Exits
PE-backed IPOs hit nine-year low
Of the 617 European exits so far this year, only 17 have been IPOs, equivalent to 2.7%
CVC sells Stage Entertainment to trade
CVC sells 60% stake in Dutch musical theatre producer Stage to Advance Publications
Parabellum partially exits Parseq to Kura Group
Parseq's finance and administration division will continue to operate from its existing site
Prime Ventures sells Greetz to trade
Photobox, backed by Exponent Private Equity and Electra Private Equity, buys Greetz
Ardian in talks to buy Trustteam
Ardian is set to acquire Belgium-based IT company Trustteam, owned by Naxicap since 2014
BGF exits MPK Garages
Stratford Retail Group acquired the company as part of its plan to build a group of fuel forecourts
Weinberg eyes Realease Capital
Andera invested in Realease Capital, a professional equipment leasing company in 2015
Hg sells Kinapse to Syneos
Divestment of the life sciences consultancy brings to an end a tenure of just two and a half years
Avedon sells CycloMedia to Volpi in €100m deal
Investment in Netherlands-based B2B geospatial data business generates a 5x return
DBAG sells Cleanpart to Mitsubishi for 2.4x
Sale is the second realisation from DBAG’s sixth fund after selling Schülerhilfe to Oakley
VC-backed Farfetch gears up for listing
Online fashion marketplace files a registration statement for an IPO on the New York exchange
TA Associates-backed ITRS acquires OP5
ITRS acquires OP5 from previous investors Pod Investment, Industrifonden and SEB Venture Capital
HTGF sells Veodin to VC-backed Templafy
Templafy acquires Veodin for its SlideProof application, an add-in for Microsoft PowerPoint
De Hoge Dennen sells Mybrand to Conclusion
Sale ends a three-year holding period for the investor, which acquired a majority stake in 2015
Carlyle mulls Atotech IPO
Carlyle acquired the business at an enterprise value of $2.3bn from French energy company Total
BGF exits first ever investment as Bain backs Benefex
Benefex was the first investment made by BGF in 2011, with ТЃ5.5m invested overall
Bencis takes over Fit For Free and SportCity from Avedon
Avedon invested in the Dutch fitness chains in 2009, supporting the roll-out strategy
Bridgepoint-backed Smyk files IPO prospectus
GP had acquired Smyk in a €247m deal from former owner Empik Media & Fashion in January 2016
GMT, VSS sell IT-Ernity to trade
GMT made the original investment from its third fund, a €250m 2007-vintage buyout vehicle
Capvest's Valeo acquires Blackstone-backed Tangerine
Reported deal for the confectionery firm comes eight months after the acquirer made a тЌ100m bolt-on
Arcus sells Kama to Premium Equity
Deal for the printing and packaging machinery firm is the third from the GP's short-term maiden fund
BC Partners acquires VetPartners from August and Ares
Deal reportedly values the UK-based veterinary group at ТЃ700m, with BC investing from its 10th fund
Diana Capital exits Lumelco
Company plans to use the fresh capital to consolidate its market position and bolster its expansion
LBO France sells Ylda Group to Alchemy
Company plans to use the fresh capital to boost its growth organically and through acquisitions