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Exits

Aeroplane engines and aerospace services
Astorg buys Aries Alliance in SBO

Phoenix, CM-CIC Investissement, BNP Paribas Développement and Ace Management exit the business

  • Buyouts
  • 31 October 2018
Bikes and cycling products
Sports Direct buys ECI's Evans from pre-pack administration

Deal brings to an end a three-year holding for ECI, with PwC mandated to find a buyer

  • Exits
  • 31 October 2018
Pharmacy checkouts
Initiative & Finance sells Fil Rouge to Altavia

Marketing business Altavia is minority-backed by Andera Partners (formerly Edmond de Rothschild Investment Partners)

  • Exits
  • 31 October 2018
Radiators and plumbing services
Star Capital exits Gia

Sale ends a six-year holding period for the GP, which bought the company via its Star Bridge Fund

  • Exits
  • 30 October 2018
Comtoise makes processed cheese
Gimv to acquire La Comtoise in SBO

Céréa Partenaire and Unigrains-backed La Comtoise is currently doubling production

  • Buyouts
  • 30 October 2018
Office software and communication tools
CVC, GRO Capital buy Omada from C5 Capital

GPs will partner with the management team to accelerate the company's expansion and innovation

  • Expansion
  • 30 October 2018
Riri designs zips and buttons for the clothing and accessories market
Chequers buys Riri from Gilde

Chequers is currently investing from Chequers Capital XVII, which it closed on €1.1bn in May 2017

  • Buyouts
  • 30 October 2018
Wagamama is a chain of Japanese restaurants
Duke Street reaps 3.4x from £559m Wagamama trade sale

GP has sold the UK casual dining chain to listed trade buyer The Restaurant Group

  • Exits
  • 30 October 2018
Vaccines and injections
VC-backed Themis announces IPO price range

Size of the offering for Austria-based Themis is €55.3m – at the high-end of the price range

  • Exits
  • 29 October 2018
Gas boilers and kerosene suppliers
Star Capital exits CastFutura

Sale ends a five-year holding period for Star Capital, which acquired the company from Synergo

  • Exits
  • 29 October 2018
Nurses and other healthcare staff
Sofindev to sell House of Talents

PE house hires advisers to end holding period of two years for its €107m Sofindev IV Fund

  • Exits
  • 29 October 2018
Safe Cronite is a metal-working safety equipment manufacturer
PE firms carve out division from Siparex-backed Safe

Carved-out division, Safe Cronite, generates sales of €74m and employs 800 people

  • Exits
  • 26 October 2018
Weight training in the gym
Afinum sells Let's Go Fitness to Naxicap

Sale ends a holding period of four years for PE vehicle Afinum Siebte Beteiligungsgesellschaft

  • Exits
  • 24 October 2018
Blue Vision Labs develops augmented reality applications
Accel et al. divest Blue Vision to Lyft

Augmented reality developer will be integrated into Lyft's self-driving development division

  • Exits
  • 24 October 2018
Care homes and elderly care
Caledonia sells Choice Care to Icon for £152.5m

Sale of the care group generated a 1.9x return for the vendor following a five-year holding

  • Exits
  • 23 October 2018
Enterprise software
Livingbridge reaps 2.4x on £52m Symphony trade sale

Transaction for the automated operational processes firm comes 14 months after the GP's investment

  • Exits
  • 23 October 2018
Optical wires and fibre internet
Palatine sells MJ Quinn telecoms arm to Visabeira/Constructel

Partial exit from the infrastructure services firm comes 10 years after the GP's initial investment

  • Exits
  • 22 October 2018
Hema store
Lion sells Hema

Sale ends a holding period of just over eight years for Lion, which first mulled a sale in 2010

  • Exits
  • 19 October 2018
Automatic shutters
ICG to sell Stella Group

ICG appoints Lazard to conduct auction for France-based Stella Group, say reports

  • Exits
  • 18 October 2018
Time for private equity to drill down into exploration and production
FPE exits Ikon Science to Great Hill

New investment sees previous investors FPE Capital and Tullow Oil exit the UK-based company

  • Exits
  • 18 October 2018
Artificial intelligence
Bullnet Capital sells Zhilabs to Samsung

Following the deal, Zhilabs will continue to operate independently under its own management

  • Exits
  • 18 October 2018
Bird houses and garden furniture
Rutland sells assets of arson-struck Gardman to Westland

Newly developed warehouse of garden products business was destroyed by fire in March

  • Exits
  • 18 October 2018
Trackballs
Maven reaps 2.7x on sale of Cursor to DiscoverIE

Sale of trackball manufacturer brings to an end a three-year holding period for the fund manager

  • Exits
  • 17 October 2018
Primary school teachers
Endless sells Affinity Workforce to Castlerock Recruitment

Deal for the recruitment business brings to an end a holding period of just 16 months

  • Exits
  • 17 October 2018
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