Exits

SWITZERLAND - Doughty Hanson Technology Ventures sells Plazes AG

Doughty Hanson Technology Ventures has sold its stake in mobile social navigation startup Plazes AG to Nokia for an undisclosed amount. Plazes had raised VC funding from Doughty Hanson Technology Ventures as well as Esther Dyson, Marc Andreessen and Martin...

NETHERLANDS - AAC and ACP sell Sdu Identification

AAC Capital Partners and ACP have sold Dutch publisher Sdu Identification to Safran for an undisclosed sum. Sdu Identification is one of the two businesses of Sdu, which the two investors acquired in 2007.

NETHERLANDS - Madinvest et al divest Arcomet

Madinvest, NPM, GIMV and Sofinim have sold their holdings in crane company Arcomet to the management, including the CEO, who already holds 60%. Sofina and LPFI provided a mezzanine debt package to support the acquisition.

BELGIUM - 3i sells ABX LOGISTICS for EUR 750m

3i has sold ABX LOGISTICS Worldwide to DSV, the Nordic region's biggest trucking company, for EUR 750m. In March 2005, 3i acquired a majority stake in ABX from Belgium's national railway company, SNCB Holding.

GERMANY – Granville Baird said to exit Balzac Coffee

According to reports, Granville Baird, along with other existing stakeholders, is in advanced talks to exit coffee house chain Balzac Coffee. The interested parties are said to be strategic investors from France and the UK.

GERMANY - 3i sells German portfolio to Heidelberg Capital

3i Group Plc has sold a portfolio of 23 minority stakes in German companies to Heidelberg Capital for an undisclosed sum. This represents the second portfolio of investments 3i has divested in the last two months as part of its plan to sell off small...

BELGIUM - Carlyle completes exit from Transics

Carlyle has sold its 42.2% stake in Transics, a provider of on-board computers and fleet management solutions for the transport and logistics sector, to Parcom. The transaction consisted of a block trade covering 16.5% of the outstanding share capital...

NORWAY - Altor sells 50% of Lindorff to Investor

Altor has sold 50% of Lindorff Group AB, a debt collections company, to Investor AB in a transaction that values the company at an enterprise value of EUR 1.16bn. Altor retains the remaining 50%.

BELGIUM - GIMV sells five holdings to Becap

GIMV and Halder IV, which is owned by GIMV's subsidiary Halder, have sold five minority shareholdings to BECAP, a fund specialising in secondary transactions. The sales have had a negative impact of -EUR 800,000 on GIMV’s last equity value.

GERMANY - Earlybird to sell dooyoo

Earlybird has agreed to sell consumer report website dooyoo AG to Paris-based e-commerce shopping guide LeGuide.com SA for an undisclosed amount.

GERMANY - Ventizz exits ersol Solar Energy for EUR 546.4m

Ventizz Capital Fund II LP, along with its subsidiary Ventizz II Jersey Holding LP, has signed agreements with Robert Bosch GmbH regarding the sale of its holding in ersol Solar Energy AG, amounting to 50.45% of the share capital, for a total consideration...

FRANCE - AtriA divests Rivard

AtriA Capital Partenaires has exited its holding in portfolio company Rivard, a provider of industrial cleaning machines, in a trade sale to Alamo Group Inc.

NETHERLANDS - NIBC and Fortis sell Sandd

NIBC Capital Partners and Fortis Private Equity have sold their minority stake in Sandd to investment fund Trimoteur, the existing majority shareholder from which they purchased their collective interest in 2005.