Exits
Charme, Livingbridge sell Witherslack to Mubadala Capital
Both Charme and Livingbridge are to retain minority stakes in the school and care home operator
Cobepa, Sofina exit Hillebrand in EUR 1.5bn trade sale
Deutsche Post is to acquire the Germany-based consumable liquids freight forwarder
BC Partners reacquires CeramTec alongside CPPIB
BC Partners acquired CeramTec from Cinven alongside co-investors in a EUR 2.6bn deal in 2018
Stirling Square, DBAG invest in Itelyum
Stirling previously held a majority stake in the industrial waste business via its third fund
Aurelius sells Office Depot Europe to trade
GP acquired the company in 2016 and has since focused on developing its e-commerce operations
EQT to sell Utimaco majority stake to SGT Capital
EQT will retain a minority stake in the Germany-based cybersecurity firm, which it acquired in 2016
Exponent to exit publisher Dennis in GBP 300m trade sale
Deal ends a three-year holding period and nets returns of more than 3x money and 40% IRR for the GP
Rockpool nets 12.7x on sale of Outright Games to EMK
Rockpool took a majority stake in Outright in 2016, providing growth capital to the team
IK exits Visolit in trade sale
IK acquired the IK acquired Norwegian IT services and outsourcing business in 2016
Astorg to sell Flowbird to Searchlight
Astorg bought the urban transportation and parking service (then known as Parkeon) for EUR 450m in 2016
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Palladio, NB Renaissance considering Rina exit ahead of IPO
An IPO remains the sponsors' preferred exit option, sources say
Astorg acquires surgery supplies manufacturer Demetra
Keensight merged medical technology businesses Tecres and Aap Biomaterials to form Demetra in 2016
Lonsdale scores fourth exit of 2021 with Cross Rental Services sale
Sale of CRS is the GP's seventh exit since inception, and its fourth this year
Tenzing nets 5.6x on exit of Smoothwall
Second exit for the firm's debut fund, after reaping a 72% IRR on FMP Global
Getir investors to cash in USD 100m with secondary sale
Stake being sold amounts to around 1.3% of Getir's total share capital
Pamplona to acquire Pelsis from LDC
LDC backed the management buyout of Pelsis from US-based GP Wind Point Partners in 2017
Bridges reaps 2.5x return on sale of Wholebake to Elysian
Deal is the second investment for Elysian Capital III, which closed on its GBP 325m hard-cap in 2020
TriSpan buys Pho, Gresham House Ventures exits
Pho generated revenues of around GBP 40m in the year to February 2020
PAI acquires Scrigno from Clessidra
Deal is the fourth inked by PAI's new Mid-Market Fund, closed on EUR 920m in March
Ambienta sells Calucem to Cementos Molins in EUR 150m deal
Calucem reports a turnover of EUR 58m, with an EBITDA of EUR 16m
Lonsdale sells Charles Cameron to Penta's Socium Group
Third exit announced by Lonsdale this year, and the second from its 2016 fund
PAI explores Refresco exit
Paris-based private equity firm is exploring options around a dual-track process
Livingbridge acquires IT service North from Aliter Capital
Aliter Capital formed North via a buy-and-build strategy for portfolio company Boston Networks