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Exits

Coffee machines and cafes
BaltCap sells Caffeine to Reitan Convenience

Ends a six-year holding period for BaltCap, which backed the business through its Lithuania fund

  • Exits
  • 04 October 2018
Cloud computing software and services
J Hirsch sells Clouditalia to F2i and Marguerite's Irideos

Sale ends a six-year holding period for J Hirsch, which drew capital from its €270m ILP III fund

  • Exits
  • 03 October 2018
Seabrook crisps
LDC sells Seabrook to Calbee

Sale of Yorkshire-based crisps brand comes less than a year after LDC refinanced the company

  • Exits
  • 03 October 2018
Private equity investments in tourism are taking off
Endless reaps 7.7x on Ink Publishing sale to Stagwell

Sale of in-flight media publisher brings to an end a three-year holding period for the vendor

  • Exits
  • 03 October 2018
Cars manufacturer Aston Martin
Investindustrial-backed Aston Martin prices £4.3bn IPO

Flotation of the luxury carmaker values shares towards the lower end of the initial price range

  • Exits
  • 03 October 2018
Biotechnology laboratories
LFPI Gestion exits Accolab in trade sale

LFPI sells stake in clinical laboratories operator Accolab after three years of ownership

  • Exits
  • 02 October 2018
Investment in renewable energy
Verdane exits JSB Group

Deal supports JSB’s corporate strategy by combining business activities to grow scale and resources

  • Exits
  • 02 October 2018
Human resources software developer
Hg sells Lumesse

Sale of HR software company brings to an end an eight-year holding period for the vendor

  • Exits
  • 02 October 2018
Box-packing machines
IK Investment Partners sells Transnorm to trade

Sale ends a four-year holding period for IK, which bought Transnorm from Equita Management

  • Exits
  • 01 October 2018
Cattle farming and animal husbandry
BC Partners mulling Antelliq exit

BC Partners hires Rothschild and Goldman Sachs to advise on the sale of its majority stake

  • Exits
  • 01 October 2018
Car radio antennas
Advent-backed Laird sells off CVS division

Advent wholly acquired the UK-based manufacturer in a take-private deal earlier this year

  • Exits
  • 01 October 2018
Console games and consumer electronics
VC-backed Green Man Gaming pushes back IPO plans

Online videogame community and marketplace has reportedly reduced its anticipated valuation

  • Exits
  • 01 October 2018
Men's swimming shorts
Piper sells Orlebar Brown to Chanel

Sale of tailored swimwear company was reportedly expected to value the business at up to £50m

  • Exits
  • 01 October 2018
Glass bottle factories
Star Capital sells Olivotto Glass to trade

Sale ends a seven-year holding period for Star, which acquired a 71.6% stake in Olivotto for €16.4m

  • Exits
  • 01 October 2018
Rubber and foam insulation products
Neuberger Berman, NB Aurora exit Mesgo

Hexpol also acquires a majority stake from company founder and CEO Francesco Caldara

  • Exits
  • 28 September 2018
Television and boradband internet media packages
BC Partners buys United Group from KKR in SBO

KKR acquired a majority stake in United Group from Mid Europa Partners in March 2014

  • Buyouts
  • 28 September 2018
Pyroguard manufactures fire-resistant glass
ESO invests in Pyroguard

Financing is structured as a senior-secured loan note with additional equity participation

  • Buyouts
  • 28 September 2018
Tusk Therapeutics is a biotechnology company
Droia sells Tusk Therapeutics to trade in €658m deal

Droia invested in UK-based Tusk Therapeutics in 2014, acquiring a majority stake

  • Exits
  • 28 September 2018
Fireproofing products and safety systems
DBAG buys Kraft & Bauer from Invision

Fifth buyout from DBAG Fund VII, a €1bn buyout fund that hit its hard-cap in July 2016

  • Exits
  • 28 September 2018
Safes and vaults
PHI Industrial exits Intimus

Sale ends a four-year holding period for PHI, which acquired the business via its second fund

  • Exits
  • 27 September 2018
Basic Fit runs gyms and exercise classes in the Netherlands
3i sells Basic-Fit shares for £85m

3i Group sells down 3.7 million shares in Basic-Fit at a price of €30.5 per share

  • Exits
  • 27 September 2018
Water features for gardens and parks
Rockpool backs BIMBO of BGF-backed Primrose

Online retailer of garden products generated EBITDA of £2.5m in its most recent financial year

  • Buyouts
  • 27 September 2018
Parcel delivery services
Abris exits Urgent Cargus to Mid Europa

Exit ends a five-year holding period for Abris, which acquired the firm with its second buyout fund

  • Buyouts
  • 27 September 2018
Seed processing plants for agriculture
Initiative & Finance exits Akanea to trade

GP exits investment in software publisher having bought a majority stake in 2013

  • Exits
  • 26 September 2018
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