Exits
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
Nordstjernan sells Salcomp
Sale ends a holding period of 12 years for Nordstjernan and six years for minority investor AP6
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
Livingbridge exits Create Fertility in management buy-back
Sale ends a six-year holding period for the GP, which invested £5m in the company for a minority
Italglobal Partners exits Easy Welfare in €53m deal
In addition to Italglobal stake, Edenred also buys the shares controlled by Injection Capital
Segulah sells Zengun
Segulah makes the divestment from its SEK 2.4bn, 2016-vintage buyout fund Segulah V
Carlyle exits Italian electric motors maker Marelli Motori
Sale ends a six-year holding period for Carlyle, which bought the company from Melrose Industries
Bravo Invest sells Eurochiller to trade
Sale ends a three-year holding period for Bravo Invest, which owned an 85% stake in the company
Astorg sells M7 Group to trade in €1bn deal
Majority owner Astorg sells Luxembourg-based TV operator M7 Group to French peer Canal+
Sponsor Capital sells Plastiroll to trade
Sale ends a seven-year holding for the GP, which made the divestment from Sponsor Capital III
Portobello Capital exits Ice Cream Factory
Sale ends a nine-year holding period for the GP, which held a majority stake in the company
Naxicap's Stelliant to buy GM Consultant
TGS, a subsidiary of Stelliant, will merge with insurance consulting firm GM Consultant
Orlando sells Euromaint to trade for €80m
Sale ends a holding period of three years for Orlando, which acquired the company for SEK 650m
Stirling Square buys Logent from Adelis
Second platform investment from Stirling Square Capital Partners IV, which is targeting €800m
Greybull-backed British Steel in liquidation
British Steel reported £1.4bn in revenues and an EBITDA of £68m in 2018, up from losses of £100m