Exits
Blackstone et al. in talks to sell Refinitiv in $27bn deal
Trade buyer LSEG and target Refinitiv's combined 2018 revenues amount to around £6bn
Winona exits sports fashion retailer KJUS
Winona Capital invested in the Switzerland-based ski and golf apparel company in 2013
Gimv to sell Thinkstep to trade
Gimv first invested in the company's €8m financing round in 2010 alongside Next47
Eurazeo, Céréa to sell Léon de Bruxelles to trade
Sale will enable Eurazeo PME to realise total proceeds of €24.1m, a multiple of 1.5x
Ardian sells Ionisos
Latest transaction is France-based Ionisos's fifth buyout transaction since Acto bought it in 2004
Gimv, Sofinnova, Gilde exit Breath Therapeutics for €500m
Gimv and Sofinnova Partners co-led a 2017 €43.5m series-A for Breath Therapeutics, with participation from Gilde Helathcare
Portobello sells car rental provider Centauro for €130m
Sale ends a two-year holding period for the GP, which bought the company via its €375m third fund
Perusa sells Xindao to Gilde
Perusa makes the divestment from Perusa Partners II, a €207m vehicle that closed in 2017
LBO France backs Ecritel in SBO
Transaction sees Nextstage AM and Isatis Capital sell stakes in France-based Ecritel Group
Aksìa sells Lameplast to trade for €88m
Sale ends a three-year holding period for the GP, which bought the company via its fourth fund
Keensight buys Smile from Eurazeo
Keensight invested in the digital and Open Source services business between 2013 and 2017
VCs exit Understand.AI to trade
Germany-based trade buyer DSpace has acquired autonomous driving software company Understand.AI
Ardian buys majority stake in Staci from Cobepa
Transaction sees logistics services provider Staci valued at €600m, according to a report
Inflexion sells Cawood Scientific to Waterland
Acquirer typical makes initial investments in deals with enterprise values of up to €100m
BlueGem sells Liberty to Glendower for £300m
Vendor generated a 12x return on the luxury retail store after a nine-year holding
Permira acquires Quotient from GHO for a reported £600m
Outsourced drug development company has expanded into the US and tripled its revenues under GHO
3i buys Evernex from Carlyle in deal exceeding €400m
Carlyle invested in Evernex, a provider of IT infrastructure maintenance, in 2015
FSN sells Velcora to trade for SEK 1.28bn
Acquisition includes Velcora's Roplan and Steridose businesses, both headquartered in Sweden
Inflexion to merge Bridgepoint-backed Estera with Ocorian
Transaction ends a four-year holding period and reportedly values Estera at £500-600m
Yabeo, IBB, Atlantic Labs sell stakes in Dentolo to trade
Atlantic Labs first invested in the dental insurance platform in 2016, with Yabeo investing in 2017
Clessidra sells Cavalli to Dubai-based firm
Sale ends a four-year holding period for Italian GP Clessidra, which owns a majority stake
Capza buys Groupe Saint Aubin in SBO
Capza, formerly known as Capzanine, invests in the food company via its Capza Transition fund
VCs sell Amal to Boehringer Ingelheim in €325m deal
Boehringer Ingelheim Venture Fund and High-Tech Gründerfonds provided seed funding for Amal in 2014
AnaCap makes 2.6x on Ellisphere exit
Sale of business intelligence company generates a 2.6x money multiple and 52% IRR for AnaCap