Exits
NB Aurora buys Dierre from Gradiente
NB Aurora bought a 46.1% stake from Gradiente and the remaining 3.8% from Rubbiani for €30.2m
Palamon sells Il Bisonte to trade buyer
Deal values Il Bisonte at €100m and marks the first exit from Palamon European Equity III
Triton backs Royal Reesink SBO
Equipment distributor Reesink was marketed based on €55-60m EBITDA, according to reports
KKR sells credit specialist Sistemia to BC-backed MCS-DSO
Group plans to strengthen its position in the Italian credit collection market and boost its growth
Altor buys Ideal of Sweden
Founders Joachim LindstrУЖm and Filip Ummer, and EEquity reinvest in the transaction
Andera exits Erget in management buy-back
Erget is the 11th divestment from Andera's Cabestan vehicle, which closed on €113m in 2011
EQT transfers IP-Only to infra fund
EQT makes the divestment from its EQT Mid Market and EQT Mid Market Europe funds
Triton exits steel waste recycling company Befesa
Sale ends a six-year holding period for the GP, which bought Befesa from recycling company Abengoa
WCAS exits Aim Software in €60m deal
Welsh, Carson, Anderson & Stowe acquired a majority stake in Aim Software in 2015
Exponent sells Loch Lomond to Hillhouse Capital
Sale ends a holding of five years for Exponent, which acquired the company using its second fund
Arkéa et al. back Children Worldwide Fashion in SBO
Former majority owner Dzeta PE reinvests in the high-end children's ready-to-wear specialist
GPs sell public transport operator Hansea to DWS
Belgium-based Hansea acquired four peers based in Flanders and Wallonia since 2014
Mid Europa sells Knjaz Miloš to KMV, PepsiCo JV
GP makes the divestment from Mid Europa IV, ending a holding period of four years
Bregal Freshstream makes first exit with Intergas
Trade sale is Bregal Freshstream's first full exit since launching its maiden €600m fund
Avallon-backed Fiten files for bankruptcy
Fiten posted a loss of PLN 9.5m from sales of PLN 227.8m in 2018, according to company records
DPE to exit First Sensor for approximately €117m
DPE, Teslin Capital Management and other shareholders have agreed to sell their shares
CVC-backed Synsam postpones IPO – reports
CVC acquired the business in 2014, drawing equity from CVC European Equity Partners V
TFI sells stake in Piotr i Pawel to Spar
Spar acquires the business through its Polish subsidiary, Wasz Sklep Spar, and TFI retains a minority
LDC invests in Texthelp
Texthelp operates in Australia and the US, and has launched in the Middle East and in South America
Balderton sells Recorded Future to Insight Partners in $780m deal
Balderton led a $12m series-C round for the Boston-headquartered company in 2012
Charterhouse exits cheese specialist Nuova Castelli to trade
Sale ends a five-year holding period for Charterhouse, which owned an 80% stake in the company
Carlyle buys Forgital in €1bn deal
GP deploys capital from its two funds, Carlyle Europe Partners V and Carlyle Partners VII
Accent buys Götessons
GP uses the SEK 3bn Accent Equity 2017 fund, a lower mid-market vehicle that targets Nordic businesses
UK exits on hold in Q1
Exit activity reached its lowest quarterly level since the height of the financial crisis in Q1, according to Unquote Data