amadeus Capital, Monterro Holding, Northzone Ventures and entrepreneurs.
PAI-backed Yoplait sale underway
A PAI spokesperson has confirmed the upcoming start of the sale process, according to media reports.
Big guns circle CVC-backed Mivisa
Five prominent buy-out houses are circling Mivisa, the portfolio company of their private equity rival CVC Capital Partners.
Ratos sells stake in Lindab
Ratos has sold 8.85m shares in Lindab International AB for SEK 867m, giving the investor an exit profit of approximately SEK 540m.
Ibersuizas said to have sold MD Anderson
Ibersuizas is thought to have finalised its sale of MD Anderson España, the Spanish subsidiary of the MD Anderson Cancer Centre of Houston, according to reports.
Rhea Venture acquires DentIstanbul
Rhea Venture Capital Investment Trust has wholly acquired Turkish dental care provider DentIstanbul from Global Environment Fund (GEF).