Exits
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Alcedo to sell Nahrin SwissCare to Vam
Vam Investments takes stakes in businesses requiring restructurings, with a required investment of €5-20m
Invision sells TonerPartner to Gilde Buy Out Partners
Gilde is currently investing from its Buyout Fund V, which closed on €1.1bn in November 2015
MB Funds to sell A-Katsastus to Finnish cooperative Tradeka
Exit comes a year and a half after the Finnish GP acquired the company from Bridgepoint, having also owned the company between 2003 and 2006
Maj Invest acquires Ferm Living from Vendis Capital
Deal reportedly values the interior design company at around €67m
IK sells Signature Foods to Pamplona
IK acquired the company from its IK VII fund, which closed on €1.4bn in October 2013
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
VC-backed Cazoo acquires Target Global-backed Drover
Cazoo generates revenue of £150m and has a valuation of more than £2bn
LDC exits Texthelp, Five Arrows invests
LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners
TSG Consumer Partners sells stake in Canyon Bicycles
Listed investment holding Groupe Bruxelles Lambert is to buy a stake in the Germany-based business
German government acquires 25% stake in KKR's Hensoldt
KKR is to own a 43% stake in the defence and security sensor company, which listed in September 2020
Borromin sells Guntermann & Drunck to Naxicap
SBO will result in returns of 3.9x money and 30% IRR, according to a source close to the situation
Advent sells Faerch to trade
Deal comes three years after the GP acquired the company from EQT, reportedly paying around €1bn for it
MB Funds to sell Kotkamills to trade
Sale comes five years after an MB Funds-led consortium acquired the company from Opengate Capital
Cabot Square sells Asset Alliance for £4.1m
Asset Alliance's debt, including a £140m RCF, will be refinanced by the acquirer following completion
HVD Partners sells Solifos to trade
Turnarounds specialist scores 9x MM and an IRR of 135% on the sale, according to a statement
Polaris reaps high-teens return on €1bn sale of Molslinjen
Deal is the first exit from the GP's third buyout fund
ECI sells Arkessa to trade for 2.1x return
Arkessa was held in ECI Partners' 10th fund, which closed on £500m in 2014
PE-backed Elektroimportøren prices IPO
Company will start trading from 16 December on Euronext Growth Oslo
PE-backed Navico divests C-Map Commercial
Divestment will allow Navico to focus on its core business
Inflexion sells LCP to Charterhouse for £300m
LCP's executives and employees own a majority of its shares and its partners will increase their share
Castik sells Acrotec to Carlyle
Precision parts producer was valued at CHF 280m when it was acquired by Castik in 2016
Investcorp sells Avira, nets 200% IRR
Cybersecurity company saw EBITDA increase by 80% during the eight-month investment period
EQT sells Apleona to PAI for €1.6bn
Deal is PAI's first in the DACH region since appointing Ralph Heuwing as partner and head of DACH