Exits
Kester-backed Frontier sells business to HIG-backed Vernacare
HIG invested from its Growth Buyout Equity Fund III to acquire Vernacare from Palatine
GCP sells Chaucer to Apax-backed Bip
With this add-on, Bip expects to create a global advisory company with 3,300 staff and revenues of €350m
Mercia sells NAC to PE-backed LGC for £18m
Mercia held a 29.4% stake in NAC at the date of sale and will receive initial cash proceeds of £4.8m
Resource Partners sells Golpasz to trade
PE firm Resource Partners has been a majority shareholder of Golpasz since 2015
Ardian sells stake in Envision
Ardian and GHO have been exploring options with advisers for the sale of Envision since May
Aurelius sells handicraft business Mez
Sale ends a five-year holding period, during which Aurelius sold Mez's Italy-based subsidiary
Bridgepoint Development Capital to exit KGH Customs Services to trade
UK-based GP exits the business six years after acquiring it from Procuritas
TnuiCapital to acquire Busaba
Terry Harrison, Busaba Eathai's managing director, is to remain at the helm
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
Capiton sells Trioptics to trade
Exit to Jeniotik follows a five-year investment period and is the second exit from Capiton IV
Acton sells stake in Momox to Verdane
Verdane will own an 85% stake in the Germany-based e-commerce company via its 10th fund
VCs exit Inventorum to Shore
HTGF and Vogel Ventures have previously backed cash management software Inventorum
Axcel acquires AddPro from Adelis
Deal is Axcel's second from its sixth fund, which held a first close on €507m in February 2020
PE-backed Mercell prepares for IPO
Viking Venture-backed company hopes to raise NOK 450m in gross proceeds
FII-backed Seco to list on the Italian stock exchange
Seco hires Value Track as financial adviser, and Mediobanca and Goldman Sachs as global coordinators
Royalton-backed Certasig goes under - report
Royalton acquired a majority stake in Certasig in 2007 via its Royalton Capital Investors II fund
Carlyle exits Eggplant for $330m
The Carlyle Group acquired Eggplant from venture capital firm Seraphim in January 2016
DUBAG sells Scheven to trade
GP acquired the civil engineering and pipeline company in 2017 from its parent company Bilfinger
Volkswagen in talks to acquire Eurazeo's Europcar stake - report
Car rental business's largest shareholder Eurazeo has owned a stake in the company since 2006
Astorg to acquire Normec from Summit
Summit Partners acquired a minority stake in Normec for an undisclosed amount in December 2017
VCs exit UltraSoc to Siemens
Previous investors include Seraphim, Indaco, Octopus Ventures, Oxford Capital and eCapital
ICG acquires Workhuman minority at $1.2bn valuation
Balderton Cpaital, Atlas Venture and Benchmark are early investors in the HR platform
EQT's Saur buys Nijhuis from Wagram, Egeria
Wagram bought a stake in waste water treatment company Nijhuis Industries from Egeria in 2014
Allegro's PE sponsors plan IPO
GPs jointly acquired Allegro from South African media group Naspers for $3.253bn in October 2016