Exits
Bridgepoint sale of Rodenstock collapses
Bridgepoint’s sale of German eyeglass maker Rodenstock has collapsed, according to reports.
BSPE exits Tinet
BS Private Equity (BSPE) has exited its 92% stake in IP transit and Ethernet company Tinet to US-based Neutral Tandem in a deal valued at approximately €82m.
LDC earns 4x revenue with St Tropez exit
Mid-market private equity house LDC has sold luxury self-tanning brand St Tropez to PZ Cussons for £62.5m, which corresponds to more than 4x revenue.
Doughty Hanson sells Impress for €1.7bn
Doughty Hanson & Co has exited its investment in metal packaging producer Impress Coöperatieve U.A. in a €1.7bn trade sale to Ardagh Glass.
KKR acquires stake in Visma
KKR has acquired a 76.9% stake in Norwegian business software provider Visma, giving the company an enterprise value of NOK 11bn.
ECI Partners acquires XLN in SBO
ECI Partners has acquired the telecommunications provider XLN Telecom in a secondary buyout from Zeus Private Equity.
3i and TCR Capital acquire Trescal from Astorg
3i and TCR Capital have acquired a majority stake in French measurement services specialist Trescal from Astorg Partners.
Nazca Capital exits El Derecho to Editions Lefebvre Sarrut
Nazca Capital has exited Grupo Editorial El Derecho y Quantor via a trade sale to French multinational Editions Lefebvre Sarrut.
AXA Private Equity set to sell Eliokem to Omnova Solutions
AXA Private Equity has entered into an exclusive agreement with US listed company Omnova Solutions for the sale of its majority stake in French chemicals company Eliokem for a total valuation of €227.5m.
3i sells NSL to AAC for £120m
3i has exited outsourced services provider NSL via a £120m trade sale to Northern European mid-market buyout firm AAC Capital Partners.
Axcel launches IPO of Pandora
Axcel has launched an IPO of its portfolio company Pandora with a share price in the range of DKK 175-225, according to reports.
EdRIP and Initiative & Finance exit Laboratoires Filorga
Edmond de Rothschild Investment Partners (EdRIP) and Initiative & Finance (I&F) have sold their stake in French laboratory Filorga to the company's management.
Paluel-Marmont Capital acquires Finipar from LBO France
Paluel-Marmont has backed the management buyout of French cleaning products manufacturer Finipar from LBO France.
Wellington Partners sells off Aloqa
Venture capital firm Wellington Partners has agreed to sell Munich-based software company Aloqa GmbH to mobile phone giant Motorola for an undisclosed sum.
CVC acquires Sunrise in CHF 3.3bn deal
CVC Capital Partners has signed an agreement to acquire Sunrise Communications S.A. from Danish telephone company TDC A/S.
Barclays close to sale of Schneider
Barclays Private Equity is close to agreeing the sale of specialty mail order business Schneider, according to sources close to the deal.
RCapital puts Microbus up for sale
RCapital is said to be looking for a buyer for in-vehicle technology provider Microbus.
Providence Equity considering sale of Phones4U
Providence Equity Partners is considering the sale of mobile phone retailer Phones4U, according to reports.
Advent et al. exit Phyworks for $72.5m
Advent Ventures has sold fabless semiconductor company Phyworks Ltd for $72.5m to US-listed analog chip maker Maxim Integrated Products Inc.
Doughty Hanson acquires Equity Trust for €350m
Doughty Hanson has acquired UK-based Equity Trust in a €350m secondary buyout from Candover Partners and other institutional shareholders.
LBO France acquires Idéal Résidences
LBO France has acquired a majority stake in retirement homes operator Idéal Résidences from Edmond de Rothschild Investment Partners (EdRIP) and Alliance Entreprendre.
3i puts Hyva up for sale
3i has appointed M&A brokers to seek a sale for Hyva, its highly profitable pump manufacturing portfolio firm, according to reports.
Lion Capital considering Hema exit
Lion Capital has announced it is looking to sell its stake in Dutch general retailer Hema
Palamon exits OmniBus via €36.4m trade sale
Palamon Capital Partners has continued its strong run of exits in 2010 with the sale of its broadcast software portfolio company OmniBus Systems Ltd to the listed Canadian firm Miranda Technologies Inc for €36.4m in cash.