Exits
AEA aquires majority stake in Battery-backed PST
PST is a group of seven companies in Battery Ventures XI fund, which closed in 2016
Cinven, BCI to acquire Compre from CBPE
This is Cinven VII's third acquisition following the purchase of LGC and Thyssenkrupp Elevator
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around €13.6m
Perwyn acquires Agilitas from NVM for 8.4x returns
Agilitas recorded revenues of £12m in the year to March 2019, up from £9m in the same preceding period
Mobeus exits Vectair for 8.3x return
Oxbow seeks to invest in mid-market companies with a revenues range of $20-250m
Mobeus sells stake in Advantedge for 30% IRR
Mobeus reported a 2.7x return on the sale to ECapital, a provider of alternative financial products
GP-backed Diaverum scraps plans for IPO
GP said indications received did not fully reflect the fundamental value of the business
LDC sells NBS to TA-, Stirling-backed Byggfakta
Bank of America was given the mandate to run the sale process for the company in September 2020
PAI-backed Stella Group buys BPE's DuoTherm Rolladen
Exit ends BPE's three-and-a-half-year holding period; the add-on is Stella's second under PAI
Chequers, Paragon to acquire Silverfleet's 7days
Sale process for the medical workwear company saw interest from FSN and Gilde, Mergermarket reported
H2 acquires Optegra
Vendor of the ophthalmology company is Eight Roads, Fidelity International's private equity arm
Nordic Capital's Nordnet completes listing
IPO gives the company a market cap of SEK 24bn, compared with SEK 6.6bn at its take-private in 2017
LDC sells Panther Logistics to trade
LDC's Midlands team originally invested in 2016 as part of a £17m management buyout
Keyhaven sells PIC for 1.7x return
Keyhaven's latest direct investment fund was Keyhaven Capital Partners IV, which closed on £74.2m
Via Equity sells EnviDan to Waterland
Via Equity acquired the water and wastewater consultancy in 2015 through Via Venture Partners Fond II
Sovereign exits BIMM to ICG
Sovereign Capital Partners backed the buyout of BIMM with a £10m investment in April 2010
Invision buys majority stake in VR Equitypartner's N3K
VR Equitypartner acquired a minority stake in N3K in 2016 and reinvests in the structure
Blackstone exits De Nora in €1.2bn deal
Sale ends a three-year holding period for Blackstone Tactical Opportunities, which owned a minority stake in the company
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
Mercia-backed Abingdon Health files for IPO
Abingdon Health was in discussions with potential investors for an IPO to raise around £100m
Equistone sells Eschenbach to trade
UK-based Inspecs Group is to pay €94.85m for the eyewear business, according to a statement
Livingbridge sells Giacom to trade
Bidders for the company included Hg among a number of other trade and private equity bidders
Hg acquires Septeo Group
Deal sees Hg investing via Genesis 9 and reportedly values the legal tech business at more than €1bn
Sale of EQT-owned Fertin Pharma to launch in Q1 2021
GP is aiming to close the deal before the second half of 2021
