Exits
Marcol-backed HealthHero acquires Eight Roads-backed Doctorlink
Doctorlink generated £3.8m in turnover and EBITDA of -£7.6m in the year ending on 30 June 2020
Nazca exits Moldcom to Cranemere's ES Group
This is the first divestment made by Nazca IV, a €275m vehicle raised by the GP in 2016
Mutares-backed Balcke-Dürr sells Rothemühle to trade
Industrial energy efficiency equipment producer sold its Poland-based operations in April 2020
Horizon's Timico buys Arcus Cloud Services
Horizon bought a majority stake in Timico in 2016 via a deal valuing the company at more than £50m
Gimv sells Climate for Life to Parcom
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Alpina sells Modula to PE-backed Aptean
Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015
SHS sells Puracon to IK-backed Klingel
Deal marks Klingel's third add-on under IK ownership, as well as SHS's third exit of 2020
Livingbridge sells Up Group to Omers-backed Alexander Mann
Livingbridge has invested in several recruitment businesses, including Armstrong Craven and Staffline
AEA aquires majority stake in Battery-backed PST
PST is a group of seven companies in Battery Ventures XI fund, which closed in 2016
Cinven, BCI to acquire Compre from CBPE
This is Cinven VII's third acquisition following the purchase of LGC and Thyssenkrupp Elevator
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around €13.6m
Perwyn acquires Agilitas from NVM for 8.4x returns
Agilitas recorded revenues of £12m in the year to March 2019, up from £9m in the same preceding period
Mobeus exits Vectair for 8.3x return
Oxbow seeks to invest in mid-market companies with a revenues range of $20-250m
Mobeus sells stake in Advantedge for 30% IRR
Mobeus reported a 2.7x return on the sale to ECapital, a provider of alternative financial products
GP-backed Diaverum scraps plans for IPO
GP said indications received did not fully reflect the fundamental value of the business
LDC sells NBS to TA-, Stirling-backed Byggfakta
Bank of America was given the mandate to run the sale process for the company in September 2020
PAI-backed Stella Group buys BPE's DuoTherm Rolladen
Exit ends BPE's three-and-a-half-year holding period; the add-on is Stella's second under PAI
Chequers, Paragon to acquire Silverfleet's 7days
Sale process for the medical workwear company saw interest from FSN and Gilde, Mergermarket reported
H2 acquires Optegra
Vendor of the ophthalmology company is Eight Roads, Fidelity International's private equity arm
Nordic Capital's Nordnet completes listing
IPO gives the company a market cap of SEK 24bn, compared with SEK 6.6bn at its take-private in 2017
LDC sells Panther Logistics to trade
LDC's Midlands team originally invested in 2016 as part of a £17m management buyout
Keyhaven sells PIC for 1.7x return
Keyhaven's latest direct investment fund was Keyhaven Capital Partners IV, which closed on £74.2m
Via Equity sells EnviDan to Waterland
Via Equity acquired the water and wastewater consultancy in 2015 through Via Venture Partners Fond II
Sovereign exits BIMM to ICG
Sovereign Capital Partners backed the buyout of BIMM with a £10m investment in April 2010