Exits
UK - LGV sells South Lakeland Group for £125m
LGV Capital has sold South Lakeland Group, the holiday park operator, to White Ocean Leisure for ТЃ125m. South Lakeland operates nine high quality timber lodge and caravan holiday parks situated in the Lake District and Morecambe Bay regions. Fallbarrow...
RUSSIA - Quadriga Capital Russia portfolio company Akella sells studio
Akella , a portfolio company of Quadriga Capital Russia and Intel Capital , has sold its “Sea Dog” in-house development studio to Prague-based 1C Publishing. The acquired team has worked on Xbox games including Sea Dogs, Pirates of the Caribbean and...
UK - Barclays Ventures exits ChipsAway in £20m deal
Barclays Ventures has achieved a 3x return from the disposal of Edwin Investments Ltd. The business, which trades as ChipsAway Group, is an automotive services franchise group. It has been acquired by Myhome in a deal worth up to ТЃ20m. The exit generated...
NETHERLANDS - Shell Technology Ventures partially exits At Balance
Shell Technology Ventures has sold a minority stake in At Balance, a Dutch company that provides technology for drilling oil and gas wells. The transaction will give At Balance access to pressure equipment and services supplied by Smith, a supplier of...
UK - YFM full exit from Cozart realises 4x
YFM Private Equity has announced the full exit from its investment in medical diagnostics business Cozart Plc. Over the course of its six year involvement in the company, YFM has seen returns of 4x. Cozart has been acquired by AIM-listed Concateno Plc...
FINLAND - 3i and Profita sell Empower to AAC Capital Partners
3i and Profita Fund II Ky have sold Empower, a Finnish service provider for the energy and telecommunications sector, to AAC Capital Partners (previously ABN AMRO Capital). No financial information has been revealed. 3i first invested in the business...
FINLAND - Bridgepoint completes recapitalisation of A-Katsastus Group Oy
Bridgepoint has completed a refinancing of A-Katsastus, the Finnish vehicle distributor. The debt facility is structured as a EUR 75m term loan A; EUR 75m term loan B; EUR 75m term loan C and EUR 10m revolving credit facility. On top of this, there is...
UK - Enterprise Ventures realises 50% IRR on sale of TC Wild
Enterprise Ventures has wholly exited its stake in TC Wild Ltd, a manufacturer of forged precision rings for the aerospace, oil, gas and power generation sectors, through a management buy-back deal. The exit generated a return of 2.3x the money invested...