Exits
Parquest Capital sells Homeperf
GP, alongside minority shareholders BNP Paribas, Arkéa and Vivalto, reinvest in the business
Herkules Capital sells sportswear retailer Odlo
Sportswear retailer was acquired by the GP in 2010 and its sale follows a process initiated in 2018
Aurelius-backed Office Depot sells Nordic operations to management
Sale follows the divestment of the office supplier's CEE-based operations in November 2019
E-Capital sells Rips Technologies to trade
Buyer is code quality management company SonarSourced, backed by Insight Venture Partners
Arcmont Asset Management acquires Masai from Silverfleet – report
Silverfleet exits the business five years after acquiring a majority stake in it via Silverfleet Capital II
Sun Capital's Flabeg Germany files for insolvency
Coronavirus lockdown and its impact on the automotive industry were the trigger for the filing
Centerbridge-backed Farmafactoring buys PE-owned Depobank
Depobank will be merged into BFF and the GPs will own a stake of 7.6% in the combined entity
Mezzanine Management sells Optimapharm to Rohatyn Group
Mezzanine Management provided a €10m mezzanine facility to the business in October 2018
UK CFOs anticipate 1-2 year's slip in exit timetables - survey
Of the 144 CFOs surveyed by Unquoted Advisory, 52% say investors have been "very supportive"
Altor acquires Eleda; adds on JVAB and One Nordic
Combined turnover of the enlarged group was SEK 6bn in 2019
LGT buys Bridgepoint-backed 5aSec in debt-to-equity swap
Bridgepoint has sold its equity stake in 5aSec for a symbolic €1, which sees the firm wholly exit
Gilde buys Corilus from AAC Capital
Sale for the healthcare software company began in November 2019 and continued in spite of coronavirus
Eight Roads-backed Picsolve enters administration
Deloitte has been appointed to find a buyer for the whole company or for a part of it
Verdane-backed Wrap sells software arm to trade
Verdane Capital in 2008 acquired a majority stake in the parent company from Swedish business Saab
Towerbrook to inject €100m in BC-backed CarTrawler in debt-for-equity swap
CarTrawler has €120m of its TLB and €25m of revolving credit facility debt outstanding
Metavallon exits Think Silicon to trade
Sale ends a two-year holding period for Metavallon, which invested in Think Silicon in July 2019
EQT-backed Galderma sells Bübchen
Sale of the baby's skincare brand is the first spin-out since EQT bought the company from Nestlé
Aurelius's Bertram to make wholesale division insolvent, sells Wordery
Bertram temporarily closed Bertram Books as of 1 April due to uncertainty caused by the pandemic
HTGF exits Incapptic Connect to trade
Sale to California-based MobileIron was valued at $6m, following HTGF's first investment in 2017
Abac Capital exits Metalcaucho to trade
Sale ends a five-year holding period for the GP, which invested in the company via Abac Solutions
HCS sells AGO to RheinEnergie
Sale ends a six-year holding period for HCS and was conducted via a competitive auction process
Nord Capital exits Stadline to trade
Sale ends a five-year holding period for Nord Capital, which controlled a minority stake in the company
Audacia exits burger restaurant chain PNY
French PE firm Audacia invested in burger restaurants operator Paris New York in 2013
Foresight sells Clubhouse Golf to Afinum-backed All4Golf
Clubhouse is the first exit for Foresight Regional Investment fund, which closed on £58m in 2016
