Exits

FINLAND - CapMan exits StaffPoint

CapMan funds Finnventure Fund V, Finnmezzanine Fund II B & D and Finnmezzanine Fund III A, B & C have sold a combined 66% stake in StaffPoint, a Finnish staffing agency business, to Oy G W Sohlberg Ab, Varma and the company’s management, for an undisclosed...

UK - Balderton exits Bebo

Balderton Capital has agreed to sell its stake in social networking site Bebo to AOL in a deal worth $850m.

CEE – JPMorgan- and Deutsche Bank-backed Cadogan to float

According to sources, Ukrainian gas exploration and production company Cadogan Petroleum plans to raise £125m through a listing on the London Stock Exchange next month. The private equity funds of JPMorgan and Deutsche Bank are two of the company's investors.

SWEDEN - EQT sells 22% of listed Duni

EQT I and EQT III have, through Duni Holding AB, sold 10,400,000 shares in Duni AB, representing 22.13% of the shares in the business, to Swedish and international investors.

BELGIUM – GIMV completes exit from Westerlund

GIMV and the Westerlund family have sold their remaining shares in Belgian port operator Westerlund Group to infrastructure investment fund Babcock & Brown, which acquired a minority stake in the group last December. The deal makes Babcock & Brown the...

FRANCE - VC consortium exits Realviz

A venture capital consortium consisting of Intel Capital, Eurazeo, MVI Sverige, HPI Holding SA, Edmond de Rothschild Investment Partners and Solaris Asset Management have all realised their investments in Realviz after it was purchased in its entirety...

NETHERLANDS – KBC sells 28% of Corelio

According to sources, KBC has sold 28% of Belgian newspaper publisher Corelio. The deal value is unknown, however the company is thought to be worth in the region of EUR 165m, which would mean that the private equity house's stake is worth approximately...

RUSSIA - CVCI sells NLC for EUR 200m

Citigroup Venture Capital International (CVCI) and RosEvroGroup have sold a 90% stake of National Logistic Company (NLC), a warehousing services provider, to Finland-based Itella Group for approximately EUR 200m, with RosEvroGroup retaining a 10% holding....

UK - Baird sells ArmorGroup for £44m

Baird Capital Europe has sold its stake in security services company ArmorGroup International Plc to G4S, an international security solutions group, for a total consideration of £44m, respresenting a price of 80 pence per share in cash.

US/NORWAY – HitecVision sells Knowledge Systems

HitecVision has sold its stake in Knowledge Systems, a Sugar Land, Texas-based provider of geopressure and geomechanical software, to Halliburton Inc (NYSE: HAL) for an undisclosed value. The business was acquired through Landmark, a product service line...

ITALY - BS Private Equity exits textile manufacturer

BS Private Equity together with IPEF III and MPS Venture has sold its controlling stake in textile manufacturer Klopman in a deal with an enterprise value of EUR 70m, generating a 3x money multiple for the seller.

SWEDEN – 3i looking to auction off Ambea

According to reports, 3i is in the process of auctioning off its 75% stake in Ambea, a Swedish healthcare provider, for up to EUR 900m. Bidders rumoured to be interest include Doughty Hanson, PAI Partners and Merrill Lynch Private Equity. The Singapore...