Exits
Invision buys majority stake in VR Equitypartner's N3K
VR Equitypartner acquired a minority stake in N3K in 2016 and reinvests in the structure
Blackstone exits De Nora in €1.2bn deal
Sale ends a three-year holding period for Blackstone Tactical Opportunities, which owned a minority stake in the company
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
Mercia-backed Abingdon Health files for IPO
Abingdon Health was in discussions with potential investors for an IPO to raise around £100m
Equistone sells Eschenbach to trade
UK-based Inspecs Group is to pay €94.85m for the eyewear business, according to a statement
Livingbridge sells Giacom to trade
Bidders for the company included Hg among a number of other trade and private equity bidders
Hg acquires Septeo Group
Deal sees Hg investing via Genesis 9 and reportedly values the legal tech business at more than €1bn
Sale of EQT-owned Fertin Pharma to launch in Q1 2021
GP is aiming to close the deal before the second half of 2021
Omers considers sale of ERM for £2.5bn – report
Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015
Eurazeo exits Iberchem in €820m deal
Sale generates a cash-on-cash multiple of 2.1x and a 25% IRR for Eurazeo Capital
VC-backed Spacemaker sold to Autodesk for $240m
Deal comes a year and a half after the startup raised a $25m series-A round co-led by Northzone and Atomico in June 2019
Permira hires Goldman Sachs, Morgan Stanley for Dr Martens' IPO – report
Permira acquired the brand in 2013 for £300m, with debt provided by Barclays
EQT-backed HusCompagniet prices IPO
Company's IPO had reportedly been covered on the first day of the bookbuild
Mutares exits Nexive in €60m deal
Mutares and Dutch mail company Postnl sell the entire share capital of Nexive to Poste Italiane
Bridgepoint-backed Diaverum to launch IPO
Planned IPO could reportedly value at the renal care clinics group at more than €2bn
LDC mandates Rothschild to sell Adey - report
LDC acquired the company in June 2016, using a €60m unitranche provided by Alcentra
Montagu to acquire ISI from Citic
Completion of the sale is expected next month, subject to customary closing requirements
Nordic Capital-backed Nordnet prices IPO
Offer amounts to roughly 38% of the total number of shares being offered in the company
PE-backed Nets and Nexi sign agreement for merger
Deal values the Danish paytech company at €7.8bn
BC to acquire Keesing from Ergon Capital, Mediahuis
Ergon invested through the €350m buyout vehicle Ergon Capital III, which closed in 2010
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
EQT buys majority stake in Thinkproject from TA
TA Associates bought the construction software company in 2016 and has reinvested as part of the SBO
Electra hires Stifel for Hotter Shoes sale
Skelmersdale-based Hotter had revenues of £89.3m in the year ending on 31 January 2020
Second-round bids due next months for Kotkamills - report
Triton Partners is one of the GPs vying for the company, according to Mergermarket