Exits
UK - Clearbrook makes first exit
Clearbrook Capital Partners announces that it has agreed to sell Eclipse Scientific Group, the leading independent laboratory company, for ТЃ50m to Inspicio Plc, the testing and inspection group. The sale is the first disposal by Clearbrook, the private...
UK - Terra Firma's waste unit set to be acquired by Spain's FCC
Fomento de Construcciones y Contratas, S.A (FCC), a Spanish construction and service group, is set to acquire the waste disposal arm of Waste Recycling Group Holdings (WRG) from Terra Firma. The deal values the waste disposal side of the business at ТЃ1.4bn....
SPAIN - Inova exits La Estrella Digital
According to reports in the Spanish press, private equity firm Inova has sold its 30% stake in the e-newspaper La Estrella Digital to communications entrepreneur Mariano Álvarez Gutiérrez for an undisclosed sum.
FRANCE - Alven generates a 40% IRR on trade sale of financial software developer
Alven Capital has sold its entire stake in middle and back-office software developer Emos Futures to its main competitor, GL Trade, a deal which generated an IRR of 40%.
GERMANY - Gilde and Capvis sell Soudronic AG
Gilde Buy Out Partners and Capvis have sold their 75% stake in Swiss metal packaging specialist Soudronic AG. The acquirer is Keystone Group Holding AG.
GERMANY - 3i and Triton exit CoCreate
3i and Triton have exited their holding in CoCreate to HBK Private Equity Group.
UK - Doughty Hanson to sell off remaining stake in RHM
After floating RHM last year, Doughty Hanson is to realise its remaining 26.6% stake in the business.
SWEDEN – Glintir acquires Fischer Partners
Glintir has today announced the acquisition of all shares in the Swedish brokerage firm Fischer Partners from Invik & Co AB. This will enable Glintir to establish a solid platform in the Nordic securities brokerage sector as Fischer Partners has shown...
SPAIN - Espiga Capital exits Stock Uno
Espiga Capital, along with other shareholders, has recently sold its entire shareholding in Stock Uno to Ibersuizas in a BIMBO worth approximately EUR 30m. The transaction represents returns to Espiga of 2.5x its original investment, equivalent to an...
LITHUANIA - CapMan exits Drobe
CapMan has sold its holding in Lithuanian Drobe Wool Company to Plaza Corporation, a Lithuanian industrial development company.The CapMan funds Finnventure IV and Finnventure V originally invested in Drobe in 2000 along with the European Bank for Reconstruction...
SWEDEN - Q-Park acquires Carpark from Bridgepoint
Q-Park, the European cap parking company, has acquired the Swedish parking firm CP Group AB (also called Carpark) from Bridgepoint for an undisclosed sum. Carpark, founded in 1959 is a leading car park operator in the Nordic region, this acquisition will...
UK - Barclays Ventures makes 3.6x on sale of Enigma Holidays to ISIS
The sale of Enigma Holidays Ltd to ISIS represents an exit for Barclays Ventures. The ТЃ22m deal generated a money multiple of 3.6x for Barclays Ventures.
FINLAND - CapMan and Helmet exit Kultajousi
CapMan and Helmet Capital, the joint owners of the jewellery retailer Kultajousi Oy, have sold their entire holding in Kultajousi’s parent company Goldhold Oy. CapMan funds’ 40% holding and Helmet Capital funds’ 11% holding have been sold to the Iduna...
GERMANY - bmp AG sells shares in eprofessional GmbH to ZANOX.de
Berlin-based bmp AG has announced the sale of its 25.5% holding in eprofessional GmbH to Zanox.de for a sum of EUR 4m. The proceeds from this transaction, including the repayment of a silent partnership, will result in a seven figure profit for bmp.
UK - Terra Firma in partial exit from East Surrey Holdings
Terra Firma has sold ESP Pipelines Group Ltd for ТЃ225m to ABN AMRO Infrastructure Capital Equity Fund. The acquisition is being funded by a mixture of equity provided by the infrastructure fund and debt underwritten by Barcalys Capital.
FRANCE - Fonds Partenaires sells Fahrenheit to EDF
French private equity firm Fonds Partenaires has realised its investement in gas-powered boilers maintenance company Fahrenheit.
GERMANY - Demag Cranes lists following adjusted bookbuilding
Demag Cranes AG, one of the companies contained within the Demag portfolio in which KKR acquired a majority stake from Siemens in 2002, has listed on the Frankfurt stock exchange. The company floated approximately 50% of its capital stock at an opening...
NETHERLANDS - Industri Kapital to sell Continental Bakeries to NPM Capital
Industri Kapital (IK) has reached a conditional agreement with NPM Capital to sell Continental Bakeries, a leading producer and distributor of private label biscuits in Western Europe.
SWEDEN - Segulah sells NVS Installation AB to Triton
Segulah II L.P has sold NVS Installation AB to the European private equity investment firm, Triton for an undisclosed amount.
HUNGARY - Royalton sells educational publisher
Royalton Capital Investors, an investor in Central and Eastern Europe, has sold Hungarian educational publisher Láng Kiadó és Holding Zrt (Láng) to Sanoma WSOY Education, a Finnish educational publishing company. Financial terms of the deal were not disclosed....
FRANCE - GPs exits Directinet with 6x returns
A syndicate of investors including Pyramid venture Capital, I-Source Gestion, zCorporate, Angel Invest, Afipa, MMA, Groupama, Casino Rally and Avenir Tourisme France has realised its investment in Directinet, with a money multiple in excess of 6x.
UK - HgCapital floats ClinPhone
ClinPhone, the supplier of technology solutions to the clinical trials industry, has floated on the London Stock exchange representing a partial exit for HgCapital.
SPAIN - GED set to exit Continental Hotels in Bucarest
The Spanish private equity firm GED will exit the Romanian chain Continental Hotels via a listing on the Bucarest Stock Exchange in July. GED will probably list all of its 28% stake in the company. The remaining shares are held by founding familiy, Enache,...
POLAND - Bankier SA lists on Warsaw Stock Exchange
Polish finance portal Banker SA, a bmp portfolio company in which its managed fund CEEV GmbH holds a stake, listed on the Warsaw Stock Exchange today. The opening price was PLN 8.25 per share, 10% over the issue price of PLN 7.50.