Exits

GERMANY - Dr Neuhaus Techno Nord exits EUTEX holding

Following the listing of EUTEX on the Entry Standard of the Frankfurt Stock Exchange in December 2005, Dr Neuhaus Techno Nord has exited its remaining stake in the company. The strategic investor is an undisclosed Russian company operating in the field...

SWEDEN - 3i and L Capital-backed Gant in EUR 241m IPO

Gant, backed by 3i and L Capital, has today announced the EUR 241m flotation on the Stockholm Stock Exchange. The IPO provides 3i and L Capital with partial exits at this stage generating EUR 44m and EUR 76m of proceeds respectively.

FRANCE - IK recapitalises CEVA Santé Animale

Industri Kapital has completed a EUR 208m recapitalisation of CEVA Santé Animale, the international French based animal health care company. This is IK’s second recapitalisation in a week and follows the EUR 65m recapitalisation of Myresjöhus.

FINLAND - Nexit sells Hybrid Graphics to Nvidia

Nexit Ventures, a venture capital firm focused on mobile technologies and services, has agreed to sell its share of Finland-based graphics technology provider Hybrid Graphics to US-based 3D technology company Nvidia Corporation.

AUSTRIA - Permira sells remaining AMS shares

Permira has sold its remaining shares in Austria Microsystems to Morgan Stanley for approximately EUR 180m for placement with international institutional investors. Permira had a remaining shareholding of around 34% in Austria Microsystems, an Austrian...

UK - Bridgepoint sells Hydrex for £106m

Hydrex Group, the specialist supplier of mobile operated equipment and associated support services for the UK rail and materials handling sector, has been sold by Bridgepoint to Quilvest and Shoaibi Group in a transaction totalling ТЃ106m.

NETHERLANDS - ABN AMRO sells Radio Holland

ABN AMRO Capital and Stichting Co-Investors Radio Holland Group have agreed the sale of Dutch based Radio Holland Group to Imtech NV, for a purchase price of EUR 47m. Through this exit, ABN AMRO Capital will achieve a money multiple of 4.4x the initial...

FINLAND - CapMan exits from Mehiläinen

CapMan funds Finnventure V and Finnmezzanine III will sell their shares in Mehiläinen Oyj to H-Careholding AB, the owner of Carema. The consideration offered values the equity of Mehiläinen at EUR 152m and prior to the exit the funds have approximately...

SPAIN - Nazca makes 8.5x money on Svenson sale

Nazca Capital, one of the most active private equity firms in the Spanish market, has closed a deal with Investindustrial to sell its remaining 67.8% shareholding in the European hair-treatment leader for EUR 82m. The transaction was structured as a secondary...

GERMANY - SHS and tbg exit Novosis

SHS Gesellschaft für Beteiligungsmanagement mbH has sold its stake in Miesbach-based pharaceutical specialist Novosis to Swiss-listed Schweizerhall Holding AG. State financial investor tbg has also agreed to exit its stake by way of a staggered process...

UK - BancBoston makes 15x money on Aquila exit

BancBoston Capital has notched up a 15.2x net return on the sale of its shares in the UK-based Aquila Group Holdings Ltd. This tops a stellar run of exits for the firm. Returns on BancBoston Capitalтs recent transactions include 6.5x on the sale of Pompe...

FRANCE - Asiatex to take Petitboy out of receivership

Pau’s regulatory court has selected Asiatex to acquire Petitboy from CIC Banque de Vizille and bring the company out of receivership. The children’s clothing company has been held under observation for the past four months. Asiatex has agreed to acquire...