Exits
Cabiedes & Partners, Highgrowth et al. exit Smadex
Smadex will be fully integrated into Headway, an Argentina-based provider of mobile data
RCapital sells The Coaching Academy in MBB
Divestment ends the GP's 11-year tenure of the UK-based training company
CVC's Delachaux foregoes IPO, acquired by CDPQ
Although an IPO price range was announced last week, CDPQ ultimately acquires the business
VC-backed Home24 prices €600m IPO
Flotation prices at the higher end of the €19.5-24.5 range set at the start of June
Vaaka sells Sataservice in trade deal
Deal ends a four-year holding period for Vaaka, which acquired the business in May 2014
Invision sells Swiss Education Group to Summer Capital
Deal ends a 10-year holding period for Invision, which acquired the business in 2008
Avedon sells Seebach to trade for €60m
Avedon acquired the business in 2012, drawing equity from the €190m NIBC Growth Capital Fund II
CapVest sells Scandza to management
Buyers will acquire 60% of Scandza from CapVest, according to a local media report
Argos acquires Factum from Naxicap et al.
Deal for the equipment leasing company brings to an end an 11-year holding period for Naxicap
Advent buys Deutsche Fachpflege from Chequers
Current management team will retain a stake in the new company and remain in their positions
Adelis sells IT Relation to Hg
Deal ends a two-year holding period for Adelis, which established the business in 2016
Cobalt Capital sells Eurodommages in SBO
Qualium Investissement to buy Eurodommages, a France-based automotive insurer
DBAG backs Karl Eugen Fischer in MBO from Equistone
Deal is the fourth MBO structured by DBAG Fund VII since it began deploying capital in 2016
FSN exits Green Landscaping in SEK 197m deal
GP sells its holding of 9,281,788 shares, held via its FSN Capital III fund, through a block sale
Bowmark backs buyout of The Instant Group from MML
Both MML and the company's management team are reinvesting for a stake in the new company
LDC generates 3.5x on PEI sale to BDC
Sale of the media, data and events company comes less than three years after LDC's purchase
Nordic Capital sells AniCura to Mars Petcare
Deal ends a four-year holding period for Nordic Capital, which acquired the business in 2014
Ardian, Edmond de Rothschild exit Siaci Saint Honore
Charterhouse takes over, acquiring a minority stake in the insurance brokerage business
CCMP, Corpfin exit Volotea
Volotea CEO Muñoz and the management team will increase their holding post-transaction
Sovereign scores largest ever exit with Linnaeus sale to Mars
Divestment of the UK veterinary group generated the firm's strongest ever gross return
Ardian divests Diam in management buy-back
Management acquires a majority stake while BNP Paribas Développement retains a minority
Silverfleet sells Ipes to Genstar's Apex Group
Sale of the fund administration business generates a 3.8x return and 30% IRR for the vendor
Iris Capital exits Lediberg
Lebanese GP sells the Italian business to stationery producer Johnson CPZ Distribuzione
FSN-backed Netcompany sets final IPO price
Copenhagen-headquartered IT firm lists with market capitalisation of DKK 7.75bn