Exits
PE-backed Accedo in acquisition talks ahead of sponsor exit – Mergermarket
SEB may mandate financial advisers for an IPO or a trade sale within the next two years
Sun European to sell mattress retailer Dreams for $475m
Exit comes eight years after the GP acquired the company from its administrators at an estimated price of ТЃ35m
Palamon takes over Carlyle's IDH stake
Carlyle acquired IDH in 2011; the firm merged with Palamon's ADP and Palamon rolled over its stake
PE-backed Komplett to launch IPO
Company is planning to list on the Oslo Stock Exchange, where it had previously been listed prior to its de-listing in 2011
Nordic Capital sells 9.2% stake in listed firm Nordnet
Nordic Capital no longer owns any shares in Nordnet, while Уhman Group remains the largest shareholder, with a 22% stake
Hannover Finanz sells Corporate Planning to ICG's ProAlpha
GP bought a majority stake in the corporate planning software developer in 2017 in a succession solution deal
Mobeus scores 3.3x on Ludlow trade sale
GP sells financial advice business Ludlow Wealth Management to Mattioli Woods for ТЃ36m
Funds maturing in 2021: what is still in PE and infra portfolios
Unquote and Inframation delve into seven of the largest funds maturing around 2021 to highlight potential M&A and secondaries opportunities
Keensight Capital to buy Symeres from Gilde Healthcare
Gilde's exit comes four years after it invested in the drug discovery and medicinal chemistry company
Advent exits Circet to ICG
Sale ends a three-year holding period for Advent, which bought the company from CM-CIC Investissement
LDC sells Magicard to trade for £42m
Sale comes five years after LDC backed a ТЃ22m management buyout of the compan
Omers buys into Partners Group's International Schools Partnership
Deal gives the international group of K-12 schools an enterprise value of тЌ1.9bn
Itago exits Altanova to Esco
With this exit, NEIP III reaps a return of 4.5x on its initial investment
Procuritas sells Sofa Company to trade
Deal implies a return of 6x for the GP, a source familiar with the deal told Unquote
Cinven sells Chryso to Saint-Gobain for €1bn
Sale ends a four-year holding period for Cinven, which acquired the company from LBO France via Cinven VI
PE-backed Oatly lists in $10bn IPO
Company's share price surges by more than 30% to $22.74 during initial trading
Finatem's HGears lists with €270m market cap
GP will retain a 30% stake in the gears and components producer, reaping 6x money and 25% IRR
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching тЌ12.7bn
Eurazeo to ramp up divestments over next 24 months
Firm also expects fundraising to exceed the previous record of €2.9bn set in 2020
Alcedo exits Swisscare to Nahrin
Sale ends a five-year holding period for Alcedo, which acquired a 55% stake in Swisscare from its founders
Palatine sells TTC Group to management
TTC had reportedly been affected by the lockdowns caused by the pandemic
EQT's Suse lists in €5bn IPO
GP acquired the open source software from listed Micro Focus for $2.535bn in 2018
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
EQT's Suse sets share price for €5bn IPO
Listing of the open-source enterprise software business is expected on 19 May 2021