Exits
Mentha buys and merges Paradigma and BlijWerkt
Gilde Healthcare was invested in HR specialist BlijWerkt since 2011
Endless-backed The Book People goes into administration
Book retailer The Book People will continue to trade and no redundancies are planned
Vectis sells WinBooks to trade
Founded in 1989, Exact launched its cloud-based accounting product Exact Online in 2006
3i scores 4.1x on Aspen Pumps sale to Inflexion
Sale of the pumps manufacturer represents a 4.1x return on invested capital and a 34% IRR for 3i
DeA Capital exits Cartiere Pigna to trade
Sale ends a two-year holding period for the GP, which bought a stake in the company via Idea CCR I fund
Triton sells Eleda Group
Triton initiated the buy-and-build by acquiring a stake in Akeab in 2017
Astorg sells Audiotonix to Ardian
Audiotonix is the first realisation from Astorg VI, which closed on €2.1bn in 2016
Altor exits Ålö to trade
Purchase price for the Sweden-based agricultural machinery manufacturer is based on an EV of €250m
FrenchFood Capital backs Class'croute SBO
French food-focused GP invests via its €132m maiden fund, closed in Q3
3i nets £102m from Audley Travel, Hans Anders dividends
3i receives proceeds of £67m from Audley Travel, while Hans Anders generates a €42m windfall
Ardian buys minority stake in Nutripack Ecocup
Ardian acquires Crédit Mutuel Equity's stake in the France-based packaging manufacturer
Oakley exits WebPros to CVC and re-invests
Exit sees Oakley re-invest for a minority stake and returns of 6.7x and 140% IRR in total
Lindsay Goldberg in talks to sell Schur Flexibles
GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020
FSN sells Fitness Word to Pure Gym
Buyer has been owned by US buyout house Leonard Green & Partners since late 2017
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Apax Partners, UI Gestion et al. back Routin SBO
Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer
Agilitas sells Recover Nordic to EQT
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018
NorthEdge sells DHG to ArchiMed for 3x return
During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus
EQT exits ITS Learning to trade
Sale ends a six-year holding period for EQT, which bought the company via EQT Expansion Capital II
PAI Partners buys Armacell from Blackstone
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Ardian exits CCC to Telus
Canadian listed telecoms company buys the business for an EV of €915m
Jet Investment exits MSV Metal Studenka
Sale ends a six-year holding period for the GP, which bought the company via its Jet I fund
Albion sells Bravo Inns for £17.9m
Enterprise value of the company represents an entry multiple of 6.8x for the acquirer
Green Arrow buys Poplast from EOS
Green Arrow invests via its third fund, which held a final close on €230.6m in September 2018