Exits
Main Capital sells Denit for €20m
Uniserver will wholly acquire the company, while founder Dennis Bruin will also leave permanently
Baring Vostok, Vostok New Ventures sell Doc+
Baring Vostok Private Equity and Yandex provided $5m of financing to Doc+ in 2017
BDC exits BigHand to Levine Leichtman
Los Angeles-based Levine Leichtman is currently investing from its sixth-generation fund
Patrimonium and co-investors sell Fixatti to trade
MBO of Schaetti Group took place in 2013; the company was rebranded as Fixatti in 2018
Oxy Capital exits Prio Energy to trade
Sale ends a seven-year holding period for Oxy Capital, which acquired the company from Martifer
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Vallis Capital sells Vortal to Stirling Square's Docu Nordic
Stirling Square intends to support Vortal in expanding its business in current and new markets
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
Innova exits Trimo to trade
GP acquired the company in a 2015 buyout from a group of Slovenian banks, including Nova Ljubljanska Banka
Hg sells Citation to KKR
KKR will also be investing from its Global Impact Fund, which closed on $1.3bn
Procuritas exits Temporary Space
Acquisition will help trade buyer Algeco to strengthen its position in the Nordic modular space market
EQT to launch Huscompagniet's IPO - report
IPO is expected to be launched by the end of the year or the beginning of 2021 at the latest
CVC's Syntegon sells Viersen-based operations to trade
CVC acquired Syntegon Technolgy in a carve-out from Robert Bosch in 2019 via its seventh fund
Bullnet Capital sells Codice SW to PE-backed Unity
Sale ends an 11-year holding period for Spanish venture capital firm Bullnet Capital
Mobeus sells Access-IS, nets 23.4% IRR
Since Mobeus's investment, Access has doubled revenues from £11.5m to more than £19m in 2019
Nordic PE exits hit new low in Q2
Volume of exits by PE firms across the Nordic countries in Q2 2020 fell to its lowest point in more than a decade, according to Unquote Data
BGF-backed Hobs sells Anexsys
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
VCs sell stakes in Kandy Therapeutics to Bayer
Backers included Advent Life Sciences, Fountain Healthcare Partners, Forbion, OrbiMed and Longitude
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Horizon exits Glass Container to Vetropack
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
Marcol invests in Fernarzt, launches new HealthHero platform
Seed investor Heartbeat Labs will retain a 10% stake in Fernarzt
THCP-backed Byron to be acquired out of administration
Existing investors, including Three Hills Capital Partners, will retain a minority share
Capital D sells Invincible Brands to Henkel
Capital D acquired Invincible Brands for an undisclosed sum in January 2018
G Square looking to exit ISPS - report
G Square acquired the healthcare training business from Montefiore in 2016