Exits
Mayfair-backed Seraphine announces IPO intention
Mayfair Equity Partners acquired Seraphine from Bridgepoint Growth in December 2020
Five Arrows wins £300m Sygnature Discovery auction
GP will take over Phoenix Equity Partners' minority stake, acquired in 2017
FPE sells Questionmark to trade, nets 3.5x money
FPE acquired the assessment software in 2016 and has sold it to Battery Ventures' Learnosity
EQT buys Parcel2Go from Mayfair
Mayfair Equity Partners acquired Parcel2Go in December 2019 and will retain a minority stake
VC-backed Made.com lists in £775m IPO
ProFounders Capital scores 25x money on the listing; other investors include Partech
YFM scores 6.5x on Deep Secure exit
Deal shortly follows the 6x exit of YFM's FourNet stake to Palatine Private Equity
HIG prepares Conet for H2 2021 auction pipeline
Sponsor appoints GCA Altium to advise on the sale of the €25m-EBITDA business
Exponent sells BBI Group to Novo Holdings in £400m deal
Exponent acquired the diagnostics products and services business in 2015 for ТЃ75m
CVC fully exits Wireless Logic
Montagu Private Equity and management buy out CVC's minority stake
DBAG sells Telio to Charterhouse
DBAG will reinvest in the prison communications system provider to hold a 13% stake
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Silverfleet exits Coventya in €420m sale, nets 2.5x money
Trade sale comes five years after Silverfleet acquired the metal finishing business from Equistone
Investindustrial sells Sergio Rossi to Chinese fashion group Fosun
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V
VC-backed Biosergen raises €5m via unit offering ahead of IPO
Company will use the proceeds from the offering to launch clinical trials of its antifungal drug candidate
EQT launches longer-hold strategy, reinvests in Anticimex
GP exits Anticimex via its EQT VI fund, and reinvests in the company via the new strategy
PE-backed SmartCraft to list on Oslo Stock Exchange
Software provider plans to list this month and expects to raise gross proceeds of roughly NOK 500m
Argand-backed Cherry announces intention to float
Gaming hardware producer is set to continue a busy H1 2021 for IPOs in the DACH region
Exponent sells BBI Healthcare to trade
BBI Healthcare is the consumer products division of BBI Group, which the GP has owned since 2015
Advent-led group buys Hoist from Accent Equity
Companyтs turnover and EBITDA tripled under Accent's ownership
OTPP sells Burton's Biscuits to Ferrero
Exit reportedly values Burton's at ТЃ300m; it is the 20th food production and retail exit of 2021
Kester nets 3.4x return on sale of Frontier Medical to Agilitas
GP's exit comes eight years after it acquired the company via its maiden fund
Advent buys Planet stake from Eurazeo in €1.8bn deal
Eurazeo will reinvest in the business and co-control the company with Advent
CVC buys BIP from Apax
GP invests in the company via CVC Capital Partners Fund VIII, which closed on €21.3bn in July 2020
Caledonia exits DSE to trade in £242m deal
GPтs exit comes just three years after it acquired DSE in a deal valuing the company at ТЃ162m