Exits
Albion sells Bravo Inns for £17.9m
Enterprise value of the company represents an entry multiple of 6.8x for the acquirer
Green Arrow buys Poplast from EOS
Green Arrow invests via its third fund, which held a final close on €230.6m in September 2018
IK Investment Partners acquires Ondal from Capvis
Ondal is the GP's third recent medtech acquisition and the 15th investment from IK VIII
Norvestor exits Johnson Metall Finland
Sale ends a 12-year holding period for the GP, which bought the company via its Norvestor IV fund
Pure Gym among final bidders for FSN's Fitness World – report
Final bids for the Danish fitness chain are expected today, according to Mergermarket
Elysian to reap at least 3.2x on Pebble IPO
Listing results in a 3.2x return, with the remaining stake currently representing an extra 1.1x
Sovereign to sell Arachas for €250m
Sovereign backed the management buyout of Arachas in 2017 and acquired a controlling stake
Apax France sells Sylpa to ActoMezz-backed management
Sale ends a four-year holding period for Apax France, which owned a stake in Sylpa via Apax Development
Ambienta sells Energy Wave to EQT-backed Antas
Sale ends a two-year holding period for Italian GP Ambienta, which owned a majority stake in Energy Wave
Norvestor sells Cegal to DWS-, Argentum-led consortium
Transaction is made via a special purpose vehicle, Norvestor SPV I, which will own 75-80% in the company
Apax acquires Destiny in SBO
Destiny founders retain almost 30% of shares in the company in the secondary buyout transaction
Idinvest exits Bimedia to trade in €50m deal
Deal ends a four-year holding period for Idinvest Partners, which backed the company alongside Omnes
EQT exits EIS Aircraft to Hannover Finanz
Exit follows the 2018 sale of the group's Aircraft Operations division
DeA Capital's Idea CCR I sells Sinterama to trade
Sale ends a two-year holding period for CCR I, which owned a majority stake in the business
Indaco sells AdmantX to Vista Equity-backed IAS
Following the deal, AdmantX will be integrated within the new group and its brand absorbed under IAS
Meeschaert CP backs ID Systemes SBO
GP launched a small-cap strategy in Q3 to back companies of the size of ID Systemes
CapMan exits Finland-listed Harvia
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
August Equity exits Wax Digital
This is the fund's sixth realisation, following the sale of Vet Partners and Compass Community
Polaris partially exits Jetpak
GP will retain a 5.3% stake in the listed Swedish delivery company
Foresight sells Idio for 2x return
Insight Venture Partners acquired Episerver, the acquirer, from Accel KKR in 2018
Alantra sells Ingenium's Spanish mobile business to Orange España
Alantra plans to strengthen the activity of the other divisions of Grupo Ingenium
Warburg Pincus sells Accelya to Vista Equity Partners
First investment made by Vista via its permanent fund, Vista Equity Partners Perennial
3i completes single-asset restructuring for Action
GP will wind up its original investment vehicle and release liquidity to investors
HTGF exits Grandcentrix to Vodafone
Exit follows HTGF's initial investment in the Internet-of-Things company in 2010
